Experience

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  JJ Nichting

  • Pilot Grove, Iowa, United States

  • CFO

    • Oct 2015 - Present
    • Pilot Grove, Iowa, United States

    Case Agricultural Dealership - Responsible for financial operations, systems, human resources, insurance, legal, and growth strategy. In concert with the CEO, in 6 years moved from 1 full service store to 4, from 5 counties to 18. Refocused operations towards parts and service sales vs. large equipment, thereby quickly raising margins. Implemented complete new systems with focus on profitability by function (equipment, parts, service) and by location.

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  CREM DEVELOPMENTS LIMITED

  • London, United Kingdom

  • Owner and President

    • Jan 2012 - Dec 2019
    • London, United Kingdom

    UK based company providing cremation equipment to UK crematorium. Started company to capitalize on new legal requirement for pollution control of UK based cremations. Additionally was key developer of green site crematorium and leasing model for the UK market.

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  IOWA WESLEYAN COLLEGE

  • Mt. Pleasant, IA

  • Vice President and CFO

    • May 2014 - Sep 2015
    • Mt. Pleasant, IA

    Responsible for all business operations of the college including financial operations, systems, human resources, insurance, legal, facilities, food service and bookstore.•Restructured internal reporting to highlight operational revenues and expenditures separate from fundraising, investment and non-operational activities. Utilized this structure as basis for projections and long term forecasts to clarify operations separately.•Implemented new financial reporting system including monthly departmental budgets and cash flow projections.•Coordinated new discounting strategies with admissions focusing on net revenue.

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  CRAWFORD INDUSTRIAL GROUP LLC

  • Orlando, Florida Area

  • President, Minority Shareholder & Board Member

    • Jan 2004 - Dec 2011
    • Orlando, Florida Area

    Responsible for all aspects of turn-around situation and move from a family run business to one with structure and defined processes. Increased sales by 67 percent and merged into larger company in 2009.•Developed bills of material, engineering drawings, electrical schematics, and software programs for all standard Crawford products. •Implemented use of policy manuals, org charts, and operations manuals.•Implemented an accounting system where none existed previously, and added the ability to track costs by project resulting in price changes and profitability.

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  M&J INDUSTRIES LLC

  • Chillicothe, OH

  • CFO, Minority Owner and Board Member

    • Jan 1999 - Dec 2003
    • Chillicothe, OH

    Responsible for all aspects of $75 million manufacturing business outside of floor operations and sales. •Developed variable pricing schedules based on direct costs and negotiated new pricing schedules with major customers.•Researched customer needs and negotiated purchase of $10.0 million West Coast manufacturing company directly from owner to meet customer desire for faster West Coast deliveries. This led to $5.0 million in new business.•Hired President to operate West Coast facility and integrated all administrative functions into main facility.

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  SHEAFFER PEN COMPANY

  • Ft. Madison, IA

  • CFO, Minority Owner and Board Member

    • May 1993 - Dec 1998
    • Ft. Madison, IA

    Responsible for the overall strategic direction of the company and all international operations. •Initiated and negotiated minority purchase of Sheaffer from Swiss owners for myself and another ex Parker executive. Arranged additional ownership upon reaching milestones.•Developed and was the primary driver of turn-around plan based on new product development and product rationalization.•Recruited marketing executive to develop new marketing materials and POS positioning displays leading to renewed product interest.•Consolidated three manufacturing sites to a single location and implemented total quality program.•Established JV with Chinese manufacturer (Wing Sung) in order to provide new low cost product without related manufacturing capital.•Recruited equity partner to lead management buy-out of the company and led this effort until agreeing to alternatively sell to BIC Corporation.

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  GILLETTE COMPANY

  • Greater Boston Area

  • Integration Manager

    • Jan 1993 - May 1993
    • Greater Boston Area

    (1993)Integrated all aspects of Parker’s North American business into Gillette with the exception of manufacturing. •Integrated every aspect of $80 million Parker division and closed 2 legal entities within 15 months without any major business impact while eliminating over 100 positions.•Reconfigured all pricing programs and marketing programs as well as store spiffs to conform to Gillette legacy systems without alienating Parker customers.•Coordinated training between new Gillette personnel and outgoing Parker staff in a positive environment for both parties.

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  PARKER PEN USA LIMITED

  • Janesville/Beloit, Wisconsin Area

  • North American CFO and Board Member

    • Jan 1985 - Dec 1992
    • Janesville/Beloit, Wisconsin Area

    Operated as Board team of 5 responsible to turn around profitability of North American operations.•Took operations from a $3.0 EBITDA loss to $17.0 million EBITDA profit over a 5 year period and led cost savings team.•Co-leader of 3M Total Quality Program throughout the company resulting in lower defects and annual savings of over $5.0 million.•Investigated and led change to self funded health insurance programs resulting in savings of more than $250k annually. •Prepared all financial reports for corporate headquarters.

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  Manpower

  • United States
  • Staffing and Recruiting
  • 700 & Above Employee

  • Corporate Controller

    • Jan 1982 - Dec 1984

    of $1.0 billion NYSE listed Manpower (originally listed as Parker Pen) which also owned Parker Pen, Norm Thompson cataloguers, and a number of smaller financial institutions. Responsible for integrity of all financial information including annual reports, SEC filings, audits, Board and executive management reports.•Negotiated sale of the Parker Pen division to Schroeder Ventures and Management group.•Set up export company in Dutch Antilles saving over $3.0 million annually in taxes.•Negotiated purchase of Benelux distributor and set up Dutch company to take over operations.•Reported to Board audit committee on annual report and outside audit reports.

  • Corporate Accounting Director

    • Jan 1981 - Dec 1981

    Responsible for all consolidated statements (over 40 companies), all US reporting and accounting, and all world-wide accounting policy.

  • Corporate Internal Audit Manager

    • Jan 1980 - Dec 1980

    Oversaw audits of over 40 US and international subsidiaries.

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  Deloitte

  • Greater Milwaukee Area

  • Audit staff CPA

    • May 1976 - Jun 1980
    • Greater Milwaukee Area

    Audit staff CPA