Kevin Murphy is an experienced and operationally-focused CFO based in Charlotte. As an interim CFO ($10M – $150M), Kevin drives cross-functional collaboration across multiple disciplines — including Human Resources, Information Technology, Sales & Marketing — that result in profitable growth, increased automation and transparency in accounting and finance systems, and improved governance. He assists startups and early-stage ($0-$10M+) companies as a fractional CFO by partnering with CEOs, investors, and executive teams to scale companies and increase their value.
Kevin has led all Finance, Accounting, and administrative functions and provides immediate value to companies through strategic business plan development, process improvement and cash flow optimization. He has deep domain expertise in the manufacturing, distribution, retail, and professional services industries.
Selected highlights include:
Executive Vice President & CFO, LeeBoy – LeeBoy is a specialty construction equipment manufacturer. As EVP & CFO, Kevin directed the Finance, Accounting, Human Resources, and Information Technology teams during a period of rapid revenue growth. Among his accomplishments, he implemented strategic plans that increased gross margin, reduced operating expenses, and resulted in a $22M increase in profitability – turning an operating loss into a net profit. He reinstituted dividend payments to shareholders and reduced debt by more than 50%. Accounts Receivable days sales outstanding, monthly and annual closings and data analytics all improved significantly under his leadership. Kevin also managed relationships with auditors, lenders, brokers and professional services providers.
Vice President, Professional Services, PlatformOne – PlatformOne provides outsourced payroll, human resources and benefits administration services to mid-market companies. In his leadership role, Kevin developed the internal control framework, implementation methodology and pricing principles that provided structure and a foundation for growth.
Director of Global Risk Management Solutions, PricewaterhouseCoopers – Kevin led teams that designed and implemented IT security, ERP and business process control techniques for Fortune 500 clients in various industries, including pharmaceutical, telecommunications, and manufacturing. He was a key member of strategy team that developed the business plan to consolidate lines of business and was the foundation for more than 25% growth in revenue. He also drove business development efforts and repositioned a $150M business and realized a 15% increase in sales in the first year. Kevin held other senior manager and manager positions at PwC.
Earlier in his career, Kevin was a senior finance executive for $100M+ businesses in the retail, beverage distribution and grocery industries. He implemented automation to streamline the financial planning & analysis, risk management, and accounting functions while also increasing transparency and reducing cost.
Kevin received his BS in Finance from Indiana University and his MBA in Accounting and Entrepreneurship from the University of Maryland.