Michael Harnaga-Rentas, MBA

VP, Chief Financial & Operating Officer at Artbook | D.A.P.
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Contact Information
us****@****om
(386) 825-5501
Location
New York City Metropolitan Area

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Experience

    • United States
    • Book and Periodical Publishing
    • 1 - 100 Employee
    • VP, Chief Financial & Operating Officer
      • Apr 2022 - Present

      New York, New York, United States

    • United States
    • Book and Periodical Publishing
    • 700 & Above Employee
    • Director of Business Operations & Analysis
      • Apr 2016 - Apr 2022

      New York, New York

    • United States
    • Book and Periodical Publishing
    • 1 - 100 Employee
    • Director of Sales and Inventory Analysis
      • Oct 2015 - Mar 2016

      New York, New York

    • Chief Financial Officer
      • Apr 2014 - Oct 2015

      New York, NY

    • United States
    • Entertainment Providers
    • 700 & Above Employee
    • Associate Director of Operations
      • 2004 - 2013

      New York, NY Led strategic deals and negotiations with high profile companies such as Hachette Book Group, HarperCollins Publishers, and Univisión resulting in cost savings of $2 million and an increase in revenue of $5 million a year. Directed processes for inventory, fulfillment, distribution, billing, returns processing, customer service, and credit and collections. Ensured Supply Chain portfolio aligned with company goals and strategies. Developed overall demand and supply process… Show more Led strategic deals and negotiations with high profile companies such as Hachette Book Group, HarperCollins Publishers, and Univisión resulting in cost savings of $2 million and an increase in revenue of $5 million a year. Directed processes for inventory, fulfillment, distribution, billing, returns processing, customer service, and credit and collections. Ensured Supply Chain portfolio aligned with company goals and strategies. Developed overall demand and supply process to facilitate creation of S&OP environment inclusive of internal and external business partners. Prepared profit forecasts, what-ifs, break evens, and trend analyses related to current business, alternative distribution scenarios, potential acquisitions, and new technologies. Performed monthly close with accounting and finance team. Reviewed financial statements monthly and provided variance analysis vs. forecast and budget. Created and maintained forecasting models. Conducted scenario analysis for new partnership opportunities. Coordinated financial templates, updated expense models, uploaded financials to SAP. Prepared financial analysis and reports for annual budgets. Identified business drivers and financial risks for business development. Provided key financial analysis and strategy for continued growth, investment, product development and distribution. Partnered with Strategic Initiatives Team to develop business models and financial forecasts. Researched, custom-tailored, and implemented company-wide digital asset management system. Worked with internal business partners to revise and enhance current product launch process. Assisted the Executive Team with the divestment of the business by providing ad-hoc reports and strategic analysis.

    • Assistant Director of Inventory Operations & Special Sales
      • 2003 - 2004

      New York, NY Generated $3 million a year in net revenue in special sales with special projects for BMW of North America, UPS, and Starbucks, among others. Served as key planning liaison to third party distributor. Determined and implemented inventory optimization strategies, manage excess inventory, and provide disposition solutions. Maintained demand sales performance reporting to key stakeholders. Collaborated with sales department to establish VMI backlist models that… Show more Generated $3 million a year in net revenue in special sales with special projects for BMW of North America, UPS, and Starbucks, among others. Served as key planning liaison to third party distributor. Determined and implemented inventory optimization strategies, manage excess inventory, and provide disposition solutions. Maintained demand sales performance reporting to key stakeholders. Collaborated with sales department to establish VMI backlist models that consider store types, customer sales, seasonality, store events, promotions, inventory and in-stock goals. Established VMI parameters, calculations and data feeds as they pertain to the accurate generation of replenishment orders, consumer demand, promotional opportunities, cooperative merchandising. Managed metadata, ingestion of digital content, and account access for proprietary applications.

    • Manager of Inventory Operations & Special sales
      • 2002 - 2003

      New York, NY Created custom products for specific retailers or other accounts. Managed sales reporting application for sales force and sales management. Performed ad-hoc reports to support various operating groups. Performed trend analysis for physical and digital product lines to proactively identify opportunities and exposure points. Coordinated orderly production of physical books for replenishment and promotions. Monitored shipping of accounts according to… Show more Created custom products for specific retailers or other accounts. Managed sales reporting application for sales force and sales management. Performed ad-hoc reports to support various operating groups. Performed trend analysis for physical and digital product lines to proactively identify opportunities and exposure points. Coordinated orderly production of physical books for replenishment and promotions. Monitored shipping of accounts according to point-of-sale ratio and reconcile against current stock.

    • Operations Supervisor
      • 2001 - 2002

      New York, NY

    • Operations Administrator
      • 2000 - 2001

      New York, NY

    • Operations Analyst
      • 1999 - 2000

      New york, NY

    • Marketing/Sales Assistant
      • May 1997 - Dec 1998

      Analyzed monthly and annual performance; Created and analyzed spreadsheets to report performance ratings; Prepared monthly updates and translations to Spanish ; Served as a liaison between Latin America clientele and corporation

    • United States
    • Retail Office Equipment
    • 700 & Above Employee
    • Sales/Operations Manager
      • May 1993 - Apr 1997

      Oversaw inventory control functions; Reviewed and verified P&L date; Managed 50 employees; Implemented training course for new recruits, speeding profitability; Increased sales from $7 million to $10 million

Education

  • Fordham Gabelli School of Business
    MBA, Management & Finance
    2009 - 2011
  • Fordham University
    BA, Organizational Leadership
    2008 - 2009
  • Colegio Ponceno
    High School
    1987 - 1992

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