Rick Baldini

WORK HISTORY

EDUCATION

SKILLS

ABOUT RICK BALDINI

Corporate finance executive offering over 15 years of experience building, leading and advising corporations through complex restructurings, business expansion and product development. • Led company out of a $3 million cash flow shortage by quickly gathering data to produce a cash flow statement and financial analysis that led to a $1.5 million loan with favorable terms.• Identified operational inefficiencies of multiple business segments, implemented and drove new initiatives resulting in 25% bottom line increase.• Found weaknesses in work flow system causing errors in revenue recognition policy resulting in a 15% increase in revenue.• Led company to a $2 million EBITDA turnaround in 12-months through increased controls over variable expenses, strategic procurement initiatives, creation of sales calculator and upgrading of ERP system. • Took start-up from launch to growth stage on a shoe string budget and strategic use of capital.• Overhauled financial reporting and analysis to detect early onset of irregularities in claims processing increasing insurance reserves by 20%.• Assisted in development of ERP system that lead to increase efficiencies in claims adjudication and accuracy of financial reporting.• Created propriety cloud-based ERP and point of sale system that could process transactions from inception to fulfillment to revenue recognition. • Rebuilt accounting department and developed and implemented best practices for all business processes, including financial, operational, HR and IT. • Assisted in complex restructuring of 27 acquisitions into a shared services platform for a $30 million Third Party Administrator of Retirement Plans. Core Competencies:• Accounting and Financial Management• Revenue Recognition• Cost Accounting • Treasury• Financial Planning and Analysis• Investor Relations• Taxation• Mergers and Acquisitions• Audits• Risk Management• ERP System Implementation