Darryl Halbert

Darryl Halbert Email and Phone Number

COO/CFO at Weathermatic @ Weathermatic
Darryl Halbert's Location
Dallas-Fort Worth Metroplex, United States, United States
Darryl Halbert's Contact Details
About Darryl Halbert

I am an operationally oriented Chief Financial Officer (CFO) with in-depth knowledge of the strategic and operational challenges of companies with multiple locations and international operations. With a foundation built on financial discipline, I am a leader focused on the profit drivers and leverage points that underlie business success. I see everything as a puzzle where solutions lie at the convergence of insight, people and process. Because I operate with a high degree of integrity, value relationships, and firmly believe in achieving win-win outcomes, I have a history of effectively guiding collaborative interactions and articulating the resulting solutions in ways that achieve buy-in and action from those involved.Specialties• Strategy Development & Execution • Performance Management• Building Leverageable Infrastructure• Working Capital Management • Public Company, Private Equity & Family Office• ERP Implementations• Management of Mulit-location Operations Including International• Currency Hedging • Restructuring• Acquisitions / Divestitures• Building High Performing Teams• Process Improvement• Manufacturing / Distribution Industries• Technology / Software Industries• Sarbanes-Oxley Implementation and Compliance

Darryl Halbert's Current Company Details
Weathermatic

Weathermatic

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COO/CFO at Weathermatic
Darryl Halbert Work Experience Details
  • Weathermatic
    Chief Operating Officer (Coo) And Chief Financial Officer (Cfo)
    Weathermatic Dec 2015 - Present
    Garland, Tx, Us
    Commercial landscape irrigation products manufacturer and cloud-based smart irrigation services provider.Partner with the CEO to develop and implement cloud-based technology growth strategy focused on reducing water consumption and cost associated with managing landscape irrigation. Responsible for production, product engineering and development, service deliver and back office operations (finance, accounting, HR, IT).
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  • Demilec Usa Llc
    Chief Financial Officer (Cfo)
    Demilec Usa Llc Apr 2014 - May 2015
    Arlington, Texas, Us
    Private equity owned manufacturer of polyurethane spray foam insulation and coatings with manufacturing and distribution operations in U.S. and Canada.Led all financial activities of the company and partnered with CEO and private equity owners on business strategy. Responsible for accounting operations, FP&A, IT, private equity reporting, tax, treasury, cash management, risk management and currency hedging along with providing private equity deal team support for lender relationships and M&A opportunity evaluation. • Partnered with the CEO to develop the overall business strategy to return the business to sales and EBITDA growth targeting disciplined sales strategy execution, product quality improvements and operational excellence.• Worked with the CEO to identify staffing skill sets required to support the strategy and execute a plan to add/replace 40% of the US headcount including 80% of Finance & Accounting• Identified data required to manage the business and initiated activities to clean up poor data input processes and generate actionable management reporting tools.• Directed the multi-year ERP upgrade project including the consolidation of 3 systems to 1. • Reduced bad debt write-offs from 5% to 1% of receivables saving $800,000 and reduced days sales outstanding by 5 days resulting in a $2 million reduction in working capital.• Worked with VP of Operations to reduce days in inventory by 4 days resulting in a $1 million reduction in working capital.• Implemented currency hedging program which contributed $3 million to EBITDA.
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  • Compx International Inc.
    Chief Financial Officer (Cfo)
    Compx International Inc. Aug 2001 - Apr 2014
    Publicly traded international manufacturer of mechanical and electronic locks, precision ball bearing drawer slides, computer ergonomic accessories, gauges, controls, and exhaust systems with manufacturing operations in U.S., Canada, Europe, and Taiwan.Partnered with the CEO to guide the company through the repositioning of sales away from commoditized products to higher value-added products and through two significant downturns.• Furniture components business unit operating income improved from breakeven to 15% through restructuring operations, disposing of non-performing location, refocusing sales on higher margin customers and acquiring a new product line. • Diversified the company by acquiring businesses in the marine components industry.• Closed sale of furniture components business to private equity firm in 2012 for $60 million, realized $30 million in profit, and completed the transaction by year-end achieving a $10 million tax benefit.• Decreased inventory and receivables 10% and accounts receivables past due percentage from 18% to 6% through use of KPI’s. Resulting increase in cash flow accelerated debt reduction by $4 million.• Consistently maintained credit availability through trustworthy relationships with banking group, which facilitated efficient periodic renewals and adjustments to financial covenants during challenging times.• Reduced the accounting close cycle by 50% (10 days to 5 days).
  • Image2Web, Inc.
    Chief Financial Officer (Cfo) And Chief Operating Officer
    Image2Web, Inc. 1999 - 2001
    Image2Web was a subsidiary of Micrografx that developed e-commerce software for the transformation and management of image related product information. The subsidiary was formed to spin the business off from Micrografx. Reported to the Micrografx Chief Executive Officer. Responsible for building the business and securing external funding. Co-created the strategic and execution aspects of the business plan. Ran the funding process including identifying potential investors, developing and delivering investor presentations and managing the subsequent due diligence process. Provided guidance on the product development process and participated in sales calls.
  • Micrografx, Inc.
    Vice President Of Finance, Chief Accounting Officer
    Micrografx, Inc. 1996 - 1999
    Us
    Micrografx was an international publicly traded software developer and publisher with three operational businesses focusing on software solutions for business process management, technical graphics publishing and image & data management. Reported to the Chief Financial Officer. Responsible for the worldwide finance and accounting organization with offices in seven countries. Created a highly respected finance organization. Reduced close cycle time by 50%; increased the accuracy, timeliness and quality of management P&L reporting; led finance and operations acquisition and divestiture activities; led efforts to pro-actively minimize US and international tax exposures; implemented and managed the currency hedging program.
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  • Ernst & Young Llp
    Senior Manager, Audit And Assurance
    Ernst & Young Llp 1987 - 1996
    London, Gb
    Served public and private clients primarily in technology and manufacturing industries. Provided audit and related services such as SEC reporting, initial public offerings and acquisition due diligence. Lead senior manager on the audit of Texas Instruments which included administration and coordination of the world wide audit procedures. Worked approximately one year in the Ernst & Young Luton, UK office on an international exchange program.
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Darryl Halbert Skills

