Monday, 15 August 2016

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