Paul Scott has over 20 years’ experience as a “Special Forces” financial professional who works in the trenches alongside staff, business professionals, advisory teams, family and board members to find the hidden meaning in the numbers that may not be evident, but are critically important to understand. He uses his insight to resolve issues, mentor change, and help increase transparency, profitability and sustainability. Often, Paul is called upon to navigate the often complex financial and organizational issues associated with anticipated or unexpected change.
Consulting Experience
For Profit Entities:
Interim CFO and CEO level expertise providing leadership and ensuring accuracy, reliability and concurrence with organizational and executive-level management requirements.
Paul’s insights as a turnaround specialist can help with unanticipated changes such as:
- Loss of revenue
- Loss of key employees
- Unexpected tragedies
- Unpaid taxes
- Employee misconduct
Paul’s expertise can help with anticipated change such as:
- Create exceptional team relationships, foster open communications and empower staff
- Prepare for and execute an exit strategy (business sale or bankruptcy)
- Transition senior management or family control of the business
- Review major business transactions prior to completion (Due Diligence)
- Update operations, infrastructure and internal controls
Not For Profit Entities:
- Develop overall strategic plans, direction strategies and operational budgets to achieve goals and carry out the mission of the organization
- Author operational guidelines, accounting procedures & controls and training to ensure ongoing accuracy and compliance
- Conduct training, oversee audits and forge positive relationships with staff, regulators and funding sources
- Develop strategic plans to garner new donors, increase bequests, planned giving and acquiring new funding relationships
- Analyze revenue and funding sources to ensure donations and grants are positioned accurately and with integrity
- Determine whether funding sources align with overall agency mission and ensure reporting of activity is relevant, accurate, compliant and in accordance with accounting, audit and regulatory standards
- Developing internal processes among all disciplines (programs, IT, finance, etc.) to build and maintain relationships with constituents, donors and funding