Steve Snipes Email & Phone Number

Virginia Beach, VA

Norfolk, Virginia Area

Headquartered in Virginia Beach, Virginia, LoanCare is among the three largest subservicers in the mortgage industry delivering advanced servicing expertise for performing and non-performing loans.

Norfolk, Virginia Area

• Led North American finance effort for 2 P&Ls spanning 14 sites with $120MM+ in revenues. Partnered with senior leadership to provide critical business strategic and operational decisions. Developed operating plans and.
• Exceeded revenue operating plan by 19% and delivered 8 point margin improvement through product rationalization, rigorous cost control and focused asset investment in opportunistic target markets
• Developed accounts receivable past due team rigor that saw 14 point improvement
• Designed and maintained sales initiatives that generated over $2 MM of incremental sales
• Managed $50 MM capital spend while delivering 25% ROI

Norfolk, Virginia Area

• Consolidated and coordinated financial estimates and plans for $700 MM global business. Built reporting and analytic infrastructure for newly formed business group that contained 17 P&Ls and multiple ledgers..
• Exceeded margin plan by $10 MM of through cost reductions, productivity and aggressive pricing management
• Led project that converted trade payable to monetized program resulting in $2.5 MM cash improvement

Greater Philadelphia Area

Provided financial leadership and analysis for $2 B water services and products business. Helped develop and maintain the new product introduction vetting and tracking process. Analyzed costs for marketing, product management, corporate sales and field services teams - ($40 MM spend). Supervised 2 financial analysts.

Austin, Texas Area

Managed commercial finance integration efforts for newly acquired $1.7 B international security systems provider representing 10 P&Ls. Reported, forecasted and analyzed revenue data. Communicated results to executive leadership and provided inputs for Wall Street releases. Developed and maintained price and mix analytics. Organized finance efforts in.

Greenville, South Carolina Area

• Served as CFO for $40 MM wholly owned subsidiary producing industrial computers. Led A/P, A/R, payroll, cost accounting, inventory, reporting, fixed assets and order service functions.
• Realized $3 MM reduction in operating costs through rigorous cost control actions
• Introduced inventory management techniques that reduced balances by 21%
• Reduced headcount by 30% and realized 8 point improvement in overall operating margin for the business
• Automated orders, sales, margin, and headcount reporting to web based application saving $200K annually

Charlottesville, Virginia Area

Held a number of positions to include Financial Planning & Analysis, Manufacturing Finance, Variable Cost Productivity Leader and Six Sigma Black Belt.

Charlottesville, Virginia Area

Lead Buyer at large health services center responsible for operating rooms, consumables and capital purchases.

Washington D.C. Metro Area

Developed deal pricing analysis and bid pricing proposals.

Mannheim Area, Germany

Led soldiers overseas in defense of our nation. Achieved rank of Captain.

Master Of Business Administration (M.B.A.), Finance & Marketing

Bachelor Of Business Administration (B.B.A.), Finance

Activities and Societies: Army ROTC 4 year scholarship recipient, Alpha Tau Omega House Manager & Pledge Trainer, Order of Omega