Executive Vp Of Operations
CurrentI deliver operational and financial leadership to this commercial check casher with five locations in NY, FL, and GA. Executing immediate and long-term strategies, annual revenue propelled from $18 million in 2006 to $95 million in 2010 with 12-17% YOY revenue growth since. • Develop and implement strategies that improve top- and bottom-line growth, cultivate a robust company culture, support operational efficiency, and champion organizational goals; create and administer policies and procedures• Manage 10 Branch Managers and Tellers; establish a goal-driven, motivational environment that prioritizes accountability, rewards excellence, and drives performance• As Controller, guarantee financial integrity during stages of rapid growth•Full responsibility for P&L management, budgeting, monthly reconciliations, payroll, capital expenditures, AP, and transfers • Ensure branches and all prepaid debit card accounts are adequately funded with cash daily; maintain complete logistical oversight of the money delivery process• Accountable for all transactions and ensuring each Teller adheres to check cashing policies and procedures; guarantee remote deposits are completed in a timely manner• Oversee the wiring of funds to specific accounts and ensure the availability of funds • Trained new FL and GA staff in compliance with rigorous NYS Banking Department policies and procedures Key Accomplishments:• Displayed critical leadership during expansion from one to five branches and five to 20 employees • Played a key role in the creation of a proprietary, risk-mitigating algorithm and check cashing process• Helped guide the organization through three rounds of funding• Instrumental in sister company Mercury Service Group’s procurement of a NYSDFS Money Transmitter License, a laborious three-year process; created comprehensive policies and procedures• Collaborating with Deluxe Financial Services and Sunrise Banks to develop remote image capture technology
