Harry Vasels Email & Phone Number

Evansville, Indiana, United States

Assisted the firm’s portfolio companies in their year end and ongoing accounting and financial matters, participated in review of potential acquisition candidates, converted ERP from Great Plains to Sage Intacct,.

Nashville, Tn

After leading the integration of new business acquisition into South Central I became CFO for the company. Led 17 personnel across Accounting, Finance, Administration, IT, and partner coordination. Directed/oversaw annual and strategic planning and budgeting processes. Managed cash/working capital. A trusted advisor to President.BUSINESS LIQUIDATION: Led 6-month divestiture and closedown of South Central AV (family business) meeting all obligations.INVOICING / COLLECTIONS / WORKING CAPITAL: Planned and directed replacement of legacy ER with a fully integrated system improving invoicing and collection procedures. The result was a 30%+ improvement in invoice timing, reduced error rates, and collections improvement of 30-45 days. Dramatically lowered 90+ days AR resulting in a significant increase in cash/working capital.CRITICAL PARTNER SAVE: Identified/built business case for a solution to save failing partner relationship delivering 50% of recurring cash flow. Hired/trained dedicated resource to manage the relationship. Resolved $1.5M discrepancy and relaunched critical relationships.EXECUTIVE DASHBOARDS: Designed financial dashboards (PowertBI) and initiated dashboard development with other groups to deliver data transparency across operations and finance, including snapshot cash position, AR days outstanding, and status of projects.INSOURCED IT: Uncovered issues with the managed service provider (MSP) and developed a financial model to insource IT, gaining dedicated resources to manage updates, upgrade the network, and resolve issues quickly. Regard for IT shifted from negative to positive.FINANCE TRAINING: Instituted 2X yearly online financial training for internal and major partner financial/accounting teams.

Tampa/St. Petersburg, Florida Area

Temporary position as General Manager over Administration, Accounting & Operations to assist in integrating this company into South Central AV by mid-2015. The company services its customers by providing sound systems, music, digital signage, hold music, on-hold messages, scent, integrated audio-visual, and interactive mobile marketing solutions in retail & commercial environments.

Greater Nashville Area, Tn

Supervised 10 reports in accounting, finance, administration, and IT areas. Oversaw cash management and planning & budgeting process. Led financial department, systems change, new startup departments, and company sale & liquidation.DIVESTITURE & LIQUIDATION: Took charge to lead sales efforts, and divest/liquidate company in 2014.FINANCE PARTNER: Created a partnership relationship between Finance and operational departments. Encouraged/drove efforts of the Finance team and operational personnel to communicate and develop new financial guidelines enabling business flexibility.DATA-BASED DECISIONING: Upgraded financial and operations systems, set up new reporting, and led efforts to create a culture of data-based decision making. Monitored AR aging trends and highlighted variances to department heads to improve performance.SOCIAL MEDIA MARKETING TEAM: Lead executive in the 1-year launch of successful 10-person Social Media Marketing division. 2008 GREAT RECESSION: Took charge to revamp operations and pay scales to retain 16 out of 20 targeted positions, maintaining morale, generating employee loyalty, and enabling new efficiencies to be implemented.FINANCIAL TRAINING: Introduced online financial training for central office and market-personnel and owner’s accountants.

Houston Texas, Denver Colorado And Chicago Illinois

Directed 30-member team in Finance, Planning & Analysis, Auditing, project development, and Mergers & Acquisitions / Divestitures. Supervised/oversaw strategic planning for multiple divisions. Managed and led internal and joint venture (JV) teams.NEW BUSINESS UNIT LAUNCH & SALE: Led start of compressor manufacturing business from initial start to final sale to a major US company (valued at $54M at time of sale).LITIGATION & MAJOR CONTRACTS: Point person on major contract negotiations and litigations. Took charge of 3 major litigations and worked with lawyers, experts, and opposing company executives to reach settlements of $12M, $42M, and $125M.LIQUIDS PROCESSING PLANTS: Initiated development of liquids processing plants and as a new business unit. Launched 3 plants with 70 employees.INTERNAL & JV AUDITING DEPARTMENT LAUNCH: Formed new auditing departments to support Joint Venture and internal efforts. Hired and trained 16 individuals.SYSTEM CONVERSIONS: Analyzed operations, identified shortfalls, and recommended/led 4 conversions from legacy systems to updated, modern systems providing data management transparency across 4 divisions.MERGER & ACQUISITION TARGET: Co-identified takeover target company, member of negotiating team, and part of managing team during and after merger.

Corpus Christi, & Huston Texas Area

After leading the Acquisition of the company to become a division of the Martin Companies I was in charge of the operational & financial areas of the $85M company initially headquartered in Corpus Christi Texas. After the Division president left I also was in charge of all sales management as well.