RICHARD J. NOWORYTA
2806 Little Country Road â— Parrish, FL 34219 â— (727) 642-3800 â— rnoworyta[at]tampabay.rr.com
________________________________________
Professional Profile
Seasoned finance executive and problem solver with an impressive track record of delivering results. Proven ability to turnaround, prepare, and sell companies to strategic buyers. Business leader who combines organizational resources to create innovative, revenue-boosting solutions. Demonstrated capability to create finance and human resource teams, close and integrate acquisitions, and effectively streamline processes. Strategic thinker with a proven ability to redesign organizations while developing and implementing “best practicesâ€.
Career Highlights
• Grew revenues twelve times over a 7-year period. Reconstructed company from financial instability to a profitable and reputable organization. (Unisource)
• Built $12M, 70,000 square foot corporate center with zero capital investment and 50% ownership negotiated with developer and REIT. (Unisource)
• Guided large cellular tower builder through $50M sale of business to a large, publicly traded corporation. (Acme Tower)
• Saved 30% ($1.1M) annually through distribution/transportation systems reengineering initiative. (Nutcracker Snacks)
• Reduced open claims 90%, DSO from 57 to 43 days, and customer inquiry response time from days to minutes via redesign of customer service operations, consolidating 5 independent work groups into 1. (Nashua)
Core Competencies
Strategic Financial Planning International Operations Management Business Reengineering
Financial Reporting & Analysis Six Sigma & Kaizen Principles Great Plains, JD Edwards & SAP
Professional Experience
Noworyta & Associates, Co 2008 to Present
Providing Chief Financial Officer & Controller executive services and project support on a contract basis.
Chief Financial Officer
Managed the financial, contractual, and administrative operations. Networked and built client relationships, focusing on new business development and client retention.
• At a real estate management company, provided forensic accounting support identifying an employee who embezzled more than $1M of their clients funds.
• At a catalog fulfillment business, did a Risk Review of the business, found significant gaps in coverage and as well as non existence coverage in critical areas. Bundled and marketed all insurance policies saving the client 25% while provided complete coverage.
Tatum, LLC 1998 to 2008
Nation’s largest executive service firm ($200M) providing strategic, financial, and technology leadership within 37 locations worldwide encompassing more then 1,000 executive resources.
Chief Financial Officer
Managed all aspects of finance and accounting including financial, contractual, and administrative operations within individual client engagements. Mentored permanent Chief Financial Officer replacements to ensure continued development and growth. Networked and built client relationships, maximizing new business development and client retention on local level.
• At Unisource, grew revenues twelve times (from $3M to over $40M) over a seven-year period. Reconstructed company from financial instability to a profitable and reputable organization.
• At Unisource, built $12M, 70,000 square foot corporate center with zero capital investment and 50% ownership negotiated with developer and REIT.
• At University of South Florida, streamlined $650M payroll process maximizing efficiency, accuracy, and productivity.
• At Acme Tower, guided cellular tower builder through $50M sale of business to a large publicly traded corporation.
Nutcracker Snacks, Inc 1995 to 1998
$100M food processor of snack items selling to mass merchandisers, drug stores, and grocery markets.
CFO & Treasurer
Directed all financial, administrative, and materials management functions.
• Renegotiated terms on existing mortgage, equipment, and revolver loans totaling $25M+.
• Saved 30% ($1.1M) annually by distribution and transportation systems reengineering initiative.
• Led successful turnaround and subsequent sale to a strategic buyer, meeting all venture capital goals and timeframes.
Intirion, Inc 1994 to 1995
$19M patented small appliance sales, rental, and leasing firm serving universities, hotels, and the U.S. government.
Chief Financial Officer
Managed financial and administrative operations in addition to Rental Division operations management.
• Restructured customer service group increasing efficiency to manage more then 15,000 rental agreements from 200 universities.
• Consolidated five warehouses and established small assembly manufacturing plant on west coast.
• Led executive team through a “strategic planning program†increasing focus on core competencies.
Nashua Corporation 1986 to 1994
$960M multinational manufacturer of computer memory products, copier and facsimile supplies, coated papers, tapes, labels, photo finishing services, and international distributor of copier and printing equipment.
CFO, Europe & Group Controller, Office Products
Managed all domestic and international financial functions, IT, customer service, materials management, and distribution. Directed manufacturing in U.S. and Mexico and sales subsidiaries in Germany, Belgium, Denmark, Britain, and the Netherlands.
• Reduced open claims 90%, DSO from 57 to 43 days, and customer inquiry response time from days to minutes via redesign of customer service operations consolidating five independent work groups into one.
• Achieved 99% same day shipment, one day delivery in the majority of markets, and 95%+ fill rate through implementation of reengineered Office Products Distribution System.
• Decreased products offered 40% with only 2% of revenue affected by reducing complexity of business through product rationalization studies.
TRW 1985 to 1986
$250M manufacturing unit of $5B conglomerate making aircraft bearings for the Department of Defense and prime contractors.
Group Cost & Budget Manager
Coordinated and controlled the preparation of budgets and product costs for the group (three manufacturing facilities). Responsible for contract administration, CAS, FAR, and DCAA audits.
• Freed up LIFO reserves of $15M+ by successfully reducing inventories during the year, improving the bottom line by the same amount.
• Reduced Surplus and Obsolescence Inventory by $1M.
Education & Professional Development
BS, Accounting, cum laude, SUNY Buffalo Buffalo, NY
NukeJobs is a nuclear jobs board that provides nuclear job seekers access to international directories of Nuclear Employers, Nuclear Resumes and Nuclear Jobs such as Nuclear Engineer Jobs, Nuclear Construction Jobs, Nuclear Power Plant Jobs, Nuclear Medicine Jobs, Nuclear Pharmacy Jobs, Nuclear Security Jobs, Nuclear Physics Jobs, Nuclear Reactor Jobs, Nuclear Material Jobs, Nuclear Safety Jobs, and Nuclear Waste Jobs.