Family
Austin Matt
Finance Executive
Friendswood,Tx
Summary
Proactive and results driven senior finance executive with professional experience leading and consulting accounting and finance operations for family-owned businesses and private equity portfolio companies. Experience advising businesses and owners through transactions including sell-side M&A, restructures, and divestitures. Track record of serving businesses ranging from small to mid-size, across various industries including real estate, healthcare, oil and gas, professional services, technology, construction, industrials, and distribution. Proven success turning around underperforming accounting and finance operations, identifying organizations’ financial goals and developing strategic growth plans, improving cash flow and increasing transparency for current and future liquidity and working capital demands, as well as many other value-added services allowing organizations, owners, and investors to visualize and reach their goals. Proven ability managing people and processes effectively with a focus on leveraging the benefits of technology and automation to improve business processes, reduce lead-times, and deliver insightful financial and operational data in real-time.
Overview
13
13
years of professional experience
6
6
years of post-secondary education
Work History
Director
Empower CFO
Houston, TX
09.2022 - Current
- Served as the Fractional CFO and trusted advisor to numerous small to midsize businesses across various industries such as Healthcare, Oil & Gas, Construction, and Real Estate.
- Advised clients through M&A transactions providing sell-side advisory, due diligence support, and advising on divestitures.
- Advised clients through restructure of debt and secured financing to fund growth through investment and strategic initiatives.
- Trained and guided team members to maintain high productivity and performance metrics.
- Oversaw operations and provided feedback to achieve daily and long-term goals.
- Oversaw complex negotiations with suppliers/vendors for favorable contract terms that led to cost savings.
- Managed risk effectively by instituting comprehensive mitigation strategies across the organization''s operations.
- Implemented robust financial controls and reporting systems, ensuring accurate forecasting and budget management.
- Promoted a culture of continuous learning by investing in employee development programs and resources.
- Developed comprehensive business plans, outlining long-term goals and actionable steps toward success.
- Championed process improvement initiatives to streamline workflows, reduce costs, and enhance productivity.
- Directed large-scale projects from inception to completion on time/budget with strict adherence to quality standards.
- Launched innovative products/services that captured new market share while maintaining competitive pricing structures.
- Delivered consistent revenue growth by identifying new business opportunities and expanding service offerings.
- Implemented business strategies, increasing revenue, and effectively targeting new markets.
Vice President of Finance & Controller
Code Ninjas
Houston, TX
08.2021 - 06.2022
- Directed and monitored all financial affairs, including accounting, control, treasury, reporting, planning, internal audit, budgeting, financial modeling, and financial systems
- Ensured timely delivery of consolidated financial and management reporting and high-quality business and tax planning, budgeting, and financial analysis; facilitated development of robust financial analytics and metrics
- Developed and implemented internal accounting and financial programs and policies as well as internal control processes
- Developed operating and financial budgets and hold all employees (including the executive team) accountable to budget compliance
- Produced and managed monthly forecasting, financial and operational analyses, as well as quarterly earnings and forecasting models; communicating performance results to private equity sponsors on a recurring basis
- Managed and complied with local, state, federal, and international government reporting requirements, and tax filings
- Oversaw the month-end close process, constantly reviewing procedures while eliminating inefficiencies
- Continued to improve efficiency and find ways to improve margins through collaboration on continuous improvement initiatives.
