| Expertise
• Strategic planning
• Financial controls
• Cash flow management
• Accounting processes
• Financial Analysis
• Insurance and payroll system review
James McGehee is responsible for the Financial
Services practice of RTS. He focuses on the creation and implementation of scalable
non proprietary Financial and Information Technology systems that align with the
client's specific needs. Through the use of industry best practices we optimize
profitability.
Recent project work includes, serving
as an interim CFO at Hamburger Hamlet and EL Gallo Giro. During his tenure with
Hamburger Hamlet, there was a 100K reduction in G&A expenses with an additional
200K savings of store level expenses. As interim CFO at El Gallo Giro he orchestrated
a 33% reduction in the accounting department through the integration of technology
systems already in place.
James McGehee was the vice
president of finance at The Ruby Restaurant Group, parent company of 38-unit 1940s
themed Ruby's Diner chain. He was responsible for securing financing to fulfill
the capital needs for the Ruby's Diner growth plan. During his tenure with the
company, McGehee spearheaded the outsourcing of Ruby's accounting staff, realizing
an annual savings of $250,000 for the company. He also implemented a fully automated,
Web-based financial data warehouse, enabling the company's management to process
and distribute daily, weekly and periodic financial reports.
Previously,
McGehee worked with Pasta Pomodoro Inc., where he was responsible for the financial
arm of the rapidly growing 21-unit Italian-themed chain. While with the company,
he served as liaison between the board of directors and venture capitalists. McGehee
was also responsible for integrating the company's systems including POS, sales,
labor and purchasing, enabling the company to increase the number of new stores
by 80 percent with no increase in incremental overhead.
Prior to that, McGehee served as vice
president of finance for LT Acquisition Corp. for three
years. There he was responsible for building relationships
within the investment community to secure financing,
while also evaluating real estate for new site selection
and divestitures,. McGehee is credited with streamlining
operations, which resulted in a 33 percent reduction
of overhead costs. He was part of the management team
initially hired to remove LT Acquisition Corp. from
bankruptcy court in 1998.
McGehee's experience in the restaurant
industry also includes two years with Una Mas Restaurants Inc. as controller,
and three years as a senior financial analyst for Chevy's Mexican Restaurants.
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