Cabell Cobbs Email & Phone Number

San Diego, Ca, Us

Optima Office, Inc provides Accounting Specialists on a part-time, ongoing and onsite or remote basis to clients of all sizes. Our outsourced accounting services are best in class. We take the time to hire carefully and focus our efforts on retaining our amazing team so they can deliver consistent and reliable accounting services to our growing list of clients. Although we can provide an entire accounting department to businesses in every industry, from start-ups to $50+ million dollar businesses, we also fill the gaps and ensure we give our clients exactly what they need. We take pride in our slogan Happy Staff=Happy Clients.The amazing people on our team are pro-active communicators, responsive and understanding, intelligent, quick-witted and friendly. Our culture is flexible, caring and loyal.

Interim CFO Assignment to maintain CFO responsibilities during search for replacement of prior CFO.

Long Beach, California, Us

NetSuite implementationRenewal and Expansion of Commercial Bank LineSourcing of Specialty Lender for Subordinated Debt as an Excess Layer of Capital

President / CFO of this shared services company in support of SASCO Inc., one of the largest commercial electrical contractors in the west coast commercial construction market.- Restructured Accounting, Payroll and IT groups achieving $350,000 savings- Re-engineered Risk Management structure improving claims management, lowering internal cost of operations and improving cash flow by $500k annually.

Managed Accounting, Strategic and Operational Planning, Risk Management and Facilities through 2 direct reports and a staff of 5 employees. - Completed recapitalization of RealtyTrac with a Private Equity firm and did a follow-on acquisition of highly trafficked website.- Partnered with the CEO to develop and launch the business plan for a Real Estate Big Data business by leveraging a supplier relationship into a favorable re-seller license opening a $35 million market opportunity.

Leveraged an opportunity presented by a private equity group into a consulting business that provided fractional finance and accounting services. updated and filed SEC reports; prepared and presented financial content for M&A activity; established accounting systems and attained financing for startups.- Took a startup environmental management company public and completed 2 acquisitions of additional facilities.- Developed a business plan for RealtyTrac and worked with their Investment Bank for evaluating the possible sale of the Company.

Led the Financial operations of the company as well as Risk Management, Facilities and Information Technology through 3 direct reports and a staff of 20 employees.- Financially re-engineered Risk Management establishing a self insured workers compensation program that reduced costs by over $1.4 Million per year.- Successfully started a full services employee leasing company and integrated a full suite HRM system.

Chief Financial Officer for a $1 billion Financial Savings Bank, subsidiary of a publicly traded entity, Michigan National Bank.- Parent decided to sell the bank as part of a restructuring. Worked with the CEO to negotiate and direct the sale of the bank in 3 separate transactions to maximize shareholder value.- Chaired the Bank Administration Institute annual Asset Liability Management Conference.

Responsible for regulatory reporting, financial reporting, planning, budgeting, asset liability management, and correspondent bank relationships include the Federal Reserve Bank.- Led the transition from a legacy bank system to a service bureau bank ERP system and outsourced bank proof operations reducing overall transactions costs.- Established the Bank's federal funds facility at the Federal Reserve Bank providing additional liquidity and reducing the Banks cost of funds.- Implemented a zero based planning process to improve control over general and administrative costs and conserve Bank capital.

Performed domestic and international for a large vertically integrated Oil and Gas conglomerate that was a subsidiary of Kuwait National Petroleum.- Conducted due diligence on the acquisition of drilling company and identified a weakness in closing procedures that had inflated the proposed purchase price, saving the Company $2 million.- Promoted to Assistant Controller of the CF Braun Construction division and managed the worldwide consolidation process.

Audited fortune 500 clients in the Agriculture, Minerals, Construction and Airline industries. - Developed an understanding of internal control procedures, accounting department structure and management, and real world usage of the accounting pronouncements.- Led government grant audits for the City of Chicago

Mba, Finance

Bs, Accounting