CFO

Rich Peterson

West Jordan, UT *****

801-***-**** *****************@*****.***

KEY ACCOMPLISHMENTS

o Over 15 years of experience in finance, forecasting, accounting, vendor management, and business administration

o More than 10 years of experience in senior finance, accounting, supply chain, and administrative management roles

o Improved forecasting and reporting accuracy through development of custom-created processes and procedures implemented in North America, Israel, and Ireland

o Delivered year-on- year revenue and margin improvement, over multiple companies, through a combination of efficiency programs, LEAN process improvement, and client-focused initiatives.

o Fluent in Spanish

EXPERIENCE

Audio Enhancement West Jordan, Utah

Sr. Manager of Finance (CFO-in-Waiting) August 2024 – Current Supply Chain and Purchasing Manager

o Reduced expenses by 16.5% through implementation of custom-designed structured budget methodology with an emphasis on departmental productivity. o Established business relationship into Canada including all Canadian revenue and legal processes

o Implemented expense forecasting process for all departments across nationwide company

o Managed tariff department to navigate global supply chain amidst constant government oversight and change

o Established effected MRP system and lead-times to facilitate double digit percent year-over-year growth

o Effectively managed both new-revenue and upgrade-revenue projects to exceed targeted goals

Structural Steel and Plate Fabrication North Salt Lake, Utah Chief Financial Officer September 2018 – July 2024 o Led growth of revenue from $13M annually to $35M over a five year period o Designed and implemented project budget tracking process that improved gross margins by 6.8% over a five year period.

o Reduced vendor costs on average by 9.1% through establishment of a centralized procurement department

o Managed and performed all accounting, finance, human resource, and general office management

o Developed collections procedures that decreased receivables greater than sixty days outstanding to less than 3% of total receivables

o Worked as a member of the corporate leadership team to establish annual business plan and capital budgeting

o Developed cash-flow forecast to increase visibility into timing of expenses and income to increase throughput efficiency

Murata Machinery, USA North Salt Lake, Utah

Sr. Manager of Administration June 2012 – September 2018 o Lead multi-national division accounting operations, forecasting, and reporting o Improved forecasting accuracy to within 3.5% of actual results annually for multiple departments within a multi-national company

o Developed and implemented new procedures for improving revenue recognition that resulted in a 6.4% increase in year-over-year net income o Managed domestic and international tax issues

o Implemented new software project management application that increased overall gross margins on projects by an average of 9%

o Reduced vendor costs by 4.5% through improving billing and invoicing procedures o Designed and implemented vendor scorecard metrics for annual vendor scorecard that resulted in reduced vendor costs, increased vendor budget accuracy, and standardized vendor selection processes

o Established project budgets through various costing methods and continued to successfully manage project budgets to consistently exceed forecasted margins o Developed staff including administrative, accounting, service, and engineers through cross-training, positive coaching, and effective delegation Zions First National Bank Salt Lake, Utah

Branch Manager July 2008 – June 2012

o Improved branch loan and deposit balances by 4% annually in diverse markets through innovative sales techniques

o Implemented new customer service measures to enhance customer satisfaction by 6% on an annual basis

o Streamlined credit procedures to enable quicker response times and increased growth for commercial and consumer customers

EDUCATION

Master of Business Administration

Westminster College Salt Lake City, Utah

Master of Accounting

Western Governors University Salt Lake City, Utah

Bachelor of Science, Accounting

Western Governors University Salt Lake City, Utah

Bachelor of Science, Marketing

Western Governors University Salt Lake City, Utah

Bachelor of Science, Finance

University of Utah Salt Lake City, Utah

References available upon request.

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