Nick Bitsimis Email & Phone Number

San Diego, CA, US

Saddle Brook, New Jersey, United States

Responsible for all Financial Operations of 13 locations serving the five boroughs of NYC (Manhattan, Queens, Brooklyn, The Bronx, Staten Island)

Greater New York City Area

• Partnered with CEO and CFO to re-engineer the Finance Department
• Reorganized the Finance Department into 2 groups (Finance – Business Analysis, forecasting, planning, financial systems & Accounting – Daily transactions, back-office functions, etc.) and reduced headcount by 2 people.
• Trained staff on best practices for reconciling and analyzing all general ledger accounts on the… Show more Partnered with CEO and CFO to re-engineer the Finance Department
• Trained staff on best practices for reconciling and analyzing all general ledger accounts on the Balance Sheet in order to drive impactful business decisions and satisfy external audit requirements
• Trained staff regarding proper methodology of researching historical customer transactions (contract price, change orders, invoices, requisitions, payments, etc.) in order to determine proper A/R balance
• Implemented improved cash application procedures in order to eliminate numerous misapplied customer payments

San Jose, CA

• Partnered with CEO to develop a proposal for the launch of a new business opportunity with a major Semiconductor Equipment Company in South Korea
• Developed integrated/flexible financial projection model for the proposed first five years of operation identifying expected critical financial requirements of the business
• Consulted with CEO, Business Development Manager and VP of Operations on a regular basis
• Participated in several formal meetings and made presentations to key… Show more Partnered with CEO to develop a proposal for the launch of a new business opportunity with a major Semiconductor Equipment Company in.
• Participated in several formal meetings and made presentations to key customer (equipment company) in order to justify financial funding requirement for a $12.5M purchase of new manufacturing equipment
• Assisted CEO with review and approval of Global Supply Agreement with equipment company

Greater New York City Area

Responsible for all Worldwide Financial Operations, including financial reporting, treasury, tax and compliance covering three locations in New York, Michigan and California.- Reorganized Finance department to align with the needs of the organization, reduced staff from 16 to 11 people and saved $750k.- Key member of Executive Management Team that led the.

Fremont, CA

Developed and was responsible for all worldwide financial reporting of Fremont and Korea start-up operations including budgeting, forecasting, reporting of actual results, strategic planning and cash forecasting.- Led financial integration activities of newly acquired business, meeting objectives of corporate office without any business interruption..

Plainview

Oversaw all worldwide financial reporting of 3 business units located in New York, Colorado, and California including budgeting, forecasting, reporting of actual results, strategic planning, and process improvement.- Drove company-wide cost reduction during industry downturn reducing costs by approximately $5M- Helped lead Colorado management team through.

Plainview

Plainview, NY