Heidi Shimp - Fava Email & Phone Number

Charlotte, Nc, Us

Matthews, North Carolina, Us

Charlotte, Nc, Us

15-year partnership with AAA Carolinas, leading the financial reporting and fiscal accountability for a $270M company, with a team of 8 direct and 30 indirect reports, and reporting to the CFO. Chartered financial and board objectives through impeccable standards of excellence in strategic business planning; accounting operations; regulatory compliance; financial statement preparation and reporting; operational efficiency; and M&A leadership. Oversaw the accounting function across diverse industries of Automotive Repair, Travel, Insurance, Emergency Road Service, and Membership. Achieved goals with actionable leadership, high-performance teams, and strategic execution.─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ LEADERSHIP AND BUSINESS IMPACT ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─➤ As Director of Budget and Finance, enabled revenue growth and brand positioning, with company scaling $30M over the past 3 years.➤ Led financial operations, inc. Accounts Payable, Accounts Receivable, Payroll, Sales & Use Tax, Property Management, and Financial Reporting of a not-for-profit member organization.➤ Prepared annual budgets for $200M in revenue, and held financial accountability for HQ & 56 offices.➤ Executive Partner for the Guidewire Implementation Project, leveraging new technology to modernize financial infrastructure to support long-term growth. ➤ Consulted with regulatory agencies (NC Dept. of Insurance, NC Dept. of Revenue, & NAIC) to ensure compliance and accurate filings; completed 4 IRS annual audits, resulting in 0 adjustments.➤ Researched and led implementation of FP&A software, and paperless document management system.➤ Invested in the hiring and training of key leaders, and mentored team for professional growth.➤ Established the Facilities and Maintenance Dept; developed system to manage the building & equipment repairs of 56 fee simple and leased commercial retail facilities. ➤ Prepared variance analysis reports / financial statements (monthly / quarterly); & annual budgets.

Charlotte, Nc, Us

Served as integral member of Executive Financial Leadership team, overseeing accounting and financial functions and processes; including forecasts, budgets, and risk management to drive financial clarity and business capabilities. Maintained internal control safeguards; established financial and operating benchmarks, and facilitated budgets, program monitoring / compliance, and reporting standards. Developed and implemented accounting policies, practices, and procedures across all programs, and in accordance with federal, state, and local legal compliance. ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ LEADERSHIP AND BUSINESS IMPACT ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─➤ Set the strategic vision and partnered with internal stakeholders to lead an ERP conversion from multiple ERP systems to a single ERP system, including designing a new chart of accounts, and Vendor/Customer setup. ➤ Collaborated in the development of compensation plans (Travel Agents, Auto Mechanics, and Insurance Agents).➤ Led complex conversion from fiscal year-end to calendar year-end; and reduced month-end close process from 15 days to 6 days, providing stronger financial clarity and more accurate financial reporting.➤ Executive member of integration team, formalizing accounting operations, financial controls, and synergy goals in the merger of AAA Carolinas and Universal.➤ Monitoring and reviewing all record of assets, liabilities, and other financial transitions.➤ Liaised with external agencies, banking relationships, and auditing authorities.➤ Held oversight in accounting procedures, financial statement preparation, month end closing, journal entries, general ledger maintenance, analytics, and other finance elements.➤ Fast-tracked into Controller position after 1 year as General Accounting Manager (2005-2006).

Key business partner to the Controller, leading large-scale initiatives and complex accounting functions for a market research firm, supervising 5 Managers and 20 employees. Held accountability for the consolidated financial reporting of 5 entities (3 domestic, 1 Philippine, 1 UK) to publicly held UK parent company (NOP World), utilizing IFRS. Led the financial reporting, tax compliance (30 state tax jurisdictions), semi-annual audit coordination, and financial policies / procedures development. Managed P&L revenue budget, general ledger, and accounts payable reporting, review of monthly balance sheet, and income statement analyses. Held ownership of talent resource management, recruitment, and training. ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ LEADERSHIP AND BUSINESS IMPACT ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─➤ Provided executive advisory support to business and financial leaders, with instrumental role in complex project initiatives, M&A due diligence requests and acquisition documentation, system conversion projects, and synergy goals.➤ Following acquisition, developed a system of procedures and controls to ensure accurate financial statement reporting with intracompany, intercompany, and intergroup activity, including accounting treatment and eliminations.➤ Led the migration and setup from a manual to Excel-based timekeeping system, improving productivity tracking and KPI benchmarks; and migrated all banking functions to an online platform to enhance cash management controls.➤ Consolidated Financial Reporting with thorough knowledge in GAAP, STAT, & International Federal Reporting Standards (IFRS).➤ Completed a 10-year Abandoned and Unclaimed Property audit encompassing multiple states. ➤ Conducted job costing for short- and long-term projects up to $100K each, providing real time analysis and data reporting for improved operational and business planning.➤ Collaborated in the creation of Travel and Expense policies and procedures, effectuating a 10% reduction in costs.

Served as Controller, with oversight of financial operations, internal controls, contract management, and fleet vehicle delivery logistics. Held ownership of the accounting function, including P&L management, monthly/quarterly/year-end close processes; quarterly financial statement preparation for loan covenant compliance; and work papers for year-end reviews. ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ LEADERSHIP AND BUSINESS IMPACT ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─➤ Maintained contract compliance and financial oversight for a fleet of 250 ambulances contracted to FDNY.➤ Prepared budgets, forecasts, and financial statements on a monthly, quarterly, and annual basis.➤ Recruited, trained, and managed office and service staff, and provided human resources support. ➤ Drove operational improvement processes, including the conversion from manual to computerized accounting.

White Plains, New York, Us

Served as Senior Accountant, with full accounting function leadership. Performed accounting processes of general ledger, account reconciliations, month-end and year-end revenue close processes, financial statements, process improvements, analysis, and documentation, Maintained excellent communication and interpersonal skills to build and leverage effective relationships with internal and external partners.