Jay Brasel Email and Phone Number
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Financial leader with expertise in manufacturing(OEM, tier 1 & tier 2 suppliers), indutrial, consumer products, and private equity environments. Successful in creating efficient finance departments and turn around troubled accouting operations. I'm a trusted adviser to sales & operational groups by producing operational & financial reporting more accurately and on a timely basis. I can effectively communicate complex financial information to non-financial audiences. The department becomes the information resource center within the organization. My experience includes all aspects of financial management, incuding budgeting, FP&A, interanl and external reporting, fundraising, systems implementation, employee benefts, and risk management.At Qualiseal, my partnership with operations reduced inventory by 10%, by reshaping their mindset on purchasing. I addressed very high manufacturing variances by idnetifying areas of concern. This resulted in a 50% decrease in manufacturing variances.At Fantasia Fresh Juice, I was on a team that raised over $2.1 million. I negotiated lines of credit without personal guarantees, and built a solid finance department. Later, I led an effort to help potential buyers with their due diligence. Investors realized a 300% ROI.Contact me with your Financial Management needs: jay.brasel@gmail.com Experience in working with private equity ownership in a highly leveraged environment.Acquisition integration and acquisition due diligence.Accounting, ERP & DSD system implementations.Cost accounting experience, job costing & standard costing
Qualiseal Technology
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ControllerQualiseal Technology Oct 2017 - PresentHarwood Heights, Il, UsManufacturer of mechanical seals for aerospace and industrial markets.Acquired by Enpro Industries, June 2017.Partner on leadership guiding strategic planning, forecasting and budgeting to align cost structure and profitability with revenue base.Introduced analytics to improve worker productivity, reducing overtime by 10%, while increasing OTD.Created accounting department and facilitated the integration of the merger, with the parent company.
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ControllerJourneycare Jun 2016 - Jun 2017Glenview, Il, UsJourney Care is a $95 million, 900 employee hospice and palliative health care company that also operates five in-patient centers in the Chicago area. The company was formed by the merger of three hospices in June 2015.Originally hired as a consultant to help merge the financials of the three hospices, prepare the financials for the 2015 audit. Became controller in Nov 2016, directed staff in preparing interim financials for 2016, and 2017. Interim financials had previously not been produced since 2015.Supervised a staff of nine. -
ControllerPre Brands Llc Apr 2015 - Jun 2016Chicago, Illinois, UsPre Brands is a ventured backed start up consumer products company, whose line of products are 100% grass fed steaks & beef. Pre imports the meat. The meat is then processed by a co-packer, and then distributed to distribution centers of major grocery chains.Creating an accounting department. Created external and internal reporting. Creating policy and procedures for the organization. Implemented health care benefits. -
ControllerQcc, Llc Jan 2008 - Oct 2014Harwood Heights, Illinois, UsA $50M manufacturer of precision-machined components with applications in aerospace, diesel fuel systems, and fluid power applications, employs approximately 200. Supervise a staff of 4, managing general accounting, accounts payable and receivables, and payroll.Responsible for budgeting, weekly P/L and balance sheet forecasting.Streamlined procedures for efficiency & implemented policies to strengthen internal controls and reduce the monthly closing cycle to 2 days from 15 days, presenting internal and external reporting within 5 days. As a result, department staff was reduced by 50%. Decreased receivable turnover 15 % despite increased credit terms for major customers.Performed margin & variance analysis, and provided recommendations to improve margins and reduce costs.The company was sold to Promus Equity Partners in April 2012. -
