BRUCE FREDRIKS, CPA, MBA Tel: 417-***-****

Cell: 417-***-****

Email: abnmxy@r.postjobfree.com

Tel 417-***-****

Seasoned senior-level executive with a wide-range of experience in corporate finance, accounting, mergers

Profession and acquisitions, treasury, and administrative functions serving publicly and privately-held manufacturing

al Summary and oil companies. Significant international experience with concentrations in Asia-Pacific and the Middle

East including role as the key person on the ground for China M&A transactions. Areas of expertise with

extensive hands-on experience include:

Experience LEGGETT & PLATT INC. – Carthage, Missouri 1998 to 2009

A Fortune 500 publicly-held manufacturing company engaged in the design and production of a range of

engineered components and products worldwide.

Asia-Pacific Automotive Controller – Shanghai, China (2008-2009)

Responsible for Asia-Pacific automotive operations during a slowdown in the company’s M&A transactions.

Responsible for the integrity of financial information and systems for plants operating in China, South Korea

and India. Directed financial management functions including development of monthly/quarterly financial

statements, financial forecasts, and budgets. Recruited, developed and managed team of finance

professionals, managers, and support staff. Key contributions:

Developed cost-cutting initiatives in three automotive divisions resulting in approximately $1.5 million

in potential annual savings.

Implemented new transfer product pricing policies between Chinese and Korean resulting in

increased external sales of $3.0 million per annum to Hyundai.

Staff Vice-President Operations Accounting and Due-Diligence (2002-2008)

Led all international M&A activities including due diligence, negotiation of deal terms, purchase price

allocations, integration processes, culture development, localization of management, and implementation of

corporate policies. Key contributions:

Performed due-diligence on buy-side acquisitions for over 35 manufacturing companies located in

China, Vietnam, Mexico, Brazil, UK, Europe, and South Africa with average deal size of $5.0 million

Due diligence procedures and further negotiations led to average purchase price reductions of $600

thousand per transaction.

Achieved significant savings based on advising against potential acquisition resulting in savings of

over $50 million in purchase price on cancellation of aluminum die-casting deal.

Built relationships with local provincial governments in China to implement deal structures to

maximize tax-free savings on acquisitions of up to $7.0 million.

Successfully completed the first Sarbanes Oxley implementation for our operations in China.

Discovered inventory fraud at our UK manufacturing facility resulting in settlement proceeds of over

$100 thousand due to initial findings and support throughout the litigation process.

Negotiated per annum savings of over $200 thousand for external statutory audit fees.

International Controller (1998-2001)

Responsible for accounting and reporting functions for international operations in Europe, China, UK,

Switzerland, Mexico, Australia, and South Africa. Worked in collaboration with all international divisional

controllers to ensure timely and accurate reporting of monthly and quarterly financial results.

Oversaw and managed all external statutory audits. Administered all financial management systems,

evaluating and integrating new applications. Key contributions:

Co-led major technology implementation for international ERP manufacturing operations.

Made significant improvements in the quality and efficiency of our international reporting including

remediation of on-going weaknesses in the intercompany reconciliation process.

NEI WEBWORLD - Dallas, Texas 1996 to 1998

A publicly-held commercial printing company with mid-sized customers in the Southwest United States.

BRUCE FREDRIKS, CPA, MBA Tel: 417-***-****

Cell: 417-***-****

Email: abnmxy@r.postjobfree.com

Tel 417-***-****

Vice President of Finance and Administration (1996 to 1998)

Responsible for the oversight of all accounting, finance, purchasing, human resources, and treasury

functions of the company. Responsible for presentations to the Board of Directors, preparation of SEC

filings, negotiations for all bank financing, and oversaw all general accounting functions. Key contributions:

Prepared company for Initial Public Offering (IPO) working closely with outside legal counsel and

underwriters. Completed successful IPO listing on the NASDAQ stock exchange.

Ensured compliance with public reporting requirements in company’s successful IPO of common

stock.

Completed successful acquisition of a Dallas-based printing company.

.

CALTEX PETROLEUM CORPORATION - multiple locations 1972 to

1995

Oil refining, trading, and marketing joint venture with Chevron and Texaco with operations in more than 60

countries in the Asia-Pacific region, the Middle East, and southern Africa.

Accounting Specialist – Dallas, Texas (1994-1995)

Responsible for implementing and monitoring US GAAP compliance for domestic and global operations.

Led efforts to document general and technical accounting policies and procedures. Issued standard,

company-wide policy and procedures manual.

Treasurer - Singapore (1990-1993)

Responsible for setting up regional treasury operations for new Singapore office to manage all Asia-Pacific

operations. Monitored foreign exchange exposure and implemented short-term bank facilities for working

capital needs. Implemented treasury software system and trained local staff. Responsible for initiating and

managing all documentary letters of credit for shipments of crude oil and products. Key contributions:

Formed global Executive Credit committee responsible for controlling derivative 24-hour trading

desk exposure and manage the credit exposures for physical oil trading operations in Singapore,

UK, and US operations.

Implemented initial non-recourse bill discounting facility with Chase Manhattan Bank for deliveries

of aviation jet fuel to Philippine Airlines resulting in clearing past-due receivables of $6.0 million and

reducing DSO from 150 to 60 days.

Financial Planning & Credit Administration – Dallas, Texas (1978-1990)

Responsible for preparation of monthly financial statement analysis for senior management, budget and

forecast analysis, and global cash forecast. Responsible for tracking currency exposures, and

recommending hedging opportunities. Responsible for monitoring credit performance of operating

companies and obtaining approval of credit lines in excess of $2.0 million. Key contributions:

Successful track record of foreign exchange hedge recommendations including a $3.0 million one-

time gain on the devaluation of Thai Baht on USD denominated debt at subsidiary level.

Cut-off credit facilities to key Singapore marine customer, reducing potential bad debts of an

additional $1.5 million prior to bankruptcy.

Accounting Supervisor- Bahrain (1975-1977)

Responsible for accounting department which staffed 20 for a 250,000 capacity refinery including costing,

government reporting, accounts payable/receivable, fixed assets, and shipping. Responsible for all financial

reporting, forecasting, and financial statement analysis. Key contributions:

Managed and directed payments to Bahrain government for local crude supplies, and buyback

products totaling $25 million in monthly purchases.

Accounting and Special Projects – New York City (1972-1975)

Assisted in preparing global consolidated financial statements and monthly earnings, sales, expense, and

operations reports including refinery runs, capacity utilizations, and capital spending reports.

Education EDUCATION

and Bachelor of Science in Accounting

Certificatio Rider College

n Masters of Business Administration with Distinction

BRUCE FREDRIKS, CPA, MBA Tel: 417-***-****

Cell: 417-***-****

Email: abnmxy@r.postjobfree.com

Tel 417-***-****

Pace University

CERTIFICATION

Certified Public Accountant, State of Texas

Certified Fraud Examiner

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