Laurence Secrest Email & Phone Number

▷ Introduced fixed asset tracking and tax / book reconciliation for 300+ trucks and pieces of heavy equipment.▷ Designed and implemented Fuel Surcharge and software invoicing tools to offset rising fuel costs.▷ Secured financing for expansion.▷ Managed PPP/SBA and ERC tax planning.▷ Established monthly close and General Ledger for captive insurance, standardized subcontract agreements, created 401(k) plan, and negotiated Federal and State contracts.𝐒𝐂𝐎𝐏𝐄: I started with the company following 3-year period of no financial assistance to implement foundational financial best practices and set the company up for success. • Established and maintain internal control processes to ensure GAAP compliance.• Provide tax (federal, state, and local), credit risk and collections, and working capital management.• Develop KPIs for Operations, Sales, and Back-Office. Lead 5-member team (AR, AP, and Collections).• Liaise with external CPA for review and audit.

▷ Grew revenue from $7M in 2007, to $15M in 2008, and to $30M in 2016.▷ Implemented MRP and increased inventory SKU accuracy to 99.25%.▷ Expanded business geography from 14 to 40 states in US, Mexico, Canada, Europe, and Asia.▷ Established refractory supply product line and grew sales from $1M year in 2010 to $6M in 2018, and a 10%-15% margin.▷ Negotiated consignment contracts with suppliers to create a 0-day cash-to-cash cycle, which offset the doubling of primary expense.▷ Executed asset sale in 2015 generating 10X+ return investment to shareholders; completed strategic sales of Mexican and US businesses in wind down, generating segment returns on investment (ROI) up to 200%.𝐒𝐂𝐎𝐏𝐄: I joined this small company as 1 of 2 senior leaders as part of leadership transition (as the owner was looking to retire) and held various titles while consistently maintaining similar accountabilities. • Defined and executed strategic plan and reporting KPIs.• Oversaw working capital – inventory, accounts receivable, accounts payable, and cash management. • Cultivated and maintained key customer and supplier relationships.• Assembled budgets and financial statements; conducted financial statement analysis and spearheaded financial planning. • Managed HR, Sales, Operations, Marketing, IT, and Legal; led direct reports of up to 10 while scaling total team from ~5 in 2007 to 70 at its peak.

▷ Restructured role to model and implement efficient supply chain and inventory to support bankruptcy emergence.▷ Built a team of 10 staff in Tennessee, China, and Italy–formerly performed by 22 staff and 3 managers.▷ Reduced SKUs from 5K to 1.5K while maintaining end product lines.▷ Emerged from bankruptcy 6 months ahead of schedule.• Directed international production, sourcing, procurement, and logistics.• Spearheaded and engaged in supplier post-bankruptcy negotiations for pricing, terms, and minimum quality standards.• Provided customer project management from production through delivery and installation.

Vienna, At

▷ Negotiated and implemented joint-ventures and partnerships in Asia, South America, and Europe.▷ Implemented the first global MRP system across the company’s facilities.▷ Transitioned production from shutdowns in US and France to other company and partner production, saving $5M annually, with increased productivity performance.• Oversaw global supply chain with direct and indirect team in US, Austria, Germany, Sweden, Slovak Republic, China, and Thailand.• Managed North American IT and report writing.𝐂𝐎𝐌𝐏𝐀𝐍𝐘 𝐏𝐑𝐎𝐅𝐈𝐋𝐄: PPC Insulators Group is one of the world's leading manufacturer and supplier of state-of-the-art electrical porcelain insulators for overhead transmission lines, substations and electrostatic precipitator applications.

El Dorado, Arkansas, Us

▷ Wrote business plan and secured start-up financing. ▷ Implemented initial IT accounting systems for GL, Inventory, Cash, and CRM. ▷ Managed budgeting, forecasting, planning, analysis, and building of financial models.▷ Negotiated customer, union labor, supplier, and finance agreements.𝐒𝐂𝐎𝐏𝐄: As the CFO, I…• Oversaw accounting and financial reporting.• Qualified, secured, and maintained all applicable federal and state hazardous materials licensing.• Established accounting and compliance policies and procedures.• Managed private and government projects.𝐂𝐎𝐌𝐏𝐀𝐍𝐘 𝐏𝐑𝐎𝐅𝐈𝐋𝐄: El Dorado Metals specializes in the design, production, and installation of a wide variety of radiation-shielding and lead-shielding products. Additionally, they’re the market leader with their extensive line of industrial products & services specializing in lead burning, lead fabrication and lead construction.

Bs, Finance

As, Business