Michael Richmond Email & Phone Number

San Diego, Ca, Us

Manage corporate accounting, purchasing, pricing and rebates plus one subsidiary accounting department for a medical equipment service company. Direct six reports and 18 indirect reports.• Performed due diligence on 20 companies in a 5-year timeframe. Led the integration of acquired companies into MXR’s ERP system.• Champion the monthly review of financial statements with CFO. Provide oversight to the financial accounting and reporting activities of the business segments.• Partner with the sales team by analyzing sales trends and reviewing with management. • Successfully lead accounting team in SAP implementation. Reduced the month-end close by two days.• Saved $1.2M annually by leading the consolidation of branch functions into the corporate office. Closed 20 locations and reduced headcount by 60.• Effectively streamlined the expense review process by designing, implementing, and training employees on a requisition data base. • Saved $180k annually by eliminating a lock box and implementing a check scanning process.• Spearheaded payroll system conversion, saving $55k annually through reduction in staff, while improving reporting.• Saved $140k annually by converting a dial-up credit card process to an internet-based payment process.• Negotiated Company’s lease agreement, securing tax abatements from the city; saved company $120k annually.• Increased scrap film revenue by $200k annually, developing a marketing plan and utilizing web / field incentives.

Reported directly to Chief Accounting Officer, managing month-end closings, inventory, accounts payable, cash applications, and year-end audits of a $1B in medical service and distribution company. Managed three departments, including Inventory Accounting, Accounts Payable, and Cash Applications. Supervised a team of 7 employees.• Saved $1M annually by leading a cross-functional team to improve inventory returns to suppliers. • Designed process improvements in the Cash Applications Department as transactions increased 20% without headcount increase.

Piracicaba, São Paulo, Br

Prepared budgets and forecasts for medical distribution and service company business on a monthly basis. Analyzed monthly results and made recommendations to management to enhance business processes and profitability. Performed Due Diligence on inventory and accounts payable accounts of acquired companies. Prepared annual budget and monthly forecast for acquired companies.• Analyzed monthly results and made recommendations to management to enhance business processes and profitability.• Performed due diligence on inventory and accounts payable accounts of acquired companies. Prepared annual budget and monthly forecast for acquired companies.• Reviewed with senior management monthly results of five different acquisitions and resolved current business issues. Integrated acquired companies' accounting systems into core business.

Piracicaba, São Paulo, Br

Managed the general ledger for all service related accounts for the Asia/Pacific region. Prepared Picker Japan, Inc.'s financial statements. Assisted in the implementation of an automated billing system for Picker Canada, Inc.• Resolved service billing issues with Asia / Pacific distributors. Prepared Picker Japan, Inc.'s financial statements.• Assisted in the implementation of an automated billing system for Picker Canada, Inc.

Piracicaba, São Paulo, Br

Performed operational, compliance, and acquisition audits including audits of sales and service offices, manufacturing plants, fleet operations, and computer systems. • Communicated recommendations for improvement of internal controls and operational processes.• Identified savings to the company of $93K annually in a fleet vehicle audit.

London, Gb

Planned and managed financial audits including preparation of financial statements. Supervised, trained, and evaluated staff members.

Randolph Afb, Tx, Us

• Air Force Honors: Air Force Achievement Medal, Good Conduct Medal, Honor Guard.• Served three overseas duties: Azores, England, and Spain.