Kathleen Thompson - CPA, MBA

Mobile: 503-***-****

E-Mail: ac8npf@r.postjobfree.com • LinkedIn: https://www.linkedin.com/in/ascentfincons/

CFO – Process Improvement - Strategic Leader – Board Services

Construction - Manufacturing – Distribution – Real Estate Development – E-Commerce - Agriculture

SUMMARY

Experienced CFO with broad knowledge in diversified small to mid-size businesses. Proven track record for success in the areas of strategic and financial planning, analytics, process improvement, mergers & acquisitions, treasury management, accounting, human resources, insurance and risk management, information technology, software implementations, pension management & tax. Team player with ability to communicate at all levels of an organization and develop staff to full potential.

CORE COMPETENCIES

•Team Leader •Contract Review •Excellent Communication Skills

•Financial Planning •Tax and Compliance •Strategic Planning

•Financial Analysis •Banking and Insurance •Human Resources Mgt.

•Financial Reporting •Risk Management •IT Management

•Operations/Process Review • IT Conversions •Collaborative Mgt. Style

•Cash Management •Continuous Improvement

•M & A Experience •Due Diligence

PROFESSIONAL EXPERIENCE

Next Level Building Enterprise Value, Principal August, 2017 – Present

http://nlbev.com/principals/kathy-thompson/

NextLevel is a professional services firm that provides executive and board services on an interim, project and advisory basis, delivering a broad range of strategic, operational and financial management services. Projects have included interim CFO and process improvement for mid size manufacturing and construction companies.

Acumed LLC, Hillsboro, Oregon August 2017 – February 2018

Interim CFO/Controller/Board Services for this international medical device manufacturer and distributor. Reported to CEO, Board and Private Equity Management. Responsible for Financial Reporting and Management, Business Analytics, Budgeting and Process Improvement. Key contributions included identifying problems in international credit procedures, bringing this to board level attention, and developing internal controls to help mitigate the problem. (18 staff)

Ascent Financial Consultants LLC, Principal January 2017 – Present

Independent Consultant doing Interim CFO, Strategic and Financial Planning, Financial Analysis, Process Improvement, HR & Risk Management, Turn-Around, Management Advising and Board Services. Clients include construction, manufacturing, distribution, real estate development, e-commerce, agriculture.

The Zidell Companies, Portland, Oregon

Chief Financial Officer for conglomerate of 43 privately held companies in manufacturing, marine construction, distribution, leasing and real estate development industries.

PROFESSIONAL EXPERIENCE (continued)

Kathleen M. Thompson

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The Zidell Companies, Portland, Oregon (continued)

Treasurer / CFO July 1997 – December 2016

Responsible for the entire range of centralized financial activity for The Zidell Companies including financial planning, analytics, process improvement, mergers & acquisitions, treasury management, accounting, human resources, insurance and risk management, information technology, tax and pension management. Reported directly to CEO & Board. (18 staff)

Hire, lead and oversee a team of professionals with specialties in accounting, human resources, information technology, insurance & risk management and tax.

Negotiate contracts for all areas of finance. Hire outside service vendors.

Manage banking relationships with numerous banks, insurance companies and finance companies.

Develop and maintain treasury management including cash management, on-line banking and related security measures, investments and borrowings.

Develop and improve accounting systems for start-up and acquired companies including accounting procedures, internal controls, reporting and best practices.

Significant experience in inventory costing for manufacturing, distribution, real estate and construction businesses. Oversee overhead applications and changes in overhead rates.

Review and analyze actuarial calculations for general insurance and employee benefits. Provide brokers with guidance for negotiating with insurance companies and benefits providers.

Re-structured companies’ insurance program. Aligned policy renewal dates and computerized renewal data to gain significant efficiencies. Negotiated broker fees from commission based to consulting fee based significantly saving the companies’ broker fees.

Introduced loss control programs, including safety monitoring and return to work programs, which significantly reduced the companies’ general and workers’ comp insurance premiums. Reduced workers comp. experience mod saving 56% in premiums.

Primary support for due diligence work and business valuations related to mergers, acquisitions and divestitures. Largest project related to sale of several manufacturing/distribution companies to Pon Holdings P.V. in The Netherlands. Prepared Scot-Hart-Rodino filing.

Lead member of the Zidell Employees Profit Sharing / 401(k) Plan Administrative Committee which is responsible for quarterly economic review, investment selections, service vendor selections, audit, discrimination testing and ERISA compliance.

Led multiple computer implementations on systems including JDE, Epicor and Viewpoint.

Led a number of successful property tax appeals in Portland, OR and Houston, TX.

Developed a company-wide Wellness Program including annual bio-metric clinics and regular health promotion.

Introduced LIFO accounting for inventory resulting in significant tax benefits. Simultaneously account for inventory on a FIFO (average cost) basis for operational purposes.

Managed legal department for 1 years doing all contract review and all coordination with outside counsel related to cases under appeal.

Managed flood of 1996 including disaster mitigation, damage recovery & claims management.

Supervised inventory control procedures over foreign operations in Canada.

Hedged international inventory purchases using forward contracts in Lire, Yen and Taiwanese $.

Kathleen M. Thompson

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SOFTWARE COMPETENCIES

Proficient in Microsoft Office including Word, Excel, Outlook and PowerPoint; Viewpoint; SAP, Epicor; JD Edwards; Toolbox, Quick Books. Significant experience in software conversions.

EDUCATION

Masters of Business Administration GPA 3.9

University of Portland, AACSB Accredited, On-campus May, 2015

Focus on Strategy and Finance

Bachelor of Science in Business Administration

Oregon State University, AACSB Accredited, On-campus

Concentrations in Accounting and Finance

PROFESSIONAL ORGANIZATIONS / COMMUNITY INVOLVEMENT

Oregon Society of CPAs - American Society of CPAs

Church Administrative Council, Finance & Development Committees, Capital Campaign Chairperson

Zarephath Kitchen and Pantry (non-profit feeding the hungry), Board Member

Judge for University of Portland $100k Challenge Venture Competition funded by Launch Pad (2017)

U.S. Govt. People to People Program, Cuban Relations (2014)

Past Member: OSCPA Real Estate Conference Committee, Centennial School Board - Budget Committee

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