Chief Financial Officer
CurrentDirect report to CEO at global, branded apparel portfolio company of private equity firm Audax Group• Recruited as first of two senior executives to develop foundation for an acquisition-centric investment thesis. • Lead global finance and accounting teams across three countries.Platform Development for Growth• Implementing new culture focused around urgency, efficiency and scalability for growth; deeper data analysis; and controls, requiring the coaching, or replacement of, finance and accounting talent across four global offices.• Lead monthly review of trend-based financial and operational results for Audax and global leadership teams, underpinned by the introduction of a new reporting package focused explicitly on equity creation levers and KPI’s.• Deploying new global technologies within financial reporting, budgeting / forecasting, treasury management, cash flow forecasting, and travel and entertainment.• Drove implementation of bottoms-up budget via Host Analytics / Planful consolidation and planning application.Liquidity Management• Mitigating 80% of COVID-19-driven impact on liquidity through aggressive restructuring of personnel, inventory and administrative cash expenditures. • Expanded global cash forecast to a 52-week cash framework to drive greater transparency, monitor and account for variances, and focus leadership team on prioritizing liquidity. Forecast is elevating the strategic decision making for the leadership team and private equity sponsors, balancing exit valuation opportunities with near-term tactical needs.