USA's largest
Chief Financial Officer (CFO) firm
serving mid-market companies

Kenneth J. Knapik

Ken is a senior executive with 25 years of broad based financial management experience. His industry background includes manufacturing, consumer products distribution, construction, and transportation. He has worked in private equity, international, family, and ESOP owned companies. Ken has moved companies to financial success through adept cash management, targeted cost reductions, and operational efficiencies.

Ken has served several companies as their first CFO, and is familiar with the needs of growing businesses. He has been successful in developing policies, procedures, and controls to safeguard company assets, and in improving financial reporting systems. He has learned the value of creating organizational discipline in areas such as purchasing, cash control, justification of asset procurement, and credit authorization.

Other areas of expertise include:

• ERP system implementation
• Cash management / forecasting / modeling
• Manufacturing standard costing systems
• Training of finance / accounting staff
• Leading the strategic planning process
• Product line profitability analyses (using Activity Based Costing techniques)
• Improving the credibility of financial reporting to internal and external stakeholders
• Effective leader of corporate initiatives like margin improvements, inventory reductions, and cost reductions
• Acquisition deal development, due diligence reviews, negotiation, and integration
• Management of IT and HR functions
• Turnarounds

Prior to joining B2B CFO®, Ken was the CFO of a rapidly growing $100 million manufacturer, where he improved cash flow $500,000 by establishing credit policies and procedures, lead a corporate initiative to reduce inventory and improve inventory accuracy, redesigned the standard cost system to help balance production at two manufacturing facilities, and provided post acquisition training and integration of a new subsidiary company. Ken also served as CFO of a $35 million multi-location distributor / retailer where he led cost reduction programs which saved $750,000 annually, and implemented an ERP system which reduced costs an additional $100,000 per year. Previously, Ken was the Controller of a $15 million medical device manufacturer where he led a 12 person team to upgrade the company’s manual systems into a fully integrated ERP system.

Most recently, Ken was the CFO of a truck dealership where he cleaned up the financial records, reconstructed the year end balance sheet, and received an unqualified audit opinion which allowed the company’s financing to remain in place.

Ken brings passion, energy, and enthusiasm to the business. He is a proven problem solver, and an effective communicator to all levels of the business. Ken is equally effective working ‘hands on’ with the staff or strategically with the owners.

Ken earned his Bachelors degree in Accounting from the University of Toledo, and began his career with a Big 4 public accounting firm. During his seven year career in public accounting, Ken served many clients as an auditor and then later as a Tax Manager. Ken and his wife Marian reside in Central Indiana. They have three grown daughters who live in the Midwest. In their spare time, Ken and Marian are active in church activities, enjoy family visits, and traveling.

Email Kenneth J. Knapik

317-696-1123