Skip Sorenson
Newhall, CA . 661-***-**** . Cell: 818-***-****
************@*****************.***
Professional Experience:
Santa Clarita Salsa (La Salsa Fresh Mexican Grill), Newhall, CA
2008 - Present
Start up company, purchased and opened two franchise restaurants in Santa
Clarita.
Franchisee Owner
. During a tough economic cycle took stores from start-up to $1,000,000
. Designed and managed leasehold improvements; recruited, hired and
trained staff of 26
. Developed rewards card program that increased repeat customers five
fold, success led to program being introduced to franchise stores
nationwide
Allied International, Sylmar, CA
1993 - 2008
$70 Million Import Distribution Tool Company
Chief Financial Officer / Chief Operating Officer (1999-2008)
Chief Financial Officer (1995-1999)
Controller (1993-1995)
. Accountable for team of 80 responsible for accounting, customer
service, purchasing, warehouse management and quality / inventory
control.
. Developed and spearheaded turnaround that allowed company to retire
$4.5 million of sub-debt and $2.5 million of preferred stock
. Created and managed GmbH subsidiary in Germany to extend brand
recognition and grow sales internationally
. Identified and oversaw enterprise wide conversion and implementation
of Oracle ERP system
. Reduced past due receivables from 35% to 17% and bad debt expense from
$500,000 to $50,000
. Implemented RFID warehouse order pulling system that reduced errors by
$120,000 and dramatically transformed productivity
. Conceptualized and developed reporting tool, Net Margin Analysis
Report, that facilitated analysis and action on non-profitable
business
. Converted 401K plan resulting in a 50% increase in rate of return
Jacobs Engineering, Pasadena, CA
1983 - 1993
Accounting Manager (Corporate Accounting Manager for Robert E. McKee, Inc.,
a subsidiary of Jacobs Engineering)
. One of four people out of 1200 employees offered move to California
post acquisition
. Responsibilities included job costing, general ledger, I/C analysis
and preparation of financial statements, quarterly forecasts and
annual business plan
Education:
B.A. Accounting, Morningside College, Sioux City, IA, 1983
MBA, University of Phoenix (2011)