Alec Puketza

Providing CFO services and Business Transition Services in the Greater Philadelphia area

Home

About Alec

Alec Puketza

Souderton, PA CFO

34 Years of Experience

Direct Contact

alecpuketza@b2bcfo.com

office 267-664-6610

Universities:

Lebanon Valley College

Certificates & Licenses:

Bachelor of Science in Accounting, 1982


Certified Public Accountant, State of Pennsylvania, 1986

Organizations:

Pennsylvania Institute of Certified Public Accountants


Associated Builders and Contractors of SE Pennsylvania

Contact Alec Puketza and receive a free Discovery Analysis™

  • A confidential meeting with the business owner(s), then interview company staff.
  • Look at the company’s financial information and computer systems.
  • Benchmark financial information against industry averages.
  • Create a confidential report of our findings in The Strategy Gameplan™







Alec’s Bio

Alec is a seasoned financial professional with over 30 years of experience specializing in helping privately owned small businesses achieve success. He has served as CFO or Controller for organizations ranging in size from start-up to $50 million of annual sales. A significant portion of Alec's career has centered on servicing businesses specializing in the construction and real estate development industries. His job experience includes working as a CFO or Controller for various Homebuilders, an Excavation and Utility Site Contractor, and an Industrial Specialty Contractor. Alec also worked 8 years in public accounting. In addition to serving construction and real estate clients, he also gained experience in a wide range of industries including a mission-based not-for-profit organization, restaurants, professional services firms, and retail stores.

In the above mentioned positions, Alec has effectively managed all aspects of the finance, accounting and administration functions, including:

  • Cash Management
  • Credit and Collections
  • Financial Reporting
  • Budgeting and Forecasting
  • Risk Management
  • Payroll and Human Resources
  • Information Technology, including accounting software conversions
  • The primary contact person with outside 3rd parties such as banks, tax authorities, insurance agents, accounting firms, law firms, surety, etc.

Alec understands that business owners want to focus the majority of their time and efforts on growing their businesses. By overseeing his client's financial and administrative operations, he allows his clients to do just that. Alec takes pride in bringing value added services to the table. He focuses on improving a company's cash flow and profitability. Alec provides business owners with the timely and accurate financial information to assist them in making wise business decisions. Alec has been very successful in raising needed capital primarily through bank financing, such as working capital lines of credit and long-term equipment financing. As a trusted advisor, he offers a fresh objective perspective, providing business owners with invaluable insights and guidance.

Alec possesses significant experience managing turnarounds of financially distressed businesses. He has helped those businesses:

  • Monitor and improve cash flow which includes preparation of cash flow forecasts
  • Raise needed capital through obtaining new credit facilities
  • Renegotiate loan terms or extended maturities on existing credit facilities
  • Solve delinquent tax issues by negotiating favorable payment plans or Offer in Compromise Agreements
  • Strengthen bank relationships through good communication and providing them timely financial information such as monthly or quarterly financial statements and rolling cash flow forecasts
  • Negotiate favorable debt reductions and payment plans with vendors
  • Clean up the business' credit scores with credit bureaus like Dunn & Bradstreet in order to reestablish credit with vendors
  • Identify and eliminate certain procedures that bring little to no value to the organization, so that company personnel can focus their efforts on the truly important tasks that result in profits

Alec earned his Bachelors of Science degree in Accounting from Lebanon Valley College located in Annville, PA. He is a Certified Public Accountant licensed in the State of Pennsylvania, and is a member of the Pennsylvania Institute of Certified Public Accountants.

Alec resides in Souderton, Pennsylvania with his wife Allison and his two daughters Abigail and Anja. He loves spending time with his family and especially enjoys coaching his daughters' softball teams. Alec is also active in his church, serving as a small group discussion leader and as an elected member of the Board of Directors.

Contact Alec (267) 664-6610

 

Your Name (required)

Your Email (required)

Subject

Your Message

Input this code: captcha

Recent Articles

Sep 19Alec Puketza

CFO Philadelphia – What, no more Budgeting?

Sep 19Alec Puketza

The article “Freed from the Budget” in the September 2012 edition of CFO Magazine advocates doing away with the process of preparing an annual budget. The following are excerpts from the articles listing compelling reasons why to do away with the process and what a company should do instead of an annual budget: 10 Reasons for Replacing the Budget 1 Budgeting prevents rapid response to unpredictable events. 2 Budgeting is too detailed and expensive, absorbing around 20% of management time.

Sep 18Alec Puketza

CFO Philadelphia – 5 Key Metrics All Businesses should Measure

Sep 18Alec Puketza

In the September 2012 edition of Inc. Magazine, the article “What Private Equity Investors Want: 5 Metrics” written by Ed Powers discusses  5 measurements an investor uses to gauge the health of a company. I found them to be very relevant metrics to measure the health for any business.  The following are the excerpts from the article listing the 5 key metrics: Cash flow Although net income is important (no one wants to own a business that isn’t making money), private

Dec 16Alec Puketza

B2B CFO in the News

Dec 16Alec Puketza

B2B CFO Appoints Joseph C. Worth to Vice President of Operations and Expands In-House Digital Media Team PHOENIX–(BUSINESS WIRE)–B2B CFO’s record growth is pushing the firm to become the world’s largest CFO services firm with more than 200 Partners across 39 states and more than 800 clients across North America. B2B CFO surpassed the 200 Partner mark in September of 2011. Corresponding with the pace of the growth, the company today announced the appointment of Joseph C. Worth to Vice