Doug Hooper

Doug Hooper Email and Phone Number

Business Consulting and Coaching @ McCracken Alliance Partners
Doug Hooper's Location
Greenville, South Carolina, United States, United States
About Doug Hooper

Senior Operations and Finance Executive (Chief Financial Officer) with more than 20 years of success integrating finance, operations, business metrics, and business processes to facilitate strategic decision making and drive financial and business performance. Change agent with strong blend of financial and operational expertise, and proven ability to excel in start-up, high-growth, and multi-billion dollar corporate settings and in diverse industries ranging from telecommunications, plastic and metal products, medical equipment, pharmaceutical, manufacturing, audio, video, construction, cabling, education, e-learning SaaS and software development. In my role as Chief Financial officer, I have delivered many millions of dollars in cost savings through acquisition integration and restructuring; turned around a company to profitability leading to its divestiture; and led several start-ups, including a business unit that generated $40M+ in its first year. MBA in International Business and BBA in Business Administration. Board Member and active in the community. Skilled at helping those seeking to create order out of chaos.Specialties: P&L Management • Strategic Planning • Acquisition Integration/Divestitures • Due Diligence • Financial Planning & Analysis • IFRS • Financial, Operating, & Technology • Infrastructure • Finance, MIS, & IT Systems • Process Improvement • Turnarounds/Restructuring • Human Resources • Product Launch • CRM/Customer Service • Sourcing, Distribution, & Inventory • Consolidation/Decentralization • Software • ERP Systems • Operations • Debt Financing • Successful Sale • Venture-backed • Private Equity • Acquisition • Strategy • Compliance • Tax management • KPI • GAAP • Audit • Investment/Capital Spend Analysis • Organization Effectiveness • Modeling

