Summary
Overview
Work History
Education
Skills
Timeline
Generic

Erica LaBarre

Hampshire

Summary

Dynamic and results-oriented Chief Financial Officer (CFO) with 8+ years of experience in financial strategy, reporting, and operational management within the backflow and wholesale distribution industry. Proven ability to lead cross-functional teams, drive profitability, and implement large-scale financial initiatives. Skilled in business expansion, M&A activities, ERP systems, operations and tax planning.

Overview

12
12
years of professional experience

Work History

Chief Financial Officer

Test Gauge and Backflow Supply, Inc.
07.2017 - 02.2025
  • Directed all financial operations, aligning with company growth strategies and long-term goals.
  • Managed budgets, forecasts, and cash flow, driving a 20% increase in annual revenue over a 5-year period.
  • Developed financial models to support new business initiatives, resulting in successful market expansion.
  • Led the strategy and execution of the sale of multiple businesses, totaling over $7 million in value.
  • Fostered strong relationships between franchisees and franchisors, ensuring alignment with business objectives.
  • Drove sales initiatives through active outside sales engagement.
  • Managed purchasing operations, expanding inventory from $1M to $7M over 6 years.
  • Managed general operations, including overseeing day-to-day activities, improving workflow efficiency, and ensuring optimal resource allocation across all departments.
  • Led implementation of ERP and website systems, streamlining processes and integration.
  • Oversaw multi-state tax planning, including corporate and sales tax.
  • Organized and hosted annual company meetings to report on financial performance and future strategies.
  • Cultivated vendor relationships to manage purchasing, pricing, and rebates.

Staff Accountant

Porte Brown
09.2012 - 07.2017
  • Supported the preparation of financial statements and reports for a diverse client base.
  • Managed accounts payable/receivable, bank reconciliations, and month-end closing.
  • Worked closely with senior accountants, providing data-driven insights to improve financial performance.
  • Contributed to internal audits, identifying cost-saving opportunities and efficiency improvements.
  • Assisted in corporate and personal tax preparation, ensuring compliance and accuracy.

Education

Bachelor of Arts - Accounting

Ashford University
Clinton, IA
01-2014

Skills

  • Financial Management: Budgeting, forecasting, cash flow management
  • ERP Systems: NetSuite Administration, ERP implementation, system integration
  • Project Management: Website implementation, franchise & franchisor structure, business expansion
  • Tax & Compliance: Corporate tax management, multi-state sales tax, tax planning
  • Team Leadership: Team management across multiple locations
  • Sales & Business Development: Outside sales, vendor relationships, and purchasing strategy

Timeline

Chief Financial Officer

Test Gauge and Backflow Supply, Inc.
07.2017 - 02.2025

Staff Accountant

Porte Brown
09.2012 - 07.2017

Bachelor of Arts - Accounting

Ashford University
Erica LaBarre