Finance Mergers And Acquisitions Financial Analysis Internal Controls Financial Reporting Management Accounting Leadership Strategy Forecasting Business Strategy Strategic Planning Working Capital Management Process Improvement Cash Flow Due Diligence Team Building Business Planning International Business Sarbanes Oxley Divestitures Sec Filings Managerial Finance Us Gaap Financial Audits Restructuring Sarbanes Oxley Act P&l Management Acquistions Investor Relations Sec Financial Reporting Debt And Equity Financing Business Restructures Cash Management Executive Management Business Process Improvement Private Equity Auditing Revenue Recognition Cost Accounting Acquisition Integration Ipo Consolidation Gaap Cpa Strategic Financial Planning

Darryl Halbert Education Details

  • Harding University
    Harding University
    Accounting

Frequently Asked Questions about Darryl Halbert

What company does Darryl Halbert work for?

Darryl Halbert works for Weathermatic

What is Darryl Halbert's role at the current company?

Darryl Halbert's current role is COO/CFO at Weathermatic.

What is Darryl Halbert's email address?

Darryl Halbert's email address is da****@****usa.com

What is Darryl Halbert's direct phone number?

Darryl Halbert's direct phone number is +197244*****

What schools did Darryl Halbert attend?

Darryl Halbert attended Harding University.

What are some of Darryl Halbert's interests?

Darryl Halbert has interest in Road Biking, Backpacking, Inner City Neighborhood Restoration, Poverty Alleviation, Running, Mountain Biking.

What skills is Darryl Halbert known for?

Darryl Halbert has skills like Finance, Mergers And Acquisitions, Financial Analysis, Internal Controls, Financial Reporting, Management, Accounting, Leadership, Strategy, Forecasting, Business Strategy, Strategic Planning.

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