Controller - CFO - VP Finance

Tighe Jespersen

*** ****** **** **

Edison, NJ **820 908-***-****

Email: **************@**.***

______________________________________________________________

Experiences:

Chief Financial Officer- Alarama Jewelry Long Island City, NY– Jan. 2002- June 2008

Manufacturer, Importer and Wholesale Distribution Firm

Annual Sales 100+ Million

A Division of Berkshire Hathaway

· Successfully negotiated with banks to increase lines of credit.

· Responsible for managing A/P, A/R, G/L, and cash management which reduced A/R days outstanding from 102 days to 73.

· Responsible for purchasing gold futures in volatile gold market to lock costs.

· Created and implemented forecasting tools and budgeting to finance growth.

· Extensive experience with budgeting and variance analysis.

· Implemented MAS 90 as our accounting software.

· Responsible for Cost Accounting and Bill of Material Maintenance.

· Introduced a new financial reporting system to create more visible financial controls.

· Designed inventory control system to increase the annual turns to better than industry averages.

· Managed Human Resources, security of vault operations, import of out sourced products and general administrative services.

V.P. Finance- Star Diamond Inc., New York City - Nov. 1995- Jan. 2002

Manufacturer, Importer and Wholesale Distribution Firm

Annual Sales 200+ Million

· Implemented financial and organizational structure for this privately managed and owned firm.

· Designed and implemented Star Diamond’s first automated general ledger system; converted all other accounting functions to align with the new system.

· Put into service Carillon G/L package, a MAS 90 clone. Equipped system with additional features to enhance tracking of purchases.

· Established Standard and Job Cost procedures to ensure margin targets were met.

· Accountable for financial systems; competently oversaw administrative tasks.

· Responsible for importation of all out sourced products.

· Instituted budgeting and forecasting tools to monitor and control growth.

V.P./C.O.O.- Jewelry Box Corp. of America, N. Brunswick, NJ- May 1990- April 1995

Manufacturer, Importer and Wholesale Distribution Firm

Annual Sales 15+ Million

Tighe Jespersen Page 2

· Negotiated and structured domestic acquisitions to profitability increase market share through vertical integration.

· Advantageously established joint ventures in Asia designed to decrease product costs on imported items and ensure sources of supply. Ventures included a Hong Kong trading company and plant.

· Effectively implemented planning and forecasting tools in conjunction with administrative changes that resulted in a 25% decrease in inventory and accounts receivable days outstanding.

· Adeptly assumed responsibility for all financial, accounting and operational activities of the company including customer service and logistics.

Chief Financial Officer- Omega Watch Corp., New York City, Jan. 1980 - Nov. 1989

Manufacturer, Importer and Wholesale Distribution Firm

Annual Sales 100+ Million

· Adeptly served as a senior corporate executive controlling the U.S. parent company and three other subsidiaries: Rado Watch, Tissot and Eta Movements.

· Gainfully negotiated domestic and international lines of credit.

· Leveraged currency differences maximizing profits and significantly increasing cash flow.

· Effectively analyzed financial, operating and marketing functions.

· Developed profitability reviews, budgets and forecasts.

· Creatively designed and implemented financial controls.

· Ably in charge of all administrative, financial and accounting activities.

Education:

MBA Finance- Fairleigh Dickinson University, Rutherford, NJ

B.A. Management- Fairleigh Dickinson University, Rutherford, NJ

Graduate Course Work - Engineering

Stevens Institute of Technology, Hoboken, NJ

References Available Upon Request

Contact this candidate