Bernice Bailey work email
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I have spent my career absorbing new ideas and finding better ways to do things. I am continually searching for ways to use my expertise to create and implement unique solutions that optimize cash flow and profitability.I have a successful history of managing financial and accounting operations for a premier department store retailer. I provide mentoring and coaching for colleagues as well as guidance to ensure data integrity and consistency in practice. I implemented an audit program to remotely monitor stores’ cash handling and created web based reporting to ensure controls are operating effectively. My oversight of the finance functions for a $5 billion Macy’s division included accounting, payables, cash management, account reconciliation, planning and forecasting.Specialties: Finance & Accounting Management, Process Improvement, Internal Controls, Budgeting & Forecasting
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RetiredLast Jan 2022 - Present
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Vp Finance And AccountingBluemercury Feb 2020 - Dec 2021Providing control oversight of financial planning, forecasting, accounting, capital and payables functions for the Bluemercury division of Macy's, Inc. -
Vp Capital ControlMacy'S Feb 2014 - May 2019Cincinnati, OhDirected the financial administration of capital projects. Supervised fixed assets accounting, including plans, forecasts, general ledger activity, and reconciliations. Ensured compliance with established controls and policies. Addressed internal and external audits. • Managed $1 billion in annual capital and coached the team to monitor and track developer funding payments, successfully collecting $140 million in funding. • Led team to source and implement a new capital project management system that provided data analytics and more efficient workflows. -
Director Of Cash ServicesMacy'S Apr 2009 - Feb 2014Cincinnati, OhManaged the daily audit of cash receipts from over 800 stores, focusing on identifying patterns of shortage. Worked with loss prevention resources in the field to resolve problems at the source. Documented policies and requirements to roll out standard procedures for store personnel. • Consolidated cash control and sales audit functions for all divisions into a central location, improving cash shortage expense by 17% with a 50% reduction in staff.• Implemented an in-store program to reduce counterfeit currency, resulting in a 60% reduction in average daily counterfeit expense. -
Director Of Financial Services & PlanningMacy'S 2003 - Apr 2009Atlanta, GaManaged control functions including accounting, A/R, A/P, cash management, capital control, and sales audit. Developed financial plans and forecasts for $5 billion division. Executed planning of balance sheet components including cash, prepaid expenses, inventory, accounts payable, and accrued liabilities. Reviewed general ledger reconciliations for accuracy and resolution of reconciling items. • Created and monitored challenging expense and income targets across departments, successfully achieving EBIT goals.• Controlled $1.6 billion in expense, including $224 million gross advertising expenditures and $76 million vendor reimbursement. -
Chairman Of The Board Of DirectorsRetail Employees Credit Union Jun 2006 - Feb 2009Oversight of the credit union board of directors, a volunteer board comprised of executives from the companies in our membership base.
Bernice Bailey Skills
Bernice Bailey Education Details
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Finance -
Marketing & Transportation
Frequently Asked Questions about Bernice Bailey
What company does Bernice Bailey work for?
Bernice Bailey works for Last
What is Bernice Bailey's role at the current company?
Bernice Bailey's current role is Leisurist.
What is Bernice Bailey's email address?
Bernice Bailey's email address is be****@****cys.com
What is Bernice Bailey's direct phone number?
Bernice Bailey's direct phone number is +140422*****
What schools did Bernice Bailey attend?
Bernice Bailey attended Georgia State University, University Of Georgia - Terry College Of Business.
What are some of Bernice Bailey's interests?
Bernice Bailey has interest in Exercise, Electronics.
What skills is Bernice Bailey known for?
Bernice Bailey has skills like Cash Management, Strategic Planning, Process Improvement, Accounting, Strategic Financial Planning, Analysis, Accounts Payable, Inventory Management, Retail, Forecasting, Sales Management, Management.
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