Ole Skifter

Email: abqn2v@r.postjobfree.com

Address: ***** ****** ****

City: Oakdale

State: CA

Zip: 95361

Country: USA

Phone: 209-***-****

Skill Level: Director

Salary Range: $120,000

Willing to Relocate

Primary Skills/Experience:

See Resume

Educational Background:

See Resume

Job History / Details:

OLE SKIFTER

Oakdale, CA

209-***-****

abqn2v@r.postjobfree.com

SUMMARY OF QUALIFICATIONS

Accomplished and results-driven operations and financial professional with exceptional communication skills and an extensive background in the following broad-based competencies:

Banking Relationships

Investor Relations

Corporate Acquisitions

Strategic Planning Project Management

Commercial Real Estate Development

Finance & Accounting

Land Acquisition

Automotive Franchise Applications

Auto Dealership Management

Auto Dealership Assets Buy/Sell Transactions

Auto Dealership Start-ups

Auto Dealership Liquidations

Auto dealership Relocations & Consolidations

Demonstrated ability to streamline operations to

increase productivity and company profit.

Proven experience implementing internal accounting

controls and procedures.

Experienced preparing Prospectuses and Business Plans for

raising capital from banks and investors.

Excellent qualifications in strategic planning with

comprehensive knowledge of management,organizational

development,team building and project execution.

Successful long-term team member with extensive

administrative, accounting and operational

background in multiple industries.

Proficient using Microsoft Word and Excel.

PROFESSIONAL EXPERIENCE

MCCUNE CHRYSLER JEEP DODGE 2009 - 2013

Chief Financial Officer - San Diego, CA

Reorganized the administrative functions of the dealership, replaced the business manager and reduced clerical expense by 75%, and assisted dealer principal in decision to close down 2nd dealership. Drastic expense reduction effort and general management of dealership turned consistent monthly losses into profitability. Implemented strict monetary discipline and cash flow controls, managed limited temporary floor plan with less than adequate working capital. Cleaned up balance sheet, and implemented simplified expense control, HR management, and IT management. Reorganized BDC and related processes to effective CRC.

ALOHA AUTO GROUP LTD 2007 - 2010

Chief Financial Officer - Honolulu, HI

Hired to facilitate accurate and timely financial reporting. Streamlined office operations, introduced efficient cash

management reporting identifying significant excess cash. Installed operational and financial controls for 5 separate locations on 3 different islands.

Implemented improved accounting systems including internal controls, policy and procedures manuals, credit and collection systems, and year-end closing procedures.

Negotiated credit facilities exceeding $15 million with major regional bank.

Recruit, train and mentor Business & Office Manager and staff.

Develop consolidated Daily Doc, Contracts in Transit log, Daily Bank Balance & Floor Plan utilization reports and regular review process of all accounting schedules

Reduced Contracts in Transit time, High Pay Off amounts, and improved lien pay off process.

Review financial statements for accuracy and integrity of data.

TOWBIN AUTOMOTIVE ENTERPRISES 2005 - 2006

Group Controller - Las Vegas, Nevada

Hired to facilitate accurate and timely financial reporting. De-centralized business office into 2 separate offices based on DMS platforms, and de-merged general ledger. Installed operational and financial controls for 5

dealerships and supervised daily operations of 5 offices.

Implemented improved accounting systems including internal controls, policy and procedures manuals, credit and collection systems, and year-end closing procedures.

Established and obtained working capital requirements for each profit center, providing complete guidelines for cash management, inventories and receivables.

Negotiated credit facilities exceeding $125 million with 2 major national banks.

Train and mentor Business & Office Manager and staff.

Develop consolidated Daily Doc, Contracts in Transit log, Daily Bank Balance & Floor Plan utilization reports and regular review process of all accounting schedules

Reduced Contracts in Transit time, High Pay Off amounts, and improved lien pay off process.

Review financial statements for accuracy and integrity of data.

SELMA AUTO MALL 2003-2005

Controller - Selma, California

Hired to consolidate 3 separate business offices into one managed unit with 20 employees. Installed operational and

financial controls for auto mall consisting of 4 dealership facilities, with 9 franchises, 5 individual general ledgers and 3 legal corporate identities.

Implemented improved accounting systems including internal controls, policy and procedures manuals, credit and collection systems, and year-end closing procedures.

Established and obtained working capital requirements for each profit center, providing complete guidelines for cash management, inventories and receivables.

Train and mentor Business & Office Manager and staff.

Develop consolidated Daily Doc, Contracts in Transit log, Daily Bank Balance & Floor Plan utilization reports and regular review process of all accounting schedules

Reduced Contracts in Transit time, High Pay Off amounts, and improved lien pay off process.

Review financial statements for accuracy and integrity of data.

AUTOFOCUS INCORPORATED

Chief Operating Officer / AutoFocus, Incorporated - San Jose, California 2000 - 2002

Earned promotion through increasingly responsible positions to magnify corporate revenue through effective

management of all operational and financial duties including lease negotiation, project development and new business expansion for a $300 million company providing management to Automobile Division of Brassfield Enterprises. Supervised a staff of 40 including Controllers, Human Resource Director, office managers, and accounting and clerical employees.

Negotiated and obtained financing for $40 million corporate debt restructuring.

Implemented improved accounting systems including internal controls, policy and procedures manuals, credit and collection systems, and year-end closing procedures.

Established and obtained working capital requirements for each profit center, providing complete guidelines for cash management, inventories and receivables.

Successfully engineered all core business processes throughout organization, including development of Information Technology systems, achieving long-term improvements in cost saving, profitability and productivity.

Accelerated total revenue and gross profits from sub-industry standards to leading edge standards through effective team building and leadership, new business development and competitive market positioning.

Chief Financial Officer / AutoFocus, Incorporated - San Jose, California 1995 - 2000

Chosen to improve gross profit deficiencies through coordination of financial and operational audits for consolidation of select group of automobile and boat dealerships, including Dodge, Chrysler, Honda, Hyundai, Jeep

and Toyota with annual sales exceeding $300 million.

Transitioned group from individual sub-s corporations to consolidated c-corporation structure through utilization of aggressive audit and cash management programs, corporate development and strategic financial planning.

Negotiated financial, legal and contractual terms with bankers, vendors and dealership management, establishing financial benchmarks for operations, profitability and returns on investments.

Financial Controller / Brassfield Enterprises (Holding Company of AutoFocus) - Los Gatos, Ca 1989 - 1995

Recruited due to outstanding organizational and financial skills to aggressively evaluate acquisition opportunities in

the automotive, marine and related car wash industries.

* Gained extensive exposure to all facets of business including marketing and acquisition planning, human resources, inventory valuation and implementation of financial and operational systems.

Performed financial analysis of new investments and potential acquisitions including Capitol Nissan and

Capitol Toyota.

Provide guidance and leadership to staff including Staff Accountant and Accounting Clerks, ensuring complete and full understanding of policies and procedures.

EDUCATION

THE EAST ASIATIC COMPANY, LTD.

Copenhagen, Denmark

* Completed Internal Management Course; Classified by US

immigration authorities as equal to Bachelors Degree in

Administration.

* Completed Vocational Training School; equal to Bachelor

of Science Degree

THE ROYAL DANISH NAVY

Denmark

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