Daniel Tuzzio

Daniel Tuzzio Email and Phone Number

CFO/COO at Merchant Financial Group @ Merchant Financial Group
Daniel Tuzzio's Location
Tuckahoe, New York, United States, United States
Daniel Tuzzio's Contact Details
About Daniel Tuzzio

Looking upon my professional life, I realize that the more knowledge I acquire, the more I would like to learn. Continuous learning and improvement has been a personal mission of mine through my tenure as Chief Financial Officer at Joan Rivers Worldwide Enterprises. I remain humbled to have met and exceeded the demands of Joan, while maintaining a corporate culture of which I know she would be proud.Key to my career, I have provided advisory and consultation to every arm of an organization while maintaining my focus on the finances. My responsibilities include making sure that long- and short-term plans for business development, solvency, and profitability are established. My objective is to provide teams with the best tools and strategies to realize consistent excellence and accomplish set goals.It has never been enough for me to be outstanding in a senior finance role --though of course, maintaining transparent, efficient, and collaborative financial operations comes first. My curiosity, energy, and commitment to the organizations I have worked for has led to an understanding of what brings together high-performing administrations, operations, and IT Departments. As a result, I improved the administration of the Human Resources Department, facilitated effective IT support for the organization, and cleared channels of inter-department communications. Gaining expansive knowledge of mid-sized and large corporations, I have enhanced my competencies in my primary role as a senior-level financial expert, and optimized processes involving cash flow, AP/AR, payroll, financial statements, treasury and tax management and internal/external auditing. With Joan’s memory, I carry her lessons of bringing hard work, passion for your profession, and faith in everything you do into the next phase of my career. I am forever grateful to her and all those I have met along the way who have inspired me to achieve excellence. Always learning, always improving.

Daniel Tuzzio's Current Company Details
Merchant Financial Group

Merchant Financial Group

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CFO/COO at Merchant Financial Group
Daniel Tuzzio Work Experience Details
  • Merchant Financial Group
    Evp & Cfo/Coo At Merchant Financial Group
    Merchant Financial Group Feb 2018 - Present
    New York, New York, Us
  • Joan Rivers Worldwide
    Chief Financial Officer
    Joan Rivers Worldwide Jan 2011 - Feb 2018
    Us
    For this provider of wholesale brand fashion jewelry, apparel, and beauty products, I focus on optimizing the finance team, supervising 4 direct reports, and supporting the excellence of business operations including Financial Planning & Analysis, Human Resources, and IT. Engaging in the additional role of Human Resources Manager, I implement hiring practice protocols, revise the employee manual, develop compensation packages, create job ads, and oversee candidate screenings and staff evaluations. Managing IT as a liaison to the IT consultant, I ensure that we have ongoing functionality of hardware/software through implementations, integrations, and troubleshooting.My achievements here include: • Expansion of monthly cash flow by $250K by renegotiating the payment schedule with product vendors.• Capping high selling/general/administrative expenses by running data for every expense, categorizing and prioritizing expenses, identifying negotiable expenses, and eliminating or reducing the cost of items identified.• Saving $1.3M in administrative and operational spending through the establishment of new procedures for analytics and internal control.
  • Oris Usa, Inc
    Chief Financial Officer
    Oris Usa, Inc Dec 2007 - Dec 2010
    Providing critical leadership for a $20M wholesale importer of multi-brand Swiss mechanical and Spanish quartz watches, as well as sterling silver jewelry, my duties had significant reach. While providing financial planning and oversight, I supported the operational performance of an organization with 3 companies, 2 physical locations, 1 online location, and 5 sets of financial books. Key to the assignment, I effectively oversaw operating/capital budgeting, cash management, payroll, and internal controls, as well as general administration, human resources, and IT.Select accomplishments include:• Creation and commencement of a business plan for the acquisition of $5M watch brand Festina USA with 0 additional increases to operational overhead, resulting in a revenue increase of $2M.• Successful passage through the recession of 2008 through the structure of a transaction, lead of negotiations, and provision of due diligence for the profitable sale of the sterling silver division for $4.5M. • Savings of $2.5M through the consolidation of departments, elimination of redundant staff duties among companies in areas including purchasing, billing, inventory, and shipping, improvements in staff training programs, staff promotions, revision of staff duties according to strengths, release of underperforming staff, and improved internal communications. • Boost in cash flow by $400K through the renegotiation of a loan agreement, as well as a reduction in the percentage lost off goods marked at a reduced price sold in retail stores.
  • Mw Samara, Inc
    Vice President Of Operations
    Mw Samara, Inc 2005 - 2007
    Us
    In my first of two promotions with the organization, I orchestrated planning and P&L of business operations with the emphasis on purchasing, billing, and warehouse/inventory management. Significant to my role and key to my professional development, I supervised 7 Managers and a staff of 75 in Logistics, Warehousing/Inventory, Customer Service, and Billing, and controlled a budget of $10M. While maintaining operational efficiency and effectiveness, I also focused on delivering an outstanding rate of customer satisfaction. Some of my highest achievements include: • Lowering of average inventory from $3.2M to $1.8M through the deployment of a strategic plan for inventory management.• Attainment of a 50% reduction of overtime, 10% increase in fulfillment rates, and 35% staff decrease in administration and warehouse through the reorganization of the Warehouse Department.• Savings of $300K during the U.S. economic crisis of 2007 through strategic staff reductions, reorganization of staff duties, renegotiation of vendor payment plans, and liquidation of excess inventory.
  • Mw Samara & Affiliates
    Controller
    Mw Samara & Affiliates 2000 - 2005
    With an emphasis on finance, I oversaw cost and general accounting functions to include creation of the annual budget, preparation of financial statements, and assistance of the Chief Financial Officer with forecasting. A key aspect of this assignment also included the supervision of an A/P Clerk, A/R Managers, a Cash Application Specialist, a Junior Accountant, and a Payroll Specialist.A few examples of how I made impact include: • Creation of reconciliation systems for a $3M factor loan account, inventory, and bank and vendor accounts, and uncovering of $75K in errors from duplicated payments.• Savings of $125K while securing assets from the possibility of theft or errors through the separation of staff duties regarding cash.

