Bob Whitmer Email & Phone Number

Nashville Tn

I was recruited based on experience/knowledge in the temporary staffing and contract labor industry to manage transactional analysis and financial compliance on a $750 million TVA contract. I have been instrumental in ensuring accuracy of financial transactions, managing weekly billing, updating wage rates, and analyzing monthly financial statements. Some of my achievements include: • Achieved 100% compliance on all audits over the past two years and served as primary contact during audits. • Streamlined the billing process to reduce weekly payroll processing time by 20%. • Performed detailed data analysis on large volumes of financial data (40,000 records/week) with extensive use of SAP and Excel using advanced macros. • Optimized data accuracy by identifying records with inaccurate information and ensuring weekly billing for contract labor services to TVA valued at $1.5 million to $4.0 million per week. • Maintain contract compliance by continually analyzing project billing codes to ensure that all billing services meet contract requirements. • Ensure that all 600-1,800 union contract craft personnel are accurately classified and hourly payroll rates comply with contract specifications.

Brentwood Tn

I was hired with the company shortly after it was sold to a venture capital firm and held the key role in developing and managing treasury operations as part of the company’s overall turnaround strategy. I was accountable for banking relationships, cash flow management, preparing/filing all non-income/franchise tax returns and other local/state reports, performing financial analysis, and providing financial input to senior management team. During this time, I: • Developed and managed treasury operations including establishing procedures, creating cash management strategy, setting-up cash forecasting process, and bank compliance. • Submitted borrowing based certificate to lenders each week to sustain the credit line needed to ensure cash flow from lenders for operating capital. • Worked to secure financing necessary to sustain operations and assisted in transitioning to a new lender with a much lower interest rate as the company strengthened its financial position during the successful turnaround. • Assisted with SAP implementation and data migration for the financial module. • Served as a primary contact point for outside auditors to ensure timely completion of all non-financial audits.

Murfreesboro Tn

I started as Manager of Financial Reporting and was promoted to Director of Finance, reporting to the President, where I managed financial reporting, budgeting, general ledger, treasury, payroll, payables, and collections. My achievements and contributions included: • Contributed to growth from $40 million to $120 million and collaborated with executive team on financial issues with regards to growth strategies as well as identifying unusual financial trends/variances against budgeted expectations. • Researched, selected, negotiated, and implemented a financial reporting package (Great Plains/M.S. Dynamics), providing more advanced reporting capabilities and efficiencies (80% time savings) to the financial reporting process. • Managed relationships and negotiated lending banks on the annual renewal of the credit and facility agreement resulting in more favorable terms and a 30% reduction in fees. • Generated additional cost savings by managing and negotiating operating leases at 30 locations in seven states. • Extensively involved in the addition of the company’s new contract staffing service that involved working directly with senior management in developing all financials, projections, and pricing for the new service. • Streamlined payroll tax reporting and developed treasury operations that included implementing cash flow management, strengthening banking relationships, and providing weekly reporting to three key lending banks to maintain consistent source of funds over a 10 year period to fuel company growth. • Presented quarterly to Board of Directors on company’s financial positon and revenue/profit projections. • Led due diligence process resulting in the sale of the company for $20 million.

I was hired into this newly created role of Controller to position the company for growth. I directed a small staff in areas of financial reporting, AP, AR, job costing, payroll and credit. Reported financial reports utilizing the corporate financial reporting system. • Facilitated the relocation of manufacturing for a line of industrial equipment from another division within the corporation. • Reduced the days to close the books by 50%. • Ensured timely payment of progress billings.

Bachelor Of Science, Business/Management (Emphasis In Accounting)

Certificate In Accounting