Jay Smith

Jay Smith is the current Chief Financial Officer at PARFAB FIELD SERVICES, LLC. Prior to this, they were with Xcaliber International LTD., LLC from August 2017 to June 2021, where they served as Executive Leader & CFO.

At Xcaliber, Jay facilitated annually the five-year business growth plan strategy sessions focusing on market-based revenue growth strategies. Under their leadership, the company saw revenue growth trends of 46% in 2021, 21% in 2020, 12% in 2019, and 6% in 2018. Jay also directed the financial and accounting teams to prepare timely GAAP consolidated financials, annual budgets, annual/monthly forecasts and a 5-year forecast valuation model for future debt/asset financing or owner exit.

In addition, Jay worked closely with external auditors (PWC) to achieve AICPA quarterly financials and annual audited financials. Jay also worked closely with owners to implement the internal monthly financial reporting presentation process, board reporting presentation process and weekly dashboard reporting process to improve sales, operational and profitability awareness. Furthermore, they coached the sales team, achieving growth by focusing on targeted growth strategies, customer centric sales tactics and pricing.

Jay has also gone through the entire pre-IPO process including testing the waters meetings, complete writing of the S-1, and five-year forecast model review by analyst. However, due to industry market conditions, the IPO was terminated 1 week before confidential S-1 filing.

Their manager is Chris Swinbank, CEO. Jay Smith works with and Billy Martin - President.