SCOTT J. SLOAT CPA

**** ********* ***** **** (T) 423-***-****

Chattanooga TN, 37421 acp23c@r.postjobfree.com (C) 423-***-****

PROFILE

Senior financial executive with 25+ years of experience in leading business and financial operations. Extensive experience in corporate financial governance, Strong business acumen and multi-site and international/BU experience. Adept at raising debt and equity capital, leading accounting functions, and negotiating complex contracts. Excellent problem solving, business, and leadership skills. “Hands-on” leader with executive presence, teamwork and collaboration skills.

Executive Overview

CFO/Controller for Mid-Market private and public firms- $40 M to over $300M.

Multi Business and International Experience-Industrial, Manufacturing, Transportation and Consumer Products.

Business Partner- Partnered with Business Leaders and Boards to drive growth and implement strategy.

Process Improvement-Completed improvement projects and ERP Projects (JD Edwards, Great Plains, Cognos)-$1 million savings.

Cash Management- Improved days outstanding by 20 days-$5M improvement in working capital.

Liquidity- Managed over 10 Equity(public and private), Bond and bank deals totaling over $250M

M&A Execution-Completed and integrated over 10 Domestic and Global M&A transactions totaling over $100M in value.

“Big-4” Public accounting background-CPA

PROFESSIONAL

State of Tennessee-Department of Revenue September 2014- present

Tax Auditor 3

Plan and perform audits of taxpayers. Audits performed on Sales and use tax, business tax and Franchise and excise tax.

Equipment Transport, LLC, Carlisle PA Nov 2012- March 2014

Chief Financial Officer

Responsible for financial accounting, reporting and forecasting for this private equity owned trucking Company that services the oil and gas industry in North America, operating over 100 waste and water trucks, generating over $40 million in revenue.

Hired after private equity investment to improve financial operations and reporting.

Developed first budget.

Selected and implemented new operational and financial systems. Led project from an IT and finance prospective.

Developed financial reporting package and implemented forecasting methodology.

Restructured employee benefit and insurance programs.

Performed due diligence on potential acquisition candidates.

Developed models to evaluate capital expenditure requests.

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RESOURCES GLOBAL PROFESSIONALS, Pittsburgh, PA Feb 2012-Nov 2012

Consultant

Provide contract based consulting and advice to businesses going through transitions, projects or requiring additional support.

Acted as interim CFO for a $40 million subsidiary of a large industrial company. Led effort to revamp cost systems to better explain margin fluctuations.

Implemented medical device excise tax compliance for a division of a large healthcare company.

THE CONAIR GROUP, INC., Cranberry Township, PA 2004-Sept. /2011

Chief Financial Officer

Oversee all corporate financials for world’s largest manufacturer of plastics processing auxiliary equipment, with locations worldwide. Negotiate leases, joint ventures, and property sales. Carry out due diligence on potential acquisitions. Implement process improvements. Manage corporate banking relationships. Improve forecasting and budgeting by designing new processes.

Delivered tax refund of $1.6M by leading R&D tax study to identify credits.

Identified and implemented tax strategy resulting in $20 million deduction.

Successfully negotiated joint ventures in China, India, and the United States.

Saved >$300,000 per year by re-working insurance programs.

Increased financial flexibility by completing private placement of debt and equity.

Completed and integrated two acquisitions and two divestitures.

Restructured business overheads reducing head counts by over 10%.

Successfully restructured foreign subsidiaries due to business challenges.

CHATTEM, INC., Chattanooga, TN 2001 - 2004

Corporate Controller

Directed financial operations for leading manufacturer of branded OTC healthcare products. Oversaw compliance, accounting, SEC filings, tax functions, and bond issuance.

Planned and led successful Sarbanes Oxley (SOX) compliance initiative.

Saved >$1M per year through implementation of international tax planning structures.

Facilitated acquisitions through due diligence and integration management.

Achieved 20 day reduction in A/R days outstanding by redesigning collection procedures.

Managed issuance of $75M in high yield bonds.

Re-implemented the A/R portion of JD Edwards to improve efficiency and reporting,

Implemented Cognos to provide visibility to customer data.

FOUR SEASONS ENVIRONMENTAL, INC., Chattanooga, TN 2000 - 2001

Vice President of Finance

Managed corporate financials for this provider of environmental remediation, consulting, and engineering services.

Increased profitability and accuracy, while minimizing risk, by identifying and resolving legacy issues in accounting and reporting systems.

Assisted with integration activities following acquisition, and coordinated headquarters move from North Carolina to Tennessee.

Managed bank relationship through difficult times.

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CHECK INTO CASH, INC., Cleveland, TN 1998 - 2000

Vice President of Accounting

Oversaw corporate accounting functions for one of nation’s largest pay day loan companies.

Effectively supported company during rapid growth of 30 new locations per month.

Increased efficiency by implementing new ERP system and automated bank reconciliation software

Led design and establishment of new internal control systems.

Successfully prepared and filed S-1 registration statement for IPO.

Implemented Cognos to better monitor store performance.

THE SILVERMAN GROUP, INC., Mount Pleasant, SC 1995 - 1998

Vice President of Finance

Managed corporate financials for large retail consulting firm and provided consulting, liquidation and appraisal services to clients.

Facilitated corporate growth by acquiring new sources of financing to increase credit availability.

Carried out due diligence on potential acquisition and liquidation candidates.

Developed effective turnaround and financial plans for acquisitions and customers.

AMERICAN RECREATION COMPANY, INC., Commack, NY 1993 - 1995

Controller

Managed all financial disciplines for this manufacturer and distributor of bicycles and bicycle parts and accessories.

Managed successful IPO and merger for company.

Established new credit facility with group of five banks.

Improved efficiency by implementing new reporting and controls standards.

BULOVA CORPORATION, Woodside, NY 1989 - 1993

Assistant Controller

Oversaw corporate accounting and SEC reporting for this defense contractor and consumer products distributor.

Improved accuracy and performance by implementing new accounting pronouncements for all divisions and subsidiaries.

Developed and managed company’s product pricing models and policies.

Worked on acquisitions for sister companies.

Touche Ross & Co. (Deloitte & Touche) 1984 - 1989

Audit Manager

Responsible for managing traditional “Big 4” audit and consulting engagements for clients in distribution, manufacturing, financial services and defense contracting.

EDUCATION

BS in Accounting

Long Island University

Dean’s List

LICENSURE & CERTIFICATIONS

Certified Public Accountant - New York State

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