Highly accomplished executive with excellent professional track record for C-level positions in finance. Proven ability to direct all aspects of financial operations, planning, budgeting, forecasting, and analysis. Expertise training/leading cross-functional teams in implementation of organizational systems, policies, and procedures. |
Chief Financial Officer (CFO) & Controller
Highly accomplished executive with excellent professional track record for C-level positions in finance. Proven ability to direct all aspects of financial operations, planning, budgeting, forecasting, and analysis. Expertise training/leading cross-functional teams in implementation of organizational systems, policies, and procedures. Demonstrated skill in vendor contract negotiation, operational turnarounds, and corporate mergers.
* Financial Management * Budgets & Forecasts * Enterprise Resource Planning (ERP) * Cost Controls & Reduction * Accounting * Management Information Systems (MIS) * Business Operations Management * Organizational Change * Financial Reporting
PROFESSIONAL EXPERIENCE
VIDEO PRODUCTS GROUP, Camarillo, California 2005 to 2006
Manufacturer of video transmission equipment with $15 million in revenues and 50 employees.
General Manager
Hand-selected by company owner to improve company operations prior to sale, managing functions of all departments. Outsourced manufacturing and implemented demand pull supply chain system to improve lead times and reduce costs. Established strategic supplier alliances, negotiated agreements, and communicated critical data to partners. Developed supply chain arrangement to enable Lean manufacturing and enhance efficiency.
* Recommended and implemented successful outsourcing models.
* Reduced space requirements and employees payroll expenses while concurrently acquiring additional business.
RAYPAK, INC., Oxnard, California 1981 to 2004
$100 million pool and spa equipment manufacturer with 500 employees.
Vice President / Controller
Prepared budgets, financial forecasts, financial reporting, and strategic long-term plans to manage company operations and ensure organizational growth. Administered cash management, credit, collections, tax planning, 401(k), legal claims, risk management, MIS, and HR. Developed cash flow forecasting processes based on trend analysis, accounts payable, and financial plan data. Created management inventive plan, enhanced company benefit packages, and recommended non-qualified salary deferment program adopted by $2 billion parent company for all salaried employees. Designed and distributed finance and accounting procedures manual. Implemented Just In Time inventory techniques to improve inventory turns. Directed ERP implementation, achieving 100% ROI within 3 years. Researched and deployed software systems and applications. Spearheaded ISO9001 implementation and certification. Drove merger and privatization efforts.
* Integral role in growth from $20 million to $100 million through reengineered operations.
* Turned around ongoing loss to 12% net income, doubling industry average.
* Turned $17 million loan balance into $90 million positive balance earning $3 million per year.
* Obtained over $1 million in annual savings with product cost analysis program.
* Achieved over $800,000 savings by revamping all insurance programs.
* Reached over $400,000 savings per year with new paint oven and system.
* Saved $100,000 per year through enhanced accounts payable and vendor negotiations.
* Improved cycle count accuracy from 65% to 99%, adding 2 production days per year.
* Increased accounts receivable to 96% current and reduced bad debt to 0.0015%.
* Decreased overhead costs 22% with continuous process improvement.
* Reduced fixed costs 20% for Canadian and Australian subsidiary.
* Lowered workers’ compensation experience modification factor from 150% to 76%.
* Established Raypak University and obtained more than $500,000 in state funding.
EARLY CAREER – full details on request
Controller, Plessey Ltd.
Identified and corrected $900,000 in inventory loss and shortened monthly reporting cycle by 60%. Established cost management infrastructure and standard/process cost system. Implemented computer systems and improved credit/collections processes.
FORMAL EDUCATION
Master of Business Administration, Finance Bachelor of Business Administration, Accounting ST. JOHN’S UNIVERSITY, New York, New York
CERTIFICATION & TRAINING
Certified Public Accountant (CPA) Executive Management Program University of California, Los Angeles (UCLA |