Stephen Baird
CFO | Strategic Business Partner | Transformational Leader | Value Creator | Builder of Financial Infrastructure | Advisor to BODs and PE Firms
- Role
- Chief Financial Officer at Cafe Services Inc
- Location
- Auburn, NH, US
- LinkedIn followers
- 500 followers
About Stephen Baird
Strategic and analytical financial executive with extensive experience leading finance…
Experience
Chief Financial Officer
Jan 2016 — Present · Manchester, NH, US
Rapidly growing privately-held food service company with $100M in annual revenue from over 150 client locations operating in 9 states with over 1,100 employees.• Financial leadership resulted in successful sale and divesting of two of three divisions.• Provide strategic leadership, data, and decision making to the CEO and executive team.• Built comprehensive financial modeling and budgets including financial reporting to measure performance versus actual results for three divisions and over 150 locations.• Built a five year planning model to forecast future expected growth including revenue, expenses, income, staffing, facilities, tax strategy, and cash flow projections.• Consolidated debt into one $4.0M revolving line of credit facility with daily treasury cash sweeps resulting in improved working capital management and lower interest expense. Obtained loans from SBA to keep company solvent throughout COVID pandemic.• Replaced manual AP processes by implementing Optical Character Recognition (OCR) software. AP invoices scanned and coded into accounting system via smartphone pictures. AI technology automatically codes invoices for processing while electronically storing scanned copies for AP team processing. • Implemented ADP payroll and HR system resulting in automation and efficiencies.• Implemented F9 data retrieval and financial reporting capabilities to create automated analytic financial and operational reporting for management to measure results and KPIs.• Improvements and efficiencies results in being able to double sales volume through leveraging technology and automation.
Education
Southern New Hampshire University
Master of Business Administration - MBA
University of New Hampshire - Whittemore School of Business and Economics
Bachelor of Science (BS)
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