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
Katy, TX
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
Houston, TX
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
Houston, TX
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, TX05.2006
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