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Work Background
COO, CFO
Ariela & Associates InternationalCOO, CFO
Dec. 2020New York City, NY
Vice President, Consulting
CGS (Computer Generated Solutions)Vice President, Consulting
Sep. 2019 - Dec. 2020New York, New York, United States
Chief Operations Officer (COO) / Chief Financial Officer (CFO)
Amerex GroupChief Operations Officer (COO) / Chief Financial Officer (CFO)
Sep. 2017 - Dec. 2018Greater New York City AreaPrior success with the company (2003 - 2007) Recruited back to infuse organization with current best practices across the organization, charged with overall leadership of import tracking, warehousing and third-party logistics, customer service, operations, finance and banking relationships, insurance and compliance, facility management .. and more. ► Fully integrated MicroStrategy business intelligence platform into ERP environment. Enabled business intelligence reporting across entire enterprise from S&OP, production, inventory management and Finance. • Challenge: Two distribution centers were not integrated, requiring makeshift human intervention and manual data. Action: Closed 1 West Coast and 2 East Coast centers. Migrated to additional center and integrated ERP system via EDI communications. Negotiated new credit terms with bank and with FedEx. Impact: Paid less interest with structured bank loan. Received 25% FedEx discount. Captured $250-$350K in cost savings with consolidated distribution centers; simultaneously enhanced supply chain efficiencies. • Challenge: Old ERP system failed to capture real costs on a timely basis. Action: Restructured actual costings of product within ERP system. Impact: Gained operational efficiencies and financial control, with more accurate selling prices and decreased monthly closings from 60 to 30 days.
Chief Financial Officer (CFO) and Chief Information Officer (CIO)
Ariela & Associates InternationalChief Financial Officer (CFO) and Chief Information Officer (CIO)
Mar. 2016 - Sep. 2019Greater New York City AreaRecruited back on 3/7/2016. Prior successes with company (2012-2014; 2007-2011): As key executive team member, hold complete financial and operational accountability for this $250 million intimate apparel wholesaler. Administer yearly budget management and Board approvals. Manage P&Ls and all reporting to bank and partners; coordinated audits. Lead aggressive business planning on performance and proactive operational adjustments. Negotiate terms for loyalty and IT contracts, including hardware and software purchases. ► Provided guidance and accountability for all financial, regulatory and reporting functions for firm’s global operations, including oversight for membership interest and stock purchase agreement for 66% of firm buyout transition to CEO. Transaction included renegotiation of corporate bank facility of $40 million. ► Senior member of E-commerce Digital Sales Strategic Board, charged with launch of branded line on own company website. Strategic initiatives included brand development, marketing and site development. ► Deployed business intelligence with analysts / technical teams using SQL 2012 BI technologies and MS analytics. Developed full POS / EDT business intelligence integrated with inventory and future buys, for sales to retailers. Integrated over 6 million rows of data weekly. ► Transitioned disparate Excel-based data into consolidated information accessible to the user community, including strategic planning, logistics, costing, production, sales and new Business Intelligence data warehouse. ► Took $.5 million parallel replicated data center site live. ► Renegotiated bank loan renewal at 25% greater cost savings than previous terms. ► Led project team working with design firms and associates to physically move company site.
Chief Financial Officer (CFO) and Chief Information Officer (CIO)
Adrianna PapellChief Financial Officer (CFO) and Chief Information Officer (CIO)
Jan. 2014 - Mar. 2016Greater New York City AreaAs CIO, led transition from outdated ERP system to cost-effective BlueCherry Infinity system; and partnered with Director of E-Commerce to build and enhance 35-year-old company’s first website, www.adriannapapell.com. As CFO, guided financial control for 4 companies in China, India, the UK and the US. Manage companies’ 4 global controllers. ► Transitioned company from all-manual, to 60% automated, analytics-driven, optimized tools and processes. Prepared and presented quarterly board packages and financials to the Board of Directors for company with private equity ownership status. Collaborated with c-level partners and leadership on tax distributions, equity balance, and other strategic initiatives. Led leadership team of 4 global controllers in monthly reporting. Established automated, consolidated financial statements worldwide, on track with projections to slash closing time by 20 days ► Enabled competitive status for 4 companies (India, China, UK, and US) in global market by implementing new version of BlueCherry Infinity, including integration of MicroStrategy Analytics Platform with BlueCherry database and ERP system, enabling real-time business intelligence. Took system live November 2015. ► E-commerce site and SaaS solution built on Demandware Genesis 2.0 platform, also leveraged Demandware’s Order Management System (formerly MainStreet) as integrated solution with the Genesis 2.0 webstore. - 3rd party applications and functions (some as Certified Partners) included Avalara (sales data and regulations), CyberSource (payment gateway), PayPal (payment solution), BazaarVoice (website ratings/reviews), 500Friends (reward and loyalty program), Olapic (user generated content, i.e. Instagram and social media), WordPress (blog hosting), BorderFree (international shipping), and Bronto (email service provider).
