A LAN S MITH Cookeville, TN ****6
800-***-**** (primary)
931-***-**** (alternate)
**********@*******.***
Qualifications for Executive-Level Financial Management
PROFILE
Results-oriented professional with over 20 years of progressively responsible experience in leading high-performance
accounting and finance teams as well as spearheading successful turnaround procedures for struggling companies
with cash-flow crises. Possesses a proven track record of effectively managing mergers, acquisitions, divestitures,
and refinance processes. Adept at adjusting to any environment. Has worked in a variety of industries and in multi-
national settings and has gained extensive exposure in all areas of corporate management. Utilizes strong
leadership and motivational skills to rapidly and efficiently lead teams in supporting and completing corporate
missions. Additional areas of expertise include:
Financial Management P&L Responsibility Financial Analysis Expense Control Budget Preparation
Liquidation Management Start-Up Operations Team Building Forecasting Office Administration
Negotiations Human Resources Risk Management Training Strategic Planning
KEY ACCOMPLISHMENTS
Played a key role in the financial and HR operations of the merger between Dixie Trucking Company and
Service Transport, which led to annual savings of $1.9M.
Directed the successful implementation of a new (and more accurate) payroll and benefits system that led to
annual savings of over $100K.
Established new collection procedures and targets that resulted in a 60% reduction of "over 90 day" receivables
valued at $1.5M.
Re-negotiated property leases at 15 terminals during a period of extreme cash shortages, which brought an
immediate benefit of $750K.
Brought in greater-than-expected returns for ownership and creditors by effectively managing the liquidation of a
business outside of bankruptcy.
Improved a company’s cash flow by over $2M by negotiating additional lending facilities with a lender.
Negotiated with taxing authorities to reduce tax assessments, thus reducing taxes by 75% for one company.
Expanded the utilization of a Materials Resource Planning (MRP) program to identify and control warehouse
losses in labor and material, which improved accuracy of inventory counts by 80% and reduced inventory
shrinkage by $400K annually for one company alone.
Generated $20M in cash for a company by liberating cash from non-essential assets through sales and leasebacks.
CAREER TRACK
CENTENNIAL
Turnaround Financial Management Consultant 2005 to 2008
Worked in all aspects of financial management with companies that were enduring specific financial difficulties.
Designed and initiated processes for the financial and management control of a transportation company’s assets.
Assumed management and control of bankruptcy processes until legal processes were concluded. Took on larger
and broader duties at this company while concurrent services at prior employer, Service Transport Inc., were
gradually diminishing and less needed.
1 of 2
A LAN S MITH 800-***-**** (primary)
931-***-**** (alternate)
**********@*******.***
CAREER TRACK, CONTINUED
SERVICE TRANSPORT INC.
Chief Financial Officer / Vice President of Finance 1999 to 2008
Assumed total financial responsibility for the company; also oversaw human resources, corporate administration, and
information technology departments, including risk and loss management. Conducted several capital-raising
campaigns to generate cash infusions in forms of debt and equity. Directed the implementation of a new payroll and
benefits system. Built a modern accounting organization for Dixie Trucking and then managed the financial and
administrative aspects of the successful merger with Service Transport. Developed exit strategies for owners.
FREDERICKSON MOTOR EXPRESS
Chief Financial Officer / Chief Recruiting Officer 1997 to 1998
Initially hired to resolve alleged cash management issues, but upon arrival, discovered serious accounting flaws
which caused the overstatement of revenue and profit, which led to ownership ceasing operations and liquidating the
business. Managed the closure of the company after the departure of turnaround consultants, including the full
payment of wages and salaries to over 1,000 employees.
THE LOVABLE COMPANY
Chief Financial Officer / Chief Restructuring Officer 1995 to 1996
Hired to assess the company’s operating performance and financial difficulties. Determined that the company’s cash
shortage resulted from the company’s refusal to reduce production when demand slowed during a recession.
Determined the lack of profitability of various contracts and developed a turnaround plan that involved selling excess
inventory to generate cash for working capital needs, which was endorsed by the lender and by turnaround
consultants, but was rejected by the owner. The Lovable Company filed bankruptcy a few months later.
LUCAS INDUSTRIES AND SAGEM, SA
VP Finance, MIS Director, Corporate Accountant Prior to 1996
Modernized financial operations to save money and eliminate overhead. Implemented budgeting, financial
forecasting, and capital appropriations processes to plan for the future while managing investments and uses of
cash. Established, negotiated, and administered employee benefits, including group health plans, 401(k) plans,
pension plans, and supplemental executive retirement plans. Strengthened cost controls and initiated production and
management reviews. Designed budget control systems. Received rapid and successive promotions during tenure,
starting at Accounts Payable and Receivable departments, Accounting Manager, Cost Accountant, Taxation
Manager, and Corporate Accountant, all the way to VP of Finance.
EDUCATION
Institute of Taxation, Taxation Diploma (United Kingdom)
Advanced Secondary Education (United Kingdom)
2 of 2