CFO, CPA, MBA

Drew Byelick, CPA, MBA

949-***-**** cell • Colleyville, TX • ********@*********.*** • LinkedIn Profile

Business Transformation Global Finance Acquisition Integration Divestitures

Unlocking value by transforming business processes.

Respected financial and operational champion, boasting a rich 20-year history in spearheading global finance, strategic mapping, M&A, and business amalgamation across high-value manufacturing, technology, and consumer product sectors, commanding over $1B in revenue. My influence has forged an enduring legacy in public, private, and startup landscapes including SAAS companies. I have guided teams of more than 100, mentoring, and elevating cross-functional teams to pinnacle performance echelons.

Dependable operational strategist, acting as a critical ally to C-suite members demanding extensive comprehension of business propellers across numerous operational areas. Regularly sought to plot a course for sustainable profitability, create a blueprint for strategic collaborations, and direct vital resource investments. I am firmly customer-centric, outcome-driven and I lead from the front.

Leadership Philosophy: Connect. Communicate. Collaborate.

Leadership & Financial Expertise

Strategic Planning & Execution

Operational Effectiveness

Budgeting and Forecasting

Strong Leadership EQ

Stakeholder Engagement

Multi-site Manufacturing

Organizational Transformation

Business Process Optimization

Team Development & Mentorship

M&A & Business Integrations

Accounting & Tax Efficiencies

SEC, Controls, & Compliance

ERP System Implementations

Project Management

Cost Accounting

Industry Specialties

Machine-to-Machine (M2M)

Renewable Energy

Medical Devices

LED Lighting

Electrical Distribution Equipment

Contract Manufacturing (PCBA)

Test & Measurement

Construction & Oilfield Services

E-Commerce

Consumer Products

Smart Cards & POS Devices

Software as a Service (SaaS)

Career Trajectory & Performance Highlights

JDB Interim Services – Colleyville, TX 2023 – Current

Independent consultancy that provided contract CFO services to public and private companies from startups to $500M in revenue.

Interim CFO and project based support for mid-sized PE-owned and Public companies. Recent CFO assignments included creating daily dashboards and KPI’s, improving the close process, integrating forecasting models with the annual budget process, modeling proposed changes in pricing and preparing a company for sell.

RYVYL Inc. – San Diego, CA 2022 - 2023

Fintech NASDAQ listed international public company.

Chief Financial Officer

Fast-growing public financial technology company hired to partner with CEO to improve financial reporting process and build accounting and banking operations functions to support blockchain international growth strategy. Responsible for accounting and treasury functions:

Integrated acquired European companies.

Established a 13-week cash forecast and budget planning process.

Improved internal controls and created accounting narratives.

Rebuilt accounting and banking operations teams and began ERP migration.

Initiated financial restatement process and engaged external experts to improve reporting.

Aero Components – Fort Worth, TX 2021

Provider of high-quality machined and fabricated parts to aerospace companies.

Chief Financial Officer

A PE-owned company hired to partner with the CEO to improve processes and take the financial lead in the divestiture process.

Created financial model and presented financials to prospective acquires.

Implemented MRP processes to improve production planning, supply chain, and cash flow.

Initiated margin contribution pricing models that increased revenue by 10% and reduced inventory.

AZZ Inc. – Fort Worth, TX 2015 – 2019

A $1B global provider of metal coatings, welding services, and engineered electrical equipment serving various industries and applications.

Vice President, Chief Accounting Officer 2017 – 2019

Promoted into the role after successfully engineering multiple company integrations. Oversaw financial control framework of a $1B global business (Electrical, Industrial, and Galvanizing) to ensure the financial integrity of business line reporting and achievement of financial goals. Led accounting, financial strategic planning, forecasting, budgeting, internal and external (SEC) reporting functions. Managed performance of 6 direct reports with responsibility for an accounting team of 80 and budget oversight of $4M.

Received CEO Excellence Award (FY18) for results attributed to the completion of financial restatements in unprecedented time (<6 months). Delivered: $10M third-party professional fee cost savings, dismissal of shareholder lawsuits against the company, and mitigation of SEC risk/penalties.

Implemented enhancements to existing ERP systems that reduced the time to close books and improved performance.

Developed and instituted a rolling 5-quarter planning methodology and improved the annual budgeting process.

Enhanced compliance strategy by implementing ASC 606 and ASC 842 lease accounting; strengthened 404 SOX internal controls.

Mentored junior associates into finance and operational leadership roles.

Director of Finance 2016 – 2017

Promoted by CFO. Oversaw electrical business platform responsible for 8 entities within the AZZ energy segment. Key member of Electrical Platform M&A team supporting evaluation and due diligence processes, including IT Steering Committee and 10-Q and 10-K review team.

Key contributor to the acquisition and successful integration of 3 businesses, increasing BU revenue by 30%.

Improved visibility of business unit performance by strengthening reporting standards and processes.

Defined and implemented standard definitions for recording costs across business units, streamlining reporting efficiencies and reducing inconsistencies.

Introduced standard operational reporting and KPIs to better track the performance of Electrical Platform companies.

Influenced the executive team to adopt a standardized process for establishing joint ventures.

Controller, NLI 2015 – 2016

Recruited to resolve accounting inconsistencies for a $50M business. Reported to GM. Owned accountability for all accounting and reporting functions to support the business unit. Lead finance member of the Divestiture team.

Resolved accounting inconsistencies by implementing new processes to properly support the percentage of completion accounting methods.

Standardized financial statements and developed effective models to improve forecasting and budgeting.

JDB Interim Services – Irvine, CA 2000 – 2015

Independent consultancy that provided contract CFO services to public and private companies from startups to $500M in revenue.

Owner & Contract CFO, COO, VP Finance

Defined solutions and delivered results in short time frames for companies from startups to $500M in revenue. Implemented strategic transitions for middle-market private and public companies, including acquisitions, integrations, divestitures, turnaround, and ERP system implementations (i.e., Oracle, JDE, Microsoft, Ax, Epicor). Performance highlights include:

Increased global distributor market valuation by $200M by rationalizing product offerings, closing plants, and relocating distribution centers to eliminate losses and negative cash flows.

Linked strategic plans to daily metrics that drove business growth and profits for LED lighting manufacturer.

Led integration of acquired businesses that created standard processes and reporting systems, reduced costs, and defined performance measurements across the company.

Extensive global travel. Has lived and worked on 4 continents.

Earlier Career Experience

CFO West Coast Companies, Interiors, Inc – New Rochelle, NY

Division CFO, Robertshaw Controls, Invensys, Plc – Windsor, UK

Co-founder & CFO, Agilquest – Richmond, VA

VP General Manager, Board Test Systems, Schlumberger, LTD – Billerica, MA

Global Financial Director (CFO)/ Board Test Systems, Schlumberger, LTD - Ferndown, UK

NAM Controller POS, Smartcard and Parking systems, Schlumberger, LTD – Virginia Beach, VA

Manager Corporate Consolidations, Schlumberger, LTD – New York, NY

Operational Internal Audit, Amerada Hess Abu Dhabi, Arzanah Island, UAE

Education & Certifications

Executive MBA Program (Strategic Planning and Team Building) – Ashridge College, Berkhamsted, Hertfordshire, UK

Master of Business Administration, Fordham University, New York, NY

Bachelor of Science, Lehigh University, Bethlehem, PA

Certified Public Accountant, Current License Commonwealth of Virginia

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