Jim Drought Iii Email & Phone Number

Seguin, Tx, Us

JLD3 Properties LLC owns, manages and leases real estate.

San Antonio, Tx, Us

Specializing in ultra-high resolution panoramic and time-lapse photography. Additional samples and info can be found at www.flickr.com/jld3.

San Antonio, Tx, Us

o Grew a small, 2-employee sign company with revenues of $200k to 10+ employees and revenues >$1M, before selling minority stake to new owner/operator o Converted an antiquated all-paper invoice accounting system into a full-fledged QuickBooks accounting system with an expansive chart of accounts, hundreds of items and point-of-sale o Developed a proprietary pricing tool using deep analysis of cost accounting to determine actual manufacturing costs for thousands of combinations of products, for purposes of real-time pricing o Converted payroll from a time clock to a biometric device that synced with QuickBooks payroll o Weathered a global economic downturn through cost-cutting measures and margin-enhancements maintaining profitability and positive free cash flow o Provided detailed pro forma financial projections to lenders to secure a new line of credit o Performed and supplied all tax and payroll reporting (e.g., 940/941) o Purchased land and built a ground-up 7000sf Class A office building, tripling the office space of the company

San Antonio, Texas, Us

o Managed all financial operations as company grew from $5m in revenues to $125m in 3 years (Inc. 5000 #11) o Grew the accounting organization from a single bookkeeper to team of 12, including teams for AR and AP o Built and developed the full financial infrastructure of the QuickBooks accounting file from the ground up o Built and maintained the corporate financial model, for purposes of providing full financial pro forma (income statement, cash flows and balance sheet) financial and executive dashboards/reporting and analytical charting o Collaborated with multiple banks to arrange ever-expanding credit facilities; increasing overall borrowing capacity by more than five-fold in the process; read/interpret lending agreements; maintain financial covenants o Prepared monthly financial statements and provided variance analysis vs. budget and forecast o Developed a custom Excel-based procurement tool (PO system) combining master price database with macros, automations, and integration with a 3rd party software tool that enabled batch sync imports into QB o Worked with GM Financial et.al. to set-up auto loan facilities for purpose of purchasing >40 fleet vehicles o Spearheaded review/audit of company financials with a top 40 national accounting firm o Worked with external tax accountants to assist with annual tax returns o Oversaw company insurance plans and requirements (8 different policies) totaling >$400k in annual premiums o Managed corporate credit card spend and increased credit capacity as company grew o Performed comparative analytical cost accounting, breakeven analysis and ad hoc economic analysis o Presented and represented company to investment banks; provided all items to data room, performed all financial modeling, and answered due diligence questions o Created multiple efficiencies through revamped process improvements o Supervised IT and HR teams, including developing an interactive tool to calculate year-end bonuses

Rectangle LLC founded and developed the iOS app Rectangle, which enabled users to order large-scale photos directly from their iPhones. Rectangle created Pictoblocks™ which pioneered the use of clear acrylic as a medium for displaying stand-alone photos. With its proprietary 'dynamic sizing', Rectangle was the only app which offered unique prints sizes that matched the crop size of the photo ordered. Rectangle also offered prints far larger than any other app - up to 4ft. by 20ft.

San Antonio, Tx, Us

o Developed the corporate financial model from ground up; linked to updated income estimates (annual budgets and monthly forecasts); factored changes in working capital, capital expenditures, and other changes in cash to forecast the cash flow statements and balance sheet o Developed and lead the process for which annual operating and financial budgets (and monthly income forecasts) are conducted. Took regional components and consolidated with corporate G&A, net interest expense, taxes, and estimated share count to provide updated net income and EPS projections o Assisted with the preparation of financial statements, including consolidated financial statements across multiple entities; reported actual results and their comparisons to budget and forecast o Developed and lead the entire budget process – corporate-wide – from timelines to creation of regional templates to design and publication of official budget books o Designed excel-based graphs and chart “dashboards” to present data derived from complex detailed financials into an easily digestible and interactive interface o Performed profitability analysis of prospective acquisitions through pro forma & consolidated financial projections

North Ryde, New South Wales, Au

Budgets, forecasts, and operations enhancement.

Ba, Economics

Education record