Tom Chudecke Email & Phone Number

Seattle, US

• Interim CFO for growing manufacturing company. Helped provide strategic direction and establish best practices to maximize cash flow. Worked outside banking relationships to gain confidence in company’s financial.
• Completed an organizational review of all operations of a $75 million dollar manufacturing company to help prepare the company to grow to $100 million. Actively worked with the management team to look at alternative.
• Led the successful sale of Sensor Manufacturing Company at their asking price in September 2016.

Seattle, WA, US

• Recruited to full CFO role (following interim assignment) overseeing all accounting, finance, operations, and IT functions for this 90-employee services organization. Manage team of 2 direct reports and an indirect.
• Report to Board on a quarterly basis and serve as a member of senior executive team; play key role in all strategic planning, hiring, and capital investment decisions—in addition to serving as a “change agent” able to.
• Modernized numerous corporate IT functions, including leading the selection, implementation, and configuration of a new Sage 300 ERP application and related add-on CRM and TimeLinx time entry and billing systems.
• Led design/implementation of a new website, tied directly into the Sage 300 ERP, that would serve as the core registration and billing platform for the company’s rapidly-growing training arm (both classroom and.
• Implemented the first-ever credit card billing functionality for various corporate lines of business, automating the process and reducing labor requirements by.5 FTE; additionally shifted the company over to a new.
• Converted company over to a new payroll provider and system – integrated with the 401k program– which has greatly reduced labor costs and improved payroll processing accuracy. Shifted from 37.5 to 40-hour pay week.

Bellevue, Washington, US

• Senior CFO consultant for this leading Northwest financial consulting firm; history of completing over 25 successful projects to date involving the growth, turnaround, stabilization, and/or sale of companies across a.
• Served as Interim CFO of a mid-sized robotics company, leading the company from potential bankruptcy to profitability through strong budgeting and strategic planning measures. Developed a new financial model to secure.
• Raised $400K to help finance the expansion of a wireless technology business, securing a line of credit to provide working capital; additionally implemented new software to improve distribution.
• Helped value/analyze a $10M retail business, working with Alexander Hutton to position it for successful sale. Worked closely with CEO to implement the controls and strategy necessary for increased profitability.
• Built new cash flow model for a mobile technology startup which was instrumental in securing $30 million in financing from Vulcan group.
• Led the procurement of new working capital financing for an equipment manufacturer and distributor

Seattle, WA, US

• CFO\COO for this mid-size law firm, holding responsibility for overseeing Marketing, IT, Finance, Accounting, Tax, Operations, and Human Resources.
• Implemented Elite Enterprise accounting package to improve efficiency/reliability of financials.
• Trained staff in new accounting procedures to ensure more timely financial reporting.
• Implemented digital dashboard to highlight key indicators important to managing the business.
• Built and trained a new accounting staff from the ground up.
• Negotiated and collected prior CAM charges, resulting in over $60,000 savings.

• Oversaw all aspects of Finance, HR, IT, Accounting, and Vendor Management for this Northwest technology systems integrator.
• Developed strategic plans, which resulted in a 70% increase in professional services revenue.
• Increased working capital by 50% by reducing accounts receivable to 45 days.
• Negotiated creative debt repayment structure, which provided long-term financing.
• Improved relationships with key suppliers, resulting in 50% increase in available credit.
• Designed new tracking tools for maintenance contracts, resulting in 30% increase in revenues.

US

• Successfully audited and appealed a tax assessment, generating $200,000 in savings.
• Implemented organizational changes that resulted in a 20% reduction in operating costs.
• Developed procedures that eliminated the need for as many as 3 additional FTE employee hires.

• ADI is a start-up medical technology company using ultrasound and diffractive energy imaging technology.
• Raised over $4 million in private funding through Madrona Venture Group, Perennial Ventures, and Arch Venture Partners.
• Developed a successful 5-year plan for raising additional capital from the local venture capital community.
• Started the company from scratch; set up office, computer networks, accounting systems, and telecommunications within 60 days of initial hire.

• EDERER is the largest specialized crane material handling company in the United States, encompassing over 100 employees and $20 million in annual revenues.
• Finalized implementation of new manufacturing software package which resulted in reducing financial close from 60 days to 20 days.
• Reduced AR days outstanding from 120 days to 45 days.
• Reduced costs by 50% by developing financing alternatives for international projects.
• Implemented process change and capital investment resulting in over $1 million in savings.
• Decreased time of contract review/release from 90 day backlog to 30 days.

• History of promotions within this contract engineering, design, and manufacturing company, including roles as Controller and CFO.
• Raised over $3.6 million in angel financing.
• Negotiated Bank financing, which allowed for a 50% expansion in product offerings.
• Developed technology strategy for customer components, which resulted in savings of 30%.
• Successfully launched Coinstar product, which today has sold over 10,000 units worldwide.
• Negotiated leveraged purchase of EMF that involved long-term payment parameters and debt forgiveness of $400,000.

Mba Financial Management, Finance

Bachelor Of Science (Bs), Accounting