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John Wirtz, CPA – CFO/CIO Services

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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 specializes in manufacturing and distribution
companies up to a billion dollar in revenues in the following primary
industries:

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

John has specialized experience in the process and food handling sector in
a variety of financial and information system roles that focused on the
operations of companies with revenues in the hundreds of millions,
including:

  • Nutro Products
  • Pacific Seafood
  • Pure Extracts
  • Arbonne Cosmetics
  • Hidden Villa Ranch
  • Stauber Performance
  • Cedarburg Pharmaceuticals
  • A1 Food Distribution

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

Mergers & Acquisitions, Chief Financial Officer, & Chief Technology
Officer

  • Completed several multi-million-dollar post M&A-transactions that
    included:

    • Integrations of accounting, financial reporting, and payroll
      departments.
    • Staffing assessments and reorganization to improve throughput and
      accuracy.
    • ERP implementations.
    • Developed long-term forecasts, monthly department level budgets, and
      13-month rolling cash flow projections.
  • Performed financial due diligence for several distributors and
    manufacturers with revenues exceeding $100M.
  • Cut monthly financial close time 80% (3 weeks to 3 days).

Operational & Information Technology Improvements

  • Designed and implemented data analytics that integrated ERP
    transactions, sales force application data, production data, and
    marketing data for a $750 million manufacturer.
  • Analyzed supply chain and process manufacturing to improve production
    tracking of yields, labor, process costs, and manufacturing overhead
    charges for $350 million food processor.
  • 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.

Financial Forensics & Fraud Investigations

  • 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
  • Identified a vendor and employee fraud ring in a multi-facility scheme.

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, project costing, inventory analysis, cost
alignment, process controls, programming, database design &
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 specializes in manufacturing and distribution
companies up to a billion dollar in revenues in the following primary
industries:

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

John has specialized experience in the process and food handling sector in
a variety of financial and information system roles that focused on the
operations of companies with revenues in the hundreds of millions,
including:

  • Nutro Products
  • Pacific Seafood
  • Pure Extracts
  • Arbonne Cosmetics
  • Hidden Villa Ranch
  • Stauber Performance
  • Cedarburg Pharmaceuticals
  • A1 Food Distribution

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

Mergers & Acquisitions, Chief Financial Officer, & Chief Technology
Officer

  • Completed several multi-million-dollar post M&A-transactions that
    included:

    • Integrations of accounting, financial reporting, and payroll
      departments.
    • Staffing assessments and reorganization to improve throughput and
      accuracy.
    • ERP implementations.
    • Developed long-term forecasts, monthly department level budgets, and
      13-month rolling cash flow projections.
  • Performed financial due diligence for several distributors and
    manufacturers with revenues exceeding $100M.
  • Cut monthly financial close time 80% (3 weeks to 3 days).

Operational & Information Technology Improvements

  • Designed and implemented data analytics that integrated ERP
    transactions, sales force application data, production data, and
    marketing data for a $750 million manufacturer.
  • Analyzed supply chain and process manufacturing to improve production
    tracking of yields, labor, process costs, and manufacturing overhead
    charges for $350 million food processor.
  • 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.

Financial Forensics & Fraud Investigations

  • 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
  • Identified a vendor and employee fraud ring in a multi-facility scheme.

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, project costing, inventory analysis, cost
alignment, process controls, programming, database design &
administration, application development, and systems implementation
management. He has a Bachelor of Science in Biochemistry from the
University of California, Los Angeles.