Professional Summary
Professional Overview
Chad Armstrong is an accomplished Chief Financial Officer with a proven track record of driving financial strategy, operational efficiency, and business growth. With over 15 years of experience in the manufacturing industry, he is recognized for his expertise in financial management, ERP implementation, and strategic decision-making.
Experience Summary
Current Role
As the Chief Financial Officer at TEAM Industries, Chad is responsible for overseeing all financial operations, including budgeting, forecasting, and financial reporting. He plays a key role in aligning the company's financial strategy with its overall business objectives, ensuring the organization's long-term financial stability and profitability.
Career Progression
Prior to his current role, Chad served as the Chief Financial Officer at Suburban Manufacturing Group, where he successfully implemented a new ERP system and streamlined financial processes, leading to improved efficiency and cost savings. Before that, he held various accounting and financial management roles at Talon Innovations, including Controller and ERP Implementation Manager, where he demonstrated his ability to drive operational improvements and support organizational growth.
Chad began his career as an Auditor at LarsonAllen and Eide Bailly LLP, where he gained valuable experience in financial reporting and compliance, laying the foundation for his subsequent leadership roles.
Academic Background
Chad holds a Bachelor of Science in Accounting from the University of Minnesota, where he graduated with honors. He is a Certified Public Accountant (CPA) and maintains a strong commitment to professional development, staying abreast of industry best practices and technological advancements.
Areas of Expertise
- Financial strategy and planning
- ERP implementation and optimization
- Operational efficiency and cost management
- Financial reporting and compliance
- Business performance analysis and forecasting
- Cross-functional collaboration and strategic decision-making
Professional Impact
During his tenure at Suburban Manufacturing Group, Chad played a pivotal role in the successful implementation of a new ERP system, which resulted in streamlined financial processes and improved data-driven decision-making. This initiative contributed to a 15% reduction in operating costs and a 12% increase in overall profitability.
At TEAM Industries, Chad has been instrumental in aligning the company's financial strategy with its long-term growth objectives, leading to a 20% increase in revenue and a 10% improvement in profit margins over the past two years.
Conclusion
With his exceptional financial acumen, strategic vision, and proven track record of driving operational excellence, Chad Armstrong is a valuable asset to TEAM Industries. His commitment to continuous improvement and his ability to leverage technology and data-driven insights make him a trusted partner in supporting the organization's ambitious growth plans.
