Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic

Eric Dalton

Talbott,TN

Summary

Results-oriented Chief Financial Officer with 25 years of experience in business economics, finance, and accounting. Strong history of achieving financial and non-financial business goals with adequate controls and planning. Strong analytical skills. Managed budgets of over $270 million. History of cutting costs and improving operations. Served as a U.S. Army Captain.

Overview

30
30
years of professional experience

Work History

CFO, COO, G.M.

HBF Development
01.2023 - Current
  • Led a start-up organic food processing company that became operational within ten months, producing 40,000 eggs per hour
  • Led a grain sourcing company that imported and sold grain to various mills in the U.S
  • Served as CFO, COO, H.R., I.T., G.M., and many other roles until hiring a leadership team
  • Retrofitted a plant that went from dirt floors to production in 9 months
  • Created a culture that emphasized that everyone is an integral part of the team
  • Fully staffed by the start of production with over 1000 additional applications
  • Placed bilingual people in critical positions to employ an underutilized Hispanic workforce
  • Worked with state and local governments and utilities for incentives totaling over $3 million.
  • Reduced operational costs by identifying areas for improvement and implementing cost-saving measures across various departments.
  • Ensured compliance with all regulatory requirements by staying current on industry developments and implementing necessary controls within the organization.
  • Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
  • Mentored finance team members, fostering a culture of professional growth and skill development within the department.
  • Enhanced cash flow management through the development of robust forecasting models, ensuring optimal liquidity for business operations.
  • Evaluated investment opportunities diligently, contributing to informed decisions regarding potential projects and their expected returns.
  • Drove revenue growth by developing pricing strategies that maximized both sales volume and profitability.
  • Negotiated favorable terms with vendors and suppliers, achieving significant savings on procurement expenses.
  • Presented financial results to board members and investors during quarterly meetings, maintaining transparency in communication regarding company performance.
  • Improved cash flow, retired debt and built cash reserves to control costs and enhance benefits.
  • Devised benchmarks to align goals and strategies with underlying financials.
  • Completed in-depth analyses of risks to control company profile, enhance systems, and track legal concerns.
  • Established and maintained strong relationships with customers, vendors and strategic partners.

Controller, G.M.

Corporate Management, Otics USA,
01.2019 - 01.2023
  • Led the Corporate Management Division, consisting of Finance and Accounting, Information Technology, Corporate Planning, and Planning Development
  • Worked with government agencies, TVA, and others to acquire over $23m in incentives and grants
  • Played a key leadership role in helping the company survive over two months of lost sales during the COVID-19 epidemic, finished the year profitable
  • Led decisions on financial, legal, and insurance matters and the 5-year business plan
  • Chaired company executive meetings and the annual plan strategy and results presentations
  • Responsible for logistics, EDI, inventory control, material ordering, and production planning.
  • Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
  • Prepared balance sheets, cash flow reports and income statements.

Division Head, General Manager

Otics USA
01.2017 - 01.2019
  • Led manufacturing and maintenance in producing over 50 million parts annually with capacity increases, new product launches, and 100% on-time delivery.
  • Established strong working relationships with stakeholders to maximize collaboration and achieve division objectives.
  • Ensured compliance with industry regulations and company policies, maintaining high standards of ethical conduct in all operations.
  • Mentored junior staff, fostering professional growth and development across the division.
  • Delivered training programs aimed at enhancing employee skills, knowledge, and competencies relevant to their roles in the division.
  • Evaluated team performance regularly using established metrics, providing constructive feedback for ongoing improvement efforts.