ControllerKee Action Sports Jun 2005 - Jan 2008Sewell, Nj, UsA $100M manufacturer & distributor of paintball equipment and accessories.Originally was the controller of Pursuit Marketing. Was the lead on due diligence for several acquisitions.In November of 2006, the company was sold to the private equity firm of Angelo Gordan through an asset sale. The company was merged with their leading competitor to become KEE Action Sports. KEE is the category leader with multiple channels of distribution, and has operations in Europe, Canada and the US.Controller of combined entity. Consolidated 7 ledgers in 3 currencies from 2 accounting systems into 4 ledgers and 1 accounting system. Merged two accounting departments.Migrated the firm to monthly closing in 5 days from a quarterly closing system in which no period in 2005 had been closed by June of that year.Provided due diligence information for the asset sales transaction and merger with leading competitor.Forecasted cash flow on a weekly basis. -
ControllerPower Distributing May 2004 - Apr 2005Elmhurst, Illinois, UsA $50 million distributor of Red Bull energy beverage, and manufacturer of Hispanic foods. Managed general accounting and a staff of two. Coordinated A/R and A/P.Implemented MAS-200 accounting system with a handheld delivery system for route delivery drivers. -
ControllerFantasia Fresh Juice Company/The Naked Juice Company Jan 1998 - Apr 2004Start-up company, manufacturer & distributor of juices, smoothies & nutritional drinks.Fantasia's sales grew from $1M to $20M to become the leading fresh juice/smoothie company in the Midwest. Year 3, sold to private equity firm, North Castle Partners. Was the lead in the due diligence for the stock sale, shareholders earned more than 58% return on their investment. Fantasia was then merged into the Naked Juice Company.Created and staffed the Finance Department. Was able to keep the back office and support staff at the same levels as year 1, while sales continued to grow.Raised capital through private placement offerings, that was over subscribed.Established a standard costing system and reporting package & analysis for market managers.Negotiated lines of credit that did not require personal guarantees.Responsible for employee benefits & network administrator.Implemented ERP system with handheld delivery system for route delivery drivers.Implemented 401(k) plan. Implemented a comprehensive health care package that saved 20% on health care costs.
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Accounting ManagerSram, Llc Mar 1996 - Mar 1997Chicago, Il, UsA $50 million manufacturer of bicycle components, the firm sold to OEMs and parts distributors.Managed a staff of three in general accounting, A/P, A/R, and payroll. Consolidated and summarized U.S. and international financials with forecasts and cash flows.Closed U.S. accounting operations in 2 days, consolidated world wide financials, P/L & Balance sheet forecasts in 5 days. -
ControllerTechnifast Industries Inc Mar 1995 - Mar 1996A tier 2 automotive supplier of cold headed steel fasteners, with $5M in revenue.Managed general accounting, A/P, A/R, and payroll and supervised a staff of three. Created a uniform procedures for processing data and recording transactions.Negotiated favorable terms with leading suppliers during off-peak cycles to improve cash flow by 20%.Switched health and corporate insurance providers, reducing costs by 15%. -
Cost Accountant | Senior Budget AnalystOutboard Marine Corporation Nov 1992 - Mar 1995A Fortune 500 company, $1B manufacturer of outboard engines and pleasure boats.Cost accountant on developmental engines as they were being brought to market. Performed costing and cost analytics for six engine facilities. Performed budgeting, forecasting and consolidations for six engine facilities.
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AuditorCoopers & Lybrand 1990 - 1992GbPreformed financial audits of commodity & security clients, and small manufacturing clients. -
Spec 4Us Army May 1985 - May 1987Arlington, Virginia, Us
Jay Brasel Skills
Jay Brasel Education Details
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Quinlan School Of Business, Loyola University ChicagoFinance -
Depaul UniversityAccounting
Frequently Asked Questions about Jay Brasel
What company does Jay Brasel work for?
Jay Brasel works for Qualiseal Technology
What is Jay Brasel's role at the current company?
Jay Brasel's current role is Sr. Finance Executive-Create Solid Financial Departments & Turns Around Operations | Manufacturing | Industrial | M & A | Acquisition Integration | ERP Implementations | Private Equity | CPG.
What is Jay Brasel's email address?
Jay Brasel's email address is jb****@****are.org
What is Jay Brasel's direct phone number?
Jay Brasel's direct phone number is +170888*****
What schools did Jay Brasel attend?
Jay Brasel attended Quinlan School Of Business, Loyola University Chicago, Depaul University.
What skills is Jay Brasel known for?
Jay Brasel has skills like Forecasting, Financial Reporting, Accounting, Cost Accounting, Financial Analysis, Process Improvement, Budgeting, Cash Management, Strategic Planning, Managerial Finance, Mergers, Consumer Products.
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