R ICHARD P. FRANKE, CPA, CGMA
acs8ym@r.postjobfree.com
http://www.linkedin.com/in/richardfranke m
January 11, 2016
Dear Hiring Professional,
In response to your search for a Corporate Controller, I bring more than 25 years of extensive experience in all areas of Finance and
Accounting, as well as Information Technology and Human Resources. I have senior and executive-level finance and accounting
leadership in multiple industries. I recently relocated to the Triad area from Arizona and am looking for a position at a company where
my experience and skillset, working in collaboration with the other members of senior management, can effect very positive results.
I consistently produce strong results with a high degree of integrity, dedication and organized communication skills. My expertise
includes financial operations management, financial turnarounds, accounting department management, financial reporting,
budget analysis, P&L management, mergers and acquisitions (M&A), international accounting, audits, risk management, and
cash-flow analysis.
My resume provides further details of my accomplishments. I have progressed in responsibility levels throughout my career. I look
forward to discussing a career opportunity with you in greater detail.
Sincerely,
Richard P. Franke, CPA, CGMA
acs8ym@r.postjobfree.com
R ICHARD P. FRANKE, CPA, CGMA
acs8ym@r.postjobfree.com
http://www.linkedin.com/in/richardfranke m
Chief Financial Officer V ice President of
Offering more than 25
F inance
years of senior and
executive-level finance
Chief Financial Officer with extensive experience managing all
and accounting
financial and accounting functions for multimillion-dollar organizations.
leadership in multiple
Well-developed skills overseeing all financial statement reporting,
industries. Expertise
general accounting, cost accounting, credit, accounts receivable, and
includes financial
financial planning and budgeting. Dedicated leader with excellent
operations management,
communication skills and a proven track record of success managing,
financial turnarounds,
training, and motivating staff .
accounting department
management, financial Financial Turnaround Expertise: Proven track record of success
reporting, budget t urning around organizations, and identifying methods to reduce
analysis, P&L
c osts and improve efficiency.
management, mergers
and acquisitions (M&A), Diverse Industry Experience: D emonstrated ability to lead and
international operations, m anage accounting departments in a variety of industries,
audits, risk i ncluding Quick Service Restaurant Franchising, Education,
management, and cash- C onstruction, Manufacturing, and more.
flow analysis.
Mergers & Acquisitions : S trong performance record providing
executive-level financial leadership during mergers and
Expertise
a cquisitions (M&A). Oversaw the acquisition of 3 restaurant
Financial Operations
c ompanies as CFO of Kahala Brands, Ltd.
M anagement
Accounting
Experience
D epartment
M anagement KAHALA BRANDS, LTD. Scottsdale, AZ September 2014
November 2015
Financial Reporting
A quick-service restaurant franchisor with 3,000+ locations in the
Financial Forecasting
United States and 23 countries worldwide. Kahala is the parent company
Budget Analysis
of 17 franchise brands, including Cold Stone Creamery and Blimpie
Subs, and generates $135+ Million in revenue.
Mergers and
Acquisitions (M&A)
Chief Financial Officer (CFO)
International
Managed all aspects of financial strategy and planning for the
Operations organization, including the management of a 15-person
accounting department . Directly supervised the Senior Director of
Financial Turnarounds
Accounting, Financial Analyst III, and Financial Analyst.
Cost Reduction
Strategies Provided greater visibility into overall company revenue, EBITDA,
cash flow targets, and growth rates.
P&L Responsibility
Served as a member of the Executive Team responsible for
Financial Consulting
identifying and evaluating M&A opportunities for potential
State and Federal
expansion and growth.
Taxes
Modeled complex businesses to key drivers and capital
Audits
requirements.
R ICHARD P. FRANKE, CPA, CGMA
acs8ym@r.postjobfree.com
http://www.linkedin.com/in/richardfranke m
Developed and led a broad range of outcomes from multi-year
Records Management
strategic planning exercises through the routine delivery of
Cash Flow Analysis &
financial reporting and tracking of KPIs and performance against
M anagement
budget.
