Moraga, California, United States
Jerry Johnson MBA, CMA I advise a range of businesses as a consulting CFO for CFOs2GO. I lead the Cleantech and Construction practice areas and am a member of practice areas serving startups, small businesses, financial modeling & analysis, and financial systems & reporting. My background includes over 25 years experience as a financial executive in the energy, technology, manufacturing and service industries. I have extensive experience developing finance and accounting functions for start-ups and new business units in the private and public sectors. Also demonstrated expertise in financial analysis for a range of capital projects and the design and implementation of new accounting systems. I am experienced in closing a variety of financing structures totaling over $750 million.
Practice leader for Cleantech practice at CFOs2GO. Also member of practice areas for: Construction; Manufacturing; Startups, Rapid Growth and Pre-IPO Companies; Financial Modeling and Analysis; Financial Systems & Reporting. CFOs2GO is a hand-picked team of leading practicing CFO consultants who customize and provide financial management solutions for client companies. The company was founded and is still managed by a former CFO. Each of the consultants have, in addition to themselves and the other consultants, access to specialty financial management executive search and placement services to assist in quickly fulfilling on client company requests both in the U.S. and abroad. The firm has recognized vertical market expertise in Sustainable Industries, Start-ups, International, Non-Profit, Retail Services, and Life Sciences.
Responsible for all finance, accounting, human resources and IT functions for privately-held renewable energy company that develops, builds and operates utility scale wind farms. • Led construction financing and contract negotiation for sale of completed facility for $100 million wind project. • Led two Section 1603 Cash Grant applications that resulted in $93 million in awards and managed the certification process for two more projects to be Cash Grant eligible. • Implemented two reductions in force and related cost reduction measures that resulted in positive cash flow from operations.
• Created and staffed accounting and treasury functions to support company as it transitioned from start-up green-field development to construction and operation of 191 MW of wind power assets. • Developed and implemented healthcare and benefits programs, including 401(k) plan. • Coordinated and administered $15 million development loan to support initial growth of company.
Number two financial position for privately-held independent power producer comprising 10 facilities with over $750 million initial capital and annual revenues of $200 million. Responsible for financial planning & analysis, audit and external reporting. • Performed financial analysis and developed external reporting for team that closed $225 million bond offering and $93 million project financing. • Developed and implemented Sarbanes-Oxley section 404 compliance documentation. • Led implementation of purchasing, inventory and maintenance management modules of Microsoft Great Plains (Dynamics) accounting system along with development of relevant policies and procedures.
Responsible for all finance, accounting and contractual matters for newly-acquired subsidiary of publicly-traded company that manufactures and operates small scale cogeneration units for commercial properties with annualized sales of $30 million. • Implemented SAP general ledger and accounts payable modules that reduced processing time by 50% and allowed for future growth without additional administrative headcount. • Responsible for natural gas procurement and contract management for 12 own & operate cogeneration facilities. • Implemented new inventory management system and related policies and procedures to support 100% growth in sales.
Responsible for all finance, accounting and SEC reporting for publicly-traded digital media distribution company serving the television and radio industries with annual sales of $55 million. • Established and administered $11 million line of credit secured by accounts receivable. • Identified and administered cost cutting measures that realized $500 thousand in annual savings. • Partnered with engineering and marketing in the analysis and development of new service which contributed $2 million in sales the first year introduced. • Overhauled credit & collections team that lowered DSO by 7days and recovered $1 million of working capital.