SUMMARY

• 20+ years of audit and supervisory experience which included $2.8 billion of discounting payments; exceptional analytical and problem resolution skills; SOX implementation

PROFESSIONAL EXPERIENCE:

Confidential, Greensboro, NC

Manager - Finance and Reporting

Responsibilities:

• Use SQL to data mine multiple unique Oracle databases in order to develop analytical and management reports to support ad hoc analysis and regular recurring reporting needs.
• Produce and analyze complex financial information and key performance metrics for the Transportation Division which encompasses multiple distribution centers and report findings and recommendations to management.
• Manage, analyze and reconcile the preparation of $33.7million Accounts Payable and Accounts Receivable transactions for Transportation Customers as well as prepare month end accruals and reporting.
• Developed processes and procedures to ensure compliance with Customer contracts regarding warehouse and transportation performance. These procedures established the metrics for on-time pickup and deliveries, routing instructions and the appropriate internal and external documentation.
• Project Manager for the implementation of a new freight bill audit and pay process which required the creation and execution of a master process document, project work plans and testing scripts. Facilitated team and client meeting effectively by holding regular meetings with client and staff. Gained a complete understanding of the application programming, databases and system design to ensure the project was implemented effectively. (Disney)
• Have established trustworthy business relationships with clients and carriers.
• Assisted with the implementation of DFS FBAP to JDA and the design of OM10. Assisted with the training of FBAP personnel and continue to offer support by trouble shooting issues.

Confidential, Archdale NC

Controller

• Responsible for all accounting functions and corresponding staff for Accounts Payable, Accounts Receivable, Collections, Billing, Payroll, G/L activities for $5.0 million company using Quick Books. Manage all financial deadlines, internal standards and legal/regulatory requirements.
• Reviewed and established accounting guidelines to correctly record and report all accounting transactions for 9 companies which have been established.
• Developed a new process and established procedures to accurately account for commission receivables and disbursing commission payments. This encompassed researching the current system, reaching out and establishing relationships with external partners, and working closely with internal IT department as well as commission department staff and executives to execute the project. This process tracked the application from the time it was submitted to the insurance company until it was paid or rejected. This process identified potential issues so that they could be researched and resolved timely.
• Prepared and filed annual federal and multiple state income tax returns for all companies as well as audited, issued and filed 1099’s for 1000+ independent agents.

Confidential, Winston-Salem NC

Financial Analyst IV - Trade Performance

• Applied performance and program eligibility components against volume estimates to determine program compliance and establish company’s $468 million budget by utilizing trends and volume parameters by state and by wholesaler.
• This was accomplished by utilizing various systems and software (Micro Strategy, SAP, Microsoft Office applications).
• I provided primary financial analysis and support for Wholesale program and Merchandising Contract Payments by analyzing various components such as Brand Distribution, Product Availability/In Stock, Execution of Promotions, Data Integrity, and Industry Competitiveness
• Analyzed and prepared monthly program accrual that was recognized on the P&L and validate reasonableness to annual budget which was always within established tolerance.
• Ensured the integrity of the financial systems and data so that it complied with Sarbanes Oxley requirements.
• Assisted with the analysis and development of the new 2007 Wholesale Partners and Merchandising Contract programs for implementation in 2Q 2007.
• This was accomplished by developing a model to analysis the financial impact of out of stocks at retail.
• This allowed management to make informed decisions as to program changes that saved the company $3.0 million without impacting sales.
• Developed and administered department Share Point site. Attended extensive training for Hyperion and also was a key player with the design and development of Voyager Connect for Wholesale Partners and Merchandising Contract Payments.

Confidential

Financial Analyst IV - Discounting

• Applied the company’s discounting philosophy against a set of accounts and volumes in order to estimate the company’s $2.8 billion discounting payment liability. This was accomplished by using actual volumes (wholesale to retail) in determining the estimate. This was done on a National basis, with the ability to drill down to the account level to:
• Forecast total year discount spending. Forecast was compared to discount spending operating budget on a monthly basis.
• Estimate outstanding liability.
• Accumulate actual spending, accrued liability and forecasted future spending
• Allow for “what if” type analysis regarding future discounting changes
• Analyzed and provided the monthly discounting expense that was recognized on the P&L and validated the reasonableness of the discounting accrual on the balance sheet at quarter end. A monthly presentation and discussion was held with the Director of Sales Finance and/or VP of Business Finance. Also prepared monthly cash flow statements.
• Designed a discounting model to support new contract negotiations which provided management with the ability to make sound business decisions at the state and brand level.
• In order to comply with Sarbanes Oxley requirements, developed detailed process specifications and quarterly control and testing requirements.

Confidential

Senior Financial Analyst

• Developed, maintained and ensured the integrity of the financial system that generated $2.8 billion in discounting payments.
• This was done by reviewing 180,000 retail accounts and selecting a test population which encompassed every possible discounting situation.
• These accounts where reviewed every two weeks for accuracy prior to the discounting payments being released.
• Designed, managed the programming and implemented Access databases for the processing and tracking of additional discounting payments which also involved the development and implementation of reporting on the verification processing function for Finance and Sales Management.
• I continued to support this function after I moved into the Discounting position. I supervised a support staff that consisted of six clerical and three professional members.

Supervisor

• Analyzed annual, quarterly and monthly purchase data for the MWSA in order to determine RJRT share of market, cap percentage for current quarter and prior quarter to determine if retailer has accomplished share of savings.
• Daily supervision of five verification analysts which required me to assist them in completing their tasks, analyzing and reviewing their progress while assisting them with continuous training and career development.
• Assisted department Manager with special projects as needed.

Financial Analyst

• Maintained accuracy and control of the Leaf Ledger and RLIS (Redried Leaf Inventory System), forecasting, accounting and reporting of various expenses using PeopleSoft.
• Complex accounting and financial analysis of JTI (Japan Tobacco International) monthly statements, accruals and special tobacco purchases where conducted.
• Developed an Excel based budgeting system which interfaced with PeopleSoft.
• Issued accurate monthly, quarterly and annual reports to Financial Planning, Tax Department and US Government agencies.

Confidential, Winston-Salem NC

Administrative VP, Controller

• Managed the East Coast region which included NC, SC, GA, TN and VA which included the preparation and auditing of monthly commission renewals of over 1000 general agents, approved and entered all general ledger and accounts payable transactions, daily cash flow analysis, monthly preparation of financial statements for distribution to Management and bankers, along with budgeting and financial forecasting.
• Reported directly to the Owner and President of the company who where located in Fort Worth, TX.
• Acquired manufacturing cost accounting experience from previous employment with Confidential, Inc. and M&W Industries.
• Both of these companies were metal fabrication establishments.
• Confidential was primarily into fabricating jobs on a one time basis and then they moved to repetitive manufacturing.
• Supervised the Accounts Receivable department and developed a costing system that allowed them to capture the fixed and variable labor and material costs associated with this type of manufacturing.