Employee
Developed, maintained, and documented internal controls.
M anagement and
Training Collaborated extensively with COO and General Counsel regarding
operations and other business issues.
Revenue Recognition
Managed tax and audit firms with regard to GAAP & IFRS financial
Capital Expenses
reporting.
Analytical Skills
Assessed tax issues related to international operations.
Reviewed tax issues and international agreements to ensure
accuracy and compliance.
R ICHARD P. FRANKE, CPA, CGMA
acs8ym@r.postjobfree.com
http://www.linkedin.com/in/richardfranke m
Career Progression, Continued
Worked directly with an outside Tax Consultant and CPA firm as needed to meet financial reporting
obligations; provided necessary documentation and resources needed to complete financial
requirements.
Key Accomplishments
Completed 3 financial audits within first 7 months of tenure, 2 under IFRS (International
Financial Reporting Standards).
Worked with an outside tax consultant and CPA firm to file federal and state tax returns
(1999 present) that were not filed by prior company owners.
Successfully completed 2 brand acquisitions: Tasti D-Lite and Planet Smoothie.
Spearheaded the implementation of a company-wide expense management system.
T HUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT Glendale, AZ September 2013
September 2014
T he worlds #1 school for international business with over 40,000 alumni in more than 140 nations
w orldwide.
Vice President of Finance
Recruited by the Board of Trustees to develop operational and fiscal controls during a time the school
was seeking to merge with a for-profit institution. Managed and tracked the schools operating
costs and collaborated with the Senior Leadership team to identify and implement methods
to reduce costs.
Directly supervised a Controller, Financial Analyst III, Financial Analyst II, and a Tax and Endowment
Manager.
Met weekly with Financial Committee to review cash flow and projections.
Served as a member of several strategic integration teams to discuss M&A strategies.
Key Accomplishments
Successfully reduced operating expenses by more than 25%, which allowed the school the
time and opportunity to find a strategic acquisition partner: Arizona State University .
Implemented the Concur expense filing system, which, combined with an integrated pre-approval
policy, significantly reduced travel costs for international student study abroad courses and the
schools executive education business.
HYDRATION TECHNOLOGY INNOVATIONS, LLC. Scottsdale, AZ April 2009
September 2013
A s tart-up osmosis filtration technology company with more than $1.5 Million in annual sales revenue.
C hief Financial Officer (CFO)
R ICHARD P. FRANKE, CPA, CGMA
acs8ym@r.postjobfree.com
http://www.linkedin.com/in/richardfranke m
Managed and led all finance and accounting systems for the company. S upervised daily and
m onthly accounting procedures and oversaw the development of a domestic and international retail
s ales program.
Collaborated extensively with the CEO, COO, and Sales Director to develop and implement methods
to increase revenue, improve the efficiency of business processes, and reduce costs.
Reviewed sales reports, reviewed and approved expenses, and worked with the operations
department to identify methods to reduce costs and implement cost-reduction strategies.
Key Accomplishments
Developed, implemented, and negotiated the companys international expansion of its
personal hydration business segment.
Spearheaded the expansion of private label programs with multiple major distributors
and successfully launched product lines into the big-box retail market.
KAHALA BRANDS, LTD . Scottsdale, AZ M arch 2008
M arch 2009
S enior Director of Accounting and Finance
Managed the accounting for the companys Real Estate program, transitional stores,
a dvertising funds, accounts receivable collections, and cash receipts. Worked extensively
with the Senior Leadership Team to discuss operating results and report financial results.
Conducted monthly financial reporting to measure actual results with budget, review cash
projections, and compare with forecasts. Oversaw the preparation of monthly closing and financial
reports.
Reviewed budgets and forecasts on a regular basis; discussed operating results with multiple
departments, including Operations, Legal, Franchise Development, and Point-of-Sale team.
Maintained strong relationships with external auditors and investigated their findings and
recommendations.
Key Accomplishments
Completed the transition of accounting staff and internal control systems resulting from
the acquisition of Cold Stone Creamery by Kahala.