Doug Hooper's Current Company Details
McCracken Alliance Partners

Mccracken Alliance Partners

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Business Consulting and Coaching
Doug Hooper Work Experience Details
  • Mccracken Alliance Partners
    Partner
    Mccracken Alliance Partners Jan 2023 - Present
    Atlanta, Ga, Us
  • Self Employed
    Semi Retired - Open To Consulting
    Self Employed Dec 2022 - Present
    Us
  • Afaxys, Inc.
    Chief Financial Officer
    Afaxys, Inc. May 2019 - Dec 2022
    Charleston, Sc, Us
  • Dixie Diamond Mfg Co - Design, Manufacture, Distribute Diamond Tools And Equipment
    Chief Financial Officer (Cfo)
    Dixie Diamond Mfg Co - Design, Manufacture, Distribute Diamond Tools And Equipment Sep 2016 - Jul 2018
    Hired as Chief Financial Officer (CFO) by Private Equity (PE) backed company to upgrade Financial Processes, ERP Systems, acquisition integration and HR functions. Prepare monthly financial statements and analysis, designed to improve cost structure and capture synergies of recently acquired company. Streamline processes and systems across multiple locations into one overall structure.● Human resources: Consolidated benefits, resulting in 30% reduction in health care costs● ERP Implementation: Led process to select and implement new hardware and ERP system across the enterprise and consolidate systems across multiple locations.● Cash Flow: Implemented rolling forecast to improve cash position as well as renegotiated terms with vendors and customers.● Integration: Successfully consolidated people, process and technology across the enterprise post acquisition.
  • Summit Systems Inc.(Ssi) - Construction, Design, Implementation Of Audio/Video Systems, Low Voltage
    Chief Financial Officer (Cfo)
    Summit Systems Inc.(Ssi) - Construction, Design, Implementation Of Audio/Video Systems, Low Voltage Oct 2014 - Aug 2016
    Recruited into Chief Financial Officer (CFO) position to restructure Finance/Accounting and HR functions, controls, processes and build structure to reposition company for future growth. Rebuild reporting functions for bank covenants and other internal reporting requirements as well as completed first external audit in over 5 years. Developed and implemented customer, division and product profitability analysis and conducted pricing analysis across the organization. As Chief Financial Officer (CFO) restructured organization from a small company mentality to a scalable and sustainable entity. ● Restructure Credit Facility: Executed restructure of credit facility, more than doubling working capital funds with improved terms ● Human resources: Redesigned all payroll processes, including outsourcing of payroll and reporting processes.● Analysis and Metrics: Implemented reporting dashboard to quickly assess performance for various projects and department functions.● Financial Statements: Implemented process to produce timely, accurate Key Performance Indicators and EBITDA analysis● Models: Modeled various project investments and conducted cost/benefit analysis on potential new ventures.
  • Dew Learning/Servant Interactive - Educational Software (Saas)/E-Learning
    Chief Financial Officer (Cfo)
    Dew Learning/Servant Interactive - Educational Software (Saas)/E-Learning Feb 2012 - Sep 2014
    As Chief Financial Officer (CFO), build Finance/Accounting infrastructure, processes, controls, procedures and ERP System for early stage interactive education/e-learning software (SaaS) company to ensure strong foundation in place for significant anticipated growth. Address all reporting needs, covenants and other requirements from various investors. Setup and manage all HR functions including Payroll, Insurance Compliance programs and other business operations. Build a job tracking system for the development of curriculum from various contributing writers, designers and thought leaders. Provide leadership of P&L, Balance Sheet, strategic and operational planning, reporting and cash management. Transformed infrastructure from startup to a sustainable structure supporting international and domestic growth in a lean environment. Support launch of software platform to deliver company content as well as third party content. Successfully sold company to outside investors.● Acquisition Integration: Executed acquisition of curriculum company and integration of products, people and processes into existing infrastructure ● Capital Raise: Led second round of funding to support continued development and launch of products into the homeschool and private school markets and continued development of delivery platform.● Restructure: Led efforts to restructure the organization into multiple entities to better focus on various customer segments and position the company for anticipated international growth. ● Human resources: Implemented excellent benefits package for a startup company including; full medical and dental coverage, flex spending plan, 401k and profit sharing plans, improving ability to attract top talent to the organization and improve employee retention.
  • Ucb - Pharmaceutical, Biotech
    Vice President Operations
    Ucb - Pharmaceutical, Biotech Mar 2006 - Dec 2011
    Brussels, Be
    Optimize strategies for sales training of 1,000+ force, sales/marketing of new products/line extensions/pre-launch products, compensation programs, IT infrastructure/systems, contracting and partnerships, sourcing, customer service, forecasting, cash flow , and inventory management. Extensive involvement in acquisition analysis and integration. ● Acquisition Integration: Executed rapid integration of 500+ person acquired German company to deliver major product launch only months away under tight regulatory constraints.● New Product Launch: Led development of training modules key to successful launch of two of most significant products in last 7 years, while cutting training costs 20%. ● Metrics & Forecasting: Implemented field analytics tools to support targeted customer call plans, and reporting and tools on field laptops providing daily updates to critical information and field metrics.● Technology Infrastructure & Support: Saved 20% in costs with rollout of new field CRM technology; saved $2M+ in annual outsourced data costs with new data warehouse; migrated to hardware platform more flexible to expansion/contraction; and reduced help desk costs with knowledge management tool featuring standard scripts and trend tracking.● Shared Services: Provided shared services support for three distinct business units, with different customers and technology requirements.● Improvements: Continuous evaluation of technology and software to enhance productivity of three sales forces.
  • Ucb - Pharmaceutical, Biotech
    Controller (Senior Finance Executive, Cfo)
    Ucb - Pharmaceutical, Biotech Jan 2000 - Feb 2006
    Brussels, Be
    Directed all Finance, Accounting, MIS, Customer Service, Contracts, and Pricing functions; supported business/product due diligence efforts; and directed major MIS projects and acquisition integration. Instituted financial controls/processes, forecasting system, budget cycle, and structure that enhanced corporate image as substantial market player and enabled contingency planning, while updating enterprise IT systems and integrating major acquisition:● Acquisition Integration: Delivered $25M cost savings by rationalizing facilities, product portfolio, and headcount to eliminate redundancies and leverage core strengths across HR, Finance, and IT.● Reporting: Led conversion of reporting from US GAAP to IFRS, enabling efficient reporting to Belgian parent.● Technology: Enabled faster product launches and distribution, more accurate data/reporting, and expansion of user base with on-time/budget delivery and customization of major SAP upgrade and hardware/software replacement in one year.
  • Edap Technomed - Medical Devices
    Vp Finance And Administration (With Operations Responsibilities)
    Edap Technomed - Medical Devices Jan 1999 - Jan 2000
    Created structure and processes for small standalone company in support of rapid growth. Directed all aspects of finance, human resources, information systems, banking/investor relations, facilities management, and financial reporting to European holding company. Equipped company with financial strategies, partnerships, and systems to speed product time-to-market and cash flow, while implementing improved HR benefits and compliance policies that reduced both costs and risk:● Human Resources: Created lean, efficient HR organization, and led development of compliant hiring/termination, COBRA, FMLA, and other policies; established back-end audit process to proactively identify and resolve HR issues.● Cost Reduction: Cut benefit and compensation program costs 8% (improving employee satisfaction 75%) by negotiating fee-free 401K plan and joining co-op to leverage get better rates and features on insurance plans.● Revenue Enhancement: Drove 30% sales increase and generated repeat sales by forging strategic financing partnerships enabling EDAP to offer array of leasing and purchase options for high-margin, $800K-$1M medical equipment, improving EBITDA by 20%.● Financial Planning and Analysis: Developed strategic planning/budget process, streamlined forecasting process for better visibility across various operations.
  • Meadwestvaco - Display Manufacturing, Metals, Plastics
    Controller
    Meadwestvaco - Display Manufacturing, Metals, Plastics Jul 1997 - Dec 1999
    Richmond, Va, Us
    Chartered to execute pre-divestiture turnaround in this most senior Finance position within $40M U.S. division that was engaged in non-core business of manufacturing in-store merchandising and display equipment. Implemented sound financial controls and policies to quickly bring company to profitability and attract potential buyers, led due diligence efforts leading to sale to private equity, and provided financial guidance during transition for new owners: ● Reduced working capital 23% and improved cash flow $2M by rationalizing facilities through 50% consolidation, introducing JIT, supplier-held inventory, imposing design fees for proprietary items, and instituting customer payment controls. Saved $250K by renegotiating leases.● Eliminated $8-10M in year-end write-offs through tight inventory control and ordering policies.
  • At&T - Telecommunications
    Regional Controller
    At&T - Telecommunications May 1988 - Jul 1997
    Dallas, Tx, Us
    From outset an atypical finance professional, showed affinity for operations and settings where functional borders are blurred, along with willingness to take chances in start-up, restructuring, and turnaround situations. Moved up ranks through various financial and accounting positions to Regional Controller, with promotions on average every 2 years. Highlights include:● As Regional Controller – Consumer and Small Business Services, built region into fastest growing nationally. Led decentralization effort involving move of ~150 personnel from New Jersey to Atlanta. Established financial and operating infrastructure to take organization forward and enhance AT&T’s differentiation in specific markets.● As Division Controller – Consumer Connect ’N Save Long Distance Service, took on challenge to lead new startup under “postalized” rate concept. Built entire infrastructure including specialized billing system in 3 months, and directed all aspects of operations to take business to $40M+ revenues and 150,000 customer accounts in first year.● As Accounting Manager – Submarine Systems, devised record-keeping and accounting structure to handle complex relationships with as many as 100 partners (and added profit center that kept their books for fee).● As Accounting Supervisor – Global Messaging, developed fee rationale and structure for e-mail services; built corporate billing system used internationally and adopted by other companies.● As Finance Manager - Developed forecasts for Federal projects and evaluated performance on existing contracts.

