Jonathan Toubian
Sherman Oaks
Summary
Highly accomplished, results-driven senior financial management executive with more than 15 years of progressive experience in finance and operations management within startups and multi-million dollar organizations. Demonstrated ability to streamline business operations that drive growth and increase efficiency and bottom-line profit. A strong track record for performance and profit. Proven success as a turnaround expert with talent for leading teams through change. A creative visionary with exceptional ability to communicate and motivate. Strengths include general ledger, financial statements, financial analysis, budgeting, inventory and cash management, growth strategy development, investor relations and internal and external reporting.
Overview
21
21
years of professional experience
Work History
Corporate Controller
Ildico Inc. dba Richard Mille Americas, Westime
05.2022 - Current
- Manage a team of 4 accountants and 6 logistic/inventory members, overseeing day-to-day treasury duties for 32 accounts and entities.
- Implemented new POS and ERP software across 16 locations, streamlining financial efficiencies and preparing consolidated financial statements.
- Collaborated with audits related to tax agencies, handled financial reporting, and managed banking and investor relations.
Chief Financial Officer
FMB Development
12.2016 - 02.2022
- Oversaw all finance and accounting functions at FMB Development, including budget preparation, cost analysis, and financial reporting.
- Managed a real estate portfolio worth $500,000,000 and successfully coordinated capital syndication of over $250,000,000.
- Implemented processes to reduce month-end close from 20 to 5 days, improving efficiency and accuracy.
Assistant Controller
Bluefly
11.2015 - 12.2016
- Maintain full charge of all accounting functions including Cost Accounting, Accounts Payable, Accounts Receivable, General Ledger, Financial Reporting, Fixed Assets, Inventory Control, and Payroll. Manage staff of 5 and control $20.5M capital project.
- Work closely with business managers to review costs, reconcile variances and identify areas for productivity and cost improvement.
- Perform comprehensive variance analysis and determine root-cause for each significant variance.
- Examine standard costs against actuals to identify process inefficiencies, improvement opportunities and low-profit products.
- Key contributor to annual budget process, working with various department heads to review historical activities, trends, and future obligations.
- Recognized for saving plant approximately $500K due to better identification of product flow that resulted in a change in accounting methodology.
- Manage month-end closing cycle. Organized processes and procedures to support 40% reduction in month-end close from 5 to 3 days.
- Key member of AP and GL/Financial Reporting modules.
- Teamed with internal auditor and Controller to revise internal inventory reporting processes resulting in reconciliation of ongoing variance affecting 8 plants.
- Documented reconciliation process in support of best practices.
- Managed physical inventory process and identified warehouse layout improvement that increased efficiency and alignment with financial ledgers.
- Oversee Accounts Payable operating and approval process to support production of over 150 checks weekly. Authorized check signer, approve all wire transfers over $1M.
Interim Controller
Le Pain Quotidien
08.2013 - 11.2015
- Consulting engagement as the financial controller.
- Managed all aspects of the financial close and internal reporting process and identified opportunities for improvement within the close process and across the finance function generally.
- Implementation of more disciplined close procedures to ensure accurate reporting that met deadlines.
- Improved accuracy of inputs into accounting by establishing responsibility for data in the associated business process together with appropriate controls, reducing the need for such procedures previously performed by accounting during the close.
Founder/CFO
Keep It Kosher
04.2011 - 08.2014
- Found and developed a startup company which reached high revenues and the expansion of 28 locations in the short period of 2 years.
- Delivered profit-driven revenue models. Developed business and functional requirements for products.
- Successfully lead business development efforts. Performed business and cost analysis.
- Analyzed market segments and created effective business and marketing plans.
- Developed marketing and sales communication strategies.
- Developed business planning strategies to reach revenue goal of over $2 million.
- Oversaw activities related to payroll tax, account payables/receivables, and Customer billing, account development.
- Forecast weekly sales and costs, determined area for immediate cost improvement daily.
Assistant Financial Controller
Canvas
02.2007 - 04.2011
- Managed all finance and accounting activities for the entire US operation, consisting of 18 states and 9 districts.
- Directed team of over 220, office managers, supervisors, sales staff, and administrative employees.
- Developed business planning strategies to reach revenue goal of over $25 million while controlling a $1 million expense budget.
- Oversaw activities related to payroll tax, account payables/receivables, and Customer billing.
- Forecast weekly sales and costs, determined area for immediate cost improvement daily.
Senior Analyst
Approved Capital
09.2004 - 08.2007
- Private Equity
Education
Finance, General
NYU Stern School of Business
01.2007
Finance, General
New York University
01.2003
Skills
- ERP Implementations
- Asset Management
- Revenue Analysis
- ERP system expertise
- General ledger management
- Account reconciliation
- Internal controls development
- Cash flow management
- Internal control management
- Risk management
- Fixed asset management
- GAAP
- Revenue recognition
- Financial forecasting
Timeline
Corporate Controller
Ildico Inc. dba Richard Mille Americas, Westime
05.2022 - Current
Chief Financial Officer
FMB Development
12.2016 - 02.2022
Assistant Controller
Bluefly
11.2015 - 12.2016
Interim Controller
Le Pain Quotidien
08.2013 - 11.2015
Founder/CFO
Keep It Kosher
04.2011 - 08.2014
Assistant Financial Controller
Canvas
02.2007 - 04.2011
Senior Analyst
Approved Capital
09.2004 - 08.2007
Finance, General
New York University
Finance, General
NYU Stern School of Business
Similar Profiles
Ryan EaglinRyan Eaglin
Owner/President Annuity and Life Insurance Agency at Eaglin Financial Services DBA Americas AnnuityOwner/President Annuity and Life Insurance Agency at Eaglin Financial Services DBA Americas Annuity
Micah HudsonMicah Hudson
Table Games Dealer at Grand Casino Mille LacsTable Games Dealer at Grand Casino Mille Lacs
Nicole HarderNicole Harder
Talent Acquisitions Specialist at Grand Casino Mille Lacs & HinckleyTalent Acquisitions Specialist at Grand Casino Mille Lacs & Hinckley
Kelsie HorethKelsie Horeth
Customer Service Manager at Regal Credit ManagementCustomer Service Manager at Regal Credit Management
Kristopher OrigelKristopher Origel
Branch Service Representative at SMBC ManubankBranch Service Representative at SMBC Manubank