Jim Wright Email & Phone Number

Responsible for all financial aspects of company. In addition to assisting CEO i raising venture capital negotiated a supplemental line of credit.managed audit process, and prepared monthly financial reports for executives, bank and venture partnerPrepared financial forecasts etc

Fulton, MD, US

Atlanta, Georgia, US

Responsible for finance and accounting function for $750mm specialty chemical company with world wide operations

Atlanta, Georgia, US

• Division CFO of $250 million specialty chemical business, (June 2006-December 2006)
• With Strategic Business Unit Director, developed a profit improvement plan which identified over $50M in savings.
• Led integration of $30 million Chinese acquisition.
• Key member of team that developed start-up biospecialties venture, with activities including analyzing both markets and R&D opportunities.

Atlanta, Georgia, US

• Corporate Controller (2002-June 2006)Responsible for worldwide accounting, consolidated financial planning and control, tax, and credit and collections.
• Led financial team in support of due diligence activities for 2004 sale Subsequently, led purchase accounting and opening balance sheet audits.
• Led financial integration of Noviant into CP Kelco with total sales of $250MM.
• Overhauled staff, going from several material external audit exceptions to no material recommended adjustments in 1 year, with $1 million in reduced costs.
• Strengthened internal controls,
• Led Sarbanes-Oxley initiative.

US

• Responsible for manufacturing, distribution, purchasing, and quality assurance. Oversaw 5000 personnel through 6 direct reports. Concurrently, held P&L responsibility for Intimate Apparel Division of $400m.
• Reduced inventory $55 million 30% while increasing fulfillment 10% by improving sales forecasting and production planning through enhanced automation.
• Decreased costs over $15 million by consolidating 11 to 8 plants, streamlining production planning and purchasing, and consolidating key vendors.

US

• Reporting to President and Chief Executive Officer. Held responsibility for finance, banking relations, manufacturing, sourcing, distribution, MIS, planning and legal,
• Played critical role in successful 2-year turnaround of this company, transforming a $6 million annual loss into a $13 million profit.
• Served as CFO during LBO of $150MM by Chase Capital Partners from Crystal Brands.
• Implemented SAP manufacturing and financial systems. Reduced annual MIS costs from $5.1 million to $3.7 million.
• Decreased manufacturing costs $9 million, or 25%, over 2 years
• Decreased costs of sourced finished products (primarily in the Far East) and raw materials 10-15%.

Founding Partner in boutique management consulting firm serving Fortune 500 companies in finance, operational improvements and IT. clients included Estee Lauder, Texaco, Chase Manhattan Bank, Equitable Life to name a few.

Mba, Finance

Bs, Industrial Mgt