KI YOM CPA, MBA
Los Angeles, CA Cell: 310-***-**** Email: ***.***@*****.***
CAREER PROFILE
BACKGROUND: Accomplished and seasoned professional with over 7 years of work experience in Public Accounting (within Big Four accounting firms), over 8 years of Finance experience within Investment Banking and over 10+ years of experience as a CFO in various industries. Highly motivated and versatile professional with extensive background in all facets of accounting and financial management. STRENGTHS: Ability to manage numerous projects simultaneously while working under pressure in fast-paced environments. Interact easily with all personality types with a high emphasis on teamwork. Leadership style empowers team members by collaborating with all members of the organization to achieve business and financial objectives. Quickly masters new roles, responsibilities, technologies and environments. Problem solver capable of resolving complex technical issues. Adept in streamlining financial processes, enhancing productivity levels and introducing process improvements. Active CPA License in the state of CA. Core competencies include:
Capital Raising / Strategic Exit (Sale or IPO) Financial Management & Process Improvement
Mergers & Acquisitions / Corporate Restructuring SEC Financial Reporting & Analysis
Financial Modeling & Valuation Analysis Treasury & Cash Flow Management
Budgeting & Forecasting Projections Financial Statement Analysis & Review
Strategy & Business Development Day-To-Day Accounting & Month-End Close Major Accomplishments:
A. Executive Management & Leadership
As a member of the executive management team, participated in key strategic management decisions. Set the tone for organizational culture and vision; led to infrastructure improvements and cross functional team re-alignment.
Successfully led a company sale transaction by managing all aspects of sale process (audits, QofE, due diligence, management presentations, negotiations) resulting in a successful sale to private equity and lender partners. B. Financial Management & Planning
Proven track record of increasing enterprise value through top and bottom-line growth, enhancing EBITDA and implementing action plans for margin improvements (i.e. optimized supply chain efficiencies–vendor consol.).
Aligned sales and marketing with strategy and operations; utilized key performance metrics and customer channel-specific data to develop sales forecasts and tools that resulted in better tracking and operational results. C. Capital Management & Funding
Consolidated treasury functions with banking relationships resulting in better cash management and cost savings.
Highly effective in maintaining investor/lender relationships; successfully raised both equity and debt financings. D. Technology and Automation To Scale Businesses
Effective use of technology, leveraging and streamlining processes to drive value and competitive advantage. EXECUTIVE EXPERIENCE – CHIEF FINANCIAL OFFICER
EagleRider - JC Bromac Corporation (PE Owned - Main Post Partners) Los Angeles, CA Chief Financial Officer July 2021 to Current
Major Accomplishments: Company provides multi-experiential touring and rental services within the motorcycle and motor sports industry with locations throughout the US and internationally. Immediately restructured business during Covid and subsequently increased profitability to historic highs. Successful in reducing overhead by over $8M and increasing operating margins and topline revenue through executive oversight of all departments in the organization. Responsibilities:
Executive Management – Oversee accounting, finance, fleet logistics, HR and business development M&A.
Treasury/Cash Management – Cash flow forecasting and managing banking and financing relationships.
Budgeting & Forecasting – Monthly reporting of operating results, tracking of performance and KPI reporting.
Growth Strategy & M&A – Evaluating return on capital investments and growth acquisition opportunities. CFO CONSULTANT Los Angeles, CA / 2012 to Jun 2021
Worked as a CFO consultant/advisor to various companies by partnering with the top CFO consulting organizations and top PE groups, providing executive level management services on both a full time and interim basis. TATUM / M&B / Hardesty – Interim Executive CFO Consulting Division 2016 to 2021 Select Major Consulting / Advisory Projects:
CFO of a fast-growing high-tech company (PE owned – TPG Growth) focused on developing a marketplace platform to connect corporations with educational institutions to market, sell and deliver online education services and degrees to employees. Led in establishing infrastructure and delivering key financial board packages.
CFO of a high growth (PE owned – FFL Partners) national behavioral health services company. Responsibilities included managing relationships with lenders and sponsors in delivery of debt covenant compliance packages and monthly reporting packages. Head of 5 departments (60+ EEs; Accounting/Finance, FP&A, IT, Rev Cycle).
CFO of a vision and eyecare services company in Los Angeles that operates 50 ophthalmology and optometry clinics and 5 eye surgery centers overseeing Finance (4EEs), Accounting (5EEs), Revenue Cycle (50EEs) and M&A (2EEs). Successfully recapitalized the business and turned around underperforming business segments.
Head Corporate CFO for a major fitness franchisor company (PE owned – TPG) with rollup consolidation responsibilities of 20+ entities. Oversaw 2 divisional CFOs and 6 divisional controllers. Responsibilities included preparing monthly debt compliance packages for lenders, monthly KPI reporting and year-end audit and tax.
CFO of health services company (PE owned - Harvest Capital) in the Denver Metro area that operates multi- clinic urgent care, family medicine and occupational health facilities and services.
CFO of a company that operated multi-location skilled nursing facilities and services. Led in fund raising, hospital acquisitions (M&A) and managed all aspects of finance/accounting (also head of Payroll, Ops, Treasury). CFO Consultant / Capital & M&A Advisor 2012 to 2016 Select Consulting Projects:
Acted as CFO and VP of Finance/Treasury for a major international fin-tech company that provided payment processing solutions to online businesses globally. Managed the accounting and finance department during first time audit of the company (3 years of audited financials) in preparation for subsequent sale of the business.
