Keith Randall is a highly accomplished Financial Executive with solid and progressive experience in all facets of financ...
KEITH G. RANDALL Parker, CO 80138 Cell: (303) 506-2313 ~
[email protected]
EXECUTIVE PROFILE Highly accomplished Financial Executive with solid and progressive experience in all facets of financial stewardship, accounting, financial management, and executive leadership. Extremely skilled in collaborating with all members of the organization to achieve business and financial objectives. Adept in streamlining financial processes, increasing cash flow, enhancing productivity levels, introducing process improvements, and implementing technology solutions. Areas of Expertise include:
Financial Stewardship & Controllership Accounting & Financial Reporting Cash Flow Management Private Equity & Lender Management Benefit Plans & Human Resources International Business
Financial Management & Analysis Strategy Development & Budgeting/Forecasting Risk Management & GAAP Compliance Technology Enhancements & Process Improvement Systems Implementation Mergers & Acquisitions
CAREER HIGHLIGHTS Created standalone administrative organization for a manufacturing entity at Stolle Machinery Company with world class systems and processes for Accounting, Finance, IT, HR, Risk Management, Legal, and Environment, Health and Safety (EHS). Acquired and integrated 4 competitive manufacturing entities over 3 years at Stolle Machinery Company, which boosted revenue by 200% from $90M to over $200M while tripling EBITDA from $7M to over $24M. Drove additional revenue growth of over $50M annually at Stolle Machinery Company by implementing and utilizing financial instruments including letters of credit, standby letters of credit, and EXIM bank loans. Navigated 11 North American locations through process improvement, to reduce month-end closing from 3 days to 1 day at Alcoa Closures Systems International. Utilized predictive sales database and designed a financial forecasting model that improved forecasting accuracy from 70% to over 90% at Alcoa Closures Systems International. Transitioned the accounting organization at Alcoa Closures Systems International from a historical reporting department to a strategic business advisory team, which encompassed providing timely financial analysis of customer trends and predictive modeling of customer demand for new products.
PROFESSIONAL BACKGROUND STOLLE MACHINERY COMPANY, LLC (Formerly Alcoa Packaging Equipment), Denver, CO (2002 – 2010) Global manufacturer of can and can-end making equipment for the beverage and food packaging industry with revenues of over $300M. Chief Financial Officer Provided leadership and direction to all aspects of financial management, accounting, cash flow management, human resources, IT, legal, and risk management across 5 domestic and 2 foreign locations as a stand-alone entity once it was divested by Alcoa in 2004. Served as a key member of the executive team charged with process improvement, executive leadership, and organic/acquisition growth into new markets through long term strategic planning. Led efforts to develop and implement accounting procedures that complied with GAAP standards. Spearheaded the development of monthly, quarterly, and annual financial statements that aided in business decision-making processes. Directed accounting functions involving general ledger activity, accounts receivable, accounts payable, payroll, and budget management. Performed budgeting, forecasting, financial analysis, financial statement preparation, and consolidation activities. Cultivated lender relationships with single lenders and syndicated lender groups for covenant reporting, revolver draws, and debt repayments. Preserved business interests in both domestic and foreign markets by managing a network of intellectual property, product, labor, and litigation legal professionals. Directed all human resources functions including payroll, 401(k) administration, benefits negotiation and management, health insurance negotiation, wellness management, union negotiations, and safety management.
KEITH G. RANDALL Page 2 of 2 Chief Financial Officer Cont’d Played a key role in growing revenue over 330% from $92M in 2003 to $310M in 2008 and in growing EBITDA over 1,000% from $7M in 2003 to $70M in 2008. Sold the company 3 times over 5 years to 3 private equity companies for multiples from 4x to 8x. Increased cash flow by over $25M in 18 months through key working capital reductions in accounts receivable and inventory. Acquired and integrated 4 companies ranging in purchase price from $2.5M to $44M including foreign affiliates in Brazil and England. Administered numerous loan instruments incurred by each new private equity owner as a result of highly levered transactions. The largest of which were senior debt of $275M, mezzanine debt of $100M, and revolver debt of $30M. Partnered with several international emerging market customers in China, Russia, Saudi Arabia, India, Brazil, Ecuador, Nigeria, and Vietnam, which encompassed negotiating terms and financing through standby letters of credit and EXIM bank loans to mitigate cash concerns and potential deal risks. Led all IT related activities from the implementation of a new ERP system (IFS) to managing multiple domestic and foreign networks handling voice and data information. ALCOA CLOSURES SYSTEMS INTERNATIONAL, Indianapolis, IN (1998 – 2002) Global manufacturer of plastic closures for the plastic packaging industry with over $700M in revenue. Assistant Controller, N.A. Oversaw a staff of 8 accountants and business analysts in performing at optimal levels. Managed all administrative and accounting services provided by the corporate office in Pittsburgh. Developed accurate and reliable financial reports that detailed the financial position of the company. Handled reporting consolidation and forecasting for CSI’s 11 North American locations. Spearheaded efforts to ensure the financial integrity of 11 operating locations, which encompassed facilitating monthly and quarterly business reviews as well as managing the annual internal audits. Early Career: Corporate Controller – Primetech, Inc., Indianapolis, IN (Revenue $70M), (1997 – 1998) Multi-Plant Controller – Delco-Remy America, Inc., Anderson, IN, (1996-1997) Controller – Dana Corporation, Spicer Driveshaft Division; Marion IN (Revenue $240M), (1995 – 1996) Controller – Dana Corporation, Aftermarket Products Division; Oklahoma City, OK (Revenue $70M), (1992 – 1995) Controller – Dana Corporation, Spicer Clutch Division; Colorado Springs, CO (Revenue $25M), (1989 – 1992) Senior Internal Auditor - Dana Corporation, Corporate Office, Toledo, OH, (1987 – 1989) Plant Accountant – Guardian Industries, Carleton, MI (1986 – 1987)
EDUCATION & CREDENTIALS Bachelor of Science, Business Administration, Accountancy – MIAMI UNIVERSITY, Oxford, OH, June 1986
ACHIEVEMENTS Board Member of the Denver World Trade Board of Directors, 2002 - 2010. Panelist and Presenter: Denver World Trade Annual Conference 2008 & 2010 on "Doing Business in China". Panelist: Faegre & Benson 2008 International Business Conference, "Managing Risk in International Trade". Presenter at CIGNA 2009 Annual Conference on "Implementing a Consumer Driven Health Plan". Aftermarket Products Division’s SHINING STAR AWARD for performance on forging re-source project completed in 1994.
