SEAN O. HERBOLD
512-***-**** *******@*******.*** 15714
Tenbury, Houston, TX 77040
Financial executive experienced in various environment with proven ability
to analyze and recommend solutions to improve processes, operational
efficiency and bottom line profitability. Strong ability to immediately
contribute at the decision making level. P&L focused business leader who
is tenacious, wise and persistent. Thrive in a fast paced environment and
able to make tough decisions without hesitation.
Accomplishments
. Developed and implemented new budget, forecasting and cash flow models
at Bellar
. Developed new product costing and reduced operations overhead by 27%
at Fahrenheit
. Reduced production span by 11 days while improving customer
satisfaction ratings from worst in company to top 25% at Anthony &
Sylvan
. Exceeded CitiCards' targeted profitability by 21% in first year
Key Skills
Budgeting, Forecasting, Financial Analysis/Modeling, Monthly/Annual Close,
Consolidations, Reconciliation, Cash Flow, Fixed Assets, Cost Accounting,
AP/AR, Inventory Management
Education
MBA, University of Notre Dame
BBA, St. Edwards's University, Finance & Management
CAREER HISTORY
Controller, Bellar Pools
2012 to Present
Residential and commercial swimming pool construction. Direct and oversee
all financial activities. Lead annual corporate and individual project
budgeting. Forecast monthly performance and provide variance analysis,
produce standard and ad-hoc reporting at corporate, line of business and
project levels. Manage accounting close process, reconciliations, produce
all financial statements, payroll, state and federal taxes (corporate,
sales and use, franchise, and payroll), and prepare for external audit for
multiple entity company. Currently working to automate and stream line
purchasing and AP to have real time approval and eliminate paper driven
process. Manage billing and collections, including AIA. Develop
recommendations and implement actions to create cost savings/profitability.
Developed and implemented new purchasing and inventory management
processes. Manage all business and professional insurance policies and
employee benefit programs.
Controller, Fahrenheit Nutrition Group
2010 to 2012
Nutrition supplement manufacturing. Responsible for all financial
functions including planning, budgeting, forecasting, financial analysis,
accounting (reporting, reconciliation, state and federal corporate taxes,
fixed assets, cost, multiple entity consolidations, and payroll),
professional insurance and human resources. Developed and implemented new
product costing, forecasting, cash flow and budget models. Developed new
investor business plan and presentation. Led conversion to new accounting
system and inventory management software. Streamlined operating procedures
and manufacturing processes to reduce costs, improve profitability and
implement new GMP initiatives.
General Manager, Blue Haven Pools & Spas
2010 to 2010
Residential and commercial swimming pool construction. Led the Houston
market with multiple store locations, construction, marketing, service and
operations functions that built up to 400 custom gunite swimming pools.
Developed and implemented job costing and new technology initiatives.
Improved per unit profitability by 19% through process improvement,
subcontractor/supplier negotiations and sourcing.
Director of Operations, Anthony & Sylvan Pools
2007 to 2010
Residential swimming pool construction. Turned around struggling
construction operation by reducing leakage by 60% and decreasing span by 11
days. Put cost controls in place, implemented paced production and LEAN
construction initiatives. Reduced annual shrink from 18% to .78% through
new purchasing and inventory control processes. Led all construction and
operations group of 18 people that built 500+ projects per year. Developed
annual budget and led quarterly/annual budget meeting with CEO and
President. Responsible for division profitability. Completed monthly
project and accounting reconciliation, accruals and closing entries.
Purchased all equipment and supplies for Texas division. Reduced leakage
through establishing controls and standards and decreasing span by
continuously improving processes.
Store Team Leader (General Manager), Target Corporation
2006 to 2007
Full P&L and leadership responsibility for $26M location with 125
employees. Delivered 14% increase in holiday sales through merchandising
and customer service initiatives. Worked on two new store openings.
General Manager, The Home Depot
2002 to 2006
Deliver $45M sales with a staff of 125 employees. Full P&L responsibility.
Led opening of new store, exceeding targeted first month's and first
year's sales plan. Assigned to store while it was still under
construction. Hired management staff of 20 in three weeks. Led and drove
productivity of staff through five-week process opening new store without
incident. Kept preopening expenses $85K under budget. Responsible for
purchasing whole store inventory and merchandise stock levels. Worked on
corporate strategic initiative to drive web based revenue. Graduate of
Leadership Program.
Financial Analyst II, Citi Group (CitiCards division)
1999 to 2001
Selected to be first planning and control analyst to manage Citi Group's
newly acquired credit card portfolio and exceeded targeted profitability by
21% in first year. Created and presented financial forecasts and business
plans for portfolio with over $260M in receivables to President. Developed
ad-hoc and recurring financial reports and planning models to meet rapidly
changing deadlines. Directed marketing effectiveness by working closely
with Marketing and Risk Management to identify unique target segments to
expand card holder base and transaction volume. Managed client's $40M+
annual cost center in on-site consulting role. Reduced cost by $500K and
improved operational efficiency by implementing first paperless ac-counts
payable process. Extensive analysis to optimize expense and revenue
initiatives and tax saving/compliance strategies.
HR Administrator, PSW Technologies
1996 to 1999
$25M software consulting firm. Responsible for all operations and
administration budgeting process and quarterly reviews. Administered
401(K) program. Directed investment committee meetings and led two 401(K)
conversions. Implemented matching program, resulting in 86% participation.