CPA Managing Partner
Sandy Holtz is an award-winning Certified Public Accountant (CPA) with more than 26 years of experience in the industry, public accounting, and banking. She is a leader and team player with proven abilities to increase revenues and encourage continuous improvements from manufacturing to fiscal operations. Sandy can produce results within a structured environment yet has the unique ability to listen and look at things from an entrepreneurial perspective. With her experience and talent, she converts those ideas into a viable, sustainable, and profitable infrastructure.
Sandy has a Bachelor’s in Accounting from Gannon University in Erie, Pennsylvania, and is a highly trained and efficient professional with certifications in “Executive Program for Growing Companies” from Stanford University, “Executive Program for Manager Development” from Duke University, and “The Disney Approach to People Management” from the Disney Institute.
In her professional career, expanding over 26 years, she has worked in multiple organizations in various capacities. Sandy performed the duties of Director of Finance at the Erie Management Group. She was responsible for financial planning and analysis and managed assets valued at over $80 million for a private investment company. At General Electric Company, Sandy provided her services as a financial analyst and coordinated foreign and domestic delivery and payment details for locomotives, preparing a three-year rolling budget eight times per year and helping the company meet its objectives for Wall Street. At CARON Enterprises, Sandy administered as the general manager and controlled all operations at the manufacturing site. For Trost Sheet Metal, Inc., Sandy fulfilled the duties of a controller and supervised the profit and loss (P&L) reporting to the board members. Sandy also founded the Hangers Cleaners, which employs green technology in the dry-cleaning industry (liquid CO2).
Sandy used the resources of an organization called the CEO space to help three start-ups establish themselves and generate revenues. She also helped a 20-year-old, well-established corporation achieve record profits in a single calendar year. Sandy profitably sold a business within the client’s time frame. She efficiently coordinated resources for various companies and individuals, including everything from introducing businesses to new clients to training and coaching individuals on business strategy and correct sequencing. Sandy has won multiple awards and accolades from the Erie County Economic Development Corporation for her efforts in creating significant job prospects through capital investment. Sandy received the “Small Business Award” from the Small Business Development Centre twice for her contributions to two different manufacturing enterprises. This award is granted to enterprises that contribute to the economic growth, prosperity, and quality of life in North-Western Pennsylvania.
During the last four years, Sandy has introduced two new products in the market and successfully raised $5 million capital for Protective Sports Equipment. She created two companies, Holtz Accounting Services, LLC and Avatar Transportation and Tours, LLC., and both are generating profit. Working with her team, Sandy raised $1 million to be used in the energy business and successfully aligned resources for foreign trade opportunities worldwide, identifying key industries and markets in Mexico and Africa for non-moving products worth $10 million that ultimately would have sold at scrap value. She has created 37 new jobs and saved two companies from bankruptcy. Sandy supervised establishing a 30,000 square foot electronics manufacturing facility that employs LEAN manufacturing operations and became ISO 9001 certified within six months. With a high level of technical and commercial acumen and marketing flair demonstrated through an outstanding record of achievements. Sandy has accumulated in-depth experience in strategic brand management, new product development, finance, retail operations, and marketing. Sandy is a leader and can take ownership of any assignment through to completion and work effectively with people from different departments, companies, and customer organizations. Her skills and experience have enabled her to influence executives, key decision-makers, and highly technical resources.
LIST OF ORGANIZATIONS
Accomplished Work, Task Management, Type of Industry
Director of Finance – Financial Planning and Analysis ($80M of Managed Assets for a Private Investment Company)
Monitored monthly burn rates and estimated breakevens for 27 companies (mostly start ups), which spanned six industries. These included a community airport, a commercial real estate developer, a hedge-fund investment group, a bio-diesel plant, an ice-machine making company, ship building in Netherlands and Canada, an insurance company in England, and the parent managing company.
Based on expansion plans, designed and implemented a company’s internal infrastructure requirements to support their growth. Change was a daily occurrence.
Coordinated the KOZ/KOEZ and KIZ government programs which generated $100K of funds for one associated company alone during its first year.
Researched, budgeted and implemented a Tier II ERP System (Macola) and a document management system (e-Synergy) to be rolled out over 27 companies.
Owner – Introduced and built company using green technology in the dry cleaning industry (liquid CO2)
Did research which showed that “green” industry was going to be the next big business opportunity. This was supported by a meeting put on by Deutche Bank and a Wall Street investment firm. Erie, Pennsylvania, was a very depressed area at the time and had never been successful as a follower. It did, however, have potential to show great success at being a leader. It only needed to put an infrastructure together to support the upcoming green industry initiative that was about to take off.
Raised $800K to demonstrate that investing in a green technology was sustainable and profitable. Went into the business with an 18% to 25% profit margin.
General contracted a 7,000 square foot facility that was built within budget, opened on time and met sales projections.
Managed, by setting operational metrics, to cash-flow the organization through a $400K electrical disaster for two years.
Financial Analyst – $763M Locomotive Division
Prepared a three-year rolling budget eight times per year.
Coordinated foreign and domestic delivery as well as payment details for locomotives.
Held quarterly meetings to meet company’s objectives for Wall Street.
General Manager – $7M – $12M electronic filtering house and circuit-board manufacturer
Moved a 15K square foot facility to a 30K square foot facility under budget.
Controller – $4M full-responsibility accounting
Reduced customer returns from 3% down to 1%. Increased gross margins from 2.5% to 5.3%. Increased retirement-plan participation by 60%.
Full-responsibility accounting for a company that received a GAAP audit each fiscal year.
Negotiated cancellation fees with second tier suppliers, such as Sysco and CMAC and first tier suppliers such as Honeywell at 66%, keeping our company in business until it could be sold at a later date.
Implemented and trained departments on P & L, LEAN Manufacturing, ISO 9001, set up cross-functional teams, 360 review system and open-book management.
Implemented a supply chain management system that had the company 100% compliant with all customer inventory contract requirements and deliveries within six months.
Controller – $4M full-responsibility P & L reporting
Awarded the Small Business Development Center’s “Small Business Award” (see above).
Business turn-around took company to breakeven in less than six months. Dealt with a newly installed Tier II ERP system (Vantage), major customer in bankruptcy, communications and education between departments with out having to let anyone go.
Established an LOC, set and communicated organizations’ expectations in order to assure future success of the company.
Negotiated a union contract with 65 employees.
EDUCATION & PROFESSIONAL ASSOCIATIONS
- Certified Public Accountant – Pennsylvania
- B.S. Gannon University; Erie, Pennsylvania – Accounting
Other Company-Sponsored Training
- Stanford University – “Executive Program for Growing Companies” – Certificate Program
- Duke University – “Executive Program for Manager Development” – Certificate Program
- Disney Institute – “The Disney Approach to People Management” – Certificate Program
- Trost Sheet Metal and CARON Enterprises Inc. – Former Officer
- Protective Sports Equipment, Inc. – Officer and Board Member 20+ years
- Whole Foods Cooperative – Past Officer and Board Member