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CFO, Business Development, Consulting

Location:
Marina del Rey, CA, 90292
Salary:
140K-175K
Posted:
October 20, 2012

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Resume:

Hal M. Wolfe 323-***-****

***.****@*****.*** http://linkedin.com/in/halwolfe

Chief Financial Officer

Collaborate and contribute to Senior Leadership Team and BOD to improve overall company performance. Background includes founding Blue Light Capital Partners, LLC providing CFO services to private and public companies across numerous industries and all stages of development. Previous experience serving as a Senior Executive with three Fortune 100 Multi-nationals in the Food & Beverage Industry. Additional capabilities include:

Financial Statements Consolidations Audits

Business Process Improvements Budgeting & Forecasting Capital Markets

Financial Modeling Recruiting & Training Restructuring

Mgt Information Systems Pricing & Cost Analysis Due Diligence

Valuations Mergers & Acquisitions Policies & Procedures

Systems & Controls General Ledger Human Resources

Industries

Consumer Goods Manufacturing Import/Export

Distribution Transportation Services Cleantech

Apparel Home Furnishings Retail

Publishing-Book & Digital Food & Hospitality Social Gaming

New Media Supply Chain Healthcare

Career Accomplishments

Blue Light Capital Partners, LLC (1992-Present)

• Established Functional Operating Departments including Accounting, Planning & Operations. Designed and implemented real time Management Information Systems for use by Senior Level Management in directing and focusing their energies in areas of business that required attention and performance improvement.

• Worked with creditors to restart flow of company credit facilities, allowing for the successful turnaround of the business while also reduced operating costs, by 75%, bringing business back to profitability, restoring staff morale and vendor confidence. Assumed interim president position.

• Raised for, numerous clients, sources of funding allowing for the successful acquisition of platform company operations, business expansion and process improvement. Total capital amounted to over $150MM.

• Re-engineered Manufacturing production planning process working across all functional areas of the business which improved gross margins by 25%, enhanced customer service and sales for management of 60%

• Performed turnaround services to close to a dozen companies across numerous industries, resulting in improved banking relationships, credit enhancement, reduced operating costs by significant percentages, resulting in returning the various clients on a path to profitability and continued business operations

• Led the planning process and implementation of the capital raise, resulting in raising additional capital of 200% above the initial start up funding.

• Exposed embezzlement activities, misappropriation of funds in several client engagements during major effort to control costs and turn operations around.

• Engaged to create from start up an Investment Banking firm in NYC which required recruiting & training Managing Directors, analyzing client needs and managing the client engagement throughout the entire process.

• Engaged by start up Beverage Company to come in as CFO and worked with founder to develop and build out the Business Plan and accompanying financial exhibits which was used to raise funding to acquire a defunct high level beverage brand. Part of the Board of Directors which conducted recruiting of top level management in moving the company to the next level. Performed due diligence on prospective manufacturing companies for acquisition.

Laurel Lamp Manufacturing Company (1981-1983)

• Acquired a 45 year old vertical manufacturing company, in the home furnishing industry.

• Managed over 130 union members, 90,000 sq. ft facilities, 7 showrooms, 31 independent sales reps and 4,500 retail customers

• Introduced cost savings and production efficiencies on focusing resources of the company into selling highest gross margin products resulting in revenue growth of 60% in less than three years.

• Uncovered fraudulent activities by seller when implementing inventory controls and audited financials.

Fortune 100 Multi-nationals (1971-1981, 1983-1991)

Senior Level Manager for Labatts USA, Guinness America and McKesson Wine & Spirits

• Operated across all verticals of each company which included: Marketing and distribution of various highly recognized consumer products, manufacturing processes, import/export, developing annual and quarterly business planning and forecasting. Member of the Management Committee.

• Established Worldwide Headquarters operations for Guinness America, responsible for all accounting, financial planning, negotiate worldwide game changing logistics programs by establishing the International Beverage Shippers association. This resulted in reduced costs of $3MM annually

• Performed corporate feasibility of spinning out a number of brands (St. Pauli Girl, Folonari Wine) establishing a totally new product segment generating an infinite return on investment for the Corporate Division, while increasing sales by $30,000,000 million within three years, increasing the $1B Divisional sales revenue by 3%. Active participant in creation of new development company holding management position over all accounting, finance, distribution services, logistics.

• Participated in the negotiations of overseas licensing agreements and new product introductions which grew revenues 160% from $25MM to $65MM

• Created the innovative, sales-boosting and customer services enhancement “Delivered Pricing Program”, a flat rate pricing model including all costs, taxes, as a prelude to launching new beer product to compete successfully with leading brand.

• Senior Financial manager overseeing the due diligence and acquisition of a $100MM Latrobe Brewing Company adding to the platform and increasing consolidated revenues to $165MM.

• Designed and implemented a Corporate Service Center, providing for a smooth transition of cultures between the acquiring entity and the acquired company. Improving morale and reducing operating costs by 30%.

• Orchestrated a multi-million dollar corporate relocation, including site selection, construction, logistics, recruitment and training of staff with headcount over 25 to support accounting and operational activities.

• Held position of VP Guinness Museums, overseeing all accounting and finance functions for seven locations domestically.

Education

BS/BA St. John’s University- Queens New York (1971)

• Major Accounting with minor in Economics

Professional Associations: Turnaround Association 1992-2000, Association for Corporate Growth 2006



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