Group Cfo
CurrentIn consecutive roles, I lead strategic financial initiatives for a $120M logistics and transportation enterprise serving industrial and energy markets. I enhance operational effectiveness through restructured financing and optimized asset utilization. I facilitate equity transitions, including leveraged buyouts as well as negotiate complex banking deals. I provide valuable insights to drive sustainable growth and optimize performance.Here are my notable achievements from the tenure:• Built the HR department: onboarded 430 employees and spearheaded the rollout of online systems for payroll, recruiting, and benefits. Successfully negotiated employee benefits programs, resulting in a $500K savings in worker's compensation and a 40% reduction in life insurance premiums, achieving a $240K saving with only a 13% decrease in benefits.• Generated an additional $2M through the strategic transition of the company’s legal status from a C-corporation to an LLC.• Reversed a $2M cash deficit within 9 months and minimized debt by $3M in 18 months, all without the need for additional equity.• Restructured fleet financing to eliminate capital leases and adjusted loan payment schedules to maintain positive cash flow during seasonal demand fluctuations; refinancing leases led to a 20% decrease in long-term debt costs and enhanced cash flow.• Improved return on equity by 13% and the equity-to-assets ratio by 17.5% through adept debt restructuring.• Directed the valuation, negotiation, and successful acquisition of a $40M company, and secured a 95% return on investment.• Delivered $850K in savings by leading a key project to consolidate locations.• Secured $260K in concessions and 80% ratification rate among members via renegotiation of a labor union contract with drivers.• Implemented a business intelligence system that integrates administrative, operational, and mobile systems.