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CFO/Controller

Location:
Midland, TX
Salary:
105000
Posted:
August 01, 2022

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Resume:

Suzanne W. Collis

adrysb@r.postjobfree.com • 432-***-****

Midland, TX• suzanne-collis-b73821209

Summary

CFO and/or Controller

Strategic thinker with enriched experience leading organizations towards sustainable market position by strengthening financial stewardship, establishing new business ventures, and conducting long-term planning.

Credible track record of devising market-centric strategies to nurture growth of organization across competitive commercial landscapes. Instrumental in coordinating with executive leadership and associated stakeholders in generating “win-win” solutions to accomplish targeted milestones. Demonstrated expertise in spearheading financial functions, producing business roadmaps along with managing allocated resources and budgets in a cost-effective manner. Successful in outlining productive strategies to improve cash flow, reduce expenditures, and boost revenue. Adept at streamlining complicated processes and identifying improvement areas to achieve performance goals.

Areas of Expertise

•Financial Strategies Development

•Business Planning & Administration

•Project Management

•Corporate Tax Accounting

•Monthly Sales Tax Returns

•Multi-Million Revenue/Expense

•Dollar Inventory Management (Multiple Locations)

•Budget Management

•Financial Accounting

•Assessments & Audit

•Team Leadership

•Management of Rental Equipment

•Large Yellow Iron Management

•Process Improvement

•Reporting & Documentation

•Relationship Building

•Sales Tax Audits and Accounting

•Large Rolling Stock Inventory Management (Multiple Locations)

Career Experience

Senior Financial Analyst, 3S Services, LLC 2020 - 2021

Provided oversight for Midland division and managed financial statements on weekly and monthly basis. Produced managerial reports, covering multi-faceted operations pertinent to construction and maintenance. Reconciled all entries for sub ledgers along with weekly and monthly financial statements.

Key Contributions:

Spearheaded construction for main customers in Midland area as well as monitored and tracked all rolling stock for Midland locations.

Delivered exceptional services across special projects and organized financial review meetings each month to discuss key aspects aimed at meeting budget requirements in a sophisticated manner.

Formulated WIP schedules and devised project tracking documents to ensure execution of construction projects as per bid provisions.

Director of Special Projects, PLH Group - Electrical Segment 2020

Directed special projects for all seven electrical companies owned by PLH. Recruited and trained warehouse manager as well as aligned core strategies according to key project requirements.

Key Contributions:

Successfully consolidated $7.5MM dollars of inventory across 9 remote divisions (SE NM through WTX).

Developed a centralized warehouse with ERP and purchasing procedures & part runners.

Managed all fleet and rental equipment

Director of Business, Powerline Energy Services (owned by PLH Group) 2018 – 2020

Supervised high-potential team constituting of 14 professionals including controller, accounting manager, audit & compliance supervisor along with staff responsible for account payables, account receivables, electronic invoicing, and field admins. Formulated annual budgets for each regional division and consolidated overall PLES budgets. Examined and approved all substantive decisions at the end of month financials. Performed reviews for FS and presented against board on monthly basis. Determined all key audit requirements from customer, state, and financial perspectives. Commenced collections calls with each division on weekly basis to keep DSO budget under target. Conducted weekly forecasts for PLH (PLES Corporate Holding Company) for all incoming collections and requirements to deal with weekly AP.

Key Contributions:

Planned and led integration of 6 different fuel cards/bulk fuel tanks into one overall fuel card program that significantly saved over $100K+ a month in fuel costs.

Developed OILDEX (OSS) electronic ticketing software to accommodate major needs of electrical maintenance activities and served as key administrator for implementing OSS across all 13 regional divisions with a workforce of approx. 450 individuals.

Established and oversaw technical services divisions (IR/ARC FLASH) along with facilities division, successfully growing and beating defined budget by more than 40%.

Negotiated articulately with Wright Express, securing 15% overall discount on all fuel that was purchased through their card.

Audit, ROI and approve any rolling stock equipment either through lease, capital lease or purchase across many physical locations.

Chief Financial Officer, RWI Construction, Inc. 2016 – 2017

Delivered exceptional services as a CFO consultant with keen focus on tracking major performance inefficiencies across accounting and operational functions.

Key Contributions:

Uncovered wide range of escalated issues that enabled senior management in streamlining multi-faceted accounting operations.

Defined policies and rationalized procedures that were still functioning at the time of selling to private equity.

Audit, review and approve movement of rolling stock equipment throughout the company.

CFO (Senior Financial Accounting Lead), JW Powerlines, Inc. 2015 – 2016

Devised constructive strategies to evaluate inefficiencies in accounting and operational functions. Successfully revealed numerous issues and tracked over 1800 invoices for approx. $4.5MM in revenue that had not been invoiced at that point and established a WIP schedule for over 250 jobs.

CFO, M&W Hot Oil, Inc. 2010 – 2015

Served as trusted financial leader for M&W that was a family-owned business. Prepared monthly and yearly annual financials for 13 different entities. Cultivated robust relationships with banker, customers, and vendors. Conducted comprehensive audits, prepared sales tax returns as well as dealt with cash and all major financial purchases.

Key Contributions:

Successfully navigated M&W Hot Oil Inc. from a sole proprietorship to a large-scale network of multilayer LLCS to protect Mr. McKee’s assets.

Instituted real estate company for all real estate holdings and captive insurance plan overseas as a tax shelter.

Established health insurance as a self-funded plan, generating savings of $1MM on annual basis.

Audit, ROI and approve rolling stock equipment purchases; manage fleet of over 300+ semi-trucks used for moving SWD water, Hot Oilers, and Kill Trucks along with a fleet of smaller trucks for use by pushers, mechanics, safety, and leadership team.

Education

Master of Business Administration (MBA) Current Current GPA 3.5

Bachelor of Business (Accounting) (BA) GPA: 3.5 Graduated Cum Laude

Associate Degree in Child Psychology (A.A) GPA: 4 Graduated Manga Cum Laude



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