Highly skilled financial professional with 20 years experience directing financial and accounting initiatives across varous industries with expertise in all aspects of financial reporting, financing, treasury, audits, risk management, tax compliance and employee benefits. |
FINANACIAL SERVICES COMPANY - ENERGY 2001 To Present
Financial Director/Chief Financial Officer
Manage ongoing internal and external financial reporting and GAAP compliance including multi-level consolidations of 15 companies. Prepare annual operating and capital budgets for multiple companies and product lines. Monitor and communicate monthly budget variances. Develop strategic planning meetings to identify company strengths and weaknesses, competitive advantages, mission statements, and corporate values. Initiate strong investor relations including the preparation of quarterly reports and investor distributions. Coordinate with outside auditors to prepare data. Oversee risk management operations including insurance RFP and redesigning insurance policy portfolio. Negotiate vendor contracts and review and approve accounts payable disbursement. Monitor tax compliance, which encompasses data preparation, review and sign off of outside tax accounts, and federal and state tax planning.
Key Highlights:
• Maintained health insurance increases below 10 percent annually for 5 years despite market trend of more than 15 percent.
• Supervised and approved payroll of more than 100 commission-based employees, including maintaining employment contracts.
• Created monthly financial reporting systems, which provided management with faster and more accurate information while using the existing underutilized accounting system.
• Eliminated 99 percent of sales and accounting errors by designing improved internal controls, which enhanced speed of invoicing, collections, and time to close.
• Coordinated with executive management, board of directors, and Wall Street investment banks to market company for sale, which resulted in a sale to a publicly-traded company.
• Oversaw competitor acquisition and directed due diligence, financing, and integration matters.
• Negotiated need for business interruption insurance and successfully filed $250,000 claim.
REAL ESTATE DEVELOPER / CONSTRUCTION COMPANY 1991-2000
Fully integrated real estate development and construction company of subdivision, custom homes, apartments, and commercial warehouse parks.
Chief Financial Officer
Directed all company accounting and financial departments and operations including accounting system selection for project and construction departments. Developed policies and procedures for accounting department. Developed federal, state, and international tax planning and tax compliance with outside tax accountants and lawyers. Monitored cash flow projections and planning, and prepared pro forma budges and sales presentations of new projects. Reviewed and approved payroll. Supervised staff of 15 and recruited and trained accounting team members.
Key Highlights:
• Organized sale closings with title and mortgage companies and sale of completed projects through preparation of cash flow projections.
• Led project financing efforts with development department leaders.
• Managed overall office and personnel management and established all employee benefits.
INTERNATIONAL CPA FIRM 1985-2001
International firm of CPAs and consultants servicing industries, such as construction, banking and financing, manufacturing, and publicly-held retail and electronics companies.
Audit Manager
Led 4 audit teams with staffs of 2 to 8 in conducting GAAP audits of mid to large companies. Reviewed and approved planning, field work, and GAAP financial statement preparation including financial statement footnotes. Presented financial and audit results to management. Prepared annual reports, quarterly reports, IPOs, and other SEC reports and documentations as required.
Key Highlights:
• Spearheaded initiative to implement more computer technology into the audit process.
• Created audit templates and spreadsheets to automate flow of information from client's data to the end product financial statements, which reduced errors and decreased preparation time.
• Moderated large and challenging audit clients and consistently completed projects on time and with budget.
• Coordinated training classes for partners and directed college campus recruiting efforts.
EDUCATION
Bachelor of Business Administration in Accounting
University of Texas at Austin, Austin, Texas
PROFESSIONAL DEVELOPMENT
Certified Public Accountant
350 Hours of Continuing Education:
Auditing, GAAP Financial Statement Presentation, SEC, and Tax Matters
PROFESSIONAL MEMBERSHIPS
American Institute of CPAs; Texas Society of CPAs |
