Steve Wolf Email & Phone Number

• Chief Financial Officer – HOME LINE FURNITURE / PHOENIX FURNITURE INDUSTRIES LLC 2011 to 201260-year-old multi-generational family businesses and start-up venture specializing in residential furniture wholesale/retail.
• Developed a business restructuring plan for Home Line Furniture and worked with former owners to secure additional capital infusion, as well as with lenders on concessions and workout of existing credit facilities.
• Collaborated with bank appointed workout team on inventory valuations and other financial activities to liquidate $11M in Home Line Furniture assets and exit facilities in Chicago and Philadelphia.New Venture Start-Up
• Formulated the strategic point of view, prepared income statements, balance sheet and cash flow projections, and designed a 3-year business plan to launch a new business.
• Created an offering memorandum and led capital raising efforts. Secured $2.25M in private investment to fund business start-up and first year of operations.
• Designed and implemented a cutting edge cloud-based SAGE 300 ERP solution, implemented sophisticated financial and performance management systems and developed detailed financials by location and cost center.

Bridgewater, NJ, US

• 200+ year old UK-HQ’d company designing and producing high quality pottery/stone tableware/cookware * Appointed by the European parent company as the top financial and operational executive with oversight for a $10M+.
• Immediately improved the integrity, accuracy and timeliness of financial information and business reports, and expanded dashboards to include detailed analytics and tools on sales, profit, cash flow and other key.
• Instituted in-depth weekly and monthly business reviews, enabling a small business to effectively operate in a climate of limited capital, constrained cash flow and ongoing economic/market downturn.Team Building &.
• Reviewed human resources policies and programs and implemented new healthcare policy, which mitigated rising costs without degrading employee benefits.* Evaluated every major expense item and implemented new controls.
• Leveraged import/export and global supply chain management experience to revamp sourcing, warehousing and logistics. Changed vendors and restructured contracts from fixed fee to variable cost structures based on sales.

• $30M US distributor of high-end consumer products for UK manufacturer under Royal Worcester, Spode and Caithness brandsRecruited to introduce fiscal discipline and integrity into the US financial group. Built strong.
• Introduced financial leadership and effected prudent decisions and strategic actions in financially distressed environment.
• Decreased overhead costs 5% through process improvements and IT systems that improved the integrity and timeliness of forecasts, budgets, P&Ls, cash flow, management dashboards and corporate/parent company reports.
• Focused the business and financial team on better inventory and accounts receivable management.
• Analyzed profit margins by product and customer. Creating tracking and reporting systems to gain a better control over management of 2K+ SKUS and 1K+ accounts.
• Partnered with PriceWaterhouseCoopers during corporate restructuring/shutdown to monetize assets through inventory sale and A/R collections, which maximize proceeds for secure lenders.Operational Leadership & Financial.

• $150M publicly traded consumer goods manufacturer, wholesaler and eTailer formed through merger of Ryka-KPR Sports Int’l Lead Finance Executive during rapid growth, reorgani¬zation, M&A and evolution to eBusiness.
• Built revenues of 2 key product lines and wholesale business from $50M to $135M+ and turned $5M annual loss to $6M profits within 3 years.
• Supported early expansion into dotcom market by negotiating strategic partner¬ships with high-profile online retailers including the Sports Authority and Athlete’s Foot.
• Recruited a top-flight management team, and integrated 2 product lines and the wholesale distribution groups into a cohesive corporate structure. Relocated Boston operations to HQ in Pennsylvania following merger.
• Implemented financial controls and upgraded financial analysis, tracking and reporting systems to improve the timeliness and accuracy of critical information to support continued business expansion and.
• Identified, structured and negotiated private-public financings, goods acquisition/resale transactions and offering memoranda for the sale of the wholesale and reseller business operations for a significant return.

• Privately held consumer goods corporation; former subsidiary of Reebok InternationalPartnered finance with operations to achieve performance objectives during period of rapid growth ($20M to $50M), major market.
• Built the financial organization, hiring new talent in finance, credit, collections, customer service and IT. Drove forward a common vision and instilled strict accountability for performance and profitable growth.
• Provided strong financial guidance and business reviews with Reebok CEO and new owners. Managed internal/external relationships during due diligence, contract structuring and negotiations during business sale.
• Negotiated a $600K purchase price reduction on over-valuation of inventory assets. Identified buyer and negotiated profitable sale of obsolete inventory for $2M within 90 days.

New York, NY, US

Bs Accounting, Accounting

High School

Bachelor Of Science (Bsc), Accounting