DAVID W. GRIMES

cell: 260-***-**** email: ac8ive@r.postjobfree.com

Summary: Experienced operations-oriented financial executive with wide-ranging background in small and large, public and private companies with international operations. Identifies and solves problems that impede a company’s success through profitability analysis and improved systems and information flow, with an emphasis on developing teams and team members. Possesses rare ability to develop strategy and monitor the important details.

CRAWFORD GROUP (2013 - 2018) LAS VEGAS, NEVADA

Privately held group of affiliated companies consisting of the 57-store Green Valley Grocery convenience store chain, Shell Oil fuel distributor, gaming machine slot route operator, and real estate companies.

Chief Financial Officer. Responsible for accounting, financing relationships, acquisition modeling, cash management, tax planning and compliance, risk management, budgeting, and real estate leases as well as information technology and human resources.

- Refinanced primary loan and three site specific loans on more favorable terms including use of a well -timed interest rate swap. Secured eight new loans, which enabled store acquisitions and a term loan enabling $400,000 in annual fuel cost savings through improved terms with Shell

- Developed net present value (NPV) based model for acquisitions and other significant capital purchases

- Implemented improved reporting and profitability analysis resulting in quicker financial closes, improved fuel and merchandise margins, and lower operating and administrative costs

GUNTHER ADVISORS LLC (2012 - present) HENDERSON, NEVADA

Principal. Founded consulting company to provide financial advice to organization focusing on companies facing financial challenges. Services include strategic planning, profitability analysis and improvement, cash management planning, organizational effectiveness assessments, and interim CFO services.

RESOURCES GLOBAL PROFESSIONALS (2010 - 2012) LAS VEGAS, NEVADA

Consultant. Valuation analysis for impairment testing, business interruption insurance claim modeling, insurance renewal valuation analysis and validation, and drafting a Form 10-Q involving fresh-start accounting. Assisted with Form 10-Q preparation for casino company. Assisted with Form 10-K preparation for casino/hotel company.

GAMING PARTNERS INTERNATIONAL CORP (2006 - 2010) LAS VEGAS, NEVADA

Publically traded (NASDAQ:GPIC), $60 million manufacturer of table game supplies to casinos worldwide with subsidiaries in Mexico and France.

Chief Financial Officer and Treasurer. Responsible for SEC filings and SOX implementation as well as accounting, finance, cash management, investor relations, tax planning and compliance, risk management, product costing, and budgeting. Eliminated two material weaknesses. Upgraded and integrated managerial and financial accounting systems worldwide in order to provide timely and accurate information. Reduced overhead costs, including professional fees, insurance, and telecommunications.

ARTEMIS INTERNATIONAL, INC. (1998 - 2006) FORT WAYNE, INDIANA

Privately held start-up supplying specialized fruit products such as concentrates, natural colors, and standardized extracts to the food and dietary supplement industries.

Vice President. Developed strategy to secure competitive advantage through sourcing arrangements and superior customer service. Implemented business systems in accounting, inventory, human resources and logistics. Responsible for juice concentrate and natural color sales as well as logistics, finance and administration.

WATERFURNACE RENEWABLE ENERGY, INC. (1995-1998) FORT WAYNE, INDIANA

Publicly traded (Toronto Stock Exchange), US$35 million manufacturer of water-source heat pumps.

President and CEO. Responsible for all aspects of the parent company and three subsidiaries (manufacturing, distribution, and ground loop installation). Responsibilities included strategic planning, North American sales, international sales, marketing, engineering, product development, accounting, finance, materials, manufacturing, distribution, and information systems as well as promoting the industry and its technology by working with trade groups, government agencies (DOE and EPA), and electric utilities. Accomplishments include:

- Raised profitability from $154,000 to $1.2 million on a 13% increase in annual sales;

- Restructured sales force to improve service to different channels of distribution;

- Developed international sales network which resulted in the largest order in company history;

- Instituted cross-functional phase review program to evaluate and track product development;

- Selected and implemented an Enterprise Resource Planning (ERP) system on time and under budget.

Chief Financial Officer. Responsible for investor relations, regulatory reporting requirements, accounting, financial analysis, financing relationships, management information systems, telecommunications, risk management, and legal matters. Also responsible for purchasing, planning/scheduling, and inventory control. Specific accomplishments include:

- Implemented rigorous cost cutting and cost review program which played a significant role in reversing a $1.7 million loss to a $154 thousand profit;

- Created a consolidated business plan by implementing budgeting process;

- Decreased inventory levels by 16% while improving lead times and customer service.

PATTON ELECTRIC COMPANY, INC. (1988-1995) NEW HAVEN, INDIANA

Manufacturer of fans, portable heaters and humidifiers for the consumer and industrial markets.

Treasurer and Chief Financial Officer. Responsible for accounting, financial analysis, financing relationships, data processing, mergers and acquisitions, telecommunications, risk management, and legal matters. Significant involvement in strategic planning, pricing, inventory control, personnel policies, and employee benefits. Played critical role in Patton's sales growth and 600% increase in profitability. Specific accomplishments include:

- Negotiated new bank loans and refinancing which increased our borrowing capability over 250% and relieved the severe cash shortage that initially existed;

- Changed the data processing department into a service-oriented supplier of ready-to-use information;

- Introduced numerous improvements to our financial controls, especially in the product costing, credit management, and fixed asset areas.

UNISYS CORPORATION (1986-1988) DETROIT, MICHIGAN

Financial Analyst, Systems Manufacturing Group/Pricing and Business Analysis. Consolidated, analyzed, and presented monthly, quarterly, and annual budgets and operating results for four manufacturing units. Analyzed costing for new and existing products. Prepared recommendations to executive management on marketing proposals requesting exceptions to standard pricing and new product release policies. Recommendations required analyzing competitive position, product technology, and financial impact to the corporation.

UNITED STATES ARMY (1981-1984) GARLSTEDT, GERMANY

Field Artillery Officer (Air Assault, Airborne, and Ranger qualified)

- Commanded 40 men and three howitzers in relief of the Berlin Brigade's firing battery - organized transportation, coordinated logistic support, and planned and monitored training.

- Compiled/edited/wrote new tactical standing operating procedures for the battalion.

HARVARD BUSINESS SCHOOL BOSTON, MASSACHUSETTS

Received Master in Business Administration degree in 1986. Summer internship at General Motors Corporation.

UNIVERSITY OF ILLINOIS CHAMPAIGN, ILLINOIS

Received Master of Accounting Science degree and Bachelor of Science in Accountancy with High Honors. Teaching Assistant. Student Fees Advisory Committee member. Beta Alpha Psi. Beta Gamma Sigma.

Additional

Certified Public Accountant (CPA) (inactive)

Turnaround Management Association member and local chapter board member and past president

Financial Executives International member and past chapter president

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