Tim W

Chief Financial Officer - 20 Years of Experience - Near 76063


Chief Financial Officer


Mansfield, TX

Education Level:


Will Relocate:



Areas of Expertise: Financial Analysis & Management - Strategic Planning - Team Leadership - Process Improvement- Negotiations Quality Assurance - Forensic Accounting - Problem Resolution - Work Flow Analysis - Communications Cost Savings - Forecasting - Payroll - Sales & Use Tax - Workers' Compensation - Cost Accounting - P&L An Expert Financial Officer who Corrects Serious Financial Deficiencies and Drives Turnaround Efforts. . * Transformed Cyclone Cylinder from an insolvent company into a profitable operation by restructuring, refinancing, improving processes, developing and implemented best practices, and completing a small acquisition to expand their customer footprint grew the company and sold it for more than $2.8M. * Found and recovered tens of millions of dollars in vendor promotional offerings and programs for 7-Eleven completed audits from 2001 to 2003. Directs Team Building, Process Improvements, and Streamlining Efforts That Facilitate Periods of Change * Cleaned up and reorganized a $150 distribution facility that serviced 250 stores in 5 states, restoring profitability while developing high potential employees. * Managed two ad groups, a large IGA group and a smaller Jamboree group directed the consolidation of this division into the company's larger division in LaCrosse, Wisconsin. Professional Overview Contract Work 2001 - Present Independent Contractor/Consultant * Audit auto dealers floorplan inventory for CSI, Inc. (Ally Bank) * Reconciled 21 months of bank accounts on A&B Supply. Have continued to work with them teaching them Peachtree and basic accounting. Sales, gross margin and net income have grown remarkably. * Cleaned up, converted, and trained clients for James G. Johnson, CPA on QuickBooks and Peachtree. * Contracted for AIPSHC, LLC (Critter Control), an $8M company, to clean up financials that were seven months in arrears over the course of a 45-day period. * Standardized sales force for Core-Mark International and established accountability for a team generating more than $600M in annual revenue. * Listed and sold mid-market sized companies while working with buyers to secure financing. * Uncovered internal embezzlement and served as Interim CFO while correcting financial and compliance issues for Drug Emporium in 2001. * Highly successful Business Broker with Alamo Corporate Group with 100% closure rate. Fleming Companies, Inc. Prior to 2001 Division President, Dallas 1999 - 2001 * Managed all aspects of a $150M non-foods division, distributing HBC and general merchandise as well as specialty (gourmet) foods across 250 stores in 5 states. * Owned full accountability for all division operations, including distribution, sales, human resources, accounting, merchandising, and IT managed 12 direct reports and 250 employees division-wide. Fleming Companies, Inc. continued Division President, Laurens Iowa 1997 - 1999 * Directed 225 employees for a $150M division distributing a full line of food products, and supplies. * Led administrative, merchandising, distribution, and sales functions for a team serving 140 stores in 4 states Director of Credit & Retail Finance at Corporate Staff 1995 - 1997 * Managed credit in a company with $19B in sales, including approval of new accounts and collection activities. * Drove analysis of finance requests from all divisions across the company, providing presentations and recommendations to the finance committee. * Centralized receivables management, cut bad debt expense 30%, and developed a finance package process. Controller, Fresno California Division 1994 - 1995 * Controlled accounting functions for a $450M division, including all operational controls, receivables, payables, and preparation of period financial information such as balance sheets and P&L statements. * Managed quarterly and year end closing and reporting. * Oversaw the cleanup operation after defalcation by controller/chief accountant and other senior executives. Chief Accountant, Phoenix Arizona Division 1989 - 1994 * Managed payables, receivables, weekly financial preparation, and periodic, quarterly, and year end closing. * Directed division operational controls for a $1B division. * Cleaned up operation on newly acquired division.