Chief Financial Officer | Vp | Treasurer | Secretary
Alpharetta, Ga
Planned, staffed and directed all accounting, finance and information technology functions for this multinational sales and service company with operations in North and South America.Partnered with CEO to achieve consistent revenue growth of 10-15% per year.Tightly controlled expenses, in a period of challenging market conditions, to reduce overall operating expenses and expand contribution margins by 10%.Designed integral profit calculation model that served as the basis to determine customer pricing strategies.Implemented gross to net sales reconciliation and net revenue reporting methodology for revenue recognition and reserve management.Consolidated credit and collection function. Reduced outstanding receivables from 75 to 55 days, minimized risk from marginal customers and increased cash flow up to $2 million per month.Introduced inventory management and forecasting processes that increased inventory turns by 50% and improved on-time shipment rates of critical inventory items to 95%.Developed and implemented key financial policies and procedures, including policies and controls for capital, inventory, general expenditures, signature authorizations, etc.Streamlined processes and implemented productivity improvements leading to a reduction in accounting close from 5+ to 3 days and a reduction in finance and accounting staff by 50%.Directed a staff of 16 finance, accounting, information technology and logistics professionals.Established new regional operations in Mexico and Brazil in support of company growth strategy.
