Supply Chain Private Equity

Catherine (Kate) C. Odasz, CPA, MS-Finance

713-***-****, ***********@*****.***

Over 20 years progressive experience within divisional accounting, corporate finance and private equity firms in accounting/finance departments. Proven results in manufacturing & operations management, process development, cost control, corporate governance, internal controls, process re-engineering, acquisitions and divestiture activities, ERP implementation management and other change management initiatives. Hands-on experience in all areas of full cycle accounting, from O2C, Product/Job Costing, Manufacturing, Supply Chain, Intercompany, FP&A, Corporate Reporting, Treasury/Cash Management and Banking Compliance.

RIVAL DOWNHOLE TOOLS, LC – ~$50M PE Backed Oilfield Services Co. 2/2024 – 3/2025

CHIEF FINANCIAL OFFICER

Responsible for financial oversight of private equity owned oilfield services organization.

With CEO, responsible for all due diligence and disclosures for potential exit event

Increased cash on hand from $2M in 2/24 to > $8M in 12/24 while decreasing AR/debt/inventory levels

Oversee the month end close process including consolidations, FX, and intercompany eliminations

Responsible for external audits, banking and treasury functions and internal/external financial reporting

Assisted with expansion into new int’l markets; setup of intercompany process, tax optimization strategy

Manage valuation and purchase price accounting for corporate acquisitions and divestitures as needed

Accepted additional CFO role for parent company of Rival Downhole Tools in November 2024

CATHEXIS HOLDINGS, LP - ~$5B PE Owned Global Holdings Co. 3/2021 – 2/2024

CORPORATE CONTROLLER

Responsible for financial oversight of ~$5B private equity organization of 20+ investcos and ~700 separate legal entities/ledgers. Managed >15 FTEs and liaison for +/- 20 investcos

Oversaw the financial reporting process including hierarchy mgmt., consolidation. FX, and intercompany

Responsible for all external audits

Managed “annual” organization-wide tax reorganization – 100+ page “Step Plans” with PwC

Managed valuation and purchase price accounting for corporate acquisitions and divestitures

Led successful global implementation of new consolidation system – went “live” by 2022 external audit

CO*OPERATIONS – ACCT/FINANCE CONSULTING SERVICES 2016 – 2021

Projects

GRYPHON OILFIELD SOLUTIONS, LLC - $20M PE Backed US Oilfield Services Co. 2019 – 2021

VICE PRESIDENT FINANCE

Responsible for all Accounting and HR staff daily functions and financial statement preparation – managed 1 FTE

Responsible for monthly internal management reporting to and creation of quarterly presentation to Board of Directors

Consolidation of financial statements, account reconciliations, valuation of equity awards

Managed bank relationships, reporting requirements, covenant compliance, and negotiation of debt covenant for credit facility. Negotiated removal of external audit requirement for 2020, resulting in $100k annual savings

Oversee all treasury responsibilities including cash flow projections

FORUM ENERGY TECHNOLGIES, INC. - $500M Public Global Oilfield Services Corp. 2019

INTERIM DRILLING & DOWNHOLE CONTROLLER – WESTERN HEMISPHERE

Responsible for all accounting functions for Western Hemisphere of Drilling & Downhole – Managed ~20 FTEs

Reorganized accounting department for maximum efficiency – reduced FTE by 3 resulting in ~$250k annual savings

Developed Financial Reporting Package for Division including monthly presentation to C Level Executives

Managed & mentored team of 8 direct reports and total global team of 30+ indirect reports – CAN, US, MEX, Dubai, UK

Implemented & trained on operational efficiencies regarding supply chain, documentation, controls, - resulted in increased cash flow through decreased DSO and increased inventory management optimization

U.S. PIPELINE, INC. $- $750M Privately Owned US based Union Pipeline Construction Co. 2018 – 2019

CORPORATE CONTROLLER

Responsible for all Accounting and HR staff daily functions and financial statement preparation – managed 10 FTEs

Reorganized staff and roles for HR and Accounting department – decreased HC by 2 resulting in >$100k annual savings

Automated Union Reporting for +800 employees and +25 funds monthly recon by Emp – reduced work by 40 hrs./mo.

