Jim Loveridge

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Vice President Of Finance @ Innovative Labs

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Jim Loveridge's Current Company Details

innovativelabs.com

Innovative Labs

Vice President Of Finance
Website:
innovativelabs.com
Employees:
12
Industry:
Consumer Goods
PERFORMANCE SUMMARYA Strategic Business Builder, Financial, and Operational Leader with a career of distinction, consistency, and success driving multi-million-dollar growth in multiple organizations while developing and maximizing profitability. Achievements exhibit a breadth of experience and skill sets combined with successes in both startup cultures and large corporate conglomerates. Widely considered a key strategic player and regularly called upon by stakeholders to provide thought leadership in the creation, development, and implementation of mission-critical initiatives with global implications. A professional, accomplished, and versatile communicator instilling customer confidence and promoting internal and external business relationships that have proven to fortify, drive, and sustain scalable results. ACHIEVEMENT CATEGORIES REPRESENTED BELOW * Strategic Planning * Financial Leadership * Operational Excellence * Banking Relations * Due Diligence * Vendor Management * Cash & Liquidity Strategy * Investor Relations * Cost Reductions

Jim Loveridge Work Experience

  • innovativelabs.com
    Vice President Of Finance
    Innovative Labs Jul 23 - Present · 1 yr 8 mos
    Innovative Labs (IL) is a leading developer, formulator, and provider of single serve and multi-dose ingestible health and wellness products for leading brands and direct sales companies.
  • innovativelabs.com
    Chief Financial Officer
    Open Range Beef May 20 - Jun 23 · 3 yrs 1 mo
    Gordon, Nebraska, United States
  • innovativelabs.com
    Controller
    Twinlab Consolidation Corporation (Tcc) Oct 05 - Jul 08 · 2 yrs 9 mos
    Boca Raton, Florida, United States
    CORPORATE PROFILE: Twinlab is a $120M manufacturer with 200 employees that markets multiple Nutraceutical products including Prenatal and Children, Sports and Fitness, Weight Management, Daily Nutrition, Specialty, and Teas. ACHIEVED IN THIS ROLE STRATEGIC PLANNING: Wal-Mart (Spring Valley Supplements) demanded 99.5% fill rates and Twinlab had regularly fallen short. Conceived and initiated a dedicated Wal-Mart team to ensure a seamless relationship. Collaborated on solutions and instituted Wal-Mart demand planning, which solved fill rate issues within 60 days. This kept Wal-Mart satisfied through the balance of tenure.
  • innovativelabs.com
    Senior Vice President And Chief Financial Officer
    Norbest Aug 11 - May 15 · 3 yrs 9 mos
    Moroni, Utah, United States
  • innovativelabs.com
    Chief Financial Officer
    Dynamic Confections Jul 08 - Sep 11 · 3 yrs 2 mos
    CORPORATE PROFILE: Dynamic Confections is a $40M Manufacturer of numerous candy brands: Kencraft, Mrs Fields, Maxfields, House of Brussels (Canada) with 300 employees (including seasonal). RESPONSIBILITIY PROFILE: Reporting to the CEO and Board, responsible for 17 employees with 4 direct. Directed all Accounting, IT, HR activities. ACHIEVED IN THIS ROLE DUE DILIGENCE / OPERATIONAL EXCELLENCE: Drug retailers (Walgreens, RiteAid, CVS, etc.,) routinely require suppliers to share markdown costs for seasonal SKU’s. Determined to investigate knowing it was common for large retailers to erroneously bill back suppliers. Investigation revealed one of the largest retailers had major reporting errors. Used online reporting tools to challenge bill backs. Identified, presented, and collected $250k in reimbursements. This became a best practice.
  • innovativelabs.com
    Director Of Finance
    Mrs. Fields Famous Brands 2005 - 2005 ·
    United States
    CORPORATE PROFILE: Mrs. Fields Famous Brands, LLC provides cookies and brownies in the United States and internationally. The company was founded in 2004 and is based in Salt Lake City, Utah. RESPONSIBILITIY PROFILE: Reporting to the Division President with dotted line to the CFO of Mrs. Fields Famous Brands.
  • innovativelabs.com
    Division Controller
    Tree Of Life Jan 97 - Aug 99 · 2 yrs 7 mos
    CORPORATE PROFILE: Tree of Life (Now KeHe) was the world's leading marketer and distributor of natural and specialty foods, serving more than 10,000 retailers in the United States. RESPONSIBILITIY PROFILE: Responsible for 9 employees with 4 direct. Managed AR, AP, and Payroll functions. Provided semiannual budget and 18 month forecast. Prepared pro forma P/L’s for all new customers, and monitored inventory accuracy. ACHIEVED IN THIS ROLE VENDOR MANAGEMENT: Lack of Vendor controls and management led to multiple improper procedures and limited profit. Determined the root cause was lack of leadership and the result was a culture of apathy. Assembled the team to identify the issues and took over the Vendor discounting function personally. Retrained Vendors where needed and paid out when appropriate. This delivered an additional $100,000 the following year.
  • innovativelabs.com
    Director Of Financial Planning And Analysis
    Mrs. Fields Famous Brands Aug 99 - Oct 05 · 6 yrs 2 mos
    United States
    RESPONSIBILITIY PROFILE: Responsible for 6 employees, all direct. Lead and manage all budget and forecasting activities. Performed or supervised special projects as directed by Chairman of the Board, CEO or CFO. Supported acquisition and refinancing activities. ACHIEVED IN THIS ROLE BUSINESS MODEL EVOLUTION / DUE DILIGENCE: Poor company-owned store performance and a $7M loss from a failed Wal-Mart sales effort revealed the need for a business model evolution. Collaborated with the CEO to conceive a 2 Division model and led due diligence. Once completed, this made an attractive package for a bond refinance. Presented projections to Standard & Poors and Moody’s and once approved, Mrs. Fields was able to refinance and issue new bonds for a total of $195M.
  • innovativelabs.com
    Vice President Of Finance, Chief Financial Officer
    Kelley Bean Co Oct 15 - Apr 20 · 4 yrs 6 mos
    Scottsbluff, Nebraska, United States

