Alex Boerema, Manager

Alex Boerema is a highly accomplished restructuring professional with experience with financially distressed and under-performing companies. He is skilled in assisting his clients manage their unique crisis management situations in a timely manner. His experience includes financial management and operational advisory services, bankruptcy contingency planning and reorganization, interim management, mergers and acquisitions, strategic growth initiatives, and federal and state receivership processes.

Alex has experience in corporate and external stakeholder advisory, business plan development, 13-week cash flow forecasting and variance analysis, integrated financial modeling analysis, market strategy analysis, and corporate restructurings. He has experience in interim management engagements as CFO, Controller, Director of FP&A, and VP of Finance Roles. He has also earned the Turnaround Management Association’s Emerging Leader Award.

Representative Experience

  • Interim CFO/Controller for a $150MM metal fabrication and distribution company where he prepared daily borrowing base certificates to secured lenders, provided weekly and monthly accounting and month-end journal entries, and produced periodic liquidity reports for day-to-day operations.
  • Interim Deputy CFO for a $80MM fabrication and manufacturer where he managed the accounting and treasury teams, prepared liquidity/collateral reports, vendor management activities, and communication with the secured lenders and private equity.
  • Financial advisor for $100MM produce distribution company where he provided weekly cash flow forecasting and variance reports, prepared operational analysis reports to assess depart efficiencies, and arranged ad hoc analysis reports during forbearance negotiations.
  • Financial advisor to $80MM heavy equipment company where he prepared weekly cash flow forecast reports and variance reports, reported findings to secured lending group, debtor, and financial professionals, and presented negotiation strategy to restructure terms of secured creditor’s forbearance agreement.
  • Financial advisor for $75MM petroleum distribution company and gas station operator where he provided weekly cash flow forecast report, trained CFO and finance department, and provided working capital analysis and impact on liquidity management.
  • Financial advisor for Chapter 11 reorganization of $10MM hotel and vacation villa association operator, where he prepared a plan of reorganization and provided accounting and reporting analysis reports.

Contact Information

E-mail: alex.boerema@cr3partners.com
Phone: (708) 937-3698
LinkedIn | VCard


Industries

  • Automotive
  • Energy
  • Food & Beverage
  • Healthcare
  • Manufacturing
  • Retail

Education & Certifications

  • B.B.A., Robert Morris University
  • M.B.A., Morris Graduate School of Management
  • Certified Insolvency and Restructuring Advisor

Alex Boerema, Manager

Contact Information

E-mail: alex.boerema@cr3partners.com
Phone: (708) 937-3698
LinkedIn | VCard


Industries

  • Automotive
  • Energy
  • Food & Beverage
  • Healthcare
  • Manufacturing
  • Retail

Alex Boerema is a highly accomplished restructuring professional with experience with financially distressed and under-performing companies. He is skilled in assisting his clients manage their unique crisis management situations in a timely manner. His experience includes financial management and operational advisory services, bankruptcy contingency planning and reorganization, interim management, mergers and acquisitions, strategic growth initiatives, and federal and state receivership processes.

Alex has experience in corporate and external stakeholder advisory, business plan development, 13-week cash flow forecasting and variance analysis, integrated financial modeling analysis, market strategy analysis, and corporate restructurings. He has experience in interim management engagements as CFO, Controller, Director of FP&A, and VP of Finance Roles. He has also earned the Turnaround Management Association’s Emerging Leader Award.

Representative Experience

  • Interim CFO/Controller for a $150MM metal fabrication and distribution company where he prepared daily borrowing base certificates to secured lenders, provided weekly and monthly accounting and month-end journal entries, and produced periodic liquidity reports for day-to-day operations.
  • Interim Deputy CFO for a $80MM fabrication and manufacturer where he managed the accounting and treasury teams, prepared liquidity/collateral reports, vendor management activities, and communication with the secured lenders and private equity.
  • Financial advisor for $100MM produce distribution company where he provided weekly cash flow forecasting and variance reports, prepared operational analysis reports to assess depart efficiencies, and arranged ad hoc analysis reports during forbearance negotiations.
  • Financial advisor to $80MM heavy equipment company where he prepared weekly cash flow forecast reports and variance reports, reported findings to secured lending group, debtor, and financial professionals, and presented negotiation strategy to restructure terms of secured creditor’s forbearance agreement.
  • Financial advisor for $75MM petroleum distribution company and gas station operator where he provided weekly cash flow forecast report, trained CFO and finance department, and provided working capital analysis and impact on liquidity management.
  • Financial advisor for Chapter 11 reorganization of $10MM hotel and vacation villa association operator, where he prepared a plan of reorganization and provided accounting and reporting analysis reports.

Education & Certifications

  • B.B.A., Robert Morris University
  • M.B.A., Morris Graduate School of Management
  • Certified Insolvency and Restructuring Advisor