Cameron Kruse Email & Phone Number

Houston, Tx, Us

Global CFO Solutions provides high quality solutions for interim financial management, positioning for strategic sales, performance improvement, and finance transformation projects. Clients range from lower middle to middle market companies across various industries including manufacturing, oil field services, industrial services, software, construction, and technology. Responsibilities include:• Strategic business partner, implement profitable growth strategies, improve company valuation, and manage strategic sales and due diligence activities. • Cash flow responsibilities include manage working capital and cash flows, prepare 13-week cash flow analysis, credit and collection processes, and forecast financial performance.• Management responsibilities include managing treasury, investment banking transactions, performance improvement initiatives, tax, investor relations, financial statement reporting processes, general and cost accounting, financial planning and analysis, risk management, capital expenditure management, information technology, contract management, supply chain management, and the external audit function. Manage software system upgrades and evaluate efficiency of ERP software systems. Recent roles include:Interim CFO for leveraged private equity manufacturing company with $450 million in annual revenues. Improved monthly EBITDA, working capital and reduced vendor holds. Lead performance improvement initiatives.International and US Controller (Baker Energy) - Managed accounting operations in the US, Europe, Africa, and Asia. Transformed financial reporting processes to best-in-class. Reduced month-end close from 240 to 15 days, improved DSO and cash flow, and reduced time to complete audit by 50%. Annual revenues were $200 million.Various strategic interim CFO - Performed full range of CFO responsibilities. Lead performance improvement and implement financial transformation initiatives.

Decatur, Alabama, Us

As the first CFO for this privately held environmental services company, developed and executed strategy, implemented profitable growth strategies, budgeting, and forecasting. Also responsible for financial statement reporting, general and cost accounting, cash flow optimization, treasury, credit and collection, tax, risk management, and supply chain management. Lead performance improvement initiatives to improve company financial and operating results. Manage strategic sale process and preparation for sale. Successful strategic sale resulted in elimination of CFO role (2021).• Optimized Financial Results. Improved company valuation 20% and led sell-side financial transaction. Optimized gross margin and improved adjusted EBITDA 20% by eliminating nonprofitable projects, increasing customer contract rates, and leading performance improvement projects. Transformed accounting group to best-in-class.• Reduced month-end close from 55 to 7 days and from inaccurate to accurate, improved DSO from 75 to 35, and reduced cost of capital by negotiating purchase price reductions of 10%. Eliminated practices that previously resulted in inaccurate accounting transactions. Improve operational performance, reduce labor costs, and add a profitable segment. • Optimized utilization of ERP and upgraded modules. Automated processes and eliminated manual transactions.

New York, Ny, Us

Joined premier, global services firm to provide performance improvement solutions at client firms, spanning revenue, gross margin, EBITDA, and operations. Member of A&M’s Private Equity and Energy Leadership Councils.Reestablished FP&A function at $1.5B PE client. Created 13-week cash flow forecast, identified a liquidity/cash flow crisis, avoided default scenario, and proposed solution. Established working relationships with new firms, which represented $27B in AUM.

Established the first CFO function for the oilfield services company, with an eye toward transforming an underperforming accounting and finance group, improving EBITDA, and resolving material inaccuracies within financial statements. Member of leadership team that raised $90M in NYSE IPO. Partnered with CEO to increase monthly EBITDA 62 points, from -26% to +36% within one year, while increasing company valuation 200%. Manage 50% annual revenue increase. Led performance improvement initiatives that improved EBITDA.Responsible for performance improvement initiatives, financial statement reporting processes, general and cost accounting, financial planning and analysis, cash flow management, investor relations, treasury, tax, risk management, capital expenditure management. and customer contract negotiation.

As the first CFO and business partner for this privately held software company, tasked with strengthening financial performance, creating long-term financial forecast, and positioning for an IPO. Averted liquidity crisis by reversing negative cash flow, increasing revenues 10% by invoicing all contracts, collecting highly aged AR, identifying cost reduction opportunities, reducing DSO by 60 days, and reducing month-end close from 40 to six days.

Established the first CFO function for this $100 million revenue company. Transformed an underperforming accounting and finance group, improving EBITDA, and gaining CEO and Board confidence in financial accuracy and ability to add value. Accountable for performance improvement initiatives, financial statement reporting processes, general and cost accounting, financial planning and analysis, and cash flow management. Annual revenues about $100 million.  Served as strategic business partner to improve company valuation. Implemented profitable growth strategies, optimized working capital and cash flows, and forecasted financial results. Instituted and managed performance improvement and financial transformation projects, which improved gross margins 10%, doubled revenues within one year following a 50% decline, reduced month-end close from 25 to six days, and oversaw first audit.

Houston, Texas, Us

Nabors is a Fortune 500 international heavy equipment rental, software, and manufacturing company with $3 billion in annual revenues. Canrig manufactures/services world class top drives and Epoch provides drilling instrumentation and mud-logging software systems.• Eliminated inaccuracies in financial statements and accounting transactions. Transformed the accounting department and processes to best-in-class. Reduced month-end close process by twenty days. Maintained flat staff levels while monthly revenues doubled. Managed the Oracle ERP system implementation.• Due Diligence: Performed due diligence on three acquired subsidiaries and integrated their operations into the subsidiary’s financial records. Identified favorable purchase price adjustments.

Chief Financial Officer, Genisys (managed IPO in record time)Engagement Executive/Project Manager, Jefferson Wells InternationalBusiness Unit Controller/Senior Consultant, Invensys, plcDue Diligence/Audit Supervisor, Nashua CorporationSenior Consultant and Auditor, RaytheonSenior Auditor, PricewaterhouseCoopers, Staff Auditor, Arthur Andersen

Masters Of Science, Accounting

Bachelors Of Science, Finance