Vice President of Finance & Controller
Liberty Flare
Houston, TX
06.2019 - 08.2021
- Worked with CEO to Increase in job margins by negotiating updated pricing through MSA’s while simultaneously growing annual sales in the first 12 months, post-acquisition
- Worked closely with core team to reduce Accounts Receivable DSO by 31% and month-to-month Unbilled Revenue by 89%, improving free cash flow and reducing demand on working capital
- Assisted in identifying and growing lower-cost, higher-margin service lines, targeting new customers in Malaysia, Africa, and Taiwan, despite the ongoing global Covid-19 Pandemic
- Worked with lenders to restructure debt agreements, procure performance bonds, identify cost-saving financial products, facilitate foreign transactions, and provide periodic reporting to support compliance with banking covenants
- Played an integral role in procuring vital PPP funding to support operations through the Covid-19 Pandemic and developed a strategic business plan to put PPP funding to best-use, saving jobs while simultaneously adding value in excess of PPP funding, to the balance sheet
- Created and established yearly financial objectives that align with the company’s aggressive growth model
- Developed and maintained monthly operating budget and annual company operating budget models
- Assessed and evaluated financial performance with regards to long-term operational goals, budgets, and forecasts
- Provided insight and recommendations to the Board of Directors for short-term and long-term growth plan of business
- Managed liquidity and debt facilities to eliminate working capital constraints and maintain compliance with debt covenants
- Utilized forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budget, manage cashflow to ensure liquidity demand met with short and long-term working capital requirements, and to ensure the company remained compliant with lender covenants
- Prepared and presented the monthly reporting package and quarterly board decks to the Private Equity Sponsors and Board of Directors
- Maintained outstanding relationships with Lending Partners and Private Equity Sponsors
- Designed and Implemented policies, procedures and processes for AR, AP, Credit Risk, Sales/Quoting, Purchasing, Project Management, and Billing; as well as other policies relating to Human Resources and IT
- Achieved GAAP compliance by retroactively converting accounting records from cash-basis to accrual-basis under tight deadlines to successfully facilitate the initial opening balance sheet and first-year financial statement audits
- Recruited and served as the key point of contact for external auditors
- Managed the preparation and support of all external audits
- Improved job-cost transparency and reduced waste by implementing effective project management
- Supervised the accounting department to ensure proper functioning of all systems, databases, and financial software, as well as the month-end close process, ensuring timeliness and accuracy of financial and management reporting, application of internal controls, GAAP compliance, and financial procedures
- Identified and acquired systems and software to support critical accounting and reporting demands
- Prepared quarterly/annual filings and payments for federal and state tax requirements.
Assistant Controller & Data Analyst
Tube Supply
Houston, TX
01.2017 - 06.2019
- Assist in the monthly close (avg
- 5-7 days), preparation of monthly and annual financial statements, creation of internal controls, cash flow and budget projections, inventory reconciliation and strategic tax planning
- Manage accounts payable, accounts receivable, fixed assets, credit/risk, account reconciliations, business intelligence, and employee expense reporting
- Coordinate with external auditors during audit periods in both Canada and the United States
- Interview accounting, sales and admin candidates, and train accounting/finance staff across all 3 locations in day- to-day accounting functions for accounts payable, accounts receivable, credit and collections, internal reporting, financial analysis, business intelligence, and other routine accounting functions
- Develop dashboards for reporting and monitoring for management, accounting/finance, sales, purchasing, quality control, transportation, and operations
- Negotiate contracts, review customer/vendor credit agreements and lead change management for SaaS solutions such as Enterprise Resource Planning, Business Intelligence and Employee Performance Review - made the entire 365-degree review process paperless and cut time required for the tri-annual reviews by over 50%.
Associate
Mohle Adams, LLP
Houston, TX
07.2014 - 01.2017
- Successfully served in a dual capacity in both Tax & Audit service lines.
- Assisted in providing assurance services and tax return preparation for high net-worth individuals, estates and trusts, partnerships, s-corps, and exempt organizations
- Assisted in providing consulting services related to financial reporting, tax planning, and cash-flow forecasting
- Assisted in providing litigation support such as detailed reconciliations of cash, brokerage, and other accounts/assets under trust management, and issued detailed financial statements
- Lead training meetings for staff over topics including updates to current software, research involving stock basis identification and periodic activities of stocks such as spin-offs, stock-splits, cash-in-lieu, and stock dividends.
Analyst
Coldwell Banker Commercial Advisors
Houston, TX
09.2013 - 07.2014
- Helped clients make optimal decisions on amounts and timing of capitalization.
- Analyzed market trends and economic data to make informed recommendations for clients'' portfolios.
- Streamlined communication between investment advisors and support staff, resulting in improved efficiency and client service.
