JAMES R. BRAUN
**** ******** **** ***** ** *****
**********@*****.***
Chief Financial Officer
PROFESSIONAL SUMMARY
Highly accomplished, result-driven senior accounting and financial management executive with more than 30 years of progressive experience in financial and operations management within start-ups to global $475 million organizations. Strong service and manufacturing experience. Demonstrated ability to streamline business operations and increase efficiency and bottom line profits. Strong qualification in developing and implementing financial controls and processes in addition to productivity improvements and change management. Possesses solid leadership, communication and interpersonal skills to establish rapport with all levels of staff and management.
CORE QUALIFICATIONS
- Accounting and Financial Management.
- SEC compliance reporting including Sarbanes-Oxley
- IPO, M&A, & Investor Relations
- Cash Management and Debt Covenant Compliance in leveraged environments
- IT Conversions and Financial Software Implementation
- Business Planning, Forecasting, Analysis and Reporting
- Strong Interpersonal and Leadership Skills
- Global Operations Efficiencies
PROFESSIONAL EXPERIENCE
CP Homes LLC
Chief Financial Officer, 2013 – February 2017
- Responsible for all financial, tax, human resource and cash management functions of a startup Assisted Living Facility construction and resident management Company.
- Ongoing responsibility for installation of an ERP computer system and financial software implementation-Sage 100.
Bergensons Property Services, Inc.
Chief Financial Officer, 2009 – 2012
- Successfully led due diligence process that resulted in sale of this private equity owned Company. After transaction was completed was Chief Integration Officer of combined companies.
- Responsible for all financial, tax, human resource and cash management functions of a $120 million janitorial service company with operations in the USA.
-Renegotiated $14 million senior and subordinated debt resulting in substantial improvement in borrowing availability.
Charles & Colvard LTD
VP-Finance, Chief Financial Officer, Treasurer and Secretary, 2001 – 2008
- Responsible for all financial, tax, IT, investor relations, SEC, SOX compliance, human resource and cash management functions of a public (NASDAQ-CTHR) manufacturing company with operations in the USA and Hong Kong.
- Numerous investor presentations at both investor conferences and non-deal road shows.
Webcraft Inc.
Executive VP-Finance and Chief Financial Officer, 1997 – 2000
- Responsible for all financial, tax, and cash management functions of a $475 million, 2000 employee, manufacturing and data base Company specializing in direct marketing with operations in the USA and England.
- Negotiated acquisition and divestiture of several international and domestic subsidiaries.
- Initiated and managed a $6.5 million cost reduction program including plant closings and administrative consolidations.
- Ongoing responsibility for a $10 million conversion of Company’s computer system to a SAP software environment.
Smith Technology, Inc.
Vice President and Treasurer, 1997
- Obtained three bank proposals to restructure this financially unstable company’s $30 million of bank debt. The Board of Directors decided to liquidate the company. Was hired by Bank Debtor to administer liquidation of the Company.
Safeguard Business Systems, Inc.
Executive VP-Finance and Chief Financial Officer, 1988 – 1997
- Responsible for all financial, tax, IT and cash management functions of a $210 million SEC reporting highly leveraged manufacturing and distribution, 1500 employee, Company with operations in the USA Canada and England.
- Responsible for IT computer conversion and complete system redesign from IBM 3081 Mainframe to IBM AS400 environment. A $ 5.5 million project.
- Renegotiated $ 240 million senior and subordinated debt. Resulted in reducing company debt by $100 million.
- Closely managed cash flow and debt covenants of this highly leveraged Drexel Burnham LBO.
- Negotiated acquisition and divestiture of several international and domestic subsidiaries
- Initiated and managed cost reduction activities including: plant closing, plant and administration consolidations and accounting system computerization.
General Devices Inc.
Vice President, 1984 – 1988
- Responsible for all financial, tax, and cash management functions of a $65 million publically held diversified holding company.
- Coordinated all activities of a successful sale of a subsidiary through an initial public offering including: underwriter negotiations, registration statement preparations and liaison with SEC and underwriter counsel.
Touche Ross & Co. (Deloitte)
Audit Manager, 1975 – 1984
- Responsible for concurrently managing multiple audit engagements for clients in manufacturing, agri-business, oil and gas, retail, apparel and health care.
- Participated in a rotation program for a select group of managers assigned to national office. Program involved consulted and advised partners on sensitive and complex technical problems.
EDUCATION & CERTIFICATIONS
Bachelor of Science - Accounting – Villanova University (1975), Magna Cum Laude
Certified Public Accountant
American Institute of Certified Public Accountants
Pennsylvania Institute of Certified Public Accountants