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Solid experience in operational oversight and financial management / analysis within the fashion industry. Establishing procedures to manage capital and expenditure, implementing business processes across finance, production and sales, working with institutions to source credit/investment, manage licensing/supply/production agreements and open new sources of revenue. Fluent English and Italian. Dual citizen of the USA and Italy.
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PresidentCoNew York, Ny, Us -
PresidentCo Nov 2016 - PresentLos Angeles, California, Us• Establish business processes and create a platform for expansion into Europe and Asia.• Restructure the financial team implementing Internal Controls and Budgets• Work with Financial Institutions in order to implement new credit facilities.• Produced EoY reporting for board review, prepared audit materials and manage annual closing.• Manage all aspects of cash flow, budgeting, forecasting.• Restructuring the sales team and mapping out a plan for expansion into new target markets.• Responsible for all aspects of HR and compliance with State and Federal regulations. -
CfoPrabal Gurung, Llc Aug 2014 - Nov 2016• Worked with the business owners to establish business processes and identify sources of capital. • Develop a road map for future growth and present findings to the Executive Board.• Manage budgeting, cash flow and forecasting.• Daily management of accounts receivable, accounts payable, including collections, payments.• Working with the partners to determine all costing and margins.• Direct, daily oversight of sales and production. -
CfoThakoon Llc Aug 2008 - Jun 2014New York, New York, Us• Established cash flow procedures and forecasting model, as well as five year financial plan.• Introduced annualized budgeting to improve cash flow.• Produced EoY tax reporting for board review, audit materials and managed annual closing. • Daily management of accounts receivable /accounts payable, including collections, and payments.• Worked with the CEO to determine all costing and margins. • Sourced more favorable rates for shipping and handling. • Sourced mills and manufacturers and act as company point of contact to the third party suppliers. • Oversaw all third party contract negotiations.• Oversaw all contract negotiations and execute licensing contracts. • Managed royalty payments. • Oversaw adherence to contact terms and produced quarterly sales reports for board review. -
Senior Acct Licensing & RetailMarc Jacobs May 2004 - Jul 2008New York, New York City , UsSenior Accountant of Licensing & Retail Licensing: During my tenure at Marc Jacobs the company acquired six new Licensing Contracts. • Managed all licensing Contracts: acted as first of point of contact to the Licensees, ensuring timely management of issues and dissemination of information and data to various internal departments. • Worked with licensees to ensure adherence to the agreed policies and procedures. • Calculation and maintenance of royalties and advertising budgets.• Worked closely with our global licensing partners, producing analysis of sales figures and creating a global data set, reconciled to one document for management review. Retail: I helped open 15 domestic stores, 1 warehouse and 2 European stores, maintaining close relationships with store managers and senior associates to establish accounting procedures and ensure accurate and timely reporting. • Monitored flow of goods from Vendors to the Warehouse to all domestic and international stores.• Worked closely with the Retail Team to better forecast and budget for stock by location and sales.• Managed stock approbation and reconciliations with both domestic and foreign vendors.• Weekly analysis of retail sales and margins by divisions for all 18 stores.• Management of biannual inventory for all stores, including annual on-site supervision.• Performed weekly audit and RTV, Receiving, Transfers and Sales. -
Ar ManagerGiorgio Armani Mar 1999 - Apr 2004Milano, Mi, ItAccounts Receivable Manager • Manage the Accounts Receivable Department, including the inter-company divisions, all financial transactions between Milan and the New York headquarters and within the Milanese and U.S. subsidiary companies.• Sole point of contact for all foreign suppliers to the Wholesale division. Worked to insure deliverables and clear any financial disputes. • Responsible for budgeting, approval and analysis of all expenses related to U.S. employees working out of the Milan office and all contracts between regional headquarters.• Responsible for financial management of special projects including the launch of Armani Casa and the 25th anniversary Giorgio Armani exhibition at the Guggenheim Museum.• Prepare journal entries, perform balance sheet and income statement analyses, reconcile accounts and up to four special projects annually to ensure financial integrity of the company's books and records.
Paola Corso Skills
Paola Corso Education Details
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City University Of New YorkEconomics
Frequently Asked Questions about Paola Corso
What company does Paola Corso work for?
Paola Corso works for Co
What is Paola Corso's role at the current company?
Paola Corso's current role is President.
What is Paola Corso's email address?
Paola Corso's email address is pa****@****ons.com
What is Paola Corso's direct phone number?
Paola Corso's direct phone number is +121225*****
What schools did Paola Corso attend?
Paola Corso attended City University Of New York.
What skills is Paola Corso known for?
Paola Corso has skills like Apparel, Fashion, Retail, Trend Analysis, Merchandising, Management, Accounting, Luxury Goods, Forecasting, Budgets, Fashion Design, Sales.
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