LARRY W. BRUMFIELD, CPA
**** ******** ****** ****** *****, SC 29579 843-***-****
abkppi@r.postjobfree.com
CPA / AUDIT MANAGER
Financial Analysis & Planning / Audit / Financial Statements / GAAP /
Startups / Restructurings
Corporate & Structured Finance / IPOs / SEC Filings /Consulting / Strategic
Planning / Contracts / Negotiations / Corporate Tax
M&A / Due Diligence / Turnarounds / Litigation Support / Real Estate
Development / REITs
Extensive experience as CPA, CFO, Secretary and Treasurer, in public and
corporate accounting, financial statements, and the complete audit process.
Audited financial statements and footnotes, evaluating complex accounting
issues and their resolution, corporate and structured finance, capital
raising and all facets of real estate development. Highly experienced with
SEC filings, under the 1934 Act, IPOs under the 1933 Act, financial
restructurings, business turnarounds and strategic planning. As a corporate
leader and executive, led the development and financing of $400M+ in
capital projects and the acquisition of over $200M in commercial property.
Excel at developing personal, high-integrity relationships with colleagues,
clients, auditors, law firms, regulatory authorities, etc. Creative
communicator, effective with people at all corporate levels; build
successful cross-functional teams. Driven, goal-oriented leader, proven at
multitasking in high-pressure deadline driven environments. An accomplished
and sought-after speaker and conference leader on a national basis. Earned
BS in Accounting, with honors, at Virginia Tech.
Serving as member of Senior Management Team from Finance and Accounting
viewpoint
Providing results proven consulting services to a variety of clients in
numerous industries
Applying innovative accounting, finance and management techniques to
challenging circumstances
Conducting financial analysis and analytic review from a "does it make
sense" perspective
Periodic financial reporting experience, including Forms 8-K, 10-Q and Form
10-K
Creating environments that generate and maintain sustainable growth
Mentoring staff and building working teams in and outside the company
SELECTED ACCOMPLISHMENTS
Turned around Blue Rhino, restructuring and driving sale of company.
Recruited by Chairman and major investor to "fix" troubled startup propane
supplier. After situation analysis, migrated company from vertical to
virtual business model. Led a successful restructure, moving company to
national distributorship model. Acquired additional VC and high net worth
"angel" financing.
Rescued cash-strapped pharmaceutical company by developing innovative
strategy. After LBO, King Pharmaceuticals was turned down by 15 banks and
unable to raise working capital. Within three weeks, assessed situation.
Completed formal Business and Financing Plan. Successfully put in place an
asset-based line of credit, allowing company to grow. King is now large
public company.
Orchestrated world's largest apparel company M&A. With tight deadline and
short staff, challenged to handle the acquisition, audit and purchase
accounting of Blue Bell by VF Corporation. Garnered available resources,
worked closely with client, handled all technical issues and met necessary
public company earnings release deadlines. Received numerous accolades
from client and firm for effort.
Supported over $600M in financings for complex real estate opportunities.
The "Grand Strand" of SC was ripe for re-development of older hotel and
resort properties. Met with major players in the market and developed
financial models and economic realities. Initiated cascade of deals based
on successes of financing initial projects. Won acclaim with all
stakeholders by ensuring accuracy of project needs.
CAREER HISTORY
Managing Partner, LWB Development Group, (Full-service coastal NC and SC
real estate developer), 2006 to present. Visualized numerous projects,
evaluating regulatory/entitlement hurdles. Conducted economic feasibility
analysis. Negotiated multiple joint venture opportunities. Completed large
PUD from inception. Handled all finance, accounting and tax matters.
Senior Partner and Founder, Strand Capital Group, LLC, 1997 to 2006.
Oversaw operations, sales, and financial activity for the development, sale
and management of resort properties. Developed all financing models to
obtain senior bank debt and third party mezzanine financing. Established
strong working relationships with senior level executives, politicians and
regulatory authorities throughout the area. Handled all finance,
accounting and tax matters.
CFO, Secretary, Treasurer, Blue Rhino Corporation (propane supplier), 1995
to 1997. Recruited to restructure and reengineer entire business model.
Created and presented turnaround business model to corporate board, venture
capitalists and high net worth investors. Led company through
restructuring, taking Blue Rhino to national level.
Director/Manager, Corporate Finance Practice, PricewaterhouseCoopers, 1993-
1995, Promoted to Financial Services Advisory Group. Directed major IPOs,
leading to significant new consulting business. Led regional real estate
advisory. Directed numerous consulting engagements.
Senior Manager, Audit/Business Assurance Practice. PricewaterhouseCoopers,
1991-1993, Leader in start up of new office. Directed team of ten.
Recognized regionally within firm for ability to direct and complete
complex audits and business transactions.
Personal: Enjoy the outdoors, golf, and spending time with my family. Also
a voracious reader of history and spiritual books, and subscribe to a
number of professional journals and business magazines. In addition, I
support many local charities.