Finance Team Financial Consultant

WILLIAM N. DECORSO

Home 732-***-****

** ******* **** **** 908-***-****

Wall, NJ 07719 ad6kuh@r.postjobfree.com

SUMMARY

Results oriented Controller with strong operational business sense. Over twenty-nine years of diversified experience in different business sectors. Twelve years experience in the wholesale industry with Liz Claiborne. Eight years in distribution, seven in the service industry, two years in the telecommunication industry and manufacturing. Broad range of accounting and financial experience and acknowledged for enhancing bottom line and long-range organization goals through cost savings, planning and budgeting.

PROFESSIONAL EXPERIENCE

Agilix Solutions – St. Louis, MO 2022-2023

Agilix Solutions is a family owned distributor of automation, electrical, datacom, power transmission, safety and industrial products with 13 locations across Missouri, Illinois, Kansas, Arkansas, Tennessee and Mississippi.

Financial Consultant

Worked for Agilix for an assignment with Robert Half for 1.5 years

Helped integrate the merger with French Gerleman and IAC Supply Solutions

Worked with the Finance team to design a plan for smooth monthly closings

Worked with payroll department to design reports to upload into Infor SXE system

Managed Fixed Assets for loading into the BNA system

Worked on the Borrowing Base Certificate for Inventory and Receivables

Handled all the Prepaid Accounts and designed reports for the monthly journal entries

Worked on various AD HOC reports for the CFO and for the Board Meetings

Worked up and booked various journal entries for the monthly close

Wieland Kessler – Woodbridge, NJ 2016- 2021

Wieland Kessler is a wholesale plumbing supplier that has served the tubing, pipe and PVF needs of plumbing and heating wholesalers, HVAC wholesalers, industrial supply houses, waterworks supplies and OEMs for more than 80 years. Formerly Kessler Sales & Distribution is now Wieland-Kessler due to the recent integrated joint venture with Wieland Copper Products – part of Wieland-Werke AG in Germany, a leading manufacturer of copper and copper alloy products.

Controller

Part of the finance team that worked on the due diligence for the joint venture

Managed a professional staff of 6

Part of the management team

Implemented cost savings plans

Consolidated 8 locations and report to Germany in their FCRS system

Constant communication with sales force regarding margins, (Margin Business)

Prepared monthly JE, Financial Statements and various AD HOC reports

Lead for the annual audits

INNOCOR, Formerly Sleep Innovations Inc. – West Long Branch, NJ 2014 - 2016

Sleep Innovations is a leading designer, manufacturer and marketer of memory foam products, including pillows, mattress toppers and mattresses owned by the private equity firm Sun Capital. March 2014 Sleep Innovations Acquired Flexible Foam Products.

Financial Consultant

compared to budget and prior years

Coordinator/Liaison for the 2015 budget deck

Coordinated Balance Sheet reviews with departments heads to justify account balances

Calculated Inventory capitalization accounts

Various Ad Hoc projects Part of the Finance team that integrated the two entities. Sleep Innovations - 11 plants, Flexible – 13 plants

Prepared Pro-Forma 1ST Quarter 2014 financials for acquired company for comparison purposes

Tackled Accounts Payable to have all expenses on one general ledger system and identified synergies between vendors

Forecasted monthly P & L’s based on run rates and added overlays separately to track progress

Weekly analysis of P & L accounts to catch any irregularities

Prepared monthly bridges

CMF Associates, LLC – Philadelphia, PA 2013 - 2014

CMF is a management and financial service advisory firm, with a particular specialty in the provision of temporary and interim financial and operational consulting.

Assignment was with a major skin care company with concentration on inventory management. The main focus was to work with site locations to streamline production and movement of inventory reporting to the company. I designed reports for the sites to use so the company can easily trace assemblies to their Great Plains system. Updated the policy and procedure inventory documentation and reviewed it with the production and marketing staff to make sure all the paperwork was flowing correctly and on a timely basis.

Nina McLemore, Inc. – New York, NY 2010 to 2012

Nina sells high end luxury goods which include jackets, pants, skirts and shirts. With a unique business model she caters to direct customers as well as retail and pop-up stores.

Controller– Interim

Tackled and streamlined monthly closings to be more efficient using Excel functions.

Kept a close watch on daily bookings, available inventory, open orders, open pick tickets, and allocations to make sure everything available to ship is processed to ship

Implemented showroom inventory procedure to identify goods that are available

File sales tax returns for 21 states

Working on getting a procedure to identify inventory across the US

Handled all the recruiting for the finance and customer service departments successfully filling positions without effecting the business

Working to implement actual costing for monthly closing vs. our standard costing

Work closely with outside auditors to streamline the audit process to cut cost

Dolco Packaging

A Tekni-Plex Company – Somerville, NJ 2007 to 2009

Dolco Packaging manufactures and sells polystyrene foam egg cartons, meat trays and similar products for perishable foods.

Group Controller

Responsible for eight locations across the country.

Ensure all company financial accounting policies are in accordance with generally accepted accounting practices (GAAP).

Review all plants financial reporting and analysis and assist with studies that influence future decisions making (productivity, capital investment proposals, plant sales pricing, and new product costing) to provide key feedback to operations and corporate senior management.

Monitor capital expenditures, considering project cost, financing cost, cash flow and return on investment.

Review scheduling activities to ensure inventory targets and customer orders are met.

Establish monthly Standard Cost for resin.

Revalue a $20m inventory monthly, based on resin prices.

Part of the Leadership Team that ran the $230m business.

Previous Experience

UMS Group Inc. 2006 to 2007

UMS Group is a global Consulting firm specializing in the Utility sector helping companies in Asset Management, Performance Management and Regulatory. I was hired to get the company ready for sale.

The Global Consulting Group – New York, NY

A Huntsworth Company 2002 to 2006

The Global Consulting Group is an operational company for a London Stock Exchange listed company that is a leading International investor relations, corporate communication and public affairs consultancy firm.

GOLIN HARRIS INTERNATIONAL – New York, NY 2000 to 2002

(Public Relations firm that specializes in Financial, Corporate and Marketing Communications)

STRATEGIC PRODUCTS & SERVICES – Cedar Knolls, NJ 1998 to 2000

(Lucent Technology dealership servicing and selling telephone systems)

OXFORD RESEARCH INTERNATIONAL CORP. – Clifton, NJ 1997 to 1998

(Contract research organization specializing in phase three clinical studies)

LIZ CLAIBORNE, INC. - North Bergen, NJ 1984 to 1997

(Clothing retailer and wholesaler)

EDUCATION

SAINT PETER’S UNIVERSITY - JERSEY CITY, NJ

Bachelor of Science - Accounting - 1984

Continuing education courses from various Universities.

COMPUTER SKILLS:

J.D. Edwards General Ledger Package AS 400, AccPac, Lotus, Microsoft Word, Excel, Freelance Graphics, Harvard Graphics, Navision, Adware, Skynet Quick Books, Big Time, Hyperion and ARIA, FCRS Package, Teams, One Note, Infor SXE, QAD

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