Melvyn Cohen Email & Phone Number

Northbrook, Illinois

Providing financial and risk management services to middle market companies in the wholesale distribution, service and retail environment. We offer assistance when a company needs a transition financial executive, when special one time projects need to be completed on a timely basis, including evaluation and installation of new business software applications, merger, acquisition or sale of a segment or entire business

Elk Grive Village, Illinois

Carpet Cushions & Supplies, Inc. is an $80 million wholesale distributor of flooring installation supplies, tools and equipment. Responsible for 10 people providing corporate administrative functions, including treasury, legal, office administration and human resources• Integrated new business locations which increased sales by 50%• Negotiated purchase of three wholesale flooring distributors representing an additional $7 million of sales and integrated into current… Show more Carpet Cushions & Supplies, Inc. is an $80 million wholesale distributor of flooring installation supplies, tools and equipment. Responsible for 10 people providing corporate administrative functions, including treasury, legal, office administration and human resources• Integrated new business locations which increased sales by 50%• Negotiated purchase of three wholesale flooring distributors representing an additional $7 million of sales and integrated into current business• Developed financial systems to reduce monthly closing process by 50%• Negotiated bank loans for lines of credit and real estate mortgages • Implemented systems to track rebates due customers and due from vendors• Developed exit strategy for the owner resulting in the sale of the business in February 2014• Managed the sale process for the owner, gathering, assessing and providing information and documents to, and answering the inquiries posed by investment bankers, lawyers, and buyer. Show less

Franklin Park, Illinois

Arcor Inc. was a $60 million manufacturer of specialty metal parts for the filtration industry. Responsible for administrative and accounting personnel. • Developed program that reduced obsolete inventory level by 50%• Revamp financial reporting system to reduce time to close by a third• Negotiated lease for new manufacturing facility and new equipment for facility• Recovered one’s year’s worth of rent overcharges at corporate office.

Lincolnshire, Illinois

Focus Affiliates Inc. (the result of a merger between Cellular Wholesalers, Inc. and Intellicell Corp.) was a $150 million public distribution company for wireless communication equipment. Responsible for all the treasury functions of the company including Cash Management, Finance, Accounting, Human Resources and Credit and Collection.

Skokie, Illinois Moved To Lincolnshire Illinois

Cellular Wholesalers, Inc and Continental Mobile Telephone Co., Inc. part of three privately held companies in the cellular telephone industry with total sales of $125 million. The business units included a wholesale distributor, an eighteen store retail chain and a reseller of cellular telephone service in the Chicago area. Responsible for all aspects of finance, administration and operations within the three separate business units that had common ownership. Managed a staff of twenty-four… Show more Cellular Wholesalers, Inc and Continental Mobile Telephone Co., Inc. part of three privately held companies in the cellular telephone industry with total sales of $125 million. The business units included a wholesale distributor, an eighteen store retail chain and a reseller of cellular telephone service in the Chicago area. Responsible for all aspects of finance, administration and operations within the three separate business units that had common ownership. Managed a staff of twenty-four (24) in the Financial Services Department including Human Resources, Finance, Accounting, and Credit and Collection. • Implemented strategic plan that resulted in sales growth of 100% over a three-year period• Developed and executed a strategy for the ownership of the company that resulted in the sale of all three business units over a five-year period. • Negotiated the sale of the $50 million reseller unit and the eighteen store retail chain to Cellular One.• Negotiated the merger of the wholesale distributor to a public company within the same industry • Completed acquisitions which increased customer base by 50%.• Negotiated contracts for the purchase of a building and other personal property including warehouse and computer equipment• Negotiated the purchase of two competitors in the retail cellular business in Chicago with a total of thirteen stores and integrated the stores into Continental Mobile's existing business Show less

Chicago, Illinois

Hinda Distributors, Inc. a $60 million distributor of consumer electronics in the premium fulfillment industry and also managed the operation of the office in Los Angeles, California. Supervised a staff of fourteen (14) people in the two facilities. Responsible for all aspects of the financial and operational functions of the business* Managed $50 million dollar premium fulfillment program with Bank of America with a minimum of bad debt write-off.* Developed procedures for… Show more Hinda Distributors, Inc. a $60 million distributor of consumer electronics in the premium fulfillment industry and also managed the operation of the office in Los Angeles, California. Supervised a staff of fourteen (14) people in the two facilities. Responsible for all aspects of the financial and operational functions of the business* Managed $50 million dollar premium fulfillment program with Bank of America with a minimum of bad debt write-off.* Developed procedures for reconciling order processing which reduced DSO to less than thirty days * Supervised implementation of an automated computer system for order entry and warehousing which allowed order fulfillment within one day Show less

Chicago, Illinos

This was a $60 million dollar distributor of glass and plastic bottles and caps for product of third party manufacturer. The company also provider fillers (companies that would place the manufacturer's product in the container) and labelers (silk screen or paper) for the container.Manage Information Technology DepartmentAssist Controller in managing financial activitiesManage the budget process

Chicago, Illinois

Manage and direct the staff of the company with my partner. Responsible for financial activities, administrative functions, shipping and receiving. This was a family business in the food processing segment.

Managed the CEDA Program in Winnebago, CountyAssisted in managing and directing the staff of the City and County Planning Department

Chicago, Illinois

Teaching classes of mechanical drawing and artScheduling student classes

Msa, Accounting

Certified Public Accountant

Master'S Degree, Urban Studies/Affairs

Bs, Political Science, Architecture, Education

Activities and Societies: Student Union Board - member, Vice Presidents and President; Alpha Epsilon Pi Fraternity - member and officer.

Diploma

Activities and Societies: Manhattan Student Council - member and President Manager - Student Council Office