Sam Wornom Email & Phone Number

Texas

StratiFi Partners focuses on being Strategic Financial Partners to its clients by providing fractional CFO and related financial services on a contractual basis to assist them in meeting their financial needs when full time assistance is not feasible or necessary. There is a difference between data and information, and as a business owner you need good information to make good decisions. We bring this "Financial Intelligence" to your business, providing clarity, visibility, and discipline to the process through our strategic, analytical and transactional services. Our clients are typically small businesses with revenues of between $1 and $50 million.

GM&A is a boutique financial advisory firm to small firms on mergers and acquisitions, strategic issues, and temporary or part time CFO engagements. • Directed and managed corporate financial advisory engagements• Increased offer price for client 72% by implementing a seven month operational turnaround plan.• Assisted client in refocusing business to profitability after a decline in revenue from $13M to $5M. • Developed transportation pricing system eliminating unprofitable routes saving over $1M per year.• Managed and programmed transaction analytics that had flexibility; including the ability to include acquisitions made while in the process of selling the parent company.

Co-developed a strategic risk management (SRM) consulting firm focusing on delivering processes, frameworks, and techniques to improve dramatically the profitability and efficiency of businesses. Clients included Boeing, Wachovia Bank, and Praxair.• The Kingson Group approach to SRM: identify, measure, and respond to the full range of risks and opportunities, which impact the firm’s ability to achieve their stated objectives. • Prepared plans, budgets, and marketing plans for this start-up business. • Had direct responsibility for developing and maintaining strategic alliances critical to building and growing the business, and delivering quality advisory services to clients.

Assumed CFO position of a newly formed $30+ million general partnership consisting of three regional food brokers and marketing agents for major national consumer products selling to retail grocery chains.• Refinanced partner debt with new lender to consolidate funding and reduce interest expense.• Consolidated accounts payable, payroll, insurance, employee benefits, and cash control.• In environment of decreasing margins, managed cash to satisfy vendors and meet payroll.• Converted to Navision computer software systems for GL, HR, PR, and fixed assets.• Established safety programs to reduce insurance losses and premiums. • Directly managed the accounting department and the company’s non-degreed controller, without the assistance of a full time CPA on staff.• Analyzed and assisted in corporate mergers.

Responsible for all finance and accounting functions for holding company and subsidiary operation in 30 offices in the United States and Europe. • Replaced existing accounting and job cost software systems on time and within budget. • Directed financial plans and structure for 50,000 sq ft consolidated corporate headquarters.• Evaluated and initiated participation in a captive insurance company saving over $100,000 per year.• Reduced annual professional liability insurance costs by 58%, $305,000.• Initiated, structured, and implemented a multi-faceted long-term strategic corporate financial agenda.• Worked closely with outside auditors to streamline corporate structure and reduce taxes. • Out-performed headquarters budget each year.

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