Core Competencies
CFO
Cash Flow Management
Cash Flow Forecasting
Complex Transactions
Financial Planning and Analysis
Process Improvement
Private Equity
Budgeting and Forecasting
System Implementation
Multi-unit Accounting
Mergers and Acquisitions
Budget Management
Reconciliation
Post Merger Integration
Financial Statement Preparation
Government Compliance
Industry Experience
Manufacturing
Nonprofit
Professional Services
Education & Certifications
BBA, Accounting
University of Texas at Arlington
CPA
Executive Profile
Cindy McSpadden is a partner in the Dallas office of SeatonHill. Throughout her three- decade career, Cindy has served within senior financial executive roles leading various company functions such as finance, customer service, IT, operations, and HR. She has extensive experience consolidating and streamlining disparate company accounting systems, departments, and processes, with emphasis on entities undergoing restructuring, merger, IPO, or delisting. Cindy spent over ten years in public accounting, six years within a private practice providing fractional controller and CFO services for numerous clients, and four years in financial services consulting where she provided M&A integration and turnaround services.
Key Experience
ePayResources: As SVP Finance and Administration for this 1,400-member trade association providing training and compliance services for the banking industry in the area of electronic payments, Cindy was responsible for quarterly reporting to the board, monthly budget variance analysis and financial projections, and investment management per board policy. She joined at the point of a merger and led the selection and implementation of a new ERP system that integrated legacy accounting systems, simplified consolidated financial reports for the board of directors and non- financial managers, and converted all employees to a common PEO/benefits platform.
Southern Frac, LLC: As CFO for this manufacturer of custom tanks for the hydraulic fracturing industry, Cindy was responsible for budgeting and rolling cash flow projections, SOX audits, and monthly/quarterly reporting to the board of directors. She coordinated with the corporate CFO to complete the consolidation for SEC reporting and developed accounting procedures that brought the company into compliance with SEC reporting and control requirements. Cindy improved company banking relationships resulting in reduced fees and fewer audits, and she implemented the Syteline ERP system, which increased gross margin from 13% to 17% as a result of improved cost visibility.
Simeus Foods International: As VP Finance and Administration for this manufacturer of custom food products for restaurant and institutional settings, Cindy oversaw finance, customer service, IT and human resources. She consolidated departmental supervision into the finance group and redistributed tasks, resulting in the elimination of 3 full time equivalent positions. She also transitioned accounting functions into the existing system of the new purchasing company and worked with operations management to identify opportunities for improvements in procedures and cost structures.
Tatum, LLC: As a Principal Consultant for this national consulting practice, Cindy worked with various clients. Key examples follow: For a $35 million transportation company, she developed 13- week cash flow and monthly pro forma statements that enabled the successful renegotiation of bank loans. For a $45 billion energy company merger, she designed a tracking system that ensured all steps of the merger were correctly recorded on the books of the successor companies.