Michael J. Florio

Partner

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Due to the growth of our firm over many years, we needed to improve numerous processes especially in our accounting/finance department in order to continue our success or I knew we would eventually retract. Mike joined us at RKA approximately 4 years ago and brought to us a wealth of experience from various industries which helped to improve not only our accounting/finance team, but he also played a key role on our leadership team. He helped our firm greatly by developing and mentoring our Director of Accounting and Finance, recommended numerous growth strategies for his team, implemented processes to expedite our month-end closing, improved our reporting, started a new budgeting/forecasting process, took an active role as an ex-officio board member, and was also extremely beneficial to me during the acquisition of our firm by a private equity backed company. Mike was a steady hand during several difficult situations and provided good guidance which helped me in my decision making. I appreciate everything that Mike has done not only for me but especially for our firm.

Montell Irvin, CEO

Ramey Kemp Associates

While operating a company experiencing significant growth the past 2 years, we recognized the need for financial expertise to confirm and assist with our daily decisions. Rankin McKenzie has a fantastic reputation, and we felt lucky to have this resource available here in the Triangle market. Through our vetting process it became obvious that RM was a good fit. We appreciated the selection process used to determine which person would be assigned to our account and could not be happier having Michael Florio as our fractional CFO. He has adapted to our company culture quickly and is doing a great job managing and mentoring our staff. In the past few months, he has provided us with solid insight as well as created financial tools and resources to help us make better business decisions. For any small business that is transitioning to a mid-size structure, I would highly recommend RM.

Fred Black, General Manager

USA Flooring NC

Mike Florio is a partner of Rankin McKenzie, LLC, North Carolina’s largest and most trusted financial management firm. As an accomplished consultant and CFO with over 30 years of experience, Mr. Florio’s financial, strategic, and leadership experience have made significant contributions to many organizations in the health care, food, retail, service based, construction and consumer goods manufacturing business segments. He has developed a broad and extensive array of business experiences in a variety of industries including the profit and not-for-profit categories. Additionally, Mr. Florio has led several successful turnaround situations and ERP implementations.

As a Chief Financial Officer for his clients, Mr. Florio has been the Acting Executive Vice President of Finance and Operations, CFO and Treasurer.

Currently, Mr. Florio serves the following companies:

Wake Radiology, multiple outpatient imaging offices located all through the Triangle region
SPCA of Wake County NC, a society serving to transform the lives of pets and people through protection, care, education, and adoption.

Read the praises his clients speak of him at Client Testimonials.

Prior to joining Rankin McKenzie and consulting, Mr. Florio was CFO of Ipas, a global public health organization, where he established a strong audit and compliance program. He is often mainly responsible for the overall financial management of his clients with a primary focus and strong expertise in the areas of strategic planning, financial reporting, budgeting, investor/board relations, accounting and fund-raising. In addition to performing in his role as a CFO, Mr. Florio has been a key member of senior management teams and he prides himself on being a trusted and dependable company leader. He was a senior executive with FHI 360 and Chief Operating and Financial Officer of All Kinds of Minds and The Body Shop Hair and Skin Care Company USA, where he also served as a member of the U.S. Board. Early in his career, he was employed by Nabisco Brands and received awards for “Best Profit Achievement” and an Edison Award for “Best New Business Introduction of the Year” when he served as Group Director of New Business Development. Mr. Florio has had clients in the not-for-profit arena and has also served as a senior executive in both start-up and global enterprises in this sector. He continues to serve not-for-profits as a volunteer with the local Executive Service Corps of the Triangle.

A native of New York, with over twenty-four years living in North Carolina, Mr. Florio attended Hofstra University in New York where he earned a Bachelor’s degree in Economics and Psychology and St. John’s University where he earned a Master’s of Business Administration as a Graduate Business School Research Assistant with a full scholarship. Mr. Florio was an honors student in both Economics and Psychology and was a Division I athlete while attending Hofstra University.

Career Timeline

Joined Rankin McKenzie as Partner in 2017.
From 2010 to 2017, provided fractional and interim CFO services to clients like O2 Fitness, Ipas, American Forests (Conservation and Environmental organization in D.C.), and Now Hear This (Audiology and Hearing Centers).
From 2007 to 2010 to, Global Financial Head and Corporate Controller for FHI 360 in the Research Triangle.
From 2001to 2006, Chief Operating and Financial Officer for All Kinds of Minds, co-founded by Charles Schwab, a private venture that offered programs for children struggling in school to become successful learners.

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