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Chief Financial Officer

Location:
Jacksonville, Florida, United States
Salary:
175000
Posted:
October 15, 2018

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Resume:

MATT FENNER

**** ****** **** **, ************, FL 32256

904-***-**** linkedin.com/in/matt-fenner ac7d61@r.postjobfree.com FINANCE EXECUTIVE

Experienced (20+ year), results-oriented financial and operational leader with extensive entrepreneurial and managerial accomplishments in start-up, privately held, and large cap publicly traded settings across a variety of industry verticals (technology, service, retail, conglomerate roll-up)

Strong leadership and team-building abilities; well-documented success in providing sound financial and operational direction

Proven finance and operations acuity; ability to develop systems to integrate reporting, budgeting, and strategic planning to optimize company performance

Supportive leader, committed to leading by example while delegating/guiding appropriately, providing direct reports with both the authority and responsibility of business line ownership

Exceptional analytical and problem-solving abilities

Skilled in effectively articulating (financial results, operational plans, sales proposition, acquisition negotiation) to different levels of audiences

Sound experience with multiple accounting packages, SAP Crystal Reports, Hyperion; advanced Excel

Strategic Planning Banking/Private Equity Financial Analysis/Modeling

Operational Leadership Business Funding ME Book Close

Staff Development Business Acquisition GAAP Compliance

Client Facing/Presentation Due Diligence Vendor Management PROFESSIONAL EXPERIENCE

OCENTURE, LLC 10/2011 – Current

Technology product build company of SAS based private label insurance benefits services Chief Financial Officer

• Serve as a C-level organizational leader and equity partner for this $45 million technology, product-build firm of more than 200 employees/contractors

• Lead the Accounting, Pricing, and Contract Compliance Departments, which includes direct leadership over company Controller, Pricing Team, and Human Resources, along with outside CPA engagement

• Direct all financial functional aspects of the business, which spans across the development and execution of GAAP Compliant accounting policies, cash management, cost containment, banking and merchant processing relationships, collections, and vendor management

• Accountable for the company's financial performance against a Board mandated Operating Cost budget of less than 90% of run-rated year end Revenue, which includes “plan and cut” ownership of any irremediable cost line items throughout the fiscal year

• Own the completion, analysis, and delivery of monthly and year-end financial packages, along with a monthly presentation to Executive Management and quarterly to the Board of Directors

• Oversee all HR functions, which includes performance reviews, hiring, training, production tracking, performance management and discipline

• Involved in the financial modeling, pricing, presentation and negotiation of all contract Revenue opportunities of $250K or more; own the financial impact evaluation and risk mitigation plan

• Partner in the development of contracts to ensure negotiated terms and conditions minimize risk, allowing for favorable revenue recognition and ensuring business case objectives are realized

• In charge of steering company’s product solution set for best affinity fit with a client partner’s product marketing campaigns, its constituent’s needs, and economic model requirements MATT FENNER PAGE 2

Achievements:

• Over tenure, have co-owned Revenue increases of 45% and Operating Income increases of 60%

• Personally own 25% of the incremental Revenue increase, client-facing and securing multiple strategic client partnership wins

• Owned the design/build/delivery of a new company business line. Tasks included vetting and determining manufacturer relationships, building product fulfillment supply chain, designing sales and marketing platforms, back-office work stream flow, and program economic model

• Earned ownership equity interest via employment performance CERTIFIED SECURITY, LLC, now known as VECTOR SECURITY, INC. 3/2005 – 10/2011 Commercial and New Construction Alarm/Fire Security Application Integrator and Monitoring provider Chief Operating & Financial Officer/Principal

• Served as a C-level organizational leader and equity partner for this multi-state Security Application Integrator with more than 125 employees, which ranked as the country’s 45th largest security company at its point-of-sale to Vector Security, Inc. (5th largest)

• At point-of-sale, company was generating $35 million in new Installation Revenue, along with $495,000 of Monthly Recurring Revenue (MRR)

• Oversaw the negotiation and sale of the company to Vector Security, which achieved a multiple sale price of 51X MRR – the industry’s highest multiple sale value that year

• Owned direct leadership responsibility for 80% of the company’s employee base, which included all Administrative, Accounting, Human Resources, Installation, and Service Departments

• Directed all operational and administrative aspects of the business, which spanned across all back office staffing responsibilities, installation and service technician fulfillment work, parts inventory/control, and operating facilities management

• Directed all financial functional aspects of the business, which spanned across the development and execution of GAAP Compliant accounting policies, cash management, cost containment, banking and merchant processing relationships, collections, and parts vendor management

• Owned the completion, analysis, and delivery of a monthly financial package, along with a monthly presentation to Executive Management

• Oversaw all HR functions, which included performance reviews, hiring, training, production tracking, performance management and discipline

Achievements:

• Negotiated/Closed one of the industry’s highest multiple valuation sales (51X)

• Co-led an organization that supported more than 20,000 commercial and new construction clients

• Sustained higher-than-industry Operating Profit performances over company life span

• Helped win multiple large deal capture sales, including one eclipsing $700,000 in Revenue

• Led an organization that consistently maintained 96% Customer SLA and an A+ BBB Rating

• Earned ownership equity interest via employment performance CONVERGYS CORPORATION 2/2001 – 3/2005

World leader in Customer Experience Support & Business Processing Outsourcing (BPO) Senior Finance Executive

• Served as financial leader for the company’s largest business unit, Wireless Telecom, which employed 17,000 employees and generated $800 million in annual Revenue

• Directed a 17-member accounting and financial analyst team that owned month-end book close exercises, investment company analyst inquiries, and contract modeling/pricing

• Directed all financial functional aspects of the business unit, which spanned across execution of company mandated accounting policies, Income Statement forecasting and budgeting, cost containment, vendor management, and annual CPA audit exercise engagements MATT FENNER PAGE 3

• Effectively managed and mentored direct reports, resulting in several team members earning Director level promotions

• Oversaw global capital planning and fixed asset accounting of more than $100 million annually; served as key advisor with senior executives on this decision process

• Owned the completion, analysis, and delivery of monthly and quarterly financial packages, along with a monthly presentation to business unit Executive Management and quarterly to Corporate Leadership

• Performed due diligence and negotiations for multiple acquisitions and emerging market opportunities Achievements:

• Earned multiple “Continuous Improvement” Awards for leadership of corporate initiatives

• Drove $25 million in margin improvement performance above planned margin outlook by developing and launching a highly successful Efficiency Performance/Reporting Program

• Financially led the development and launch of the Personal Services (PSO) business unit

• Eliminated Billing Yield errors of more than $11 million by migrating 20 decentralized billing platforms to a centralized platform

• Co-managed and client-faced in multiple sales negotiations that averaged $50+ million in contract Revenue

Additional Notable Professional Experience:

• Extensive work experience in corporate Accounting and M&A activity with Republic Industries, Inc. now known as AutoNation, Inc. ($10B Revenue), worked directly for Wayne Huizenga during 3-year tenure

• Public Accounting experience (audit/financial planning) with Smoak, Davis and Nixon, C.P.A.s EDUCATION

UNIVERSITY OF NORTH FLORIDA

Master of Business Administration – Finance/Accounting Bachelor of Business Administration – Accounting

• University of North Florida Full Academic Scholarship

• Phi Theta Kappa Honor Society

• Dean's List Honors

• Uniform Certified Public Accountant Examination (inactive)



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