Chief Financial Officer CFO in Houston TX Resume Daniel Schmitt by DanielSchmitt2


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									                                          Daniel J. Schmitt
7305 Shillig Circle, Texarkana TX 75503 * (903) 559-5366 * Email:

Financial executive with significant leadership in various areas including accounting, information technology, A/P and A/R.
Skilled in financial and budget planning, profitability and cost modeling, investment portfolio management and IT. People say
they like working with me so I am able to lead teams to grow and improve organizations.

Financial Leadership Performance Expertise:
   Strategic Planner                             Budget Management                            Staff Development
   Operations Management                         Team Building | Leadership                   New Product Development
   Business Development                          Financial | IT Compliance                    Regulatory Reporting
   Highly Skilled Communicator                   Profitability Models                         Technology Implementation


Consultant                                                           ProNexus, LLC (The Bonadio Group)
                                                                     Rochester, NY                 2012 to present

Consultant with a national services firm providing business solutions and consulting services to help companies manage and
execute on their finance, accounting, IT projects and initiatives. Clients like us because business is personal to us.

Senior Vice President / CFO/COO                                      State Bank of De Kalb ($125 MM Assets)
                                                                     De Kalb, Texas             2007 to 2012

Brought in to provide leadership and update Finance, Operations, Investments and IT. Implemented several technologies and
enhanced IT network monitoring. Brought IT and Operations functions in to regulatory compliance.

         Assist CEO with daily operational duties including marketing, branch construction and HR
         Lead, directs and develops VP Accounting and Operations Officer
         Assisted with vendor contract negotiations; reduced vendor costs 12%
         Implemented new loan and deposit platforms bringing documentation in to compliance
         Successfully replaced all network infrastructure including routers, server and workstations streamlining network.
         Developed management training program as adjunct for management succession plan; developing two managers

Vice President / Chief Financial Officer                             Four Corners Community Bank ($130 MM Assets)
                                                                     Farmington, New Mexico  2004 to 2007

Hired to manage accounting and operations as well as IT and branch operations of this de novo bank. Realigned staffing to
make better use of current leadership skills resulting in balanced workloads for managers. Developed operations staff
and systems allowing bank to grow. Worked directly with State and Federal regulators on numerous issues.

         Assist CEO with branch development, construction activities and charter acquisition
         Developed budgets for management and BOD to support strategic decisions and financial analysis
         Directed VP/Cashier who is responsible for Accounting / Operations staff of three
         Implemented Profitability model (ProfitStar), trained users and developed forecasts and “what if’ scenarios
         Developed and implemented new deposit account for prime depositors; increasing deposits 8 %
         Managed $33 million investment portfolio and oversees liquidity management for growth
         Implemented overhaul of security program to conform to new regulations and exam requirements

Accounting Manager                                                   El Paso Independent School District
                                                                     El Paso, Texas            2003 to 2004

Managed staff of seven overseeing accounting for 84 campus school district and $455 million budget.

         Assist Executive Director, Payroll and Budget managers with daily operations
         Oversight of financial accounting for 54 government funded programs totaling nearly $200 million
         Directed monthly and annual reporting of school financial information
         Liaison to other departments including Transportation, Food and Nutrition, Technology and Academics

Vice President / Controller                                         Fort Bliss Federal Credit Union ($375 MM Assets)
                                                                    El Paso, Texas              2000 to 2002

Brought in to oversee accounting department, managing team of 17 accounting and operations employees. Restructured
existing procedures, driving greater productivity in staff activities and establishing a working environment that increased
overall employee morale, minimizing turnover within department.

         Resolved out of balance accounts, bringing all reporting mechanisms in to regulatory compliance
         Directs operations supervisor with responsibility for daily item processing and teller operations
         Directed all accounting and financial reporting providing Board with accurate and timely information
         Managed $100 million investment portfolio, appropriately responding to market changes
         Developed budgets and financial analysis, implemented profitability models and trained users

Finance / Investment Supervisor                           Visions Federal Credit Union ($1.1 Billion Assets)
                                                          Endicott, New York                   1993 to 2000

Hired to oversee $500 million investment portfolio .Promoted and responsible for investment management and
finance/accounting functions. Partnered with Controller in management of operational challenges and provided strategic
financial leadership, mentoring staff in a one-on-one basis and improving overall performance of accounting department.

         Played key role in accounting software conversion, interfacing with technology team
         Coordinated both regulatory and independent audits, assuring corporate and government compliance
         Directed all Asset/Liability reporting, providing Board of Directors with accurate and timely data
         Served as liaison to Board of Directors for investment activities and member of Asset / Liability Committee
         Supervised accounting and investment compliance activities, provided quarterly regulatory reports.

Trust Operations Supervisor                               Owego National Bank ($55 million Assets)
                                                          Owego, New York           1991 to 1993

Various Roles                                             Endicott Trust Company ($360 Million Assets)
(Consumer loan collections, Commercial loan workouts,     Endicott NY              1982 o 1991
Loan Analyst, Trust Admin, Management training)

MBA – Finance                         Binghamton University – School of Management

BS – Biochemistry / Biophysics        State University of New York at Plattsburgh

Investment Banking Institute           Dallas, Texas        August 2010
Intensive 4-week financial modeling and valuation training program
    • Performed company valuations utilizing (i) comparable public company analysis, (ii) precedent transactions analysis and
         (iii) discounted cash flow (DCF) analysis
    • Built fully-integrated financial statements projection model, LBO model, accretion/dilution merger models, including
         ability to run operational and capital structure sensitivities within models and data tables for sensitivity analysis

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