Timothy Beard

Timothy Beard Email and Phone Number

CONTROLLER and ASSISTANT CONTROLLER @ Chattanooga, TN, US
Chattanooga, TN, US
Timothy Beard's Location
Greater Chattanooga, United States, United States
Timothy Beard's Contact Details

Timothy Beard personal email

n/a
About Timothy Beard

► Accomplished Financial Leader with expertise in managing product line financials and matrix-based organizations. Driver of pivotal results to boost shareholder and customer value. Strong business acumen, technical aptitude, and analytical skills. Keen ability to conceptualize thoughts and ideas that bring forth transformative change. ◄My qualifications include expertise within strategic finance and business operations where I gained deep experience in an array of areas including: Financial Modeling ▪ Business Process Engineering ▪ Project Management ▪ Competitive Analysis ▪ Strategic Planning ▪ Organizational Design & Development ▪ Forecasting ▪ Financial Reporting ▪ Risk Management.In managing end-to-end financial / accounting functions across diverse product lines within the insurance space my career expanded to senior-level CFO roles executing oversight responsibility and planning of financial management, including reporting & operations, business solutions, investment strategy, and more.Via innovative vision and thought leadership to expand process efficiencies, I developed as an engaging, and results-driven leader with strong business aptitude to balance objectives against operational needs while worked collaboratively and cross-functionally across large-scale business units and teams. Additional strengths and areas of impact include:➤ Drove operational results in alignment with strategic vision that strengthen financial stability, leveraging technology to propel continuous process & infrastructure improvements.➤ Achieved ‘Superior-rated’ performance record for workflow process improvement project across claims, underwriting, and service departments.➤ Ensured financial integrity throughout organizations by strengthening process controls & analysis capabilities that achieve enterprising bottom-line results.➤ Championed improved financial framework used to recommend and influence informed decision-making leading to organizational transformation & process optimization.➤ Built productive partnerships across lines of business. Leveraged technology and solutions-focused approach for strategic planning and financial process management.

Timothy Beard's Current Company Details
Thunder Air, Inc. / Allied Insurance Co. (AXA-XL)

Thunder Air, Inc. / Allied Insurance Co. (Axa-Xl)

