Michael Cauthen Email & Phone Number

Burlington, North Carolina, Us

High Point, North Carolina, Us

Leading all shared service functions for fast growing environmental and industrial services company.• Played a lead integration role for two transformative acquisitions. • Spearheaded enhanced board reporting information for quarterly in-person board meetings.• Reorganized and centralized finance department from decentralized and field-based structure, allowing for significant improvement in consistency, timing and efficiency.• Led selection and implementation of budgeting software; significantly improving the budgeting process and the depth of data presented. Ensured that financial targets were regularly measured against actual results, allowing for timely sales and operational adjustments as needed.• Guided development of short- and long-term cash flow models, allowing for creation of capital expenditure forecast and ensuring compliance with lender covenants, while supporting growth.• Directed shared-services integration for all acquisitions.• Directed creation of monthly financial reporting package for management and board and led team that compressed the monthly closing to 8 days from more than 15 days.

Etobicoke, On, Ca

Led all finance functions for fast-growing Hispanic food distribution company. • Successfully renegotiated terms of revolving line of credit, providing liquidity to maximize growth and the ability to strategically purchase inventory to achieve greater profit margins.• • Led selection and implementation of budgeting software. Directed development of company’s first budget.• Guided development of short- and long-term cash flow models, allowing for creation of capital expenditure forecast and ensuring sufficient credit line availability, supporting inventory increase and construction of new warehouse.

Tampa, Florida, Us

Led all finance functions, as well as risk management, legal compliance and fleet operations for a publicly-traded $310 million company. Led a team of 30 employees, including four direct reports. Member of the senior leadership team. • Played a lead role in the successful sale to Cott Corporation (subsequently renamed Primo Water Corporation) for $775 million in March 2020, as part of the four-member senior executive team.• Led refinancing of $225 million credit facility in June 2018 with SunTrust; resulted in over $10 million in annual cash interest savings; combined with the secondary offering, balance sheet was transformed, providing abundant capital for increased growth in the business.• Spearheaded the $75 million secondary stock offering in May 2018.• Launched a corporate professional development initiative, including guiding class of eight high-potential employees through training sessions with other members of senior leadership team.

Tampa, Florida, Us

Managed the financial accounting and reporting, cash management, SEC reporting, equity administration, taxes, internal controls, accounts payable and accounts receivable.• Served as a key member of the integration team for $280 million acquisition of Glacier Water.• Led significant improvement in month-end close and reporting process; close decreased to seven days from over three weeks.

Mount Airy, Nc, Us

Oversaw the financial accounting and reporting, cash management, SEC reporting and accounts payable for publicly-traded $600 million electric services contractor.• Substantially improved cash management by creating forecasting templates and procedures to extend days payable outstanding to 28 days from 18 days; created cash investment policy.• Instrumental in completing documentation and ensuring compliance with SOX internal control requirements.

Mount Airy, Nc, Us

Us

Master Of Business Administration

Bachelor Of Science Degree, Finance

Bachelor Of Science Degree, Accounting

Education record