ANGELA ALVINO
Valley Stream,New York
Summary
Action oriented leader with a strong track record of performance and productivity in a multi channel industry. Utilizing keen analysis, insights and team approach to drive organizational improvements and implement best practices. Strong interpersonal skills, capable of resolving multiple and complex issues and motivating staff to peak performance. Versatile accounting professional with talent for developing accounting policies, procedures and systems from ground up. Hardworking, results-focused and forward-thinking financial expert. Over 25 years of building and mentoring accounting teams.
Overview
46
46
years of professional experience
Work History
Chief Accounting Officer
CITY WINERY, LLC
New York, NY
01.2017 - Current
- City Winery is a multiunit large scale hospitality group which includes 300-400 seat performance venue with sit down dinner service, restaurant service and private event space
- Preparation of monthly and annual financial statements in accordance with GAAP for 12 restaurants
- Provide explanations and analysis of variances from budgeted expectations to company managers and executives. Suggest key budgetary changes to increase company profits.
- Responsible for establishing and measuring key performance indicators, including product mix, PPA, monthly guest count and sales by revenue center across multiple restaurant units
- Directed the monthly, quarterly, and annual strategic planning, budgeting and forecasting process, collaborating with General Managers and Operations teams to set sales targets and expense and payroll budgets
- Prepare weekly, monthly and quarterly venue and corporate cash flow projections
- Analyze and reconcile month end inventory submissions for food, beverage, winery and merchandise
- Audit any inventory variances and identify inventory shrinkage
- Transitioned from QuickBooks to Restaurant 365 for GL reporting
- Oversee system administration and transitioned company from Aloha Enterprise POS to Toast
- Provide cash and treasury management, including managing all banking relationships, cash forecasts, bank account reconciliation for 20 bank accounts and managing the corporate credit card expenditures
- Oversee weekly payroll processing procedures and compliance
- Responsible for all accounting functions of the company, including but not limited to Accounts Receivable, Accounts Payable, Tax & Compliance, General Ledger accounting and financial reporting
- Supervise and train corporate accounting team of 7 employees and 3 remote employees across our locations
- Responsible for yearend audit and is the liaison with outside audit firm and tax accountants
- Promoted from Vice President of Accounting to Chief Accounting Officer after first year
- Experience with Restaurant 365, QuickBooks, Craftable, Tripleseat, Audienceview and Toast.
Senior Vice President of Finance
01.2006 - 01.2016
- Promoted to Vice President, from Controller, to oversee multiple departments and 15 direct reports, in addition to continuing all previous Controller functions
- Heads numerous efficiency improvements, leads monthly and weekly meetings with staff, and conducts semi-annual staff reviews and bonus/salary recommendations
- Implements Technology Improvements:
- Led efficiency improvements and technology integration, including upgrading Great Plains accounting system
- Developed and deployed a project tracking and budgeting system to accurately track costs
- Created and customized a digital revenue tracking system to meet the specific needs of the company
- Royalty, Publishing, and Mechanical Licensing functions:
- Oversaw preparation of all artist, master use, mechanical, publishing, and joint venture royalty statements
- Developed annual forecasts for R&T Publishing, prepared monthly NPS analysis and new signing analysis, and oversees preparation of semi-annual songwriter statements and day to day administrative duties
- Prepared financial analysis for all potential signings and provides advice about potential deals
- Point person for all artist, publisher and Harry Fox audits
- Manages Manufacturing and Digital Delivery:
- Researched new manufacturers and headed a plant change that led to a significant per unit reduction
- Monitored and reviewed overstocked inventory and determines scrap quantities, while collaborating with sales and project development to ensure consistent stock levels
- Supervised digital delivery of all releases
- Collaborated on the development and implementation a customized digital metadata database
- Manages A&R Administration:
- Coordinated with artist management/producers on recording budgets, while tracking all actual recording costs
- Oversaw asset collection and metadata delivery.
Controller
01.2000 - 01.2006
- Directed and oversaw all Financial, Budgeting, Forecasting, Cash Management, and Compliance functions, including completing journal entries, reconciling petty cash, preparing monthly sales tax forms, and a variety of administrative duties
- Monitored and reviewed account and inventory reconciliations, prepared overhead budgets, delivered monthly forecasts, and produced daily and monthly cash flow projections
- Supervised the preparation of all financial data required by external auditing firms on a yearly basis
- Oversaw monthly close process for several divisions and prepared monthly accounting statements for distributed companies
- Reviewed and analyzed account reconciliations for all balance sheet accounts and various profit/loss accounts
- Prepared monthly, quarterly and annual sales and expense forecasts for all company divisions
- Updated forecasts on a timely basis to reflect current activity, and prepared forecasts and breakeven analysis for all projects
- Generated and delivered monthly forecasts and actual data for outside investors
- Developed and implemented company’s Travel and Entertainment policy
- Prepared monthly and weekly cash flow analysis
- Managed the corporate American Express program.
EDEL RECORDS Controller
RAZOR & TIE DIRECT, LLC
New York, NY
01.2000 - 01.2016
Senior Financial Analyst
BMG CLASSICS AND JAZZ
New York, NY
01.1998 - 01.2000
POLYGRAM CLASSICS Senior Accountant
New York, NY
01.1998
EMI RECORDS Royalty & Senior Accountant
New York, NY
01.1996 - 01.1998
Staff Accountant
REVILLON FURRIERS
New York, NY
01.1992 - 01.1996
Education
Bachelor of Arts - Accounting
Pace University
Skills
- Accounting and Financial Controls
- Budget Planning & Management
- Financial Reporting and Analysis
- Risk Assessment & Management
- Manufacturing and Inventory Controls
- System and Technology Utilization
- Accounting Policy and Control
- Audit Preparation
Timeline
Chief Accounting Officer
CITY WINERY, LLC
01.2017 - Current
Senior Vice President of Finance
01.2006 - 01.2016
Controller
01.2000 - 01.2006
EDEL RECORDS Controller
RAZOR & TIE DIRECT, LLC
01.2000 - 01.2016
Senior Financial Analyst
BMG CLASSICS AND JAZZ
01.1998 - 01.2000
POLYGRAM CLASSICS Senior Accountant
01.1998
EMI RECORDS Royalty & Senior Accountant
01.1996 - 01.1998
Staff Accountant
REVILLON FURRIERS
01.1992 - 01.1996
Bachelor of Arts - Accounting
Pace University
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