Hugh Quimby Email & Phone Number

Brooksville, Fl

Designed and presented formal and informal reports including (but not limited to) budgets (in excess of $9 million), financial statements (monthly, quarterly, and annual: consolidated and by department), and special reports (targeting specific information). Analyzed the reports and statements focusing on the exceptions, investigating, and recommending alternatives to meet the business goals.Managed a staff of four to accomplish data entry, control and management of accounts receivable ($500,000+- per month: Bad debt less than .5%), accounts payable (400+- checks per month: $400,000+- per month), payroll (bi-weekly to 90+- people, $100,000 per payroll: plus all taxes, benefits, and reports), and cash management (5 different banks, reconciliations, investments, and mortgages). Started, managed, and coordinated a payroll direct deposit system, saving the company and the employee’s time and money.

As a part of the executive management team, established policies and procedures for the companies. Set goals and established budgets (in excess of $15 million annually). Created internal controls for accounting, inventory, warehouse, and trucks to assure security of company assets (in excess of $20 million).Directed a staff of five, handling all aspects for billing (construction, service, and warranty work), accounts payable (500+-checks per month; $600,000+- per month), and payroll for all locations, departments, and divisions. Created a coding and tracking system to properly assign income and expense to the correct areas. Human resource functions included establishing procedures for hiring and documentation for terminations, fixed the record keeping system to comply with federal and state requirements. Negotiated benefit packages including (but not limited to) life, health, dental, retirement plans, and a cafeteria plan

Organized the accounting system from complete neglect and disarray by reconciling accounts, establishing controls and careful attention to detail. Converted from a manual accounting system to a computerized system, developed coding systems to properly allocate income and expense to the correct companies, projects, and time periods. Prepared the accounting records and financial statements for outside audit that for the first time received an unqualified opinion, resulting in the release of some banking restrictions.Hands on operation of all accounting functions including (but not limited to) general ledger, accounts receivable, accounts payable, and cash management. Established budgets and controls for each company and project.Preparation of all financial statements and analysis to assist the owners in recognition of areas of concern and to highlight the projects with outstanding results.

Retail Alarm sales and installation for residential and commercial properties.All aspects of business from start-up(Financing, Incorporation, Hiring, Training, Etc)

Successfully planned and managed investment portfolios for over 400 clients, using tax advantaged investments, stock, bonds, options, insurance government securities and commodities.

Implemented computer accounting systems including, developing controls, procedures and audit trails. Maintained and reconciled all books, journals, and financial statements to correct balances in all corporate entitiesSpecial Projects as assigned

Managed production department with 20+ employees, achieving a 99.6% labor attendance rate, reduced turnover from near 20% to less than 2% per year, established record production of over 1,000,000 yards of cloth in one week.

Diploma, College Prep

Mba, Management

Bsba, Business Administration/ Finance/Accounting

Activities and Societies: University of Florida Rugby Club