John Wirtz, CPA – CFO/CIO

John Wirtz, CPA – CFO/CIO

CFO & CIO Services / Interim Management

John has over 30 years of finance, accounting, systems, operations, and management consulting experience. Serving in both financial and IT senior management roles, he specialized in manufacturing and distribution companies up to a billion dollar in revenues in the following primary industries:

  • Steel, aluminum, precious metals, and plastics producers
  • Textile mills, dye houses, and apparel
  • Consumer goods, food processors, cosmetics, and pharmaceutical
  • Aerospace and military fabrication, and processing
  • Automotive, recreational, and specialized vehicle assembly
  • Equipment, tools, tooling, medical equipment, and robotics
  • 3PL – warehousing, controlled storage, and wholesale distribution

As CFO, Sr. Director of Systems & Analytics, corporate controller, and management consultant, he accomplished the following:

Mergers & Acquisitions

  • Performed financial due diligence for several distributors and manufacturers with revenues exceeding $100M.
  • Completed multi-million-dollar post-transactions that included:
    • integrations of accounting, financial reporting, and payroll departments
    • ERP implementation 
    • Developed long-term forecasts, monthly department level budgets and 13-Rolling cash flow projections
  • Cut monthly financial close time 80% (3 weeks to 3 days

Investigatory & Dispute Resolution

  • Cut class-action wage settlement $1.5million (50%) for $20M distributor.
  • Recovered 5% of production costs for a $25M revenue manufacturer performing forensic analysis of inventory costs and identifying a vendor and employee fraud ring in a multi-facility scheme.

Operational Improvement

  • Reduced multi-plant daily planning cycle 90% (7 hours to 40 minutes) by redesigning production scheduling & MRP applications that integrated ERP daily sales, order fulfillment, and raw material receipts for a $700 million food processor.
  • Designed and implemented data analytics that integrated ERP transactions, sales forces application data, and marketing data for a $750 million manufacturer.
  • Recovered $1.2 million in retailer chargebacks, implemented EDI-compliance controls, and created EDI audit department that resulted in 85% reduction of chargebacks for a For $120 million manufacturer.
  • Implemented picking, packing, automated sorting, and reverse-fill route staging for a $450 million wholesale distributor.
  • Implemented over 50 manufacturing ERP systems, sales force automation, and warehouse management systems for mid-market and large companies.

Financial Restructuring

  • Negotiated dramatic reductions (50%-70%) in accounts payable. 
  • Restructured credit lines to significantly reduce borrowing rate.
  • Avoided bankruptcy by facilitating sale of company.

John earned his CPA while with Ernst & Young and also served as senior consulting manager with Moss Adams. He holds specialty certifications in activity-based costing, inventory analysis, cost alignment, process controls, programming, database design and administration, application development, and systems implementation management. 

He has a Bachelor of Science in Biochemistry from the University of California, Los Angeles.

John Wirtz, CPA – CFO/CIO

Services – Manufacturing Specialist

John has over 30 years of finance, accounting, systems, operations, and management consulting experience. Serving in both financial and IT senior management roles, he specialized in manufacturing and distribution companies up to a billion dollar in revenues in the following primary industries:

  • Steel, aluminum, precious metals, and plastics producers
  • Textile mills, dye houses, and apparel
  • Consumer goods, food processors, cosmetics, and pharmaceutical
  • Aerospace and military fabrication, and processing
  • Automotive, recreational, and specialized vehicle assembly
  • Equipment, tools, tooling, medical equipment, and robotics
  • 3PL – warehousing, controlled storage, and wholesale distribution

As CFO, Sr. Director of Systems & Analytics, corporate controller, and management consultant, he accomplished the following:

Mergers & Acquisitions

  • Performed financial due diligence for several distributors and manufacturers with revenues exceeding $100M.
  • Completed multi-million-dollar post-transactions that included:
    • integrations of accounting, financial reporting, and payroll departments
    • ERP implementation 
    • Developed long-term forecasts, monthly department level budgets and 13-Rolling cash flow projections
  • Cut monthly financial close time 80% (3 weeks to 3 days

Investigatory & Dispute Resolution

  • Cut class-action wage settlement $1.5million (50%) for $20M distributor.
  • Recovered 5% of production costs for a $25M revenue manufacturer performing forensic analysis of inventory costs and identifying a vendor and employee fraud ring in a multi-facility scheme.

Operational Improvement

  • Reduced multi-plant daily planning cycle 90% (7 hours to 40 minutes) by redesigning production scheduling & MRP applications that integrated ERP daily sales, order fulfillment, and raw material receipts for a $700 million food processor.
  • Designed and implemented data analytics that integrated ERP transactions, sales forces application data, and marketing data for a $750 million manufacturer.
  • Recovered $1.2 million in retailer chargebacks, implemented EDI-compliance controls, and created EDI audit department that resulted in 85% reduction of chargebacks for a For $120 million manufacturer.
  • Implemented picking, packing, automated sorting, and reverse-fill route staging for a $450 million wholesale distributor.
  • Implemented over 50 manufacturing ERP systems, sales force automation, and warehouse management systems for mid-market and large companies.

Financial Restructuring

  • Negotiated dramatic reductions (50%-70%) in accounts payable. 
  • Restructured credit lines to significantly reduce borrowing rate.
  • Avoided bankruptcy by facilitating sale of company.

John earned his CPA while with Ernst & Young and also served as senior consulting manager with Moss Adams. He holds specialty certifications in activity-based costing, inventory analysis, cost alignment, process controls, programming, database design and administration, application development, and systems implementation management. 

He has a Bachelor of Science in Biochemistry from the University of California, Los Angeles.