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Sam Thomas is a CFO & VP of Human Resources at Positive Promotions. He possess expertise in microsoft excel and access, microsoft powerpoint, sap, hyperion hfm, as400. Colleagues describe him as "I have had the pleasure of working with Sam within two different organizations. In both experiences, Sam showed an impressive understanding of both businesses within a very short period of time. Sam has the ability to distill very sophisticated data sets into valuable information that was used for effective decision making on a daily basis. He has provided invaluable support in the pursuit of profitable sales growth, and I would highly reccommend Sam to any company." and "Beyond his superior analytical capabilities, Sam Thomas brings exceptional talent and profound intellect to any project he is involved in. Besides Sam's uncanny grasp of numbers, his ability and willingness to go the extra mile is why many of his peers and senior management trust his instincts and views. Sam is an exceptional person who continuously drives for tangible results. It was a pleasure working with Sam and I would highly recommend him to any organization."
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Cfo & Vp Of Human ResourcesPositive Promotions Oct 2019 - PresentHauppauge, New York, UsResponsible for all Financial, Accounting, IT, HR & Legal matters of the $120M eCommerce and catalog sales Promotional Products business. -
Vice President Of FinancePositive Promotions Aug 2017 - Oct 2019Hauppauge, New York, Us -
Director Of FinancePositive Promotions Mar 2014 - Aug 2017Hauppauge, New York, Us• Re-evaluated and renegotiated five top vendor contracts resulted in significant bottom-line growth.• Implemented process improvements and instilling CI culture since taking over Accounting department, resulted in eliminating five headcounts within a year. • Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; and oversee all financial, projects/programs.• Coordinate and lead the annual audit process, and liaise with external auditors; assess any changes necessary.• Oversee and lead annual budgeting and planning process and review all financial plans and budgets; monitor progress and changes and keep senior leadership team abreast of the organization’s financial status.• Manage organizational cash flow and forecasting.• Implement a robust contracts management and financial management/ reporting system; ensure that the contract billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements.• Update and implement all necessary business policies and accounting practices; improve the finance department’s overall policy and procedure manual.• Effectively communicate and present the critical financial matters to Executive Management team. -
Financial Planning & Market Analysis ManagerPositive Promotions May 2011 - Mar 2014Hauppauge, New York, Us• Monthly Business Review & Presentations for Top Management. And developed multiple one-click update daily dashboards covering sales, purchasing & manufacturing• Created new campaign forecast model and supply chain metrics resulted in considerable savings from imports and reduction in air freight• Main catalyst in changing the culture to make the company more data driven than based on institutional / tribal knowledge• Developed a Cost Accounting based cost plus pricing model for personalized SKUs replacing a culture of pricing solely based on competition. -
Sr. Financial AnalystRio Tinto Sep 2007 - Apr 2011London, Greater London, Gb• Monthly/Quarterly Business Review Presentations for BU Management and Corporate CEO• Customer/sku profitability analyses, monthly variance & VPM analysis• Preparation of $200MM annual sales & financial budget and quarterly forecasts• Monthly consolidated financial reporting of three plants. Comprehensive review of monthly financial statements & Trend Analysis with a focus on maximizing profit by suggesting effective cost-cutting measures, and Lean Six Sigma Continuous Improvements initiatives (CI).• Working closely with Sales Leadership in key new marketing initiatives, effectively taking lead role in market analysis, sales and profitability analysis.• Pricing and estimating as they relate to new business opportunities. Developed knowledge basis and stay in close touch with market, key developments, production and competition.• Supporting report requirements of PepsiCo, Coca Cola and Nestle Waters Procurement team• Working with Operations on a daily basis on operational improvements and supporting new WCM initiatives.• Monthly Overall Asset Effectiveness (OAE) and Overall Equipment Effectiveness (OEE) • Yearly Capacity, Throughput Analyses and developing Machine Hour Rates and Standards.• Development and maintenance of performance metrics & production KPIs • CI initiatives relative to waste and NEFM, Line Efficiency & EffectivenessSignificant Accomplishments:• Developed a comprehensive Cost Curve with 6 asset groups which dramatically changed the pricing/bidding process• Demand Management and Capacity Project - Synchronized demand, production & inventory; cost effectively and with customer satisfaction for over 1400 sku. Resulted in an annual expedited freight cost saving of $750K• Centralized, seamless customer sales & volume reporting database between 3 plants with five years history• Streamlined Profitability Analyses within Job Costing System to allow for visibility into specific sku/asset results. -
Financial AnalystLandmark Aviation 2004 - 2007Us• Monthly financial statement analysis and reporting to senior management the cause of variation(s), trend analysis, sales charts and reports, profitability analysis and ad-hoc reporting.• Extensive knowledge and expertise in industry specific Federal and State taxations and its impact on business.• Worked closely with the 33 field General/Operational Managers, visiting them regularly, keeping up with new challenges in market and help designing strategies. • Advised operations on Jet A Fuel procurement (annual 300MM Gal) and inventory levels based on volatile energy market and geo-political developments.Significant Accomplishments:• $450K annual savings in Dulles, VA operations – Few months into the job, successfully challenged the Tax Manager and External Auditors on the validity of a particular tax treatment which resulted in a $450K annual savings. • Implementation of MSA with 5 Fortune 100 customers; coordinating customers, operations, accounting & IT
Sam Thomas Skills
Sam Thomas Education Details
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University Of KeralaFinance
Frequently Asked Questions about Sam Thomas
What company does Sam Thomas work for?
Sam Thomas works for Positive Promotions
What is Sam Thomas's role at the current company?
Sam Thomas's current role is CFO & VP of Human Resources.
What is Sam Thomas's email address?
Sam Thomas's email address is sa****@****ail.com
What is Sam Thomas's direct phone number?
Sam Thomas's direct phone number is +163164*****
What schools did Sam Thomas attend?
Sam Thomas attended University Of Kerala.
What skills is Sam Thomas known for?
Sam Thomas has skills like Microsoft Excel And Access, Microsoft Powerpoint, Sap, Hyperion Hfm, As400.
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