Jeffrey Chandler
Email: *********@********.***
Address: *** ***** ***** ***.
City: Midvale
State: UT
Zip: 84047
Country: USA
Phone: 801-***-****
Skill Level: Director
Salary Range: $85,000
Willing to Relocate
Primary Skills/Experience:
See Resume
Educational Background:
See Resume
Job History / Details:
JEFFREY P. CHANDLER
691 E. Union Pines Ctr. Phone: 801-***-****
Salt Lake City, UT 84047 email: *********@********.***
FINANCIAL AND OPERATIONS MANAGEMENT LEADER
Experienced financial and operations manager with strong skills in cash management, debt restructuring, financial due diligence, investment planning, business development, purchasing and inventory control. Highly effective leader in both growth and turnaround environments. Representative accomplishments include:
* Financial Due Diligence -- Worked with a leading dairy/home delivery business to recover from $3 million fraud committed by former employee. Negotiated with government agencies (IRS, USDA) in to reach settlements of back taxes and penalties. Identified and negotiated with potential new lenders and equity investors to restructure company.
* Investment Planning -- Developed and implemented a plan that helped a home health care agency to survive and prosper during changes in Medicare re-imbursement. Recovered $200,000 in Medicare funds withheld due to audit. Devised strategy for expansion into management of assisted living facilities.
* Turnaround Strategy - Implemented the turnaround of a struggling plastics company and a leveraged buy-out. Won concessions and support of bankers, suppliers and customers. Obtained $100,000 Line of Credit while converting $300,000 Account Payable to Note that was successfully paid off. Negotiated the profitable sale of the largest product line. Developed new marketing and business strategies.
* Growth Strategy -- Developed and implemented cash management, purchasing, accounting and employee benefits functions to support the rapid growth of a restaurant organization, capital equipment manufacturer, fashion apparel company and ski resort among others.
BUSINESS CONSULTING Chandler & Associates, LLC
Formed company to work with small and midsize businesses to help them accomplish their start-up goals or meet the challenges they faced as small businesses. Among the services provided to client:
* Interim Management Roles
* Crisis Management/Restructuring
* Debt and Equity Sourcing
* Financial, Organizational and Operational Reviews
* Profitability analysis
* Strategic Planning and Implementation
* Development of Company Policies and Procedures, including Human Resource Policies
* Employee Recruitment
* Development of Employee Benefit Programs
Industries consulted with have included:
* Automotive Sales Organization
* Bakeries, Wholesale and Retail
* Contract Manufacturing
* Custom Manufacturing
* Dairy Farms/ Fluid Processing Operations/Retail Food Home Delivery
* Extractive Industries
* Fast Food Distribution Systems
* Heavy Industrial Manufacturing
* Medical/Dental Supply Manufacturers
* Mortgage Banking/Real Estate
* Network Marketing
* Newspaper, Radio and Television Organizations
* Ski Resorts
* Women`s Fashion apparel/Identity Apparel
AUDIT MANAGER Anderson, Petersen & Co.
Responsible for the management of financial audits of firm`s largest clients. In addition worked with clients to reconstruct financial records in preparation for meetings with IRS.
VICE PRESIDENT - FINANCE & ADMINISTRATION/CFO Aim Plastics, Inc.
Retained as a Consultant at a time when the Company was near bankruptcy. Named Vice President of Finance and Administration/CFO one month after joining Company.
* Devised plan with only supplier in the world of company`s raw material to continue supplying company even though they were ninety days in arrears in paying supplier.
* Negotiated financing package combining bank debt and leases to enable company to acquire additional equipment and double production capacity.
* Put together financing package including an SBA loan to buy out largest shareholder.
* Introduced the company`s first budgeting and cost systems. Wrote the first employee and safety manuals. Established formal policies and procedures.
* Responsible for all aspects of management of 100 person, 24 hour/7 day per week manufacturing operation. Responsibilities included production scheduling, purchasing, overseeing seven manufacturing departments and complete upgrade of manufacturing operation to increase production in excess of 125%.
* When larger more established competitors entered the company`s markets making it impossible to compete, negotiated the sale of company`s largest product line to a competitor. Oversaw the change in the company`s marketing strategy and downsizing.
CHIEF FINANCIAL OFFICER Gilomen Co.
Oversaw all accounting and financial aspects of this diversified investment company. Company holdings included real estate in Phoenix and Sedona, Arizona, restaurants in Park City and Salt Lake City Utah as well as Sedona, Arizona, a ski resort in Park City Utah, a shopping center development in Sedona, Arizona, a ladies apparel firm in Los Angeles California, and a plastic packaging manufacturer in Sandy Utah.
* Implemented operating budgets for all entities and monitored plan to actual.
* Arranged local operating financing for all company divisions.
* Developed leasing program allowing ski resort to lease major pieces of equipment needed for its operations.
* Secured funding and oversaw construction of 2500 seat amphitheatre at base of ski resort.
CONTROLLER Industrial Filter and Pump Manufacturing Co. Joined this 300-employee manufacturer of filtration, water treatment and corrosion test equipment and pumps as Controller. Reporting directly to the President, was responsible for all accounting and treasury functions as well as employee benefits, risk management, purchasing and special projects.
* Implemented a cash management system that increased investable funds by $500,000 and investment income by $100,000. Re-directed investment strategy keeping investment income constant despite a 40% drop in invest able funds due to stockholder redemption.
* Replaced over-funded defined benefit pension plan with a 401(k) incentive savings and profit sharing plan. Upon termination of the old plan, credited participants with twice the present value of their accrued benefits with 45% of the terminated funds assets being returned to the company.
* Cut the cost of employee health benefits by 30% without diminishing coverage by using non-traditional funding mechanisms.
* Formalized purchasing procedures. Instituted a vendor review program. Computerized inventory records.
Career began in public accounting. Employed by Selden, Fox and Associates, CPA, Oak Brook, Illinois, as a Senior Accountant, and as Junior Accountant by Wolf & Company, Chicago, Illinois.
ADDITIONAL INFORMATION
Bachelor of Science in Accountancy...Northern Illinois University...1976
Passed CPA exam in State of Illinois and received CPA license from State of Illinois.