Barbara Horton

VP of Finance

EXPERIENCE

2018 – Present
Action Medical Technologies, LLC
Conshohocken, PA 19428
(Auto-injector Development, Manufacturing & Licensing)
VP Finance

  • Developed budget, staffing plan, and benefits structure for start-up technology company
  • Created cash flow estimates to determine investor contribution targets to attain short-term goals
  • Worked with team to develop and submit company’s first US Government contract proposal

2015-2018
HawkGrips – premier brand physical therapy instruments
Chief Financial Officer

  • Redefined accounting system to better analyze sales, define most popular products & successful distribution channels.
  • Responsible for purchasing, vendor relations, inventory levels and flow. 
  • Negotiated payment terms with product vendors which increased our liquidity.
  • Established credit limits and criteria for customers that also increased liquidity by 50%.

2006-2015
Jofit, LLC,
Chief Financial Officer
Ivyland, PA
National and International Women’s athletic eTail clothing company; partnered with owner. 

  • Reached $10M in 2015, CAGR 35-40% growth per year.
  • Calculated appropriate sales goals and incentive programs to drive sales in key markets, and selected target accounts.
  • Assisted in securing major retailer buying program, representing 15% of company sales volume for years 2010-2012.  
  • Developed factoring program to finance pre-profit cash-flow.
  • Developed all phases of operations and logistics to support rapid growth of company, including: Order entry and invoicing procedures.
    • Receiving and warehouse organization
    • Developed calendar from Creative to Purchasing, based on market launches
    • Sourced and implemented ERP software system, trained employees on all modules
    • Developed credit approval and receivables collections protocols

2001-2012
Ardagh Group (formerly Impress USA, Inc.
Consultant
Pittsburgh, PA
Developed budgets; maintained depreciation records and obsolete status of $10M spare parts inventory. 

2006
Consultant, Capital Wine & Spirits – division of Charmer-Sunbelt group
Philadelphia, PA;
Analyzed 4-year historical PLCB sales and promotions trends, to gain leverage in PLCB marketplace.

2000-2001
Consultant, Heinz North America, Inc.,
Pittsburgh, PA
Coordinated international divesture of $90M can-plant facilities in 5 locations worldwide. 

1996-1999
Chorus Line Corp
Los Angeles, CA
Vice President Corporate Strategic Planning
$250M apparel manufacturer and retailer.  Reported to President/CEO; member of Senior Management Committee.

  • Operations – all phases of inventory planning and Business planning model. Reduced inventory by 42% in 1st year, saving significant cash and interest expense. Developed key performance measures.
  • Finance – Refinanced the Company’s working capital loan package ($40M facility), saving $2M over 3 years. Developed and maintained all banking relationships and credit lines.
  • Accounting – Created budget and activity-based costing to cut expense $15M (30%) in 2 years.
  • Marketing/Business expansion – Analyzed potential acquisition, merger and joint venture concepts. Performed market segmentation studies for all distribution segments.
  • Strategic Planning – Coordinated and compiled strategic goals for Company’s short-term and long-term plans. Developed metrics for measuring success to achieving goals.


1994-1996
Rampage Clothing Company
Los Angeles, CA
Financial Analyst
$250M apparel manufacturer and retailer, reported to CEO/Owner.

1991-1993
Sirena Apparel Group – South
El Monte, CA
Controller
All financial responsibilities for a $40M apparel manufacturer.

1989-1991
Heron Financial Corp
Los Angeles, CA
Senior Accountant
International real estate acquisition and development company.

1987-1989
Days Inns of America
Atlanta, GA
Supervisor of Hotel Accounting
Performed accounting-related functions for third-party-owned, company-managed hotel properties.  Supervised all levels of external audits for these properties.

1985-1987
Midlantic Banks, Inc.
Newark, NJ
Auditor
Conducted compliance audits for departments, branches and affiliated mortgage companies of a major regional bank.

