Richard P. Hentges (Peter)

612-***-****

acgewm@r.postjobfree.com

http://www.linkedin.com/in/peterhentges/

FINANCIAL EXECUTIVE – CORPORATE FINANCE

Highly qualified Executive Manager offering 20 years of financial management and CFO/controller

experience. Instrumental in achieving significant cost reductions and revenue improvements

through restructuring, team building, and leadership expertise. Problem solver who develops

effective strategies for improving operations and increasing profits while ensuring compliance with

regulatory requirements. Solid business background with extensive knowledge of risk

management, financial reporting and automated accounting systems. Advanced computer skills.

Strengths in:

• •

Strategic Financial Planning Inventory Control Systems

• •

P&L Management Cost Control Programs

• •

Bank Negotiations & Relations Team Leadership &

• Collaboration

Accounting Systems

•

Development Cost Accounting Systems

• Profitability Improvement

• Productivity Enhancement

PROFESSIONAL EXPERIENCE

DUPLICATION FACTORY LLC - Chaska, MN 2001 – 2014

CHIEF FINANCIAL OFFICER/GENERAL PARTNER

Directed all operations of $13 million media manufacturing business. Provided leadership to 70-

person workforce and held full P&L responsibility. Oversaw all finances, business development,

marketing, production, human resources, and administrative duties.

• Started company in 2001 and grew it into 70 employee $13 million business.

• Helped coordinate and execute two acquisitions of competitors in 2002 and 2009. This

required bringing both parties together as well as coordinating bank financing to

complete deals.

• Introduced process improvements that maximized per unit profit margins by decreasing

production costs 24%, slashed required labor and reduced the workforce by 30% while

delivering a 20% increase in production.

• Helped develop and implement a new waste reduction program that reduced waste by

50% and eliminated an additional 5% in production costs.

• Helped facilitate and coordinate the sale of business to a local competitor in 2014.

Including working through Letter of Intent, Purchase Agreement, Due Diligence, Closing

and company transition.

COOPERATIVE PRINTING ASSOCIATION– St. Paul, MN 1999 – 2001

CONTROLLER

Directed all financial operations for a Co-op printing company reporting directly to the President

and the Board of Directors. Was responsible for all financial operations of company as well as all

human resource functions.

• Presented to all Co-op owners including Land O’Lakes and CHS Inc. the quarterly and

annual financial results of company.

• Coordinated all functions of annual audit with CPA firm.

• Introduced process improvements that reduced labor costs by 25% while increasing

production by 20%.

• Helped negotiate and finalize all union contracts with production work force including

the Printers Union and Bindery Union.

TONY EIDEN COMPANY - Plymouth, MN 1994 – 1999

CONTROLLER

Directed all financial operations for this Custom Home Builder and Land Developer. Became

proficient in job cost accounting. Worked directly with local city councils to get projects approved

and completed. Worked closely with over 100 different sub-contractors working on different

projects at one time.

• Drove custom home sales from $8 million in 1994 to $22 million in 1998 by installing new

competitive sub-contractor bidding processes that drove margins up and helped make

homes more competively priced.

• Led start-up of Abingdon Land Development Company in 1994 that by 1996 was

providing 90% of the buildable lots for Tony Eiden Company.

• Developed cost accounting systems to track project costs from start to closing.

REGIS CORPORATION – Edina, MN 1990 – 1994

STAFF ACCOUNTANT

Worked in the financial reporting division with responsibility focused on inventory control. Was

also responsible for month end financial reporting and year end audit work papers.

Richard P. Hentges (Peter)

• Coordinated inventory count for over 1200 salons nationwide. Including distributing

inventory count sheets, collecting inventory count sheets, test counts, and accumulating

all data.

_

COMPUTER SKILLS

Microsoft Excel, Microsoft Word, Microsoft Access, QuickBooks, Quicken, AS400, Macola

Accounting Software

EDUCATION

B.A. Accounting 1990

College of St. Thomas, St. Paul, Minnesota

CERTIFICATION

Certified Public Accountant Exam 1993

State of Minnesota

(Currently not Active)

acgewm@r.postjobfree.com – Cell 612-***-****

http://www.linkedin.com/in/peterhentges/ Page 3

Contact this candidate