Doug Hooper Skills

Forecasting Process Improvement Start Ups Strategic Planning P&l Management Acquisition Integration Due Diligence Financial Analysis Financial Reporting Pharmaceutical Industry Cash Flow Human Resources Product Launch Strategic Partnerships Crm Team Leadership Auditing Competitive Analysis Manufacturing Mergers Pricing Strategy Contract Negotiation Divestitures Competitive Intelligence Consolidation Operations Management Billing Systems Budget Government Contracting Ifrs Inventory Management Medical Devices Market Research Technology Integration Us Gaap Process Control Sap Erp Customer Service Management Board Of Directors Reporting Decentralization Performance Metrics P&l Forecasting P&l Oversight Revenue Enhancement Turnaround Experience Compliance Profit Maximization Strategic Sourcing Sales Operations Telecommunications

Doug Hooper Education Details

  • J. L. Kellogg Graduate School Of Management
    J. L. Kellogg Graduate School Of Management
    Executive Development Program
  • University Of Phoenix
    University Of Phoenix
    International Business
  • New Mexico State University
    New Mexico State University
    Business Computer Systems
  • Florida State University
    Florida State University
    Certificate In Financial Planning

Frequently Asked Questions about Doug Hooper

What company does Doug Hooper work for?

Doug Hooper works for Mccracken Alliance Partners

What is Doug Hooper's role at the current company?

Doug Hooper's current role is Business Consulting and Coaching.

What is Doug Hooper's email address?

Doug Hooper's email address is do****@****xys.com

What is Doug Hooper's direct phone number?

Doug Hooper's direct phone number is +167848*****

What schools did Doug Hooper attend?

Doug Hooper attended J. L. Kellogg Graduate School Of Management, University Of Phoenix, New Mexico State University, Florida State University.

What are some of Doug Hooper's interests?

Doug Hooper has interest in Children.

What skills is Doug Hooper known for?

Doug Hooper has skills like Forecasting, Process Improvement, Start Ups, Strategic Planning, P&l Management, Acquisition Integration, Due Diligence, Financial Analysis, Financial Reporting, Pharmaceutical Industry, Cash Flow, Human Resources.

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