Mark Shmagin Email and Phone Number
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I began my career in commercial & international banking, particularly in balance sheet & cash-flow financing, international trade finance and asset-based credits. In 1994, I entered the private sector, working 9 years as CFO for one of California’s largest packaging manufacturers and distributors. While responsible for HR, IT, accounting and credit, I automated inefficient systems, designed and deployed a custom ERP system and integrated it with a new MRP. I also improved departmental metrics from A/R turnover to financial closings. I was responsible for multi-divisional accounting, budgeting, enterprise-wide forecasting and cost accounting. My work there included dozens of due diligence assignments including an industry roll-up, buy-side acquisitions, joint ventures and a sell-side assignment. In 2003, I joined Goodwill Industries as their COO where I started up several subsidiary operations in manufacturing and recycling. Responsibilities included preparing monthly board reporting packages, staffing various board committees including Finance and Audit and managing compliance. From 2006 through 2009, I worked independently, providing interim and project-based consulting for small businesses including several start-ups, M&A, turnarounds, and strategic initiatives.
Rjt Compuquest, Inc.
View- Website:
- apolisrises.com
- Employees:
- 162
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V.P. Finance And OperationsRjt Compuquest, Inc.Los Angeles, Ca, Us -
V.P. Finance & OperationsRjt Compuquest, Inc. 2009 - PresentLos Angeles, California, United StatesV.P. Operations & Finance IT Consulting, Strategic Staffing $85 million services company operating in 33 states with 450+ employees. Supervised staff of ten (Accounting, Collections, HR, Legal/Immigration, IT, India and Domestic Operations).• Providing counsel and support to the owners including organization & staffing, job duties, compensation programs, sales commission plans, legal, cashflow and corporate/board.• Prepare annual strategic plan to increase EBITDA and sales. • Consolidation of systems and operations including accounting, time-reporting, recruiting and delivery. • Planned and implemented enhanced use of QuickBooks Online.• Monitoring performance and progress to goals. -
Cfo/Coo On RetainerChartsetter 2006 - 2009CFO/COO level consulting activity. This has included * Cashflow and financial management,* Turnaround, * Strategic reorganization, * Start-up, * M&A - buy and sell side * Accounting & Finance* HR, Job Assessments and Performance Evaluations* Real Estate investments* Alternative higher education.Industries include: * Cosmetics contract manufacturer* Packaging Manufacturing* Industrial supply distribution, * Entertainment, * Investment, * Moving & Transport services,* Life settlements, publishing, * Medical,* Real estate,* Non-Profit,* Start-up.Interim CFO for $40 million contract manufacturer with 250 employees. • Developed department budgets. • Oversaw conversion of MAS 90 system. • Designed quoting methodology.Acting President for a $30m, privately held moving service company with 600 employees in 35 branches in 10 states. Supervised staff of eight managers and directors (Finance, Operations, Claims, HR/Risk, Compliance, IT/Programming, Marketing, Sales). * Down-sized corporate offices reducing overhead by approximately $600,000 per year. Prepared a plan to reduce direct and indirect expenses by $500,000. * Developed new incentive programs for executives, regional & branch managers, and sales commissions. * Strengthened safety and customer service training to improve profitability. Automated customer order confirmation processes. Life Insurance Settlements.CFO for a start-up life insurance premium finance, policy origination and settlement company. Supervised staff of two (Accounting Manager, Analyst). * Wrote company business plan securing $60,000,000 commitment for debt and equity. * Developed statistical modeling templates in Excel to support business plan and to model price and value life insurance policies based on database of transactions and trend-analyses. * Maintained books and records for the various companies using Quickbooks.
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CooGoodwill Industries Of Southern California 2003 - 2006$76.5 million company operating 47 retail stores with 1,600 employees. Supervised staff of seven directors (Retail, Finance, HR, IT, Facilities, Safety, Industrial Operations).* Increased same-store retail sales by 28%, from $48m to $62m. Increased Contract sales from $2m to $3m. Total revenue increased from $60m to $76m.* Planned and managed retail operations. Annual same-store sales growth over 10%. Reduced turnover by 35%. * Developed internal recycling operation to save $500,000/yr.* Reduced indirect labor by $400,000/yr. Reduced workers comp expense by $1,000,000.* Managed all facilities including maintenance, security, industrial operations, build-outs, site-locations and leases.* Interfaced with external board of directors. Staffed board committees. Rolled out Sarbox standards and HIPAA. -
CfoMarfred Industries 1994 - 2003$50 million, privately-held, custom manufacturing and distribution company with 275 employees. Supervised staff of four (Controller, Credit, HR/Safety, IT/Programming).* Closed two acquisitions and one joint-venture adding $10 million in sales. Managed due diligence and post-close merger. Prepared forecasts, synergistic analyses and legal.* Led restructuring that reduced overhead across multiple divisions by over $1 million.* Negotiated reduction in long-term borrowing rate by 250 basis points, net of market forces.* Increased sales by 50% while reducing Bad Debt expense to under 0.35% of sales.* Strengthened inventory control which lowered average cycle count variances from 5% to below 0.10%.* Responsible for all insurance, benefits and legal. Reduced MOD rate from 134 to 104. * Oversaw IT/system migration, Y2K upgrade and RFP process for new website.
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Avp, Director Of MarketingBank Leumi California 1989 - 1993Responsibilities included credit underwriting, financial analysis and customer relations for real estate, corporate/commercial finance and international trade transactions.
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Co-AuthorSams, A Division Of Macmillan, Inc. Sep 1990 - Feb 1991Co-Authored "Quattro Pro in Business" with author, Chris Van Buren. The book was a wild success. Too bad Quatro pro wasn't.
Mark Shmagin Skills
Mark Shmagin Education Details
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Economics -
High School Diploma
Frequently Asked Questions about Mark Shmagin
What company does Mark Shmagin work for?
Mark Shmagin works for Rjt Compuquest, Inc.
What is Mark Shmagin's role at the current company?
Mark Shmagin's current role is V.P. Finance and Operations.
What is Mark Shmagin's email address?
Mark Shmagin's email address is ch****@****bal.net
What is Mark Shmagin's direct phone number?
Mark Shmagin's direct phone number is +131037*****
What schools did Mark Shmagin attend?
Mark Shmagin attended University Of Southern California - Marshall School Of Business, University Of California, Los Angeles, Arcadia High School.
What are some of Mark Shmagin's interests?
Mark Shmagin has interest in Reorganization, Planning, Crisis Management, Cost Reduction, Management Assessments, M&a, Forecasting/budgeting, Restructurings.
What skills is Mark Shmagin known for?
Mark Shmagin has skills like Strategy, Management, Strategic Planning, Forecasting, Leadership, Financial Analysis, Mergers And Acquisitions, Business Planning, Mergers, Finance, Budgets, Analysis.
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