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Chief Financial Officer

Location:
Deerfield, IL
Posted:
June 05, 2023

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Resume:

DANIEL (DAN) W. PINSEL

** *** ***** ****

Lincolnshire, Il. 60069

312-***-****

adxiyj@r.postjobfree.com

SUMMARY

Finance Executive with proven results in driving financial and operational performance for service and consumer products organizations. Track record of improving organizations revenues and profits. Known for being a proactive problem solver who delivers client value. Skilled leader who has mentored and developed high performing teams. Areas of Expertise:

EXPERIENCE

Smart Plastic Technologies 2022 – 2023

A $10M plastic manufacturing / sustainability company in the waste management, environmental, and human wellness space.

Chief Financial Officer, Chicago, IL

Provide leadership and oversight for the Finance, Accounting, AP, AR, HR, and IT functions. Manage the company’s cash flow. Collaborate with President and leadership team to drive financial and operational results.

• Manage cash flow by understanding the timing of investment and AR inflows versus expense prioritization.

• Work with Sales team to create an accurate sales forecasting model that will be utilized to generate monthly financial forecasts which will provide insight for the senior team.

• Develop and implement policies and procedures to help drive added efficiency to company operations.

• Point of contact for legal and banking relationships. Blue Plate Catering, LTD 2020 – 2022

A $35M catering, food manufacturing, and contract food services company. Chief Financial Officer, Chicago, IL

Provide leadership for the Finance, Accounting, AP, AR, and IT functions. Manage the company’s cash flow. Collaborate with President and leadership team to drive financial and operational results.

• Manage cash flow by engaging vendors and implementing internal expense reduction policies.

• Work with senior team to create accurate financial forecasts based on current business environment along with sales and expense projections. Work with sales, culinary, and operations teams to drive efficiencies.

• Renegotiate current contracts and negotiate new contracts to improve financial outcomes. SYSCO CORPORATION 2014 – 2020

A $60B leader in marketing, selling, and distributing food products. Chief Financial Officer, Chicago, IL (2019-2020), Cincinnati, OH (2014-2019) Partner with President and senior leadership to drive the operating company’s financial results and operational outcomes and initiatives. Provide leadership for Finance, Accounting, Credit, AP, Cash application, and Inventory Control.

• Financial accountability for a $950M operating company.

• In Chicago, led operating company income growth of 5.8% versus prior year through expense management and sales growth.

• In Cincinnati, financially managed company from #9 in a 14 company market to #1 from 2017-19.

• Led initiative which reduced inventory product waste by approximately $400K.

• Generated accurate forecasts (97%+) with input from the senior team and cross-functional business partners to better understand our current financial position.

• Scored 94 on internal SOX audit which was an 8 point improvement from prior audit.

• Created new business financial analyses, negotiated contracts, and monitored financial results

• Financial Analysis • Cost Control • Auditing

• Financial Reporting • Contract Negotiations • Contract Compliance

• Budgeting & Forecasting

• Project Management

• Turnarounds

• Accounting

• People Development

NATIVE FOODS CAFE 2013 - 2014

A $28M Vegan Restaurant concept.

Chief Financial Officer, Chicago, IL

Responsible for the financial health and management of the company. Partnered with senior leadership team to create, implement, and manage financial and operational processes. Provided leadership for Finance, Accounting, and Human Resources teams.

• Responsible for creating forecast model for the 2013 and 2014 fiscal years that helped drive the company’s financial strategy.

• Created proforma model for new business opportunities that included the detailed expenses for construction. FOOD FOR THOUGHT 2009 – 2013

A $30M local leader in providing off premise catering and onsite contract food services. Vice President Finance, Lincolnwood, IL

Directed all financial initiatives with P&L accountability for the entire organization. Implemented processes to reduce expenses and improve efficiency within the Catering and Contract Food Services Division. Provided leadership for Finance, Accounting, Human Resources, and Information Technology groups. Created financial reporting package for the Senior Team to better understand the results.

• Hired to lead turnaround of a 30-year-old company near bankruptcy ($750k loss) in 2009. In 2011, company generated record EBITDA of $1.1M and earned $1.2M in 2012.

• Led 3 person Executive Leadership team in developing, implementing, and enforcing strategies to resurrect the financial health of the company.

• In 2010, turned around Contract Food Services Division from a loss of ($350k) to a profit of $260k by re- engineering labor, implementing expense reduction policies, enforcing contract compliance, and negotiating contractual changes.

• Improved Catering Division profit margin > 3% by creating a labor model to match revenue streams, managing direct expenses, and improving Catering leadership’s financial acumen. ARAMARK CORPORATION, 1999 – 2009

A $13B leader in professional services providing facilities management, clinical technology, and food services. Regional Finance Director, Healthcare, Downers Grove, IL Managed financial operations for three business units with P&L responsibility for a $150M region. Drove fiscal performance through revenue and expense analysis and forecasting. Identified problem accounts and made recommendations on operational and contractual changes. Met with customers/CFOs to make operational contract decisions and evaluate performance. Implemented capital expenditures for the region. Negotiated contractual incentives based on patient satisfaction, budget attainment, and FTE metrics.

• Promoted in 2007 to run 3 lines of business in Healthcare group (Food, Facilities and Clinical Technology).

• Improved forecast accuracy from variances as high as 20% to 5% over a six-month period by initiating weekly calls with operations managers focused on financial reporting, training, and increasing accountability for results.

• Increased accuracy and improved financial results by implementing a training program for eight District and 80 Front Line Managers that improved their understanding of financial and accounting policies and procedures.

• Managed team that developed, tested, and implemented a new budget tool for the $1.8B Healthcare Food Group. Established information flow, layout, and reporting needs by collaborating with IT. RAND McNALLY CORPORATION 1997 – 1999

A $500M provider of innovative mapping and navigation information. Manager, Sales Administration, Skokie, IL

FEDERAL EXPRESS CORPORATION, 1990 -1997

A $39B global organization that offers worldwide shipping, logistics and supply chain solutions. Sr. Financial Analyst, Buffalo Grove, IL

EDUCATION

MBA, Finance and Marketing, A.B. Freeman School of Business, Tulane University, New Orleans, LA BS, Marketing, Indiana University, Bloomington, IN



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