Implemented various tax planning strategies that resulted in tax savings of more than $250,000.
Provided analysis for litigation support involving acquisitions, real estate program, and franchisee
relations.
COLD STONE CREAMERY, INC. Scottsdale, AZ D ecember 2004
July 2007
S enior Director of Accounting/Consultant
Managed all accounting functions for this $45 Million company . Oversaw enterprise cash flow
planning, insurance, analysis of franchisor real estate program, franchisor accounting, corporate
payroll, advertising funds, and a vendor marketing rebate program.
R ICHARD P. FRANKE, CPA, CGMA
acs8ym@r.postjobfree.com
http://www.linkedin.com/in/richardfranke m
ARIZONA BUILDING SYSTEMS, INC. Phoenix, AZ 2002
A pre-engineered metal building erection company.
2004
Chief Operating Officer (COO)/Chief Financial Officer (CFO)
Brought in to prepare the company to be sold. Managed all aspects of company operations and
20+ employees.
Heavily involved in the bid process and negotiation of a contract for an international
airport car rental facility; the most profitable project in company history. Left the company
after it was successfully sold.
NEW HORIZONS CAPITAL, LLC. Phoenix, AZ
2000 2002
C o-Chief Executive Officer/Chief Financial Officer (CFO)
Hired by investor group to take over all aspects of accounting and credit administration
while company pursued protection in bankruptcy court. Managed 4 employees directly and 6
indirectly.
Education, Professional License, and Certifications
ARIZONA STATE UNIVERSITY Tempe, AZ
Bachelor of Science Degree in Accounting
CPA Licensed in the State of Arizona
Chartered Global Management Accountant (CGMA) Credentialed by AICPA
International Financial Reporting Standards (IFRS) - Completed Certification Program sponsored by AICPA
Professional Affiliations : Financial Executives International, Member; American Institute of Certified
Public Accountants, Member
R ICHARD P. FRANKE, CPA, CGMA
acs8ym@r.postjobfree.com
http://www.linkedin.com/in/richardfranke m
REFERENCES
Daniel Beem
Senior Vice President & President International
Krispy Kreme
acs8ym@r.postjobfree.com
Formerly Executive VP & President International
Kahala Brands, Ltd. fka Kahala Corp.
Michael Reagan
Executive Vice President and General Counsel
Kahala Brands, Ltd. fka Kahala Corp.
acs8ym@r.postjobfree.com
Peter Hill
Senior Managing Director
MCA Financial Group, Ltd.
acs8ym@r.postjobfree.com
Formerly Chief Operating Officer
Thunderbird School of Global Management
Morrie Aaron
President & Principal Managing Director
MCA Financial Group, Ltd.
R ICHARD P. FRANKE, CPA, CGMA
acs8ym@r.postjobfree.com
http://www.linkedin.com/in/richardfranke m
acs8ym@r.postjobfree.com
Keith Lampi
President
Fluid Transfer Solutions
acs8ym@r.postjobfree.com
Formerly Chief Operating Officer
Hydration Technology Innovations, LLC.
R ICHARD P. FRANKE, CPA, CGMA
acs8ym@r.postjobfree.com
http://www.linkedin.com/in/richardfranke m
CAREER SUMMARY BY INDUSTRY
Offering more than 25 years of senior and executive-level finance and accounting leadership in multiple
industries.
CONSTRUCTION
7 years CFO Steel fabricator
2+ years COO/CFO Pre-engineered steel building erector
DISTRIBUTION
3 years CFO/COO Electrical wholesale distributor
MANUFACTURING
2+ years CFO Automotive wheel manufacturer
2+ years CFO Custom road tank manufacturer
4 years CFO Water filtration manufacturer
LENDING
3 years CFO Alternative lending
2 years Co-CEO Alternative lending
FRANCHISOR
4 years Director/Sr. Direction
1+ years CFO Quick service food franchisor
HIGHER EDUCATI ON/NOT- FOR-PROFIT
1 year VP Finance Graduate business school
This summary lists all career experience including all those listed in the attached resume.