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James Tinghitella is a seasoned financial professional with extensive experience in general ledger management, auditing, financial analysis, and accounting. He has worked in various roles, including Controller and Finance Manager, and has managed portfolios of products with significant revenue and expenses. He holds an MBA and a Bachelor of Arts in Accounting from St. John's University.

Experience

  • Horizon Engineering Associates, LLP
    • Hauppauge, New York, United States
    • Senior Financial Consultant
      • Apr 2021 - Jun 2021
      • Hauppauge, New York, United States

      •Monthly Close process – Prepare & Post Journal Entries, Reporting of Financials, Balance Analysis and Reviewing Utilization Rates. •Responsible for Cash Management, reviewing open invoices determining which invoices to pay.•Document over 20 Standard Operating Procedures, Processes and Work ...

  • SurveyHealthcare
    • New York, New York, United States
    • Controller
      • Aug 2019 - Oct 2020
      • New York, New York, United States

      •Monthly Close process – Prepare & Post Journal Entries, Reconciling Work-In Process and Points Accrual, Performed month-end analysis of results, identifying, explaining and/or correcting variances to budget and monthly trend. •Prepared Monthly Reporting Package for the Private Equity Firm.•...

  • Service By Air
    • Woodbury, NY
    • Senior Financial Consultant - Temporary
      • Oct 2015 - Aug 2019
      • Woodbury, NY

      • Collaborated with Interim CFO creating a Monthly Close process for previous privately held company SBA, Inc. to meet new reporting requirements set by Radiant Global Logistics, Inc.• Cleaned up balance sheet accounts providing detailed account reconciliations and analysis to parent company, Rad...

  • Sundial Brands
    • Farmingdale, NY
    • Senior Financial Consultant
      • Mar 2018 - Jul 2019
      • Farmingdale, NY

      •Responsible for determining Monthly Trade Spend Accrual on products with annual sales of $300k. Accrual includes deductions for Coop/Promotion, Markdowns, Mis-Ships, Pricing and Coupons, is worth approximately 20% of gross sales.•Provide monthly reporting to Sales team of Trade Deductions in the...

  • The New York Post, a Newscorporation Company
    • 1211 Avenue of the Americas, New York, NY 10036
    • Controller
      • Apr 2007 - Sep 2012
      • 1211 Avenue of the Americas, New York, NY 10036

      Responsible for General Ledger, Accounts Payable, Payroll, Billing and Receivables.•Managerial responsible for 30 employees (6 Direct Reports).•Responsible for reporting divisional P&L to Corporate with yearly revenue of $168.9m (Circulation $93m, Advertising $64.5m and Online $11.9m) and exp...

  • Symbol Technologies, a Motorola Comapny
    • One Motorola Plaza, Holtsville NY 11742
    • Finance Manager - Global Service Division
      • Apr 2006 - Apr 2007
      • One Motorola Plaza, Holtsville NY 11742

      Financial lead for Call Center and Engineering and liaison with Asia Pacific within the Global Service Group.•Improved Asia’s monthly materials forecast model lowing quarterly expenses by 20% or $.5M.•Provide monthly analysis, monthly accruals and monthly reporting on Monthly Close for all three ...

  • ACNielsen Homescan, VNU
    • 6800 Jericho Turnpike, Syossett, New York 11791
    • Finance Consultant
      • Aug 2005 - Jan 2006
      • 6800 Jericho Turnpike, Syossett, New York 11791

      Financial lead for Consumer Panel business unit with annual sales of $93M and annual expenses of $43M.•Improved revenue forecast tool by identifying projects at risk and projects status.•Produced daily revenue updates on projects status, ensured 2005 revenue target was achieved. •Enhanced monthly...

    • Director of Financial Planning and Analysis-Commercial Operations
      • Jan 2002 - Feb 2005

      •Reported directly to CFO, providing direct feedback analysis, evaluating long term and strategic planning opportunities, including Capital Expenditures, Managed Care Contracts, Product Divestitures and Product Acquisitions. •Managed three financial professionals responsible for reporting, creating and analyzing annual budgets, forecasts and quarterly estimates of more than $1B in expense and $125M in revenue. •Provided senior management with monthly updates of potential risk and opportunities.•Generated Sales Force Business Unit budget and forecast totaling $450M for 7 regional offices representing 2,400 sales professional.•Reduced Sales Force expenses by $2.5M by enforcing and modifying car leasing policy.•Reduced Sales Force expenses by $50K by instituting a new phone policy.•Saved $2M in State taxes by payoff remaining years of closed Sales Offices leases instead of subleasing space. •Audited quarterly Field Sales commission payments of $20M, reducing errors and double payments.•Achieved higher levels of accountability and regional reporting with the realignment of the Sales Force.•Modeled and performed due diligence for three company divestitures valued at $65M and for targeted product acquisitions including slow dissolving tablet and cold remedy pill.•Performed buy/lease analysis on laptops resulting in a change of company philosophy, which generated annual savings of $400k.•Created new capital asset logging system to track $2M of assets saving $200k of yearly budget over runs.•Developed new bottoms-up net sales forecasting model for Manage Care contracts resulting in improved accuracy. Lowering monthly rebate accrues by $200k.•Identified common vendors used by several product divisions reducing expenses by $1M. •Formulated, reviewed, evaluated through ROI’s contracting/pricing strategy of four core products. •Reviewed and approved Manage Care contracts with rebate valued at $100M.

    • Manager and Supervisor of Financial Control
      • Jan 1997 - Dec 2001

      •Managed portfolio consisting of three products with a total net sales of $1.9B and expenses of $200M. •Prepared and presented budget to Executive Committee.•Negotiated FTE’s and FTE’s rate with Joint Venture partner. Saved $50k per FTE.•Established company model for Direct to Consumer advertising campaigns.•Validated assumption used in demand forecast model.•Reconciled advertising agency billing hours to budgets and RFP’s on promotional and media jobs. Reduced yearly expenses by $200k, by validating hours worked and authorized to billed amounts.•Support IT Vice president by creating a linking workbook to track budget and actuals for Information Technology, with capability to summarize expenses by either technology or business support.

    • Accounting Manager (and other Accounting Positions)
      • Mar 1987 - Dec 1996
      • 90 Park Avenue, New York NY 10016

      •Supervised four staff accountants responsible for monthly closings, balance sheet analysis, financial reporting and corporate service allocations.•Edited Monthly Balance Sheet Analysis package used by CFO in senior leadership meetings.•Financial team member on product launch of cardiovascular bl...

Education

  • St. John's University, The Peter J. Tobin College of Business
  • St. John's University
  • Chaminade High School

Suggested Services

This profile is unclaimed. These are suggested service rates with 0% commision upon successful connection

Industry Focus. “Accounting and Auditing”

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