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Senior financial officer with a passion for reducing costs and improving profitability.

 

Over 30 years leadership in senior financial roles.

 

Awarded CMA in 1972

 

Proven track record in businesses with $2,000,000 to $50,000,000 revenues.

 

 

 
I do company “tune-ups” by offering management review services for contractors who may be concerned about some aspect of their business, usually unanticipated losses, poor financial results or unreliable reports. In short, I assist by performing an arms-length review of your company.

You can expect a comprehensive report focused on your problems and concerns beginning with problem identification and ending with recommendations for improvement.

These are a few of the areas that I can review:
 
  • Financial reporting – financial statements, cost reports, accounts receivables, cash flow
  • Overhead costs in relation to gross profit – the Gross Profit Factor calculations
  • Purchasing policy – use of PO’s, lump sum purchases, negotiations and discounts
  • Costing system and reporting for short term jobs
  • Cost reporting for timeliness and ease of use
  • Labour productivity and HR policies
  • Billing and collection procedures – timeliness and aggressiveness
  • Cash flow forecasting system
  • Internal control procedures particularly regarding safeguarding assets
  • Profit planning for one year, two years and five years
  • Submit and discuss a detailed report to management with emphasis on cost control and reduction, revenue drive, cash flows and profit improvement


This review will result in ways for you to improve company profits. That’s a promise!



Wayne

 

 
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