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CFO

Location:
Lexington, SC
Salary:
150,000
Posted:
July 25, 2018

Contact this candidate

Resume:

MICHAEL BRYANT, CMA, MBA

Email: ************@*****.***

Cell: 803-***-****

Summary

Senior level executive offering outstanding communication and cross-cultural team management skills.

High-energy, results-oriented leader with an entrepreneurial attitude. I am committed to the cost effective

management of resources and building high performance teams focused on delivering on the promises

to customers and stakeholders.

Skills

Business Transformation Executive Budgetary Control

Multimillion-dollar P&L Management Negotiations Expert

Supply Chain Management Creative Problem Resolution

Sarbanes Oxley compliance SAP, Hyperion, MS Office

Risk Management Executive Team Building & Leadership

Experience

CONSULTANT – Director of Finance 12/2017 to 05/2018

Thermo Fisher Scientific Inc. Florence, SC

Performed post acquisition work to identify and value assets, review depreciation adjustments and integrate into fixed asset ledgers; Worked on month-end close process documentation, controls, and efficiencies; Identified unbilled stability contract of $800,000 and issued invoices to customers; Developed and implemented a cycle count program for inventory and integrated the process into the existing software ensuring capability of transactional integrity and to optimize functionality; Made recommendations for improved SOX controls for fixed asset handling and inventory adjustments

Chief Financial Officer 03/2014 to 09/2017

Weylchem US Inc / Int'l Chemical Investors Elgin, SC

Manage financial and supply chain organizations of seven legal entities reducing fixed costs by 33% improving

profitability and cash flow; Worked through Board to realign sales strategy to pursue new markets with higher

margin products; Obtained financing and managed large capital investment project to create new start-up

company; Developed KPI reporting; Redesigned the risk management and disaster recovery programs reducing

insurance costs by 50%, Redesigned employee benefit plans to increase benefits while lowering costs 60%,

Reduced inventory shrink by 90%, Restructured sales contracts to include cancellation penalties and recovery of

costs saving $1M annually

Financial Reporting Manager 06/2006 to 03/2014

Allied Air Enterprises West Columbia, SC

Assisted in relocation of company from OH to SC; Managed all financial reporting, accounting and credit services,

and compliance programs of $400M subsidiary of Lennox International; Prepared Financial Statements for

corporate consolidation and treasury, eliminated bad debt and recovered $1M in AR previously written-off;

Finance liaison to Director of Supply Chain & Logistics to manage project of establishing a Midwest regional

distribution center with shared warehouse services for multiple manufacturing sites; Established new processes

and control systems that detected and eliminated product theft; Developed new sales compensation system with

Directors of HR & Sales; Teamed with VP of Marketing to implement Salesforce CRM

VP of Finance 05/2005 to 06/2006

Nevamar Hampton, SC

Corporate Officer with complete oversight of Finance organization for private equity owner; Direct responsibility

for improving cost structure and operational performance of largest manufacturing site; Restructured process

flows and costing systems to eliminate bottlenecks, identify under-utilized equipment, and realign labor resources

cutting daily late line items from over 3,000 to less than 10; Generated financial package to assist in sale of

business 1 year later for 10 times original purchase price

Regional Business Consultant 03/2003 to 05/2005

Self-employed Rock Hill, SC

Private consulting practice - Major clients & projects

Rausch Industries - Worked with private equity CEO to transition company from a manufacturer to a purchased product wholesaler by redesigning financial structure and supply chain operations

Flash Technology (SPX) - Restored integrity and sustainability to the inventory control and product procurement

systems eliminating stockouts and 6-month AP backlog; Hired replacement Controller and Cost Accounting

Manager

Thyssen Krupp - Performed due diligence field work and asset valuation services for an acquisition of a $20M

steel processing facility; Calculated expected ROI and evaluated lease / buy options resulting in a straight

purchase agreement with a 1-year payback

Controller 08/2000 to 02/2003

Superior Essex Chester, SC

Managed accounting, IT, and materials management for $250M manufacturer; Developed 20 KPIs to aid in

driving the facility from "worst" to "first" among 6 manufacturing sites; Implemented process controls on scrap to

reduce cost $7M annually; Reduced shrink from $600k annually to <$5K

Controller / Acting President 02/1993 to 02/2000

Metal Distributors Inc. Columbia, SC

Managed all warehouse and financial services activities for family owned distributor of specialty metals; Assumed

responsibility for total operation upon death of President (owner); Generated 50% revenue growth by providing

new services and establishing new product lines; Reversed trend of losses and achieved 10% EBITDA and 20%

debt reduction in first year; Developed international trading partners lowering costs by 15%; Transitioned the

business to automated inventory and financial systems; Negotiated sale of business for family

Controller 07/1992 to 02/1993

Augusta Fiberglass Coating Inc Blackville, SC

Managed accounting services for $20M tank and piping manufacturer; Negotiated 60 day postponement of asset

seizure by State of Florida on 1st day; Negotiated settlement of $250,000 tax liability for $800; Helped restructure

company by closing Mobile, AL location reducing overall fixed costs by 15%

General Ledger & Financial Reporting Manager 10/1989 to 02/1992

Hon Company Systems Muscatine, IA

Led project to design and install new financial system for $800M office furniture manufacturer and distributor;

Negotiated 30% price reduction on system on 1st day and completed project 6 months early and 10% under

budget; Oversight of all general ledger and accounts payable functions; Responsible for monthly financial

consolidation of 10 manufacturing plants and 5 distribution centers

Corporate Accounting Manager 06/1985 to 09/1989

UARCO Inc. Barrington, IL

Responsible for currency translation and financial consolidation of 12 manufacturing plants and 23 distribution

centers under three different entity structures; Developed cost structure and pricing for 1st national marketing

campaign for pre-approved VISA cards to net company record income

Education and Training

MBA: Accounting / Operations Management 1987

B.S. in Business (Accounting) 1985

Murray State University Murray, KY

Activities and Honors

Institute of Management Accountants (IMA) - Certified Management Accountant 1993-Current

President -IMA Columbia Chapter 1999, 2011



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