KEVIN SHIOTELIS, CPA

*** **** ******* ******** *******, GA 30076

678-***-**** ad0rap@r.postjobfree.com linkedin.com/in/kshiotelis An accomplished Senior Accounting & Finance Leader with over 20 years of experience managing a broad range of complex financial responsibilities in multiple industries. A hands- on business partner with extensive experience in delivering solutions to meet business challenges and facilitate growth. Experience working at companies that have ranged in revenue from $30M to $170M to $2B including private, public, and private equity owned. KEY EXPERIENCE AREAS INCLUDE:

Financial Due Diligence

Company Acquisitions (Buy & Sell Side)

Company M & A Integrations (Financials & Systems)

Multi-Company Consolidations

Private Equity Firm Relations

Cost Control & Budgeting

Billing & Collections Management

Staff Management

Process Improvement Analysis and Solutions

Sage, Oracle, Hyperion, Kronos, Ceridian

PROFESSIONAL EXPERIENCE

CorTech, LLC, Atlanta, GA (Aug 2020 – March 2023)

A privately held temporary and permanent staffing company with over $300 million in annual revenue and 7,500 employees in the United States, Canada, and Puerto Rico. Chief Financial Officer

• Refinanced all senior and subordinated debt; negotiated new covenants to eliminate a default situation.

• Managed all tax situations in over 40 states, and all international tax issues.

• Redefined and streamlined back-office processes, reducing headcount.

• Lowered aged accounts receivable by 40%, reducing the company's DSO.

• Implemented new ERP system to position the company to double in size.

• Implemented new time and attendance system to better manage employee time and provide insight into client profitability.

• Oversaw all HR functions including hiring process, benefits administration & employee training.

• Oversaw staff of 40 with 8 direct reports in Accounting, Treasury, AP, AR, Billing and HR. ALS Resolvion LLC, Atlanta, GA (Mar 2015 – Feb 2020) A privately held financial services company with over $70 million in annual revenue and 250 employees in three operating centers. In 2014, company merged two independent companies representing $30M of combined annual revenue. ALS Resolvion was acquired by a strategic buyer November 2019.

Chief Financial Officer

• Successfully led company through two sales - first to a Private Equity firm in 2018 at a 9 multiple of TTM EBITDA, then to a strategic buyer in 2019 creating a $150M company.

• Managed all due diligence for both sales of the company.

• After the merger of two independent companies in 2014 (American Lending Solutions and Resolvion), I was brought in to lead a challenging integration of the accounting & finance functions of the 2 companies into 1 consolidated company which became ALS Resolvion.

• Negotiated an amendment with senior lender to cure a covenant break.

• Consolidated cash management, decreasing reliance on revolving line of credit.

• Lowered aged accounts receivable by 60%, reduced the company's DSO to less than 25 days.

• Customized new accounting software to provide better analysis of company operations.

• Streamlined month-end close, reducing from 15 to 6 business days.

• Implemented new time and attendance system to better manage employee time and provide insight into client profitability.

• Created new management reporting structure to bring operating metrics into the company.

• Built-out and moved a 200-person call center.

• Oversaw staff of 25 with 8 direct reports in Accounting, Treasury, AP, AR, Billing, and all HR functions including hiring process, benefits administration & employee training. Convergent Resources, Inc., Atlanta, GA (Mar 2005 – Jan 2015) A privately held accounts receivable management company with 4,000 employees in 10 operating centers in North and Central America. Company grew from $70M to $170M in annual revenues through numerous company acquisitions and organic growth. Chief Financial Officer (2013 to 2015) / Corporate Controller (2005 to 2013)

• Managed the process of selling the company twice - once to a Private Equity firm in 2007, then to a strategic buyer in 2014; the process included setting up data rooms and controlling the flow of information to the potential buyers.

• Convergent Resources completed 5 acquisitions over a 2-year period with companies that ranged from $5M to $25M in annual revenue.

o Brought 3 companies onto systems to complete acquisitions and gained financial control of these companies.

o Consolidated 5 company back-office systems into one platform, designing it for future growth and acquisitions. The systems included each company's HR/payroll, as well as time and attendance systems. o Consolidated the accounts payable function for 5 companies; reduced staff by implementing a system to automate the workflow of payables to eliminate the paper approval process.

o Designed and managed the cash concentration system for 5 companies. Cash was consolidated so debt could be paid down daily; saved a highly leveraged company thousands of dollars in interest expense per year.

• Set up and maintained a medical self-insurance program for 1,500 employees; saved the company over $1M per year in insurance costs.

• Administered back-office software programs, including implementations and upgrades.

• Streamlined global budget process; allowed process to be completed a month earlier each year.

• Had 10 direct reports including accounting manager, staff accountant, financial analysts, AP, and AR staff. Dotted line direct reports included controllers for each subsidiary.

• Utilized Oracle Accounting Software

CBeyond Communications, Inc., Atlanta, GA

Senior Manager, General Accounting (Jun 2002 – Feb 2005) A privately held telecom company with over $100 million in annual sales and offices in 4 states. Mirant, Inc., Atlanta, GA

Senior Financial Analyst (Nov 1998 – Jun 2002)

A $30B energy conglomerate of 75 companies throughout North and South America. Howard/Avista Energy, LLC, Traverse City, MI

Divisional Controller (Dec 1993 – Oct 1998)

A privately held energy trading company that grew from $200M to over $2B in annual sales in 5 years. Company took on Avista Energy as a business/finance partner. Plante & Moran, LLP, Traverse City, MI

Staff Accountant (Jun 1990 – Nov 1993)

The 15th largest CPA firm in the United States.

EDUCATION

Michigan State University, East Lansing, MI

Bachelor’s degree in accounting with high honor

PROFESSIONAL AFFILIATIONS

American Institute of Certified Public Accountants Georgia Society of Certified Public Accountants

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