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Management Accounting

Location:
Cypress, TX, 77429
Posted:
March 09, 2010

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Resume:

DOUGLAS WARRINGTON

***** *** ***** **** *******, Texas 77429 **************@*******.*** 281-***-****

CHIEF FINANCIAL OFFICER SENIOR EXECUTIVE

Entrepreneurial Guidance Strategic Planning Forecasting Modeling Cost Control

Accomplished Entrepreneurial CFO and Senior Executive with over 20 years of quantifiable, hands-on experience

involving both start-up and growth organizations. Highly motivated and creative involvement with CEO’s vision of the

business and it’s direction. High level financial management, and corporate culture development in a variety of

business enterprises. Proven track record of increasing accuracy and productivity through efficiency and mentoring

which produced both bottom-line results, and cross departmental communications. Extensive experience with

financially distressed companies including successful work outs.

Core Competencies

Strategic Planning Multi-National Operations Turn Around & Work Out

High-Stake Negotiations ERP Strategies Risk Management

PROFESSIONAL EXPERIENCE

Tiburon Divers, Inc. - The Woodlands, TX 2007-2009

Executive Vice President of Finance & CFO

Lead successful turn-around of $ 50MM Off-shore diving, marine, and construction company through debt

consolidation, vendor negotiations, and cost reductions.

Appointed by CEO following the dismissal of CFO with full responsibility to keep company out of bankruptcy, and to

return company to profitability. Developed comprehensive plan to restructure and alleviate debt, resulting in a $10MM

reduction in 12 months. Negotiated vendor settlements reducing debt by +/- $ 600M. Successfully managed cost

controls and managed cash flow resulting in the stabilization of the company. Direct management of accounting

operations, IT department, and administrative staff in multi-national environment.

Remedial Construction, Inc. & Infrastruct Security, Inc. - Houston, TX 2005-2007

Controller/CFO/ VP of Finance

Provide financial leadership for$100MM Industrial Construction & Environmental Remediation - $100MM, High

Level Security Integrator - $30MM

Replaced existing Controller, in preparation for extensive growth and international presence through the

implementation of company wide ERP. Developed reorganization plans consisting of accounting operations and

procedures. Implemented cost control procedures including taxation and vendor invoicing. Restructure accounting

team, reduced overhead costs, and increased accounting efficiency. Directed acquisitions and consolidated accounting

practices and operations. Managed collections and reduced 31+ days to +/- 2.3% of outstanding. Presented

documentation and reported monthly financial information to Board of Directors

Quality Electric, Inc. - Westminster, CO 2003-2005

CFO & Controller

Lead successful turn-around of $40MM Commercial & Industrial Electrical Contractor through debt negotiations,

banking relations, and cost containment.

Appointed by CEO following dismissal of CFO in an effort to avoid bankruptcy, and to investigate and audit

questionable practices. Personally completed 24 month historical audit resulting in amended tax returns, revamping

accounting processes, and developing cross departmental communications. Developed banking relations increasing

credibility through timely and accurate reporting, which in turn allowed for a substantial increase in borrowing

capacity and more lenient covenants. Reduced outstanding collection days by 45%. Direct management of accounting

operations, IT department, and administrative staff.

R.A.S. Builders, Inc. - Englewood, CO 1986 to 2003

Controller & Vice President of Finance

Provide financial leadership to $ 350MM Commercial General Contractor & Real Estate Developer including

numerous start-up and high growth subsidiaries.

Managed corporate accounting operations for 13 regional offices, corporate headquarters, and numerous subsidiary

entities in a variety of business venues. Executed standardized cost control systems on construction projects increasing

accountability and profitability. Participated in the procurement and daily management of real property including the

development and leasing. Developed shared WIP system and post-mortem project evaluation program that increased

accountability and profitability throughout operations. Developed ERP, WAN, and CITRIX environment for increased

productivity and cross organizational communications.

EDUCATION AND CREDENTIALS

Currently Pursuing ~ Masters of Business Administration (MBA) Rice University,

Bachelor of Science, Business Administration (BSBA) National American University of Denver, Denver, CO

Accountancy & Finance

Beta Gamma Sigma Top 7% Summa Cum Laude Colorado Scholars 4.0 GPA

Associate of Arts (AA) Front Range College, Westminster, CO

Architectural Design & Construction Management

Professional Associations and Continuing Education

SOCIETY of ACTUARIES Continuing Education

CRESTCOM Bullet Proof Management Program

SIX SIGMA Organizational Management Program, Black Belt

Software Skills

TIMBERLINE, Great Plains, American Contractor, NetSuite, SAP, QB Enterprise, Citrix, Microsoft Office



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