Served as the CFO for the largest Denny’s Restaurant franchisee in the west coast, building out a de novo growth strategy and performing valuation work and returns analysis to price equity/evaluate investor returns.
Served as the CFO for a real estate company that markets a portfolio of municipally licensed real estate opportunities. Managed all aspects of strategy, accounting, finance and human resource functions.
Served as the CFO of a social media entertainment company focused providing talent management services to celebrities and social media influencers; developed detailed build-up financial projections to support capital raise.
Served as senior executive consultant to largest PE/Hedge Fund in Los Angeles to assist in resolving accounting issues related to implementation of new systems conversion. Assisted in monthly, quarterly and year-end closings; Executive Responsibilities Included:
Providing financial leadership, management and mentorship to all individuals throughout the organization.
Evaluating financial performance of organization with regard to LT and ST operational goals, budget/forecasts.
Creating financial models and projections which include case scenarios and sensitivities to forecasts.
Drafting financial statements for public/private companies and preparing internal and external financial packages.
Preparing, drafting and reviewing SEC financial reporting documents (Form 10-K, 10-Q, 8-K, S-1, S-3).
Identifying, researching and resolving technical accounting issues to ensure proper financial statement disclosure.
Managing day-to-day accounting & month-end close process. Establishing sound financial/operational controls. CFO Leadership Council: Member of a community dedicated to developing strong leadership of senior financial exec. PROFESSIONAL EXPERIENCE – INVESTMENT BANKING
DAEWOO SECURITIES (Investment Banking) Seoul, Korea Vice President / Director – Corporate Finance / M&A Private Equity Coverage 2009 to 2011 Major Accomplishments: Gained acceptance into the #1 investment bank in Korea. Proactively established relationships with top private equity firms resulting in independently winning two live deals in Asia. Key Transactions:
M&A Execution – Advised in hospital acquisitions for a healthcare firm that operated nursing facilities. Led in the execution and close of two cross border M&A deals within the medical device space.
Capital Raise – Advised/closed on a $25MM growth capital raise for the largest laundry service provider in NY. Spearheaded a successful $60MM capital raise from numerous investors for a U.S. bank. MORGAN STANLEY (Investment Banking) Los Angeles, CA Senior Associate – Corporate Finance 2007 to 2009
Major Accomplishments: Successfully managed all aspects of client coverage and interaction with executives from varied backgrounds and temperaments. Actively contributed value added strategic/financial ideas to clients. Key Transactions:
Corporate Financing – Executed a $2.0Bn Senior Unsecured Credit Facility for a major aerospace and defense company. Executed financing commitments for a sponsor to acquire a personal-care products company.
Sell-Side Advisory – Actively managed a sell-side of a publicly traded west coast specialty coffee house considering strategic alternatives for its retail store business; managed strategic discussions with sponsors. UBS INVESTMENT BANK (Investment Banking) Los Angeles, CA Associate – Mergers & Acquisitions (Generalist – Middle Market) 2005 to 2007 Major Accomplishments: Contributed to the development of staff by sharing knowledge and technical skills to team members by training, mentoring and motivating staff through training sessions and various project interactions; resulted in ability for all team members to become productive contributors within a large financial organization. Key Transactions:
M&A Sell–Side Advisory – Advised on sale of dental health practice management services company; Executed and closed on the sale of a minority interest investment in a telecom company for correctional institutions.
Acquisition Financing – Advised a strategic buyer with capital structure and financing alternatives, providing commitment letters in support of its proposed acquisition of a private television broadcast company. BEAR STEARNS (Investment Banking) New York, NY
Associate Intern – Leveraged Finance / Corporate Finance / M&A Summer 2004 PROFESSIONAL ACCOUNTING EXPERIENCE
PRICEWATERHOUSECOOPERS Los Angeles, CA
Manager – M&A Buy-Side Due Diligence (Transaction Services Group) 2000 to 2001
Business & Financial Due Diligence - Provided buy-side advisory services to PE firms/strategic buyers. Identified deal issues that resulted in adjustments to purchase price. Resulted in savings of $2-$15M on average per deal.
Assessment of Investment Risks – Evaluated investment opportunities by analyzed financial and operational results of target companies and identified business and investment risks for strategic acquirers and private equity. ERNST & YOUNG LLP Los Angeles, CA
Manager – Audit / Accounting 1995 to 2000
Performed numerous audits with diverse industry client base. Managed and led numerous IPO audits with technology and internet clients during the late 1990’s tech boom. Prepared financial statements and footnotes.
Prepared and drafted SEC public filing documents (Form 10-K, 10-Q, 8-K, S-1 and S-3 Filings). Identified and resolved numerous accounting/technical issues to ensure proper financial statement presentation and disclosure. EDUCATION
UCLA Anderson School of Management Los Angeles, CA Masters of Business Administration (MBA; Finance Focus) June 2005 UCLA Los Angeles, CA
Bachelor of Arts (BA in Business Economics; Accounting Focus) Dec 1994 CPA License – Active, State of California
FINRA Licenses: Series 7, 63 & 79 (Inactive)