William Mcmahon Email & Phone Number

United States

United States

Tampa/St. Petersburg, Florida Area

Tampa/St. Petersburg, Florida Area

Neptune Minerals, Inc. is an early stage company in the emerging industry of subsea minerals exploration and development. The company was formed in 2011 through acquisition and consolidation of 10 companies. Its headquarters are in Florida and its operations are in Australia and the South Pacific.Recruited to develop accounting, treasury, finance and internal control processes for startup enterprise.• Established consolidation accounting procedures and financial… Show more Neptune Minerals, Inc. is an early stage company in the emerging industry of subsea minerals exploration and development. The company was formed in 2011 through acquisition and consolidation of 10 companies. Its headquarters are in Florida and its operations are in Australia and the South Pacific.Recruited to develop accounting, treasury, finance and internal control processes for startup enterprise.• Established consolidation accounting procedures and financial statements.• Developed detailed business modeling and budgeting procedures.• Raised $20 million in private placement equity.• Initiated independent audit.• Prepared corporate policies and governance procedures.• Initiated and negotiated all insurance policies for worldwide operations.• Developed all banking and foreign currency exchange management procedures.• Reduced overhead costs to maintain operations during commodity price downturn. Show less

Sarasota, Florida Area

Rock Creek, a publically held pharmaceutical development company in transition from a nutraceutical business. The company’s lead compound is in clinical trials with a unique mechanism of action with indications for anti-inflammatory applications.Chief Financial Officer, Treasurer and Corporate SecretaryRecruited to assist CFO in public reporting requirements. Was appointed interim CFO and then permanent CFO.• Prepared all public reporting statements, including S-1 and S-3… Show more Rock Creek, a publically held pharmaceutical development company in transition from a nutraceutical business. The company’s lead compound is in clinical trials with a unique mechanism of action with indications for anti-inflammatory applications.Chief Financial Officer, Treasurer and Corporate SecretaryRecruited to assist CFO in public reporting requirements. Was appointed interim CFO and then permanent CFO.• Prepared all public reporting statements, including S-1 and S-3 registration statements.• Developed cash management and budgeting procedures, including detailed clinical trial protocols.• Led all administrative responsibilities, including insurance negotiations resulting in premium reductions of $2 million. Show less

Sarasota, Florida Area

Wm L McMahon & Co is a financial management advisory firm specializing in part time or interim CFO positions, whose focus is on managing the accounting and financial departments, raising capital, implementing strategic plans and implementing process improvements.President and Chief Financial OfficerClient matters included advising a privately held manufacturer of liquid colorants and coatings primarily serving the automotive and marine industries. Assignment was initiated by… Show more Wm L McMahon & Co is a financial management advisory firm specializing in part time or interim CFO positions, whose focus is on managing the accounting and financial departments, raising capital, implementing strategic plans and implementing process improvements.President and Chief Financial OfficerClient matters included advising a privately held manufacturer of liquid colorants and coatings primarily serving the automotive and marine industries. Assignment was initiated by customer and we were successful in retaining the business for the customer by:• Implemented cash management budgeting and forecasting. • Implemented detailed budget and organization plan.• Strengthened accounting reporting and controls.• Improved operations and pricing strategies leading to increased profitability. Show less

Tampa/St. Petersburg, Florida Area

Tatum LLC is the largest Executive advisory services firm in the US which include interim executives, financial and technology advising. Tatum focuses on optimizing the office of the CFO, helping organizations facing challenges or transitions due to performance issues, rapid growth, and skill or capacity gap.Partner • Responsible for business development for CFO advisory services.• Advised urgent care clinic chain on its financial organization; implementing and streamlining… Show more Tatum LLC is the largest Executive advisory services firm in the US which include interim executives, financial and technology advising. Tatum focuses on optimizing the office of the CFO, helping organizations facing challenges or transitions due to performance issues, rapid growth, and skill or capacity gap.Partner • Responsible for business development for CFO advisory services.• Advised urgent care clinic chain on its financial organization; implementing and streamlining process or closing books and reporting results, as well as better inventory controls.• Expanded advisory with the urgent care clinic to evaluate its marketing and operations procedures in certain of its markets, with a focus on developing plans for profitable growth.• Advised startup of a subsea minerals exploration company, which led to CFO position at Neptune Minerals, Inc. Show less

Bohemia, New York

Global Payment is a multi-million-dollar manufacturer of cash validation systems which serves customers internationally from its production facility on Long Island, New York. President and Chief Financial OfficerLed all financial, administrative and operations functions including accounting, treasury, budgeting, SEC and Sarbanes Oxley compliance, lender relations, human resources, production, manpower planning, purchasing, customer service, information technology and legal… Show more Global Payment is a multi-million-dollar manufacturer of cash validation systems which serves customers internationally from its production facility on Long Island, New York. President and Chief Financial OfficerLed all financial, administrative and operations functions including accounting, treasury, budgeting, SEC and Sarbanes Oxley compliance, lender relations, human resources, production, manpower planning, purchasing, customer service, information technology and legal. • Developed strategic plan to guide company through the global recession which led to raising $2.5 million in private equity.• Completed asset redeployment plan and raised $5 million in additional working capital through inventory reduction program and better working capital management.• Executed sale of non-core operations, raising in excess of $3 million.• Implemented a program to reduce annual overhead expenses by $3 million. • Relocated production facilities in NY, saving $400,000 annually in rent.• Negotiated new manufacturing agreements in China, reducing cost of sales by $700,000.• Sold controlling interest to largest distributor and relocated management to Australia Show less

