Leon Korsak, Mba work email
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Leon Korsak, Mba personal email
Long tenure at RALPH LAUREN coupled with multiple CFO roles. Extensive experience providing data-driven assistance to support business objectives and improve financial performance across diverse consumer industry verticals and channels. Success directing and streamlining end-to-end finance/accounting functions, including financial controllership, planning and analysis, compliance, consolidation, acquisition due diligence, integration, treasury, taxation, and auditing. Skilled in cost reduction, margin improvement, and expense containment. Advisor to organizational leadership and recognized for effectively mentoring high performing teams. Ability to adapt to changing business landscapes, including navigating through economic downturns or industry disruptions. Proven performance in identifying areas of improvement within existing processes, formulating robust accounting/finance policies, and developing solutions to ensure the accomplishment of set milestones.Finance Breadth: Strong background in Accounting, Financial Planning, Analysis, Modelling, Budget Control & Cashflow Forecasting, Business Transformation, Supply Chain Operations, Key Investment Recommendations, M&A / Due Diligence Risk Assessment & Mitigation, KPI Reporting & Management, Process Improvement, and Stakeholder Engagement. Retail Consumer Goods & Apparel Expertise: Extensive industry experience in both large and smaller companies, including startups. At Ralph Lauren, senior roles across various product lines. Applied deep knowledge of retail financial management and supply chain dynamics including ERP integrations, 3PL and warehouse management operations. Ability to navigate complex financial challenges.Financial Automation: Successful steering of financial management policy, through a variety of applications including SAP, Hyperion, Microsoft Dynamics and others, for automating reporting procedures. Business Strategy: Consistently demonstrated expertise in developing, aligning, and executing robust long-term financial strategies that foster sustained growth, optimize profitability, and proactively address risks. Track record reflects a history of delivering tangible results through meticulous planning and a keen understanding of market dynamics.
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Chief Financial OfficerComfrtFort Myers, Fl, Us -
Chief Financial OfficerComfrt / Purelywhite Deluxe Feb 2024 - Present
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Chief Financial OfficerHonest Baby Clothing Dec 2022 - Feb 2024Leader of all financial activities including cash management, month-end close, budget process, forecasting, and long-range planning for this US-based startup. Manufactures and sells 100% organic baby clothing and accessories direct to consumer, and through major retailers. Honest Baby Clothing is a trademark of The Honest Company and is used under a license by Butterblu, LLC.
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Chief Financial OfficerMatilda Jane Clothing Sep 2021 - Dec 2022Fort Wayne, Indiana, UsLed finance and operations for this $50M+ women’s and children’s direct selling company. Crafted comprehensive presentation materials for quarterly Board meetings, adeptly delivering updates on financial, operational, and strategic matters alongside the CEO and senior leadership. Orchestrated effective treasury and risk policies, cultivated relationships with banks, PEO Services, 401K sponsor, and insurance providers. Strategically revitalized secondary revenue channels to enhance working capital and bolster EBITDA. - Pioneered external partnerships for the impending launch of Shopify Plus as the premier direct-to-consumer platform- Secured $7.0M from lender for additional working capital required to support business operations- Shortened close cycle from 30 to 15 days, delivering comprehensive financials and analysis to Board and bank in accordance with lender requirements. -
Vice President Of FinanceSpring Footwear, Corp. Jun 2020 - Sep 2021Pompano Beach, Florida, UsLed accounting and finance operations, including month-end close, financial reporting, treasury, strategy, FP&A, and legal. Built and maintained corporate insurance profile, credit risk policy, and banking relationships including short-term investment oversight. Enabled high-quality business continuity and succession planning through stimulation of a culture of learning and development. Developed company’s first annual budget, creating comprehensive modeling for 2021 and long-range plans. Decreased month-end close cycle from three months to one, with an aim to close in 15 days by year-end.Business Forecasting | Innovation and Creativity | Learning Culture | Employee Engagement -
