Karl Taylor Email & Phone Number

Greater Salt Lake City Area

Handi Quilter, (HQ), is the worldwide leader in longarm quilting machines and accessories. Part of the Premier Needle Arts family, Handi Quilter is an innovative company that provides quilters with the highest quality products and service.

North Salt Lake, Utah, United States

The Premier Needle Arts family of companies offer six leading, top-of-mind consumer brands (Handi Quilter, Pro-Stitcher, Connecting Threads, Knit Picks, We Crochet, Superior Threads) with more than 18,000 products, which are either self-manufactured, or are sourced from the highest quality manufacturers around the globe. These brands are sold directly through PNA consumer sites, Amazon, and through OEM partners. The PNA machines brands are also found in more than 50 different countries and are located at more than 1,000 independent retail locations.

Greater Salt Lake City Area

Handi Quilter, (HQ), is the worldwide leader in longarm quilting machines and accessories. Part of the Premier Needle Arts family, Handi Quilter is an innovative company that provides quilters with the highest quality products and service.

Greater Salt Lake City Area

Global leader in family history and consumer genomics, which harnesses the information found in family trees, historical records, and DNA to help people gain a new level of understanding about their lives. • As part of a potential IPO, over a three-month period assisted with the early adoption of the new revenue recognition standard (ASC 606) that is suggested to take two years to implement• Developed accounting processes and controls, including documentation, while experiencing 200% growth in the DNA segment• Frequently interacted with main DNA processing labs, which led to ~$360K cash float savings• Routinely exceeded close deadlines for posting of journal entries, variance commentary and reconciliations• Formally recognized by 11 different team members related to performance and collaboration• Managed inventory in Oracle accounting system including coordination of inventory count and observation

Greater Salt Lake City Area

An integrated online distribution solution for vacation rental and resort property managers with over $130M in gross revenue for 2016.• Managed accounting team made up of 14 local and 6 international members (four direct reports)• Prepared cash forecasts/projections and filed weekly report with bank pertaining to line of credit for financing• Coordinated audit with external auditors (Tanner) and bank auditors (SVB) • Oversaw and performed day-to-day accounting of all processes in Microsoft Dynamics GP• Migrated accounting system from QuickBooks to Microsoft Dynamics GP• Assisted with Assignment for the Benefit of Creditors

Greater Salt Lake City Area

Company that was formed to, among other things, engage in the business of (i) developing, constructing, and operating processing facilities for the upgrading/refining of heavy hydrocarbons, including "wax" crude oil and shale oil in Uintah County, Utah, (ii) acquiring natural resources, and (iii) developing and licensing retorting technologies for unconventional fuels.• Prepared financial models for a billion-dollar project to share with investors and key partners. • Provided detail review of engineering and construction (E&C) bids and communicated identified discrepancies to multinational E&C company• Prepared accounting policies and procedures for significant processes, among which included accounting oil and gas resources and derivative warrants• Coordinated audit with external auditors (PwC) • Oversaw and performed day-to-day accounting of all processes in QuickBooks and prepared reporting (investor, debt, tax, GAAP, internal)

Greater Denver Area

Key team member of residential real estate company with over 250 properties valued at $2B. Promoted within company based on excellent performance. • Reports prepared included monthly reporting package for investors, quarterly debt compliance reporting, GAAP financials and internal reporting for operational/executive review• Redesigned monthly reporting package for investors to improve efficiency and quality of reporting• Reviewed monthly material with senior management and investors and recognized in performance reviews/bonus and by ownership group for quality and timeliness of reports• Developed working knowledge of enterprise level reporting and planning applications (Oracle, Yardi Voyager, IBM Cognos TM1)• Assisted senior accounting team with S-11 documentation for potential IPO• Performed Internal Audit investigations and reported results to HR and executive management team• Led quarterly GAAP flux review meetings with senior management and accounting team• Prepared monthly executive-level reviews of financial forecasts and reviewed this material with senior management

Greater Denver Area

• Partnered with regional operating leadership to improve visibility, understanding and predictability of financial results and identified profit enhancement opportunities• Partnered with SVP National Operations and operational team to identify and implement best practices for operational accounting functions including tenant software upgrades, improvement of purchase card accountability and other significant processes• Ensured compliance with GAAP, internal controls and community-level accounting policies and procedures including revision to capitalization procedures• Timely completion of accurate financials and assigned accounting close processes for more complex areas• Worked with regional and corporate staff to prepare monthly executive-level reviews of financial results/forecasts and partnered with Regional VP to review this material with senior management.

Greater Denver Area

Client serving role: • Led engagement teams (varying from 1-5 direct reports) in providing audit (financial and 401k)/attestation reports for multiple public/private companies in real estate, healthcare and sports and entertainment industries with revenues ranging from $42M to $2B• Public client service included Sarbanes Oxley compliance, assistance with multiple types of SEC filings, assistance with responding to SEC comment letters and coordinating examination by the PCAOB• Received multiple recognition awards/spot bonuses for performance• Exposed to various client systems including Essbase, Hyperion Financial Reporting, PeopleSoft and ADPRecruiting role: • Co-coordinated recruiting efforts at Brigham Young University with recruiting team, which included identifying candidates, performing both on-campus and in-house interviews and maintaining relationships with candidatesLearning role: • Participated on Denver Education Committee, which included developing curriculum and teaching staff and seniors at a local level (classes of 10-15)• Taught training at Pacific Southwest area level for staff based on firm curriculum (class of 30)Mentoring role: • Mentored interns and staff as part of firm mentor/review process• Worked closely with counselees to ensure they are getting the right experiences, meeting the right people and obtaining the appropriate learningTechnology role: • Taught/trained peers about new global audit technology implemented by EY resulting in recognition awardCommunity role: • Participated in EY Entrepreneur of the Year event through interviewing nominated local business leaders and assisting with final awards ceremony• Taught designated curriculum for local schools as part of Junior Achievement program• Volunteered in local EY Cares events such as community service projects and food drives

Master Of Accountancy, Professional Accounting, 3.77 Gpa

Accounting Lab Teaching Assistant (September 2003 - April 2004) Marriott School of Management Dean’s List University Scholar

4.0 Gpa

High School Valedictorian