Daniel Tuzzio Skills

Retail Accounting Financial Reporting Sec Filings Financial Analysis Payroll General Ledger Finance Accounts Receivable Marketing Auditing Account Reconciliation Microsoft Office Tax Managerial Finance Forecasting Budgets Sales Financial Modeling Financial Planning And Analysis Financial Control Budget Control P&l Reporting Human Resources Administration Goal Setting Performance Management Project Management Change Management Process Improvement Streamlining Continuous Improvement Advisory And Consultation Vendor Management Decision Making Problem Solving Corporate And Team Leadership Business Development Internal Controls Gaap Fiscal Oversight Asset Protection Due Diligence Risk Management Investment And Divestiture Revenue Savings Contract Management Compliance Ethics And Policy Enforcement Talent Recruitment And Retention Rightsizing Benchmarking Communications Negotiations Consensus Building Relationship Management Budget Cash Flow Forecasting

Daniel Tuzzio Education Details

  • University Of Mount Saint Vincent
    University Of Mount Saint Vincent
    Accounting

Frequently Asked Questions about Daniel Tuzzio

What company does Daniel Tuzzio work for?

Daniel Tuzzio works for Merchant Financial Group

What is Daniel Tuzzio's role at the current company?

Daniel Tuzzio's current role is CFO/COO at Merchant Financial Group.

What is Daniel Tuzzio's email address?

Daniel Tuzzio's email address is dt****@****ors.com

What is Daniel Tuzzio's direct phone number?

Daniel Tuzzio's direct phone number is +121275*****

What schools did Daniel Tuzzio attend?

Daniel Tuzzio attended University Of Mount Saint Vincent.

What are some of Daniel Tuzzio's interests?

Daniel Tuzzio has interest in Nutrition/fitness, Foreign Languages, Economics, Travel, Wine.

What skills is Daniel Tuzzio known for?

Daniel Tuzzio has skills like Retail, Accounting, Financial Reporting, Sec Filings, Financial Analysis, Payroll, General Ledger, Finance, Accounts Receivable, Marketing, Auditing, Account Reconciliation.

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