M H

M H Email and Phone Number

CFO - Liquidxs.com @ LiquidXS.com
united states
M H's Location
New York, New York, United States, United States
About M H

M H is a CFO - Liquidxs.com at LiquidXS.com.

M H's Current Company Details
LiquidXS.com

Liquidxs.Com

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CFO - Liquidxs.com
united states
Employees:
1
M H Work Experience Details
  • Liquidxs.Com
    Chief Financial Officer
    Liquidxs.Com Jul 2002 - Present
    Recruited to build Finance, HR, IT, and Internal Controls for a $8mm Inventory Liquidation Company that was 2 years post start-up, that has since grown to $46mm in annual sales and 2 divisions.Responsible for Accounting, Financial Analysis & Reporting, Billing & Collection, Investor & Board Relations, Strategic Planning, M&A Analysis, Legal, IT, HR, and Regulatory Reporting.
  • Lifeline Shelter Systems, Inc.
    Vp Controller
    Lifeline Shelter Systems, Inc. Oct 1999 - Jul 2002
    Recruited as Controller, tasked to turn around a stagnating company losing $500m on $4.0mm in sales per year.Responsible for Operations and Finance functions, including Financial Analysis & Reporting, Product Costing and Pricing, Investor & Board Relations, Customer Service, Strategic Planning, M&A Analysis, IT, HR, Purchasing, and Regulatory Reporting for a $22mm, privately held, medical and specialty-use vehicle manufacturer.Specific Accomplishments: Led changes in finance, operations, purchasing, and sales which reversed the annual operating profit loss trend, resulting in 2002 profits of $1,185m on $15.8mm in sales, $1,776 on $22.1mm in sales in 2003, and projected $3,102 on $34.3mm in sales in 2004.Completed a "reverse IPO", taking the company private after a prior unsuccessful IPO. Negotiated final settlements on claims with the bankruptcy trustee for Dublin Securities and more than 3,000 small shareholders for less than 20% of amount sought. Act as primary interface between Investors, Board Members, and Management.Negotiated the first line of credit in the company's history in April 2000.Negotiated the purchase and financing of a $2.2mm, 100,000-sq. ft. manufacturing facility through an Industrial Development Revenue Bond issue, as well as a combined Line of Credit of $1.25mm with Bank One
  • Mueller Co., Inc
    Controller
    Mueller Co., Inc Dec 1997 - Oct 1999
    Responsible for Finance & Administration, including 10-k/10-q, Financial Statement Preparation, Strategic & Financial Planning, MIS, Purchasing, Regulatory Reporting, and Division ERP implementation (JD Edwards) for a $350mm multi-location manufacturing & foundry division of a publicly traded corporation.Specific Accomplishments: Implemented controls bringing department into ISO compliance and resulting in the first "Clean" audit in 2 years, as well as reducing the closing process to 2 days. Reduced Workers' Compensation costs by 20% through aggressive management of the process and a monthly review process involving all senior managers.
  • Monon Corporation
    Assistant Controller
    Monon Corporation Mar 1995 - Dec 1997
    Responsible for all Finance, MIS HR, Safety & Environmental, OSHA & IDEM issues for a $310mm truck-trailer manufacturer. Leader of the MAPICS XA ERP Implementation Team Specific Accomplishments: Negotiated reduction of $2mm in OSHA fines to $800m in remedial improvements. Saved $150m per year through Sec. 29 Alternative Energy Tax Credit. Renegotiated Bank Line Interest by 1%, tied to financial performance. Reduced loan balance by 20% ($6,000,000) through aggressive cash management. Attacked workers' compensation, absenteeism, & unemployment claims, achieving a total savings of $1.5mm.
  • Niemand Industries
    Division Controller
    Niemand Industries Feb 1992 - Feb 1995
    Manage and direct the Finance, HR, Purchasing, and MIS functions of a $24mm packaging company. Member of the Executive, Strategic Planning and Plant Consolidation teams responsible for consolidating two plants into one facility.Reduced inventories, scrap, overhead, direct labor, and waste by working with engineering to restructure Bills Of Material & Routings (Annual Savings: $78m). Instituted audit programs for freight, telecom, and property tax expenses, annual savings: $115m. Implemented various process improvements, ann. savings: $125m.
  • Sara Lee (Sld Division)
    Manager - Inventory Planning
    Sara Lee (Sld Division) Sep 1990 - Feb 1992
    Established and maintained procedures, STD cost files, and physical inventory for all distribution centers and retail locations of a $300mm Retail & Distribution Co. Helped redesign Champion Products Closeout Operations, increasing order fill rate from 52% to 98.4%, reducing past due accounts from 47% to 2%, and reducing Physical Inventory Variance to less than 1%.
  • Sara Lee (Coach Leatherware Division)[
    Senior Financial Analyst
    Sara Lee (Coach Leatherware Division)[ Sep 1987 - Sep 1990
    Developed annual and quarterly operating and capital budgets, and handled financial reporting (including Divisional 10-k/10-q) for a $250mm Leather Goods Manufacturer and Store, Catalog, and Wholesale Sales operation.Member of the International Ventures Team, which opened stores in UK, Germany, & Japan. Revised and developed new Wholesale Co-Op Sales Program.

M H Education Details

Frequently Asked Questions about M H

What company does M H work for?

M H works for Liquidxs.com

What is M H's role at the current company?

M H's current role is CFO - Liquidxs.com.

What schools did M H attend?

M H attended Hunter College.

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