HOWARD MANDEL

Plainview, NY 11803 (516) 641-2137 hjmandel@att.net

CHIEF FINANCIAL OFFICER

Hands-on Chief Financial Officer with CPA, corporate Controller background, and 20+ years private and international company experience in diverse environments. Expertise spans all facets of Finance, international business development, Operations, IT, and Administration. Special emphasis in corporate restructuring and process improvement. Respected leader able to forge consensus among key stakeholders and build teams grounded in goal focus, teamwork and accountability. Areas of Expertise: Strategic/Business Planning Restructuring Workforce Planning Risk Management Debt Financing Treasury Cash Management Systems Implementations Cost Accounting GAAP Compliance Financial Reporting Accounting Operations Change Leadership Budgets & Forecasting

PROFESSIONAL EXPERIENCE EquaMetrics Inc New York , NY SaaS Financial Software Internet Startup.
Chief Operating Officer

March 2013 August 2013

Oversaw all non-system related functions

Establish and Implemented Corporate Policy and Procedures following Best Practices for Accounting, Finance, Treasury, Tax, Human Resources, Legal and Risk Management

RAYTEX INDUSTRIES Woodbury, NY January 2003 March 2013 Private importer/exporter of textiles and apparel to manufacturers and private label customers. Chief Financial Officer Lead full-scope Finance function, including financial planning and analysis, accounting operations, financial reporting, budgets and forecasts, credit and collections, treasury, tax, Human Resources functions (compensation, benefits, employee relations) and IT (implementation of systems, servers, documentation and training). Develop strong relationships with external accountants and bankers. Recruit, develop and manage 7 staff. Reduced workforce ($350K) and improved timeliness of information and decision making by upgrading operational infrastructure/production system to more closely track production against sales orders. Streamlined both manual and computerized procedures. Slashed inventory carrying costs ($100K) and enabled direct factory contact that enhanced quality control and delivery scheduling by establishing a China-based office. Cut bank/interest costs significantly ($150K) by moving company to global bank, negotiating favorable payment terms with international vendors thereby replacing need for letters of credit.

CRYSTAL TEXTILE GROUP New York, NY Private textiles manufacturer and wholesale distributor Chief Operating Officer Chief Financial Officer

March 1995 January 2003

Co-managed Manhattan HQ and manufacturing affiliates in North Carolina. Scope included Inventory Control, Finance, Accounting, Purchasing, and IT oversight with emphasis on gaining production efficiencies. Managed 5 total staff.
Created weekly budget reports that accelerated cost cutting and production efficiencies ($30K). Aligned purchasing and production (by developing a real-time inventory system, a budgeting system, and effective financial tools. Strengthened cash flow ($150K) by refinancing debt to more closely match revenue stream. Improved production and staff efficiency ($130K) by designing new operations processes, and championing and implementing an enterprise wide cross-training initiative.

PREVIOUS FINANCE & ACCOUNTING EXPERIENCE: Controller: Square Sales Corporation 1991-1993 Controller: Step-An Textiles Corporation 1989-1991 Controller: Imported Cars of Greenwich, Inc., 1984-1989 Manager of Financial Controls: CBS Inc 1980-1984 Senior Accountant: Block & Levy CPAs 1979-1980 Accountant: Bernard Pollack & Co, CPAs 1976-1979

EDUCATION & CERTIFICATIONS

BS, Accounting, Long Island University, Brookville, NY Certified Public Accountant (CPA) State of New York

PROFESSIONAL AFFILIATIONS
American Institute of Certified Public Accountants (AICPA)