CONTROLLER and ASSISTANT CONTROLLER
Chattanooga, TN, US
Timothy Beard Work Experience Details
  • Thunder Air, Inc. / Allied Insurance Co. (Axa-Xl)
    Controller And Assistant Controller
    Thunder Air, Inc. / Allied Insurance Co. (Axa-Xl)
    Chattanooga, Tn, Us
  • Thunder Air, Inc. / Allied Insurance Co. (Axa-Xl)
    Controller / Assistant Controller
    Thunder Air, Inc. / Allied Insurance Co. (Axa-Xl) 2013 - Present
    Thunder Air, Inc. (2019 – Present) / Allied Insurance Co. (2013 – 2019)Drive development and implementation strategies for cross-functional teams. Determine and recommend capital and reserving strategies, accounting / regulatory rules, and asset considerations. Direct financial analyses, organize findings, and offer insights to management. Foster trust to cultivate cooperative, productive partnerships across global enterprise. KEY HIGHLIGHTS✓ Steered seamless integration and implementation of GL and financial reporting system to new systems.✓ Reduced claim reserves by $7.9M with innovative development of new reserving methodology.✓ Optimized operational efficiency over 50%, slashing monthly closing process from 10+ to 4-days with target of 3-days.ROLES:◈ Deliver improved financial framework to recommend and influence informed decision-making. ◈ Strengthen process controls and ensure robust analysis capabilities by overseeing monthly closing processes and integrity of tracking systems.◈ Lead balance sheet / income statement variance analyses and report findings and recommendations to executive leaders. ◈ Manage payroll processing, accounts payable, accounts receivable, inventory, fixed assets, and debt.◈ Control cash flow testing and financial activities for various lines of business (LOB). Direct consolidation of GAAP financial statements for group of international companies.◈ Create culture of open dialogue and transparency while cross-functionally collaborate with operation units and liaise with banking, insurance, accounting, regulatory entities, etc. to drive insights on allocation of financial resources.
  • Robert Half/Contract To Hire (Propex Operating Company, Llc) / Sentinel Insurance Holdings, Inc.
    Financial Analyst / Consultant
    Robert Half/Contract To Hire (Propex Operating Company, Llc) / Sentinel Insurance Holdings, Inc. 2011 - 2013
    ◈ Developed automated review procedures utilizing Excel to validate amounts in management financial reporting package.◈ Displayed strong attention to detail to research GAAP reporting guidance for practical application of correct GAAP procedures in financial reporting.◈ Demonstrated ability to learn new programs and skills by rapidly gaining working knowledge of SAP.◈ Modeled proforma financial statements using numerous scenarios for start-up VC company both on a GAAP and statutory basis.
  • New Holdings, Inc.
    Vice-President / Cfo / Treasurer
    New Holdings, Inc. 2005 - 2011
    Steered accountability for financial projections including loss recognition, cash flow testing, embedded value, and business planning. Leveraged resources to develop detailed financial reporting displaying key financial metrics and indicators and providing timely results analysis to management. Directed all GAAP, statutory, tax, and management financial reporting for consolidated group of companies.KEY HIGHLIGHTS✓ Developed and implemented new accounting procedures during year one of company operations, including robust internal control procedures to ensure accurate and timely completion of financial output.✓ Drove improvement in recouping losses via strong reinsurance management in relation to all financial matters. ✓ Secured over $200M of reinsured losses from private reinsurers and the Florida Hurricane Catastrophe Fund.ROLE:◈ Built agility and resilience within teams and broader finance units to drive actions. ◈ Fostered trust to build and manage productive relationships with financial institutions. and monitored and projected cash flows.◈ Minimized financial and investment risk by maintaining open communications with regulatory and rating agencies on financial and compliance matters.
  • Merastar Insurance Company
    Senior Accounting Manager / Associate Manager
    Merastar Insurance Company 2004 - 2005
    ◈ Contributed to company expansion from 30 to 45+ states requiring extensive regulatory research. ◈ Led six CPAs and accountants in successful operation of financial / accounting department. ◈ Coordinated audit process by proactively engaging and working with CPA firm.
  • Qualsure Insurance Corporation / Petty & Landis, P.C.
    Early Career Roles:
    Qualsure Insurance Corporation / Petty & Landis, P.C. 2000 - 2004
    SENIOR ACCOUNTANT: QualSure Insurance Corporation (2002-2004)Coordinated successful month-end closings with accurate and timely reviews / postings of journal entries and reconciliations. Supported audits for accounts and control systems. Protected company financial data with strict use of regulatory data protection protocols. Meticulously monitored business expenses to track on-point with financial targets.AUDITOR: Petty & Landis, P.C. (2000-2002)Performed comprehensive audits, reviews, and compilations for clients in manufacturing, retail, and service industries. Prepared corporate, trust, and personal tax returns.

Timothy Beard Skills

Auditing Financial Reporting Accounting Internal Controls Sarbanes Oxley Act Financial Accounting Financial Analysis General Ledger Financial Statements Tax Cpa Insurance Cash Management Risk Management Gaap Business Microsoft Excel Financial Risk Key Performance Indicators Leadership Microsoft Office Microsoft Word Microsoft Access Outsourcing Problem Solving Strategic Planning Budget Process Operating Budgets Budget Reconciliation Budget Property And Casualty Insurance Public Accounting Budgets Due Diligence Financial Modeling Budgeting Cash Flow Forecasting Revenue Analysis Business Process Improvement Staff Training Reinsurance Mentoring Planning Budgeting And Forecasting Accounting Management Statutory Accounting Consolidated Financial Statements Financial Statement Analysis International Accounting Cash Flow Management Expense Analysis Expense Management Expense Budget Management Revenue Forecasting Monthly Close Process Financial Regulation Commercial Insurance

Timothy Beard Education Details

  • The University Of Tennessee At Chattanooga
    The University Of Tennessee At Chattanooga
    Business Accounting

Frequently Asked Questions about Timothy Beard

What company does Timothy Beard work for?

Timothy Beard works for Thunder Air, Inc. / Allied Insurance Co. (Axa-Xl)

What is Timothy Beard's role at the current company?

Timothy Beard's current role is CONTROLLER and ASSISTANT CONTROLLER.

What is Timothy Beard's email address?

Timothy Beard's email address is ti****@****ses.com

What schools did Timothy Beard attend?

Timothy Beard attended The University Of Tennessee At Chattanooga.

What skills is Timothy Beard known for?

Timothy Beard has skills like Auditing, Financial Reporting, Accounting, Internal Controls, Sarbanes Oxley Act, Financial Accounting, Financial Analysis, General Ledger, Financial Statements, Tax, Cpa, Insurance.

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