Thomas Holmquist San Diego, CA *****

Phone: 619-***-****

http://www.linkedin.com/in/thomasholmquist acfwqb@r.postjobfree.com

Vice President of Finance and Controller with over 20 years of success in supporting management

teams in building companies that manufacture and sell products, software tools, or construct facili-

ties/systems from start-up to generating over $1 billion in revenue. Provides business and financial

management expertise, employee development, planning, actionable analysis, resources, and

business processes to optimize market position, profitability, and shareholder value.

Specialties Include

Business Proposals, Pricing & Cost Analysis

Leadership, Mentoring & Team Building

ERP System Optimization & Project Accounting

Business Acumen & Strategy

GAAP/IFRS/FAR/CAS, Tax & SOX

Financial Management & Accounting

M&A Analysis & Due Diligence

Debt Structure & Bank Interface

Oracle, NetSuite, Hyperion, Excel, PowerPoint

Investor Relations

Career Highlights

Career Accomplishments

• Establishing cost effective financial operational framework of policies, procedures, along with sup-

porting training and compliance program.

• Recruiting, training and mentoring high performance finance organization ranging in size from 5 to

over 100 employees in locations throughout the United States, UK, Germany, China, and Philippines.

• Leading the development of business strategies, tactics, and investment plans to fund organizational

development, expense budgets, product development, and capital expenditure needs.

• Gaining support and financial resources by effective management of working capital, interface with

corporate and outside investors, and negotiation and management of banking relationships.

• Supporting rapid profitable growth by providing expertise in business acquisition (Tracor, DigitalNet,

United Defense, and Alpahtech) due diligence, valuation analysis, contract negotiation, teambuilding,

and project management of integration plans.

• Meeting challenging business and financial plans by:

• Fostering teamwork to manage profitability by establishing effective financial planning, project prof-

it and expense budgeting, product cost analysis, forecasting, with monthly operating review.

• Providing financial analysis to establish performance bonus programs focused on meeting plans.

• Gaining millions in cash flow by implementing timely, accurate and effective billing, credit and col-

lection management, accounts payable, and daily cash reporting processes.

• Supporting revenue and gross margin growth by 5 to 10% by taking a leadership roll to implement:

• Improved customer experience by providing personalized, timely, accurate, and effective

processes for establishing and managing credit, taking and monitoring an order, and billing

and posting customer payments.

• Well-informed pricing decisions supported by product and project cost analysis.

• Contract profit management processes supported by monthly project accounting, earned

value, labor, material, overhead, cost and schedule performance indicators.

• New product development decision-making and tracking processes supported by return on

investment analysis and new product development project budgeting processes.

• New business capture processes supported by integrated order pipeline and sales forecast.

• Contract review and negotiation support focused on developing long-term customer rela-

tionship to optimize business volume, cost, price, incentives, billing and cash flow, revenue

recognition, and tax impact.

• Required processes to bid, win, and execute US government complying with CAS and FAR.

Leading ERP systems implementation such as Oracle, SAP, and NetSuite to integrate busi-

nesses, reduce cost, and improve timeliness and accuracy of business transactions and re-

porting.

Thomas Holmquist Page 2

• Documenting and establishing cost effective cross-functional controls to deliver timely and accu-

rate financial reporting used to meet complex SEC, SOX, FAR, and tax reporting requirements.

• Interfacing with outside audit firms and government agencies to obtain audited financial state-

ments, compliant tax returns, and ISO quality certifications.

• Reducing global tax expense by working with tax professionals to implement a global tax strategy.

• Leading negotiations with bankers to gain increased credit facilities ($5m term loan and $10m re-

volver), with improved banking covenants, at reduced rates.

• Providing financial leadership for business start-up and management of joint ventures.

• Leading the development and implementation of business turnaround and divestiture plans.

• Leading the implementation of shared services to improve processes and reduce account-

ing/operating cost by approximately 20%.

• Reducing manufacturing cost (material cost reduction 15%) and lead-time by providing expertise in

business best practices and financial analysis to implement robust MRP, procurement, inventory

control, manufacturing, and KPI reporting processes.

Companies & Responsibilities

14 Years

BAE Systems Global Defense and Security Company, revenues over $25 billion.

Sector Finance & Accounting Director - Report to CFO, responsible for Financial Reporting, Financial

Systems, Internal Audit & Government Compliance, Project Accounting, Banking, Payroll, Accounts Pay-

able, Fixed Assets, Billing and Collections for a $700 million Sector with multiple businesses units.

2 Years

Valor Electronics Global provider of electronic components with revenue over $120M.

manufacturing operations, revenues over $120 million.

Vice President Finance – Reported to CEO, responsible for global finance and IT operations in the

United States, China, The Philippines, and Germany.

2 Years

Textron,- PTI Technologies Global provider of filtration systems, revenues over $80 million.

Vice President Finance – Reported to CEO, responsible for finance and IT operations in the United

States, and United Kingdom.

1.5 Years

UpWind Solutions Inc. Provider of wind energy life cycle management services, revenue over $45M

Vice President of Finance – Report to CEO, responsible for cash flow management, financial planning,

accounting, taxation, investor relations, and banking.

5 Years

Teledyne Systems Global manufacturer of flight controls and sensors, revenues over $600 million.

Controller – Reported to CFO, responsible for Financial Reporting, Forecasting and Budgeting, Internal

Audit, Banking, Payroll, Accounts Payable, Fixed Assets, Billing and Collections

5 Years

Hughes Aircraft Global defense, technology and innovation leader, revenue over $6 billion.

Group Finance Manager – Responsibilities included Financial Planning, Accounting, Finance Systems,

& Internal Audit

5 Years

PricewaterhouseCoopers Global accounting and consulting firm.

Senior Auditor and CPA – Responsibilities: Planning and conducting financial statements audits.

Education and Certifications

Loyola Marymount University, Los Angeles, CA - Bachelor of Science Degree in Accounting

Certified Public Accountant (inactive) Member, AICPA & California Society of CPAs

Contact this candidate