Scott Huffman Email & Phone Number

Waxachie, Texas, US

Bedford, Texas, US

• Oversee all financial accounting cycle reporting functions including AR, AP, inventory, and fixed assets administration with a strong focus on process improvement.
• Manage corporate treasury including U.S. and Canadian accounts and foreign currency exchange transactions.
• Interact with lenders on a daily basis. Responsible for calculating borrowing base certificates, managing recurring collateral examinations and inventory appraisals, and monitoring loan compliance.
• Oversee sales tax reporting (both state sales taxes and Canadian goods and services taxes).
• Coordinate annual financial statement audits (including revenue recognition reviews) and state and federal income tax filings with CPA firm.
• Notable achievements include:- Implementing 2013 accounting system conversion from QuickBooks Enterprise to Sage Intacct (SaaS).- Creating and managing, with CPA firm, an IC-DISC entity as a tax benefit for qualified.

• Field Examiner
• Visited borrowers and prospective borrowers throughout the U.S. on behalf of banks and other commercial lenders to confirm and analyze collateral including accounts receivable, inventory, and machinery and equipment.
• Responsible for reviewing financial statements, bank statements, and books and records to determine borrowing eligibility, confirming loan covenant compliance, charting financial performance trends, assessing internal.

• Entered and reconciled day-to-day general ledger transactions, prepared monthly and annual financial statements, administered payroll, interacted with CPA firm for annual audits, and interacted daily with lender.
• Analyzed client financial statements to evaluate material changes in operating performance and/or balance sheet status.
• Monitored borrowing base certificates, trend cards, and financial ratios to ensure compliance with eligibility requirements and loan covenants.
• Maintained loan files and monitored UCC Financing Statements.
• Assessed the creditworthiness of prospective clients by analyzing financial statements, coordinating and reviewing appraisals, valuations, and field examinations, developing exit strategies, conducting due diligence.

• Responsible for day-to-day management of a number of commercial loan accounts.
• Administered and serviced loans.
• Analyzed borrowing base certificates, trend cards, and financial ratios.
• Obtained and reviewed financial statements.
• Supervised one assistant.
• Oversaw problem loan workout, preventing $100,000+ loss.

J.D.

Bachelor Of Arts (B.A.), Accounting And Business Administration