Michael J. B. work email
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Entrepreneur with start-up/small company experience in multiple industries such as RFID technology, logistics and ground transportation, manufacturing and hospitality.
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Financial ConsultantLinq Ventures Apr 2020 - Present -
Rfid ConsultantAmerican Label Technologies Inc. Dec 2018 - Dec 2022 -
Executive Vice President - AmericasInvengo Technology Corp Aug 2014 - Nov 2018Raleigh, NcOversee all aspects of Americas’ operations, sales & finance for a $5 million subsidiary of a publicly traded Chinese RFID technology company (Invengo Information Technology Co Ltd: SHE:002161).Regularly meet with customers to negotiate pricing, terms and delivery of Invengo RFID products.Developed pricing model for sales proposals and integrated same model into production costing and work order fulfilment to link proposals with outcomes insuring profitability.Implemented inventory controls, ordering materials, production scheduling, and warehouse layout procedures.Developed international shipping procedures for both inbound and outbound shipments.Developed weekly and monthly financial reports for Chinese headquarters.
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ControllerSarasota Yacht Club Oct 2010 - Nov 2013Sarasota, Florida Area$6.5 million private club operation with 75 employees and 600 members including full marina, restaurant, event and charitable functions.Refinanced $15 million senior credit facility and subordinated bonds saving organization $400,000 annually.Instituted new zero based budgeting procedures and forecast models for 1 and 5 year planning.Created Daily and MTD profit reports to improve predictability and budget compliance.Revised retirement and benefit plans to increase employee retention as well as lower overall labor costs while addressing the issues of the Affordable Care Act.Overhauled Jonas Club Management ERP system revising COA, member classifications and data base extraction techniques to enhance target marketing efforts.Oversee all IT, HR, risk management and administration functions. -
Cfo Business ConsultantFractional Cfo/Business Consultant Jan 2003 - Oct 2010Raleigh-Durham, North Carolina AreaProvided clients with tax and financial advice.o Proficient in various accounting software packages including QuickBooks.o Negotiated credit facilities and advised on acquisitions and divestitures that achieved both clients’ financial and lifestyle goals.Director of Administration, Raleigh First Assembly of God, 2/08 to 10/2010. Oversee church organization with annual budget of $3 million, 18 employees and 1,500 members including all IT, HR, risk management and facility functions.Financial Analyst/Contractor, Progress Energy’s Ventures Division, 9/04 to 2/08. Provided legal entity controller services to several non-utility subsidiaries in the coal, synthetic, and alternative fuel operations.
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CfoCapital Cartage, Inc May 2001 - Jan 2003Raleigh-Durham, North Carolina Area$5 million trucking operation with 75 employees that provided ground support for major freight forwarders such as DHL and Emery.Negotiated acquisition of and merged nearest competitor into existing operations which resulted in substantial strategic advantage.Negotiated SBA working capital loan resulted in reduced cost of capital.Supervised accounting staff of 4.
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Cfo/Co-FounderPandora Manufacturing Feb 1998 - Apr 2002Raleigh-Durham, North Carolina Area$8 million contract chemical packaging operation.Negotiated turn key and cost plus contracts with various customers that lead to increased customer satisfaction while insuring profitability.Implemented production process flow planning and scheduling model that resulted in substantial reduction in direct labor costs while maintaining quality and reducing overall inventory carry.Designed and implemented self-insured employee-benefit program reducing benefit costs by 15% while enhancing employee satisfaction.Negotiated revolving credit facility, property & casualty insurance coverage, and numerous other vendor contracts all leading to substantial increased profitability.Supervised 45 employees, directly overseeing all IT, HR and risk management functions.Exited via sale of interest to remaining operating partners.
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CfoSnap Products, Inc Jan 1995 - Aug 1998Raleigh-Durham, North Carolina Area$40 million automotive chemical manufacturer, maker of Fix-a-Flat®, Outlaw® Performance Addititves and other branded products.Engineered a Leveraged Management Buyout to acquire company and then three years later orchestrated its sale to Pennzoil resulting in astronomical returns to shareholders.Enacted numerous EVA initiatives and compensation program changes to better align employees' interests with the corporation's strategic goals and objectives.Initiated activity based costing for both customer account and product line specific reporting which resulted in an increase of gross profit percentage from 33% to 38%.Implemented zero-based budgeting for all operational, marketing and administrative functions to eliminate redundancies.Integrated credit and collection with customer service functions to improve AR recovery rates.Oversaw all IT, HR and risk management functions and a staff of 6.
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Tax ManagerPrice Waterhouse May 1993 - May 1994Raleigh-Durham, North Carolina AreaSpecialized in tax matters including the tax and financial aspects of mergers and acquisitions, international taxation, start-up issues, consolidations and multi-state tax planning. -
Tax ManagerArthur Andersen & Co. Jun 1988 - Apr 1993Miami/Fort Lauderdale AreaSpecialized in tax matters including the tax and financial aspects of mergers and acquisitions, international taxation, start-up issues, consolidations and multi-state tax planning.
Michael J. B. Skills
Michael J. B. Education Details
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Accounting -
Magna Cum Laude
Frequently Asked Questions about Michael J. B.
What company does Michael J. B. work for?
Michael J. B. works for Linq Ventures
What is Michael J. B.'s role at the current company?
Michael J. B.'s current role is Entrepreneur / fractional CFO.
What is Michael J. B.'s email address?
Michael J. B.'s email address is mj****@****aol.com
What is Michael J. B.'s direct phone number?
Michael J. B.'s direct phone number is +194122*****
What schools did Michael J. B. attend?
Michael J. B. attended Florida Atlantic University, Florida Atlantic University.
What skills is Michael J. B. known for?
Michael J. B. has skills like Accounting, Mergers And Acquisitions, Finance, Budgets, Managerial Finance, Financial Reporting, Financial Modeling, Start Ups, Financial Analysis, Strategic Planning, Strategy, Internal Controls.
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