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Leo Levine

Leo Levine

Nassau County, NY

About Me

LEO E. LEVINE 3 Evon Drive, Syosset, NY 11791 ? 516-455-7041 ? CFO/Controller Fiscal Management & Oversight / Budgets / Cost Control / Finance / Risk Mitigation / Systems Architecture / Integration / Infrastructure / Human Resources / Staff Development & Training CAREER HISTORY 1997-2009 Controller Essex Manufacturing, Inc. Managed accounting, finance, MIS, & HR for $70M apparel & home furnishings manufacturer with 200 employees. ? Consolidated Essex locations with long-term lease, achieving 15% savings and improving efficiencies. Manufacturing firm was located in four offices, making communications and operations control difficult. Proposed consolidation. Leveraged excellent banking relationships to negotiate ten-year, under-market lease in prestigious NYC location, including full cost of renovation. Merged operations under one roof in 24 months. ? Reengineered business processes at Essex Manufacturing, improving distribution and lowering costs. Order-to-fill time on Pacific Rim-manufactured goods increased dramatically after 9/11. Proposed changes in production and inventory control. Developed distribution center in California. Overhauled compensation, incentivizing sales and administrative staff. Developed new policy and procedures manual. Lowered overall labor costs 9% during period of 5% sales growth. ? Installed real time order processing for Essex customers, preserving Wal-Mart and other key accounts. Big box retailers converted from face-to-face selling to straight e-processing, phasing out vendors unable to make transition. Led technology initiative to ensure compliance with top-tier customer needs. Negotiated lease financing for single largest equipment investment. Upgraded systems so all employees had e-mail, voice mail and real-time order/inventory status. Awarded substantial Wal-Mart on-going electronic order, receiving citation for Trading Partner of the Year. ? Reorganized 401(k) plan -- annual savings $72K. ? Supervised health insurance -- reduced expenses 2.4%/year. ? Outsourced payroll processing, -- saving $62K annually. 1987 -1997 Controller Sherwood Lumber Corporation Responsible for Finance, HR and Computer Departments for $7M lumber master distributor with 25 employees. LEO E. LEVINE PAGE 2 3 Evon Drive, Syosset, NY 11791 ? 516-455-7041 ? CAREER HISTORY (continued) ? Improved bottom line on administrative costs at Sherwood Lumber, saving 15% in operating costs. Growth efforts in revenues had been successful but required improved recruitment, training, supervision and procedures to support sales effort. Four clerical staff were responsible for 40 sales/service personnel. Developed new organizational structure concurrent with migration to upgraded computer programs. Devised division of labor, tasks, supervision and accountability by clearly defining roles and responsibilities. Administrative costs decreased 15% and need for senior level manager disappeared. Staffs were empowered to manage themselves, reporting directly to Sales Manager. ? Revamped Sherwood Lumber client tracking system, improving client retention to 80%. Old Line Company had antiquated manual methods for logging client history, including call frequency. Developed migration plan, leading staff to organize through alpha and frequency of desired contact indexing system for more than 10,000 documents. Implemented migration to new electronic system. Sales tripled with customer retention rising from low of 50%. ? Made mid-course correction during Sherwood Lumber growth period, tripling ROI. Company growth concerned ownership because existing compensation plans adversely affected ROI as sales increased. Proposed pay-for-performance plan where commissions from residual sales were lower than first year new business commissions. Ownership ROI increased from 4% to 11% and net profit increased 20%. New business jumped 10%. ? Negotiated term and line financing to purchase new equipment. ? Introduced pay for performance plan, rewarding superior sales staff and identifying under-performing employees. 1981-1987 Assistant Vice President – Operations Citibank, NA Managed lock box processing, computer upgrades and nationwide new program roll-out and training for commercial banking leader. Facilitated upgrade for shared services at Citibank, improving branch reporting within six months. Brought all 10 regional branches into using system within 180 days. COMPUTER EXPERIENCE Software – Accpac, Real World, Peachtree, Great Plains, SBT, QuickBooks Hardware – IBM AS400/RS6000 & peripherals, Macintosh, Tablet Operating Systems – Microsoft Exchange 2003, XP / Office Professional, UNIX, Solaris EDUCATION 1986 -- MBA, Finance & Information Systems, Pace University—Lubin School of Business 1981 -- BBA, Accounting, Hofstra University—Frank Zarb School of Business


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