Not an ordinary bean counter

Executive with a successful history of leading financial and operational teams to be effective and efficient while supporting the strategic vision of the CEO. Part of taking a startup through the GFC to a dominant market position. Effective at dealing with complexity and international issues. Adept at managing staff, creating process improvements, using creative approaches to practical solutions and identifying and mitigating risk. Passionate about empowering teams and helping individuals grow personally and professionally.

Leadership | Strategy | Planning & Forecasting | Reporting | Analysis | IFRS | GAAP | Manufacturing | ERP |
SharePoint | Databases | P&L Management | Acquisitions | Due Diligence | Teamwork & Collaboration | Growth

Email: texvertongen@gmail.com
Phone: 858-699 5494

PBO Advisory Group delivers strategic business consulting, outsourced accounting services and day-to-day operational support to start-ups, emerging, public, private, government, and non-profit organizations. We fill the gaps in your in-house teams or serve as your entire department, onsite or remotely. Our core services include outsourced accounting, compliance, businesses advisory, and human resources.

Known for our responsiveness, reliability and accessibility, PBO Advisory’s flexible and scalable approach fits the needs of our clients at significantly less cost than full-time employees or Big 4 resources. With more than 60 professionals on staff, each with diverse accounting and business experience, we provide the Pacific Southwest region with highly skilled, incomparable financial and advisory expertise.

Our roots date back to 2012 when we were founded by Mike Ford, under the name of Pro Back Office. We have evolved over the years to meet the changing needs of our clients and their specific industries and have helped hundreds of companies grow and prosper.

Our PBO Advisory professionals have Big 4, public accounting, and both large and small business experience, with many having their CPA, MBA or other advanced degrees and professional certifications. Our group has expertise in multiple industries, including construction and related industries, craft breweries, life sciences, manufacturing, and distribution, not for profit, professional services, real estate and property management, retail, and technology.

PBO Advisory works with you to learn the unique aspects of your organization. Our engagements with clients often become long-term business relationships in which our group is an integral part of operations as you proceed through your business lifecycle.

Consulting CFO

Fractional CFO that puts companies in control by harnessing the data available to them and by improving the effectiveness and efficiency of their business processes

Integrity | Data supported decisions | Excellence | Accountability | Leadership

Fractional CFO

Bulding Kidz creative philosophy is specifically designed to develop the “whole child”.  Our comprehensive arts-integrated educational program focuses on six key areas of development: emotional, social, cognitive, physical, communication, and academic. We provide customized learning experiences that stimulate every child’s growth to build their Confidence, Commitment, and Character.

Owner

LATITUDE 33 AVIATION is a full-service aviation company specializing in:
-Private Jet Charter
-Aircraft Sales & Acquisition
-Aircraft Management

Latitude 33 Aviation manages the largest and newest fleet of light jets in the United States. Located at Palomar Airport in Carlsbad, north San Diego County, California, Latitude 33 Aviation has established itself as a professional, meticulous and experienced provider in the aviation community. We understand what it takes to deliver an exceptional experience, keeping our elite clientele returning time and again.

-Recipient of the ARGUS Platinum Safety Rating
-Selected as Best Private Jet Charter Company in San Diego by Ranch & Coast Magazine's Readers'​ Poll

Pilot Services/Mentoring Programs
-Latitude 33 Aviation has successfully transitioned owner/pilots from single engine aircraft to flying their own jets around the country.
-We offer exceptionally skilled pilots trained to the highest of safety standards as guides to helping our clients achieve their personal aviation goals.

Private Jet Charter
-Provided under FAA Air Carrier Certificate 2PIA602N.
-When you charter with Latitude 33, you can expect the best; new aircraft, professional crew, a superior experience.

Aircraft Management & Acquisition
-Latitude 33 has the knowledge and experience to optimize your investment - we are the light jet experts.
-The details of aircraft ownership become our responsibility; from FAA/ICAO compliance to Financials.

Call or Email us anytime for more information or a charter trip quote.

Chief Financial Officer

Inspired by the wonderful local and sustainable sources around us, we set out to make a different kind of raw pet food.  

Reporting to the CEO, responsible for financial functions.

•Development of the organizations first ever financial plan.
•Cleaning up and streamlining financial processes. 
•Development of a work around in QuickBooks to allow the company to track and manufacture product in multiple locations.
•Drove costing project that lead to a simplified pricing structure.

Unlisted public company that designs, manufactures and distributes surfboards and hardware, with a strong technological and environmental focus. Manufacturing operation in Thailand and four international distribution centers and annual revenues of $20M with over 300 employees worldwide.

Reporting to the CEO, with responsibility for up to 300 staff worldwide.  Responsible for all financial functions, oversight of the Thai manufacturing factory, coordination of the product development and research & development, HR functions and managing the IT functions. 

•Reduced working capital required for the business by more than $1M by:
 oConsistently holding DSO between 30 to 40 days.
 oCreated and implemented a system to constrain stock levels in a way that responded to the sales cycle and forecasts
 oReduced days of WIP in the factory from 18 to 10 days
•Saved the company from adding over $300K in annual costs by moving the culture to facts-based decision making.
•Successfully source and implemented software - ERP systems (Greentree, Acumatica), Sharepoint and Flow.
•Created dashboards and reporting packages that included financial and non-financial KPIs and analysis of performance against prior years and budgets. Resulting in senior leaders being able to focus attention on the most important levers of the business.
•Managed cash flow to ensure solvency was maintained.  
•Designed system to allow forecasts to be completed within two days.
•Developed a database to control production.  This allowed one person to do accurately in a few hours what direct competitors had multiple staff working on full time.
•Increased the effectiveness and efficiency when dealing with product issues.  This was achieved utilizing SharePoint and Flow.
•Drove a culture of continual improvement and set up documentation systems to obtain ISO and Fair Trade certifications.
•Created processes to improve a chaotic and rushed product development cycle resulting in on time product delivery.

CFO/COO

Australian Based Company that designs, manufactures and distributes surfboards

Accomplishments
•Implemented changes to the financial system to improve the reliability of the data generated.
•Brought company into compliance with legal obligations.
•Successfully negotiated plans to allow the company to meet overdue statutory obligations.

Executive Manager

A state government statutory authority that provides tenancy information and support, bond management, dispute resolution, investigations and prosecutions, and education services
Responsible for the accounting function and management of AUD 300m cash 

Achievements
•	Revamped management reporting.  This was welcome by management and was still in use three years after my contract ended.
•	Reviewed internal controls of transaction processing and implemented changes to strengthen controls.

Accounting Manager - Contract role

One of Australia's leading centres for live performance.
Responsible for various projects to clean up information in the accounting system

Accountant - contract role

Large manufacturer and distributor of acrylic bathroom ware and  vitreous china bathroom ware,with revenue of $7b and 37,000 employees.

Responsible for the accounting functions of the Australasian entities

Achievements
•	Developed of a system to ensure data was always internally consistent. 
•	Covered the CFO role when he was out for an extended period.

Financial Controller

Find out detailed information about Tex Vertongen, Not an ordinary bean counter in Carlsbad, California

Tex Vertongen: Not an ordinary bean counter in Carlsbad, California

Tex Vertongen