Areas of Expertise
- Asset Management
- Bankruptcy Proceedings
- Cash Management & Cash Flow Projections
- Cost Accounting
- Due Diligence
- Financial Management
- Financial Planning & Analysis
- Financial Reporting
- Forensic Accounting
- Litigation Support
- Project Management
- Section 363 Sale
- Tax & Audit Support
Industries
- Commercial Real Estate
- Healthcare Services
- Insurance
- Manufacturing
- Oil & Gas
- Restaurant
- Telecom
Prominent Cases
- CFO for Howell Munitions & Technology, Inc., X-Treme Bullets, Inc., Ammo Load Worldwide, Inc., Clearwater Bullets, Inc., Howell Machine, Inc., Lewis-Clark Ammunition Components, LLC, Freedom Munitions, LLC, and Components Exchange, LLC.
- Interim CFO for Forgiato, Inc., a high-end custom wheel manufacturer. Assisted management with implementation of proper cost accounting, overall accounting, financial reporting and internal controls, financial planning & analysis, tax and audit support, and cash management.
- Financial Advisor to Debtors, Grill Concepts, Inc. and Subsidiaries. Advised the restaurant management team, turning the company profitable during the pandemic and getting their bankruptcy plan approved by the court, resulting in full recovery to priority, secured creditors and substantial recovery to the general unsecured creditors.
- Forensic Accountant and assisted Expert Witness in a commercial real estate property litigation, resulting in a win and substantial recovery for the client.
Experience
- 4 Years with Firm
- 32 Years of Relevant Experience
Biography
Angela Marker Smith has over 30 years of diversified and strategic financial and operational experience servicing clients in the manufacturing, telecom, insurance, oil & gas and healthcare services industries. She has participated in Chapter 11 filings and administration, 363 sales, disposition of assets, cash flow analysis, auditing of financial reports, and business plans.
Prior to GlassRatner (now doing business as B. Riley Advisory Services), Smith was the CFO at Howell Munitions & Technology, Inc. (HMT), which included nine other separate entities. HMT was a high-volume manufacturer of bullets, cases, ammunition and loading machines. She was instrumental in working with over 25 different private equity firms looking for funding for the company during a struggling time in the industry. Smith coordinated with all external auditors, bankers, tax preparers and other management on behalf of HMT. She
managed the consolidation and financial reporting for all entities. She
was instrumental in proper costing and pricing of all products, focusing on
profitability for all segments of the company. She assisted in the bankruptcy filing process for this manufacturing company that included eight separate debtors, preparing all schedules, monthly operating reports, cash flow reports and projections and support to the CRO and legal counsel. Prior to the bankruptcy filing, she worked tirelessly to identify areas of the company that could cut costs and control spending where the company could be profitable during a time in the industry that was contracting.
In addition, Smith worked as an FPA Manager for the public telecommunications company, Verizon Wireless, where she planned and managed their operating and capital budgets for the Network, Systems and Operations Departments. She was a member of multi-million-dollar capital projects during a time of extreme expansion. She prepared and/or reviewed Business Cases and Plans on major projects affecting the department. She managed the Technology Transfer process, which included working and negotiating with legal, contracting, international partners and external vendors to ensure all contracts were created and managed in the best interest of the company.
She went on to help manage various projects at Verizon Wireless, from the planning to implementation stages. Such projects included the Cell Phone Number Mobility Project related to all Network, Systems and Operations. She was the project lead for the conversion of a new Time Reporting System for 300+ employees, including the development and tracking of Work Breakdown Structure and Timeline. Smith was also the project manager for the Oracle Financials to PeopleSoft Financials conversion for a department budget of over $40 million.
While employed at Deloitte and Touche LLP, Smith audited private and public companies in the Insurance sector including California Compensation Insurance Company and Foundation Health Insurance Company. She prepared both Statutory and GAAP Basis Financials and Notes to the Financials, while also working on the California Earthquake Authority that offers earthquake insurance to California residents.
Smith holds a Bachelor of Science degree from the University of Idaho and a Project Management Certificate from University of California Berkley. She is a Certified Public Accountant (licensed in Idaho) and a past St. Joseph Regional Medical Center Foundation Trustee.