Summary
Overview
Areas Of Knowledge And Expertise
Work History
Education
Recognition
Generic
JAMES E. KAUDERER, JR.

JAMES E. KAUDERER, JR.

CFO/INTERIM CFO
EAST AURORA,NY

Summary

Accomplished strategic finance leader with twenty-three years of proven ability to build lean finance and accounting teams, leverage technology to drive enterprise-wide efficiencies, bring sophistication to financial reporting, deliver data driven, actionable information to key business leaders, and provide the foundational backbone and unique strategic voice to drive exponential growth for small to mid-size companies.

Overview

22
22

Years of Professional CFO Experience

5
5

Years of P/E Sponsored CFO/Interim CFO Experience

Areas Of Knowledge And Expertise

  • P/E Backed Portfolio Company CFO Experience
  • Board & Shareholder Presentation/Reporting
  • Budgeting & Forecasting
  • Wholesale Distribution Finance/Accounting Lead
  • Mergers & Acquisitions Diligence & Integration Lead
  • Construction Management Finance Lead (WIP/PoC Acct)
  • Revenue Growth and Margin Improvement
  • Strategic & Financial Plan Development (FP&A)
  • Percentage Completion/Recurring Revenue Proficiency
  • Financial Performance Analytics
  • Company Turnaround/Restructuring
  • Treasury Management/Solutions
  • Corporate Accounting, Tax & Audit
  • Balance Sheet Management/Optimization
  • Bank and Institutional Capital/Corporate Finance
  • Financial Statement Analysis
  • Organizational Design & Realignment
  • Corporate Risk Management
  • Human Resources Support
  • Company Formation / Corporate Structuring
  • Customer/Employee Retention Strategies

Work History

Interim CFO (Post Acquisition) Representing Private Equity Sponsor

Tatum by Randstad
10.2024 - Current
  • Company Overview: Engaged by Private Equity Sponsor as Interim CFO to lead the integration of a newly acquired $50 million distribution company located in Southern Erie County, NY (Asset Purchase)
  • Lead the completion of a detailed 100-Day Integration Plan
  • NewCo Business Licensing in twelve states
  • NewCo Sales & Use Tax registration in twelve states
  • NewCo Withholding & SUI registrations in eleven states
  • Establishment of new bank accounts and transition of operations to new accounts
  • Lead audit associated with transition of business to new insurance provider/coverage
  • Overhauled Company monthly accounting close and reporting initiatives
  • Developed new templates to support comprehensive monthly/quarterly reporting to the Board, Lenders, Bank, and other Third-Party Stakeholders
  • Constructed 5-year historical financial performance summary statements, charts, and tables to provide perspective/context and support variance analyses and base metrics driving forecast models
  • Reported weekly bookings and aging reports to Platform Company management
  • Constructed the Company’s first-ever Financial Forecast Plan and collaborated with executives of the Platform Company to integrate the plan into the Platform Company’s aggregated Annual Operating Plan (AOP)
  • Created daily liquidity and 13-Week Cash Flow reports to support cash allocation decisions and protect working capital position/strength
  • Worked with Platform Company’s finance team to deliver monthly Inventory and A/R Aging reports to support the revolving line of credit borrowing base capacity
  • Completed extensive field audit with bank representatives to support efforts to renegotiate Credit Agreement and increase the Line of Credit
  • Supported post-close operational and accounting audit work leading to the establishment of NewCo’s Proforma Opening Balance Sheet
  • Engaged by Private Equity Sponsor as Interim CFO to lead the integration of a newly acquired $50 million distribution company located in Southern Erie County, NY (Asset Purchase)

Interim CFO/COO

Native Pride
02.2023 - 12.2023
  • Company Overview: Native American Owned Business
  • Completed Assessment of Company Operations/Staff/Structure
  • Delivered a comprehensive Restructuring Plan to the Owner
  • Closed fiscal 2022 - Financials had not been formally closed since April 2022 (10-months prior to my arrival)
  • Assumed position as lead liaison with Third-Party Stakeholders:
  • Insurance: Successfully completed FY2022 audit and comprehensive renewal effort
  • Bank: Completed transition from legacy bank to new banking partner; formally closed and support new Term Loan Facility
  • Accounting/Tax: Lead managed relationship with our Accounting and Tax Consultancy to timely file 2022 returns and complete FY2022 compilations
  • Legal: Lead contact on current litigation items
  • H/R: Lead contact with third-party Payroll and HR team; Benefits & 401k
  • IT: Established relationship with a new third-party IT Consultancy Firm
  • Positioned restructuring of Back Office Accounting and Finance Staffing
  • Shuffling of current staff
  • Identification of three new FTE's: Senior Controller; Director of Operations; Purchasing Manager
  • Collaborated with Outsourced Controller to establish formal policies/procedures for financial close
  • Native American Owned Business

