Charles E. Blue Sr. Email & Phone Number

Jackson, Nj

REGULATORY COMPLIANCE | POLICIES & PROCEDURES | CONTRACT NEGOTIATIONS FINANCIAL STRATEGIES | CHANGE MANAGEMENT | RISK MANAGEMENT | BUDGETING• Mitigated weekly average un-posted payments from ($200M to $5M), thus improving cash availability for operations, while supporting the Board of Directors with implementation of strategic plans• Reduced average days to process payment from entry-to-posting by (46) days, thus significantly improving revenue reporting and collection efforts, while executing new corporate-wide model policies • Oversee the accounts receivable department, ensuring standardization and compliance with established policies & procedures, regulations of applicable regulatory agencies, and company standards• Won 2017 Certificate of Achievement for dedicated efforts and innovation in achieving finance department goals• Aid small & medium-sized business clients with researching and acquiring grants via private, state, and federal sources• Negotiate and review business contracts and financial models, focusing on profitability and financial success, while assisting clients to increase asset value by (500%) without increasing debt• Increased earnings and controlled capital spending to elevate and maintain net worth ratios above (9%), while eliminating corrective action classification needs as well as tripling asset size during tenure• Resolve document of resolution items within (120) days of issuance, while establishing automated BSA/AML monitoring on an enterprise-wide basis, thus leading modeling and execution for all financial processes• Analyze complex regulations and policy documents that directly impact budgetary and financial matters, while establishing direct processing through the Federal Reserve Bank including ACH, Wire, and Check processing• Orchestrate executive- & board-level analysis reports, highlighting business issues, potential risks, and profit opportunities, while recommending innovative alternatives to generate revenue

Greater New York City Area

STRATEGIC PLANNING & ANALYSIS | BENCHMARK DEVELOPMENT | FORECASTING | BUDGETING PERFORMANCE MANAGEMENT | PROFIT OPTIMIZATION | BUSINESS IMPROVEMENTS• Attained a high-level of success by managing all strategic planning for a ($2Bn) national retailer, while addressing capital planning and management needs in partnership with the functional pyramid head• Facilitated development of external benchmarks, i.e. comparison of sales and expense trends versus industry, while developing and implementing a new 5-year strategic planning process with precision & accuracy• Partnered with the CFO to ensure division performance in alignment with corporate expectations at Macy’s, Inc. while achieving profits in excess of ($300M) in an efficient & effective manner• Directed monthly close process, divisional financial statement preparation, and reporting for operations with revenues in excess of ($2Bn), while soliciting business improvement ideas and an award system• Generated and implemented physical capital plans for new stores, resulting in approval and opening of (10) new locations within (3) years• Led budgeting, forecasting, and business planning processes, thus increasing productivity and effectiveness of the financial management team• Conducted problem analysis & resolution at a strategic and functional level, thus delivering increased margin

Weehawken, Nj

CORPORATE RESTRUCTURING | BUDGETING | FINANCIAL OPERATIONS MANAGEMENT SHAREHOLDER RELATIONSHIP MANAGEMENT | FORECASTING REPORTS | DUE DILIGENCE• Recognized for directing a corporate restructure across all subsidiaries, thus increasing corporate efficiencies and eliminating unprofitable non-core business units resulting in annualized savings of ($49M)• Renegotiated company’s lending base with a new ($82M) credit facility that redeemed ($24M) in public debt, thus eliminating a ($24M) standby L.C. and reducing overall interest costs by ($1.5M)• Drove overall financial operations of a ($600M) direct marketing catalog, retail & e-Commerce organization including all HR functions• Restructured the company’s senior secured credit facility & term loans, thus increasing the company’s liquidity position by ($29M), while negotiating subsidiary center sale, realizing a net gain of ($23M)• Completed recapitalization agreement with new majority shareholders, as well as issued new Series C Preferred Stock and retired the Series B Preferred Stock, thus reducing redemption liability by ($74M)• Accomplished due diligence activities of potential asset sales; sold Home Improvements operation for ($34M) – 10x EBITDA; and led the review and preparation of all SEC Filings 10Q’s, 10K’s & press releases• Restructured and centralized finance & accounting groups to facilitate support for core business units, while providing dual reporting to the company’s President & CEO and Board of Directors• Selected investment strategies by considering cash and liquidity risks, while preparing reliable current and forecasting reports, thus directing investor relations including quarterly investor conference calls• Built relations with senior management and external partners & stakeholders, while providing recommendations to the executive management team in support of organization decisions• Complied with laws & company policies while managing financial controllers and financial analysts

Greater New York City Area

CONSULTATION SERVICES | ACCOUNTING & HR PROGRAM MANAGEMENT• Acknowledged for delivering consulting services to a start-up consumer gift product e-Commerce organization via establishment of accounting & HR programs and initiatives in an optimal manner• Showcased business management acumen, while preparing business plans and capital sourcing

Secaucus, Nj

FINANCIAL PLANNING & ANALYSIS | FINANCIAL STATEMENTS | AUDIT & ASSURANCE FINANCIAL REPORTING | FORECASTING & BUDGETING | INVENTORY MANAGEMENT• Directed overall financial monitoring and analysis of a ($400M) direct marketing and e-Commerce company, while forecasting and analyzing processes in a startup direct marketing organization• Completed monthly close, consolidation, and financial statement preparation of (36) catalog titles, while partnering with external auditors to complete SEC filings (10Q & 10K) as a part of the quarterly close process• Designed and implemented the annual and 5 year planning process, as well as ongoing business monitors, financial reporting, and key indicator analyses• Hired, trained, and developed a staff of (6) financial analysts; as well as designed planning models used in the forecasting and budgeting process, while managing (36) brand titles and (12) e-Commerce sites• Organized corporate treasury functions, including daily cash review, investment funding, and control accounts funding, while fulfilling due diligence and perspectives in conjunction with the corporate IPO• Supported acquisition analysis, while participating in due diligence reviews of perspective acquisitions; as well as maintained ongoing circulation approval processes and inventory open to buys• Assisted in “road show” presentations with the investor community as well as drafted a financial review package for monthly Board of Directors meetings

East Brunswick, Nj

OPERATIONS MANAGEMENT | BUSINESS PLANNING | COST MANAGEMENT FORECASTING | REVENUE GROWTH & PROFITABILITY• Delivered operational excellence, while developing and implementing the annual business planning process which included coordinating efforts among (45) field offices and (50) centralized cost centers• Analyzed various segments of $2Bn in assets, $100M in revenue, and $50M in operating expenses• Acted as a financial liaison to the parent company, while generating short and long-range forecasts in conjunction with strategic planning initiatives