Jim Citro

Jim Citro Email and Phone Number

Chief Financial Officer | Controller | Treasurer | Vice President of Finance | Private Aviation | Board Member @ PlaneSense, Inc.
Jim Citro's Location
Greater Boston, United States, United States
Jim Citro's Contact Details

Jim Citro personal email

n/a
About Jim Citro

Partnering with CEOs and CFOs to manage all areas of Finance within their organization. For over 25 years, I have provided senior financial leadership in private service companies in Transportation, Travel and the Energy sector, with revenues ranging from $50 million to $14 billion. My business partnership acumen combined with my Finance and Administration skills provide key executives the ability to focus on Sales, Marketing and Business Development.I am extremely passionate about ensuring that all internal controls, policies and procedures are aligned with Company objectives and financial reporting. AREAS OF EXPERTISE:Treasury & Lending OperationsFinancial Planning & AnalysisProject LeadershipFinancial Systems ImplementationBusiness Operations and ControlsOperational SavingsCredit and Risk ManagementCONTACT INFORMATION:Jim CitroAJCitro@comcast.net508-380-1971

Jim Citro's Current Company Details
PlaneSense, Inc.

Planesense, Inc.

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Chief Financial Officer | Controller | Treasurer | Vice President of Finance | Private Aviation | Board Member
Jim Citro Work Experience Details
  • Planesense, Inc.
    Chief Financial Officer & Treasurer
    Planesense, Inc. Apr 2018 - Present
    Portsmouth, New Hampshire, Us
    The PlaneSense® fractional program was founded in 1996, with a strong belief that there was a smarter way to fly privately. The PlaneSense program offers aircraft share owners notable aviation experience combined with a proven commitment to safety, service, and excellence.
  • Gulf Oil Limited Partnership
    Vice President Of Finance, Risk And Systems
    Gulf Oil Limited Partnership Oct 2007 - Jan 2018
    Framingham, Massachusetts, Us
    Gulf Oil is a $14B wholesaler of energy products, including motor fuels, lubricants, LNG and electricity, with 2,500+ branded retail centers throughout the United States and Puerto Rico.▪ Led implementation and upgrade of business systems for the company and its Assured Dealers Division; monitored/enforced internal controls and policies. Elected Officer; served as Chair of the Risk Committee of the Board.▪ Partnered with Group CFO to complete $900MM refinancing/borrowing base line of credit.▪ Directed FP&A; developed/implemented company-wide budgeting templates and process improvements, reducing timeline from 13 weeks to six. ▪ Managed Operating cash flow schedules ensuring availability for $150MM cash outlay days. ▪ Instituted internal controls and monitored all transactional accounting and trading activities to ensure compliance with Company risk policy; published quarterly report to Board of Directors.▪ Directed implementation of Oracle E Business Suite, including AP, AR, Fixed Assets, Credit Cards, General Ledger, and Cash Management—completed project in eight months, within budget and without errors. ▪ Managed Credit department ($14B/year in collections), with only .00004 bad debt expense.
  • Massachusetts Bay Commuter Railroad Co, Llc
    Chief Financial Officer
    Massachusetts Bay Commuter Railroad Co, Llc Apr 2003 - Mar 2007
    MBCR is a partnership of three leading transportation companies (Veolia Transportation, Bombardier Transportation, and Alternate Concepts, Inc.), formed in 2003 to deliver Boston-area rail service; key metrics include: $230MM annual budget; 1700 employees; 14 unions; 465 trains; 140,000 passengers/day.▪ Served as Elected Officer, Board member, member of Finance Committee, Benefits Committee, and Health/Welfare Advisory Committee.▪ Led all finance, IT, and purchasing activities, with 65 staff. ▪ Developed company-wide Key Performance Indicators that improved departmental forecasting.▪ Led implementation of IT infrastructure and financial systems; achieved “go live” in four months. ▪ Initiated new vehicle leasing program that netted $3MM in free cash for future growth initiatives. ▪ Partnered with HR on RFP and transition to a new health care provider; saved $1.5MM per year. ▪ Partnered with Operations on RFP and transition to a new environmental services provider; generated savings of nearly $1MM per year.
  • World Travel Holdings
    Vp Of Finance And Hr - National Leisure Group, Inc
    World Travel Holdings Oct 1996 - Mar 2003
    Wakefield, Ma, Us
    National Leisure Group (acquired by World Travel Holdings in 2006) was a leading New England-based travel agency, with 900 employees, 26 retail locations, and four reservation centers in five states, producing $380MM of annual bookings.▪ Served as Elected Officer; led finance, HR, and facilities; managed staff of 32.▪ Partnered with new CEO in 1998 to set performance metrics and reduce operational inefficiencies; resulted in margin increase from 9% to 16% and profits doubling to $3MM. ▪ Restructured compensation/benefit plans, critical to reducing call center turnover from 41% to 28%.▪ Initiated new contracts with Web partners that saved $500K on site design in first year.
  • Avis Budget Group
    Controller; East Region - Budget Rent-A-Car System, Inc
    Avis Budget Group Sep 1992 - Nov 1996
    Parsippany, Nj, Us
    Budget Rent-A-Car System, Inc. was a $1.1B global automobile/truck rental company and is now a subsidiary of Avis Budget Group, Inc.▪ Directed accounting, reporting, budgeting, and collections for a $180MM operating unit with 45 retail sites from Maine to Georgia; four direct reports/40 total staff.▪ Managed consolidation of finance activity from 45 local sites into a regional shared services center, resulting in $1.2MM in annual savings and improved customer support.
  • Guilford Industries, Inc.
    Assistant Vice President | Finance & Controller
    Guilford Industries, Inc. 1989 - 1992
    Guilford Industries, Inc. was a $130MM regional truck/rail transportation business with over 300 employees.▪ Directed 46 people in accounting, strategic and corporate planning, and development of annual budget; coordinated all local, state, union and financial audits.▪ Converted $30MM Freight division from manual to automated GL in eight weeks.
  • Lily Transportation Corp
    Controller
    Lily Transportation Corp 1986 - 1988
    Needham, Ma, Us
    Lily Transportation Corporation was a $50M privately held truck leasing company providing over 4,000 vehicles to NE businesses. ▪ Developed operating budgets for 20 facilities; prepared financial statements, payroll, and property/sales tax returns; managed 15 staff.

Jim Citro Skills

Information Technology Financial Analysis Cost Management Forecasting Purchasing Treasury Financial Reporting Budgets Managerial Finance Finance Internal Controls Financial Modeling Strategic Financial Planning Auditing Accounting Management Internal Audit Cash Flow Cost Accounting Financial Audits Analysis Sarbanes Oxley Act Sec Filings Revenue Recognition Corporate Finance General Ledger Risk Management Consolidation Acquisition Integration Financial Planning Budgeting

Jim Citro Education Details

  • Babson College
    Babson College
    Accounting
  • Suffolk University
    Suffolk University
    Management

Frequently Asked Questions about Jim Citro

What company does Jim Citro work for?

Jim Citro works for Planesense, Inc.

What is Jim Citro's role at the current company?

Jim Citro's current role is Chief Financial Officer | Controller | Treasurer | Vice President of Finance | Private Aviation | Board Member.

What is Jim Citro's email address?

Jim Citro's email address is aj****@****ast.net

What schools did Jim Citro attend?

Jim Citro attended Babson College, Suffolk University.

What skills is Jim Citro known for?

Jim Citro has skills like Information Technology, Financial Analysis, Cost Management, Forecasting, Purchasing, Treasury, Financial Reporting, Budgets, Managerial Finance, Finance, Internal Controls, Financial Modeling.

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