DOUGLAS BROOMES

Provides customized heavy equipment design and build services for the oilfield, industrial and commercial heavy equipment industries

• Introduce strategic financial planning & analysis functions to manufacturing company to allow for growth and increased profitability
• Established sales quoting tool to increase profitability by 38%
• Develop relationships with financial institutions to secure lines of credit for working capital and growth initiatives
• Experienced professional in M&A financial preparation and consulting
• Establish working capital optimization models to ensure cash flow for continued operations

Father and son run business where the son is primarily involved in daily operational activities and the father is involved in providing executive oversight and direction with revenues increasing 123% in most current year

• Company provides land clearing services includes forestry mulching, selective clearing, construction site preparation and other related services

($440MM Revenues / 1,400 Employees) Led a complimentary suite of well intervention product offerings with footprint of 8 US and International manufacturing locations and 7 Sales and Service locations employing 1,400+ worldwide

• Demonstrated proficient leadership skills to motivate employees and build competent cross-functional teams
• Responsible for capital allocation and free cash flow creation across manufacturing and service centers
• P&L responsibility for business unit realizing $440MM in revenues, 20+% EBITDA with global manufacturing
• Led working capital reduction effort achieving 13% decrease in overall working capital requirement

1.5B Revenues / 5,000 Employees) Key member of executive management team overseeing organic and M&A initiatives for 20+ manufacturing operations worldwide, as well as deal sourcing, analysis and execution

• Managed all finance and accounting department functions during high growth market conditions
• Implemented new ERP systems to gain consistency in reporting results and other metrics
• Established mid quarter training sessions to keep members up to date on corporate and business unit reporting requirements
• Developed and pushed out internal quantitative and qualitative financial reporting metrics
• Responsible for FP&A functions for $1.5B business unit

• Special projects role established with merger of National Oilwell and Varco to work with Deloitte valuation team to mitigate material weakness
• Implemented methodology to push down purchase price adjustments to PP&E and intangible assets in excess of $1B over 200+ legal entities

Leadership role in the Pipeline Service division responsible for the finance and accounting functions for an international consolidated business unit

• Directed FP&A functions, consolidations, cashflow management, hedging activities

• Coordinated 100+ legal entities and finance teams worldwide with Annual, Quarterly and Monthly financial planning/forecasting requirements
• Cultivated environment amongst operational leads to identify financial indicators and improve forecasting accuracy
• Other roles at NOV included Hyperion (HFM) Administrator for consolidation software, and Senior Accounting roles preparing SEC filings, consolidations and audit coordination functions