Perry L. Freeman

*** ******* ****, ***** ****, TX. 77479

(M) 281-***-**** ady15k@r.postjobfree.com

Summary

• Operationally focused financial executive leader with extensive financial and accounting experience of over 30+ years of experience in various industries with the past 18 years at C level positions as part of the executive management team reporting to the CEO, owners and/or Board with domestic and international, privately held, Private Equity, Venture Capital and publicly traded companies on US and international stock exchanges.

• Extensive experience with responsibilities in all areas of accounting and finance, including but not limited to financial reporting, cost accounting, general ledger, internal audit, external audit, legal, cash flow, budgets, forecasts, SOX, policies and procedures, banking, banking relationship, debt covenants/compliance, ABL loans, factoring arrangements, cash management, treasury, property/sales & use/state and federal tax, software conversions, IT, HR, back office as well as operational department responsibility.

• Restructured departments and companies. Created and implemented new accounting, human resources and operational policies and procedures and internal controls. Brought several companies financial books and records current.

• Extensive M&A experience with both buy and sale side, including business valuation, due diligence, business integration, business development, business divestitures and business/department development and/or restructuring. Developed and written an extensive due diligence program as well as an integration manual.

• Developed and implemented multiple short and long term business strategic plans with comparison to actual results, operational and financial KPI’s, comparison to strategic and budgeted goals, CAPEX development and analysis, ROI calculation and analysis on acquisition targets, financial modeling, product rationalization and capital structures to improve financial integrity and operational efficiency. Work Experience

12/19 – 3/23 Kee Safety, Inc. – A private equity backed $250 million international design, engineer and fabricator of fall protection equipment and devices

Chief Financial Officer – North American division

• Key member of the executive management team in North America and world, reporting to the board of directors with the North American division accounting for 50% of the revenue, PBIT and value of the entire company

• Responsible for all aspects of the North American accounting and finance team which includes 14 business units and 19 P&L’s as well as the North American IT department managing a staff of 18.

• Hired to evaluate and bring current the accounting systems and processes, personnel, financial reporting, tax reporting and status, IT systems as well as to bring an experience executive to train/mentor the existing management and finance teams in a fast growing and a high acquisition business climate. 1/19 – 9/19 United Structures of America, Inc. – A privately held $125 million designer, engineer, and fabricator of steel buildings

Chief Financial Officer

• Key member of the executive management team reporting to the owners and member of the board of directors

• Hired to manage all aspects of the financial clean-up, reporting, and restructuring to maximize company returns in advance of company asset sales and wind down.

• On first day, found a payroll error that saved the company $280K annually.

• Completed a $15 million ABL credit facility increasing working capital. 11/15 - 12/18 Seraphim Solar Holdings, Inc. – Venture Capital backed Tier 1 international manufacturer of solar PV modules with revenues of $10 million.

President and Chief Financial Officer

• Key member of the executive management team reporting to the Board of Directors.

• Developed the financial valuation model and 3-year financial projection. Assisted in developing the investment teaser, pitch book and pitch deck for a series B capital raise, Met with potential investors, private equity groups and investment bankers.

• Completed the start-up of the US manufacturing plant and operations including the build out of the facilities, commissioned production equipment, developed, established, and implemented the company’s IT infrastructure, department processes and procedures, accounting systems, sales pricing, and supply chain.

• Completed a $16.5 million federal and state new market tax credit (tax equity) transaction including all organizational and financial tasks which produced $4 million of working capital for the organization. 11/13- 7/15 Lockwood International, Inc. – An international privately held $350 million industrial valve distribution and manufacturing company mainly for the oil, gas, and chemical industries Chief Financial Officer

• Brought the company’s financial reporting current and into compliance with GAAP, financial and governmental institutions while completing the overdue annual financial audit.

• Restructured the accounting department, established internal controls, KPI’s, policies and procedures in addition to creating financial reports and processes to better monitor the financial condition of the companies.