Vice President Of Finance, Corporate ControllerIt'Sugar Jan 2019 - Jun 2020Fort Lauderdale, Florida, UsServed as the finance and accounting leader for this $100M specialty retailer, with duties covering financial planning and analysis, cash management/treasury, business strategy and expansion; complete controllership responsibilities including general accounting operations, audit, close, and SOX compliance. Reorganized finance team to optimize functional workflow in sales audit, accounts payable, and staff accounting support. Slashed labor costs by 20% while driving greater departmental efficiencies and output. Augmented vendor rebate program to reduce AP liabilities resulting in annualized cash recovery of $100K.Regulatory Compliance | Modeling and Forecasting | Data Analysis -
Executive Business & Financial ConsultantLgk Advisory Services Jan 2018 - Dec 2018Interim CFO responsible for leading financial planning, analysis, reporting, cash/treasury/banking, accounting operations and inventory management for several companies. - Developed financial analytics validating the transition of an expiring royalty-based licensed business to an equity-based B2B operation. Forwarded results to various investors, enabling the business to obtain seed funding for strategic expansion.Teamwork and Collaboration | Continuous Improvement | CAPEX and Capital Raising | Governance | Project Management
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Vice President Of Finance - Women’S Apparel/Accessories GroupRalph Lauren 2005 - 2017New York, UsPromoted to Head of Finance for all brands comprising the Women’s Apparel & Accessories, Men’s Footwear Americas portfolio, with combined annual revenues of $1 billion. On-boarded three new division Presidents, coordinated several disparate systems integrations and managed long-range planning, budget processes, and close activities in accordance with GAAP and corporate requirements. - Steered expansion efforts into specialty retail contributing to a six-year revenue CAGR of more than 50%, generating cumulative operating income of $250M over the same period- Oversaw finance activities for the Company’s $150M Product Licensing division - facilitated negotiation of GMR requirements, led ongoing communications with Licensees including MBRs and contract negotiations -
Senior Director Of Finance - Luxury Apparel DivisionRalph Lauren 2001 - 2005New York, UsRecruited as first FP&A hire at Ralph Lauren to support the Wholesale Finance group. Singularly refined and implemented new forecast model prototype for the Luxury Apparel division with over $250M in global volume. Enlisted by senior management to build and integrate financial reporting for the Women’s Lauren re-launch; successfully transitioned former License to comprehensive Wholesale financial model with first year revenue of $500M. -
Corporate Controller - AmericasBally 2000 - 2001Caslano, Canton Ticino, ChSelected by CFO to administer corporate finance for this $120M Luxury Apparel/Accessories retailer with an emphasis on accounting operations, budgeting, forecasting & store profitability. Oversaw new investment initiatives, site assessments, and ROI lookbacks, as well as credit/risk management, cash forecasting, banking and sales tax reporting. Managed 7 direct reports. -
Director Of Finance And TreasuryDonnkenny Apparel Inc 1997 - 2000Recruited by CFO to lead the Company’s treasury and banking operations. Facilitated negotiations on term loans, managed the Company’s borrowing base and revolving credit facility. Oversaw 13-week rolling cash forecast, SEC reporting and the annual budget process for this $175M public apparel company.
Leon Korsak, Mba Skills
Leon Korsak, Mba Education Details
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Pace University - Lubin School Of BusinessFinance And Marketing -
Hofstra UniversityMarketing And Accounting
Frequently Asked Questions about Leon Korsak, Mba
What company does Leon Korsak, Mba work for?
Leon Korsak, Mba works for Comfrt
What is Leon Korsak, Mba's role at the current company?
Leon Korsak, Mba's current role is Chief Financial Officer.
What is Leon Korsak, Mba's email address?
Leon Korsak, Mba's email address is lk****@****zon.net
What schools did Leon Korsak, Mba attend?
Leon Korsak, Mba attended Pace University - Lubin School Of Business, Hofstra University.
What skills is Leon Korsak, Mba known for?
Leon Korsak, Mba has skills like Forecasting, Management, Apparel, Merchandising, Wholesale, Financial Analysis, Inventory Management, Strategic Planning, Trend Analysis, Budgeting, Budgets, Retail.
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