Chief Financial Officer

Arc Building Partners LLC
06.2020 - 06.2022
  • Company Overview: Construction Management – Financial Analysis, Budgeting and Forecasting
  • Prepared and presented monthly/quarterly financial reports including profit and loss, forecast vs
  • Budget variance and associated analytics
  • Coordinated with Company Controller to prepare and present monthly Working in Progress (WIP) Schedule
  • Developed and maintained detailed, project-driven 3-Year financial forecast model
  • Completed integration of a NJ acquisition asset that increased development backlog, revenues, and headcount by greater than 100%
  • Monitored project bill and charge rates to ensure inclusion of all costs, including corporate insurance costs (GL, Umbrella, CPPI) and direct personnel expenses
  • Lead relationship manager with key third-party partners, including the Bank, Insurance, and other stakeholders (including the sureties)
  • Explored and reviewed new M&A/JV investment opportunities and provided recommendations to the CEO on potential returns and risks
  • Ensured that Scorecards and KPIs exist for each function in the Company as part of the EOS process
  • Attended the weekly EOS Level 10 meetings for the Senior Leadership team to review progress on key initiatives and Quarterly Rocks
  • Developed and maintained daily liquidity report and 13-week cash flow forecast model
  • Lead all treasury activities including cash and security asset management
  • Construction Management – Financial Analysis, Budgeting and Forecasting

Chief Financial Officer

BHS Foodservice Solutions LLC
12.2018 - 05.2020
  • Company Overview: C-Suite executive of a private equity backed, premier provider of design, construction project management, installation, and wholesale distribution services of commercial kitchen equipment and smallwares
  • Developed and implemented policies and procedures for financial reporting and monthly close
  • Monitored the company’s financial condition and oversee the preparation, timely closing, and presentation of monthly and annual financial statements
  • Lead the implementation of proper project accounting processes, converting the Company to a percentage-to-completion (WIP) close, ensuring the proper tracking and accounting progress of multiple ongoing projects
  • Developed and maintained daily liquidity report and 13-week cash flow forecast model
  • Lead relationship manager with outside third parties to manage all accounting and reporting activities
  • Supported strategic planning objectives, working with the senior leadership team and key staff in conducting financial analysis of current and proposed activities
  • Prepared long-term strategic financial plan and annual budget
  • Completed the integration of a like-sized asset acquisition in downstate NY, deepening the Company’s project pipeline and doubling consolidated revenues to approximately $60 million
  • Developed, implemented, managed, and monitored long-term capital plan and asset allocation
  • Lead effort to correct severely aged receivable balance to further enhance liquidity in an extremely over-extended balance sheet environment
  • C-Suite executive of a private equity backed, premier provider of design, construction project management, installation, and wholesale distribution services of commercial kitchen equipment and smallwares

Founder/Consultant

SmartCFO LLC
11.2016 - 12.2018
  • Company Overview: SmartCFO is a Buffalo, NY area based Strategic Growth Consultancy business providing interim to full-time executive financial management and planning services to small to mid-size emerging growth companies
  • Given an ever evolving and challenging market and regulatory landscape, sound corporate finance functionality continues to grow in importance, especially for emerging companies whose attention is often drawn elsewhere
  • SmartCFO addresses these corporate challenges, delivering a turn-key financial planning solution to our clients, providing essential business and financial planning oversight to help foster sound and efficient growth strategies
  • SmartCFO is a Buffalo, NY area based Strategic Growth Consultancy business providing interim to full-time executive financial management and planning services to small to mid-size emerging growth companies

