Chris Gressett

Experience

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  Florida Power and Light Company

  Jan 1988 - Jan 1995

  Financial Analyst

  Hired as an entry-level financial analyst and promoted five times to positions of higher responsibility. Performed financial forecasting for the utility’s corporate finance department from 1988 to 1992. From 1992 to 1995 served as an in-house financial consultant in the Power Generation Business Unit to implement a formal capital allocation process, develop and distribute financial tools to the field and perform detailed economic evaluations of larger projects.

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  FPL Energy Services, Inc.

  Jan 1995 - Aug 1996

  Senior Financial Analyst

  As a senior financial analyst, was responsible for the financial modeling, forecasting and budgeting for four project companies within the parent company’s portfolio of independent power plants. Financial support member of several development teams engaged in acquisitions of limited partnership interests in power projects ranging in size from $45 million to $110 million. Created the financial model used to negotiate the acquisition of FPL Group’s first international power project.

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  AutoNation

  Aug 1996 - Jun 1999

  Director of Financial Analysis

  Hired as National Finance and Budget Manager of AutoNation USA, Inc., a start-up, rapid growth used car retailer. In 1999 promoted to Director of Financial Analysis for the Automotive Retail Division. Key Responsibilities:• Dotted-line management of the seven reconditioning center accounting departments. • Budget process and budgets for the supply chain of the company.• Financial reporting and performance metrics for the supply chain.Key Accomplishments:• Developed and managed the $115 million budget for AutoNation USA’s supply chain.• Established a weekly reporting system for the seven central reconditioning centers. Show less

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  Jet Turbine Service Inc

  Jun 1999 - Dec 2006

  Chief Financial Officer

  Hired as Director of Business Development and within one year was promoted to the position of Chief Financial Officer.Key Responsibilities:• Directing finance, accounting, human resources, IT, inventory control and purchasing areas.• Credit agreement management and loan covenant compliance.• Business development initiatives, such as facility acquisition for a new product line.• Financial analysis, budgeting, financial forecasting and cash flow management activities.• Financial reporting and business metrics reporting for executive management.• Risk management administration.Key Accomplishments:• Due diligence process with Siemens Power Generation, Inc. which led to the company sale.• Integration of business processes and systems with the Siemens platform.• Increased the company’s credit lines from $3.0 to $9.0 million over a three-year period.• Located and negotiated the long-term leases for rare and strategic facilities (turbine test cells).• Led a cross-functional team to implement an Enterprise Resource Planning (ERP) system. Show less

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  Florida Career College

  Aug 2007 - Aug 2009

  Vice President Finance

  Hired as Vice President of Finance and within one year assumed the additional responsibilities of Treasurer and Secretary of the holding company and its subsidiaries. Key Responsibilities:• Directing and overseeing the finance, accounting and financial services departments.• Officer of the company for both the Treasurer and Secretary functions.• Banking relationships and credit agreement management.• Financial reporting to regulatory and accreditation bodies.Key Accomplishments:• Established a new subsidiary to originate institutional loans for student financial aid.• Restructured the accounting department and improved internal controls.• Established an in-house collections department for the institutional loan portfolio.• Streamlined and improved financial reporting to executive management and the board. Show less

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  Dade Medical College, Inc.

  Aug 2009 - Oct 2015

  Chief Financial Officer

  Hired as Chief Financial Officer. Responsibilities have included directing and supervising accounting, financial reporting, banking, bank financing, treasury, mergers and acquisitions, taxes, financial analysis, budgeting, human resources, risk management, contract negotiations and purchasing.Key Responsibilities:• Directing and overseeing the finance, accounting and human resources departments.• Officer of the company as the Chief Financial Officer.• Banking relationships and credit agreement management.• Financial reporting to regulatory and accreditation bodies.Key Accomplishments:• Acquisition of the University of Southernmost Florida in December, 2011.• Negotiated over 10 facility leases as the company grew from 2 campuses to 8 campuses.• Managed the growth of the company as revenues grew from $5.3 million to $44.9 million.• Increased bank facilities from $0.3 million to $6.8 million.• Streamlined and improved financial reporting to executive management and the owner. Show less

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  Interim CFO Solution

  Jan 2016 - now

  Founder and President

  Founded Interim CFO Solution to provide CFO consulting services to small and mid-sized companies. Focused on providing entrepreneurial and growing companies the business infrastructure required to support profitable and sustainable growth. Recent engagements have included management advice, regulatory guidance, representation during financial audits, establishing accounting systems, developing budgets and financial modeling, and providing accounting services. Also, development and presentation of monthly financial reporting to executive management and private equity investors. Show less