John Lipp Email & Phone Number

Lake Oswego, Or, Us

United States

Milwaukie, Oregon

Hired by WWG during a period of financial instability. Successfully transitioned WWG from special assets to a conventional bank loan. Instrumental in reducing overhead by over 20%, bringing fixed costs back in line with top line revenue.

Accountable for supervising all general accounting functions, including banking relationships, GL, A/R, A/P, HR, and Benefits while preparing monthly financial reports and overseeing internal/external audit procedures. Creates and maintains annual budgets, reports on actual vs. budget variances, and manages credit functions to mitigate the company's exposure to bad debt.Selected AchievementsPrepared monthly financial statements with comparison to budget along with explanations and analysis of variancesImproved month-end close process from 4 weeks down to 10 days to meet requirements as set by the Board of DirectorsDeveloped and maintained strategic relationships with financial institutionsLead all HR functions, including developing company's first Employee ManualManaged all AR and AP, including a reduction of overdue AR accounts by 15%Oversaw both internal and external audit policy and procedures to ensure that all company assets were protected and losses were mitigatedPerformed all monthly journal entries and general ledger reconciliationsPerformed all monthly bank reconciliationsDesigned monthly reports for the Board of DirectorsEstablished the first ever annual budget and met all reporting guidelines communicated by the Board.Organized a poorly functioning office and created a highly-functional Accounting department of 4 to liaise with 200+ members of the company.Developed and maintained the integrity of the underlying finances of the company, earning the trust and respect of the Board, and provided ad hoc reporting to the Board on an as needed basis.

Served as a key member of the management team, oversaw the A/P and A/R departments, and assisted in corporate strategic planning encompassing both report generation and review to measure performance against the three and five year goals. Supported the preparation of monthly and annual reports, managed staff of 3, and served as IS Manager and Network Administrator.Selected AchievementsAssisted in taking a $16M gross sales company beyond $100M during tenure.Performed all bank reconciliationsReconciled general ledger accounts on a monthly basisEstablished daily processes which increased the number of daily transactions over sevenfold. Developed the company's credit collection policy.Successfully completed 2 WAN-based software implementationsPlayed an instrumental role in the sale of a subsidiary business to a large, publically traded company

Bachelor Of Commerce; Post, Accounting; Accounting Studies

Activities and Societies: Represented university at rugby, tennis, squash, and cricket.Won the Barlow Rand Scholarship after freshman year.

Bachelor Of Commerce (B.Com.), Accounting And Business/Management