Summary
Overview
Work History
Education
Skills
Affiliations
Military Service
References
Timeline
Generic

John A. Millspaugh

Boynton Beach,FL

Summary

Accomplished executive with extensive experience in operational management and financial reporting. At Best Security Industries, Inc., drove $11M revenue growth by streamlining procedures and enhancing efficiencies. Skilled in problem solving and effective communication, delivering strategic insights and fostering strong relationships to achieve organizational success.

Overview

32
32
years of professional experience

Work History

Owner/Operator

Loss Prevention Distributors, Inc.
Delray Beach, FL
01.2013 - Current
  • Company Overview: Importer and national distributor of electronic article surveillance (EAS) equipment and supplies.
  • Directed strategic planning, general management, sales, operations, accounting, finance, human resources, logistics, and administration.
  • Cultivated and strengthened relationships with international manufacturers to secure favorable terms, pricing, and availability.
  • Analyzed inventory profitablility reports and established pricing models that balanced competitiveness with profitability goals.

Chief Operating Officer

Best Security Acquisition, LLC
Delray Beach, FL
04.2006 - 09.2012
  • Company Overview: Importer and international distributor of EAS equipment and supplies.
  • Directed inventory control, procurement, logistics, and technician service support as integral part of Executive Management Team.
  • Conducted detailed inventory audits while finalizing two competitor acquisitions, contributing to $9M increase in revenue.
  • Facilitated transition to cloud ERP software solution, NetSuite, improving customer and product visibility and operational efficiency.
  • Delivered inventory valuation segment during quarterly Board of Directors meetings, encompassing current positions, turns, opportunities, and threats.

Chief Financial Officer

Best Security Industries, Inc.
Delray Beach, FL
09.2000 - 04.2006
  • Implemented multi-user accounting software solution with comprehensive financial reporting, transitioned to perpetual inventory system, enhancing sales and inventory procurement strategies.
  • Analyzed business operations, trends, costs, revenues, financial commitments and obligations to project future revenues and expenses.
  • Executed operational infrastructure, streamlined procedures, and introduced efficiencies facilitating revenue growth of $11M in 6 years.
  • Partnered with CPA to compile annual financial reports and tax returns following Generally Accepted Accounting Principles.
  • Engaged with PE firm during a leveraged buyout, offering financial and operational data critical to developing financial models.

Vice President, Financial Operations

Paragon Group
Delray Beach, FL
01.1994 - 12.2000
  • Company Overview: Hospitality management firm specializing in corporate event management, promotional marketing, gourmet catering, floral design, and production, including an iconic restaurant.
  • Led strategic and operational management for all financial planning, analysis, accounting, human resources, and administrative functions across five companies.
  • Implemented a multi-user accounting software solution with comprehensive financial reporting, job/project P&L capability, increasing sales, and project management analytics.
  • Improved profitability by accurately maintaining P&L to meet prime fiscal responsibility, resulting in overall firm growth of $20M over six years.
  • Key contributor in acquiring national contracts with Columbia/HCA for Paragon Events and Paragon Marketing Specialties, involving network of over 800 hospitals and centers nationally.

Education

Chinese Mandarin

Defense Language Institute
Presidio of Monterrey, CA

Associate of Science - Business Administration

Palm Beach State College
Boca Raton, FL

Florida Atlantic University
Boca Raton, FL

Skills

  • Operational management
  • Financial reporting
  • General ledger management
  • Performance metrics analysis
  • Problem solving
  • Effective communication
  • Audit coordination
  • Staff training and development

Affiliations

  • National Eagle Scout Association
  • Boynton Mariner Village Home Owners Association, Treasurer - Provide Board of Directors a monthly Treasurer's Report primarily focused on expense variations. Create the annual financial budget for the HOA.

Military Service

United States Army Veteran (1985-1989)

References

References available upon request.

Timeline

Owner/Operator

Loss Prevention Distributors, Inc.
01.2013 - Current

Chief Operating Officer

Best Security Acquisition, LLC
04.2006 - 09.2012

Chief Financial Officer

Best Security Industries, Inc.
09.2000 - 04.2006

Vice President, Financial Operations

Paragon Group
01.1994 - 12.2000

Chinese Mandarin

Defense Language Institute

Associate of Science - Business Administration

Palm Beach State College

Florida Atlantic University

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