Chief Financial Officer (Cfo - With Additional Oversight Of Manufacturing Operations)
• COMPANY: Family-owned mid-market manufacturing & distribution consumer products company with customers internationally. Recognized multiple times by the industry as “first in product category” & by various customers as “supplier of the year”. • POSITION OVERVIEW: Led all aspects of financial operations including accounting, reporting, budgeting/forecasting, cash & treasury management, & financial systems implementation & administration. **FINANCIAL PERFORMANCE**• Instrumental in growing the company’s revenue 143% & contributed to the expected sale of company at a premium in 2018.• Led the cost analysis team that led to significantly improved gross profit margins.• Drove sales team efforts that reduced retail customer program costs & increased average gross profit 5%.**OPERATIONAL EXCELLENCE: FINANCE**• Transformed highly leveraged company balance sheet to low/no debt & below prime financing rates.• Negotiated special credit line that saved $2.2 million in raw material costs. **OPERATIONAL EXCELLENCE: MANUFACTURING**• Project leader of team that designed, evaluated & implemented state-of-the-art software systems. Delivered on time & 30% under budget without business interruption & enabled significant company growth.• Worked jointly with Plant Manager to improve products & lower costs while also improving product quality, team work & worker productivity. **STRATEGIC INITIATIVES** • Coordinated with investment bankers on best positioning company for sale to private equity at maximum selling price.• Key contributor to sourcing strategy that addressed Chinese entry into U.S. manufacturing • Instrumental in bringing Six Sigma & Lean Manufacturing concepts & training to the company.**TALENT MANAGEMENT**• Led efforts for employee safety training, policies & procedures that virtually eliminated accidents & injuries, resulting in a dramatic reduction of workers’ compensation & property & casualty insurance premium rates.