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VP Finance and Accounting

Location:
Redmond, WA
Posted:
March 25, 2021

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Resume:

Scott R. Pfeiffer, CPA

Redmond, WA ***** adk6tc@r.postjobfree.com

206-***-**** linkedin.com/in/scott-pfeiffer

CHIEF FINANCIAL OFFICER / CONTROLLER / FINANCIAL ANALYSIS / SYSTEM INTEGRATOR

Financial Executive and Certified Public Accountant with over 20 years professional finance, administration and consulting experience in Professional Services, Software Development and Distribution, both domestic and international for multiple markets; healthcare, security, travel, telecommunications insurance, banking and finance, retail, and media. Strategic outlook driving improved operations, impacting business growth and expansion, minimizing costs and maximizing profits. Technical expertise in implementing and consolidating financial systems.

CORE COMPETENCIES

Financial Statements & Analysis / Financial Planning & Forecasting / Cost & Benefit Analysis / Team Building and Leadership / Investor Relations / System Design & Implementation / Budgeting & Forecasting

NOTABLE ACHIEVEMENTS

Implemented, restructured and re-established, an overnight loss of 50%+ annual revenue, in a 12 month period

Negotiated and structured new financing agreement on a $7.5M LOC resulting in an interest rate reduction and annual auditing fees and a one-year cost savings of over 50% plus more favorable covenant restrictions; negotiated down with more favorable company terms.

Turned company around through departmental cost reductions and redesign of international expansion improving operating profits from an annual loss of ($87K) to a $2M dollar profit within a 3-year period

Dramatically cut 61+ delinquent AR balance by 93% by re-engineering credit approval process and personally designing an automation program in SQL that ran daily against the company AR database

Eliminated 1M+ in outstanding AP through improved cash flow resulting from streamlining controls in credit application, designing new collections policy and procedures and changing purchasing habits.

Implemented process controls reducing financial closing cycle from 12+ days to 5 days

PROFESSIONAL EXPERIENCE

VP Finance and Operations, SmarTek21 Kirkland, WA 03/13 - Present

SAAS Product and IT Development and Consulting. Annual sales of $35M, 400+ employees.

Manage daily operations of the International company covering vendor and bank negotiations, new entity creation, improvement in resource utilization and spending efficiency.

Formation and financial consolidation of 3 International and 2 U.S. based corporations

Consistent growth of revenue of 58% since inception of employment and year-over-year net income and gross margin

Developed & implemented a BI tool including KPI dashboards allowing for more timely decisions regarding cost spending and company expansion. Improved and more timely reporting for profitability analysis – better spending decisions

Adviser and lead International based subsidiary on accounting controls; established and monitor monthly budget to control spending needs

Successful gross margin improvement from 9% to 20% through improved bill rate efficiency

Chief Financial Officer, RPM Corporation, Lynnwood, WA 07/11- 02/13

Financial Services/Collection Agency. Annual sales of $16M, 300+ employees.

First appointed CFO in company history, improved day-to-day operations, cash flow stability and companywide department continuity.

Significantly reduced interest rates and banking fees 1% by negotiating banking Line-of-Credit and Capital loans

Re-engineered operational tools to allow the proper disclosure of financial information resulting in $350K of unknown revenue to be recognized

Project Consultant, BGI/LAM Real Estate through Two Degrees, Seattle, WA 03/11-07/11

Short term project designed to assist the Accounting department with financial statement preparation and monthly reviews for 60+ investment properties; automated budgeting and cash flow forecasting processes through the use of enhanced linked Excel spreadsheets; trained accounting staff of 3 on budgeting functionalities within existing ERP Accounting software.

Controller/HR/ Purchasing, Lavera Skin Care North America, Kirkland, WA 01/10-02/11

U.S. start-up, distributor of all natural skin care and sunscreen products. Annual sales of $6M, 20+ employees.

Strategic planning on revenue growth and finance and accounting operational improvements.

Partnered with CEO to develop a strategic plan to gain market share and double prior year revenues of $3M to $6M through the re-engineering of all financial and purchasing aspects of a growing company.

Revised and corrected two years of accounting data. Discovery of over $100K of misappropriated cash funds.

Chief Financial Officer, AMMEX Corporation, Kent, WA 08/06-11/09

Distributor of Disposable Industrial and Medical grade gloves. Annual sales of $50M, 150+ employees.

Launched and matured young international based company. Accountable for Strategic Planning and Initiatives, Business Operation improvements, Budget Preparation and Financial Management of entire company day to day operations, including Finance, HR, Inventory Management and Purchasing. Recruited and developed teams both locally and abroad.

Transformed the company from an initial operating loss position to stable company earnings annually over several million dollars as well as increasing company revenue by 72% from $29M to $50M

Created new Inventory procedures which included the implementation of daily cycle counts and inventory adjustments that improved inventory variances by over 20%

ADDITIONAL EXPERIENCE

CFO / Director of Implementation - Hansen Information Tech., Sacramento, CA

EDUCATION AND BUSINESS AFFILIATIONS

Bachelors of Science in Business Administration-Accounting, University of Washington

Certified Public Accountant, State of Washington

Member of the American Institute of Certified Public Accounts (AICPA)

TECHNICAL EXPERTISE

Microsoft Dynamics GP, FRx, QuickBooks, SAP One, Office Suite (Excel, Word, Outlook, Project, Visio), MS SQL, Seagate Crystal Reports, Paychecks, ADP



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