STEVEN J. FISCHER, CMA
E**** Dodson Hollow Road Westby, WI 54667
608-***-**** (home) 608-***-**** (cell) ********@***.***
[pic]
FINANCIAL PROFESSIONAL -CFO/VP/CMA
Financial Modeling, Strategic Operational & Budgeting, Forecasting &
Planning, Reporting & Business Planning Profit Optimization
Analysis
Senior Financial Executive successful at driving financial and operational
improvements across multiple diverse organizations. Exemplary leadership,
management and communication skills combined with financial expertise and a
strong background in operations to drive improvement in systems and
processes which fuel profitability and growth. Twenty years of experience
managing and improving:
Pricing and Profitability Systems Development & Implementation
Cash Flow & Working Capital Contract Negotiations
IT Infrastructure Banking & Financial Services
Relationships
Risk Management Income Taxes
Business Policies & Procedures Investment Analysis
[pic]
PROFESSIONAL EXPERIENCE
BRICKL BROS., INC., (and related parties), West Salem, WI
1996 - Present
Brickl Bros. (www.bricklbros.com) is a Design/Build General Contractor
specializing in the commercial, industrial and agricultural markets.
Select Trusses & Lumber (www.selecttrusses.com) and Precision Steel Trusses
(www.pstruss.com) manufacture roof and floor truss systems for use in
government, residential, commercial and agricultural construction. Various
real estate holding companies that own and manage rental property.
General Manager (Brickl Bros., Inc.)/Chief Financial Officer (all entities)
2006 - present
Promoted to General Manager and CFO with decision making authority and
responsibility for operational and financial results. Responsible for
development and attainment of business strategic plan through 12 direct
reports, with accountability for financial planning and modeling,
operations, accounting, purchasing, risk management, banking, legal and
regulatory, IT, safety, capital acquisitions, HR, taxes and investments.
. Improved contribution margin by 3.6% and GPM by 3.25% through pricing,
negotiating, purchasing, and productivity enhancements and an aggressive
cost cutting initiative that reduced indirect costs by 25%.
. Reduced G&A expenses 20% by engaging department managers in a zero based
budgeting process with stronger cost justification criteria and
increasing manager accountability.
. Re-designed incentive compensation to better reward top performers and
motivate lesser performers, reducing total incentive compensation by 5%.
. Negotiated and obtained financing for leveraged buyout at 80% of market
interest rate. Developed strategic plan for repayment of debt and
accelerated payments through increased operating cash flow.
. Raised current ratio by .43, increasing working capital through billings
and collections, accounts payable, inventory control, and over/under
billing management.
. Raised and maintained NPM and ROA at levels above industry benchmarks.
Controller (all entities)
1996 - 2006
Responsible for day to day accounting and finance functions through 4
direct reports, with accountability for financial reporting and analysis,
accounting, budgeting, risk management, IT, banking and cash flow.
. Instilled confidence in financial reporting by designing and implementing
the first fully integrated accounting system in company history, cutting
monthly closing time in half. Substantiated results with subsidiary
schedules showing profitability by projects and product lines. Enhanced
decision making ability and assisted senior management in developing
product mix targets to optimize profitability and ROA.
. Developed business plan and obtained Industrial Revenue Bond financing at
67% of market interest rate for new real estate and equipment which
increased capacity five times.
. Set objectives for inventory and reduced inventory 60% without
compromising revenue.
. Streamlined the budgeting process, reducing preparation time three-fold.
Directed the preparation of budgets for multiple business scenarios.
Incorporated sensitivity (what-if) analysis into budgeting process, and
presented budgets to team members across all disciplines.
. Developed and implemented computerized pricing model which created
competitive advantages across product lines. Implemented activity based
costing metrics and changed overhead recovery methods, improving decision
making. Developed variance analysis reporting system, resulting in
improved cost control and profitability.
. Directed spin-off of wholly-owned subsidiary, ensuring timely regulatory
filings. Developed separate reporting systems to meet the needs of all
parties involved. Continued to manage both companies' finance and
accounting systems and controls.
MASTER ASPHALT COMPANY, Maple Grove, MN 1992 - 1996
Diversified asphalt paving contractor specializing in road and parking lot
construction and re-construction.
Vice President, Finance and Controller
Full charge responsibility for accounting and finance functions through 3
direct reports, with emphasis on capital structure, debt financing,
financial reporting and analysis, budgeting, risk management, IT, and cash
flow.
. Formulated capital structure which optimized liquidity, cash flow,
leverage, profitability, and asset utilization. Divested unproductive
assets, negotiated and obtained debt financing at market rates, reduced
DSO, and improved payment terms with vendors.
. Designed and implemented first LAN and fully integrated computerized
accounting system. Implemented real time job costing system to track
project costs and decreased monthly closing time by 67%.
. Reduced insurance expense 39% and EMR to .68 by instituting safety
policies, procedures and culture.
. Improved system integrity and internal controls, reducing independent
audit expenses by 15%.
MINNETONKA NATIONAL BANK, Minnetonka, MN
1990 - 1992
Community bank offering full spectrum of financial services to small and
medium-sized business.
Credit Manager, Commercial Lending
Accountable for commercial loan portfolio credit quality and yield through
development and application of sound credit management principles. Primary
responsibilities included financial analysis, cash flow modeling, credit
scoring and underwriting, and early detection of deteriorating accounts.
[pic]
PROFESSIONAL CERTIFICATION & EDUCATION
Certified Management Accountant (CMA), Institute of Management Accountants
Bachelor of Science - Finance, Minor - Accounting (Magna Cum Laude)-Mankato
State University