Bob Strader Email & Phone Number

Houston, TX, US

Founded a small consulting firm, focused on improving the financial and operational performance of our clients. Provides professional services for business process improvement and internal controls, CFO and Controller services on an interim/part-time basis, and accounting services for small businesses.

• Performed business process improvement and internal control projects for private-equity clients.
• Reviewed the invoicing process for a cinema seating manufacturing company, resulting in faster and more complete billings and higher cash flow.
• Evaluated the shipping process for an HVAC distribution company, improving the accuracy and completeness of shipments.
• Documented the business processes and internal controls for a manufacturer of paperboard tubes, cores and canisters.

• Responsible for managing the professional services offerings to clients for CFO services, due diligence, internal audit and controls, Sarbanes-Oxley compliance, business process improvement, and supply chain.
• Served as CFO for a portfolio of privately-held oilfield equipment manufacturing and distribution companies. Established credibility with the primary vendors to provide ongoing capitalization, and mentored the.
• Developed accounting policies and procedures and provided accounting management advisory services for a $100 million privately-held specialty chemical and engineered services company.

• Responsible for the start-up and management of the firm’s service line offerings for business process improvement, supply chain management, internal audit, and Sarbanes-Oxley compliance.
• Redesigned the revenue process of a $200 million global oilfield communications company, and developed and implemented enhancements to their supply chain management processes.

• Responsible for managing the professional services offerings to clients for CFO services, due diligence, internal audit and controls, Sarbanes-Oxley compliance, business process improvement, and supply chain.
• Served as Chief Financial Officer of a $200 million manufacturer of casing, tubing, and drill pipe. Enhanced cash flow by implementing cash forecasting processes and coordination with purchasing and inventory.
• Performed due diligence and supply chain analysis for the sale of a propane company.
• Conducted Sarbanes-Oxley testing for a $700 million drilling company.
• Designed the procurement and demand forecasting process for a $900 million manufacturer.

• (Company acquired by Baker Hughes, Inc.)Responsible for establishing the global internal controls and process improvement function for a $5 billion oilfield services company. Primary focus was developing the.
• Identified critical demand planning tools for the company’s primary distribution hub and manufacturing facility resulting in inventory reductions of $40 million.
• Directed a business process review of inventory management at an assembly and service division, reducing inventory by $20 million and improving total efficiency.
• Reduced annual SOX compliance costs by over $15 million by establishing a consistent global structure, instituting an enhanced risk assessment process, implementing control self assessments, and coordinating with.
• Built the global internal controls function from initial conception, recruiting qualified staff and creating an entry point for financial talent to transition into the broader corporate organization.

Responsible for performing Sarbanes-Oxley compliance documentation and testing for Fortune 500 clients. Acted as lead consultant on the implementation of client’s FCPA compliance program, developing the due diligence processes and internal control systems.

• (Business unit acquired by Weatherford International Ltd.)Responsible for general management of a $25 million oilfield equipment manufacturing and field services business unit of a $6 billion corporation, with complete.
• Directed the successful turnaround of the distressed division, resulting in the successful sale of the business. The turnaround in profitability was to a breakeven position from a $7 million operating loss the year.
• Generated $15 million of net cash flow for the company by reducing operating costs, restructuring the business, closing unprofitable operations, and reducing working capital.

• Responsible for financial planning and analysis, strategic planning, competitive analysis, acquisitions and divestitures, and special projects for a $700 million division providing industrial cleaning, engineering and.
• Established the financial planning and business analysis function, developing tools to drive improvements in profitability and cash flow.
• Facilitated the strategic planning process for a diverse group of business lines serving multiple industries with over 250 locations and 8,000 employees throughout North America.

• (Company acquired by the John W. Mecom Investment Group)Responsible for providing financial reporting and management for an $80 million contract blender and packager of industrial and consumer branded products, serving.
• Implemented strategic change initiatives and operational performance measures to facilitate the growth and turnaround of the company, increasing operating cash flow by 50%.
• Completed the refinancing of the existing credit facility, leading the solicitation process and credit agreement negotiations, resulting in a change in financial institutions from an asset-based loan structure to a.
• Directed financing of a $30 million aerosol packaging company acquisition involving additional equity investment and expanding the credit facility.

Responsible for leading the transformation of a $250 million distribution division from a decentralized operation to a hub-and-spoke supply chain system, utilizing demand forecasting software and regional logistics. The transition resulted in doubling inventory turns and improving product availability.

• Responsible for the financial planning and analysis function for the oilfield manufacturing, distribution and service company with revenues in excess of $600 million. Selected to participate in the first round of.
• Coordinated the business planning and forecasting processes and initiated the conversion to a new software system which reduced cycle times by 75%.
• Analyzed and helped implement the divestiture of non-core businesses worth $80 million.

• Responsible for financial reporting and management of a financially distressed manufacturing subsidiary with revenues of $13 million. Initiated controls over inventory management, purchasing, and invoicing that.
• Resolved major inventory problems related to physical controls and costing, including a $2 million overstatement created by prior management.
• Built the information systems from 4 personal computers to a 30-user local area network and an enterprise-wide manufacturing system.

Houston, Texas Area

Responsible for performing compliance and operational audits of the manufacturing facilities, distribution locations, and corporate processes of the company. Redesigned the audit process to emphasize the value-added functions of store distribution, improving audit efficiencies by 50%. Participated in special investigations involving employee misconduct and.

Responsible for performing compliance and operational audits of the steel manufacturing plants, joint venture operations, and diversified business segments of the Fortune 500 steel and energy company. Participated in special investigations in the areas of purchasing and contract administration.

Mba, General Management And Corporate Strategy

Bs In Business Administration, Major In Accounting