David Dermer

David Dermer Email and Phone Number

Owner and CEO and CFO @ Funky Junque
Northbrook, IL, US
David Dermer's Location
Northbrook, Illinois, United States, United States
About David Dermer

David Dermer is an owner of Funky Junque, one of the top fashion accessory brands on Amazon.

David Dermer's Current Company Details
Funky Junque

Funky Junque

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Owner and CEO and CFO
Northbrook, IL, US
Website:
funky-junque.com
Employees:
18
David Dermer Work Experience Details
  • Funky Junque
    Owner And Ceo And Cfo
    Funky Junque
    Northbrook, Il, Us
  • Funky Junque
    Owner/Ceo/Cfo
    Funky Junque Jan 2004 - Present
    Northbrook, Illinois, Us
    • Created and developed an Amazon 3rd party women's fashion accessories brand and seller. Sales have grown in an 11-year period to 8 digits.• Have been the main driver of marketing fashion products that has resulted in 25 products peaking at the #1 ranking in their respective Amazon product category. Many products show up higher on Amazon search over Fortune 500 well-known brands in our space like Nike, Adidas, and Champion..• Trained and developed staff who possessed no e-commerce experience that supports a large online sales and inventory business.www.amazon.com/funkyjunque
  • Visiontek
    Controller
    Visiontek 1991 - 2001
    Broomfield, Co, Us
    • Primarily responsible for managing the accounting and finance functions. Overall supervision of the financial reporting process; developed departmental and divisional (OEM, reseller, broker) financial statements delivering a standardized monthly reporting package including a detailed budget analysis. Quarterly meetings were held with department and divisional heads that were held accountable for failing to meet their budgetary goals.• Over a three year period re-negotiated a $10,000,000 line of credit at prime plus 1.5% with personal guarantees into a $30,000,000 line at prime minus .5%, without personal guarantees.• All available cash was invested nightly through a sweep account that netted the company over $26,000. • Significantly contributed to a cost cutting team that decreased selling, general and administrative expense by .8%, resulting in an annualized savings of $1,800,000.• Increased accounting, billing, accounts payable and inventory control productivity by streamlining existing processes; reducing the number of days required to close any given financial period from 35 to ten days. • Other senior management tasks included; quarterly presentation of financial results to the Board of Directors, coordination of all capital expenditures, and recommendations for new company initiatives. Maintained all insurance, financial/banking, and auditor relationships (federal, state and public accounting).• Managed independently a highly profitable $11,000,000 import program for company’s largest customer. • Decreased company bad debt ratio from 2.7% to 1.2% by implementing detailed credit analysis procedures, equitable credit terms and limits, consistent collection techniques, and procedures to minimize customer chargebacks.
  • Carousel Industries
    Controller
    Carousel Industries 1986 - 1991
    Exeter, Rhode Island, Us
    • Managed Gumball Machine company’s 3 person finance department staff.• Independently handled importing of machines from Taiwan, Hong Kong, and Denmark.• Coordinated E.D.I. (Electronic Data Interchange) programs with national retailers. This provided the company a technological edge and an annual savings of $25,000.
  • Friedman & Masur, Ltd.
    Manager
    Friedman & Masur, Ltd. 1983 - 1986
    • Prepared financial closing and tax returns for small businesses.• Completed tax returns for owners of business.
  • Bl Rosenberg
    Supervisor
    Bl Rosenberg 1980 - 1983
    • Prepared financial closing and tax returns for small businesses, primarily in real estate.• Completed tax returns for owners of business.
  • Laventhol & Horwath
    Senior Accountant
    Laventhol & Horwath 1977 - 1980
    • Performed audits and reviews on large and mid-sized businesses.• Completed tax returns for owners of business.

David Dermer Skills

Retail Accounting Marketing Customer Service Sales Budgets Social Media Marketing Financial Reporting Fashion Small Business Financial Statements Financial Analysis Invoicing Collections Inventory Control Incentive Programs Import Export Quickbooks Credit

David Dermer Education Details

  • Southern Illinois University, Carbondale
    Southern Illinois University, Carbondale
    Accounting
  • Niles West High School
    Niles West High School

Frequently Asked Questions about David Dermer

What company does David Dermer work for?

David Dermer works for Funky Junque

What is David Dermer's role at the current company?

David Dermer's current role is Owner and CEO and CFO.

What is David Dermer's email address?

David Dermer's email address is dd****@****hrr.com

What is David Dermer's direct phone number?

David Dermer's direct phone number is +184787*****

What schools did David Dermer attend?

David Dermer attended Southern Illinois University, Carbondale, Niles West High School.

What skills is David Dermer known for?

David Dermer has skills like Retail, Accounting, Marketing, Customer Service, Sales, Budgets, Social Media Marketing, Financial Reporting, Fashion, Small Business, Financial Statements, Financial Analysis.

Who are David Dermer's colleagues?

David Dermer's colleagues are Erin Grupp, Amanda Dermer, Luke Schierholz, Lauren Wolff, Jordan Simberg, Molli Hertzberg.

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