Reggie Punna

506 Dahlia Circle, Dayton, NJ 08810

Ph: 732-547-8528
Fax: 732-230-2670
Email: rpe1e0c6@westpost.net

EXECUTIVE SUMMARY
Result Oriented Executive with proven Financial Management Expertise
Effective leader with 16+ years of experience in apparel manufacturing, wholesal
e/retail and distribution industry. Adept at financial management and internal c
ontrol. Skilled at directing accounting operations in a multi-company environmen
t. Resourceful problem solver. Outstanding interpersonal, communication, and a t
eam building skills. Intelligent, innovative and analytical.
CORE COMPETENCIES
Strategic Planning Financial Analysis & Reporting Executive Leadership
Internal Control Factoring Finance & Liaison Import & L/C Management
Cash Management Staff Development & Training GAAP Compliances
Regulatory Compliance Budgeting & Cash Flow Optimization HR/PR Management

PROFESSIONAL EXPERIENCE
Colony Sportswear Corporation New York/New Jersey
Sir William Capital Group, LLC
Chief Financial Officer 2007-Present
A licensed collegiate sportswear manufacturing company with over 75 universities
and NFL, NBA teams.
Responsible for transferring the unfavorable six figure bank loan to workable/f
avorable factoring arrangements in less than 3 months and increased cash flow..
Brought-in new investor and increased the working capital.
Reorganized the company infrastructure to increase the productivity and reduced
the expenses.
Reduced overhead expenses by 25%.
Trained and motivated new and existed staff.
Negotiated a favorable credit terms with all vendors thus increased the cash fl
ow.
Introduced internal control and reported monthly financial data to shareholders
.
Established good professional business relationship with Factors and Banks.
Responsible for financial statements and royalty compliances.
Reported directly to CEO
Cresthill Langer, LLC New York/Hon Kong/Miami/Dominican republic/Honduras
VP/Controller: 2006-2007
Multi-million dollar importer/manufacturer, of high-end apparel accessories. The
ir clienteles includes Ralph Lauren, Joseph Abboud, Gap, Target, Leighton Appare
l Hong Kong, Shades of India, Gitman & Co, IAG etc.
Successfully completed special financial project of managing and optimizing the
accounting department of a multi-million dollar parent company with 3 newly acq
uired company in US and abroad.
Coordinated with one of the largest CPA firm with the audits and provided them
all consolidated financial statements.
Established new control and reporting procedures. Trained accounting staff, US
and abroad.
Spearheaded change of finance facility to reflect business needs/cycles, saving
thousands of dollars in interest charges.
Transformed poorly managed, inaccurate financial accounting with sporadic analy
sis and reporting into highly efficient operation, producing full management acc
ounting reports within 7 days of the month-end closing including financial and b
udget variance analysis.
Reviewed and controlled overseas foreign currency collection and transfers.
Renfrew Collection LTD New York/New Jersey
Controller and Chief Financial Officer
Full financial management responsibilities for a brand named designer/manufactur
er/Importer to better-to-bridge womenas sportswear. Representative customers: hi
gh-end specialty and department stores including Neiman Marcus, Nordstrom, Bergd
orf Goodman, etc. Volume: high eight-figure range. Recruited, trained and manage
d administrative and operational staff of 16. Reported to CEO
Managed the accounting and finance team, directed all phases of the accounting
and financial reporting system and policies in accordance with GAAP.
Developed and monitored corporate policies, procedures, and internal control sy
stems to safeguard corporate assets.
Developed and monitored cash management system and maintained sound business re
lationship with factors and financial institutions.
Improved and adopted secure company information technology systems to facilitat
e efficient business development growth.
Provided monthly financial statements and budget variance reports.
Hands-on-G/L,A/P,A/R,P/R,H/R and collection
Successfully negotiated with vendors, factors-CIT/Sterling Factors/GMAC/Rosenth
al & Rosenthal/Hana Financial etc and financial institution-Bank of America/Chas
e Bank/Wachovia Bank etc for favorable terms, rate and credit facilities which g
enerated much needed working capital when company was accelerating with high rat
e of growth in sales.
Increased the gross profit by 16% by out sourcing the production overseas besid
es negotiating a better pricing on all imported raw materials and trims.
Provided management with daily flash report on cash, source and use of cash, sa
les and open order status.
Closed monthly and prepared monthly, quarterly and year-end consolidated financ
ial statements. Coordinated annual audits with outside CPA firm.
Controlled costs while improving quality of products and services by establishi
ng goals for employees and organizational performance, and developing specific p
rograms and policies to attain those goals.
Re-negotiated line of credit and substantially increased dollar value at extrem
ely favorable rates; concurrently increased unsecured line of credit substantial
ly on companyas rapid financial and management efficiency and stability.
Examined and analyzed all financial transaction and records to ensure accuracy
and compliance with GAAP
Introduced cash forecasting model that phased in local/overseas purchasing with
relevant payment terms, which facilitated negotiation with financial institutio
n for short-term increase in finance facility to meet the growing production dem
and.
Implemented and monitored automated payroll processing. Managed Human resources
department, prepared company policy and employee hand book.
Managed companyas 401k plan, Medical Insurance, Liability insurance etc
Maintained excellent close professional and friendly working relationship with
all employees with an open door policy. Evaluated skills and performance and rew
arded generously to motivate their ability which resulted in zero employee turna
round.
Maintained sound business relationship with all out-side sales forces. Disburse
d sales commission on timely manner.
Punna Associates:
Management & Financial Consultant 1991-1992
Sourced and developed diverse small business clientele. Provided accounting supp
orts including converting from manual accounting to computerized system and trai
n their staff. Prepared financial statements, budgets, company policy and proced
ures etc. Clientele includes: Century Packaging Inc, Certified Cylinder Testing,
Inc, West State Inc, Lytell Associates, Inc etc. Installed and trained on the a
ccounting softwear: AccPac, Quick Books, and Dac Easy etc.
R.C.Indstries, Inc (Div of Walter Kidde Corp) New jersey
Accounting Manager 1988-1991
Managed all general accounting functions for a subsidiary of a large over 300 mi
llion dollar holding company with operations in US and Europe. Reported to CFO.
Designed daily cash flow report summarizing inflows and outflows of numerous ba
nk accounts resulting 5% savings in cost of funds
Maintained GL and prepared and approved JE and AJE.
Provided daily factor flash reports indicating the availability of funds
Supervised Accounts Payable and Accounts Receivable
Closed monthly and prepared draft financial statements.
General Optronics Corporation. Edison, New Jersey
General Accountant 1985`-1988
Manufacturer of hi-tech Fiber Optic cables and laser printers called aHoloscana.
Subsequently acquired by a British Technology company in 1988.
Managed all accounting function for a large subsidiary of a billion dollar comp
any
Reported to VP/Treasurer
Handled special accounting projects.

EDUCATION
MS-Accounting

COMPUTER SKILLS
A2000, Garpac/Blue Cherry-Apparel System, Microsoft Excel, Word, Power point and
Access; SAP R/3,Fox Pro-SBT accounting system, Quick Book-Enterprise, MS-Dynami
cs,AccPac, MAS-90, Great Plains, Frx, MS Solomon, Net Suite. Lotus1-2-3.

PROFESSIONAL TRAINING & AFFILIATION

Microsoft SBA Partner, Quick Book Pro-Advisor
SAP Training Center, Philadelphia PA SAP01/R3 October 2004
Computer Associates, Inc Training Center Princeton, NJ AccPac March 1993
Cresthill Langer-In-house training Net Suite Accounting July 2006