Kevin Moradian
*** ********* **** ******** ** ***23 / 951-***-**** / ac3cuz@r.postjobfree.com
Vice President of Finance Chief Financial Officer
Experienced Financial Executive with proven record of establishing cross-functional partnerships to deliver stellar results. Agile, strategic leader driving operations within a corporate environment including analytics and developing metrics for areas within various entities. Accountable for development of multi-million dollar budgets and leveraging resources to meet profit and operational goals. Particularly adept at streamlining and re-organization.
AREAS OF EXPERTISE
Strategic Planning.
Forecasting / Budgeting
Capital Budgeting
Treasury Management
Cost Accounting Integration
Financial Reporting
Forensic Accounting
AIS Integration
Accounting / GAAP Admin
Governmental Compliance
Departmental Restructuring
Benefit & Incentive Mgmt.
Internal / External Audits
Legal / Insurance / Banking
Contract Negotiation & Integration
Mergers & Acquisitions
PEG Relationships
Due Diligence
Capital Restructuring
Turnarounds
High Growth Implementation
Warranty & Claims
Percentage of Completion
TECHNICAL SKILLS
Great Plains
MAPICS
Sage Master Builder
MS Suite
In-House Specific Software(s)
AFFLIATIONS
FEI – Financial Executives Int.
IMA – Institute of Management Acct.
CAREER HIGHLIGHTS
CFO at Allied West Paper Corp (70M)
Fontana, CA 2010 – 2017
Large, privately held sanitary tissue manufacturer producing products for both commercial and retail markets. Brought in to foster a higher level of financial reporting along with the management of day-to-day administration. Direct oversight of Audit, Banking, Legal, Insurance, Lending, HR and IT needs of entity.
MAJOR ACHIEVEMENTS
+Secured outside financing to fund growth strategies along with acquiring funds for the entities “Tissue Mill Project”.
+Put additional tranches of debt in place in excess $20 million.
+Solidified new relationship with an Audit (CPA) firm for both audit and tax.
+Implemented closing strategies for recognizing expenditures to facilitate more accurate financials.
+Created trended comparative financials for informative analysis of operations.
+Assisted in the move of the company from 256,000 ft to 612,000 ft over a 3 year period.
+Streamlined day-to-day functions thereby increasing the efficiency and flow of responsibilities within the finance department and other administration areas.
+Facilitated as POC on decision making and thus freeing up Principals time to manage other business ventures.
+Integral part of contract procurement and negotiation of ~$17 million in M&E. Acquisition led to 20% increase in capacity coupled with a 20% reduction in direct labor costs due to automation.
+Negotiated RLOC increases in excess $2.5 million to facilitate additional operating capital room.
+Assisted with trust and estate planning needs with legal and tax counsel to ease tax burden and facilitate understanding.
+Go-to individual on potential business ventures.
CFO at Andre Landscape Services, Inc. ($20 Million)
Azusa, CA 2008 - 2009
Mid-size, privately held landscape contractor operating in the markets of construction, maintenance and arbor care.
+Upgraded financial reporting systems and implemented growth strategies to move from construction revenue based company to maintenance and arbor care focused revenue stream.
+Audited financials and implemented processes to furnish quality financials.
+Attempted to secure financing to fund growth coupled with the acquisition of a smaller local company.
+Restructured entity from a “C-Corp” to an “S-Corp”.
+Evaluated and streamlined administrative responsibilities throughout organization.
CFO at Alfa Leisure ($50 Million)
Ontario, CA 2007
Southern California manufacturer of high-end recreation vehicles. Hired by the CPA firm representing a private equity group (PEG), to look at turning around the entity, as the company was not performing as expected.
+Responsible for assessing the immediate capital needs and potential restructuring of entity.
CFO / EXECUTIVE VP at SPE Holdings Inc. ($18 Million)
Corona, CA 2002 - 2007
Largest Southern California residential fire sprinkler system installer in new single and multi-family construction serving major national homebuilders.
+Turned $3.5 million of losses to $2 million in profit a year in 18 months.
+Negotiated forbearance agreements to pay down debt and maintain a $2 million line of credit.
+Negotiated vendor agreements for material procurement with favorable operating terms of more than $2 million
+Implemented AIS software changes to obtain accurate financials.
+Facilitated the start-up of 2 new corporations.
+Implemented Claims Management System leading to cost reduction of $250,000.
+Directed merger and sale of three entities with multiples exceeding industry norms.
CFO / EXECUTIVE VP at Monterey Carpets, Inc / Chroma Systems, Inc. ($100 million)
Santa Ana, CA 1994 - 2002
Large international carpet manufacturer serving commercial customers such as Microsoft, Nordstrom’s, Victoria’s Secret, The Limited, Talbot’s and many of the largest architectural and design firms in the nation.
+Restructured manufacturing processes to absorb excess capacity from losses to annual revenue of $20 million.
+Established management reporting systems which fine-tuned information needs of manufacturing processes, financial metrics, and other operational statistics.
+Upgraded inventory control system to track all raw material, WIP and finished goods which saved ~$5 million in material and capacity costs.
+Secured factoring relationship to finance operation and eliminate internal collections dept.
+Established cost accounting systems to report all material (usage/ppv), labor (efficiency/rate), overhead (spending/volume) variances.
+Measured machinery and production labor standards to price products (running line/custom) and ensure profitability.
+Directed the merger and sale of entity which had grown from $20 Million to $100 million since onboarding.
EDUCATION
BACHELOR OF SCIENCE IN BUSINESS ADMINSTRATION: California State University Northridge
Major: Finance with emphasis in Accounting.