CHRISTOPHER J. STATT
**** ******* *** ( Atlanta, Georgia 30319
404-***-**** ( ******@*********.***
EXECUTIVE-LEVEL MANAGEMENT
Chief Financial Officer ( Vice President of Financial Planning
Results-oriented finance executive with a proven record of generating
revenue, controlling costs and guiding companies through substantial
change. Specialize in analyzing business opportunities, evaluating business
processes and developing plans for improvement. Effectively manage
operational startups and thrive on competition, challenges and creatively
solving complex finance problems. Unique background provides an
understanding of sales, marketing, technology and human resources
management. Inspirational leader who drives excellence organization-wide.
Areas of expertise:
Operational/Financial Leadership ( Service Delivery ( Financial Reporting (
Entrepreneurial Drive
Interactive Development ( Capital Financing ( Financial Systems ( Analyzing
Products & Services
Financial Analysis & Review ( Banking Relations ( Budgeting & Forecasting (
Project Management
Team Leadership ( Client Relations ( Team Building ( Contract Negotiation (
HR & IT Management
PROFESSIONAL EXPERIENCE
MCRAE ( Atlanta, Georgia ( 2002-Present
An integrated marketing communications agency providing advertising, public
relations and interactive solutions to clients in various industries.
Vice President, Finance
Function as Chief Financial Officer, overseeing all aspects of corporate
finance and serving as a trusted advisor to the 2 partners and shareholders
to establish strategies that drive growth. Maintain a special focus on
processes and automation to optimize short-term cash flow as well as long-
term financial investments. Assist with key client account decisions,
including establishing pricing and negotiating contracts. Provide senior-
level program management to ensure effective account direction, staff
utilization and account billing. Direct all aspects of HR, administration
and IT. Supervise accounting, financial analysis, and financial reporting
personnel.
. Facilitated substantial corporate growth, increasing sales by 178%,
gross income by 117% and staff by 100% in less than 6 years.
. Reduced operating expenses by $300,000 within 12 months of employment
without cutting staff.
. Developed a 3- to 5-year banking and investor packages to secure
$500,000 in mezzanine financing, increase line of credit from $250,000
to $750,000 and maximize interest earned.
. Initiated rolling forecasting process to provide 12-18 months of
visibility within a 5% margin of error, including leading all business
development forecasting to predict workflow requirements and
utilization.
. Conducted a 12-month staff utilization and hourly billing capacity study
to determine most profitable method for serving an additional $2 million
in new business with existing staff.
. Managed agency technology spend and oversaw interactive services revenue
growth of 400%.
. Streamlined the billing process and terms for key clients, reducing days
sales outstanding by 20 days, improving monthly interest income by
$5,000-$7,500 and reducing working capital requirements by $500,000.
. Reduced monthly closing by 5 days while adding details about media,
production and outsourced contractor accruals by client job to achieve
99% accrued expense and prepaid job costs accuracy.
CHRISTOPHER J. STATT ( Page 2 ( ******@*********.***
. Supported a 20% operating margin and improved profitability by
establishing staff billing rates and engagement pricing based on client
and perceived value, constantly analyzing billables to adjust rates.
. Improved internal accounting and technology systems to allow daily,
weekly and monthly cash tracking as well as long-term capital investment
decisions.
. Aggressively negotiated insurance policies to save 3-5% annually and
receive a 40% workers' compensation dividend annually, keeping annual
health insurance cost increases below 12%.
OUTWEB, INC. ( Atlanta, Georgia ( 1999-2000
Provider of business plan development and consulting, strategy, IT
consulting, graphic design services, web development and interactive
application development.
Vice President, Technology Development
Quickly promoted to establish and lead delivery operations for startup
company, serving on executive team to develop corporate mission, strategic
direction, goals and objectives, service offerings, organizational
structure and internal processes. Directed pre-sales, project management,
interactive design, application development and network administration
teams. Designated subject-matter expert on developing plausible business
technology, financial and operational models for clients. Supported sales
and consulting teams in identifying, negotiating and closing six-figure
development projects. Performed paid business requirements gathering
sessions to determine the best overall mix and price for client projects.
Served as client account manager for key clients.
