Michael Beedles, Cpa Email & Phone Number

Cleveland, Oh, Us

Consultant, Cleveland, OH January 2024 to PresentProvide financial and risk management advisory services to privately held companies.• Rebuilt a finance team through hiring, restructuring department, and changing responsibilities. • Revised operations for cash management and financial reporting. • Transformed the finance function improving operational partnership with stakeholders.

Cleveland, Oh, Us

Led areas of financial management, enterprise risk management, business continuity, and innovation. Responsibilities included budgeting, forecasting, and risk management compliance. Presented financial and risk management compliance information requirements to Board of Directors. Managed team of 52, 6 direct reports. Reported to First Vice President and Chief Operating Officer. Worked across FRS as member of Accounting Group and Financial Management, Chair of Internal Control Committee, and Senior Procurement Officer.• Directed the creation of the FRS business continuity centralized shared services offering through building a highly cross functional team. • Successfully led FRS ERP implementation controls workgroup by achieving consensus through collaboration with key stakeholders in development of Day 1 readiness controls documentation.• Co-led FRS vendor management workgroup that gained approval from Conference of First Vice Presidents on new vendor management framework implemented to create standardized vendor lifecycle risk management practices.• Transformed procurement department from transactional group to strategic sourcing team.• Championed Bank’s governance, risk, and compliance tool gaining majority of reserve banks utilizing the application and strengthening common taxonomy reporting of risk management information.• Advanced Bank’s racial, equity, and inclusion initiative by facilitating educational sessions to drive positive individual behavioral changes; this contributed to team’s recognition and inclusion in Bank’s 2020 Spirit of Innovation Award.

Cleveland, Oh, Us

Led accounting, financial, procurement, and payment services, along with travel functions. Managed team of 29, 3 direct reports. Reported to Executive Vice President and Chief Financial Officer.• Initiated utilization of change management curriculum for finance support service team to assist in successful preparation of FRS ERP implementation.• Advanced creation and utilization of bank financial reporting dashboards for executive leadership team and functional financial representatives, increasing visibility of bank financial activity and forecasting capabilities.• Improved spending with diverse suppliers by implementing procurement policy change for mandatory inclusion of diverse vendors in request for proposal process.• Empowered finance and risk management teams to create and embrace culture code of guiding principles; resulted in increased customer support scores.• Created, developed, and implemented strategic financial planning framework that streamlined Bank’s investment request process and generated more strategic decision-making..

Manchester, England, Gb

Manages all aspects of financial operations, including treasury, budgeting and accounting, financial analysis and risk management. Work directly with Board of Directors on various financial matters and projects. Manages a team of 7. • Reduced financial reporting period from 21 to 7 days. • Consolidated US financial operations within first six months including five foreign subsidiaries.• Enhanced US banking operations and streamlined cash management functions from 3 US banking arrangements to 1. • Generated financial reporting package for new Board of Directors after private equity ownership change from public company (formerly London Small Company stock exchange). • Reduced audit management comments from 22 to 7 during first audit cycle.• Streamlined sales commission calculation and reporting process.• Established review process and structure by sending out report for sales team to review reducing inaccurate files and information and increasing accuracy of commission pay outs.

Burr Ridge, Il, Us

Assumed all operations from corporate level when company went to Private Equity ownership. • Played key roles in multiple business acquisitions (buy and sell sides) ranging from $5M to $350M, including valuations and due diligence.• Led the purchase accounting responsibilities for two private equity ownership changes and an acquisition of 40 store Canadian based retail chain.• Worked with private equity sponsors and lending groups on refinancing of term debt and credit facilities. • Implemented tax initiatives generating $1M in annual savings.• Implemented competitive bid process generating $.5M in annual savings.• Implemented the Lawson Financial System conversion (General Ledger, Accounts Payable, Fixed Asset, and Payroll) from former parent company on Hyperion to stand-alone environment. • Created treasury and tax department functions for a stand-alone environment.• Represented Finance on IT Steering Committee that led strategic direction of yearly IT implementation projects.

Burr Ridge, Il, Us

Managed the accounting, treasury, risk management and tax functions. Accounting functions includes store accounting, payroll, accounts payable, merchandise and general accounting departments. Responsibilities also included financial reporting requirements and budgeting. Presented financial materials to the Board of Directors. Managed a team of 28 (4 direct reports). • Reorganized the Accounting Department including reduction of staff of 20%. • Directed the implementation of the electronic check conversion process to reduce bad debt charges by $.5M. by validating the check at the POS. • Implemented Sarbanes Oxley documentation requirements and maintained compliance.• Coordinated SEC financial reporting requirements as a division of former parent.

Cleveland, Ohio, Us

Managed all aspects of financial operations, including financial analysis, financial systems, treasury and risk management, budgeting and accounting. Managed a team of 25. • Installed a financial system (Elite) in less than the typical timeframe. • Implemented electronic storage and distribution of financial reports. • Reorganized the Accounting Department’s talent with broad skill sets and streamlined areas of inefficiencies. • Redesigned the budgeting process to provide accountability by the respective management groups and increase focus on cost containment.

Audit & Business Advisory Practice Concentrated on public and privately held companies ($50M to $1B in revenues) in the manufacturing, wholesale and retail distribution, as well as, professional service sectors. Managed numerous merger and acquisition transactions. Supervised engagement teams consisting of five to ten staff members.