THOMAS CURCIO

tocurcio627@gmail.com
973-557-8641
CFO VP / DIRECTOR OF FINANCE - CONTROLLER - ACCOUNTING MANAGER
Corporate finance executive with a broad base of skills and experience, I have an outstanding record driving revenue,
profit and ROI growth for firms in manufacturing, plastics and metals.
Profit Improvement / Growth Strategies / Change Management / Cost Containment / P&L / Financial Reporting &
Analysis / GL Accounting / Strategic Planning / Internal Controls / Process Improvements / Team Building / ERP / HR / IT /
Budgets / GAAP / Tax / A/R & A/P / Multisite Operations / Systems / Financial Planning / HRIS / Benefits Management /
KPIs / Lean Six Sigma / Audits / Contracts / Negotiations / Procurement / Cost Accounting / ISO / Bank Relations /
Treasury / Risk Management / Business Development / Capital Markets / Insurance / Strategic Alliances
Professional Experience:
Dicar, Inc.
1995-2016
Manufacturer of Urethane Products for the Corrugated Industry. Multi-Plant Operations located in New Jersey, Texas and
Netherlands
CFO (2013-2016)
Directed all finance, IT and procurement operations; Managed financial reporting, controls and analysis, accounting,
cash flow management, tax and compliance.
Cost Accounting;
- Established a standard cost system. Worked closely with Plant Management to establish standards and
review mfg. variances including material, labor, and overhead and purchase price variances.
- Established raw material index by category to illustrate price trends.
Managed and Consolidated Financial and Operational Reporting
Budgeting, Cost Management, Profitability and Cost Analysis, Cash Flow Forecasting
Handled all Banking and Treasury operations
Risk Management
Human Resources, Payroll and Employee Benefits, Trustee 401(K) Plan
Managed External Audits
Drove broad-based performance improvements, cutting costs and increase profitability. Responsible for P&L on
revenues to $25M.
Notable accomplishments include:
Implemented new ERP to Boost performance and cut cost
- Replaced an aging, costly and inefficient ERP system. Researched, sourced and negotiated purchase of an
Enterprise 21 solution from TGI. Directed the IT team in installation, configuration, migration, training and golive, including modules for data collection, document management and business intelligence. Cut annual
maintenance costs by $77K, completely covering the costs of the system in less than two years. Significantly
improved performance, efficiency and scalability.
Cut costs & strengthened controls with a cloud-based solution.
- Expense reporting at Dicar was cumbersome, lacked adequate controls and was prone to errors/omissions.
Procured a Concur cloud platform. Configured robust internal controls and accountability into the system and
implemented new processes. Increased visibility and transparency. Achieved virtually 100% compliance with
strict new expense guidelines. Cut T&E and other expenses 10%, saving $50K annually.
VP / Controller (1999-2013)
Directed finance, reporting and analysis, internal control and tax, as well as HR and IT. Led process, organizational and
product improvements, driving rising revenue and profits.
Notable Accomplishments:
Secured new sources of working capital
- Facing tight cash flow during the 2009 recession, Dicar needed access to new flows of working capital. After
strengthening credit risk management, positioned the company to work with factoring firms to negotiate for a

cost-effective asset-based credit line. Obtained $500K in capital credit against receivables from EGC, providing
much needed working capital during the economic recovery.
Transformed product innovation into millions in YoY growth
- Dicar needed to meet customer demand for new products. Assembled a product development task force,
comprising finance, operations, engineering, manufacturing, sales, marketing and engineering leaders, to
explore and commercialize emerging technologies. Drove development of breakthrough fabric-backed and steelbacked blankets. Directed launch of the new products. Generated a 10% revenue increase first year, adding $2M
in sales, and a 26% year-over-year increase, adding $4M in annual sales by year-three.
Improved credit risk management, avoiding major losses
- Concentration of revenues in a handful of accounts posed excessive risks for Dicar, especially if a key client failed
to fulfill its credit obligations or went bankrupt. Revamped risk management processes and credit evaluations,
strengthening due diligence. Secured credit risk insurance from CNA. When a key client, Smurfit Stone Corp.,
filed for Chapter 11 bankruptcy protection, recovered 100% of the receivables at risk.
Directed a successful ISO certification program
- Looking to retain and sharpen its competitive edge and reputation for best-in-class quality, saw the need for
Dicar to enhance its credentials. Directed all phases of an ISO certification initiative, including, documentation,
process improvements and certification audits. Passed all audits with no deficiencies, securing both ISO9000 and
9001 certifications in less than 18 months. Positioned the firm to compete more aggressively for key business.
Leveraged GL enhancements to drive margin gains
- Dicar margins were shrinking and falling below expectations. While reengineering the general ledger system and
processes, saw an opportunity to introduce new tools to capture real departmental and product line costing.
Deployed the new tools to standardize pricing and align it with gross margin targets. Drove a 6% first-year leap
in margins, capturing $1.3M in profits.
Revamped HR, improving efficiency, transparency & compliance
- Weak HR processes and decentralization posed unnecessary risks for Dicar. Recruited an HR Manager. Directed a
centralization initiative, replacing haphazard control of HR by individual departments with a strong enterprisewide unit. Developed rigorous standards, procedures, training and documentation, codifying company policies
and strengthening regulatory compliance. Implemented a PeopleTrack HRIS platform. Enhanced visibility,
transparency, fairness and employee engagement. Improved staff retention and satisfaction while reducing
complaints. Better aligned staffing with broad organizational needs.
R-V Metals
June 1990-October 1995
Manufacturer of Sheet Metal parts to the Aerospace industry
Controller
Management of all Accounting Activity; Financial Statements, Maintain Job Costing, Federal and State Tax
Preparation, Employee Benefit Programs and Management ERP Systems and Network
Key Accomplishments
- Created database to automate quotation process resulted in winning a multi-year contract with a major
Aerospace company
- Implementation of Integrated System including enhanced Job Costing functionality
- Customer Liaison to comply with automated purchasing Imitative
Davey Company
June 1983 January 1990
Controller
Manufacturer of Binders Board - Multi- Plant Operations located in New Jersey, Illinois and Pennsylvania
Management of all Accounting Activity, Consolidated Financial Reporting, Treasury and Banking, Corporate
Federal and Multi-State Tax Returns and External Audits
Education:
Saint Peters University, Jersey City, NJ
MBA, Business and Information Technology
Master of Science, Accounting
Kean University, Union, NJ
Bachelor Science, Business and Accounting

2008

1983