Nick Turchan
Chief Financial Officer @Team8 Sports & Entertainment
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WORK HISTORY
Chief Financial Officer @Team8 Sports & Entertainment
Pepper Pike, OH, US
Financial lead for TEAM8 client management operations, Laver Cup and the Match for Africa series. Including developing finance and accounting infrastructure (processes and systems), management/BOD reporting, external reporting and investor relations. Also responsible for other functions including Human Resources, Information Technology, Risk Management and Office Administration- Sole project resource for multi-entity implementation of new ERP system- Beat implementation Go-Live date and project came in under budget- Re-engineered Chart of Accounts for both the Laver Cup and the TEAM8 Client Management business to facilitate more useful management reporting- Created financial board book, streamlined management of investor relations, including periodic reporting and communication of rolling forecasts with key shareholders Tennis Australia, USTA, Jorge Paulo Lemann- Converted historical data from legacy system to Xero to facilitate more useful management reporting on this older data- Advise from a financial and operational perspective on all contracts- Key team member in leading M&A activity and developing investment strategy- Led investment process for TEAM8\'s substantial investment in UTR- Implemented Human Resources system allowing for streamlined employee communications, engagement and consolidation of disparate employee files and documentation- Implemented on boarding process for new employees to ensure seamless integration into the organization from a technical and operational perspective- Implemented digital document repository for all organization\'s contracts and documentation; organization is now almost completely paperless
EDUCATION
John Carroll University
Bachelor of Science in Business Administration, Accountancy
John Carroll University
Masters in Business Administration
SKILLS
ABOUT NICK TURCHAN
As the CFO of TEAM8 Sports & Entertainment and Laver Cup, I bring over 20 years of finance, accounting, and operational experience to the dynamic and growing sports business industry. I am a certified public accountant and hold a master\'s degree in business administration from John Carroll University.My core competencies include budgeting, forecasting, strategic planning, financial reporting, compliance, acquisition due diligence, process improvement, system implementations, cash flow management, cost reduction, capital planning, business development, and contract negotiations. I have successfully implemented a new ERP system, re-engineered the chart of accounts, and created a financial board book for both the Laver Cup and the TEAM8 client management business. I also serve as an investor and advisor for Akron City FC, a semi-professional soccer team in Ohio. I am passionate about leveraging my skills and expertise to support and grow the sports business sector.
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