Nick Dowd

Track record highlights

• Implemented a profit improvement plan that streamlined operations and support services, reducing headcount costs and delivering a $500K turnaround in monthly profitability within just four months.
• Developed a dynamic product costing system that enables monthly cost updates and provides detailed, real-time reporting on product profitability, driving better decision-making and cost control.
• Negotiated multiple credit facilities, securing waivers for covenant breaches, increasing facility sizes, reducing borrowing costs, and achieving more flexible covenant terms to enhance financial flexibility and stability.
• Achieved significant reductions in US capital tax appraised values, resulting in annual savings of $100K. Successfully managed both Canadian and US government tax audits, ensuring compliance and minimizing financial impact.
• Played a key role in over a dozen acquisitions and divestitures, ranging from $2 million to $400 million, overseeing business valuations, due diligence, contract negotiations, and post-deal integration to ensure seamless transitions and maximize value.
• Secured access to multi-million-dollar COVID relief programs in both Canada and the US, and successfully obtained $250K in funding from a Quebec provincial government employee training program to support business continuity and workforce development.
• Built high-performing finance teams by identifying and mentoring top talent, promoting internal growth, and hiring strong independent managers to drive operational excellence and team success.