Randy Covens In 60 Seconds...
With extensive experience across multiple industries, Randy Covens is a bilingual (English/French) CFO and COO who brings a strong blend of finance, accounting, strategic, and operational expertise. Randy has successfully led key business functions, including finance, accounting, corporate strategy, and operations, while driving profitability and operational efficiency improvements that enhanced the bottom line and the customer experience. With a proven track record in securing equity and debt financing, along with strong people leadership skills, Randy delivers impactful solutions that improve business performance and fuel growth. Randy is eager to collaborate with you to achieve your company’s financial and strategic goals today.
Specialist Skills
Profit Improvement
Collaborated with owners and executives to enhance profitability measurement across products, lines, and services, leading to strategic discussions and actionable solutions for improved financial performance.
Raising Funds
Effectively translated complex strategies and financial plans into compelling cases for investment and debt financing.
Strategic Thinker
Proven record in leading owners and executives in developing strategies that drive growth, profitability, and sustainable success.
Business Planning
Twenty years experience in delivering accurate and stretch forecasts, budgets, capex plans, and cash flow projections.
Leadership
As a dynamic communicator, I excel at distilling complex strategic and financial insights into clear, actionable messages that galvanize executive teams and drive organizational alignment.
Track Record Highlights
- Developed customer and account profitability models that increase transparency and resulted in renegotiations with vendors, re-pricing of goods and services, and a shift in focus to more profitable business lines, resulting in increased profitability.
- Redesigned a concussion clinic intake process and operations into a concierge-style service, boosting patient retention, speeding up recovery times, and enhancing profitability through personalized care coordination and streamlined payment management.
- Led corporate strategy for multiple companies, culminating in the introduction of new distribution models, new product offerings, and a strategic shift to high-growth, profitable business lines.
- Oversaw the financial aspects of multiple M&A bids, assessing financial impacts and synergies while leading the integration of acquired businesses.
- Secured growth and working capital financing by effectively communicating strategic and financial plans to private equity firms and financial institutions.
- Conducted a forensic accounting mandate that uncovered significant irregularities, leading to the recovery of lost funds and major reforms in accounting and cash management policies.
- Project managed the implementation of new digital solutions, including ERP tools, digital payment systems, cloud-based general ledgers, and advanced reporting and business intelligence tools.
Sector Experience
- Insurance: P&C Insurance, Health Insurance
- Healthcare: Clinics, Nuclear Medicine
- Banking-Financial-Services: Credit Cards, Business Financing, Corporate Credit, Private Equity
- Manufacturing-Transport-Logistics: Manufacturing, Food Processing
- Hospitality-Tourism: Restaurants
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