• Completed all bank reporting including monthly loan covenant calculations, financial reporting, and daily management of the $140 million credit facility with a large financial institution. 7/11 – 10/13 United Companies, Inc. - A privately held $40 million plastic resin packaging and warehousing Chief Financial Officer

• Developed cash management, forecasting and budget tools, processes, and reports.

• Corrected the financial books and records while establishing internal controls and creating financial reports and processes to better monitor the financial condition of the companies.

• Completed asset-based lending facility which allowed for new product and service offerings. Also initiated and implemented outsourcing of major areas of HR and IT functions saving the company $280K in expense annually. Played a key role in developing the business plan, short- and long-term strategies and financial goals.

• Key member of a chapter 11 reorganization filing for one of the companies in the group dealing directly with attorneys, secured creditors, and attending court hearings. 12/08 – 6/11 Tubular Instrumentation & Controls, LP - A privately held $40 million oil field service provider and fabricator of control panels for drilling platforms. VP Finance & Administration

• Corrected financial books and records while establishing internal controls and creating financial reports and processes to better monitor the financial condition of the companies.

• Restructured all bank credit facilities, saving the company more than $100K annually. 1/08 – 11/08 Wenaas USA, Inc. – A Private Equity backed manufacturer and distributor of clothing and PPE mainly for the oil & gas industry with revenues of $20 million Chief Financial Officer

• Responsible for moving company production and offices from Victoria TX to Stafford TX.

• Negotiated and completed an RLOC facility with a major financial institution.

• Initiated and implemented the outsourcing of major areas of HR functions, saving the company $100K annually.

• Responsible for all operations and closure and relocation of a satellite facility to the main office saving $600K annually in addition to correcting the financial books and records which included bringing $3.5 million in customer billing current.

2/06 – 12/07 MDSERVE, Inc. - A privately held start up Software development company with revenues of $20 million. Chief Financial Officer

• Brought current and into compliance with GAAP the accounting books and records for the prior 22 months as well as completed financial audits, federal tax reporting and various state franchise taxes for the prior 2 fiscal years.

• Obtained a “Certificate of Good standing” status with the State of Delaware and State of Texas. 5/05 - 1/06 Resources Global Professionals – Consultant 10/00 - 5/05 Tyco International Ltd. - An international publicly traded $40 billion manufacturing and field services company mainly for the oil & gas industry

Division Controller – Industrial, Steam & Instrumentation valve manufacturing, distribution, and field services division with sales of $250 million

• Played a key role in performing product rationalization analysis as well as make/buy and outsourcing product analysis which led to the shut down and consolidation of multiple facilities into US facilities.

• Completed a 2-year Sarbanes Oxley project for the division including assessment, review, and implementation of 38 action items bring the division’s entire accounting processes into SOX compliance.

• Obtained Six Sigma Green belt certification and served as finance chairman on 15 six sigma teams.

• Selected by senior management to participate in the 21st century leadership program. The program recognized the future leaders of the organization and gave the opportunity for mentoring and training by corporate leaders. 1/98 - 9/00 Pioneer International, Inc. – An international publicly traded Australian US$5 billion building materials company

Business Development Manager – USA region

• Analyzed and assessed markets and developed strategic plans for organic growth and acquisitions while identifying specific acquisition targets and determined business ROI and IRR valuations.

• Completed the due diligence on 30 targeted US acquisitions and assisted with the integration of 15 acquisitions.

• Member of US team responsible for implementation of the SAP ERP system. Completed quality assurance for the Australian and European region.

7/90 - 12/97 Keystone International, Inc. – An international publicly traded $750 million valve manufacturing and field services company. Positions include Accounting Manager – Anderson Greenwood & Co (a subsidiary) as well as corporate auditor.

3/88 - 6/90 San Jacinto Savings - Credit analyst.

9/85 - 3/88 Moore Stephens & Co. - An international public accounting firm working as an Auditor for banking and manufacturing clients.

.

Education

9/81 – 7/85 Oklahoma State University, Stillwater, OK – B.S. degree, majoring in accounting.

Contact this candidate