CABELL COBBS
949-***-**** ********@***.***
Finance and Operational Executive, MBA, CPA
Accomplished financial executive with a track record of creating value through financial and operational management. Key competencies include:
Cobbs and Associates - Current
Principal
Re-opened successful CFO services company with three successful engagements to date.
Services included:
NetSuite Implementation
Renegotiation of commercial borrowing agreement to increase borrowing capacity by 4x.
Creation of a subordinated borrowing relationship which provided available liquidity when required.
Selection and transition of an assurance and tax preparation relationship
Interim CFO coverage during a new CFO process.
Focus is on the Small to Medium sized Business market. Electek Inc. (A SASCO COMPANY) 8/2017- 8/2019
Interim - President/CFO
Restructured accounting and payroll groups reducing staffing and overhead costs.
Restructured risk management by moving from unfavorable captive insurance structure to a large deductible program for General Liability, Auto and Workers’ Compensation.
Added IT infrastructure management inclusive of a billed help desk function. ATTOM Data Solutions / RealtyTrac 2006 – 7/2017
Chief Financial Officer
Completed recapitalization of RealtyTrac with a Private Equity firm and did a follow-on acquisition of highly trafficked website.
Partnered with the CEO to develop and launch the business plan for a Real Estate Big Data business by leveraging a supplier relationship into a favorable reseller license opening a $35million market opportunity.
Streamlined organizational structure and reduced associated operating costs.
Negotiated and closed bank credit facilities and a subordinated debt facility.
Managed Finance, Accounting, Risk Management, and Operational and Strategic Planning. Cobbs and Associates 2004 to 2006
Principal
Leveraged an opportunity presented by a private equity group into a consulting business.
Took a startup environmental management company public and completed 2 acquisitions of add-on facilities.
Developed a business plan for RealtyTrac and worked with their Investment Bank for evaluating the possible sale of the Company which resulted in being hired as CFO
Leadership
Strategic and Tactical Planning
Mergers and Acquisitions
Treasury Management
Financial Reporting and Budgeting
Information Systems
Human Resource Management
Risk Management
CABELL COBBS
8 Trieste, Irvine, CA 92606
949-***-**** ********@***.***
Kimco Staffing Services Inc. 1995 to 2004
Chief Financial Officer
Responsible for Accounting, Finance, Risk Management and Information Technology
Instrumental in growing the company from $38 million to $124 million in sales through a combination of internal growth and acquisitions.
Financially re-engineered the risk management structure to reduce costs by over $1.4 million annually.
Established a $10 million lending relationship with a major bank.
Started a full service employee leasing company and integrated a full suite HRM system. Other Key Positions
Independence One Bank of California – CFO
Negotiated and directed the sale of a billion-dollar financial institution Sunwest Bank – Controller, Treasurer
Managed bank’s transition from legacy technology to an updated service bureau environment Santa Fe International Corp – Internal Audit, Assistant Controller
Performed domestic and international audits for a large vertically integrated energy company.
Promoted to Assistant Controller of the construction subsidiary. Deloitte and Touche – Big 4 Public Accounting Firm Auditor
Supervised and performed audits for fortune 500 publicly traded companies out of the Chicago office. Education
Masters of Business Administration
U.C. Irvine, Graduate School of Management, 1991, Beta Gamma Sigma Honors Bachelor of Science, Accounting
Indiana University, Bloomington, Indiana
Other Designations and Activities
CPA 1980 Illinois Lic.239.015498 (Inactive)
Chairman of the Hoag Classic Pro-Am 1999-Current
Manage 7 tournaments raising $1 million per Year