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Frequently Asked Questions about Jim Loveridge

What company does Jim Loveridge work for?

Jim Loveridge works for Innovative Labs

What is Jim Loveridge's role in his/her workplace?

Jim Loveridge's role in his/her workplace is Vice President Of Finance.

Which industry does Jim Loveridge work in currently?

Jim Loveridge works in the industry Consumer Goods.

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What schools did Jim Loveridge attend?

Jim Loveridge attended Brigham Young University .

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What is Jim Loveridge's role in his/her workplace?

Jim Loveridge has skills like Finance, Financial Reporting, Forecasting, Strategic Financial Planning, Strategic Planning, Financial Analysis, Management, Accounting, Analysis, Budgets, Gaap, Mergers And Acquisitions, Financial Accounting, Sales, Cash Flow, Financial Planning, Due Diligence, Sec Filings, Internal Controls, P&l, Financial Modeling, Revenue Recognition, Sarbanes Oxley Act, Customer Service, Cost Accounting, Cpa, and Income Statement.

Who are Jim Loveridge's colleagues?

Jim Loveridge's colleagues are Judith Dantes, Stella Bigay-Day, Jason Stott, Coralie Delclos, and Christian Wood. and Brayden Parry.

Who are Jim Loveridge's peers at other companies?

Jim Loveridge's peers at other companies are Natalia Zea-Dremann, Daniel Dones, Melena Veriano, Amar Bhaiya, Igor Redkin, and Marek Lovecky. and Yazid Rohman. Jim Loveridge's peers at other companies are Natalia Zea-Dremann, Daniel Dones, Melena Veriano, Amar Bhaiya, Igor Redkin, and Marek Lovecky. and Yazid Rohman.