STEPHEN WATSON

**** ****** ***

Old Hickory, TN

Phone: 615-***-****

Email: abinlr@r.postjobfree.com

GENERAL SUMMARY

I am a financial executive with extensive experience in cost accounting,

treasury, acquisitions, business planning, and analysis. I have managed

U.S. and International treasury, accounting and finance functions for the

last ten years with emphasis on consolidations and product reporting. Also

I am a skilled analyst and internal consultant to top management on

business plans, product evaluations, and financial performance.

PROFESSIONAL EXPERIENCE

ALEXANDER AUTOMOTIVE GROUP - Franklin, TN 2010 - Present

Alexander Automotive Group is the largest retail automotive business in

Tennessee. The group consists of 16 rooftops and 22 dealer franchises.

Revenues of the group for 2010 will exceed $450 million.

Chief Financial Officer

. Revised Treasury and cash management of the combined group. Moved to

more centralized bank relationship to maximize the cash flow for better

performing stores.

. Worked with several banks to refinance several mortgages saving over

$700,000 in interest.

. Created monthly performance reports with metrics to assist owners and

GM's manage and analyze the individual and combined financials.

UNITED RECORD PRESSING, LLC - Nashville, TN

2008 - 2010

United Record Pressing, LLC is the largest manufacturer of vinyl records in

the U.S. Also URP has metal plating, printing, photo retouching, and

distribution divisions. URP has annual revenue of approximately $8

million.

Chief Financial Officer

. Created an atmosphere of change and rejuvenation in a company that had

been stagnating.

. Lead sales and customer service departments. Created price points and

growth targets for independent customers. Sales are up 24.3% over same

period last year in a mature market and weak economy.

. Improved gross margin and EBITDA by reviewing fixed and variable costs.

Renegotiated terms with key vendors.

. Developing a new database to improve tracking of orders throughout the

factory. Created key metrics to review productivity and product line

behavior.

KABLELINK COMMUNICATIONS - Tampa, FL 2006 - 2008

Kablelink Communications is a conglomerate of several various companies in

the cable installation, electrical construction (commercial), real-estate,

and HVAC service industries. Kablelink has annual revenue of approximately

$10 million.

Chief Financial Officer

. Analyzed debt needs and negotiated $5 million credit facility

. Focused owner's attention to segment of business that was hemorrhaging

cash. Assisted in the decision to close that segment (savings estimated

at $200K).

. Greatly improved accounting procedures and policies. Re-organized

accounting department to more logical format.

. Began to develop and promote an environment of accountability. Focusing

on strategic goals and detailed guided lines for the organization.

GIBSON GUITAR CORPORATION - Nashville, TN 2002 - 2006

Gibson Guitar Corporation is the premier musical instrument manufacturer in

the world. Gibson has 11 distinct divisions located throughout the United

States, Europe, and China.

Financial Controller for Epiphone and China divisions

. Extensive work on due diligence, beginning balance sheet creation, and

various purchase accounting issues for new acquisitions in China. Also

created new buying office in China to help lower material costs in U.S.

. Improved balance sheet discipline by creating and enforcing inventory

policies and procedures.

. Worked with auditors and tax specialists on creating a super holding

company to shield foreign profits from taxes.

. Worked with operational management for start-up and struggling divisions

to maximize profits by assisting in introducing new sales markets for

products and cutting expenses.

. Work with CSFB on a thirty million dollar debt syndication proposal.

Creating pro-forma historical financials statements. Creating short and

long term projections extending the next five years

. Hands on working with personnel to train and problem solve implementation

issues.

AKG ACOUSTICS - Nashville, TN 2000 - 2002

AKG Acoustics is the U.S. distributor of AKG Acoustics, Austria.

Distributing professional headphones and microphones to musical dealers.

AKG has annual revenue of approximately $25 million.

Controller

. Supervised three direct reports. Accounts payable and credit/accounts

receivable staff.

. Responsible for the financial reporting of the company. Includes

monthly, quarterly, and yearly reporting. Also includes coordinating

budgeting (both capital and income budgeting).

. Created new product segment profitability statements to give visibility

to "true" costs and profits of brands.

. Improved cash management from a receivable DSO 47 days to 34 days.

. Assessed cost justification of moving to a larger facility to support

sales and logistical growth.

DOANE PET CARE - Nashville, TN 1996 - 2000

Doane Pet Care (now Mars Pet Food) is the largest dry pet food

manufacturer in the United States. Annual revenue during 2000 was

approximately $860 million. Doane Pet Care has thirty-three manufacturing

facilities in the United States and Europe.

Manager of Financial Planning and Analysis

. Coordinate budget process of a $860 million dollar company, includes

three international companies (United Kingdom, Spain, and Italy) and

three domestic divisions (dry pet food, canning, and engineering).

Assist in planning for thirty-three plant locations with seven major

product lines.

. Created the "Gross Margin" analysis report, which evaluates the variance

between actual and budget selling price and major cost components

(material cost, direct labor, and overhead). The analysis explains the

affects of mix and volume differences.

. Assessed manufacturing and logistics savings of absorbing volume from two

plant closings to the existing manufacturing network. Analysis was used

to persuade customers that their volume needs could be handled more

effectively by the consolidation of production.

Assistant Controller & Interim Controller

. Assisted in the integration of payroll, cost formulation, and accounting

records. Cost formulation process was completely evaluated and

modernized.

. Negotiated $750 thousand inventory settlement with prior owners. Also

assisted in final balance sheet evaluation and negotiation.

. Supervised eighteen employees in three separate departments: accounting,

accounts payable, and accounts receivable.

. Worked with sales department in maximizing promotional spending by

assisting in programming a promotion spending system. The software

isolated promotion programs were stimulating volume growth.

DELOITTE & TOUCHE, LLP - Hermitage, TN 1991 - 1996

Senior Accountant

. Consolidated 125 regional office budgets.

. Created ranking spreadsheet that listed the top 25 regional offices by

revenue growth, cost savings year to year, and headcount.

. Maintained and evaluated Profit sharing and 401(k) participating

calculations.

EDUCATION

BELMONT UNIVERSITY (MASSEY SCHOOL OF BUSINESS) - Nashville, TN 1999 -

2001

Masters of Business Administration

DAVID LIPSCOMB UNIVERSITY - Nashville, TN 1989 - 1991

Bachelors of Science Degree

COMPUTER / TECHNICAL SKILLS

Proficient in the following software packages:

Microsoft Professional (Excel, Word, Outlook, Power Point, Access)

Great Plains (GL, AR, AP, Order Entry) FRX (report writer)

Peachtree Quantum (including construction job costing)

SAP (various modules: accounting, sales, inventory)

MEMBERSHIPS AND AFFLIATIONS

Member of Tennessee Society of Certified Public Accountants - License

inactive

Member of the Institute of Management Accountants

Member of the International Who's Who of Professionals

REFERENCES AVAILABLE UPON REQUEST

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