Summary
Overview
Work History
Education
Skills
Timeline
Generic

Richard Armstrong

Cypress,TX

Summary

Dedicated Finance Executive with 20 years of experience in all areas of finance and investment management. Hands-on leader with strong business acumen and analytical mindset to identify and correct underachieving trends.

Overview

22
22
years of professional experience

Work History

Business Development

Mitchell Mortgage Group
02.2021 - Current
  • Updated borrowers through each step of loan application, approval and closing processes while remaining attentive to customer needs.
  • Worked with underwriters to fix application problems and resolve issues.
  • Prepared documents for customers, submitting and overseeing through each step of closing process.
  • Interviewed applicants to assess loan requirements before suggesting offers.
  • Collected information from banks, institutions and employers to assess applicant eligibility.
  • Assisted clients in selecting correct loan product and terms to meet needs and financial goals.
  • Communicated with clients, processing teams and other third parties to achieve prompt loan closings - resulting in $50M in closed loans in 2022 and 2023

President/Owner

Houston Metal Cutting
02.2007 - 03.2021
  • Hired and managed 12 - 15 employees to maximize productivity while training staff on best practices and protocols.
  • Developed and implemented new strategies and policies to grow revenue from $1.2M in 2007 to $2.5M in 2010
  • Monitored financial performance and implemented measures to enforce compliance with budgetary standards.
  • Prepared annual budget forecasts and monitored performance to meet organizational objectives.
  • Supported project management team for optimal performance.
  • Established and maintained strong relationships with customers, vendors and strategic partners.
  • Oversaw business-wide changes to modernize procedures and organization.
  • Maintained P&L and shouldered corporate fiscal responsibility.
  • Founded performance- and merit-based evaluation system to assess staff performance.

VP - Finance

Live Nation
04.2002 - 02.2007
  • Hired and managed 8 - 10 employees to maximize productivity while training staff on best practices and protocols.
  • Spearheaded cross-functional initiatives across departments to achieve business goals for bottom-line profits of $40M annually
  • Aligned organizational objectives with company mission to increase business growth and integrate work strategies.
  • Resolved issues and recommended actions based on production and compliance reports.
  • Developed and implemented new strategies and policies in collaboration with executive partners to establish and achieve long-term business objectives, providing company with strong and sustainable organizational leadership.
  • Represented organization at industry conferences and events.
  • Collaborated with legal, accounting and other professional teams to review and maintain compliance with regulations.
  • Devised and presented business plans and forecasts to board of directors.

Education

BBA - Finance

Texas A&M University
College Station, TX
05.2006

Skills

  • Data Analysis
  • Variance Analysis
  • Performance Monitoring
  • Financial Controls
  • Financial Reports
  • Budget Management
  • Forecasting
  • Sales Support
  • Financial Analysis and Reporting
  • Business Planning
  • Company Representation

Timeline

Business Development

Mitchell Mortgage Group
02.2021 - Current

President/Owner

Houston Metal Cutting
02.2007 - 03.2021

VP - Finance

Live Nation
04.2002 - 02.2007

BBA - Finance

Texas A&M University

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Richard Armstrong