Michael Stillmock

About Michael Stillmock

A Financial Executive with a solid background in serving as a multidisciplinary strategist within a variety of internal cultures and for diverse clientele across several industries including manufacturing, energy product, natural gas trading, higher education, and employee benefit plans. Adept at collaborating with executive leadership to develop and implement financial visions focused on streamlining operations and improving growth, overseeing a $7M line-of-credit, and managing financial functions that include audits, financial statement preparation, billing, purchasing, payroll, and sales and use tax compliance. Possesses expertise in analyzing data and predicting trends, creating and managing budgets, and managing a diverse clientele within a Big Four public accounting environment.

Experience

1. Chief Financial Officer

   HorsePower Brands

   Nov 2021 — Present · Omaha, NE, US

   Oversee financial functions related to all entities operating via $25M in investments that include seven franchisor entities, a marketing / lead generation entity, call center, bookkeeping service, auto dealership, and recruiting agency. Manage nine direct reports (a Corporate Controller, a Chief People Officer, and seven Directors of Finance).Collaborate with CEO and other leadership to create and execute a strategic financial vision building the portfolio company towards an exit for current ownership.Manage accounting and finance departments, capital budget preparation, and cash flow modeling.Direct preparation of all financial statements, tax returns (prepared via third-party tax firm), and governmental agency reports for seven brands; manage relationships with external auditors and tax preparers.Oversee daily operations of a $7M line-of-credit as well as all accounting department procedures and functions (department processes approximately 900 invoices and 250 bills monthly).Establish corporate insurance that includes EO / DO, workers’ compensation, and fleet insurance programs.Negotiate vendor contracts to establish best pricing and corporate rebate programs when appropriate.Review financial planning process and recommend improvements.Identify opportunities for expansion and future growth that include franchising concepts to add to portfolio of franchise brands.

Education

• Hastings College

  Bachelor of Arts - BA, Professional Accounting

• Creighton University

  Pre-Medicine/Pre-Medical Studies