Henry R. Dietz, CPA (Current Inactive License)
**** ******** *****, *******, ** 27603
919-***-**** **********@*****.***
http://www.linkedin.com/in/henrydietz
EXECUTIVE MANAGEMENT PROFILE
Finance Executive seeking to provide strategic operational and financial management directives as a CFO, COO or CEO. Key attributes are leadership, integrity and immediate impact leading Stakeholders through a strong business acumen, integrity and experiences with global and local oversight.
CORE COMPETENCIES
Ÿ GAAP Financial ReportingŸ Mergers and Acquisitions, CombinationsŸ Developing and Managing Bank/Lender relationsŸ Organization and Operational PlanningŸ Activity Based Costing/AllocationsŸ Software Revenue Recognition Ÿ Delivering Cost Savings Ÿ Managing Working Capital Ÿ Leadership and Team BuildingŸ Evaluating Financing OptionsŸ Internal Controls – Sarbanes-OxleyŸ Credit and Risk Analysis
EXECUTIVE EXPERIENCE
FOUNDER – Outsourced Business Processes – Professional Services Mar 2004 – Present
http://www.obpnc.com/
Engagement Activities have included:
CFO - The King Partnership – $ 23MM Ad Agency/RE Broker Aug 2007-Feb 2009
· Administrated Job Costing GL Software for Inventory, Job Costing, Work In Progress
· Negotiated Banking Relations garnering renewals of $22 million loan obligations
· Provided Financial Management and Reporting for 4 entities
· Designed and executed budgets and operational reporting tools
· Increased gross profits by $100,000 by designing new profit centers
· Reduced operating costs $300K through strategic cost cutting and accelerating collections
CFO – Shamrock Environmental Corporation Jan. 2007 – Jun. 2007
· Job Cost Accounting - Direct Costs, Indirect Costs, Direct Labor
· Secured $11 million asset based financing in second month of engagement
· Engineered over $500,000 in operational expense cuts out of $4 million budget
· Finalized Audited Financial Statements (As presented by predecessor)
· Streamlined utilization of Solomon Accounting reducing operating costs
GENERAL MANAGER – RBC- Mortgage Royal Bank of Canada 2006
· Managed liquidation of $3 billion portfolio including risk analyses
· Executed 3 day divisional month end closes for consolidation
· Compiled internal control documents for divisional compliance with Sarbanes-Oxley Act
· GAAP disclosures and calculations for FASB 133 FASB 109 FIN 48
· Financial Disclosures for Public Company Reporting
FINANCIAL ADVISOR - Nortel Networks –Business Analyst SAP implementation 2005
· Evaluated SAP and system implementations in global manufacturing company
· Examined and tested company procedures for consistency and integrity
· Created procedures for training manuals reducing time and increasing efficiency
CHIEF FINANCIAL OFFICER - Black Dragon Software LLC 2001-2004
· Designed business plans leading to acquisition of $12 million venture capital
· Selected and managed law firm relationship reducing legal fees by over $250,000
· Revenue Recognition SOP 97-2, SOP 98-9, SAB 101, 104 and EITF 00-03
· Managed E-Commerce web site including electronic billing and collections
· Designed operational plans to effect a 20 state virtual office environment
· Director level management of IT operations with COLO and Remote Servers
· Effected $500,000 annual savings in operating expenses
· Partnered telecom providers to joint venture sales of web conferencing and telecom minutes
· Increased user base from product launch to over 400 users/ created $400,000 revenue base
· Evaluated health care benefit programs effecting a $400,000 savings over previous plan
CONTROLLER/HR/FP&A - Sage Software – USA/Great Britain 1997-2001
Multi-National Software Developer with over $250 million revenue and 2500 employees
· Monthly and Quarterly Financial Reporting – NASDQ listed 1998-2001
· Integrated business processes and benefit plans
· Negotiated Banking Relations securing operating line of credit in second month with company
· Planned and designed space build out to move division of 40 with no down time
· Managed 401(K) plan including liquidation to combine assets into parent’s plan
· Identified and corrected double tax transaction saving shareholders over $1,000,000 in taxes
CFO/COO - MHW Advertising – Cleveland, OH 1982-1997
Leading Full Service Advertising Agency with 75 employees and $35 million in billings
· Designed and executed leveraged buyouts and succession plans
· Managed and controlled growth from $17 million to $35 million in a two-year span
· Executed Leveraged Buyout with Venture Capital to acquire 4 radio stations
· Managed banking relationships / Acquired needed operating capital credit lines
· Implemented Defined Benefit Plan, 401K plan and Self funded Health Insurance Plan
· Evaluated change in asset managers for qualified plans effecting increased earnings to plan
EXECUTIVE PREPARATION
CORPORATE CONTROLLER – Ecology Services – Chardon, Ohio 1980-1982
SENIOR STAFF ACCOUNTANT - Arthur Andersen, CPAs – Cleveland, OH 1978-1980
EDUCATION, CERTIFICATION, ASSOCIATIONS
· Youngstown State University –BS/BA – Accounting
· Certified Public Accountant (CPA) Ohio
· Financial Executive Networking Group –Raleigh, NC Chapter
· Northeast Ohio Software Association – Founding Board Member
· Ohio Society Certified Public Accountants
· Volunteer Treasurer/CFO on three Not for Profit Agencies Boards
· Volunteer with Job Seeker Networking Group and Executive Management SIG