Neal Fiore MBA *********@***.***
Middletown, N.J.
I am an accomplished and versatile results driven professional poised to deliver responsible growth and genuine results. Dynamic and focused in bringing companies to a greater efficiency and profitability; reduces organizational risks through comprehensive changes to each department ensuring maximum accuracy and quality. Rich mix of technical planning; operations and leadership talents complement advanced finance studies. Unique ability to see the “big picture” and execute in a “hands-on” manner. A change-agent; acknowledged for balanced judgment, stability and capacity to steer consensus among core business disciplines with diverse agendas and visions.
INDUSTRIES EXPERIENCE: Telecom Communications, Consumer Goods, Construction, Internet Security, Marketing, Manufacturing, Retail and Government
Areas of key strengths include:
Financial Analysis Forecasting Policy & Procedure Development
Budget Preparation Strategic Planning Audit Coordination
Budget vs. Actual analysis Inventory Control Cash Management
Contract negotiation P&L Management & Improvement Job Costing
Up and Downsizing planning & Implementation AP/AR/GL/HR/PR/Collections, Insurance M & A
SOX Compliance
PROFESSIONAL EXPERIENCE
Vice President of Finance
Spectrotel Inc. & RazGate & Touch Base Marketing “all three companies under same owners” 2005-2009
Directly responsible for monitoring the process of the company for all finance, accounting, human resources, payroll, insurance and operational functions. Serve as the Executive Manager and Strategic Planner participating in all phases of strategic business planning – including consideration of acquisitions and bank credit facilities as well as the present and future growth of the company.
Created financial model to track cost and implement improvement for one of the sales channel resulting in a 20% reduction in cost
Reduced the book close process by 3 days
Managed all banking and insurance relationships
Improved EBITDA by 20% by reducing churn
Renegotiated existing contracts resulting in a 5% savings to the bottom line
Reduced bad debt by 50% by implementing new policies and procedures
Completed market analysis and job costing improving product profitability by 12%
Completed mergers and acquisitions increasing revenue by 18%
Managed the Finance/Accounting team as the key point person responsible for the timing and delivery of all finance and accounting recurring and non-recurring assignments
Manage all aspects of the company’s cash management methodology, projections and reporting.
Reviewer and editor of the company’s budget forecast – focus on developing an obtainable growth plan.
Implemented monthly reporting packages for operations to track expenses and keep them on the budget
Initiated new cost control measures to reduce the Company’s monthly cash consumption
Regional Controller:
Masco “fortune 200 Company” Fair Haven, NJ 2001-2005
Accounted for the East Coast, that included 125 individual locations. Responsibilities included but not limited to the review of 125 individual P&L and Balance Sheets, maintaining the continued growth and profitability of each branch. Served as the Project Manager for the implementation of new financial software as well as the liaison for all financial, policy and Sales and Use Tax audits.
Spearheaded the continued growth and profit for the East Coast “125 Locations”
Created new reporting package capturing key operating and financial metrics
Ascertained over $500k in cost savings yearly through performance enhancements and continuous improvement programs in less than two years
Improved bottom line profit for failing branches
Implemented all policies and procedures for SOX compliance
Cash Flow forecast
Created product, service costing and pricing models allowing for optimized margins
Directed the automation of payroll entry for 5000 employees saving 100K annually
Developed and implemented financial policy and procedures
Implemented rules and procedures for controlling, pricing and managing inventory all across the east coast
Initiated a proactive inventory review process to identify potentially slow moving items and implemented marketing programs to move them before they became obsolete which also avoided $1 million of write-off costs
Analyzed financial statements and made necessary changes to improve profit
Provided a high level of analysis on consolidated financial statements
Finance Manager:
Spectrotel Inc. 2000-2001
Responsible for preparing financial documents to raise capital and analyzed variances for both the P&L and Balance Sheet.
Created Finance department for all financial reporting
Initiated and led the company’s first strategic planning process focusing the company on its strengths and opportunities
Reduced the month-end close time by half
Created company’s first cash forecasting model and breakeven analysis
Finance Manager/Financial Analyst:
AT&T Lincroft, NJ 1998-2000
Responsible for financial planning, project reporting. Budgeting, results analysis, book close, outlooks, and reporting for the organization.
Budget vs. actual reporting
Analyzed expense variances for 9 directors
Develop and implement test cases for Oracle
Managed the book close process
Forecasts
Cost/Price Analyst:
Department of Defense Eatontown, NJ 1995-1998
Prepare cost and price analysis on contracts to determine if fair and reasonable for the Government. Created weighted guidelines to determine profit objective, also Cost Factor Chairman for several SSEBs.
Periodically managed a staff of 1 to 3 cost analysts on SSEBs
Reconciled contractor proposals exposing a potential buy in and saved the Government $1 Million
Detailed by weekly actual verses budget reports on several projects
Prepared Governments pricing strategies
Expense budget development
EDUCATION AND TRAINING
Masters of Business Administration / Accounting 2001
Georgian Court University Lakewood, NJ
Bachelor of Science Management/Finance 1995
Kean University Union, NJ