CFO with 25+ years of experience in Fortune 500, privately held and start up companies including multinationals. Very stable work history. Comfortable with Boards and hourly workers alike. Background includes manufacturing, retail, telecommunications, and some real estate. |
SUMMARY
Has 25+ years of experience in Fortune 500, privately held and start up companies including multinationals. CFO who is comfortable with Boards and hourly workers alike. Background includes manufacturing, retail, telecommunications, and some real estate. Not a job hopper; stable work history.
EXPERIENCE
Current Employer, 2009 to Present CFO, Managing Member of e-commerce publishing business
Second Most Recent Employer, 1991 to 2009 Responsible for all financial matters for corporate, partnership and LLC entities with over $100 Million of revenue.
CFO, 1996 to 2009
Vice President since 2001 to reflect broad scope of responsibilities
Managed 80+ employees through 4 direct reports
Prepared cash forecasts, budgets and strategic plans using driver based financial models that gave owners, lenders and senior management confidence in their accuracy and utility
Negotiated medium term loans and revolving lines of credit
Successfully defended company positions in IRS audits
Kept risk management expense 11% lower than industry average
Presented financial information at over 60 quarterly owners' meetings
Managed 15 banking relationships for general corporate purposes and for 20+ retail venues
Managed cash and liquidity analysis
Responsibilities included hundreds of real estate leases
Responsible for customer service Served as industry relations point of contact to trade associations
Met with Senators and Representatives in Washington D.C. on an annual basis about industry issues as part of an industry association effort
CONTROLLER, 1991 to 1996
Hired accounting staff, customer service personnel and developed business processes for a start up company
Internal controls I implemented identified two defalcations leading to criminal convictions
Responsible for 401(k) plan administration including Form 5500 et. al.
Implemented a line of business which has generated over $5 Million of pre tax income for over ten years
Responsible for Human Resources for eight years and IT for ten years until growth and profitability allowed hiring additional headcount
Selected and managed the installation of CRM software which provided more functionality and reduced expense by $800K
Developed credit policy which kept write offs 12% below industry benchmarks
Presented testimony to state lawmakers about property tax that contributed to a change in state law from fair market valuation to historic cost valuation which reduced taxes and made them more predictable
Third Most Recent Employer, Houston TX, 1987 to 1991 $20 Billion NYSE company. My division grew at 30%+ each year I was there.
MANAGER OF FINANCIAL RESULTS & ANALYSIS
Three awards for superior employee performance
Trained regional budget managers
Assisted with SEC reporting
Coordinated the external audit of the division
Analyzed investment proposals
SUPERVISOR OF FINANCIAL PLANNING
Developed budgeting and strategic planning system
Supervised three professionals
Assisted with partnership and corporate tax return preparation for over 300 legal entities
Fourth Most Recent Employer, 1980 to 1987 $300 Million international manufacturer and service company. Listed on the American Stock Exchange but majority owned by a European corporation.
SENIOR FINANCIAL ANALYST
Performed special product costing and pricing analyses for senior management
Wrote narrative part of the financial package sent to London Headquarters
Recognized for early identification of a substantial LIFO layer reduction and its negative cash flow impact caused by a manufacturing efficiency program
Evaluated capital expenditure proposals using IRR, DCF, etc.
Evaluated financing alternatives and foreign currency hedging strategies
Assisted with SEC reporting and internal audits
FINANCIAL ANALYST
Developed annual consolidated budgets for 5 U.S. and international manufacturing entities and 25 sales and service entities
Explained manufacturing variances to factory supervisors
Prepared accounting procedures to implement FASB 52
Fifth Most Recent Employer, 1979 to 1980 Multinational manufacturer of oil well drill bits.
COST ACCOUNTANT
Developed standard costs for products manufactured in Dallas and Mexico
Assisted with development of new costing software
Responsible for translation of foreign currency financial statements
EDUCATION & OTHER M.B.A. 1978 B.A., Business, 1976 Certified Public Accountant, Texas Recent training: IFRS |