Kris Ernst Email & Phone Number

Houston, Tx, Us

Houston, Texas, Us

• Worked as Chief Financial Officer for one of Houston Business Journal’s Five Fastest Growing Companies in Houston• Led the finance, accounting, FP&A and treasury departments of the organization• Worked with C-level executive team to set the strategic and financial objectives of the organization • Managed and directed all budgeting, forecasting and financial modeling activities of the organization• Responsible for the analysis and financial assessment of all potential merger and acquisition targets• Responsible for all banking relationships and structuring of all working capital and long term liquidity facilities• Oversaw the Company's NetSuite ERP conversion

Houston, Tx, Us

• Worked with C-level executive team to set the strategic and financial objectives of the organization• Oversaw all finance, accounting and treasury management responsibilities of the organization• Responsible for reporting financial performance to two Boards of Directors and Finance Committee• Responsible for the development and maintenance of annual budget and operational forecasts• Successfully oversaw the financial integration of two different mergers for the organization.• Effective at developing banking relationships and maintaining multiple liquidity sources• Responsible for evaluating the financial performance of the product areas of the organization

Houston, Tx, Us

Managing Director with leading fractional and interim CFO advisory firm providing businesses with Chief Financial Officer expertise, advisory and transactional support in the areas of fractional CFO management, corporate turnarounds and restructurings, mergers, acquisitions, and spinoffs, business valuations, capital formation and deal structuring, business, financial and pro-forma modeling, corporate incentive and performance plan design, purchase price allocation, pushdown and fresh start accounting, financial planning, analysis and corporate budgeting, ERP system implementations and conversions

Tampa, Fl, Us

Major Client: RRI Energy/Genon Energy• Oversaw the merger accounting and financial integration of a $3 billion merger within the power generation industry. • Ensured that all applicable assets and liabilities of the merged entities were recorded at their revised fair market values. • Worked with the external valuations firm to properly value all of the merged entities’ net assets.• Prepared opening day financial statements for the merged entities, including all purchase accounting related adjustments.• Ensured that all purchase accounting adjustments and allocation of purchase price was done in a way that allowed correct segment reporting for the merged entities and newly formed consolidated company.• Following the merger date, completed the merger pushdown accounting, which “pushed-down” the purchase adjustments recorded by the acquiring registrant to the separate stand-alone financial statements of the acquired/merged entities.

Irvine, Ca, Us

Corporate finance consultant with global professional services company specializing in providing CFO level finance and accounting advisory services. Areas of core competency include: equity carve outs, spinoffs, IPO(s), corporate turnarounds/restructurings, crisis and interim executive management, business valuations, corporate budgeting/modeling, merger & acquisitions, financial system integrations, strategic planning, pre and post bankruptcy planning.Major Clients: -- Pride International Inc: International Financial Operations Manager• Oversee the global financial operations and accounting for several continents including Africa and Europe including the month end close, financial reporting, budgeting, capital budgets and cash flow forecasting.• Oversaw the equity carve-out/split-off of their non-deepwater drilling operations into the newly created Seahawk Drilling.• Responsible for the preparation of equity carve-out/split-off IPO financial statements.-- Texas Petrochemical Inc: Interim Director of Financial Planning and Analysis• Developed independent valuation and acquisition models for the company's single largest acquisition.• Completed the purchase price and push down accounting.• Responsible for the corporate budgeting process which included developing customized budget reporting, analysis templates corporate consolidation model and final board presentations.• Assisted in the preparation of fresh start financial statements following the company’s emergence from a Ch. 11 bankruptcy reorganization. -- Mariner Energy: Interim Director of Investor Relations• Developed investor relations' function pre-IPO and then managed it post IPO, which included drafting press releases, conducting conference calls, developing and managing Wall Street relationships, and responding to analyst/institutional investor inquiries. • Assisted in the preparation of SEC filings including 10K, 10Q, 8K, S1 and S4.

Dallas, Tx, Us

• Senior finance executive with leading high growth managed hosting, IT outsourcing and data center company.• Responsible for developing company business growth model and associated financial statement projections.• Oversee all financial management, budgeting, financial reporting, accounting, cash management and billing functions.• Developed comprehensive profit/cost center financial reporting and review systems.• Evaluate new market, joint venture and future business expansion opportunities.• Business review and negotiation of key vendor contracts – power contract, HW purchases, leases software sales, etc.

Irvine, Ca, Us

Financial executive with global professional services company providing CFO advisory services, corporate turnarounds/restructurings, crisis and interim executive management, business valuations, merger & acquisitions, pre and post bankruptcy planning.MAJOR CLIENT:-- Conoco-Phillips Inc. -- Merger & Acquisition Accounting Lead• Retained by a $104 billion dollar NYSE global energy company to complete GAAP purchase and pushdown accounting companywide on a $16.1 billion dollar global business combination involving over 700 different companies and international subsidiaries in five operating segments: exploration and production, midstream, refining and marketing, chemicals and emerging businesses and several hundred legal entities.-- EOTT/Link Energy -- Corporate Restructuring Specialist• Worked as a corporate turnaround specialist for one of the largest publicly traded (NYSE) independent crude oil marketing, gathering and pipeline companies in North America. • Refined company’s ch.11 bankruptcy and reorganization plan which included selling off selling $85 million dollars of non-core business subsidiaries, streamlining annual capital expenditures and redoing debt facilities.• Worked with investment bankers on $105 million dollar equity infusion to recapitalize the company’s balance sheet, pay down debt and implement new $175 million dollar working capital -- MICROBES INC. -- Interim CFO• Interim senior finance executive with an international petroleum services company specializing in providing advanced petroleum recovery technology • Respsonsible for setting up company’s Asian office in Beijing China, and training the local finance and accounting team.• Responsible for developing the company’s annual operating budgets, capital expenditure and profitability plans.• Successfully implemented international financial reporting and accounting systems with overseas offices in six countries.