Rick Tomsett, Ba Email & Phone Number

Guelph, Canada Area

Recognized for my ability to reorganize and regenerate financial systems and accounting departments, I was hired on a contractual basis by the above companies to execute all aspects of the daily, monthly and yearly accounting functions. My major achievements with each involved real outcomes such as the following:Conversion of the accounting program to an innovative client server application; Recreating custom reports from an old system to a new client server-based application;Verifying the accuracy of exported data based on invoicing and the interface application;Reducing credit card processing fees by $8000 per annum by converting to an industry alternative;Implementing a commission recovery procedure with the top 20 hotel and car vendors;Reducing receivables to 15 days which increased cash flow by 12 per cent;Building stronger financial relationships with the top 25 preferred suppliers

Recognized for my ability to reorganize and regenerate financial systems and accounting departments, I was hired on a contractual basis by the above companies to execute all aspects of the daily, monthly and yearly accounting functions. My major achievements with each involved real outcomes such as the following:Conversion of the accounting program to an innovative client server application; Recreating custom reports from an old system to a new client server-based application;Verifying the accuracy of exported data based on invoicing and the interface application;Reducing credit card processing fees by $8000 per annum by converting to an industry alternative;Implementing a commission recovery procedure with the top 20 hotel and car vendors;Reducing receivables to 15 days which increased cash flow by 12 per cent;Building stronger financial relationships with the top 25 preferred suppliers.

Major achievementsRecruited for the position of Loyalty Administrator, I was promoted to Manager of Corporate Accounting in three months to supervise a team of six people. I was also accountable for the day-to-day transactional accounting for $200 million in sales.Supported all accounting functions - A/R and A/P reconciling, journal entries, month and year-end processesAutomated $95 million in cash receipts for the Loyalty divisionReduced annual salary base by $150 thousand with automation of manual processesCreated 6 interface applications from other accounting software to the main accounting system utilizing advance software functionsConducted new hire interviews, manage annual performance reviews, including goal setting and individual developmentAutomated error reports to highlight A/R > 2 daysInitiated Report generating system for automatic distribution of report-company wideReduced A/R to < 30days based on contract agreements with customersCross trained all employees with two other positions within the departmentBuilt positive relationship with top 100 VendorsOverall principal financial result of my work:As the key advisor to the Director of Accounting and Finance and Operations Manager Specialty Division,I reduced the number of management staff of the Accounting department, which in turn resulted in a $150,000 savings in the salary budget.I also increased the department's cash flow, enhanced significantly its credit rating with prominent and critical vendors, and by reorganizing the structure of the team, I reduced turnover which also led to significant cost savings. In short, I created the most efficient, cost-effective, and accurate accounting team in the history of the company

Responsible for the creation and testing of analytical reports for the organizations top corporate account Created over 30 reports which identified trends for top international clientsSecured top financial corporate client (generating gross income of $2M a year)

Leader for team of four supplying program and hardware support to over 500 accounting agents across Canada Contacted customers personally following problem resolution and verify customer satisfactionCreated detailed custom reports analyzing trends, revenues, expenses and budgets Re-wrote 50 Custom reports in Seagate's Crystal Report Writer 9.0 for the new 32 bit version of Travcom CS. Tested new software for accuracy, ease of use and meet customer requirements Created 400+ custom reports that were used as problem solving tools for the agencies which increased commission override revenues by 45%.Conducted team meetings as well as performance appraisals

Ba, Accounting And Information Systems

Ba, Accounting And Informations Systems

ACB, ACL Toastmasters International

Education record