RICHARD J. SAMUELS, CPA
*** ********** ***** ****: 561-***-****
Wellington, Florida 33414 Cell: 561-***-****
E-Mail: **********@***.***
SUMMARY OF QUALIFICATIONS
Senior level finance professional with extensive and diversified financial management,
operations and computer systems experience in both public and privately held companies,
and a “Big-8” public accounting firm.
Leadership positions in business planning, process improvement, and computer systems
configuration, enhancement and implementation projects.
Process-oriented decision maker utilizing both macro and micro-level approaches to problem
solving with a proven ability to rapidly analyze financial and operational problems,
understand the issues, and ask the key questions to derive the best solutions.
Ownership attitude with strong leadership, organization, administrative and interpersonal
skills.
PROFESSIONAL EXPERIENCE
MOUNTAIN VALLEY RECYCLING, LLC, Boca Raton, Florida 2007 – Current
NEXTLIFE HOLDINGS, LLC, Boca Raton, Florida (affiliated company)
($10 million start-up plastic recycling/manufacturer and developer of sustainable products)
Director of Finance/Controller
Configured and tested major upgrade to Traverse ERP system including expansion of the
system to include inventory, manufacturing and sales order processing applications.
Established policies, procedures and processes for managing business functions, including
credit and collections, monthly closings, cash management, inventory reporting, etc.
Developed weekly/monthly reporting structure with private equity firm investor.
Managed all supply chain activities related to launch of initial sustainable product to retail,
including inventory levels, manufacturing scheduling, and retail order optimization.
OCEANBOY FARMS INC., Clewiston, Florida 2005 – 2007
($5 million shrimp aquaculture company; startup/turnaround situation)
Vice President – Finance and Treasurer
Established structure and processes to manage and control business activities in migrating
from startup to commercialization, including cash flow, operating and capital budgets, credit
and collections, purchasing and financial reporting.
Developed, with the President, turnaround strategy to position the company for acquisition,
including strategic plan, cost containment opportunities and corresponding financial models.
TWIN-STAR INTERNATIONAL, INC., Delray Beach, Florida 2005
($50 million importer of electric fireplaces)
Vice President - Operations
Established processes, procedures and controls to manage three hundred percent growth in
sales over the prior year, including coordination of processes with China office.
Richard J. Samuels, CPA Page Two
Management of data migration in conjunction with conversion from Peachtree to MAS 200.
Performed distribution study and relocated US warehouse operations, resulting in reduced
costs and improved customer service.
SLIM FAST FOODS COMPANY & AFFILIATE, West Palm Beach, Florida 1997 – 2005
($750 million manufacturer, distributor and marketer of consumer packaged goods)
(Slim-Fast Foods was acquired by Unilever in May 2000)
Finance Director – Business Planning (2003-2005)
Developed, implemented and managed on-going execution of new Sales and Operations
Planning process (demand planning) with participation of Supply Chain Planning, Inside
Sales, Field Sales and Marketing Departments, including structure, common terminology,
and development of templates and monitoring tools utilizing Excel and Essbase.
Developed consumption-based planning model in collaboration with Marketing Department.
Provided technical support to the Unilever integration team in transitioning Slim-Fast back-
office functions to Unilever systems (SAP) and service centers.
Director of Business Process/Systems (2001-2003)
Directed project to document business processes at existing manufacturing plant for use as
foundation in developing business processes and procedures for a new manufacturing plant.
Created overall business systems roadmap to support manufacturing facilities (existing and
new plant) and corporate requirements, including expanded utilization of existing ERP
system (BPCS) to handle new multi-facility requirements.
Managed conversion of legacy order to cash systems to existing ERP system (BPCS).
Project included process enhancements required for new system and user requested
improvements to streamline current processes.
Guided third-party warehouse and logistics providers in developing their standard operating
procedures to support Slim-Fast and customer business requirements.
Directed project to review and document existing internal and external customer service
processes. Made recommendations for improvements, and implemented agreed-to
enhancements.
Manager of Operations Analytics (2000)
Provided financial analysis and decision support to Chief Operating Officer and operations
group, including Supply Chain Planning, Distribution, Manufacturing, Purchasing and
Quality Control Departments.
Developed capital budget, capital acquisition and project accounting processes for new $100
million manufacturing facility and functioned as initial project controller.
Controller – Thompson Medical Company (1997-1999)
($80 million distributor and marketer of over-the-counter pharmaceutical products)
Provided financial support for sale of Company’s active brands in two separate transactions.
Concluded “winding-up” of Company’s business affairs following closing of sale of final
brands, including liquidation of remaining payables and collection of open receivables.
Restructured financial reporting processes to provide timely information in more efficient
manner with reduced overhead.
Managed accounting and credit departments and was responsible for employee benefits,
human resources and insurance matters.
Richard J. Samuels, CPA Page Three
SAFETECH INDUSTRIES, INC., West Palm Beach, Florida 1996 – 1997
($3 million publicly traded manufacturer and distributor of hurricane shutters)
Chief Financial Officer
Within a four-month period, prepared and filed Forms 10-K, 10-Q and 8-K with the
Securities and Exchange Commission for the current and two delinquent prior years to
address purchase accounting issues regarding previous business combinations, and bring the
Company into compliance with SEC filing requirements.
Designed and implemented order entry and inventory control procedures for subsidiary
companies.
WRISCO INDUSTRIES INC., Palm Beach Gardens, Florida 1987 – 1996
($30 million privately held multi-location distributor of aluminum products)
Chief Financial Officer and Treasurer
Direct responsibility for: (a) directing the accounting and credit departments; (b) negotiation
of banking and lending arrangements; (c) administration and evaluation of employee benefit
programs and personnel policies; (d) corporate and partnership tax returns; (e) budgets and
cash flow projections; (f) negotiation of contracts and leasing arrangements; (g) coordination
of legal affairs with outside counsel; (h) maintenance of Company's commercial insurance;
and (i) training of personnel in operating procedures, practices and policies.
Developed and implemented streamlined budgetary process and ongoing cost reduction
practices.
Developed and implemented, with the owner, restructuring plan to downsize Company and
return it to profitability, including (a) negotiation of forbearance agreement with previous
lender, (b) securing new revolving loan commitment; and (c) ongoing negotiations with
lender for reduction in borrowing costs.
Implemented new computer system and reporting processes for start-up
manufacturing/assembly/retail division.
ARTHUR ANDERSEN & CO., Cleveland, Ohio 1979 – 1987
(“Big 8” public accounting firm)
Experienced Audit Manager (Started as Staff Accountant)
Broad business exposure to management in public and private enterprises, concentrated in
manufacturing, wholesale distribution, retail and health care industries, as well as
governmental and educational institutions.
Developed governmental audit practice in Cleveland office and other offices in Ohio.
EDUCATION
Bachelor of Science in Business, with Distinction. Major in accounting
Indiana University, Bloomington, Indiana, 1979
Certified Public Accountant
State of Ohio, 1981