Shamindra Jagnanan Email and Phone Number
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A seasoned but hands-on financial leader who has served on the management teams of multiple companies that have achieved significant growth in revenues and valuation. A change agent an adept and creative problem solver who has built and designed financial infrastructure to support such growth, including designing accounting policies, improving controls over financial reporting and recruiting, managing, leading and mentoring accounting staff.
Playbill Incorporated
View- Website:
- playbill.com
- Employees:
- 130
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Chief Financial Officer, Secretary And Treasurer And Member Of Board Of DirectorsPlaybill IncorporatedNew York, Ny, Us -
Chief Financial Officer, Secretary/Treasurer And Member Of Board Of DirectorsPlaybill Incorporated May 2015 - Present
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Divisional ControllerCorporate Resource Services, Inc. Jan 2010 - May 2015Corporate Resources Services was a NASDAQ-listed leading recruiting and staffing provider that specializes in placing administrative, clerical, information technology and light industrial candidates in temporary or full-time opportunities throughout the United States. • Reports directly to and acted as the immediate backup to the corporate Chief Accounting Officer and manages or assists in monthly, quarter and annual closings, liaison with outside auditors, SEC filings and a wide range of ad hoc projects• Division financial leader of TS Staffing, Corporate Resource Services largest division that has grown from $161 million when acquired in 2011 to an estimated $250 million in 2014• Managed the financial integration and purchase accounting of TS Staffing and its 75 branch offices in 2011, yielding over $3.1 million in annual synergies savings on labor, facility and other operating costs• Assumed Division Controller of Insurance Overload in 2013, implemented expense reductions of 11% of revenues• Since 2012, Operating Expense Control team leader of six direct reports focused on cost containment and accounts payable resulting in limiting in third party SG&A growth of $2.3 million or 8.5% from 2011 to 2013 while revenue increased $180 million or 28.1% during the same period• Responsible for monitoring of all established financial policies and procedures, including compliance with covenants and audits in conjunction with CRS’s factoring syndicate of approximately $100 million• Improved the timeliness and quality of the month end closing process by developing a new automated reporting module to conform to increased quarterly and annual audit requirements• Member of team drafting S-1/IPO Registration Statement filing, targeted for filing later in 2014• Key member of the team that improved and mitigated deficiencies in controls and financial over subsequent events and purchase accounting of CRS’s numerous acquisitions , a previously identified material weakness
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Corporate Controller / Director Of TreasuryAxium International Inc. Feb 2002 - Dec 2009Axium is one of the largest multi-dimensional payroll companies in the entertainment industry that grew from $350 million to $1.8 billion during this period with offices in the United States (10), Europe, Canada, Asia, Australia and New Zealand • Reported directly to the CFO, and acted as backup in his absence, supervising a department of 12 professionals and directing and coordinating general accounting, accounts payable, treasury, revenue and payroll services• Managed global financial team, including review of closing schedules and entries, through the monthly close and preparation and analyses in financial statements in compliance with US GAAP, including consolidation in conformity with ASC Topic 830 (formerly FAS 52) as well as primary liaison for the European and Canadian subsidiaries• Managed systems conversion from ACCPAC to PeopleSoft and partnered with IT team to interface several applications, including attending “train the trainer” training to educate internal staff on general ledger and accounts payable module• Developed and instituted procedures to ensure proper internal controls in the finance and treasury department• Managed banking relationship of 80 accounts with Bank of America, including zero balance accounts, overnight sweeps and lockboxes, and asset backed lending (ABL) syndicate led by Golden Tree Asset Management and set daily cash position, including reporting and forecasting daily cash account balances, projected check clearings, investment returns and other cash adjustments and treasury related activities to ownership group and management team• Maintained corporate relationships with investment bankers (BOA) regarding capital and financing transactions• Oversaw the installation and the maintenance of computer systems related to ABL program and any programs monitoring the unsecured program (software infrastructure) • Primary liaison with external auditors for quarterly reviews and year end audits and other related engagements
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Senior AccountantPrada Usa Corp. Mar 1998 - Feb 2002Prada is a wholesaler and retailer of luxury apparel items with annual US sales of approximately $500 million• Coordinated with Accounting Managers and led department in completion of period end closings to prepare depreciation, prepaid amortization, fixed assets, accrual as well as the analysis of selected general ledger accounts to ensure the accuracy and completeness of financial data, including improved efficiency of intercompany process• Assisted Accounting Managers/Controller in preparing multiple company’s reporting packages and financial statements• Treasury responsibilities included daily wiring funds to the suppliers oversees, transferring funds within bank accounts and creating reports necessary information for month-end reporting as well as managing access controls• Managed the change of commercial banks from Citibank to HSBC• Supervised junior accountants and temporary personnel in performing various accounting and treasury activities• Analyzed and recorded 401k expenses, liabilities and forfeiture accounts• Prepared credit card reconciliation reports to properly account for charges, returns and fees per agreements with various credit card institutions and calculated, recorded, reconciled and collected royalty transactions and fees from franchisees
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Senior AccountantManhattan Club Timeshare Association Sep 1996 - Mar 19981996–1998 Senior Accountant Manhattan Club Marketing Group LLCManhattan Club is a Timeshare Company based out of the Park Central Hotel of NY City• Closed books and prepared monthly US GAAP financial statements and analyses• Prepared annual budget and periodic forecasts and variance and cash flow analyses
Shamindra Jagnanan Skills
Shamindra Jagnanan Education Details
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University Of GuyanaMajor: Accounting Minor: Management
Frequently Asked Questions about Shamindra Jagnanan
What company does Shamindra Jagnanan work for?
Shamindra Jagnanan works for Playbill Incorporated
What is Shamindra Jagnanan's role at the current company?
Shamindra Jagnanan's current role is Chief Financial Officer, Secretary and Treasurer and Member of Board of Directors.
What is Shamindra Jagnanan's email address?
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What is Shamindra Jagnanan's direct phone number?
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What schools did Shamindra Jagnanan attend?
Shamindra Jagnanan attended University Of Guyana.
What skills is Shamindra Jagnanan known for?
Shamindra Jagnanan has skills like Payroll, Accounting, Financial Reporting, Human Resources, Management, General Ledger, Internal Controls, Finance, Auditing, Temporary Staffing, Gaap, Recruiting.
Who are Shamindra Jagnanan's colleagues?
Shamindra Jagnanan's colleagues are Ethan Treiman, Jill Wettersten, Amy Asch, Ömer Faruk Durmuş, Clara Barragan, Patty Youkilis, Samantha Souza.
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