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Todd White Resume 010915

VP, Finance & Operations at Barna Group um Barna Group
13. Jan 2015
Todd White Resume 010915
Todd White Resume 010915
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Todd White Resume 010915

  1. TODD WHITE, MBA 359 Alpine Avenue / Ventura, CA 93004 / M: 805-218-0332 / tawhite67@gmail.com www.linkedIn.com/in/toddawhite/ CFO / DIRECTOR OF FINANCE / CONTROLLER Entrepreneurial-driven, multi-skilled executive with proven leadership experience in business, financial and accounting operations, marketing & sales, and human resources – generating millions of dollars to top and bottom lines. Successful at directing highly skilled teams that collaborate as focused units to achieve aggressive business goals. Able to define and align strategies to negotiate financing arrangements, facilitate mergers & integrations, and identify / secure new business opportunities. Effective at leveraging key relationships and process improvements to maximize performance and cost savings. Able to apply operational and financial know-how to solve problems, reduce cost, and grow the enterprise in a profitable manner. Strong track record managing multi-million dollar budgets. CORE LEADERSHIP COMPETENCIES Financial / Accounting / Budget Accountability Cross-Functional Leadership & Collaboration Business Process Reengineering Strategic Planning & Tactical Execution Operational Efficiencies / Improvements Sales Growth, Cash Management & Forecasting Financial Planning & Analysis New Business Development / Entrepreneurial PROFESSIONAL EXPERIENCE GOSPEL LIGHT PUBLICATIONS – Ventura, CA 2006 – 2014 $30 million Christian Publishing Company. CFO & VP of Finance (2012 – 2014) Promoted to oversee all aspects of finance, accounting, HR, IT, and web operations. Sat on Boards of both non-profit and Chinese publishing company. Supervised 10 direct reports. Established and maintained $30 million annual corporate budget. Co-led annual corporate strategic planning process. Accountable for long and short-term financial projections.  Successfully led company during one-year CEO transition that included planning and executing sale of $6 million division and negotiating $3.6 million accounts payable via three,five, and seven year notes.  Turned around $7.5 million division losing $500,000 annually to $300,000 in profits in two years by shifting product mix.  Generated higher margins by working with sales team to refocus on more profitable accounts.  Led successfulnegotiations to secure $2.5 million long-term credit during period of declining revenues.  Developed and implemented Product Group P&Ls to help product managers better identify areas of improvement.  Scored highest in annual employee satisfaction survey all eight years by tracking and managing all finance and operation departments. VP of Finance / Controller (2008 – 2012) Promoted to lead a finance team, including eight direct reports. Accountable for corporate budget and all financial reporting to executive team. Performed analysis on all aspects of the business, including financial, sales & marketing performance, product performance, and inventory management. Created customized financial reporting tools and 52- week cash projection worksheet to forecast capital needs up to one-year in advance.  $1+ million saved annually by outsourcing warehouse and fulfillment services previously done in-house.  $1+ million in annual overhead decreased by planning and executing reorganization of the company.  $250,000 reduction in costs achieved by working closely with product development team to streamline and enhance production process, resulting in higher profit margins for product line.  10% in expenses per year slashed by collaborating with sales and marketing teams to strategically position company for market growth, while increasing sales and marketing effectiveness and ROI.  Spearheaded an initiative to transform an accounting department from a cost center to service center, while providing real-time data to executive team.  Improved financial ratios by reducing debt, strengthening balance sheet,and improving margins.
  2. TODD WHITE,ProfessionalExperience…Continued PAGE 2 OF 2 Controller (2006 – 2008) Led an accounting department that included monthly close process and financial reporting requirements. Reengineered entire P&L structure via creation of 10 product and divisional P&L statements. Restructured entire general ledger and cost accounting methods to increase efficiency and accuracy of data. Managed five direct reports. Managed A/R, A/P, H/R, royalty and cost accounting areas.  $500,000 in annual cost savings realized by improving accounting and reporting systems, including simplifying the cost, royalty and inventory accounting processes,and negotiating a lower lease rate on 200,000 sqft of space.  Reduced monthly closing process from 15 to 3.5 days by streamlining month-end book-close processes.  Oversaw the annual budgeting process,short and long-term financial projections / statements,and provided updates to the Board of Directors and shareholders.  Revised financial reporting structure and successfully transitioned operations from legacy accounting systems. ADCHEK, INC. – Ventura, CA 1999 – 2006 $2.5 million marketing and advertising firm. Co-Founder & CEO Co-founded and led operations with oversight for developing business plan, raising capital, hiring staff, and creating compensation plans and M&S tools. Accountable for business development, sales, and all financial aspects of operations. Created complex financial / business tools to track and manage operations.  $3.5 in private and institutional financing secured by developing and implementing a corporate business plan and private placement memorandum to build and launch a new startup advertising firm.  Achieved 16 straight quarters of increasing profits and margins by hiring, training, and leading a high-powered sales team to market and promote a new advertising medium.  Boosted sales up to $2.5 million by personally signing partner companies including United Airlines, Kroger Grocery Store, Darden Restaurants,Labor Ready,and Gevity HR. EMPLOYER’S DEPOT, INC. – Ventura, CA 1992 – 1999 $40 million professional HR, employer,and placement organization with 30 employees. Controller Served as a Controller for a Professional Employer Organization with operations in 15 states. Ran all aspects of the business, including HR, payroll, finance and marketing functions. Led strategic planning meetings and five direct reports. Reported directly to the CEO.  $30 million in sales growth attained, while directing payroll, human resources, and workers compensation functions.  Boosted profitability by planning and coordinating the merger and integration of another firm.  Successfully implemented a franchising organization and opened markets in 15 states.  Developed and implemented payroll software to significantly enhanced automation of payroll functions.  Cut costs and overhead by overseeing corporate restructuring and process improvement efforts. BRATTON,MCMORROW, AND ASSOCIATES,CPAS – Ventura, CA 1990 – 1992 Full service, medium- sized CPA firm. Staff Accountant Performed audits, reviews & compilations, tax preparation for corporations, partnerships and individuals. Worked at several offsite clients to perform bookkeeping and controller duties. Upgraded client accounting / finance departments.  Served as Interim Controller responsible for converting operations for a client trucking company to computer-based solutions, including logistics, driver tracking, payroll, accounting, cash management and owner reporting. EDUCATION / CERTIFICATIONS / PROFESSIONAL AFFILIATIONS  M.B.A., (Focus: Strategy & Economics),NY Institute of Technology, Old Westbury, NY  B.S. in Accounting, California Lutheran University, Thousand Oaks,CA  Certified Public Accountant, California Board of Accountancy (All requirements met, license pending)  Professional Affiliations: Director / Treasurer, GospelLight Worldwide/One Million Children; Director, Chairman, ZDL Books (Beijing, China)
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