Vice President, Consulting Services - PMO Leadership - ERP Implementation
Computer Generated SolutionsVice President, Consulting Services - PMO Leadership - ERP Implementation
Jul. 2011 - Jul. 2012Greater New York City AreaHandpicked by this global leader in technology solutions and services, for dual role heading up project services team (PMO) and large-scale BlueCherry 6 ERP system for W.L. Gore & Associates, Inc. (Gore-Tex products). Traveled extensively between the US and Germany and rolled out directives. Recruited back by Ariela into CFO/CIO role.
Chief Financial Officer (CFO) and Chief Information Officer (CIO) - Board Member
Amerex GroupChief Financial Officer (CFO) and Chief Information Officer (CIO) - Board Member
Sep. 2003 - Aug. 2007Greater New York City AreaJoined new executive team as CIO to spearhead major top-down company reorganization of this $110 million apparel wholesaler. Aligned technology / IT team with new strategic roadmap. Underwent transition in accountability during firm change of ownership to encompass CFO functions in late 2005, with complete financial and operational accountability. ► Navigated financial, regulatory and reporting efforts for firm and rep offices in 7 countries. Managed P&Ls and all reporting to bank and partners, including appraisal and audits. ► Directed organization-wide improvements towards profitable and productive operations. Led corporate-wide business process change and implementation. ► Introduced multiple new methodologies and technologies impacting change, productivity and performance. Executed numerous projects successfully.
Director - RSM McGladrey (H&R Block subsidiary)
H&R BlockDirector - RSM McGladrey (H&R Block subsidiary)
Oct. 2001 - Sep. 2003Greater New York City AreaSpearheaded growth and management of regional IT consulting practice with 4 offices in New York and Connecticut; and 15 consultants. Maintained total P&L regional oversight. Drove solution selling and formal project management processes for increased productivity and profitability. Directed facilitated of technology solutions. Penetrated numerous vertical markets. • Business Development: Created annual growth of up to 25% despite budget constraints and limited resources. Partnered with Philadelphia counterpart to strengthen multifaceted, multi-touch point marketing program. Championed utilization of technologies and heightened ROI through internal presentations to partners. • Project Management: Overcame resistance to a formalized structure; introduced project management methodology. Recognized marked improvement in deliverables, overall client satisfaction and boosted revenue.
Vice President
KaratVice President
Jan. 2000 - Oct. 2001Negotiated sale of Amarante Consulting to Karat, assuming role of VP, Professional Services (Program Director). Leveraged product / solutions expertise and drove high-end account penetration and development. Established Process Consulting (VP, Product Development). Closed key accounts: Ann Taylor, Coach, J Crew, Saks, Inc., Eddie Bauer and Otto Versand Group. • Business Development: Uniquely positioned Karat by communicating with both clients’ executive and technical staff on issues ranging from ROI to architecture. Made 85-95% of sales presentations. • Project Management: Directed project managers and served as lead in business processing and re-engineering engagements. Acted as Senior Product Manager for flagship product. Redesigned software functionality.
President
Amarante ConsultingPresident
Jan. 1993 - Dec. 1999• Transitioned public accounting firm to software technology consulting firm, capturing market niche with comprehensive solutions for IT infrastructure and applications consulting for the wholesale apparel industry. Clients included The North Face, Woolrich, Michael Kors, Charming Shops, Hampshire Group, Happy Kids, and Jeffrey Craig. • Built firm from $300K to $1.8 million in total consulting revenue. Grew staff to 20. Nurtured 7-year project relationship.
Vice President, Finance & Operations
Segue Ltd. (division of Hampshire Group)Vice President, Finance & Operations
Jan. 1986 - Dec. 1992Greater New York City Area• Directed finance, shopping and office operation. Partnered with CIO to introduce MIS improvements.
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