- Developed strong relationships with clients, resulting in increased trust and long-term business growth.
- Met with clients to generate new business and negotiate contracts.
- Created and maintained precise and accurate models, charts and reports.
- Maintained a strong network of industry professionals to exchange ideas, market insights, and potential investment opportunities.
- Established key procedures for teams preparing documentation, models, and presentations.
- Assisted in preparation of presentations, data tables and other documents for investor meetings.
- Conducted thorough due diligence on potential investments, minimizing exposure to unsuitable opportunities for clients.
- Developed financial projections and forecasts to guide investment decisions.
- Conducted due diligence on potential investments and presented findings to investors.
- Researched macroeconomic, industry and company-specific data to inform investment decisions.
Airborne Infantryman
United States Army
Various Locations
05.2011 - 11.2013
- Honorable Discharge – Medically Retired
- Ensured personnel safety by strictly adhering to standard operating procedures during airborne operations.
- Observed all safety regulations when working in or near hazardous zones.
- Participated in after-action reviews, providing valuable input to enhance future mission planning and execution.
- Reacted quickly under pressure, making sound decisions that contributed to successful outcomes in time-sensitive scenarios.
- Enhanced team efficiency by conducting regular training sessions and drills for Airborne Infantry tasks.
- Managed weapons systems and equipment proficiently, ensuring operational readiness at all times.
- Contributed to unit readiness by maintaining physical fitness standards and participating in rigorous training exercises.
- Demonstrated leadership abilities by mentoring junior soldiers on tactics, techniques, and procedures related to Airborne Infantry operations.
- Utilized excellent navigation skills for accurate land navigation during movements or while establishing observation posts.
- Maintained secure communication systems to relay information to and from command teams.
- Produced reports on equipment status, incidences, personnel readiness and intelligence for superiors.
Education
MBA - Masters of Business Administration
University of St. Thomas
Houston, TX 01.2019 - 05.2023
BBA - Finance
University of St. Thomas
Houston, TX 09.2013 - 05.2023
BBA - Accounting
University of St. Thomas
Houston, TX 09.2013 - 05.2023
Skills
- Banking & Relationships
- Sell-Side M&A and Restructuring
- Credit Risk & Treasury Management
- Financial Planning & Analysis (FP&A)
- Business Intelligence & Data Analytics
- Cash Flow & Adv Financial Modeling
- Financial Reporting (US GAAP)
- Investor Reporting
- Design & Implementation of Internal Controls
- Accounting Information Systems
- Automation & Software Implementation
- Strategic Planning
- Process Improvement & Change Management
- Project Management
- Corporate Development
- Organizational & Staff Development
Work Preference
Work Type
Full TimeContract WorkGig WorkLocation Preference
On-SiteHybridRemoteImportant To Me
Career advancementWork-life balanceCompany CultureHealthcare benefitsStock Options / Equity / Profit Sharing401k matchInterests
Golf
Hunting & Fishing
Software
Sage Intacct
QuickBooks Online
QuickBooks Desktop
Syft
Sisense
Power BI
Microsoft Office Suite
Microsoft Excel (VBA/Macros/Modeling)
Languages
English
Native or Bilingual
Affiliations
- CFO Leadership Council
- University of St. Thomas - Alumni
- Veteran - US Army
Timeline
Director
Empower CFO
09.2022 - Current
Vice President of Finance & Controller
Code Ninjas
08.2021 - 06.2022
Vice President of Finance & Controller
Liberty Flare
06.2019 - 08.2021
MBA - Masters of Business Administration
University of St. Thomas
01.2019 - 05.2023
Assistant Controller & Data Analyst
Tube Supply
01.2017 - 06.2019
Associate
Mohle Adams, LLP
07.2014 - 01.2017
Analyst
Coldwell Banker Commercial Advisors
09.2013 - 07.2014
BBA - Finance
University of St. Thomas
09.2013 - 05.2023
BBA - Accounting
University of St. Thomas
09.2013 - 05.2023
Airborne Infantryman
United States Army
05.2011 - 11.2013