Dan Smith

Chief Financial Officer at Shari\'s Management Corporation

Role
Chief Financial Officer at Shari\'s Management Corporation
Location
Portland, OR, US
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Dan Smith

Finance executive with experience leading and developing teams in regional and global industries. Leader, listener, and results-oriented problem solver. Motivated to accomplish company objectives by empowering teams through open, honest communication, technical competence, and continuous learning. Valued as a key contributor and strategic partner in cross-functional collaborations. Positive attitude with skills to build relationships across borders, cultures, and differing perspectives.

Experience

  1. Chief Financial Officer

    Shari\'s Management Corporation

    Sep 2019 — Present

    Directed the finance, accounting, risk management, and purchasing teams for a $200 million holding company encompassing 130+ Shari’s, Coco’s, and Carrows restaurants. Interact with private equity ownership in guiding strategic planning initiatives. Challenged to build a controls-based accounting organization to remediate deficiencies. Selected accomplishments: • Pre-pandemic restructuring that eliminated $1 million in payroll costs and reduced support center staffing by 50% through implementation of new back-office system solution • Presented business plan road show to potential investors as part of initiative to sell company • Ensured compliance with lender-imposed forbearance agreement and arranged for amended terms to allow continued operation during pandemic • Negotiated extended payable terms with major vendors and arranged for deferred rent terms with landlords • Secured funding to allow company to continue to employ team members through government-imposed dining restrictions • Arranged for new contract with Oregon Lottery with projected annual revenue increases of $0.6 million • Divided restaurant support center into 3 regional offices, reducing leasing costs by 50%

Education

  • Seattle University

    MS, Finance

    1999 — 2001

  • Linfield University

    BA, Math, Finance

    1993 — 1997

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Dan Smith — Chief Financial Officer at Shari\'s Management Corporation in Portland, OR, US | Unifers