CFO PARTNER

Bill Blaskiewicz

I find that small and mid-size companies have the same issues that large organizations face. They need to better understand their information and utilize that data to address the everyday demands of sales, customer service and production. I partner with business owners and their management teams to streamline their financial processes, improve controls and better monitor their operations resulting in improved profitability.

I enjoy working with my clients to:

  • Identify and mitigate financial and business risks
  • Enhance financial planning and reporting
  • Improve processes and controls
  • Assist organizations through mergers and acquisitions
  • Revise compensation plans to align with goals
  • Improve relationships with financial institutions
  • Select and integrate computer systems to improve operations and productivity

I have over 30 years of financial leadership experience working with companies that are privately owned, private equity-backed and publicly traded. As a partner with the Florida CFO Group, I provide CFO services to clients in various stages of growth, from startup through their exit strategy. Those clients have performed e-commerce sales, sales support services and professional services. I also have extensive history in the production and servicing of high-tech equipment, medical services and financial services.

As a senior-level financial executive, I have personally led initiatives that include:

  • Developing and implementing processes and controls required by a startup organization
  • Orchestrating several transactions, including the successful sale of a company with $35 million in sales, a $50 million acquisition, and the divestiture of three operating units with consolidated sales of over $80 million
  • Being responsible for financial and regulatory audits
  • Restructuring systems and processes to improve productivity, resulting in 20% and 40% reductions in production and administrative support staffs, respectively
  • Overseeing the selection and implementation of several Enterprise Reporting Packages (ERP) and other software packages to improve operations
  • Negotiating with investment bankers and potential investors as part of a private placement that raised $12.5 million of equity as well as other transactions
  • Leading a troubled company though financial workout and structuring an outcome that was acceptable to all stakeholders
  • Reorganizing financial structures to accurately meet strict compliance and reporting requirements, including required processes and controls to comply with the Sarbanes Oxley Act
  • Preparing and filing Form S-1 registration statements to raise capital and perform acquisitions
  • Establishing owner-controlled insurance programs (OCIP) and captive insurance company to significantly reduce overall insurance costs

I joined the Florida CFO Group in 2019, where I provide fractional and part-time CFO support to clients. I have 20 years of experience in delivering management and financial leadership as a C-suite executive. I hold an MBA from the University of Hartford and a Bachelor of Science in accounting from Central Connecticut State University. I am a certified public accountant (CPA) in Florida and hold a chartered global management accountant (CGMA) designation from the AICPA. I also hold certified management accountant (CMA) and certified financial manager (CFM) designations from the IMA. I am a member of the American Institute of Certified Public Accountants (AICPA), the Connecticut Society of Certified Public Accountants (CSCPA), the Florida Institute of Certified Public Accountants (FICPA) and the Institute of Management Accountants (IMA).

Professional experience: Strategic Planning, Management, Finance, Forecasting, Financial Reporting, Accounting, Mergers and Acquisitions, Leadership, Team Building, Process Improvement

Testimonials

I’ve been lucky enough to have had the pleasure of working with Bill for about 2 years now. First off, from the moment he stepped foot into our organization, we became a better, stronger and more financially sound business. His years of experience and business acumen is what allowed him to immediately add value and quickly gain a detailed understanding of our complex, global operation. With the odds against him and no favors given by his predecessor, he was able to successfully navigate us out of an unfortunate and dire financial situation. Upon righting the ship, I credit his communication skills and strategic insight as the differentiating factors that allowed us to take the next giant leap in our company’s evolution. Additionally, his professionalism and integrity is always on display, which allows him to quickly gain the respect of any room. I am 100% confident in his ability to fulfill a CFO role of any size and truly hope he remains a part of my team for many years to come.“

Bill Grueninger—CEO, The SSL Store