Marc Bernstein Email & Phone Number

Tustin, Ca, Us

Directed and managed accounting and finance operations for this Home Improvement leader, ensuring the integrity and accuracy of financial statements and ensured that consolidated financial statements are compliant with U.S GAAP. Trained, developed and supervised a team of 14 including an assistant controller, accounting manager and senior accountants. Responsible for monthly financial statements of 12 branches operating in 5 states, as well as group consolidated financial statements prepared quarterly and annually for Board of Directors, including detailed P&L commentary. Worked closely with Operations teams in identifying and mitigating risk. Served as primary contact with outside CPA firm on annual review, 401K audit and tax matters. Maintained and/or established relationships with insurance brokers and bankers. Held full responsibility for the maintenance and administration of 135 fleet vehicles. Tasked with developing and overseeing annual budgets for the group. Functioned as the main contact with other departmental leaders in the organization, in identifying procedural inefficiencies and collaborated to implement more efficient processes and procedures.Some of my significant accomplishments during my 10 year tenure in this position were:Significantly reducing 401K plan annual fees by researching new providers and working with CEO and President to select a new plan.Proactively negotiated early settlement discounts with primary vendors, resulting in significant ongoing savings adding to bottom line profitability. Overseeing and analyzing the aging of fleet vehicle leases and buyout terms to maximize gains on disposal of vehicles, resulting in substantial gains year over year.

I leveraged ten years of experience to earn this management position. I held full accountability for day-to-day oversight of the Accounting department with duties that included scheduling assignments and hiring personnel. Responsible for directing all corporate accounting activities and functions, including the month-end close, internal and external reporting and overseeing CPA audit of franchise division. Trained new and existing employees on new accounting system after implementation. Resolved internal and external financial issues as they arose. Some of my achievements from my tenure at this position include:I increased efficiency and accuracy by converting existing Computer Ease system to Foundation Accounting and centralizing AP/AR, payroll, and expense reports.Improved executive operational decision-making ability by automating month-end gross profit reports and creating spreadsheets with VLOOKUPs and other queries.Accounting Department Reorganization - Refocused efforts on full branch accounting instead of segmented responsibilities, such as commissions, A/P, payroll, and expense reports. Resulted in improved efficiencies and increased employee satisfaction. This also helped in reducing month-end closing cycle time by two weeks.Arranged multiple term loans for projects, as well as revolving credit facility for showroom build-outs.

Launched the company and oversaw all daily operations for this retail store providing children’s educational toys. Duties included maintaining financial records, driving sales, ensuring compliance, and sourcing expansion opportunities. Determined product line and pricing. Created and implemented local and national marketing strategiesHere are some of my achievements from my time with my own company:I increased sales through the creation of a targeted marketing strategy that included coupons and local advertising as well as in-store promotions and customer loyalty programs.I created a successful e-commerce sales channel that generated significant word of mouth marketing and additional income.

Responsible for setting up entire accounting department. Implementing internal controls to safeguard company assets, updating systems and streamlining manufacturing processes and manufacturing costing structures to achieve maximum efficiencies and profitability. Negotiating bank lines of credit, factoring facilities and other short and long term financing needs.Played a key role in implementing monthly shareholder meetings with financial advisors to analyze financial results and implement action plans based on results of those meetings.

Audited accounts for the largest cell phone service provider in South Africa. Oversaw accounts payable, fixed assets and inventory for this publicly traded company. Conducted physical inventory counts. Established new internal controls for safeguarding inventory. Discovered $175K fraud which led to successful convictions.

Managed and audited client accounts. Completed and submitted annual tax returns for individuals, partnerships, and corporate clients.

Completed an internship with this accounting firm that served both publicly traded and privately held companies. Received extensive training in internal controls and auditing. Acted as Lead Auditor for the audit of 7 companies listed on the South African and London Stock Exchanges.