CFO, Financial Strategy & Analysis, Cash Management, Cost Control
Resume:
$*K $***K $***K $***K $***K $***K
Yearly Savings
One-Time Savings
Cost Savings through Innovation
Hard Payroll Costs Accounting System
Electronic Time Entry Cost Reporting/Job Coding
Concur Expense Reports Payroll & Cost Tracking
Employee Management System
ARCHIE LISTENBEE, MBA
773-***-**** ******@*********.*** LinkedIn Des Plaines, IL 60016 CFO FINANCIAL STRATEGY & ANALYSIS REVENUE GROWTH COST CONTROL PROFILE
Trusted financial partner and CFO with 12+ years’ experience identifying financial gaps and developing and executing solutions. Committed to excellence. Creates and implements systems to gather data, enable insights, and lead to continuous improvement of business processes. Collaborative problem-solver and authentic team leader. Builds strong teams committed to revenue growth. Highly valued as a contract negotiator and vendor manager – able to influence and secure savings through trusted relationships. Proven motivator of sales teams. Optimizes and standardizes processes, communicating changes and improvements. Oversees all fiscal and fiduciary responsibilities. CAREER ACCOMPLISHMENTS
Cost Reduction
• Labor Savings: Secured $250K+ savings through payroll and cost tracking at Revel, reducing back of the house labor from 35% to 15%. Identified issue, analyzed data, and implemented solution to track labor in real time.
• Accounting System Implementation: Instituted Great Plains software in December 2019, replacing QuickBooks and greatly improving financial team efficiency, totaling $75K/year in labor savings.
• Payroll & HR System Implementation: Identified gaps, analyzed needs, and implemented new systems that consolidated functions and improved
efficiencies, including the following savings:
o $240K, Employee Management System;
o $31K/year, hard payroll costs;
o $10K/year, electronic time entry;
o $6.5K/year, Concur expense reports;
o $10K/year Cost Reports/job coding.
Revenue Growth
• Co-produced sales strategies and cost savings
initiatives, securing earnings growth of 600%+.
o Designed tracks for new Account
Executives (AE) and forecasted year-
ahead budget to keep sales team engaged. Produced and communicated a weekly sales report that ensured AEs had tools for success.
CRITICAL SKILLS
• Financial Strategy
• Financial Analysis
• Cost Control
• Personnel Savings
• System Implementation
• Contract Negotiation
• Vendor Management
• Sales Strategy
• Revenue Growth
PROFESSIONAL EXPERIENCE
The Revel Group, Inc. Chicago, IL July 2016 – Present Chief Financial Officer (CFO)
Selected to lead finance strategy for an event-centric portfolio of companies with combined revenue of $45M in 2019. Develop sound financial strategies to reduce costs and increase revenue as an executive partner. Manage team of four with ultimate responsibility for all finance functions including period end results, preparation of forecasts, Annual Operating Plan (AOP), financial analysis, reporting and budgeting. Foster business development, growth-plans, and CFO
Chief of Staff
Senior Finance Manager
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ARCHIE LISTENBEE
773-***-**** ******@*********.*** LinkedIn Des Plaines, IL 60016 provide forecasts that improve decision-making. Build a high-performance team. Maintain accountability for performance metrics, GAAP decisions and treatment. Serve as audit lead. Key Achievements
• Saved over $100K through enhanced effectiveness of Accounting and HR functions, during a growth spurt in both headcount (by 200 employees) and sales ($20M).
• Secured $100K in savings in the form of reduced workers comp premiums in 2020 by co-implementing a safety program with the Executive VP of Operations.
• Contract Negotiation: Established vendor meetings to re-negotiate incentive programs and discounts with two largest vendors. Secured 10% discount and 10% rebate, leading to potential $400K in savings. Iowa Pacific Holdings, LLC Chicago, IL 2008 – July 2016 Chief Financial Officer 2013 – 2016
Promoted to CFO to restructure the finance department and create a timely and accurate financial package for a railroad holding portfolio with annual operating revenues of $80M. Led eight direct reports in the performance of all financial and accounting duties. Supervised performance review process, daily cash, and treasury management. Managed critical relationships with customers, vendors, stockholders, lenders, external accountants, and attorneys. Key Achievements
• Led financial diligence for the sale of two railroads totaling $150M in July 2015. As key partner, provided financial data and analysis, answered inquiries from ~40 interested parties and presented to 20.
• Restructured finance department, establishing segregation of duties and firm month end closing schedule for financial package delivery within 10 business days.
• Directed financial diligence on multiple bank refinances including a $95M financing and $10M bridge loan.
• Implemented Great Plains accounting software for 18 domestic subsidiaries. Controller 2010 – 2013
Performed fixed-asset accounting, treasury management, and bank covenant calculations. Managed yearly budget creation process and performance reviews. Prepared a financial package in accordance with U.S. GAAP requirements. Created weekly flash reports for revenue, cash, and other areas as needed. Key Achievements:
• Spearheaded due diligence for two bank refinances, the $90M sale of the Arizona Eastern Railway, and five business acquisitions/startups.
• Instituted management letter improvements via reduced auditor adjustments, tighter cash controls, and improved processes and policies.
• Consolidated five acquisitions/startups into IPH financial management system in 2011- 2012. Senior Accountant 2008 – 2010
Managed month-end close, financial statement preparation, covenant compliance and audit contact. Established subsidiary unit reporting and financial packages. Performed system administration for all treasury management operations. Led monthly performance reviews with GMs for portfolio railroads. Instituted monthly tracking and reporting of fixed assets and depreciation, note recognition, amortization, and capital lease designation. Key Achievements
• Secured audit expense savings of $20K+ per year by transitioning accounting duties away from auditors.
• Provided financial projections and pro-forma statements for 2009 $64.4M FRA Rehab loan. Prior Experience: Art Gallery Leadership / Collection Building 2002 – 2008 EDUCATION
MBA, Accounting and Finance Andrews University Berrien Springs, MI 2002 B.A., Biology Andrews University Berrien Springs, MI 1995
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