Division Head, Business Development Administration

Otics USA
01.2015 - 01.2017
  • Managed sales of over $200 million and purchasing of over $150 million for a tier-1 supplier
  • Managed Business Development and Project Management
  • Managed material conveyance, shipping and receiving, production planning, and inventory control
  • Led negotiation for pricing and cost reductions with suppliers and customers.
  • Served as an effective liaison between upper management and team members, facilitating open lines of communication for issue resolution.
  • Championed process improvements that led to increased operational efficiencies within the division.
  • Increased productivity by identifying areas of inefficiency and implementing targeted solutions for improvement.
  • Developed strategic plans to drive business growth and improve overall performance.
  • Collaborated closely with other division heads to develop integrated strategies that leveraged the strengths of each team for overall organizational success.
  • Led cross-functional teams for successful project completion within set deadlines.
  • Supervised daily planning, coordination and administration for division operations.

Manager, Finance and Accounting

Otics USA
01.2012 - 01.2015
  • Managed all accounting functions for a tier-1 automotive supplier with over $180 million in sales
  • Led kaizen projects in accounting and other areas of the company and all budget preparations
  • Significantly improved the accuracy of the ERP system and the financial reports
  • Analyzed and presented financial reports, costing analysis, and kaizen projects to the President/CEO.
  • Accomplished multiple tasks within established timeframes.
  • Enhanced customer satisfaction by resolving disputes promptly, maintaining open lines of communication, and ensuring high-quality service delivery.
  • Resolved staff member conflicts, actively listening to concerns and finding appropriate middle ground.
  • Maximized performance by monitoring daily activities and mentoring team members.
  • Cross-trained existing employees to maximize team agility and performance.
  • Controlled costs to keep business operating within budget and increase profits.
  • Monitored and analyzed business performance to identify areas of improvement and make necessary adjustments.
  • Achieved departmental goals by developing and executing strategic plans and performance metrics.
  • Streamlined workflows by identifying bottlenecks in existing systems and proactively addressing these challenges through appropriate solutions implementation.

Business/Operations Manager

ProTech Millwright Maintenance
01.2003 - 01.2010
  • Managed the daily operations of a general contractor and service company
  • Managed accounts payables, accounts receivables, payroll, purchasing, and all company financials
  • Managed estimating and contracts for industrial and commercial construction jobs
  • Managed construction of retail stores and industrial plants and heavy machinery installation.
  • Streamlined business processes by analyzing current procedures and implementing necessary improvements.

Operations Manager

Wachovia Bank
01.1998 - 01.2002
  • Managed a staff of 100 in Credit Operations, which processed and booked all Real Estate Secured Equity Bank Lines and Home Equity Loans for Wachovia Bank, amounting to over 63,000 lines of credit and loans totaling $3.24 Billion annually
  • Developed and implemented a performance measurement system, an incentive program, and a comprehensive audit that helped increase production and improve quality
  • Increased production and capacity by over 100%
  • Developed supervisors and analysts to become innovative leaders
  • Managed a 55% increase in volume without increasing staff and finished 7% under budget
  • Reduced unit cost by over 50%, which saved the bank over $2.4 million annually
  • Managed the Statement Rendering Department, which mailed over 1 million bank statements monthly
  • Improved production by over 150% and reduced errors by 95%
  • Reduced staff from 50 to 18 while performing the same amount of work
  • Budgeted and managed all departmental expenses and the division's $14m postage budget
  • Led initiatives to improve production and quality and reduce cost (3 million in cost savings).
  • Supervised operations staff and kept employees compliant with company policies and procedures.
  • Empowered employees to take ownership of their responsibilities, leading to increased accountability and improved performance outcomes.
  • Established positive and effective communication among unit staff and organization leadership, reducing miscommunications, and missed deadlines.
  • Facilitated smooth collaboration between departments through clear communication channels.
  • Managed budgets effectively, consistently delivering projects on-time and within financial constraints.
  • Achieved higher employee retention rates by fostering a positive work environment and providing opportunities for professional growth.
  • Developed and implemented strategies to maximize customer satisfaction.