. Partnered with sales manager to close a $500,000 web development
project, the company's largest sale at the time.
. Initiated a modified fixed pricing strategy that established a price
range for the entire engagement as well as individual pricing for each
stage.
. Sold and managed application development for 3 online business models
with phase 1 interactive development ranging from $250,000 to $500,000.
. Directed all aspects of a consulting project for client Radio Ride,
including planning business requirements, researching applicable
technologies and overseeing successful deployment.
. Led the recruiting effort to build project management, graphic design,
web development and application development teams, growing the team from
4 to more than 20 personnel.
. Introduced reporting processes for the department and created a sales,
operations and delivery model containing key business metrics for all
projects.
NEWTON PARK, INC. ( Atlanta, Georgia ( 1997-1999
Leading e-business company offering website development, hosting, technical
consulting and interactive marketing services.
Chief Financial Officer / Chief Operations Officer
Equity owner charged with establishing startup financial structure for
planning and reporting, including developing relationships with banks,
funding sources, healthcare, insurance, legal and CPA services. Created
strategic financial plans and technical accounting systems to drive cash
flow and profitability. Performed revenue, expense, staffing and cash flow
analysis to guide business opportunity pricing, track future performance
against financial goals and determine needed capital. Led workflow
improvement initiatives. Assumed control of project management and
interactive development team, standardizing processes to improve service
and grow team to 20 employees. Managed key client relations and full
project lifecycle for projects as large as $100,000. Supported sales in
negotiating and closing major accounts.
. Secured critical working capital by closing a small preferred stock
transaction.
. Formalized the entire project management process, including sales,
delivery and metrics.
. Enhanced profitability by developing new sales contracts to minimize
contract negotiation and provide a more extensive menu of service
options.
CHRISTOPHER J. STATT ( Page 3 ( ******@*********.***
PRUDENTIAL FINANCIAL ( Newark, New Jersey
A $33 billion financial services organization servicing both individual and
institutional clients worldwide.
Financial Data Warehouse Manager - Corporate Enterprise Operations (1997)
Partnered with senior-level executives for various internal business units
to promote the services and benefits of the financial data warehouse
project within the organization. Recruited, supervised and trained 3
analysts and as many as 10 developers charged with gathering and
documenting business unit requirement specifications to build beta
application prototypes. Evaluated workflow processes, analyzed needs,
collected sample deliverables and promoted early adoption of the financial
data warehouse tools. Prepared detailed functional specs and guided
prototype development team, detailing timeframes and resources for on-time
delivery.
. Managed six detailed multi-dimensional specification deliverables while
training a new team of analysts
. Received executive approval for the full lifecycle, requirements
gathering through user documentation and testing, phase one prototype
development project plan presented
. Created visual training deliverables and interactive demos to educate
team members on the power of mining a financial data warehouse and
managing financial processes with key business drivers, metrics, and
competitive market data
Financial Analyst - Prudential Mutual Funds Investment Management Finance
(1995-1997)
Directed all aspects of the $200 million public operations financial
planning and analysis reorganization, initiating a plan for the new group
and ultimately transitioning authority for implementation. Served as
project manager for key corporate improvement initiatives. Oversaw the
group's $60 million budgeting, financial planning and quarterly reporting
processes. Supervised and trained 7-person team.
. Partnered with senior leadership to implement activity-based costing for
each department, enabling allocation of expenses to individual mutual
funds.
. Led successful accounting system conversion from Prudential General
Ledger System to Prudential Securities' MSA, allowing more accurate
tracking of each mutual funds' management expense fees.
. Negotiated the payment of an outstanding $20 million bill from
Prudential Securities to PMFIM.
. Received successive promotions of increasing authority, including
Financial Systems Representative - Corporate and Assistant Financial
Analyst - Investment Advisors Finance.
EDUCATION
Master of Business Administration Coursework in Finance and MIS
New York University Stern School of Business ( New York, New York
Bachelor of Science in Business Administration, Concentration in Finance &
MIS
State University of New York at Buffalo ( Buffalo, New York
Summa Cum Laude
PROFESSIONAL DEVELOPMENT
Certified Management Accountant (CMA) ( Certified Financial Manager (CFM)
Certified Treasury Professional (CTP)