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TAB Western Connecticut

CONNECTICUT

Jim Cummings

You need to understand all aspects of a business

TAB Western Connecticut

Over the course of his career, Jim learned to a be successful CFO one needs to understand all aspects of a business. Jim began his career in accounting at Remington Products. While at Remington he earned an MBA from the University of Connecticut. Jim continued to advance his finance and operations career, working for The Limited, Diageo, Warnaco. At Warnaco, he was appointed division CFO. More recently he served as senior VP and CFO for Greenwich Associates, a research and advisory company.

In his 30 years leading, working in, or collaborating with every function of a business Jim learned how to help to business owners and key stakeholders optimize cash flows and maximize profitability as well as being a trusted strategic advisor and business leader. Jim has touched all areas of a company including:

  • Restructuring debt.
  • Negotiating financing.
  • Implementing KPI’s.
  • Leading ERP and other technology implementations.
  • Negotiating and structuring employee health care plans.
  • Identifying potential acquisition candidates.
  • Valuing potential acquisition candidates.
  • Mentoring and leadership coaching.
  • Leading capital investment process including ROI forecasts.
  • Product pricing optimization.
  • Risk management.
  • Leading all areas of finance function from financial statement preparation and Controllership to planning, audit and tax compliance, manufacturing & supply chain finance.

Jim and his wife raised two children in Monroe, CT. He played baseball in college and continues to lead an active lifestyle as a golfer, skier, and tennis player. Jim is also inspired by the life of the mind and is an avid reader of books on business, history, and fiction.

Member Success

As a TAB member, through the regular coaching sessions and monthly Board meetings, I gain invaluable mentor and peer support. The TAB ethos and coaching approach has helped me to plan personal and business goals and set direction. This is supported by the wealth of knowledge, skills, experience and support that is shared by the board who provide Impartial, informed and considered guidance and advice on all types of business issues, that enable me to gain fresh perspectives, identify blind spots and fill my skill gaps. Over the last twelve months TAB has effectively become my company’s non-executive board and its members my trusted colleagues.
Saul Goldfarb
Goldfarb & Associates MEMBER SINCE 2011
TAB helped me to focus on the things that have made my business scalable. I was tempted to divert my attention to another endeavor, but TAB helped me determine that was not prudent. The economy, and specifically new building starts, have helped, but the degree of capitalization would not have been possible were it not for TAB. I compare my situation with another franchise owner who was in my shoes several years ago and I am way ahead, in fact we just bought him out. My revenues have doubled, and my capacity has increased four times from what it was three years ago. I have time to be with my girls, work on my hobbies and enjoy life.
Bill Armstrong
President – ProHome Colorado MEMBER SINCE 2011
I have found my investment in TAB to be one of the best things I have done. One of the benefits of joining TAB has been the Peer Board Member’s help in designing a sales program that works. It works because I took the time to help our sales people become better salespeople, not merely pressure them to do more of the same. By being around people who think differently who are going to ask me each meeting how I did, compels me to make the improvements that enable me to enjoy life, and boy, do I enjoy life. I recommend this amazing program without question.
Anson Thompson
The Thompson Group MEMBER SINCE 2016
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