Chief Financial Officer

NetVersant Solutions LLC
01.2015 - 06.2016
  • Company Overview: C-Suite executive of a private equity backed, premier provider and installation of advanced communications, wireless and networking solutions
  • Finance lead in turnaround initiative for distressed asset, effecting a detailed “right-sizing” plan as the company transitions from a nationally recognized structured cabling company to a market leading, recurring revenue, higher margin SaaS unified communication services business model
  • Managed all finance and accounting functions within the firm, including primary responsibility for WIP management and percentage of completion accounting of the company’s projects to support the timely compilation of monthly financial statements and quarterly financial performance review with the Board
  • Developed 4-week daily, 13-week forward cash forecast models to support daily cash management activities and liquidity discussion/presentation to portfolio team and PE Board
  • Constructed and maintained a detailed monthly five-year financial model to support restructuring effort and new business development initiatives, track, forecast, analyze, and manage the company’s operating/financial performance, liquidity position and future working capital and growth financing needs
  • Lead relationship manager with current and legacy vendors, union partners and legal counsel, tasked with managing aged payable position and negotiating favorable payment terms
  • Prepared and presented detailed monthly, quarterly, and annual reports to the PE Board and portfolio team, updating all parties on the financial performance and liquidity position of the Company
  • Lead the company’s conversion and implementation of a new financial reporting and accounting and project management solution, transitioning the company from a dated and obsolete legacy system
  • C-Suite executive of a private equity backed, premier provider and installation of advanced communications, wireless and networking solutions

Executive Vice-President, CFO & Treasurer

OTC Global Holdings LP
10.2002 - 10.2014
  • Company Overview: Senior executive directing the financial management, business planning, financial reporting and analysis, investment evaluation, capital management, treasury management, audit, tax planning and reporting needs for an international, institutional energy commodity brokerage firm with revenues of greater than $145.0 million (10.5% 5-Year CAGR) and 20% EBITDA margins
  • Contributing member of the strategic growth team tasked with identifying and evaluating potential acquisition targets, structuring identified M&A transactions, leading expansion into London/European markets and securing access to third-party equity and debt capital as necessary to fund the company’s focused M&A and organic growth strategy
  • Built the Company’s finance group from scratch and lead the implementation of stringent capital allocation procedures and greater financial structure, efficiency, and discipline
  • Prepared and presented detailed monthly, quarterly, and annual reports to the Board, Membership Interest Holders, Senior Management and banking relationship, updating all parties on the financial performance of the Company
  • Lead-managed the due diligence process on four acquisitions OTCGH completed in the 2007-2009 period
  • Structured all four of the paper-for-paper or paper/cash-for-paper transactions
  • Boosted annual revenues by greater than $40 million
  • Teamed with the company’s CAO to effect the successful, seamless, and timely finance/operations/systems integration of the acquired Houston and New York City assets
  • Successfully structured and closed a $20 million private equity capital raise, leading OTCGH’s team through the diligence and term negotiation processes
  • Teamed with the CEO on extensive and intensive roadshow in support of effort to raise $50 million to $75 million in convertible preferred equity capital
  • Constructed a comprehensive data room and directed all due diligence meetings with interested parties, resulting in the successful path to a negotiated formal term sheet
  • Directed the company’s conversion and implementation of a new financial reporting and accounting management solution
  • Constructed and maintained a detailed monthly five-year financial model to track, forecast and analyze the company’s operating/financial performance, ongoing liquidity position and future working capital and growth financing needs
  • Initiated and cemented a new commercial banking relationship, positioning the firm to implement a more efficient and cost-effective banking and cash management program with a reputable financial institution
  • Secured a $20 million receivables based revolving line of credit and $4 million subordinated note financing providing the working capital financing tools necessary to deliver on the Company’s strategic growth initiatives
  • Senior executive directing the financial management, business planning, financial reporting and analysis, investment evaluation, capital management, treasury management, audit, tax planning and reporting needs for an international, institutional energy commodity brokerage firm with revenues of greater than $145.0 million (10.5% 5-Year CAGR) and 20% EBITDA margins

Education

MBA - Finance

Columbia Business School
New York, NY
01.1996

BA - Economic

Columbia University
New York, NY
01.1991

Recognition

  • Two-time finalist for the annual Houston Business Journal’s 'Best CFO of the Year Award.'
  • Named finalist, for two consecutive years, by the Houston Business Journal. The award recognizes the outstanding performance of Houston-area finance professionals in their roles as corporate finance stewards.

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JAMES E. KAUDERER, JR.CFO/INTERIM CFO