Tim Naughton, MBA

Experience

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  Pacific Securities Co. Ltd.

  Sept 1997 - Feb 1999

  Investment Analyst

  Researched and analyzed memory chip industry issues throughout the Taiwan, South Korea and Japan markets for this international investment firm.Analyzed consumer goods industry. Performed complex analysis using financial metrics. Complied with GAAP and Taiwan GAAP. Established and managed English language financial research department.Translated reports to and from Chinese and English

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  Hongyi Sunmax, Ent.

  Feb 1999 - Feb 2000

  Quality Assurance Manager

  Taipei / Shanghai - Supervised and directed FDA-approved quality control tests for daily production of vinyl, latex and clean room gloves. Performed quality assurance for the world's largest vinyl glove manufacturer. Tested the quality and attributes such as tensile strength and color leaching. Translated and filed all necessary paperwork with the FDA and TUV 200. Complied with ISO 9000. Managed three teams totaling 45 employees.

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  Flo's Restaurants, Inc.

  Feb 2000 - May 2005

  General Manager

  Oversaw all operations for three locations with total revenue over $4.5M annually, including overall management and supervision, business planning, hiring/training, sales and marketing, payroll, inventory, ordering and customer service. Improved annual revenue by 10% per year. Streamlined food costs through improved supplier relations and inventory controls. Reduced variable costs 10% in the first year through performing activity-based costing analysis.Initiated the adoption of cost accounting methods to drive costs into output units. Responsible for internal management reporting. Developed operating budget for each restaurant. Freed working capital through cash budgeting in the highly seasonal restaurant industry. Improved revenues by 10 - 15% year-to-year by developing alternative sales channels such as catering and delivery. Managed 50 employees, including managers and staff. Managed a budget of $750,000 Show less

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  Vinacure International, Ltda.

  May 2005 - May 2009

  Principal

  Scottsdale, AZ and Bogotá, Colombia - Responsible for developing efficient supply chains, providing support for retail operations, and performing finance and accounting duties for this $4M third-party international logistics provider. Budgeted to achieve the organization's strategic objectives. Developed operating budget, capital budget and annual master budget using iterative budgeting methods.Clarified company's monthly cash and working capital position through effective cash budgeting.Streamlined costs 8 - 10% per year through thorough cost analysis metrics and lean techniques. Responsible for short-term and long-term budgets, and monthly costing cycle.Performed variance analyses and took corrective measures in line with company objectives. Initiated an activity-based costing metric to design pricing strategy for supply chain services.Engineered efficient supply chains and channels for retail goods from Latin America and China. Provided supply chain accounting services and variance analysis to clients. Managed exchange-rate risk for organization and for clients. Optimized the flows of goods from primary supplier to final user using Global Supply Chain Forum format. Traveled extensively to gain first-hand knowledge of supplier practices. Complied with US-GAAP, Colombian-GAAP, SOX and IFRS guidelines in accounting and financial reporting. Managed an annual budget of $2.5M. Show less

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  Kitterman Marketing, Inc.

  May 2009 - Jun 2010

  Controller

  Responsible for finance, accounting, cash flow and overall financial management and reporting for this marketing consultancy with annual revenue of $2.5M. Budgeted to achieve the organization's strategic objectives. Responsible for financial and managerial reporting. Performed variance analyses and took corrective measures in line with company objectives. Responsible for short-term and long-term budgets, and monthly costing cycle. Improved existing pricing strategy and model for consulting services. Performed daily accounting duties and monthly payroll. Customized billing of Microsoft, T-Mobile and other clients to satisfy the respective requirements. Reported directly to the President on a daily basis. Oriented and managed Microsoft and T-Mobile consultants. Complied with US-GAAP and SOX guidelines in accounting and financial reporting. Managed vender relations - Microsoft and T-Mobile. Responsible for IT and software implementation, such as BPOS. Hired vendors. Show less

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  TDNaughton., LLC

  Jul 2011 - Feb 2013

  Business Consultant

  Provided finance, accounting, cash flow and overall financial control and management, revenue recognition, risk management, reporting and analysis, including SEC filings (10-K, 10-Q and 20-F), for small to mid-sized domestic and international companies.Clients included: Landlock Natural Paving Inc. (Chicago, IL), Patriot Gold, LLC (Vancouver, BC), and Synchrony Venture Management, LLC (Boston, MA)

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  Millennium Training Institute

  Jan 2012 - Sept 2015

  Parttime Instructor

  Bookkeeping, Accounting and QuickBooks Pro training and instruction to adults. Curriculum design and implementation.

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  Virtual, Inc.

  Feb 2013 - Nov 2019

  Develops, interprets, and implements financial concepts for financial planning and control for various organizations.Gathers, analyzes, prepares and summarizes recommendations for financial plans, trended future requirements and operating forecasts.Oversees all compliance and recognition for government (federal and state) contracts and private grants, as well as revenue recognition for 501(c)3 and (c)6 organizations. Responsible for financial analysis and financial reporting for more than 25 standards organizations with greater than $14M in annual revenue. Prepared and analyzed monthly financial reports including Balance Sheets, P&L, Cash Forecasts, Cash Flow Statements, Actual vs Budget, and ad hoc reporting.Provided extensive and complex account reconciliations, working capital management, and asset reconciliation.

  • Finance Manager

    Dec 2017 - Nov 2019

  • Senior Financial Analyst

    Feb 2013 - Nov 2017
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  NOW CFO

  Jul 2019 - Apr 2023

  CFO & Controller Consultant

  Establish accounting processes, procedures and internal controls for clients in multiple industriesManage accounting platform implementations and migrations – NetSuite, SAP and QBOStrategic planning, budgeting and forecastingFinancial reporting and Analysis

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  See Kai Run

  Apr 2023 - Apr 2024

  Director of Finance
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  TailorWell Holdings, Inc.

  Apr 2024 - Aug 2024

  CFO
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  B2B CFO®

  Aug 2024 - now

  Partner

  B2B CFO® provides Strategic Business Advisory Services to owners of privately held companies. We focus on increasing cash and company value. By redefining the way that these services are provided, we have created a new industry, which we dominate and lead. With a nationwide presence, B2B CFO® is the largest company of its kind in this industry. Founded in 1987, we have ranked four times in the Inc. 5000 and were recognized as one of Forbes Magazine’s “Small Giants.” Over the decades, we have published books and created numerous resources, including an award-winning and patented software. For more information about how we help business owners excel, please visit www.B2BCFO.com Show less