Scott E. MacArthur Cell: 912-***-****
*** ******** ******* *****, **. Simons Island, GA 31522
abg67b@r.postjobfree.com
Chief financial Officer
Highly accomplished, results-driven financial executive with more than 25
years of progressive experience within finance, administration, mergers &
acquisitions, and financial & business consulting. CPA with proven ability
in cost control, cash flow management, operations support, contract
negotiations, and financial reporting, forecasting, and analysis. Diverse
geographic and industry experience includes contracting, manufacturing,
construction, fire & security services, business consulting, and Big Four
auditing services. Change Agent ensuring adherence to accounting
principles, enhancing return on equity, and executing strategic merger &
acquisition initiatives to maximize growth opportunities and market share.
Solid leadership, communication, and interpersonal skills to establish
rapport with all levels of staff and management.
Core Qualifications
Strategic & Financial International Financial Mergers & Acquisitions
Planning Management
Accounting / GAAP Budgeting / Forecasting / Capital Planning
Compliance Reporting
Incentive Compensation Cost Reductions & Internal 3rd Party Financing
Planning Controls
Professional Experience
Platinum protection, American Fork, UT (Salt Lake City metro area) May
2010 - Present
$50 million home security company operating nationwide in a network of 17
offices.
Chief Financial officer
Direct and manage financial affairs for organization. Leading role in
securing $7.5 million financing line for company. Implemented strong
disciplines in monthly financial reporting, cost center reporting,
budgeting and internal control structure.
Selected Achievements:
> $7.5 million mezzanine financing transaction
> Developed five year financial plan incorporating sales growth, financial
disciplines and mix of debt and equity financing
> Developed and issued monthly operating report incorporating key operating
metrics
> Board level reporting and presentations
> GAAP financials monthly; timely 5-7 day close of accounts
> In-depth efforts with key vendors in negotiating price reductions and
extended payment terms
Island Cottage & Home, St. Simons Island, GA 2004 - 2010
Kitchen and bath design and custom cabinetry business serving Southeast
Georgia within residential and commercial markets encompassing renovation
and new construction.
President & Chief financial officer
Manage daily operations encompassing six direct reports within $1M custom
design and fabrication business. Direct all aspects of finance, accounting,
and customer service. Monitor design, sales, fabrication, and installations
within $500K to $16M residences. Coordinate and manage strategic plans,
budgets, forecasts, and cost control processes. Ensure business development
via builder relationship development and strategic growth initiatives.
Selected Achievements:
> Developed and established successful startup business encompassing
strategic marketing plans, advertising strategy, website development,
vendor / supplier relations, and staff recruitment / development.
Designed and built kitchen and bath showroom & design center and cabinet
fabrication facility.
> Assembled network of subcontractors for contract fulfillment during peak
periods and certain non-core competencies.
> Achieved "Best Kitchen & Bath Designer" in local "Best Of" awards for
2006 and 2007.
Private Business Consultant, St. Simons Island, GA 2004 - Present
Provide periodic business consulting services to local small businesses.
Develop detailed financial statements, projections, and modeling for new
business startups.
ADT Security Services, Inc., Boca Raton, FL 1999 - 2003
$4B residential and commercial security systems business providing home
security systems, commercial alarm and camera systems, and retail anti-
theft tagging systems.
Chief Financial Officer / Senior Vice President
Directed 600 financial staff members with $4M annual budget. Managed
corporate financial functions including financial reporting, information
technology, billing and accounts receivable, accounting department,
technical accounting, internal audits, and Regional Controllers. Served as
partner to Operating Managers in executing overall business plan.
Selected Achievements:
> Reduced operating costs $50M through headcount reductions, facility
closures, G&A expense savings, and product sourcing changes.
> Improved cash flow $40M via improved accounts receivable management and
extended accounts payable terms with major suppliers.
> Negotiated $1B key competitor acquisition. Led due diligence efforts and
spearheaded integration efforts with existing operations. Directed
ongoing acquisitions of local and regional security competitors.
> Raised ROI five percentage points through increased pricing, reduced
selling expenses, and improved customer retention rates.
> Led transition to CRM system from legacy systems. Implemented Hyperion
and Essbase reporting systems.
> Implemented percentage of completion accounting method including cost to
complete reviews
Tyco Fire and Security Services, Boca Raton, FL 1996 - 1999
$10B fire protection, residential and commercial security systems, retail
tagging, fire extinguisher, and fire alarm system provider.
Vice President, Business Development
Led mergers and acquisitions initiatives for Operating Division. Negotiated
large deals and directed local efforts in various countries. Visited
numerous target businesses in the United States, Europe, Australia, Asia,
and Latin America reviewing business fit, evaluating financial statements,
and performing due diligence. Managed staff of 10 direct reports and 50+
indirect operations personnel. Executed more than 100 deals over three
years.
Selected Achievements:
> Led negotiations on $500M Pan-European security business, $60M
acquisition in South Korea, $45M acquisition in France, and $16M
acquisition in Chile.
> Developed acquisition strategy for each operating unit to target growth
opportunities by product line and directed personnel to pursue identified
targets.
Prior tenures included:
Twitchell Corporation, Dothan, AL 1994 - 1996
Controller
Grinnell Europe, Brussels, Belgium, and Exeter, New Hampshire 1990 -
1994
Financial Controller (1992 - 1994), Assistant Controller (1990 - 1992)
PricewaterhouseCoopers, Boston, MA / Denver, CO 1983 - 1990
Audit Manager
Education / Credential
Bachelor of Science in Business Administration, Auburn University, Auburn,
Alabama
Certified Public Accountant