Summary
Overview
Work History
Education
Skills
PERFORMANCE HIGHLIGHTS
Timeline
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James Sutphin

James Sutphin

Senior Financial Executive
Princeton,WV

Summary

SENIOR FINANCIAL EXECUTIVE

FINANCIAL MANAGEMENT | STRATEGIC PLANNING & ANALYSIS | REVENUE OPTIMIZATION | TEAM LEADERSHIP

Accomplished Senior Financial Executive with over 15 years of progressive experience in finance, demonstrating expertise in strategic planning, financial analysis, and team leadership. Proven track record of driving significant profit increases, optimizing financial operations, and enhancing reporting processes. Skilled in fostering strong relationships with senior executive management, third-party stakeholders, and cross-functional teams to achieve financial and operational goals.

Overview

20
20

REVENUE OPTIMIZATION

20
20

CROSS FUNCTIONAL TEAM LEADERSHIP

20
20

FINANCIAL MANAGEMENT

20
20

PROCESS IMPROVEMENT

20
20

COMPLIANCE & CONTROLS

Work History

FRACTIONAL CONTROLLER

Seafarer Consulting
, West Virginia
02.2024 - Current

• Enhanced monthly financial statements for clients, streamlining reporting processes and increasing efficiency by 20%.
• Upgraded financial statement models, leading to improved decision-making support and operational insights.
• Managed and optimized a team of 3+ offshore accountants, boosting productivity by 30% and ensuring high-quality financial operations.

FRACTIONAL CONTROLLER

American Legion Post 93
01.2006 - Current

• Successfully implemented QuickBooks Online, enhancing accounting processes and financial reporting efficiency.
• Prepared comprehensive financial statements and Form 990s, showcasing expertise in non-profit financial management and compliance.

ASSISTANT CONTROLLER

Elgin Separation Solutions (Tabor Machine)
, West Virginia
02.2022 - 01.2023

• Secured $2M in collections of delinquent accounts receivable and achieved $100K in business property tax savings through effective financial strategies and negotiations.
• Conducted detailed account reconciliations and trend analyses, enhancing financial accuracy and oversight.

CFO & CONTROLLER

Digital Video Group, Inc.
, Virginia
11.2016 - 02.2020

• Drove $800K in profit via cash discounts and merchant fee elimination, bolstering financial health and efficiency.
• Served as a revenue recognition expert for $100M in revenue, including SaaS revenue stream, enhancing revenue accuracy and compliance.
• Fulfilled comprehensive controller responsibilities for a medium-sized business, overseeing all financial operations.

CFO & CONTROLLER

Evan Energy Investments (Minerals Refining)
, VA
04.2014 - 10.2016

• Oversaw the entirety of the accounting, finance, purchasing, and HR functions, securing a $1.2M government grant to fuel startup growth.
• Led the creation of board and investor presentations, including a 20-year cash flow model, enhancing financial strategy and investor relations.

VICE PRESIDENT & CFO REVENUE & LOGISTICS

Alpha Metallurgical Resources (Massey Energy)
, VA
01.2007 - 03.2014

• Spearheaded $2B profit growth via strategic contract negotiations, revenue optimization, and effective insurance claim collections.
• Ensured $30B in revenue compliance with GAAP and ASC 606, showcasing advanced expertise in financial standards and regulations.
• Excelled in litigation support and complex financial communications, enhancing company-wide understanding of financial data.

Education

Bachelor of Science - Accounting

Concord University
Athens, WV

Skills

Financial Oversight & Reporting Strategic Planning & Analysis Budgeting & Forecasting Audit & Tax

Cash Flow Management Contract Negotiations Supply Chain Management SOX Compliance Stakeholder Engagement

Public Company Financials & Compliance M&A and Post-Merger Integration Communicating Financial Data

Financial Statement Preparation, MD&A, Board Presentation A/R & A/P Management Payroll & Benefits Administration Foodservice & Retail Accounting Monthly Close Process ASC 606 & SaaS Transactions BOD Materials & Presentations

ERP Module Deployment & Training Relationship Building with Banks, Vendors, & Customers Annual Audit Management Executive Management Support Insurance Claim Valuation Ad-hoc Reporting & Projects Litigation Support

Profit Maximization Government Contracting

Lawson Oracle NetSuite QuickBooks MS Office ASC 606 & SaaS Transactions

PERFORMANCE HIGHLIGHTS

v Strategic Financial Leadership: Spearheaded initiatives resulting in annual profit increases of $300M through strategic financial planning and revenue optimization.

v Process Improvement: Managed and improved financial statement models and monthly close processes, enhancing efficiency and accuracy.

v Compliance & Controls: Successfully implemented SOX processes and controls for a Fortune 500 Company, ensuring compliance and risk mitigation.

v Relationship Building: Developed and maintained robust banking, vendor, and customer relationships, contributing to improved financial stability and growth.

Cross-functional Team Leadership: Led cross-functional teams, providing financial management support and expertise across manufacturing, distribution, energy, and retail sectors.

Timeline

FRACTIONAL CONTROLLER

Seafarer Consulting
02.2024 - Current

ASSISTANT CONTROLLER

Elgin Separation Solutions (Tabor Machine)
02.2022 - 01.2023

CFO & CONTROLLER

Digital Video Group, Inc.
11.2016 - 02.2020

CFO & CONTROLLER

Evan Energy Investments (Minerals Refining)
04.2014 - 10.2016

VICE PRESIDENT & CFO REVENUE & LOGISTICS

Alpha Metallurgical Resources (Massey Energy)
01.2007 - 03.2014

FRACTIONAL CONTROLLER

American Legion Post 93
01.2006 - Current

Bachelor of Science - Accounting

Concord University
James SutphinSenior Financial Executive