Gray Hair Management

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Member Profiles

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Name Robert
Phone 708-494-2461
Email Click here to email me!
Salary $101K - $125K
State Illinois
Willing to Relocation? No
Recent Positions Controller
Weinstein Wholesale Meats Inc
Forest Park, Il
(Wholesale meat distributo)

CFO
Faip North America Inc
Elk Grove, Il
(Pressure washers and hose)

Controller
Gordon Kapes Inc
Skokie, Il
(Telecomm & audio control )

Key Accomplishments • Managed $5M to $10M A/R portfolio. Held A/R over 21 days to 8.5% and over 30 days to 1%. Achieved DSO of 18.25 days. • Formalized credit application process and performed credit research and analysis to approve set up of new customers and assign credit limits. Approved sales orders outside prescribed credit thresholds. • Established and managed credit hold function; instituted credit insurance over portfolio; enhanced credit management systems features to control A/R and restrict sales outside established parameters.

• Converted GL from Peachtree to in-house ERP system. Created company’s first ever monthly financial statements. Reduced monthly closing time to 11 days. • Created reporting of borrowing base, covenant reporting, and credit reporting. Converted payroll to online reporting. • Automated loan borrowing transactions and had bank assign us to dedicated customer service. • Held shrink on $5M inventory to under $10k. • Slashed A/R write offs from $350k in 2010 to $0 in 6 months

• Key team member that implemented 2 systems conversions to MAS 500 for 2 entities. • Selected and implemented new banking relationships. Reduced line of credit borrowing from $9M to under $5M. Implemented spending controls. Managed multiple bank audits. • Reduced inventory levels from $18M to $9M. Eliminated need for leased warehousing space. • Developed business plan for acquisition. Performed due diligence reviews of acquisition targets. Led acquisition financial integration

• Launched finished goods inventory count program resulting in 25% improvement in inventory record accuracy. Reduced inventory shrink loss 30%. Improved inventory record accuracy to 90% from under 30% via improving inventory part number, bill of materials, and production work order processes. Directed inventory planning team. • Reduced time to take physical inventory counts for 2 main businesses by 33% saving $10k. • Designed daily one-page summary report that informed customer service of future production dates and quantities enabling accur
Education / Skills masters project management from Keller BBA accounting from Loyola Green belt six sigma




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