Built weekly cash flow model and long-term liquidity forecast for Client that historically had no method of tracking cash, and made recommendations that empowered the Equity Sponsor to make strategic decisions during discussions with lenders, and identify key focus areas for negotiation. Instrumental in achieving a Credit Agreement Amendment that resulted in ~20% increase to liquidity, as well as a carve-out of a segment that allowed the sponsor to recoup its investment after 1 year.

Developed 3-statement model, maintained cash flow & liquidity model, and ran tactical liquidity meetings to help Company make informed decisions on cash use to maximize shareholder distributions and value. Supported CFO through day-to-day operations and a $250M Dividend Recapitalization, allowing sponsors to recoup full investment value in 2 years.

Created model to project interim and final relief requests for Critical Vendor Motion, 503(b)(9) claims, and lien claimants, successfully allocating over $100M for the client to use for these vendors. Prepared operational readiness material for Company’s Accounting/Finance/AP team and guided employees through necessary processes surrounding Company’s Ch. 11 filing. Lead initiative for identification of critical vendors for the Company and coordinated Trade Agreement process.

Lead filing preparation and court reporting initiatives for Company’s Chapter 11 filing (including but not limited to First Day Motions, Statement of Assets and Liabilities, Schedule of Financial Affairs, Monthly Operating Reports, etc.). Conducted diligence on assets to assist investment bank with asset valuation for various asset sales.

Created analysis to determine recovery to unsecured creditors, incorporating various scenarios on timing and income from 6 asset sales and 2 equity transactions. Developed cash flow model for a chain of 16 hospitals in bankruptcy for weekly reporting package submitted to lenders. Managed cash disbursements for hospital chain to ensure maintenance of net cash flow covenants associated with various loans. Performed diligence for investment bank and interested buyers to assist in 363 sales process of 16 hospitals.

Conducted time & motion study for publicly traded Company to identify cost savings within its supply chain. Following the Company’s next earnings report, the stock price increased 21%, partially on news of cut costs identified by the study.

Maintained weekly cash flow forecast that allowed Company to secure incremental capital from sponsor, and assisted Company in meticulous capital planning to navigate through a critical liquidity crunch. Led FP&A team through vendor management exercises to stretch liquidity through completion of a sales process.

Developed and maintained 2-yr weekly CF model that allowed for Company to secure incremental $30M in financing. In conjunction with capital raise, led FP&A team in initiatives that extended liquidity runway for over a year.

Developed time-series model to more accurately forecast sales, shrinking company’s average miss to forecast of 12% to under 6%, allowing for better inventory planning and more efficient use of capital.

Created Cash Flow Forecast identifying an immediate and substantial cash need assisting the Company in obtaining an incremental $10M debt accordion. Created bottoms-up Business Plan Model to create Business Plan Sensitivity Assessment to inform stakeholders of primary value levers of company performance and what needed to be improved upon throughout the year to achieve desired results. In addition, developed thorough Strategic Options deck (including detailed analyses of various bankruptcy paths) that was used as leverage in negotiating the successful sale of the Company.