CHRIS TIESMAN, CPA/MBA
**** ******* ****** ******: 281-***-****
Spring, Texas 77379 email: *****@********.***
www.linkedin.com/in/christiesman/
Senior Financial Professional
Senior financial professional and leader with fifteen years progressive
experience in all facets of accounting, finance, treasury, tax, internal
audit, financial planning & analysis (FP&A), strategic planning, MIS/IT,
purchasing/procurement, legal, and human resources.
A trusted business partner and advisor to senior management teams, as well
as front-line managers, who has a proven ability to materially impact
profitability and cash flow.
Operationally minded and technologically adept leader with a demonstrated
history of leveraging systems, restructuring, streamlining, and business
processes to improve profitability and cash flow.
Industry & Sector Experience
Manufacturing Distribution Logistics/Transportation
Oil & Gas Chemicals/Plastics Recruiting
Public Accounting Mgmt. Consulting Professional Services
Professional Experience
Metis CFO Partners, LLC (The Woodlands, Texas)
Metis delivers world class senior financial leaders to lower and middle
market businesses on an interim or permanent basis. We facilitate mutually
rewarding partnerships between business stakeholders and top financial
leaders.
Chief Financial Officer, Principal Dec 2011 to
Present
Responsibilities:
. Maintain primary responsibility for all aspects of the business
including business development, marketing, legal, recruiting,
accounting/finance, and strategic planning
. Deliver CFO-level leadership and expertise to small and mid-market
businesses
. Identify and develop relationships with the most talented senior
financial professionals in their respective industries
IFCO Systems (Houston, Texas) Mar 1999 to Nov 2011
IFCO provides a national network of pallet management services (PMS) to
Fortune 500 customers such as Wal-Mart and Target. The Company services
smaller businesses on a regional or local basis. IFCO manufactures and
distributes shipping platforms, primarily pallets and wooden crates. IFCO
also offers 'back-dock' services, which entails IFCO employees working
onsite at customer warehouses and distribution centers.
My position was eliminated when the company was acquired by a competitor in
2011.
SVP, Finance & Accounting Oct 2006 to Nov 2011
Vice-President, Finance & Accounting Jan 2002 to Oct
2006
Controller June 2000 to Jan 2002
Director - Planning, Analysis & Budget March 1999 to June
2000
Responsibilities:
. Provided financial leadership and operational support to a $300
million, multi-location division
. Staffed, led, managed, and developed an organization of approximately
fifty employees responsible for all aspects of accounting, finance,
treasury, payroll, internal audit, financial analysis, and internal and
external reporting
. Spearheaded the development of the annual operating budget and Five
Year Plan
. Consolidated four regional accounting office into a new Houston
headquarters; centralized back office functions; grew the Houston
Finance Organization from zero to fifty employees within three months
. Counseled the senior management team regarding financial and
accounting issues
. Ensured consistency between the company's strategic/operating plans
and its financial capabilities
. Partnered with Information Technology group to improve business
intelligence which resulted in more informed decision making and
increased profitability
. Evaluated potential acquisitions and divestitures; managed the sale or
integration of divestitures and acquisitions, respectively
. Provided leadership and accounting expertise to a group responsible for
generating timely and reliable financial statements
. Streamlined back office functions and improved/implemented effective
internal controls
. Created and managed the rollout of automated reporting tools for
disseminating operating and financial data to operations managers
. Collaborated with national customers to better understand their
product and service needs
. Established and managed a comprehensive processes for the annual budget
process and rolling financial forecasts
. Partnered with senior management and plant managers to identify key
performance indicators (KPIs) to focus resources and measure
performance on critical issues
. Devised and implemented an monthly internal management reporting
package
. Assumed leadership of a team consisting of members from MIS,
accounting, and operations
. Transitioned all facilities onto a common financial accounting and
reporting platform, as well as a common chart of accounts
Phillips Petroleum Company Oct 1995 to Mar
1999
Senior Business Analyst Mar 1998 to
Mar 1999
Senior Internal Auditor Oct 1995 to
Mar 1998
Responsibilities:
. Managed the preparation and submittal of the Polyethylene (PE) Group's
annual budget encompassing plants in three countries with revenues
exceeding $1 billion
. Prepared and issued financial projections for the worldwide PE
business
. Distributed reports which summarized financial performance and
highlighted areas of concern and opportunity
. Acted as the Company representative in industry bench-marking and
"best practices" studies
. Provided financial support and counseling to the division's executives
. Developed and presented to executive management the financial model
used to win approval of a $180 million plant expansion
. Planned and executed financial and operational audits in North
America, Australia, and Africa
. Submitted audit reports to the CFO and General Auditor
. Recommended solutions that reduced risk by strengthening internal
controls
. Communicated and negotiated with all levels of management to implement
audit recommendations
. Prepared analyses for executive management which assessed risk and
interpreted financial and operating data
Additional Employment Experience
E.M. Bossin & Company, P.C.
