Richard J. Noworyta
**** ****** ******* **** ? Parrish, FL 34219 ? 727-***-**** ?
abieyf@r.postjobfree.com
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Professional Profile
Chief Financial Officer ( Vice President, Finance ? Chief Operating
Officer
Seasoned finance executive and problem solver with an impressive track
record of delivering results. Proven ability to turnaround, prepare, and
sell companies to strategic buyers. Business leader who combines
organizational resources to create innovative, revenue-boosting solutions.
Demonstrated capability to create finance and human resource teams, close
and integrate acquisitions, and effectively streamline processes.
Strategic thinker with a proven ability to redesign organizations while
developing and implementing "best practices".
Career Highlights
. Grew revenues twelve times over a 7-year period. Reconstructed company
from financial instability to a profitable and reputable organization.
(Unisource)
. Built $12M, 70,000 square foot corporate center with zero capital
investment and 50% ownership negotiated with developer and REIT.
(Unisource)
. Guided large cellular tower builder through $50M sale of business to a
large, publicly traded corporation. (Acme Tower)
. Saved 30% ($1.1M) annually through distribution/transportation systems
reengineering initiative. (Nutcracker Snacks)
. Reduced open claims 90%, DSO from 57 to 43 days, and customer inquiry
response time from days to minutes via redesign of customer service
operations, consolidating 5 independent work groups into 1. (Nashua)
Core Competencies
Strategic Financial Planning International Operations Management
Business Reengineering
Budget & Forecasting Turnaround & Growth Initiatives SEC Compliance
Financial Reporting & Analysis Six Sigma & Kaizen Principles Great
Plains, JD Edwards & SAP
Professional Experience
Noworyta & Associates, Co 2008 to Present
Providing Chief Financial Officer & Controller executive services and
project support on a contract basis.
Chief Financial Officer
Managed the financial, contractual, and administrative operations.
Networked and built client relationships, focusing on new business
development and client retention.
. At a real estate management company, provided forensic accounting
support identifying an employee who embezzled more than $1M of their
clients funds.
. At a catalog fulfillment business, did a Risk Review of the business,
found significant gaps in coverage and as well as non existence
coverage in critical areas. Bundled and marketed all insurance
policies saving the client 25% while provided complete coverage.
Tatum, LLC 1998 to 2008
Nation's largest executive service firm ($200M) providing strategic,
financial, and technology leadership within 37 locations worldwide
encompassing more then 1,000 executive resources.
Chief Financial Officer
Managed all aspects of finance and accounting including financial,
contractual, and administrative operations within individual client
engagements. Mentored permanent Chief Financial Officer replacements to
ensure continued development and growth. Networked and built client
relationships, maximizing new business development and client retention on
local level.
. At Unisource, grew revenues twelve times (from $3M to over $40M) over
a seven-year period. Reconstructed company from financial instability
to a profitable and reputable organization.
. At Unisource, built $12M, 70,000 square foot corporate center with
zero capital investment and 50% ownership negotiated with developer
and REIT.
. At University of South Florida, streamlined $650M payroll process
maximizing efficiency, accuracy, and productivity.
. At Acme Tower, guided cellular tower builder through $50M sale of
business to a large publicly traded corporation.
Nutcracker Snacks, Inc
1995 to 1998
$100M food processor of snack items selling to mass merchandisers, drug
stores, and grocery markets.
CFO & Treasurer
Directed all financial, administrative, and materials management functions.
. Renegotiated terms on existing mortgage, equipment, and revolver loans
totaling $25M+.
. Saved 30% ($1.1M) annually by distribution and transportation systems
reengineering initiative.
. Led successful turnaround and subsequent sale to a strategic buyer,
meeting all venture capital goals and timeframes.
Intirion, Inc
1994 to 1995
$19M patented small appliance sales, rental, and leasing firm serving
universities, hotels, and the U.S. government.
Chief Financial Officer
Managed financial and administrative operations in addition to Rental
Division operations management.
. Restructured customer service group increasing efficiency to manage
more then 15,000 rental agreements from 200 universities.
. Consolidated five warehouses and established small assembly
manufacturing plant on west coast.
. Led executive team through a "strategic planning program" increasing
focus on core competencies.
Nashua Corporation 1986 to 1994
$960M multinational manufacturer of computer memory products, copier and
facsimile supplies, coated papers, tapes, labels, photo finishing
services, and international distributor of copier and printing equipment.
CFO, Europe & Group Controller, Office Products
Managed all domestic and international financial functions, IT, customer
service, materials management, and distribution. Directed
manufacturing in U.S. and Mexico and sales subsidiaries in Germany,
Belgium, Denmark, Britain, and the Netherlands.
. Reduced open claims 90%, DSO from 57 to 43 days, and customer inquiry
response time from days to minutes via redesign of customer service
operations consolidating five independent work groups into one.
. Achieved 99% same day shipment, one day delivery in the majority of
markets, and 95%+ fill rate through implementation of reengineered
Office Products Distribution System.
. Decreased products offered 40% with only 2% of revenue affected by
reducing complexity of business through product rationalization
studies.
TRW
1985 to 1986
$250M manufacturing unit of $5B conglomerate making aircraft bearings for
the Department of Defense and prime contractors.
Group Cost & Budget Manager
Coordinated and controlled the preparation of budgets and product costs for
the group (three manufacturing facilities). Responsible for
contract administration, CAS, FAR, and DCAA audits.
. Freed up LIFO reserves of $15M+ by successfully reducing inventories
during the year, improving the bottom line by the same amount.
. Reduced Surplus and Obsolescence Inventory by $1M.
Education & Professional Development
BS, Accounting, cum laude, SUNY Buffalo Buffalo, NY