Dennis Collins Email & Phone Number

Phoenix, Az

Leader of a CFO Expertise consulting practice offering leadership, integrity, communication, strategic planning, financial management, business development and process improvements. Often function as part of clients’ executive teams. Clients: Pharmaceutical, Healthcare, Government, Wind Power, Nonprofit, Logistics, Alarms, Education Materials and Home Door Builder

Phoenix, Az

As key member of executive management team, supported newly hired President with all aspects of financial management to turn around this $100 million manufacturing company. Directed all aspects of financial management, including profitability reporting, budgeting, team building, cost cutting, and implementation of internal controls. Expanded reporting model to support annual business strategy, which included monitoring key performance indicators. Established final budget (including cash flow), managed global financials, and managed CFO and staff in Mexico. •Improved communications across all departments and with two plants in Mexico.•Reduced annual overhead costs by $1.5 million through strategic operating modifications. •Captured $5 million in annual cost savings by identifying the most profitable product mixes and customer segments.

Led introduction of more sophisticated financial planning tools and controls that supported the next level of growth for this privately owned company that provided telecommunications and network services for clients across diverse industries. Orchestrated the annual budget (including cash forecasting), implemented accrual accounting vs. cash based accounting (GAAP), and developed crucial internal controls for driving down overhead costs. •Increased annual sales from $4 to $16 million in addition to establishing a PO system that significantly improved control of costs and spending.•Reduced annual overhead costs by $200,000 and eliminated $50,000 in excess inventory.•Increased cash flow by $500,000 in addition to negotiating lower bank fees and interest rates, which saved $50,000 per year.

Directed all corporate finance activities, including materials management, to support the continued growth of this printed circuit board manufacturer with annual sales of $22 million. Led initiatives to empower employees and improve synergies across all departments. Created departmental reporting and the first-ever annual budget and led M&A due diligence efforts. Conducted tax planning, cash forecasting, and month-end close activities. •Secured capital funding for expanding productivity, which accelerated sales growth from $8 million to $22 million and improved profit margins.•Led major department restructuring that resulted in $500,000 annual cost savings.•Exposed more than $250,000 in fraudulent expenses and reduced inventory costs by $400,000.•Directed accounting system conversion from QuickBooks to Peachtree.•Implemented improved credit controls that reduced bad debts by $150,000.

Managed financial operations for fixed and variable departments of this $250 million manufacturing company, which included human resources and in-house payroll for 450 employees. Played key role in implementing the turnaround strategy, which included measures for containing/controlling costs and increasing productivity. Established weekly spending forecasts, instituted standard costs for each product, monitored MRP reports, and reported on monthly financial and operations.•Increased plant productivity by 50% by revising processes and strict management of labor hours.•Coordinated relocation of accounts payable department from Tucson to Lake Havasu City.•Identified and recovered $50,000 in medical overpayments through internal audits.

Bsba, Accounting And Business Administration

Associate'S Degree, Accounting And Business Administration