Industry: Aerospace design engineering services : Specializes in aftermarket modifications of aircraft, conversion from Passenger to Freighter. weight and interior design. Provides expertise in systems integration and structures and obtains FAA certifications. Develops in-house supplemental type certificates. Time Period: April 2015-October 2018 Assignment: Maximize exit value : sell side business due diligence. Focus areas: Validation…
Time Period: October 2017- March 2018
Assignment: Identify weaknesses in financial management.
Industry: Moving and Storage Services: Provides transportation, distribution, travel and relocation services. Time Period: Jan 2015 to March 2017 Assignment: To build accounting capabilities to understand profitability and performance. Ensure actionable information from data and reports. Story: Cured backlogs in accounting work, not following adequate accounting principles and low quality of accounting work being done.…
Assignment: Decline in profits due to price cut by State for client services
Assignment: Client’s monthly financials were done on time, but lacked penetration to show what drivers were responsible for the results. They could not identify revenues/costs breakdowns to know profitability drivers: on location and customer profitability, revenue per employee, revenue per cubic foot of space rented etc.
Assignment: In 2003, the company had low profitability and a low performing accounting function. The assignment was to assess the company’s overall business potential and to upgrade the F&A to provide relevant assist to the decision making process.
Assignment: Upgrading the CFO function
Assignment: The company was having cash flow and profitability issues and was out of covenants with the Bank. No meaningful business condition analysis or financials were being done. Alternate lenders could not be sourced as reviewed financials and collateral audit was being delayed.
Assignment: To develop a strategic plan to chart the organization’s direction for the upcoming 3-5 years and to establish accounting systems, policies, and procedures, and set up infrastructure to complete financial record keeping.
Assignment: This is a large non-profit that has been in existence for the past 30 years. The accounting function was weak, and unable to support decision-making and expansion plans. They hadn’t filed form 990 for 2 years.