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Results driven accounting and financial management executive with progressive experience in finance and operations management across multiple industries. Strong skills in development and implementation of financial controls and processes, leading to improved financial reporting for management teams. Excellent communication, interpersonal and leadership skills including problem solving and adapting to change in the business environment. Key skills include:*Accounting & Financial Management/Operations*Budget Development & Management*Business Planning & Analysis*ERP Conversions*Cash Management & Banking Relationships*Financial Reporting & AnalysisStaff Management & Development*ERP Solutions Implementation*Procedure Development*Team Building & Staff Retention
The Grove
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CfoThe Grove Oct 2017 - Present
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CfoKoni Hospitality Jul 2016 - Oct 2017Chula Vista, Ca, UsKoni Hospitality is a soft goods supplier that offers a “Total Soft Goods Solution” which includes bedding, drapery, linen, bath, spa and eco products. We have provided branded soft goods programs for luxury hotels, brands and independent hotels and resorts worldwide. Hotels and resorts worldwide have embraced Koni’s bedding and drapery concepts for more than 30 years. Koni Hospitality serves that need by continually introducing new ideas and low-maintenance products that offer beauty, luxury, and comfort. Product development at Koni Hospitality always focuses on the needs of the people who design, decorate, and operate hotels. Our fabric and design options provide an infinite number of configurations. -
CfoCurrent Audio 2008 - Jul 2016El Cajon, Ca, UsArchitectural loudspeaker manufacturer with product sold globally. Ground floor leadership from inception of the company with budget planning, financial statement reporting and analysis, cash management, ERP system implementation and management, manage accounts payable, accounts receivable, internal controls, insurance policy management, manage payroll and human resources. Implemented and managed all financial reporting aspects of the company including new ERP systems, QuickBooks and Great Plains, while maintaining banking relationships, insurance requirements, forecast modeling, budgeting and financial reporting.Collaborated with senior management/ownership to create business plans and analysis including extensive use of MS Excel for forecasting financial statement activity and sales projections.Managed budgets with high growth rates of 50%-90% year over year.Set up product tracking in ERP warehousing module for proper inventory control including use of barcode system for more efficient order processing and inventory reporting.Developed procedures for front and back office processes to maximize efficiency utilizing ERP system and MS Office products. Trained and managed staff of 5 on processes and efficiencies.Managed operating expenses to reduce overall costs 3% - 4% each year through system efficiencies as well as staff management and development.Worked with lending institutions to acquire financing for operational use and short term loans. -
Controller / CfoAdvanced Electronic Solutions 2003 - 2011Low voltage systems integrator for residential and commercial applications in San Diego. Financial statement reporting, budget planning and analysis, cash management, banking relationships, ERP system implementation and management.CFO (2007-2011)Controller (2003-2007)Created and maintained financial reporting package for senior management/ownership for monthly, quarterly and year end closings, allowing a more detailed view of the company operations, resulting in timely decision making ability.Successful ERP conversion and implementation of Great Plains system. Trained staff of 15 direct report and developed procedures on best practices, allowing for more efficiency in all accounting departments, reducing month end close from 30+ days to 10.Managed successful banking relationships, establishing a line of credit facility originally at $350,000 and eventually up to $2,800,000. Administered financial and tax reporting on multiple entities. Coordinated all information in different software systems to outside accountants to maximize effectiveness.Managed staff and developed processes to maximize efficiencies of each department by working with staff to understand the needs of other departments and communicate more effectively.Developed procedures to help cross-train staff allowing more effective inter-department training and more global effectiveness.
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Finance ManagerCustom Craft Optical 2002 - 2003Part of key management team brought in to grow wholesale optical laboratory. Involvement in daily management of the laboratory working with team to pinpoint and correct problem areas. Successful in helping to reduce spoilage rate and reducing cost of sales. Implemented cost controls in daily purchases improving the bottom line from high negative to near break-even.
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ControllerSierra Optical 1998 - 2002Largest U.S. independent wholesale optical laboratory. Served as the first controller of the company and tasked with implementing new accounting systems and controls, cash management, financial analysis and reporting, ControllerManaged successful conversion from DOS based accounting system to windows system. Eventually managed a second conversion to ERP system, SAP, of entity that purchased laboratory.Implemented financial analysis and reporting allowing information to be visible to company president and executive directors on a daily basis for more effective decision making.Administered cash management and banking relationships, working with mass electronic collection files of large customers. Converted a manual process of payment application to an electronic one working with vendor to automate process.Streamlined forecasting and budgeting process for company allowing for accurate information to be more visible to department heads and management.
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TreasurerThe Sports Club Company, Inc. 1989 - 1998Luxury health & fitness clubs located throughout the country. Financial statement reporting and analysis, budgeting, cash management, banking relationship, accounts payable, accounts receivable, ERP implementation.Progressive management roles, with last 3 years as Treasurer, prepared and analyzed multi location financial statements and heavily involved in preparation and filing quarterly and annual filings with SEC. Managed staff of 11 direct reports.Integral part of team involved in securing debt financing for club acquisitions and development. Created and distributed a summarized monthly financial package of multiple entities for key management. Managed process of new debt for leasing athletic equipment for clubs. Administered the cash management and banking relationships.Worked with electronic EFT payments for monthly billings in excess of $1,000,000 per month. Direct supervision of A/P staff with weekly activity of $250,000 in payables. Direct supervision of payroll department processing for over 2,000 employees.Managed the implementation and conversion of both a new accounting system company wide as well as a new payroll and HR system. Both allowed for elimination of excess overtime and more efficient processes.Heavily involved in the financial statement preparation for Initial Public Offering (IPO), streamlining the company structure from various partnerships and corporations. Was main liaison between company and outside tax accountants and independent auditors.
Tom Wardell Skills
Tom Wardell Education Details
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University Of Southern CaliforniaAccounting
Frequently Asked Questions about Tom Wardell
What company does Tom Wardell work for?
Tom Wardell works for The Grove
What is Tom Wardell's role at the current company?
Tom Wardell's current role is CFO at The Grove.
What is Tom Wardell's email address?
Tom Wardell's email address is to****@****ail.com
What is Tom Wardell's direct phone number?
Tom Wardell's direct phone number is +161966*****
What schools did Tom Wardell attend?
Tom Wardell attended University Of Southern California.
What are some of Tom Wardell's interests?
Tom Wardell has interest in Football, Casinos, Exercise, Sweepstakes, Home Improvement, Reading, Sports, Watching Basketball, Golf, Hockey.
What skills is Tom Wardell known for?
Tom Wardell has skills like Accounting Management, Accounting, Cost Accounting, Financial Reporting, Forecasting, Strategic Planning, Accounts Payable, Financial Accounting, Managerial Finance, Budget Management, Management, Accounts Receivable.
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