Bob Guthmann Email & Phone Number

Mount Laurel, Nj, Us

Experienced finance executive offers financial and accounting services for client companies to increase growth and profitability. Over 20 years as a CFO and Controller with responsibility for accounting, treasury, HR, purchasing, and IT. Services include:• CFO functions on a consultant basis including managing, recruiting, and developing staff• Strategic Planning• Mergers & Acquisitions/Exit Strategy • Forecasting/Budgeting• Financial Reporting & Analysis• Credit Line and Loan Negotiations• Accounting System Upgrades and Implementation• Cost Management and Reduction• Vendor and Supplier Negotiations• Set Up and Improve Benefit Plans• Liaison with External Auditors• Board of Director Packages and Presentations• Special Projects

• Responsible for Finance, Human Resources, IT, Legal, and Procurement Departments, including all accounting/financial functions, employee benefits, corporate and store Web sites, intranet, store sales reporting and analysis, and franchisee financing.• Led sale of business to triple value in five years, including production of Confidential Information Memorandum, presentations to prospective investors, and due diligence for buyer and team of experts. • Corporate Secretary, Treasurer, liaison to Board of Directors, and key member of senior management team focused on strategic planning, system-wide sales/profit goals, and policies to promote franchisee success.• Reorganized finance group and provided leadership enabling transition to one of the company’s major strengths.• Structured new bank loan which significantly increased line of credit to improve cash flow flexibility and provide more frequent cash distributions to shareholders.• Implemented ACH program for franchisees to accelerate cash flow, automate cash applications, and reduce paperwork processing.• Increased efficiency by upgrading accounting software to MAS 200 which enhances processing and internal query writing. • Achieved significant system growth by interviewing and selecting the right franchisees.• Developed and produced new weekly dashboard to measure operational and marketing initiatives, thereby giving franchisees greater understanding of their strengths and weaknesses.• Created single database for entire company to facilitate consistency and information sharing among departments.• Built strong relationships by providing senior-level support during visits to franchise locations.

• Directed all financial and human resources functions, including accounting, forecasting, budgeting, insurance, tax, treasury, benefit plans, and audits.• Promoted to corporate officer and member of senior management team. • Negotiated capital lease line of credit for over $1 million to purchase key assets and bank line of credit for $500,000.• Established new bank facility for $1.4 million while taking out secondary lender, thus extending loan and preventing default of covenants.• Initiated and executed a tax transfer program selling net operating losses which yielded profitable cash gain of $188,000.• Negotiated long-term interest free settlements for over $1 million with key supplier.• Reduced expenses $260,000 annually by negotiating lower rates from vendors.• Initiated credit insurance to protect receivables and allow more flexibility in providing credit to slow paying customers.• Generated savings of over $100K in corporate and personal taxes for S corporation shareholders by merging two companies into one.• Implemented new 401(k) plan providing superior choice of funds.

• Saved $250,000 by converting bankrupt customer’s receivable into book exchange program.• Managed staff of 12 responsible for general accounting and finance.• Played major role in West Coast acquisition.• Negotiated below prime rate agreement with major bank. • Designed and utilized new model to analyze important customers for profitability.• Produced key management reports identifying company’s strengths and weaknesses.

• Developed new categorization job cost reporting system.• Reduced costs by 25% while negotiating improved health benefits package.• Established banking relationship and negotiated loan agreements.• Set up all benefit plans including 401(k) and cafeteria.• Designed monthly cash flow model that integrates profitability forecast.

Master'S Degree, Business Administration And Management, General

Bachelor Of Science (Bs), Accounting