Operations Officer (Logistics Manager), Captain

U.S. Army
01.1997 - 01.1998
  • Managed shipments, receipts, storage, warehousing, and inventories of $9 billion in supplies
  • Coordinated the workload for 450 personnel
  • Conducted inspections on subordinate units to ensure compliance with applicable regulations on explosive safety, storage, security, and accountability
  • Assisted in planning the logistical support to military deployments in Africa, Europe, and Asia.
  • Updated and published standard operating procedures (SOPs) using stakeholder, customer and employee input and feedback resulting in clearer and more useful instruction for users.
  • Provided excellent customer care to maintain and improve customer relations, strengthen loyalty and increase product and service sales.

Company Commander / Company Executive Officer

U.S. Army
01.1994 - 01.1997
  • Led a highly technical Explosive Ordnance Disposal Company and a large ammunition company
  • Managed a company of over 200 people with various occupational specialties
  • Led a company during deployment that provided support to over 16,000 soldiers and the logistics of over 6000 vehicles
  • Managed technical response teams in the deactivation and disposal of explosive devices
  • Supported the U.S secret Service in the protection of the President and other designated VIPs.
  • Mentored junior officers and enlisted personnel, contributing to their professional growth and career progression.
  • Enhanced team cohesion through fostering a professional environment focused on mutual respect and open communication.
  • Maintained high levels of discipline within the unit by enforcing standards consistently while providing constructive feedback for personal development.
  • Developed strong relationships with higher headquarters and external agencies, supporting effective collaboration and mission success.
  • Established clear expectations for subordinates through transparent communication of goals, objectives, and performance metrics.
  • Championed diversity initiatives, promoting an inclusive environment that valued individual strengths and perspectives.
  • Led successful military operations under challenging conditions, showcasing adaptability in dynamic environments.

Education

MBA -

Carson-Newman University
Jefferson City, TN
07.2012

B.S. in Accounting and Finance -

Carson-Newman University
Jefferson City, TN
05.2012

Honor Graduate -

The United States Naval Explosive Ordnance Disposal School
U.S Army
01.1994

Honor Graduate -

U.S. Army Ordnance Officer Basic Course
Redstone Arsenal, Alabama
01.1994

B.S. in Business Economics -

Carson-Newman University
Jefferson City, TN
05.1992

Skills

  • Financial Process Improvement
  • Financial Strategy Development
  • Regulatory Compliance Knowledge
  • Change Management Expertise
  • Performance metrics analysis
  • Corporate Governance Understanding
  • Strategic financial planning
  • Budget Development
  • Operational decision making
  • Business Forecasting
  • Financial Administration
  • Infrastructure development

Accomplishments

  • Staffing - Worked directly with Human Resources to streamline hiring and onboarding process.
  • Supervised team of 200 staff members.
  • Collaborated with a team of highly skilled members in the development of a food processing start-up company
  • Achieved operations of a start-up organic food processing company by completing optimal operations accurately and efficiently.
  • Used Microsoft Excel to develop inventory tracking spreadsheets.
  • Documented and resolved understaffing issues, which led to full staffing for production purposes with over 1000 additional applications.

Timeline

CFO, COO, G.M.

HBF Development
01.2023 - Current

Controller, G.M.

Corporate Management, Otics USA,
01.2019 - 01.2023

Division Head, General Manager

Otics USA
01.2017 - 01.2019

Division Head, Business Development Administration

Otics USA
01.2015 - 01.2017

Manager, Finance and Accounting

Otics USA
01.2012 - 01.2015

Business/Operations Manager

ProTech Millwright Maintenance
01.2003 - 01.2010

Operations Manager

Wachovia Bank
01.1998 - 01.2002

Operations Officer (Logistics Manager), Captain

U.S. Army
01.1997 - 01.1998

Company Commander / Company Executive Officer

U.S. Army
01.1994 - 01.1997

MBA -

Carson-Newman University

B.S. in Accounting and Finance -

Carson-Newman University

Honor Graduate -

The United States Naval Explosive Ordnance Disposal School

Honor Graduate -

U.S. Army Ordnance Officer Basic Course

B.S. in Business Economics -

Carson-Newman University

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Eric Dalton