CFO / Controller

DAVID R. MAZZUCCO, MBA

* ****** ******* *****, ***** Granby, CT 06060

H: 860-***-**** . C: 860-***-**** . acb3g7@r.postjobfree.com

Executive Profile: CHIEF FINANCIAL OFFICER (CFO) / CONTROLLER

Strategic Growth Management for Startups, Turnarounds, Rapid-Growth

Companies

Budgeting & Analysis, Financial Reporting, Operational & Financial Controls

Action-oriented financial and operations executive with a proven track

record of success increasing financial performance and business value,

partnering finance and accounting, and strengthening information integrity

for strategic decision-making. Expertise driving actionable business plans

and process management solutions to propel company growth. Innovative

thinker acknowledged for analytical problem solving skills, financial

savvy, and business acumen.

Financial and Operational Leadership Competencies Include:

- Accounting, Reporting & Budgeting - Organizational & Team Leadership

- Treasury & Tax Planning

- Financial Planning & Analysis - HR, Staff Development & Training -

Credit & Risk Management

- Profitability & Cost Containment - Process & Productivity

Improvement - Cash & Asset Management

- Negotiations & Deal Structuring - Operational Streamlining - System

Conversions

PROFESSIONAL EXPERIENCE

CONTROLLER, CMG, Inc. ( Ludlow, MA 2009-present

CMG, Inc.: parent company for Crowley Transportation Services LLC (provider

of professional transportation staffing needs), StoneBear Management LLC

(property/leasing company), and Firehouse Learning LLC (educational

software distributor).

Recruited as #2 in command with CFO/COO responsibilities, including full

charge of finance/accounting, operations, sales/marketing, and

administration. Manage P&L for 4 wholly owned business units. Perform month-

end close and present quarterly financial reviews to the Board of

Directors. Supervise team of 5 direct reports.

. Orchestrated company-wide efforts that fueled company growth from $4M

(2009) to $13M in revenue (2013), driving 325% increase and positioning

company to divest of a division. Improved gross profit while reducing

operational and labor costs.

. Turned around Crowley Transportation Services, which was acquired by

publicly traded True Blue, Inc.

. Upon hire, immediately identified and rectified internal theft of $120K

at Crowley Transportation Services. Conducted intensive onsite bank

statement reviews and due diligence. Reconstructed tax disbursements and

worked with state agencies to develop a repayment plan for $1M in unpaid

liabilities. Negotiated abatement of penalties from $660K down to $80K.

. Developed and implemented strategic vision for the business and annual

financial/operating objectives in partnership with the owners and senior

leadership team.

. Strengthened accounting functions, implemented financial controls,

established purchasing and expense-reimbursement policies, created cash

dashboard, and implemented company-wide system of checks and balances.

Developed strong financial/operational reporting metrics and risk

management processes.

. Guided transformation of sales and marketing organization from strictly

outside sales to an inside-outside sales teaming model to better

penetrate accounts and generate increased sales. Worked with newly hired

Marketing Manager in steering effective sales/marketing initiatives.

. Part of Senior Leadership Team that built new division, FireHouse

Learning, in 2009. Instrumental in developing business model, marketing

plans, lines of credit, insurances, and articles of incorporation.

Established finance/accounting infrastructure.

SENIOR COST ACCOUNTANT, Imperial Nurseries, Inc. ( Granby, CT 2007-2009

Provider of landscape nursery plants to wholesale and landscape businesses;

division of publicly traded Griffin Land.

Hired into newly created position, directly supporting Controller in

managing finance and accounting for this top-ranking commercial nursery.

Oversight included labor-distribution audits, forecasting, budgeting,

financial reporting, and inventory-cost and overhead analysis. Touched

multiple aspects of the business and tightened controls for better

reporting.

. Accountable for inventory totaling $35M+ in revenue and managed complex

financial reporting for hundreds of cost centers to facilitate P&L and

tax packaging. Managed inventory cost from inception to sales to ensure

desired profitability.

. Improved financial reporting and internal accounting by implementing key

processes and tightening fiscal controls, including raw material

processes and cycles. Developed more comprehensive month-end closing for

optimal executive decision making.

PRACTICE MANAGER / RECRUITER, Robert Half International, Inc. ( Hartford,

CT 2006-2007

HR consulting firm and the world's first and largest accounting and finance

staffing firm with 400+ locations worldwide.

Developed Professional Services Division with new client model. Planned and

executed infrastructure, including contracting, salary negotiations, and

deal structuring. Company later reassessed unit's long-term viability.

. Built Professional Services Division and recruited practice accountants

and finance professionals.

. Drove new business development by cultivating relationships with CFO's

and controllers across multiple industry sectors. Developed targeted

support solutions, assessing client needs and matching staff resources.

CONTROLLER / TREASURER, Action Carpet & Floor Covering, Inc. ( Granby, CT

1995-2006

Start-up retail provider of professional flooring installation; 3 locations

in CT.

Joined start-up venture as equity managing partner to provide financial

leadership with full oversight of all accounting, budgeting, financial

planning and analysis, revenues/expenses, credit/collections, tax planning,

HR, and related services. Accelerated growth and expansion from 1 to 3

locations to achieve projected business plan. Negotiated credit lines,

developed accounting policies, and automated functions. Built and led

accounting team.

. Positioned company for success, driving double digit growth and

profitability along with business expansion. Increased annual sales

revenue from $450K to $2M+ over tenure.

. Improved accounting/financial functions and implemented Peachtree

Accounting/QuickBooks. Directed all functions with full P&L, including

financial analysis and reporting, cash management, GL, A/P, A/R, tax

reporting, budgeting, forecasting, internal/external auditing, and

payroll processing.

. Drove long-term growth, cost savings, profitability, and productivity

through strategic and operational leadership, including developing and

delivering business expansion model, which led to the acquisition of

former competitor location in Simsbury.

. Coordinated the opening of 2 new retail locations. Negotiated vendor

terms and lease for new Simsbury store; operations contributed $400K

annually to the bottom line.

. Ensured stability and growth by further defining operating drivers of

company's key financial metrics, setting appropriate targets, and driving

goal achievement.

MANAGER, REVENUE ACCOUNTING, ESPN, Inc. ( Bristol, CT 1987-1995

US-based global cable and satellite television provider owned by The Walt

Disney Company.

Recruited as Senior Revenue Analyst and quickly promoted to Revenue

Accounting Manager, serving as key partner to executive management team and

playing pivotal role in the launch of ESPN2. Supported affiliate revenue

growth from $120M to $400M. Provided business operations input, reviewing

cable operator contracts up to $36M.

. Contributed to strategic planning and established new systems/controls to

support launch of ESPN2.

. Reduced DSO 25%. Achieved 60% reduction in past due accounts.

. Introduced an enhanced monthly closing package for distribution to senior

leadership team. Accountable for providing management with month-end

closing analysis and quarterly forecasting data enabling accurate

strategic planning and business management.

. Recruited, hired, and trained staff of revenue analysts and financial

specialists. Supervised staff of 10.

EDUCATION & AFFILIATIONS

MBA, Finance, University of Hartford, West Hartford, CT

BS, Accounting, Central Connecticut State University, New Britain, CT

Software: Microsoft Office Suite (Excel, Word, PowerPoint, Access,

Outlook), QuickBooks, Avionte, Peachtree

Coach, Granby Little League (10 years) . Coach, Granby Travel Basketball (5

years) . Former Mentor, Big Brothers Big Sisters (1 year) . East Hartland

Volunteer Firefighter (18 years) Treasurer (2 years) . Financial Executives

International (1 year) . Granby Chamber of Commerce (10 years)

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