 

EDUCATION 
Pepperdine University, Malibu, CA; Master of Business Administration
Graduated 1992

Widener University, Chester, PA; Bachelor of Science degree, Accounting Major
Graduated 1985

 

VOLUNTEER AFFILIATIONS 
2016-2017
National Charity League, Board Member

2015-2016
Central Bucks Athletic Association, Director

2005-2008
Groveland Home and School Association, Board Member

2003-2004
Newtown Presbyterian Church, organized first MOPS chapter

1997-1999
Junior League of Los Angeles, Board Member

Barbara Horton

VP of Finance

EXPERIENCE

2018 – Present
Action Medical Technologies, LLC
Conshohocken, PA 19428
(Auto-injector Development, Manufacturing & Licensing)
VP Finance

  • Developed budget, staffing plan, and benefits structure for start-up technology company
  • Created cash flow estimates to determine investor contribution targets to attain short-term goals
  • Worked with team to develop and submit company’s first US Government contract proposal

2015-2018
HawkGrips – premier brand physical therapy instruments
Chief Financial Officer

  • Redefined accounting system to better analyze sales, define most popular products & successful distribution channels.
  • Responsible for purchasing, vendor relations, inventory levels and flow. 
  • Negotiated payment terms with product vendors which increased our liquidity.
  • Established credit limits and criteria for customers that also increased liquidity by 50%.

2006-2015
Jofit, LLC,
Chief Financial Officer
Ivyland, PA
National and International Women’s athletic eTail clothing company; partnered with owner. 

  • Reached $10M in 2015, CAGR 35-40% growth per year.
  • Calculated appropriate sales goals and incentive programs to drive sales in key markets, and selected target accounts.
  • Assisted in securing major retailer buying program, representing 15% of company sales volume for years 2010-2012.  
  • Developed factoring program to finance pre-profit cash-flow.
  • Developed all phases of operations and logistics to support rapid growth of company, including: Order entry and invoicing procedures.
    • Receiving and warehouse organization
    • Developed calendar from Creative to Purchasing, based on market launches
    • Sourced and implemented ERP software system, trained employees on all modules
    • Developed credit approval and receivables collections protocols

2001-2012
Ardagh Group (formerly Impress USA, Inc.
Consultant
Pittsburgh, PA
Developed budgets; maintained depreciation records and obsolete status of $10M spare parts inventory. 

2006
Consultant, Capital Wine & Spirits – division of Charmer-Sunbelt group
Philadelphia, PA;
Analyzed 4-year historical PLCB sales and promotions trends, to gain leverage in PLCB marketplace.

2000-2001
Consultant, Heinz North America, Inc.,
Pittsburgh, PA
Coordinated international divesture of $90M can-plant facilities in 5 locations worldwide. 

1996-1999
Chorus Line Corp
Los Angeles, CA
Vice President Corporate Strategic Planning
$250M apparel manufacturer and retailer.  Reported to President/CEO; member of Senior Management Committee.

  • Operations – all phases of inventory planning and Business planning model. Reduced inventory by 42% in 1st year, saving significant cash and interest expense. Developed key performance measures.
  • Finance – Refinanced the Company’s working capital loan package ($40M facility), saving $2M over 3 years. Developed and maintained all banking relationships and credit lines.
  • Accounting – Created budget and activity-based costing to cut expense $15M (30%) in 2 years.
  • Marketing/Business expansion – Analyzed potential acquisition, merger and joint venture concepts. Performed market segmentation studies for all distribution segments.
  • Strategic Planning – Coordinated and compiled strategic goals for Company’s short-term and long-term plans. Developed metrics for measuring success to achieving goals.


1994-1996
Rampage Clothing Company
Los Angeles, CA
Financial Analyst
$250M apparel manufacturer and retailer, reported to CEO/Owner.

1991-1993
Sirena Apparel Group – South
El Monte, CA
Controller
All financial responsibilities for a $40M apparel manufacturer.

1989-1991
Heron Financial Corp
Los Angeles, CA
Senior Accountant
International real estate acquisition and development company.

1987-1989
Days Inns of America
Atlanta, GA
Supervisor of Hotel Accounting
Performed accounting-related functions for third-party-owned, company-managed hotel properties.  Supervised all levels of external audits for these properties.

1985-1987
Midlantic Banks, Inc.
Newark, NJ
Auditor
Conducted compliance audits for departments, branches and affiliated mortgage companies of a major regional bank.

 

EDUCATION 
Pepperdine University, Malibu, CA; Master of Business Administration
Graduated 1992

Widener University, Chester, PA; Bachelor of Science degree, Accounting Major
Graduated 1985

 

VOLUNTEER AFFILIATIONS 
2016-2017
National Charity League, Board Member

2015-2016
Central Bucks Athletic Association, Director

2005-2008
Groveland Home and School Association, Board Member

2003-2004
Newtown Presbyterian Church, organized first MOPS chapter

1997-1999
Junior League of Los Angeles, Board Member