Virtual CFO
Do What You Love .. We'll Do The Rest!
RECENT SUCCESSES
Nick Morrow is the Practice Director for the Atlanta, Georgia office at CxO To Go.
Email:
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LinkedIn: www.LinkedIn.com/in/nemorrow
Phone: 770.377.9284
Nick has over 30 years of diversified experience in public and private companies ranging from $8 billion to less than $10 million. He has broad ranging experience in manufacturing, insurance and service industries in roles including CFO, VP of Finance, Controller, Information Systems, Sales, Operations and Human resources.Nick has hands on experience with Mergers & Acquisitions, Business Process Re-engineering, strategic analysis, financial planning. Accounting: including plant and cost accounting working capital management. Information systems including selection, installation, troubleshooting and analysis.
He has extensive experience with sales team incentive & performance reviews, operations analysis for all phases of the business, and human resources from incentive program development and implementation, compensation analysis and staff hiring and performance review perspectives. He has direct experience working with management of organizations during significant downturns.
Project Accomplishments:
1. Comprehensive Business Process Review: Nick was a key player in a complete top to bottom review of a $250 million manufacturing organization as part of team involving investment banking and corporate parent management for a subsidiary of a publically traded company. Board of director approval for the plan was granted 10 months after the start of the project.
2. International acquisitions: Nick played a critical role in the merger with the firm’s largest competitor, tripling the size of the firm. He was also involved in another smaller international acquisition.
3. Information Systems Database Design: Nick led a development team creating the conceptual business database for the future of a medical insurance carrier. The team reviewed the core business processes and required new business competencies and then developed a working flexible claim adjudication prototype using leading edge development tools. We demonstrated the new prototype process for the board of directors to rave reviews. The entire team was recognized with “Outstanding Contribution” awards from senior management.
4. Internal Controls review for Fortune 1000 organization: Simplified a comprehensive internal control review for a public Fortune 1000 manufacturer across 35 divisions of the company as a prelude to a Sarbanes- Oxley Rule 404 implementation using a database he designed. As a follow-up he worked on the same database to allow the internal audit team to effectively audit implementation of “Best Practice” internal controls across all their divisions.
5. Critical need Working Capital report: Developed an ad-hoc emergency management exception report for a public Fortune 1000 manufacturer covering over 500 projects that the company was involved in. The report was used to effectively control cash flow during a critical juncture for the company.
6. Internal Audit discovery of FAR and TINA violations: Discovered a major violation of the Federal Acquisition Requirements (FAR) and the Truth in Negotiations Act (TINA) while a member of an internal audit team for a multi-billion $ manufacturer. The fact that the violation was discovered by internal resources put the company in a good position of negotiation with the Defense Contract Audit Agency (DCAA) when they voluntarily revealed the systemic violations.
Nick works well with any level of the organization from the executive boardroom to the average worker at the lowest levels of the organization. Manufacturing is a core strength for Nick. He has strong process oriented knowledge and can apply what he observes to financial modeling, ERP system reviews and implementations, capital expenditure justifications and business process reviews. Nick has an extensive career history in manufacturing finance and information systems.
Prior to CxO To Go, Nick was the Head of Finance and Business Operations at a national executive recruiting firm. He was involved in all aspects of the business and served as a critical advisor to the founding partners. Nick provided critical working capital and cost control management during a severe downturn. Prior to that, Nick was Group Vice-President of Finance for 4 divisions of a manufacturer of automotive capital equipment. The company was in the middle of a failed beta installation of a new ERP system, and hired Nick to help them turn the implementation into a success.
Prior to that, as VP Finance, Nick was involved in another very successful ERP implementation at a 14 plant manufacturer as part of a required year 2000 systems upgrade.
Nick earned Bachelors and Masters Degrees in Accounting & Management from Bryant University in Smithfield, Rhode Island. He has worked with numerous accounting and ERP systems and advanced user friendly development languages. His knowledge of business processes and the people that operate those processes is the key to his success.