Stacy Meffen Email and Phone Number

We provide accurate & timely financial reports and visibility into future cash flows & projected operations to allow you to focus on running your business. We are not outsource service providers, we become part of your team based on your unique needs.

Providing Controller consulting services for small businesses. Full charge accounting, payroll and human resource services.

● Improved methods to manage small team across all financial operations, including financial statement preparation, daily wholesale order entry, cash management, accounts receivable billing and collections, accounts payables, payroll processing, general ledger maintenance, journal entries, and account reconciliations. ● Developed clear, concise departmental financial statements and tracking against the budget for executive team members, facilitating a decrease in organizational spending.

● Successfully manage financial operations and reporting for six branches that generate $96+ million in sales● Prepare accurate and comprehensive financial statements and advise Directors of Operations regarding future business decisions ● Oversee all aspects of branch accounting including cash handling, banking, payroll, budgeting, and forecasting● Monitor and maintain inventory, including receiving and inventory control ● Manage staff of six, including training and development● Coordinated with corporate management in developing analytical reports and collecting data of prior years branch performance as part of acquisition by sister company retail division; and transition to an independent public company, including supervision of Treasury management and due diligence analysis.● Facilitated Joint Venture reporting and financial relationships

● Provided key leadership in corporate and operational financial functions to ensure ongoing profitability● Instituted financial controls that lowered expenses and cut costs by 4%● Coordinated business integration of a successful new venture, including planning and forecasting of financial results● Prepared and reconciled unearned revenue and accrued revenue schedules● Managed revenue recognition and ensured compliance with contractual terms and conditions ● Produced monthly financial package for equity owners and lenders and managed weekly cash flow and treasury relationships with our lender and equity holders● Oversaw information systems including network and website development

● Effectively managed financial operations for nine branches generating $60+ million in sales and executed inventory control and reconciliation processes across branches to reverse significant shrinkage problems● Improved inventory shrinkage $500,000 by implementing standardized inventory control processes and procedures● Coordinated inventory management system conversion through inventory processing and data transfer from an in house AS400 to SAP, resulting in significant increases in efficiency● Reduced costs 20% in most branches by teaching General Managers and Store Managers how to interpret financial statements and effectively manage expenses to increase their bottom-line● Oversaw renovation and daily operations for one of the largest branches in the system● Managed migration of finance and operations functions to corporate as well as policies, budgeting, revenue forecasting, loss prevention investigations, branch performance management, staff training, and presenting financial statements to corporate management● Member of the Stock Loss Committee● Directed a four-person accounting staff and 12 indirect reports; controlled a $60 million budget

● Promoted from Inventory Control Manager to Controller during a difficult period due to exemplary performance ● Assumed responsibility for accounting department, reorganizing it and its staff, including hiring four key staff members● Provided leadership and a solid framework to lead the company through bankruptcy process, meeting all financial, auditing, and court deadlines● Reconciled bank accounts that former parent company had not reconciled in four years and reconciled vendor payable accounts to statements● Saved $175,000 by consolidating the A/P Department and cross-training staff to reduce payroll expenses● Lowered expenses by centralizing purchasing functions and cutting inventory costs and shrinkage; new controls lowered shrinkage from 4.5% of sales to 2.3% of sales● Promoted from Inventory Control Manager to Controller during a difficult period due to exemplary performance ● Assumed responsibility for accounting department, reorganizing it and its staff, including hiring four key staff members● Provided leadership and a solid framework to lead the company through bankruptcy process, meeting all financial, auditing, and court deadlines● Reconciled bank accounts that former parent company had not reconciled in four years and reconciled vendor payable accounts to statements● Saved $175,000 by consolidating the A/P Department and cross-training staff to reduce payroll expenses● Lowered expenses by centralizing purchasing functions and cutting inventory costs and shrinkage; new controls lowered shrinkage from 4.5% of sales to 2.3% of sales