Daphne Teague Email & Phone Number

Trammell Crow Center Dallas TX

Galderma: Number 1 Pure Play Dermatology Category Leader. Honored to lead accounting and treasury teams in the largest market on a transformational journey with new world-wide End-To-End systems and processes and Global Business Services.

Fort Worth, Texas

Fort Worth, Texas

Fort Worth, Texas

Fort Worth, Texas

Plano Texas

Denton, Texas New York City, NY

• $400M privately held/private equity owned company designing, manufacturing, internationally sourcing, importing, and distributing women’s, men’s, children’s apparel and specialty products for all major US soft goods.
• Successfully recapitalized company (2007), completed due diligence, and transitioned as CFO with new owners/private equity. Negotiated $75M debt/equity structure. Continuous responsibility for credit facilities and.
• Led purchase, due diligence and accounting integration of acquisitions of Karen Neuburger, St. Eve, Willow Creek, Lady Ester, FYC, and Kleinert’s Buster Brown. Completed integrations within 2-10 months of purchase.
• Drove improved company profitability and reduced capital requirements by improving vendor terms by 30 days, reducing on hand inventory by 30% and reduced days outstanding in accounts receivable by 18 days. Improved.
• Implemented best practices for combined entities for supply chain, international distribution and logistics, quality, strategic sourcing and order flow management. Reduced vendor base by 50%, reduced distribution.
• Implemented integrated operating platform with interface of Blue Cherry ERP system, Solomon Accounting, FRX, EDI and payroll processing. System includes internal control, financial planning and analysis, modeling and.

Denton, Texas

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• Secured licensing agreements with Tommy Hilfiger, Laura Ashley, Vasarette, Hallmark and Caribbean Joe. These business ventures improved our gross margin by 25% and customer base by 40%.
• Devised standard cost accounting system for all international production including variance reporting. Created dual function logistics/accounts payable department for importing product, insuring US Customs compliance.
• Negotiated $25,000,000 Line of Credit with Lenders. Achieved reduction in interest rate and collateral requirements. Established an annual clean out period by reducing obsolete inventory and improving days in accounts.
• Created corporate wide semi-annual budgeting and reporting process. Achieved 8% reduction in operating expenses.

Denton, Texas

• Designed and implemented cost accounting structure for 6 domestic and 2 foreign manufacturing facilities. Achieved a 10% reduction in labor costs.
• Managed responsibility for financial reporting, cash management, credit and accounts receivable, accounts payable, payroll and defined benefit pension plan. Complete ownership of accounting and finance team.

Dallas Texas

• Ernst & Young Dallas, TX Senior Accountant (1986-1987)Advanced Staff Accountant (1985-1986)Staff Accountant (1984-1985)
• Conducted audits of SEC clients, 10K, 10Q, and IPO.
• Promoted from staff accountant to senior in 18 months.
• Audited clients in healthcare, manufacturing, and banking.
• Prepared proposals and services new clients.
• Improved E&Y profitability on two engagements by reducing hours, meeting budgets, and utilizing internal auditors.

Master Of Science, Accounting

Bachelor Of Science, Accounting

Education record