Treasurer | Controller
Led Accounting and Treasury functions. Re-organized Accounting Department to increase productively; streamlined procedures, automated and integrated systems for more timely, accurate, actionable information. Established Accounting Policy & Procedures to ensure integrity of accounting information and reporting.Improving Processes►Developed, managed, and reviewed automated financial reporting system (daily, monthly, and annual reports), reducing time for management and operations to receive actionable, accurate, and timely information. ►Implemented checkbook accounting contributing to savings in excess of $60K.►Designed and maintained Business Intelligence (BI) reports, enabling management to analyze and respond quickly to changing Marketing trends and giving operations accurate sales information leading to increased revenue ($1.20 / check) while reducing COGS ($200K).Systems►Orchestrated installation of new POS (Micros) PCI-compliant system on time and under budget, reducing PCI exposure and insurance costs.►Executed installation of GP accounting system and Microsoft Management Report Writer, automating financial reporting, improving accuracy, and minimizing costs. Banking and Insurance ►Negotiated bank agreements that led to fewer covenants and below-market interest rates.►Managed insurance renewals, leading to 10% reduction in costs and better coverage.Negotiating and Reviewing Contracts►Reviewed all major contracts, ensuring terms were favorable to Lawry’s and decreasing outside legal costs. ►Negotiated contracts for Lawry’s, saving in excess of $100K annually. Cash Flow►Utilized forecast tools to time purchases of major capital purchases, minimizing interest expenses and placing less strain on normal cash flow requirements.►Convinced majority number of major vendors (over 50%) to accept P-cards, improving cash flow management, and generating bank incentives of over $50K / year and better credit terms.
