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					                                 Bobby Govilla, CPA
                       51 Gatheringhill Court, Morris Plains, NJ 07950
            Cell: 973-216-1897 Home: 973-810-2119 Email: bgovilla@gmail.com


Performance-driven and team-oriented dynamic executive with over 15 years of extensive
experience in finance, administration, public accounting in diverse industries including
e-commerce, retail/wholesale distribution and management services. Proven ability to improve
operations, impact business growth and maximize profit through streamlining accounting
department including reporting, cost reductions and internal controls. Areas of expertise
include:
Strategy Planning & Organizational Leadership     Growth & Expansion Strategies
Budget & Cost Reduction                           Supply Chain Management
Accounting & Financial Operations                 Contract Negotiation & Strategic Alliances
Profitability & Cost Analysis                     Team Building & Performance Improvement


                               PROFESSIONAL EXPERIENCE

WEBNOTIONS INC                                                             2006 – CURRENT
CHIEF FINANCIAL OFFICER
-An E-commerce Company selling on 22 platforms worldwide.

Directed operations and finance functions of $30 million business in U.S, Canada, U.K,
Germany, France and India including cash management, financial and tax reporting, banking
relationship, credit and collection, employee benefits and administration.
      Grew revenue 87% from $16 to $30 million and increased annual unit sales from
       659,000 to 1.52 million by developing strategies that instituted business growth
       domestically and internationally.
      Turned around wholesale business from physical inventory model to virtual model,
       saved over $1.4 million in working capital in its first year.
      Raised $2 million in marketing terms to establish branding for subsidiary.
      Managed vendor’s relationship which resulted in an additional credit availability of $6
       million and savings of over $2.3 million.
      Focused on automation, which improved customer ratings from 86% to 91%.
      Successfully identified and resolved operational issues resulting in 22% savings, faster
       shipments, positive feedback and increased customer satisfaction.
      Accelerated the extensive use of credit cards, which reduced travel expenses by 42%.
      Directed company in a restructuring plan that reduced burn rate by 47%.

U S DREAM INC & UNIVERSAL DISTRIBUTION LLC                                      2001 – 2006
FINANCIAL CONTROLLER
Retail and Distribution business with annual revenue of $72 million

Responsible for overall supervision of financial operations including monthly financial
reporting, sales and use tax audits, payroll tax audits and business trend analysis.
      Launched computerized and standardized accounting system for 70 stores and 2 major
       warehouses 3 months before targeted deadline that reduced filing time, enabled
       consolidated financial, significantly improved reporting on various key elements.
      Reconstructed A/P system from a centralized statement based payment system to a
       decentralized field invoice checking and entry system, saving $2.8 million in vendor
       discrepancies.
      Established centralized procurement system achieving savings of $2.2 million.
      Deployed innovative sales strategies that increased revenue by 36%.
      Reduced DSO 46% freeing up cash flow of $1.6 million.
      Secured $3.2 million in debt financing for company’s growth.
      Instituted new inventory controls, processes, procedures and developed excess
       inventory reporting system that reduced overall inventory by $1.8 million.
                                                                                       Page Two




                                  Bobby Govilla, CPA
                       51 Gatheringhill Court, Morris Plains, NJ 07950
            Cell: 973-216-1897 Home: 973-810-2119 Email: bgovilla@gmail.com


       Negotiated various lines of credit and term loans while reducing covenants and
        shareholders personal guarantee and obtained more favorable terms at reduced rates.
       Reviewed business and workman compensation policies, identified missing key
        elements and consolidated coverage that simplified internal administration and
        reduced hard costs by 19% annually.
       Instrumental in selling 3 strategic dollar store locations to Dollar Tree with 110% ROI

COMMUNICATIONS NETWORK ENHANCEMENTS INC                                           1995 – 2001
CONTROLLER (1998-2001)
ACCOUNTING MANAGER (1996-1998)
ACCOUNTANT (1995-1996)

Largest teleconferencing company on east coast with $12 million in revenue
Managed accounting department including budget preparation, performed monthly analysis
and business-trend, monitored monthly closing, established standards and internal controls,
evaluated vendor proposal and handled yearly audits. Supervised and supported a staff of 12.
       Directly reported to and partnered with CEO and efficiently ran both domestic and
        European operations.
       Implemented an annual budget for domestic and European subsidiary that supported
        the 3-year plan.
       Spearheaded implementation of an automated billing system which brought DSO down
        by 37% freeing up cash flow of $800k.
       Reduced closing cycle from 18 days to 10 by implementing controls for A/P, A/R,
        Payroll and General Ledger, which also ensured accuracy, consistency and quality of
        internal reporting as per GAAP.
       Developed RFQ for long distance carriers saving over $1 million annually.
       Led complete overhaul of employee 401(k) plan, which improved participation and
        investments results and transitioned the plan to be ERISA compliant.

STERLING, NAPPEN, CHAVKIN & CO CPA’S                                               1994 -1995
SENIOR ACCOUNTANT

Prepared financial statements, performed review and audits. Handled collateral audits for
major financial institutions to assist them in evaluating the credit facility extended to current
and /or potential debtors. Prepared and reviewed individual, partnership and corporate tax
returns.
                                       TECHNICAL SKILLS
    *MAS 90, 200, 500                *Proficient in Microsoft Excel and Word   *Crystal Reports
    *Lacerte and Prosystem           *QuickBooks and Peachtree

                    EDUCATION AND PROFESSIONAL AFFILIATIONS
Certified Public Accountant - 1996
Chartered Accountant in India - 1990
Masters in Business Administration – Finance, University of Meerut, Meerut, India 1988-90
Bachelor Degree – Accounting, University of Meerut, Meerut, India 1986-1988
Professional Associations:
     -    Member – American Institute of Certified Public Accountants     (AICPA)
      -   Member – New Jersey Society of Certified Public Accountants     (NJSCPA)
      -   Fellow Member - The Institute of Chartered Accountants of India (ICAI)

				
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