Created Weekly Cash Flow Forecast by Job

Created Job costing, bidding, estimating reports and month end reporting for Owner

RUBICON OILFIELD INTERNATIONAL - $500M PE Backed Global Oilfield Services (Start Up) 2016 - 2018

CORPORATE CONTROLLER/CAO

Responsible for financial oversight from ground level start up. Built and managed F&A team globally - +/- 40 FTEs

Provide strategic direction and developed, implemented & monitored goals, objectives & procedures

Finance Leader on Microsoft AX Implementation Project

Direct, hands-on management of all external audits, physical inventory activities, plant closures and consolidations

Managed all post-acquisition valuation and integration activities including Purchase Price Accounting for seven (7) acquisitions in a 12- month period, totaling >$350M USD

Created and implemented new Policies & Procedures – CAPEX, Inventory Mgmt., T&E, Intercompany.

NATIONAL OILWELL VARCO - $30B Public Global Oilfield Services Corp. 2006 –2016

VICE PRESIDENT FINANCE – DYNAMIC DRILLING (New Division Global ($100M) 2014 – 2016

Responsible for financial oversight and functions and FTE’s - +/- 20 FTE

Finance executive on “Emerge” – JDE Edwards implementation of global ERP system – 3 Yr. project

Hands-on management of Forecasting, Planning & Reporting (FP&A) function in DDS

Management internal & external audits

Managed acquisition due diligence reviews and integration activities

Creation and implementation of new IC Policy and all Tax, Legal Entity changes for DDS (new BU)

Presented plans & quarterly financial results to NOV CEO, CFO, Segment President, Division President

GLOBAL BUSINESS UNIT CONTROLLER – NOV DOWNHOLE,($2B) 2013 - 2014

Responsible for financial oversight for Downhole Business Unit including monthly close process, new business decisions, CAPEX spend decisions and finance employees. Managed ~200 FTEs (direct/indirect)

Responsible for reported results, adherence to Sarbanes-Oxley& NOV Controls Manual, and all procedures and processes for over 50+ ledgers in 53 countries within matrix accounting structure

Up to 80% travel to locations in US, Canada, Mexico, Brazil, UK, Russia, Singapore, United Arab Emirates, Indonesia, Australia, South America

GLOBAL BUSINESS UNIT CONTROLLER – MFG & OPERATIONS NOV DOWNHOLE ($2B), 2007 - 2013

Responsible for all financial functions & oversight of 20+ manufacturing plants in 5 countries, 2+ global distribution hubs and 150+ field locations in 53 countries within the Downhole BU. Managed ~100 FTEs

Led “Flawless Integration” initiative for operational integration – created document to successfully integrate companies into NOV post acquisition

Implemented policies, controls and reporting systems amongst division’s 53 ledgers/operating entities

Selected by NOV CFO as 1 of 10 executive finance team to design and implement NOV Finance University

PLANT CONTROLLER – NOV DOWNHOLE,($350M) 2006 - 2007

Responsible for reporting financial results of Air Center Plant – managed 4 FTEs

Created KPI’s that became standards for 20+ plants including standard costing, WIP analysis, WO variances

Sent to Canada in Jan. 2007 to co- lead 18 month JD Edwards implementation

Positions held prior to 2006 available upon request

EDUCATION

Master of Science -Finance w/ Focus in Accounting, Sam Houston State University - GPA: 4.0/4.0

Bachelor of Bus. Admin in Accounting, Sam Houston State University– GPA: 4.0/4.0 Ranked #1

OTHER QUALIFICTIONS/CERTIFICATIONS

Certified Public Accountant, State of Texas, since 2005 – In Good Standing

NOV Finance University Certificate – 1 Year Course w/ Rice University & NOV, 2012

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