Daniel Schmitt is a financial executive with significant leadership in various areas including accounting, information technology, A/P and A/R. He is skilled in financial and budget planning, profitability and cost modeling, investment portfolio management and IT.
Daniel J. Schmitt 7305 Shillig Circle, Texarkana TX 75503 * (903) 559-5366 * Email: email@example.com CFO/Controller 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 EXPERIENCE AND SELECTED ACHIEVEMENTS: 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) Education 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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