==================================================
CHIEF FINANCIAL OFFICER/ CPA/ MBA
==================================================
Results oriented senior financial and operations executive with a strong track
record increasing profitability and market share through exemplary strategic
planning and hands-on financial management. Known for cultivating business
relationships and building employee teams, results consistently exceed corporate
expectations.
Skills include: strategic planning, acquisitions, investor relations, process
improvement, multi-site operations, information technology, marketing, human
resources, financial management, SEC reporting, risk management, Sarbanes Oxley and change management
==================================================
PROFESSIONAL EXPERIENCE
MACQUARIE AMERICAS PARKING CORP. – Downey, CA 2003 – 2007
Business – Subsidiary of Macquarie Infrastructure Company (NYSE-MIC), a newly formed holding company that went public in late 2004. Business had revenues of $80 million and was comprised of 30 off-airport parking locations serving 20 airports across the country
Chief Executive Officer / Chief Financial Officer / Director
Responsibilities included: P&L management, change management, SEC reporting, SOX compliance, M&A, strategic planning, capital planning, $200 million debt portfolio, accounting, finance, tax, IT, human resources, sales, marketing and operations.
Achievements
*Facilitated the successful IPO of the holding company, Macquarie Infrastructure
Company in December 2004
* Established a risk management framework that achieved compliance with Sarbanes Oxley requirements within one year and a 55% reduction in insurance premiums over two years
*Oversaw expansion of the business from eight locations ($20 million revenues)
to 30 locations ($80 million revenues) in three years
*Delivered strong operating results in 2006 with revenue growth of 27%
(comparable locations of 7%) and EBITDA growth of 45% (comparable locations of 19%)
*Spearheaded the integration of three separate portfolio companies into a single
operating unit and implemented new accounting, budgeting and financial reporting systems, resulting in a reduction of $1.5 million in SG&A expense
*Led the effort to identify, assess and select a new national brand and
developed the strategy to support the national roll out in 2007
*Designed and launched a new integrated website consolidating seven unique
websites and eliminating redundant hosting locations, reducing costs by $250,000
*Instituted a due diligence process that was utilized in the successful
acquisition of two portfolio companies as well as several individual
transactions totaling $130 million
*Implemented performance standards and assessments to achieve annual operating goals
*Coordinated the refinancing of the firm’s $200 million loan portfolio, which
resulted in a 24% reduction in the base interest rate of the new combined
facility
JEFFERSON WELLS INTERNATIONAL- Irvine, CA 2001 - 2002
Business – A wholly owned subsidiary of Manpower, Inc., a $12 billion (NYSE-MAN) company specializing in consulting solutions in the areas of internal audit,
accounting, tax, IT, cost recovery and business process improvement for both
public and private companies.
Regional Managing Director
Responsibilities included: P&L management, change management, strategic
planning, forecasting, budgeting, personnel and practice development within all
core service lines and business development for Southern California.
Achievements
* Spearheaded the turnaround of the regional office, increasing revenues by 32% and reducing operating losses by 350%
*Assisted multi-national restaurant and retail clients in franchise compliance
and revenue verification as Retail Practice Development Lead
*Participated in National Task Force for cost recovery initiatives that resulted
in over $500 million in realized client savings
MUSICIAN.COM INTERNET NETWORK- Westlake Village, CA 2000 - 2001
Business – A subsidiary controlled by Guitar Center, a $900 million (NYSE-GTRC) company that was formed through the merger of four distinct internet technology business ventures in anticipation of an IPO. The three operating units provided internet technology development services, internet marketing and on-line sales of musical instruments and a new on-line artist development platform.
Chief Financial Officer
Responsibilities included: P&L management, financial reporting, strategic
planning, capital formation, treasury, tax planning, forecasting, budgeting,
financial modeling, IT, legal, human resources and investor relations.
Achievements
* Implemented new accounting system and integrated the financial records of four businesses in preparation for IPO filing
*Developed business plan, financial projections and road show presentations to
secure venture capital funding
*Consolidated operating units and instituted business process improvements and expense controls, which decreased monthly costs by 45%
HYETT CORPORATION - Los Angeles, CA 1995 - 2000
Business – Privately held and comprised of several business units including:
multi-line chain of retail stores, consumer finance and real estate holding
company.
Chief Financial Officer / General Manager
Responsibilities included: P&L management, financial and strategic planning,
accounting, information systems, banking relations, human resources, legal and
store operations.
Achievements
*Spearheaded the turnaround of a business headed for bankruptcy by implementing financial and operational improvements
* Launched a new brand and reduced overhead by 30%, which restored the firm to profitability within three months
* Doubled revenues in less than three years by introducing new services and
marketing programs
* Restored credibility with the financial partners, obtained new lines
of credit, and vendor merchandise programs
* Marketed and negotiated the sale of the company's strategic assets
CENTRAL TV FURNITURE & APPLIANCE - Commerce, CA 1989 - 1994
Business – Privately held and comprised of several business units including:
$125 million multi-line chain of retail stores, captive insurance, consumer
finance and real estate holding companies.
Executive Vice President – Finance and Administration / CFO / Director
Responsibilities included: P&L management, investor relations, regulatory
compliance, syndicated lines of credit totaling $83 million, financial and
strategic planning, M&A, IT, internal audit, credit and collections, human
resources, purchasing and distribution.
Achievements
* Designed a strategy for the establishment and expansion of a consumer finance division, which was later spun-off and taken public
* Created the strategic plan to expand the consumer finance division into travel
services, insurance, retail auto sales and rent to own businesses
* Conducted the due diligence and negotiations, structured the financing
for the acquisition of a $25 million chain of retail stores
*Executed the change management strategies to transform the family-run business
LEO'S INDUSTRIES, INC. - Long Beach, CA 1987 - 1989
Chief Financial Officer/Controller
ARTHUR ANDERSEN & COMPANY - Los Angeles, CA 1982 - 1987
Audit Manager
EDUCATION
UNIVERSITY OF CALIFORNIA - Los Angeles, CA
Masters in Business Administration
BOSTON COLLEGE - Chestnut Hill, MA
Bachelor of Science - Accounting
*CPA Certification in Massachusetts |
