JAMES MARX 5 Ash Street Phone 339.227.2698 Woburn, MA 01801 jm11ff690@westpost.

net CONTROLLER / DIRECTOR OF FINANCE Strategic & Tactical Leadership / Significant Revenue & Profit Performance Strategic and action-oriented finance and operations leader with proven success in creating processes, restoring profitability, and directing programs to maximi ze revenue in order to save organizations millions of dollars. Strong financial competencies with expert performance in building project teams, mitigating risks , and significantly improving operational efficiencies. Strong and decisive lead ership competencies, yet flexible in responding to constantly changing organizat ional demands. Outstanding interpersonal and mentoring skills. Expertise include s: Change Management / International Business / Budgeting / Cost & Benefit Analysis / Financial Analysis / Internal Controls / P&L Expense Control / Process Improvement / Strategic Planning & Sourcing / Cost Red uction / Start Ups & Turnarounds Accounts Payable & Receivable / Team Leadership / Project Management / Reporting / Restructuring Leading Project Teams to Reduce Expenses, Increase Revenue, and Improve Operatio nal Performance MBA in Finance PROFESSIONAL EXPERIENCE: FUEL TECH, Hooksett, New Hampshire / Warrenville, Illinois 2007 to 11 /2010 Industry leader in air pollution control systems for Nitrogen Oxide reduction an d boiler fuel treatment a" Company has 165 employees and generates $80 million in annual revenue (3 US locations, 1 Milan, Italy & 1 in Beijing, China). Director of Procurement High-profile leadership position directing all supply chain management; approved drawings to delivery of fabricated products to project site. Responsible for fa bricated product QA/QC & gross margin pricing (VS proposal GM), and new proposal pricing. Key member of Company Integration Team. Reported directly to VP of Ope rations. a Developed strategic sourcing strategy that increased supplier base by 500% to support 95%+ annual sales growth ($13M to $48M from 2006 to 2008). a Captured new sub-market business and increased profit margins by 13% by develo ping cost-plus-pricing strategy; successfully maintained major utilities sub-mar ket pricing margins. a Instrumental in successful $24M acquisition negotiation (Fuel Tech acquired AC T); point-contact on data due-diligence. Worked in cooperation with new operatio ns team (post acquisition) to ensure smooth procurement process integration. AVERY DENNISON, Framingham, Massachusetts 2003 to 2007 Fortune 500 Co. with $6.7 billion in annual sales and 36,000+ global employees ( NYSE: AVY). Regional Controller / Finance Manager, Retail Information Systems (RIS) division in the print industry.

Recruited by $600M division of Avery Dennison to direct staff of 15 across 3 RIS locations. Full responsibility for AR, AP, CA, GL, FPA, and overall Finance per formance. Led North & South America Finance teams focused on spending trends, ma nufacturing ramp ups/downs, and special RIS division projects. Reported directly to the Senior Director of Finance.

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a Key member of Regional consolidation team that achieved exceptional results: a"Reduced fixed asset base from $25M to $15M by developing downsizing program in response to facilities cost-saving relocation; consolidated locations from 5 to 3, and decreased headcount from 850 to 250 (24 months). a"Reduced losses from $14M to less than $4M by implementing restructuring progra m (promoted to aRegional Controllera 6 months into program) in cooperation with local management. a"Increased employee sales productivity by 40% ($100k-$140k) & reduced working c apital 70%. a Led global project team of 20 across 4 countries (5 locations) to design, deve lop, and implement web-based pricing model that improved pricing efficiencies an d reduced internet bid pricing from 17 to 4 days; model/program is still used to this day. Directed 6-month Sarbanes-Oxley compliance project as Project Manager . a Ensured management goals were achieved by implementing budgeting & forecasting consolidation process. Developed highly-effective software training processes f or Controllers. a Reduced local staffing requirements by 25% as Team Implementation Lead on new general ledger. SYCAMORE NETWORKS, Chelmsford, Massachusetts 2002 to 2003 Telecom network equipment manufacturer with $38 million in 2003 sales and 370+ e mployees. Finance Manager & Cost Accounting Manager Responsible for cost accounting, internal forecast consolidation, and bottom-lin e corporate financial results. Additionally, performed business analysis for IT, Facilities, and G&A cost centers for major Telecom equipment client; utilized O racleas standard cost system. Reported to the Director of FPA. a Led inventory reduction team to successfully develop and implement cost-saving s programs that significantly reduced gross inventory from $100M+ to less than $ 25M within 12 months. Analyzed sales proposals to identify discounting, gross ma rgin, and impact on inventory. a Instrumental in reducing main products cost by 40% (in 9 months) as key member of the Cost Reduction team; reduced material costs, improved manufacturing cost s, performed engineering redesign. a Directed forecasting consolidation process (emphasis on cash-flow) and success fully created/implemented forecasting model that improved operational performanc e. Developed & consolidated annual budget process. PREVIOUS PROFESSIONAL EXPERIENCE: Cost Accounting Manager a" KOCH MEMBRANE SYSTEMS, Wilmington, MA (2001 to 2002)

Sr. Financial Analyst & Cost Manager a" INFOLIBRIA, INC., Waltham, MA (2000 to 2001) Cost Accounting Manager & Finance Analyst a" GENRAD, INC., Westford, MA (1997 t o 2000) Senior Business Analyst/Financial Analyst a" WRIGHT EXPRESS CORP., South Portla nd, ME (1995 to 1997) Manager, Financial Planning & Analysis a" IMMUNOGEN INC., Cambridge, MA (1992 t o 1994) EDUCATION: MBA a" Finance UNIVERSITY OF MASSACHUSETTS AT LOWELL, Lowell, MA (1991) BSBA a" Finance UNIVERSITY OF MAINE AT ORONO, Orono, ME (1983) AFFILIATIONS: Member Institute of Management Accountants, MA Route 128 Chapter Scoutmaster Boy Scouts of America, Boston Minuteman Council