Tampa. Florida And Atlanta, Georgia

A national crisis management advisory firm with a focus on hands- on turnaround and interim management; operations improvements, financial restructuring and capital raising.Senior Vice President, Managing Director Southeast Region Responsible for new business development and managing engagements for clients in multiple industries, including the technology, medical, manufacturing, distribution, trucking and transportation, wireless technology, service, restaurants and retail… Show more A national crisis management advisory firm with a focus on hands- on turnaround and interim management; operations improvements, financial restructuring and capital raising.Senior Vice President, Managing Director Southeast Region Responsible for new business development and managing engagements for clients in multiple industries, including the technology, medical, manufacturing, distribution, trucking and transportation, wireless technology, service, restaurants and retail industries. • Insolvency expert and inside advisor for the firm.• Advised a wireless and cell phone tower client which led to $7.5million in new capital and implemented a consolidation of offices saving additional expenses.• Advised high brightness LED manufacturing company and engineered plastics, with clean room production facilities, resulting in sale of non-core business to private investor with proceeds in excess of $10 million. Client had contracts with the Department of Defense.• Retained as interim CFO for a large manufacturing company serving big box retailers such as Lowe’s, Home Depot and Wal-Mart. Developed strategic and organizational plan for privately held company. Reduced operating costs over $3 million, increased working capital through aggressive receivable collections and inventory management programs and consolidated production facilities.• Retained as advisor to frozen food distribution Service Company to evaluate routes and profitable lines of business.• Retained as advisor to aluminum canning production line to evaluate production methods and analyze product line profitability.• Retained as advisor to specialty restaurant chain to evaluate procedures, food purchasing policies and server training policies. Show less

Tampa/St. Petersburg, Florida Area

A $40M publicly traded multi-state retailer of wireless products and service activations for multiple wireless carriers with in excess of 100 retail locations. Chief Financial OfficerManaged all financial, accounting, public reporting and treasury functions.• Prepared offering memorandum to raise fresh capital for expansion of the business.• Worked with the real estate department to provide analysis regarding store build out costs and profitability.• Prepared all SEC… Show more A $40M publicly traded multi-state retailer of wireless products and service activations for multiple wireless carriers with in excess of 100 retail locations. Chief Financial OfficerManaged all financial, accounting, public reporting and treasury functions.• Prepared offering memorandum to raise fresh capital for expansion of the business.• Worked with the real estate department to provide analysis regarding store build out costs and profitability.• Prepared all SEC reports and managed year-end audit. Show less

Sarasota, Florida Area

A $40M publicly traded international designer and distributor of premium sunglasses, with production facilities in Japan, China, Italy and France serving US and international customers. Major customers included Wal-Mart, Sam’s Club, Costco and Sunglass Hut. Chief Financial Officer, Member - Board of DirectorsLed a financial and operational turnaround of the company which included a new $10 million line of credit.• Restructured overhead expenses which turned the company from a… Show more A $40M publicly traded international designer and distributor of premium sunglasses, with production facilities in Japan, China, Italy and France serving US and international customers. Major customers included Wal-Mart, Sam’s Club, Costco and Sunglass Hut. Chief Financial Officer, Member - Board of DirectorsLed a financial and operational turnaround of the company which included a new $10 million line of credit.• Restructured overhead expenses which turned the company from a $3.5 million operating loss to a $3.1 million operating profit within one year.• Reduced excess inventory by over $1 million and implemented new reporting system.• Revised organization and developed new reporting processes to better analyze the strategic markets for the company, established new goals for company’s distributors and led to a focus on the more profitable product designs.• Negotiated a new manufacturing agreement with overseas production in China, increasing profitability by $500,000.• Negotiated sale of business to private investor, increasing shareholder value from $0.25 per share to $2.95 per share. Show less

Sarasota, Florida Area

A $160 million multi-state and multi-plant manufacturer of engineered specialty plastics and acrylics.Director of Corporate Development and AccountingDirected all the general accounting, treasury, cash management, and accounts receivable, credit and accounts payable departments. Led the company’s due diligence and integration teams for acquisitions and divestitures. Led SEC reporting and Sarbanes-Oxley compliance.• Completed and integrated several acquisitions and product line… Show more A $160 million multi-state and multi-plant manufacturer of engineered specialty plastics and acrylics.Director of Corporate Development and AccountingDirected all the general accounting, treasury, cash management, and accounts receivable, credit and accounts payable departments. Led the company’s due diligence and integration teams for acquisitions and divestitures. Led SEC reporting and Sarbanes-Oxley compliance.• Completed and integrated several acquisitions and product line extensions.• Worked with CEO and Chairman to complete negotiations and close on an $80 million public debt offering which was necessary for growth and acquisitions.• Negotiated new $20 million line of revolving credit.• Analyzed inventory procurement procedures and reduced inventory by $1,000,000.• Partnered with CEO and transition team to convert systems to SAP enterprise resource planning system.• Analyzed working capital cycle, including purchasing lead times, production planning and cash collections. Reduced receivables days outstanding by 15 days increasing cash flow by $6,500,000 and reduced inventory in excess of $1,000,000.• Developed return on assets employed program for all capital expenditures. Show less

Bs; Cpa, Accounting

Activities and Societies: Alpha Phi Omega

Education record

Bachelor Of Science; Cpa, Accounting

Education record