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A key member of executive teams for the almost 20 years. Successful at strategic planning and communicating company goals and objectives, then holding associates accountable. Possesses a strong business acumen with a clear sense of purpose and urgency in achieving results. A leader of process improvement through the successful project management of cross functional teams. The highest degree of expertise in all financal areas. A trusted advisor to company ownership and President/CEO.SpecialitiesManufacturing cost reduction and controlBudgeting, forecasting, and financial analysisStreamlining operationsProject managementFinancial reporting including dashboard internal and external reportingBank covenants testingPrivate equity experience
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Cfo And CooSavor Street Foods, Inc.Reading, Pa, Us -
Cfo/CooSavor Street Foods, Inc. Oct 2023 - PresentReading, Pennsylvania, UsResponsibilities include Finance, Human Resources, IT, Production, Maintenance, Quality, Safety, and Purchasing. -
Chief Financial OfficerEcopax, Llc May 2023 - Oct 2023Us -
Chief Operating OfficerHummock Industries Sep 2022 - Jun 2023 -
Cfo And Vp AdministrationHummock Industries Apr 2018 - Jun 2023 -
CfoHeyco Metals, Inc. Apr 2018 - Jun 2023
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Vp Sales And FinanceMishimoto Dec 2012 - Apr 2018Garnet Valley, Pennsylvania, Us -
Evp/Chief Financial OfficerTranslogistics, Inc. Nov 2010 - Aug 2012Exton, Pa, UsA leading Logistics management and consulting firm.; Instrumental in helping the company (founded in 1994) achieve record revenue and 100% profitability growth in 2011, while achieving a 5% reduction in Selling and Administrative costs.A key member of the company’s management team.Negotiated lower cost financing arrangements through the company’s bank.Recommended areas for cost improvement based upon analysis of company operating costs compared to forecast and budget.Significantly improved the company’s benefit programs while holding costs constant for two consecutive years.Created and prepared the annual budget, quarterly sales forecasts, financial forecasts, dashboard and trend reporting.Presented company financial results in corporate board meetings.Reviewed and improved company processes using quality improvement tools. Documented all company procedures in a common format and filed in a centralized retrieval system.Led various cross functional team projects to completion within budget and time goals.Key contributor in the company’s formal, facilitated strategic planning sessions.Recruited, hired, trained, and developed key staff members.Key contributor in all corporate charitable activities and events. -
Chief Financial OfficerTray-Pak Corporation Jul 2001 - Nov 2010Prepared financial reporting and analysis of results compared to plan and forecast.Provided financial studies of all custom production runs, developed manufacturing standard costs and pricing for new products.Developed valuation models and assisted in securing financing for the sale of the family owned business to private equity ownership.Prepared purchase accounting adjustments subsequent to the sale of the company.Developed company strategic financial plan and departmental budgets to hold each area accountable for costs to the plan.Implemented company-wide ERP software to improve information to users in all departments. Increased IT security and data duplication to minimize company risks.Developed a cash flow forecasting model to maximize working capital.Developed a labor strategy based upon the annual budget and review of order backlog.professional experience and SELECTED accomplishments (cont.)Negotiated all major costs for the company including raw materials, employee benefits, and property and casualty insurance lines.Improved all Treasury functions including customer credit and cash management.
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Credit Manager/Senior Financial AnalystCarpenter Technology Corporation Jun 1996 - Jul 2001Philadelphia, Pa, UsDeveloped credit controls for worldwide customer base. Worked closely with sales and commercial departments to maximize sales while minimizing receivables risk.Worked with Executive management to value acquisition targets.Prepared company consolidated SEC financial reporting and filings including forms 10k and 10Q.Implemented new technical GAAP accounting standards.Improved cash flow by implementing a customer collection software package achieving a three day reduction in DSO.Developed a database of all customer contacts used to implement collection strategies.Streamlined financial reporting from acquired companies.Prepared the financial sections of the company prospectus in support of its equity offering to fund a major acquisition.Prepared financial reporting used as evidence in anti-dumping cases. -
Financial AnalystAir Products Sep 1991 - Jun 1996Allentown, Pennsylvania, UsAdministered customer supply contracts using price escalator and de-escalator formula calculations. Forecasting pricing in support of commercial business development areas.Prepared and analyzed product line management reporting.Prepared company consolidated SEC financial reporting including integration of foreign legal entities.Accounted for foreign currency debt and swap contracts. Prepared all company debt footnotes.Researched the impact on the company of new technical GAAP accounting standards.Improved company cash flow by implementing a vendor managed just-in-time electronic usage and billing system with two large customers.Prepared capital budgeting analysis for plant expansions. -
Staff And Senior AccountantReinsel & Company Jan 1987 - Sep 1991Provided technical accounting and income tax services to clients.Performed audit and review client services.Worked closely with small business owners to improve financial understanding and results.
Kenneth Ritter Skills
Kenneth Ritter Education Details
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Saint Joseph'S University - Erivan K. Haub School Of BusinessFinance -
Widener UniversityBusiness Administration
Frequently Asked Questions about Kenneth Ritter
What company does Kenneth Ritter work for?
Kenneth Ritter works for Savor Street Foods, Inc.
What is Kenneth Ritter's role at the current company?
Kenneth Ritter's current role is CFO and COO.
What is Kenneth Ritter's email address?
Kenneth Ritter's email address is jj****@****cos.com
What is Kenneth Ritter's direct phone number?
Kenneth Ritter's direct phone number is +148494*****
What schools did Kenneth Ritter attend?
Kenneth Ritter attended Saint Joseph's University - Erivan K. Haub School Of Business, Widener University.
What skills is Kenneth Ritter known for?
Kenneth Ritter has skills like Process Improvement, Mergers And Acquisitions, Finance, Cross Functional Team Leadership, Financial Reporting, Forecasting, Strategic Planning, Budgets, Management, Leadership, Executive Management, Cash Management.
Who are Kenneth Ritter's colleagues?
Kenneth Ritter's colleagues are Neasia Bowers, Krissy Thompson, Tabeer Ahmed, Melissa Baer, Guy Carroll, Lamont Bates, Rory Emery.
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