Jim Scott

Current

CFO at Binary Tree

Past

Interim CFO at V12 Group
CFO at ExpertPlan Inc.
Managing Director at TheCFO.com LLC

CFO at 1st Venture
Chief Financial Officer at VLearn International Inc.
VP-Finance and Administration at Spirent Communications
Plant Comptroller and Adminstation Manager at Anchor Glass Container Inc.

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Education

Rutgers, The State University of New Jersey - Rutgers Business School
Rutgers, The State University of New Jersey-New Brunswick

Recommended

7 people have recommended Jim

Connections

391 connections

Industry

Information Technology and Services

Websites

Jim Scott’s Summary

Entrepreneurial CFO with over seventeen years of executive level leadership experience supporting fast growing technology enabled companies.
My focus is on reaching objectives by providing leadership to enable others to concentrate on their role in delivering on the corporate vision. Provider of organizational and financial framework to enable managers, employees, vendors and customers to contribute optimally to company success as measured by customer satisfaction and bottom line results. Hands-on team player who gets everyone into the game; leader by example.
Provided and prepared all financial and presentations resulting in raising over $75 million in funding for 6 different companies.

Jim Scott’s Specialties:

Budgeting and Forecasting, Human Resources Management,
Fund Raising and Creative Financing, Operations and Financial Analysis, Margin and Profitability Improvement, Profitability Improvement Programs, Financial Statement and Dashboard Design, GSA Contracts, Deal Negotiation, LOI Preparation and Review, Cost Accounting, Business Turnarounds and Exit Strategies, ERP/MRP/CRM Systems, Audit and Corporate Tax Management, Corporate Governance

Jim Scott’s Experience

Interim CFO

V12 Group

(Privately Held; 51-200 employees; Marketing and Advertising industry)

July 2007 — January 2008 (7 months)

Provided CFO related services to marketing services company supporting aggressive acquistion strategy. During my engagement V12 acquired 2 target companies increasing revenues by over 130%.
CFO

ExpertPlan Inc.

(Privately Held; 51-200 employees; Financial Services industry)

October 1999 — July 2007 (7 years 10 months)

Providing experienced financial, operational and HR management to the nation's fastest growing online provider of retirement recordkeeping services. Led ExpertPlan from startup through 3 rounds of VC funding and into profitability and positive cash flow.
• Managed sale of NJ Tax Net Operating Losses providing over $750,000 in cash.
• During a period of 70% growth managed all company operations including customer service, cash management, ERISA compliance, new account setup.
• Setup and managed first online credit card payment plan for 401k plan sponsors in the retirement services industry.
• Negotiated key vendor contracts ensuring savings of over $790,000 over the next 3 years.
Managing Director

TheCFO.com LLC

(Privately Held; 1-10 employees; Management Consulting industry)

January 1999 — June 2003 (4 years 6 months)

Provider of CFO services to startup and early stage technology companies.
• Responsible for developing all short and long range financial and business planning for client companies.
• Helped raise private and venture capital and helped clients form technical and marketing alliances
CFO

1st Venture

(Financial Services industry)

1999 — 2001 (2 years )
Chief Financial Officer

VLearn International Inc.

(Privately Held; 11-50 employees; E-Learning industry)

August 1997 — December 1998 (1 year 5 months)

CFO for online distance learning provider.
• Worked closely with bankers, venture capital firms, investment bankers, customers, alliance partners and re-sellers to secure necessary funding and optimize product development and delivery.
• Managed all treasury, banking, risk management and administration.
• Managed all hiring, recruiting and employee benefits.
Activities on behalf of the company included appearances on nationally syndicated television (Money Hunt) and radio shows ("Gina Smith's Technology" on WABC radio network).
VP-Finance and Administration

Spirent Communications

(Public Company; 51-200 employees; Telecommunications industry)

May 1987 — August 1997 (10 years 4 months)

• Responsibilities included all financial (including treasury, inventory and cost accounting, billing, order entry, payables, tax, payroll and reporting), facilities, risk management, administration, MIS, internal IT, telecommunications, internal and external audit management, inside sales and human resources functions.
• Negotiated and managed multimillion-dollar government sales (GSA) contracts.
• Managed the build out, move to and expansion of corporate offices.
• Prepared company for IPO.
• Co-managed refinancing of the company that resulted in numerous venture capital and buyout offers. This culminated in sale of the company to Spirent plc in November 1995., In
Plant Comptroller and Adminstation Manager

Anchor Glass Container Inc.

(Public Company; 501-1000 employees; Consumer Goods industry)

October 1984 — May 1987 (2 years 8 months)

Managed all accounting, stores, purchasing, production scheduling, shipping and receiving, stores and related functions for 550 employee Cliffwood NJ glass container manufacturing plant.
Helped lead the financial turnaround (Profit Improvement Program) that improved a $2+ million annual loss into a $2+ million annual profit