Sam Pruett Email & Phone Number

Midland, Texas, Us

J&L Laboratories is the only true independent laboratory in the Permian Basin, focused primarily on the upstream market segment of the oil & gas industry. J&L Labs utilizes the latest in state-of-the-art instrumentation and automation to deliver the most accurate results and the fastest turn around times without compromises. J&L Laboratories employs far more accurate instrumentation such as being the only lab to utilize ion chromatography for anion and sulfate analysis, as well as employing instrumentation from Thermo Scientific, Rigaku, Gamry, PSL, PMAC and others. J&L Laboratories is your solution for evaluating, managing and maximizing the potential of your oil & gas producing assets - Potential Unlocked!

Pratteln, Basel-Country, Ch

Pratteln, Basel-Country, Ch

Pratteln, Basel-Country, Ch

Houston, Texas, Us

Manager for the Permian Basin region including five locations and over 80 employees. Recruited to turn around a struggling business that suffered from poor utilization of assets and inefficient manufacturing processes to a profitable and process driven organization.• Reorganized manufacturing and operations by recruiting top talent to improve manufacturing efficiency and security of supply, while implementing essential best practices to lower costs, achieve better quality and product performance.• Reorganized distribution to more effectively utilize high capacity assets, implemented new ordering and delivery systems reducing outages to customers, lead times and inventory levels while driving the organization to profitability.• Built processes and implemented best practices to support implementation of Microsoft Dynamics including order to cash process, materials management, and payables process resulting in a timely close and release of financials.• Became one of the employers of choice in the region by attracting top talent and organizing operations to support its employees allowing them growth and fulfillment in their positions through greater access to training, certifications and promotion.

Sugar Land, Tx, Us

Manage all finance, accounting and tax functions for Russia, the Caspian and Africa, with emphasis on new country entry, joint venture negotiations, and business/ risk analysis. Responsible for all business planning and capital projects in the Eastern Hemisphere and execution of strategic initiatives.• Led the SEC compliant balance sheet consolidation of the $2.4 billion merger of Nalco and Champion Technologies as part of the Ecolab acquisition of Champion Technologies, Inc.• Developed a turn-around business plan for Russia, overcoming pressure to exit through a five-year plan with clear market objectives, a performance management system to achieve goals, and leverage of existing infrastructure. Sales growth of 30% and earnings improvement of an additional 10% of sales realized in two years.• Developed, staffed and managed finance organizations in Caspian and West Africa, while simultaneously acting as chairman of the audit commission for the Kazakhstan JV, which holds the services and production chemistry contract for the Kashagan field in the Caspian Sea worth over $500 million in revenue over the next 10 years.• Advised on tax and cash flow strategies, including negotiating loan agreements with JV partners, compliant transfer of funds, and ensuring successful avenues for repatriation of funds from Kazakhstan and Angola.

Sugar Land, Tx, Us

Managed the finance team of over 12 direct and indirect reports responsible for strategic planning, budgeting, financial management training, long range forecasting, management reporting, annual reports, and bank compliance.• Addressed immediate need for assessment of the SAP reporting requirements fresh into implementation and developed a turn-around plan, including staffing a reporting team with two strategic hires to address immediate programming needs and a rapid response process to prioritize requirements, bring stabilization and increase morale. • Implemented and directed the first internal global strategic planning effort. After implementing the global strategic planning effort, the company grew from $350 million in sales $1 billion, achieving its highest levels of profitability.• Implemented a full suite of SAP Business Explorer/Excel based financial and operational reports, custom ABAP reports, dashboards, customer profitability reporting that continue to be key elements of the company’s order to cash process.• Evaluated multiple consolidation and reporting tools and selected to implement SAP’s SEM-BCS tool. Directed the system configuration and consolidation of a complicated legal structure with over 40 companies in 17 different currencies. The result was a process that delivered GAAP/IFRS compliant year-end reports in one-third of the time, returning ownership of the company’s books and saving the company nearly $1 million in audit fees annually.

Houston, Texas, Us

• Provided support to executive management, serving as a knowledgeable, reliable, and trusted source for successful execution of initiatives, information, economic analysis, recommendations, business plans and presentations.• Implemented reporting solution based on the balanced scorecard system and led the implementation of financial elements of the Stern Stewart EVA Program.• Contributed to operational performance through financial analysis, and recommendations leading to growth strategies and acquisitions to complete vertical integration consuming over one billion pounds of chemicals in end use products.• Directly managed the divestiture of two underperforming manufacturing facilities by preparing offering memorandum packages, soliciting buyers, facilitating site visits and using an auction style process to divest the properties at substantially better prices than expected.• Implemented Hyperion Essbase as part of an SAP implementation and designed reporting solutions leading to better decision making and accolades from the vice-chairman on improvements to reporting and leveraging SAP functionality.• Implemented Crystal Reports to provide even greater analytical capability for manufacturing to optimize performance.

• Joined the company to provide financial analysis and subsequent financial management in a bid to acquire the Sesquinet Network from Rice University – the last internet hub from the original DARPA project in university hands to go private.• Contributed to winning the bid for the acquisition of the telecommunications network through creative and persuasive presentation of five year strategic plan to directors of Rice University. • Identified, setup and staffed new satellite office location in Austin, Texas, doubling capabilities while expanding the company’s market opportunities and gaining access to a larger talent pool.• Took over direction of development groups by analyzing customer base and focusing on highly profitable customers, resulting in billable time increasing over 30% and improved struggling project turn-around by over 50%.

• Directed the management of two company owner storefronts while providing business support to over 40 franchisees including business planning, startup support, and operational consulting• Improved operating performance and license revenue by identifying key business drivers and developing business support services program.• Developed business plans for franchisees with little financial experience aiding them to understand business economics, such as preparing important cash flow forecasts.• Partnered with franchisees to develop automated real-time metrics for monitoring operations and performance against financial goals.

Mba, Finance And Accounting

Executive Development And Advanced Leadership Training Taught Through Ut Dallas, Organizational Leadership

Undergrad, Business