Michael O'Brien
Irvine, CA - 92620
mkeobrien@aol.com
CFO /
Chief Financial / Vice President / Controller
Cost -
Plant Accounting/ Finance
Electronic
/ Medical Device Manufacturing / Plants
Start-Ups
& Venture Capital / Turn-Around Specialist / Merger & Acquisition
Integration.
A
versatile senior executive with a proven record of establishing
cross-functional partnerships to deliver solid results. Particularly adept at
streamlining and reorganizing organizations increasing profitability.
•
Global Strategic Financial Planning & Analysis
•
P&L Ownership & Management
•
Budgeting, Forecasting & Ad hoc Analysis
•
Divestitures • Business Development
•
Contract Negotiations
•
IPO Preparations
• Chapter 11 Reorganization
SKILLS AND EXPERTISE
Manufacturing / Operations / P&L Management / Project
Management / Strategic Alliances / Multi-Plant / Operations Leadership / Supply
Chain Leadership / Profit & Cost Improvement / Lean / Six Sigma Quality
Leadership / Strategic Planning and Implementation / Process Improvement / Multi-Site
Operations / Lean Manufacturing (5S) / Cost Accounting / Plant Accounting / Budget
Planning, Trend Forecasting, FAR / DCAA Compliance / Financial Statements /
Inventory Management / Change Management / Performance Analysis / Risk
Management / Software Implementations / Internal Controls / SOX / Banking &
Legal Relations / Policy and Process Alignment / Property, Sales and Use Tax / Production
Planning / Master Data Analyst / Cost Containment / Supply Chain Management /
Government Compliance
ACHIEVEMENTS
AND ACCOMPLISHMENTS
• Successfully integrated
Finance and Accounting functions under budgeted amount of time for acquired
company of complimentary type and size thus accelerating payback on investment
by one year.
• As CFO for subsidiary of
large public company, performed all aspects of acquisition and integration of
multi-location retail company.
• Working with CEO of
Start-up Company, grew business to over $200 million in revenue in less than
six years.
• While serving in dual role
of COO and CFO implemented changes in sales and marketing mix improving
marketing contribution as well as I reorganized company resulting in 50%
reduction in general and administrative expenses saving $6 million annually.
• Managing a staff of 46,
directing all accounting functions of major consumer products company
PROFESSIONAL EXPERIENCE
Plant Controller / Manager of
Finance
SANMINA, Costa Mesa, CA 2013
- 2014
Annual
Revenue $28 Million - Manufacturing
Joined
rapidly growing local division of large public company headquartered in Silicon
Valley to support operations management by providing daily, weekly, monthly and
quarterly financial support to circuit board manufacturing plant with sales and
profit and loss projections and statistical data. Also performed accounting
tasks consistent with Cost Accountant on a monthly basis in accordance with
GAAP and Company Policies.
Controller / Manager of
Finance
BRANAN MEDICAL CORPORATION,
Irvine, CA
2009 - 2013
Annual
Revenue $12 Million - Manufacturing
Implemented
comprehensive monthly reporting package maintaining financial and internal
control for local and overseas manufacturing facilities including consolidation
of multiple operations.
•
Initiated ad-hoc reporting of sales by customer and product to serve as a tool
in monitoring financial performance of the business on a weekly basis.
•
Partnered with the Chief Executive Officer producing a prospectus on the
financial history of the company and preparing financial valuation of the
business resulting in the successful sale of the domestic operations to a large
public company.
•
Saved in excess of $.5 M annually by evaluating efficiencies and profitability
of foreign subsidiaries and determining the redundancy in the manufacturing
process
Vice President Finance and
Chief Financial Officer
TC COSMOTRONIC, INC., Irvine,
CA
2002 - 2008
Annual
Revenue $10 Million - Manufacturing
Managed
all financial and administrative functions of high-tech circuit board
manufacturer to military and aerospace. Responsible for accounting, financial
analysis, treasury, insurance, human resources, information technology and
legal/contractual matters.
•
Working with venture capital backers and President/CEO of the company,
coordinated all aspects of “Chapter 11” reorganization and assisted the
President/CEO in the rebuilding of the business and successful sale of the
company.
•
Performed cash management duties to include cash forecasting, bank covenant
compliance and provided financing options to principals resulting in funding
through equity investments, bank loans, and surety bonds.
Vice President Finance /
Treasurer
STERLING TECHNOLOGY GROUP,
INC., Miami, FL 2000
- 2002
Annual
Revenue $15 Million - Software Developer
Directed
the financial and accounting functions for Sterling, a business solutions
provider and its subsidiary GoCruiseDirect.com, a start-up internet company
providing travel agents real-time access to cruise line cabin inventory.
•
Prepared timely reporting and analysis of financial information to equity
investors in the startup company and principal of the parent company.
•
Provided financial support and maintained a comprehensive business plan
resulting in successful second round of funding for the start-up company.
•
Created sensitivity analysis on potential dilution additional investors would
have on existing partners share holdings at varying levels of investment and
enterprise values
EDUCATIONAL
QUALIFICATIONS
MBA, University
of Phoenix, Phoenix, AZ
BS,
Accounting, Northern Illinois University, DeKalb, IL
SOFTWARE
SKILLS
Oracle,
Hyperion, Quick Books Enterprise Edition, MAS 90/200, Great Plains, Pro-Cim ERP
System
MS -
Excel, Windows, Power Point.
Other Profiles :