Senior Accountant
Aug 1993 - Oct 1995
Public Accounting
System & Software Experience
Excel Word PowerPoint
Solomon Visio FRX Report Writer
Microsoft Dynamics QuickBooks Great Plains
Education and Technical Designations
Texas A&M University (College Station, TX)
Master of Business Administration (MBA) (1992)
Bachelor of Science - Economics (1990)
Certified Public Accountant (State of Texas)
Professional and Social Organizations
Financial Executives International (FEI)
The Turnaround Management Association (TMA)
Association for Corporate Growth (ACG)
The Boy Scouts of America
Management & Leadership Experience
Acct./Finance Organizations Audit Relationships Banking Relationships
Organizational Change High Growth Companies Turnaround Situations
Debt Restructuring Business Process Redesign Human Resources
Identify Acquisitions Divestiture Process Negotiate Acquisition Terms
Integration of Acquisitions Facility Start-ups Facility Rationalization
Department Start-ups Office Start-ups Back Office Consolidation
Legal Counsel Relationships Information Technology Insurance/Benefit Programs
Legal Suits & Settlements Vendor/Supplier Relations Fleet Management
Functional Skills and Technical Expertise
Accounting & Audit
General Financial Reporting Consolidations
Cost IFRS & GAAP Managerial
Inter-company Corporate Taxation Technical Research
Policy Development Consolidations Acquisition
Divestiture Controlling Year End Audit Process
Internal Audit Risk Assessments Control Mapping & Design
Finance & Treasury
Budgeting Strategic Planning Mgmt. Reporting
Forecasting Corporate Finance Benchmarking
Cash Flow Optimization Financial Modeling Capex Review/Approval
Equipment Financing Credit Management Collections
KPI's Mergers & Acquisitions Planning & Analysis (FP&A)
Strategic Planning Working Capital Mgmt. Payroll
Banking Divestitures Debt Covenant Compliance
Other Skills & Expertise
HR - Employee Development & Coaching Legal - Contract Review & Execution
HR - Performance Reviews Legal - Litigation Management
HR - Succession Planning Operations - Streamlining & Process
Redesign
HR - Benefit Plan Administration Operations - Benchmarking
HR - Talent Acquisition Operations - Inventory Management
IT - System Selection & Implementation Operations - KPIs
IT - Application & Systems Development Operations - Strategic Planning
IT - Business Intelligence Operations - Standardizing Equipment Specs.
Procurement - Vendor Management Operations - Fleet Management
Procurement - Vendor Rationalization Procurement - Vendor Negotiations
Notable Achievements
IFCO (Houston, Texas) Mar 1999 to Nov 2011
> Participated in the acquisition and integration of two acquisitions
which totaled $95 million
> Realized $30+ million one-time improvement in working capital and
recurring annual cost reductions of $12+ million through technology and
business process improvements, restructuring, facility rationalization,
and improved cash and credit management
> Coordinated the closing/consolidating of eight production facilities
which resulted in $2 million/year cost reduction
> Oversaw the design, testing, and implementation of a proprietary raw
material cost tracking system which resulted in more informed and
timely decisions regarding materials management
> Championed the development and implementation of a system which
improved decision-making by equipping facility managers with reports
reflecting key performance indicators such as throughout costs, product
pricing, raw materials cost/unit, and the production rates of
individual employees over time
> Negotiated the purchase of a $10 million competitor which resulted in a
fifteen month payback period
> Designed a web-based portal which allows remote users to enter pallet
shipment data pertaining to national accounts. Directed third party IT
consultant responsible for its development and testing. Eliminated
dependence on a local, error ridden, and unstable database maintained
in ACCESS. Resulted in dramatic improvements in system speed,
stability, and data security
> Authored and rolled out the company's first accounting and internal
control policy manual
> Simplified the process for recording and processing inter-company
transactions resulting in $150k annual savings
> Spear-headed an initiative in conjunction with the Information
Technology group that provided users of financial data a tool and
training to generate "canned" reports and the ability to create custom
reports using Excel pivot tables and proprietary reporting templates
> Partnered with the IT Group and external consultants to develop the
Company's first financial reporting system that generated consistent,
relevant, and timely financial statements
> Led the transition from dozens of antiquated and locally managed legacy
accounting systems to a single common and centralized system
> Planned and managed the training of employees representing 50+
facilities over a six month period prior to the rollout of Microsoft
Dynamics Accounting
> Developed and rolled out a common chart of accounts (COA) for
approximately 150 profit and cost centers; Translated over 20,000
previously existing account names/numbers contained in legacy
accounting systems
> Designed a web based data entry budget template and managed the third
party IT consultant responsible for its development and testing;
personally conducted user training for over 100 employees
> Teamed with the IT Group to build a series of 'canned' financial and
accounting reports