A results oriented CFO, with an MBA and CPA.
Resume:
Dennis S. Oistacher, CPA
Ponte Vedra Beach, Florida 32082
Cell: 904-***-****
Email: **********@*****.***
Linkedin: http://www.linkedin.com/in/dennisoistacher
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Summary
A detail oriented business executive with broad financial and operations management experience with the capability of recognizing and resolving complex business issues, identifying trends and mitigating risk. Major strengths include financial management and restructuring, strategic planning, profitability analysis and improvement, team building, business development and business process improvement.
Experience
Interim CFO Services, Jacksonville, Florida 2011 - Present
Providing part-time and interim CFO related services to small and middle-market companies. Focusing on assisting clients in the following areas:
Cash Flow Improvement Customer and Product Profitability Enhancement
Mergers, Acquisitions & Divestitures Strategic Planning & Budgeting
Financial Reporting Business Development
Project Management HR Benefits Reviews
Succession Planning Internal Controls, Processes and Procedures
Strategic Interactive Holding (SIH), Ponte Vedra Beach, Florida 2007 – 2011
Through its subsidiary National Safety Commission, Inc., SIH operates one of the nation's largest providers of online driver education services. The company provides a variety of online and classroom courses and operates in all 50 states. SIH’s driving-related products include courses for new drivers, adults, motorcyclists and commercial drivers offered via several principle websites. SIH is also developing other interactive online products.
Chief Financial Officer – SIH
President & CFO – National Safety Commission, Inc.
• Directed strategic planning process to develop new products and channels for marketing both online and offline.
• Significantly improved cash flow and operating results by eliminating non-productive positions and focusing on core activities.
• Negotiated acquisitions and development of new courses, which expanded the company’s business presence in multiple states and reduced the business concentration in Florida.
• Improved working capital through improved bank financing and expanded trade credit terms.
• Negotiated a private equity financing agreement.
• Upgraded Human Resources by outsourcing the function to a professional employment organization (PEO). As a result, this greatly reduced cost, allowing for cost-effective employee benefits and training.
Tempo Products LLC - Thomasville, North Carolina 2003 – 2007
Tempo is a start-up home products manufacturing company focusing on the sale of a variety of decorative products to mass-market retailers. The company leveraged its ability to procure inexpensive products in Asia to develop relationships with large discount merchants.
President and Chief Financial Officer
• President, CFO and shareholder of a start-up company focusing on manufacturing and importing decorative home products for sale to national and regional retail chain stores.
• Developed overseas manufacturing through alliances with factories in China and India, which enabled the company to increase its product imports to more than 50% of total sales.
• Negotiated improved line of credit terms, which enabled the company to expand its product line.
Tree of Life, Inc. - Saint Augustine, Florida 1996 - 2003
Tree of Life is a $1.5 billion natural and specialty food marketing and distribution subsidiary of Wessanen NV, a multi-national Netherlands based company. The company also manufactured its own proprietary products. While at Tree of Life, the company grew from $500 million to $1.5 billion, through a combination of acquisitions and organic growth.
Sr. Vice President – Finance and Chief Financial Officer (CFO)
• Managed and coordinated finance and accounting activities for Tree of Life and its 20 offices and distribution centers across the United States and Canada.
• Directed the company’s acquisition program, including financial modeling and analysis, due diligence, contract negotiations and post-closing integration of the acquired companies.
• Managed the company’s business planning process, including heavy emphasis on strategic planning, developing annual business plans and product line profitability.
• Developed key performance indicators and Balanced Scorecard dashboards, which enabled the company to focus on high priority issues.
• Worked closely with sales, marketing, operations and IT to improve communications and develop cross-functional processes.
• Generated significant cash flow through improved working capital management, primarily through improved inventory management.
Corporate Financial Management - Jacksonville, Florida 1995 - 1996
Provided financial management services to small businesses and start-up companies. Engagements included restructuring bank debt, developing working capital improvement programs and providing SEC financial reporting services to small public companies. Companies included apparel manufacturing, underground storage tank replacement and pharmaceutical development businesses.
Hunter Environmental Services, Inc. - Southport, Connecticut 1988 - 1994
Hunter was a publicly held, full-service environmental, architecture and engineering company with revenues of $100 million. Hunter served state (DOT & EPA) and Federal (DOD & EPA) governmental agencies and private industry through more than 20 offices in the United States. Hunter was the parent company of Environmental Science & Engineering, Inc. and Reynolds, Smith & Hills, Inc.
Executive Vice President – Finance and Chief Financial Officer (Southport, CT) 1990 - 1994
V.P Finance and Controller of Environmental Operations (Gainesville, Fl) 1988 - 1990
• Negotiated and closed a $50 million divestiture of the company’s environmental engineering business and the sale of its architecture and engineering business.
• Completed a number of private placements of debt and equity.
• Responsible for SEC reporting, forecasting and presentation of financial information to the Board of Directors.
• Developed project profitability reporting and related key performance indicators.
• Negotiated the sale of a number of the company’s underperforming assets. As a result, the company’s balance sheet was dramatically improved.
The Charter Company - Jacksonville, Florida 1976 - 1988
Charter was a publicly held, petroleum, insurance and publishing company with revenues of $5 billion. In 1987, the company was successfully reorganized under Chapter 11 of the U.S. bankruptcy code. In 1988 the company relocated to Cincinnati, Ohio.
Vice President and Corporate Controller, Jacksonville, Florida 1987 – 1988
• Responsibilities included all SEC compliance including quarterly and annual filings.
• Financial forecasting and presentation of financial information to senior management and the Board of Directors.
• Improved the company’s accounting and budgeting functions by aligning them with business operations.
New England Petroleum Corporation – subsidiary of The Charter Company - Jacksonville, Florida
Charter Marine Transportation – subsidiary of The Charter Company - Jacksonville, Florida
Sr. Vice President, Finance 1986 - 1987
Vice President and Controller 1985 - 1986
Various Staff and Management Positions 1976 - 1985
• Directed the financial management of Charter’s fuel oil marketing business (revenues of $1 billion).
• Managed the financial function of the company’s marine transportation division.
• Strategic planning, evaluated financing requirements and acquisition analysis.
Education
• Masters Degree in Business Administration - St. John’s University, New York
• Bachelors of Science Degree - Brooklyn College, New York
Professional Certifications and Associations
• Certified Public Accountant (CPA)
• American Institute of Certified Public Accountants (AICPA)
• Florida Institute of Certified Public Accountants (FICPA)
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