1. Jeff Elias, CPA
709 Holly Court, Norwood, New Jersey 07648
Cell: (201) 723-8758/ Home: (201) 767-0018 Email: JeffElias99@aol.com
PROFILE: Chief Financial Officer with foundation as a Certified Public Accountant.
SKILLS:
- Proven record of accomplishments in the apparel industry resulting in cost reductions, higher
profitability, and improvements in operational efficiency
- Broad-based background in warehousing, distribution, IT, and restructuring
- Proactive decision maker who knows when to take initiatives to maximize growth and profits
- Expertise in analyzing company’s strengths and deficiencies to adapt to changing business
environments, reduce overhead, streamline operations, and strengthen the bottom line
- Exceptional troubleshooter and problem solver
- Integrates entrepreneurial leadership within the corporate setting
- Develops staff to create a sense of self-motivation and team support
EXPERIENCE
WEINICK SANDERS & CO., New York, New York 1977 to 2000
Audit Partner, 1984-2000
Staff Accountant, 1977-1984
Serviced the accounting, business, and financial needs of privately-owned companies whose
volumes ranged up to $300 million
Majority of the clients in apparel and related industries across all segments, from small start-ups to
established companies; Managed an audit team of 15 for this 80-member firm
Assisted in business planning and analysis, mergers and acquisitions, and sales of companies
Advised clients on individual and corporate tax planning and estate planning
Public accounting experience including bank financings, financial statements, cash flow projections
Conducted in-depth analysis on multiple divisions within companies to determine profitability
Analyzed the feasibility of new business opportunities for clients
STARLO FASHIONS, INC., New York, New York 2000 to 2008
Chief Financial Officer
Lead the financial and operational end of a $250 million moderate apparel company with and
organization exceeding 450 employees
Directly managed a staff of 200 in finance, operations, and MIS, providing strategic leadership and
business direction with strict attention to P&L
Successfully positioned the company for sale to a $500 million apparel conglomerate in
2007; collaborated with president on all aspects of preparing the sale to a public company
Restructured the company in response to a changing retail climate
Reduced annual volume by more than 50%, enabling the company to operate profitably
Analyzed the company’s 7 divisions as well as potential new businesses, determined which segments
would strengthen the company and add to profitability
Strategized and implemented cost-saving measures resulting in multi-million dollar savings annually,
including outsourcing warehouse and distribution operations.
Worked closely with 3rd-party bank group, provided updated financial information and projections
Maintained and secured beneficial financing for the company; negotiated favorable lending terms
Initiated new analytical information system, providing sales force with key information for each
account, enabling them to maximize profitability based on individual account performance
Customized and oversaw implementation of computer programs to run daily business operations,
resulting in improved efficiency while saving $500,000 a year
2. Jeff Elias, CPA
709 Holly Court, Norwood, New Jersey 07648
Cell: (201) 723-8758/ Home: (201) 767-0018 Email: JeffElias99@aol.com
Sally Lou Fashions, INC., New York, New York 2009
Chief Financial Officer
Discovered bookkeeping and accounting irregularities which resulted in the company retracting their
previously issued financial statements for the two prior years
Successfully negotiated a new financial arrangement with a national financial company and
implemented overhead reduction plan
Amiee Lynn, INC., Ridgefield, New Jersey 2010 to 2011
Chief Financial Officer
Negotiated new advantageous loan and factoring agreement Successfully negotiated a new financial
arrangement with a national financial company and implemented overhead reduction plan
Helped company sell non-performing division to Steve Maddon Company
Implemented new cost accounting system
Apparel Consulting Ltd., New York, New York 2011-2013
Engagements include: Present
Restructuring: renegotiated new financial arrangement, instrumental in implementing new operating
budget reducing overhead by 30%
Assisted with sale of non-performing division; implemented new cost accounting system
Advising: special tax issues; financial aspects of sale of company; assist start-up company with
creation of business plan and negotiation of financing arrangement
Performed field audits services for various banks and factors
Universal Logistics, Secaucus, New Jersey 2013-2014
Consultant, Chief Financial Officer
Joined company first as a consultant and then as a full-time employee shortly before Chapter 11 filing
Worked closely with bank providing weekly forecast and cash flows
Provided bankruptcy court with information and required reports
Restated prior financial statements that were issued
EDUCATION
SUNY Fredonia, Fredonia, New York
- B.S., Business Administration, Major: Accounting
LICENSES: Certified Public Accountant, State of New York, 1980
References available upon request