Robert Nyman Email & Phone Number

Santa Barbara, CA, US

Santa Barbara, CA, US

• In this role, I lead all aspects of financial management operations of two operating divisions comprising 600 employees, four locations, and more than $300M in sales. One of my key duties is to migrate cross-functional.
• Reduced insurance costs by 10% via negotiation of fixed fee brokerage agreement and optimizing coverages.
• Enhanced balance sheet by attaining $10M debt reduction and $10M cash increase.
• Piloted project to convert 50 plus company owned vehicles to personal use vehicles with cloud-based mileage reimbursement and geo tracking software, that gained significant cost savings and liability risk exposure.
• Deployed electronic payment system for customer invoice payment; transitioned 20% of invoice payments from paper checks to e-payments.
• Served as Trustee of ESOP/PSP Committee and Member of 401(k) Committee.

Los Angeles, CA, US

• I was hired as company's first CFO during period of rapid growth and expansion. One of my main duties was to drive penetration into new international and local markets, national chain store business, technology.
• Slashed month end close from two months to 10 days.
• Enhanced accuracy of all financial reports via transition from manual general ledger posting process to automated process.
• Deployed warehouse management system (WMS) for ensuring rapid return on investment by replacing annual inventory count with cycle counts.
• Diminished $1.5M in rent expenses by negotiating leases and overseeing relocation to new warehouse.
• Created and implemented plan to reduce operating expenses, enhance inventory, and improve margins to adjust to economic recession, accomplished higher net profit dollars and margins.

Responsible for all strategic, financial, and operational activities of the organization. Turned around financially troubled $35M food distribution company into a diversified and financially stable $70M organization. Respsonsibilities included: Budgets, banking, technology plan, accounting, operations, logistics, warehouse management, transportation.

Mba, Finance

Bachelor Of Arts (B.A.), Economics & Business

Education record

Continuing Education In Finance, Accounting, Tax, Technology, Management