Tom Gress, C.P.A.
**** **** ***** **. (H) ***-***-
8837
Cedar Park, TX 78613 *********@*******.*** (C) 512-820-
5565
____________________________________________________________________________
CHIEF FINANCIAL OFFICER
ACHIEVEMENTS
. 3 Initial Public Offerings (CompUSA; Tuesday Morning, Inc; Excel Beef
Industries)
. One Go Private Offering (Tuesday Morning, Inc.)
. Successful experience with 3 Private Equity Owned Operations (Tuesday
Morning; Busy Body Inc.; Furniture Factory Outlet)
. Implemented budgeting and forecasting and measurement system against
actual (Furniture Factory Outlet)
. Set up measurement metrics at Furniture Factory Outlet and cash flow
tracking at Busy Body
. Reengineered Accounts Payable 50-person department at Neiman Marcus
Group
. Selected and implemented system upgrades and total ERP systems at
Tuesday Morning and Furniture Factory Outlet, on time and under budget
. Selected and implemented Human Resource and Payroll systems at Tuesday
Morning and Furniture Factory Outlet, on time and within budget
. Established good working relationships with bankers, factors and sub-
debt holders at various organizations
. Spoke with Wall Street Analysts in the absence of the CFO
. Responsible for all Accounting, Budgeting and Forecasting, Insurance,
both risk and medical, Human Resources, IT and Warehouse operations
. Responsible for oversight and relationship building with outside
auditors
. More than fifteen years of progressive experience including 9 years of
Public Accounting
EXPERIENCE
FURNITURE FACTORY OUTLET, INC, Muldrow, OK (2004 to
2009)
Chief Financial Officer of this $65,000,000, 28-store furniture retailer
. Selected and implemented new enterprise-wide point of sale, general
ledger, inventory management and HRIS systems, saving $200,000 on
purchase
. Set up Scorecard reporting to provide management with key business
measures
. Reduced inventory shortages by over $600,000 per year
BUSINESS CONSULTANT, for various organizations
(2001 to 2004)
. Kaiser Health Care, Ft. Worth, TX center, System reengineering
. Neiman Marcus Group, $3B+, NYSE Company. Reengineered merchandise
payable system, to achieve payment efficiencies and improve vendor
relations
. Central Garden and Pet Distribution, a $750,000,000 subsidiary of
NASDAQ listed company. Performed various analyses of "spin"
possibilities, and advised as to future viability of new organization
BUSY BODY, INC., Dallas, Texas, (1999
to 2001)
Chief Financial Officer of this $130,000,000 retailer of fitness equipment,
with 100 stores coast-to-coast
. Managed the accounting and information systems groups, with emphasis
on how to cut costs, and improve reporting and cash controls
. Partnered with President on turnaround plan to return organization to
profitability
. Revised cash controls and reporting to investors for a clearer picture
of cash position and future needs
Tom Gress, page 2
TUESDAY MORNING, INC., Dallas, Texas (1994 to
1999)
Controller for this $450,000,000 retail chain of specialty discount stores
. Team Leader for the selection and implementation of new Payroll/HRIS
system
. Responsible for general ledger, accounts payable, payroll, sales
audit, and inventory accounting, SEC reporting and two IPO's
FINANCIAL CONSULTANT, Dallas, Texas (1991 to
1994)
Financial consultant to various companies:
. M.E. Moses, Dallas, TX, Interim Chief Financial Officer
Partnered with President to develop turnaround plan and
implement growth and recovery plan for this retail chain
. CompUSA, Dallas, TX, Special Assistant to Controller
Assisted in the preparation of the IPO for this specialty
retailer. Assessed various information systems, trained
personnel on new systems and control procedures, and implemented
new policies in the accounting department
FLEXIBLE MULTICOMPUTER CORP., Dallas, Texas (1988 to
1991)
Vice President of Finance and Administration, for this computer equipment
developer.
. Managed all accounting, Human Resources, payroll, legal and banking
functions
. Coordinated reporting to foreign investors and negotiated real estate
leases
. Implemented a system for calculating and controlling "burn" rate on
investments
MEISEL PHOTOGRAPHIC CORP., Dallas, Texas (1985 to
1988)
Vice President of Finance and Administration, for this industry leading
photographic image processing company
. Responsible for all Accounting, Human Resources, and Data Processing
for this national manufacturing service organization catering to the
retail and wholesale photographic industry
. Obtained new financing for a new facility in Atlanta, Georgia
. Established cost analyses by product lines and controlled other
expenses that resulted in a turnaround from $1 million per year loss
to a profitable business operation
. Established asset-based lending procedures
FITZ AND FLOYD, INC., Dallas, Texas (1980
to 1985)
Director of Finance and Data Processing for this $25 million importer and
operator of retail stores
. Managed all accounting, treasury, credit, banking, insurance, data
processing, and warehousing functions
AUTO DEALERSHIP AND TRUCK LEASING COMPANY (1976 to 1980)
Secretary-Treasurer of these corporations
PRICE WATERHOUSE, Oklahoma City, Oklahoma (1972 to
1976)
KPMG, PEAT, MARWICK, Wichita, Kansas (1968 to
1971)
Started as junior accountant and worked up to manager of clients
. Client experience in Automobile Dealerships, Oil and Gas,
Manufacturing, Real Estate, Meat Packing, and Estates
KOCH INDUSTRIES, Wichita, Kansas, college job, paid my last two years of
expenses.
EDUCATION
Wichita State University, BBA Accounting Oklahoma CPA
certificate
ACTIVITIES
Former Treasurer, Episcopal Diocese of Dallas; Finance Committee Chair;
Strategic Plan Committee; President, Episcopal Children's Foundation
St. Matthias Church: Chairman/Building Committee, Diocesan Delegate
Retail Financial Executives, Mentor for Career Transition Workshop