Michael Wieland Email and Phone Number

Senior Financial Manager, reporting to President Tax and Audit Administration, Legal InterfaceProcess Design and ImplementationOperations DevelopmentFinancing and Cash Management

Consultant to small business - marketing, product development, sales, finance, accounting, voluntary employee benefit programs.Agent for Museum of Modern Art; arrange manufacture and delivery of product to MoMA wholesale division from factories in Thailand and Indonesia.

ProMax Commerce is located in Melrose Massachusetts. We are a direct to consumer eTailer selling on North American marketplaces such as Amazon, Wal-Mart, and eBay. ProMax uses proprietary technology to dynamically optimize fully delivered sale price and lowest cost fulfillment across 240,000 items located in 58 source warehouses across the countryCreated all daily, weekly, and monthly accounting processes. Built cash flow and budget models. Executed weekly update to cash flow. Interface with external audit and lenders. Refinanced debt. Financial manager for GP Dynamics implementation.

Controller, Senior Financial Manager, reporting to President and EVPTax and Audit Administration, Legal InterfaceProcess Design and Implementation

Supplied the energy, insight, acumen and organizational leadership vital to the growth, stability and profitability of a home furnishings importer that served large retail chains. Formulated capital and operating budgets, policies, standards and controls. Managed risk, assets, costs, cash flow, purchasing, inventory and legal issues. Developed business processes and systems. Negotiated product pricing and development costs with foreign suppliersMonthly, Quarterly, and Annual Closings, including Quarterly Loan Compliance reporting Development of systems for EDI, UCC-128, and UPC labeling.Managed annual audits; daily cash management; program financing using Transferable Letters of Credit.Secured open lines of credit from manufacturers in China, Indonesia, and Thailand; negotiated a contract for domestic distribution services; traveled regularly.Negotiated excellent terms for all capital and debt financing; selected providers and secured insurance coverage for business assets and operations.Developed custom-tailored software systems; created reporting tools for sales, revenue, inventory, account management and other criteria.

Obtained patent and copyright infringement insurance, directed product delivery and collected receivables for a multimillion-dollar Miller Brewing Company - Phillip Morris program.Prepared the client for integration with an Italian media company; automated financial records and closed books, worked with KPMG Switzerland during due diligence audit. Negotiated terms of product licensing agreements with Brazilian professional soccer teams in Sao Paolo and Rio de Janeiro.

Grew a start-up into a profitable $40,000,000 business; negotiated all contracts; developed $15,000,000 in credit facilities; secured $2,000,000 in senior subordinated notes with warrants.Boosted turnover and decreased bad debt to .5% of sales; introduced new systems that reduced inventory by 20% and produced 30% higher fill rates within 12 months.Expanded capacity and increased productivity; consolidated 4 distribution facilities into an 85,000 square foot, state-of-the-art fulfillment center.Introduced JIT methods to Asian factories, resulting in improved on time delivery, fill rate, and enabling exponential growth; Orchestrated certified audits with Price Waterhouse Coopers and additional audits by banks and the Internal Revenue Service (IRS).Prepared financial reports including forecasts, budgets, budgets vs. actual, and operations analysis for Board of Directors. Managed rolling five year forecast.Provided hands-on leadership in accounting management, including monthly closings, introduced internal controls, and managed daily cash requirements. Implemented the Oracle AP/GL platform with linked inventory, order entry, shipping and customer service systems; achieved 100% on-time delivery by introducing JIT.