B2B CFO Partners, LLC
B2B CFO® Partner Bio
Tim McLellan
Tim has over 25 years of CFO and Controllership experience, at companies ranging in size from $10 million to large Fortune 500 companies. Tim has also established and managed internal audit departments, along with a Big 4 public accounting background. He is both a CPA (Certified Public Accountant) and a CCIFP (Certified Construction Industry Financial Professional).
He has been involved with companies in several industries including commercial construction, wholesale distribution and warehousing, and manufacturers of plastics, building materials, textiles and industrial products. All of these positions involved the supervision of multiple company locations, ranging from 15 – 50 sites. Tim traveled to these remote locations extensively to implement controls and monitor procedures to insure that the locations could be remotely managed.
Tim has worked with several cash constrained companies to improve accounts receivable collection and customer billing, implement strict controls over inventory and purchasing, optimize accounts payable, monitor all discretionary spending, and train employees regarding the financial consequences of their day to day decisions. He has also developed detail budgets along with multi year financial projections.
He has merger and acquisition experience at both acquired and divested companies. Tim has integrated the accounting function of several acquisitions into multi million dollar companies. This involved the training and upgrading of acquired personnel along with making the existing financial systems both internal and external audit compliant.
He has also set up all accounting functions as part of a divestiture from Fortune 500 companies, including hiring additional staff, establishing new banking relationships, installing new software, and the creation of all employee benefit programs.
Tim's first priority in accounting is to publish user friendly financial data, so that all executive, sales and operations management have a clear picture of the financial performance of the company, along with a strong sense of where the company is headed in the future. Reams and reams of unreadable and inaccurate accounting reports are just a waste of time and trees.
He earned his Bachelor's Degree in Accounting from Michigan State University in 1981 and has been a CPA since passing his exam on the first sitting in 1983. He is a member of the American Institute of CPA's, the Georgia Society of CPA's and the Construction Financial Management Association. Tim has two boys in elementary school that he chauffeurs back and forth to ball games on a regular basis. He has been an Atlanta resident since 1997.
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