Financial Manager

William F. Truchan CPA

* ****** **** **** 610-***-****

ningtown, PA 19335 abnf1m@r.postjobfree.com

CAREER SUMMARY

Certified Public Accountant with a 19 year track record of leading teams to achieve financial, operational, and

strategic goals in both entrepreneurial and Fortune 500 environments. Strengths include:

• •

Strategic Planning/Analysis Mergers & Acquisitions

• •

Process Improvement Financing/Senior Credit Facilities

• •

Sales/Marketing Support Consolidations

Turnarounds

• Financial Management

PROFESSIONAL EXPERIENCE AND ACCOMPLISHMENTS

ONSITE SOURCING INC./DOCUFORCE, Alexandria, VA 2001 to Present

Chief Operating Officer 2006 to Present

Chief Financial Officer 2001 to 2006

Managed all financial, operational, marketing, and IT aspects of a rapidly growing $80M litigation

support/electronic discovery organization with 9 locations throughout the US.

• Led current senior executive team in acquisition of $35M publicly traded company and took company

private post close. Assisted in negotiation of transaction, financing and credit agreements, and ran process

to raise equity. Handled majority of due diligence during acquisition.

• Delivered $40M liquidity event by successfully completing a $94M recapitalization transaction of OnSite

with venture capital partner at a valuation that was 5X the acquisition price 20 months earlier.

• Negotiated a recap agreement and new credit facility of $30M for the restructured company.

• Drove a dramatic financial turnaround of OnSite from $35M in revenue and $2.7M in EBITA to $70M in

revenue and $12M in EBITA over a two year period by restructuring internal operational and financial

models.

• Closed and successfully integrated two acquisitions in the first year, and added a start-up subsidiary in Los

Angeles from which to grow the company’s west coast presence.

• Structured a new 10 year lease and $2.5M build-out of a new 70,000 square foot headquarters facility in

northern Virginia.

• Grew the company to $3M in revenue prior to acquisition of OnSite while serving as equity owner and

CFO of start-up DocuForce LLC.

EDWARDS BUSINESS SYSTEMS, INC., West Reading, PA 1999 to 2001

Vice President of Finance/Operations

Directed operational and financial performance of both document management and leasing companies.

• Reduced debt from $9.5M to $5.3M over 24 months by developing and executing new financing strategies

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with both lender and major vendors.

• Strengthened financial accountability and educated employees on the impact of daily actions on company’s

financial performance by introducing functional financial tools.

IKON OFFICE SOLUTIONS, INC., (formerly Alco Standard Corp.) Malvern, PA 1987 to 1999

District CFO/V. P. Financial Operations-Ikon Philadelphia 1997 to 1999

Set direction for financial, operational and marketing support for this $350 M Mid Atlantic District, the largest in the

company.

• Ensured that the customer remained the primary focus during a period of significant organizational

transition by launching district -wide customer care initiatives.

• Cut expenses by $500,000 over an 18 months period by eliminating district redundancy in administrative,

distribution, and marketing support departments.

• Achieved “Partner” status as recognition for contribution to organization.

V. P. Financial Operations-Ikon Philadelphia 1996 to 1997

Directed all financial, operations, and marketing support departments for $80M marketplace, including financial

planning/reporting, compensation plans, and warehouse/distribution functions.

• Transformed prior year operating loss of $3M into $4M profit by engineering the consolidation of four local

operations into one operating unit.

• Captured $30M in revenue over 4 year period by drafting major account program with primary vendor to

meet customer and company demands.

• Initiated monthly senior management group reviews which communicated operating results and reviewed

impact of recent actions/prior planning.

Director of Acquisitions 1994 to 1996

1991 to 1994

Manager – Acquisitions

• Led international financial and operational due diligence for $2 Billion+ in acquisition over five year period,

including Europe, Canada, and Mexico

ALCO STANDARD CORPORATION, Malvern, PA 1987 to 1991

1989 to 1991

Senior Auditor

1987 to 1989

Staff Auditor

EDUCATION

TEMPLE UNIVERSITY, Philadelphia, PA

Bachelor of Business Administration in Accounting, 1987.

CERTIFIED PUBLIC ACCOUNTANT

Completion of requirements 1990

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