A History of Bottom-Line Impact
Executive Management & Advisory Services works closely with clients to ensure that successful business change is achieved with profitable results. Managing Director Geoff Scheitlin, a business owner himself, specializes in creating financial stability for clients in a wide variety of industries. This email address is being protected from spambots. You need JavaScript enabled to view it. today to discuss your company′s needs and goals.
Acquisition Integration
$300 million, private equity-owned, global advertising services firm integrating a large acquisition
- Directly supported corporate CFO
- For the integration of large acquisition, developed:
- 13-week cash flow model plus financial model with staged rollups to a consolidated entity
- Detailed revenue forecast with monthly updates by operating managers
- FP&A functionality; supported explanation plan to actual variances
- Monthly financial reporting models for monthly financial close
- Developed quarterly review template for internal and PE reviews
- Direct support to corporate and subsidiary controllers in companywide system conversion
Infrastructure for Startup and Ongoing Support
Privately-owned construction start-up requiring comprehensive financial operations
- Serve as part-time CFO
- Serve as part-time controller; perform and manage all day-to-day financial operations, incuding payroll, AP, AR, cash, working capital, planning, and forecasting
- Support financing efforts
- Company liaison with CPA firm for annual tax returns and review of financial statements
- Company liaison for retirement plans and related annual funding
Conversion to Shared Services for International Operations
$100 million international fitness equipment manufacturing/distribution company
- Served as interim CFO/Treasurer for North American division; direct support for international CFO
- Developed key metrics, strategies, business plans, and reporting
- Spearheaded rapid adjustment in response to market conditions
- Completed ERP implementation
- Established shared services operation at international HQ: finance, accounting, sales order processing, and product delivery
- Eliminated redundant processes for more than $400,000 in annual cost savings
Ongoing Support of Financial Operations
Boutique financed lease brokerage partnership
- Serve as part-time CFO
- Serve as part-time controller; perform and manage all day-to-day financial operations, including payroll, AP, AR, cash, working capital, planning, and forecasting
- Developed and implemented all financial processes, controls, resources, and operations
Challenges of Hyper-Growth
$2 million technology company experiencing hyper-growth
- Created highly-scalable operating structure
- Solved immediate critical cash flow and accounting issues
- Built solid financial base to support current and future hyper-growth
- Implemented and managed all cash, finance, accounting, administrative, and human resources functions
Blending Two Firms Under Common Private Ownership
$100 million rapid-growth retail display manufacturing and distribution companies under common private ownership
- Served as contract CFO supporting owners and COO
- Led sell side financial due diligence, including meetings with advisor and buyers
- Responsible for finance, treasury, accounting, forecasting, budgeting, risk, and tax
- Built and mentored finance, accounting, and treasury team
- Merged C-Corp and S-Corp; converted to common IT platform
- Developed business metrics, departmental reporting, and FP&A
- Restructured bank financing for increased liquidity with capacity for growth
- Negotiated increased insurance coverage with 30% cost reductions
- Completed first external audit converting from tax basis to GAAP; reduced year-end costs by 25% and close times by 60%
- Liaised with public accounting firm for tax planning and prep, corporate structures, and accelerating utilization of NOLs