Partners
Cheryl Bonnet
Cheryl Bonnet
Cheryl Bonnet
951-757-2301 cheryl@visioncfo.com
Cheryl is an experienced executive with over 27 years of financial management and operational experience as a CFO, Vice President of Finance, and Controller for public and private companies ranging from start-ups to businesses with annual revenues in excess of $300 million. Her industry experience includes construction, real estate investment, healthcare, retail, manufacturing, and non-profit. She is expert at quickly assessing the key indicators that drive success in any business model. Cheryl uses this knowledge to help business owners develop processes, systems, and financial reporting that increase cash and drive bottom line results. She has experience working with emerging businesses, financial turnarounds, and businesses experiencing rapid growth. Her expertise includes:
- Strategic planning and budgeting
- Assessing and improving the bottom line
- Increasing cash flow and managing accounts receivable
- Improving the accuracy and timeliness of financial reporting
- Re-engineering core business and financial processes
- Internal controls, risk management, and compliance plans
- Negotiating and administering favorable contracts
- Information technology to reduce costs and improve management reporting
- Government contracting and public works projects compliance
- Banking and auditor relations
- Investment policies and procedures
- Board governance and relations
Prior to founding Vision CFO, Cheryl held the positions of VP of Finance and Administration at Paul Ecke Ranch, CFO of Scripps Investments & Loans, Inc., Vice President of Finance and Business Development of San Diego Hospice and The Institute for Palliative Medicine, and Controller of Alvarado Hospital. Most recently, she was the CFO and partial owner in a successful commercial construction company. Cheryl has led companies through financial turnarounds and managed company wide re-engineering efforts that have saved the companies she worked for millions of dollars. She is credited with recouping $950,000 from a government agency as the result of her persistence during a three-year Office of Inspector General (OIG) audit. Cheryl is a results oriented executive who has served as a board member for various organizations and participated at the national level in the development of government cost reporting standards and industry bench marking. Cheryl earned a Masters of Business Administration from San Diego State University and a Bachelor's Degree in Business Management from Brigham Young University. She is currently serving as the President of the BYU Management Society, San Diego. The mission of the organization is to promote moral and ethical leadership throughout the world. Cheryl has completed the Integrity Coaching program and coaches new Vision CFO partners to help them be successful with the firm. She enjoys teaching a children's class on Sunday for her church and previously served in the youth program for ten years. Cheryl and her husband Chris have been married for 24 years and reside in Escondido, CA.
Kent McBeth
Cheryl Bonnet
Cheryl Bonnet
619-840-1130 kent@visioncfo.com
Kent is a well-respected and trusted financial executive with 36 years in financial management. His experience was developed in 3 diverse career segments: commercial bank officer, business executive and business owner/founder. He has been a trusted advisor to or a member of the executive management team for middle-market (sales of $5M to$75M+) companies in a multitude of industries such as general contractors, specialty subcontractors, transportation, heavy equipment sales and rental, wholesale tires, lumber & building products, high tech defense contracting, real estate development & leasing, precision metal fabrication, food production, agriculture products, professional sports teams, cleaning supplies distribution, reinforcing steel fabrication & installation, precast concrete, and others.
Kent adapts well to change. He became CFO of a construction company having extensive experience in financial analysis, forecasting and risk management, but limited experience with percent-of-completion accounting, bonding, lien laws and other elements unique to the construction industry. He mastered these and other skills and created a very capable, highly efficient and cohesive team of accounting, HR and IT personnel. His team accurately and skillfully supported the profitable growth of a regional construction company with annual revenues of $16 million to become the largest reinforcing steel contractor in the nation achieving annual sales of $500 million and increasing total personnel from 135 to 2,300 in just 8 years.
Kent plans and achieves complex processes and meets compressed time schedules. As CFO he reduced the delivery time of the monthly reporting and analytics package for the reinforcing steel subcontractor from the 13th of each month to the 6th business day of each month. He also led the due diligence and integration teams for 4 business acquisitions and for the ultimate sale of the company to a multi-national public entity at a very lucrative valuation for the selling shareholders.
He creates a work environment that fosters excellence in work product, a sense of pride in personal and team performance, and an attitude of cooperation within teams and among departments. The rapid growth of the construction company involved the addition of personnel and integration of new employee groups. This process involved the assimilation of people who had apprehensions and perceptions of adversarial relationships. He successfully changed counter-productive attitudes into amicable, mutually beneficial and productive relationships through information transparency, team development, and fair & sincere interest in each employee.
He develops strong relationships with co-workers, outside professionals and service providers. He builds trust and confidence through information accuracy, timeliness, integrity, and a calm and comfortable demeanor.
He values individuals. He believes that a company’s most valuable assets are its people - their personal safety and well-being, their professional growth & development, and the health and stability of their home and family. Kent earned a Master of Business Administration degree with an emphasis in corporate finance from Brigham Young University. He also completed his undergraduate studies at BYU in the university’s nationally distinguished School of Accountancy. He has served on the board and as president of the San Diego chapters of the Construction Financial Management Association and of the BYU Management Society, and on the board of Junior Achievement. He has been active as a volunteer in church service, Boy Scouts of America, Boys and Girls Club, and other community service. Kent and his wife of 37 years reside in San Diego County. They have 5 sons, 1 daughter and 12 grandchildren. He also is fluent in written and spoken Spanish.
Pat Mawhinney
Cheryl Bonnet
Pat Mawhinney
303-995-8484 pat@visioncfo.com
Pat has 28 years of executive management, financial management and operational experience as a CEO and CFO for businesses ranging from privately held start-ups to public companies on NASDAQ. He has worked with companies from conception through private placements, IPO and secondary offerings.
Pat has worked in and with a variety of industries including high tech, retail, e-commerce, food industry, distribution, and manufacturing. He considers himself an entrepreneur first, an accounting professional second, having started four companies leading them financially and as a visionary from inception to sale. Pat passion of working with business owners to achieve their goals both professional and personally has lead him to Vision CFO.
Pat's experience allows him to quickly analyze a business to identify both opportunities and problem areas for the owners and their business. His understanding of finance, management and operations allows him to develop the financial systems to support the company's operations and provide the necessary feedback that a CEO needs. He possesses high-level skills in strategic business planning, establishment of operational/financial controls, transaction structuring, systems integration, human resources, and risk management. Pat has years of expertise in developing interactive financial forecasting tools that have been used to raise capital, sell companies, and support business plans. In one of his most recent assignments, his forecasts helped in the sale of a three-year-old company for $30+ million to a competitor in the interactive classifieds space. Pat has also designed forecasting tools that has helped companies raise over $90 million in both private and public placements.
Pat has been involved in numerous mergers and acquisitions. These transactions have given him an understanding of the importance and difficulties of preparing a company for CPA audits and reviews or prior years that can be essential to drive the best value in mergers and acquisitions.
Pat holds a Bachelor’s of Science degree in Business Administration with emphasis in Accounting from Colorado State University and a Master’s of Science from the University of Colorado at Denver.
Pat is active in his community having spent over 35 years coaching youth football, boys’ and girls’ basketball, boys and girls lacrosse and soccer. He is currently the Head Varsity Girls Lacrosse Coach at Chaparral High School. Pat and his wife Fara of 30 years reside in Southern Riverside County they have two grown children Teran (28) a graduate of Occidental College and UMHB and the Linebacker's coach at Clairmont-Mudd-Scripts College , and Margaret (26) an academic all-conference Lacrosse player and graduate of the University of Southern California and current Law Student.