Jay Powers Email & Phone Number

Providing CFO Advisory services on an interim or project basis. Focused on serving public or private companies with revenue between $25M - $300M+. Projects include:- Confidential Entity- Contract CFO to support a $40M privately owned manufacturer of pharmaceutical packaging equipment prepare for equity transaction. Project included: restatement of financial statements, development of data room, advising management team, interfacing with investment bankers/bidding entities and developing required analyses.- Infinitum Electric - Contract Fractional CFO. Infinitum is a start up firm which has developed a reimagined AC Motor using printed circuit boards replacing the metal stator resulting is a smaller and more energy efficient solution. Projects including supporting PCAOB Audits and NetSuite implementation.- Wave Electronics - Interim CFO which was a newly acquired bolt on acquisition to a $450M PE backed consumer electronics distribution company. Projects included: Acquisition integration and accounting, budgets, forecast and cash management.

Austin, Tx, Us

CFO for privately held manufacturing, distribution and installation business serving the automotive aftermarket with leather interiors, classic car interiors and sunroofs. Also serving the Recreational Vehicle OEM industry with Class A front seating and all RV furniture. Focused on revenue growth including reseller acquisitions and cost reductions focused on supply chain and distribution cost improvements.

Austin, Texas, Us

Transformed the Active Power legal entity into a financial service company by acquiring RCP Advisors, a leading private equity investment management firm. Divested the Active Power operations in November 2016, changed the business to a holding company and brought in new investors. These measures were put into action to improve long-term shareholder value and to retain our valuable tax deferred tax assets. Price per share increased > 500%. The Company is OTC listed as PIOE.

Austin, Texas, Us

Responsible for finance and accounting, legal, treasury, information technology, risk management and investor relations for global uninterruptable power supply (UPS) and modular infrastructure solutions company. Company was a NASDAQ (ACPW) listed company with $60M revenue.

Reporting to the CFO of this $550M NYSE listed global manufacturer and supplier of two types of consumable products used primarily in the production of paper-clothing and roll covers.Manage the corporate controllership functions including SEC reporting, internal management and board financial reporting/analysis, internal controls and external audit management. Xerium was a spin-off of Invensys and run by the former management team I worked with at Invensys Power Systems Division.

Reporting to the President of this $250M division of Xerium (a former Invensys Company). Direct a broad range of financial functions including accounting, forecasting, budgeting, reporting, business analysis, internal controls and working capital management. Manage staff of fourteen financial professionals, thirteen plant accountants.

London, United Kingdom, Gb

Reporting to the CFO and the Director of the Audit Committee of this $5B global industrial automation, controls and transportation group headquartered in London England. Tasked to fulfill this role after the completion of two divestitures to bring an operational focus to the internal audit team.

London, United Kingdom, Gb

Reporting to the President of the Lambda Division of Invensys which is a $450M leading global manufacturer of power supplies. Global presence with 85% of sales from international operations including a 58% ownership of a listed Japanese company. Appointed to the position to lead the divestiture resulting in successful sale to TDK.

London, United Kingdom, Gb

Reporting to the President of the Powerware Division of Invensys which was a $775M leader of power quality and power management equipment and services. Multinational presence with 40% of sales from international operations. Prepared the business for divestiture including US GAAP three-year stand-alone company audit, offering memorandum, management presentations, data room organization and due diligence meetings with buyers. Successfully sold the business to Eaton Corporation.

London, United Kingdom, Gb

Reporting to the VP, Controller of this $2.6B manufacturer of power control and energy storage products for telecommunication, IT and factory automation applications. Provide operational finance and technical support to the divisions’ operations. Coordinate divisional financial management programs including major capital investments, acquisitions and divestitures, restructuring and financial reporting.

Zurich, Zh, Ch

Reporting to the President of this $175M manufacturer and reseller of variable speed drive and motor products with a manufacturers representative and distributor sales channel. Direct a broad range of financial functions including accounting, forecasting, budgeting, reporting, business analysis, internal controls and facility management.

Zurich, Zh, Ch

For the regional holding company for $6B US operations of Asea Brown Boveri Ltd., a Switzerland based $35B worldwide supplier of power generation, power transmission, transportation and industrial products and services.

Zurich, Zh, Ch

Combustion Engineering was then acquired by ABB where I then spent 9 years in various roles at Division HDQ and Operational finance.

Zurich, Zh, Ch

Responsible for monthly consolidation of this publicly held worldwide operations. Maintenance of controls in consolidation and reporting to ensure data integrity.

Us

Prepared monthly and annual forecasts of operating results and analyzed cost variance trends. Member of project team responsible for financing package to support acquisition of Purolator Courier. Prepared financial statements and analyses for internal management and external reporting.

London, Gb

Responsible for the planning, coordination and supervision of various audit engagements. Worked with clients in the petroleum, manufacturing and service industries.