Steve Sims, CPA
Chief Financial Officer
Professional Overview
Steve Sims is an accomplished Chief Financial Officer with over 30 years of progressive experience in financial management, strategic planning, and operational leadership. He specializes in driving financial excellence and optimizing business performance across diverse industries, including capital markets, biopharmaceuticals, and logistics.
Current Role
As the Chief Financial Officer at Kratos Capital since 2017, Steve is responsible for overseeing all financial operations, including financial reporting, forecasting, and risk management. He has played a pivotal role in streamlining financial processes, improving cash flow management, and implementing robust internal controls to enhance the company's financial stability and profitability.
Career Progression
Prior to joining Kratos Capital, Steve served as the Chief Financial Officer at Smokey Point Distributing, where he spearheaded the company's financial transformation, leading to a successful acquisition. Earlier in his career, he held senior financial leadership roles at Caliber Biotherapeutics, LLC, BancTec, Inc., and VCFO, where he consistently demonstrated his ability to optimize financial performance, drive operational efficiencies, and support strategic business growth.
Academic Background
Steve holds a Bachelor of Business Administration degree in Accounting from the University of Texas at Austin. He is a Certified Public Accountant (CPA) and has also completed executive leadership programs at renowned institutions.
Areas of Expertise
- Financial planning and analysis
- Treasury management and cash flow optimization
- Mergers, acquisitions, and integration
- Financial reporting and internal controls
- Risk management and compliance
- Strategic decision-making and business partnering
Professional Impact
Throughout his career, Steve has played a pivotal role in driving financial excellence and business transformation. His contributions have included:
- Implementing a new enterprise resource planning (ERP) system at Kratos Capital, resulting in a 20% reduction in monthly close times and improved data-driven decision-making.
- Spearheading the successful acquisition of Smokey Point Distributing, leading to a 25% increase in profitability within the first year.
- Establishing robust financial processes and controls at Caliber Biotherapeutics, LLC, enabling the company to secure $50 million in Series B funding.
Conclusion
With his extensive financial expertise, strategic mindset, and proven track record of driving operational excellence, Steve Sims is well-positioned to continue making a significant impact as a transformative Chief Financial Officer. He is dedicated to leveraging his skills and experience to help organizations achieve their financial and strategic goals.
