Barry T. Leonard, CPA, MBA

**** ********* **** **********, ** 27410 336-***-**** acu07s@r.postjobfree.com CAREER SUMMARY

Motivated, versatile and well-respected financial and operations executive with more than 18 years of experience leading cross-functional teams in various industries. Adept at leveraging results from financial analysis to drive strategic direction. Skilled at utilizing technology to develop integrated systems for financial reporting, forecasting and planning to optimize cash management and cost reduction. Effective communicator within the various levels of an organization. Consistently exceeds expectation by building high performing teams which embraces horizontal and vertical communication, cross-functional collaboration and continuous process improvement. PROFESSIONAL EXPERIENCE

Prism Medical Products, LLC – Elkin, NC January 2015 – Present Director of Finance

Sets the financial direction for the company to include organizational growth and profit maximization. Leads the company’s strategic planning process. Develops comprehensive operating and capital budgets. Provides timely and accurate financial reporting and analysis. Develops sound internal controls throughout the accounting environment. Leads cross-functional continuous improvement efforts throughout the organization. Directs the accurate and timely filing of patient claims to 3rd party payers (Medicare, Medicaid, Private Insurance, etc.). Heads all financial relationships such as banking, insurance and external accountant.

Identified and mitigated major weaknesses in company’s internal controls over cash resulting in a 70% improvement in company’s cash flows

Led conversion of company’s books from cash to accrual basis of accounting

Directed migration from QuickBooks to new, robust ERP system (Microsoft Dynamics – Great Plains) materially improving financial reporting Leonard Business Consulting, LLC - Greensboro, NC March 2014 - Present Principal

Serves as a trusted financial and operations advisor to small and medium sized businesses. Provides professional business services such as financial accounting and reporting, strategic planning and budgeting, cash management, business plans, business valuation and tax preparation.

Provided business valuation services in the acquisition of a competitor’s business resulting in a net savings $250,000

Developed business plan which secured financing and office facilities at no cost (Valued at

$125,000) from a local entrepreneur incubator

Implemented divestiture strategy for client business segment nearing end of life reinvesting in a growth segment resulting in increased profits of 10% Personal Communication Systems, Inc. – Winston-Salem, NC April 2007 – March 2014 Chief Financial & Operating Officer November 2011-March 2014 Led strategic planning, budgeting and forecasting for the corporation. Responsible for corporate cash management. Directed cross-functional management team (IT, HR, finance, customer support, sales and marketing) in the execution of corporate objectives. Leveraged key economic indicators mitigating negative effects on corporate profitability. Partnered with engineering group in design, development and release of SaaS technology.

Analyzed SG&A expenses identifying key cost drivers. Developed strategies which reduced said cost by 15%

Created sales strategy for slow moving inventory increasing sales by 27%

Restructured sales organization resulting in growth of 15%

Developed flexible pricing strategy increasing average revenue per unit by 29% Chief Financial Officer July 2009 to November 2011 Provided leadership regarding the mitigation of corporate risk. Responsible for financial budgeting and forecasting. Led all vendor relationships and contract negotiations. Insured the accuracy of financial reporting and adherence to GAAP standards. Utilized key economic indicators to mitigate negative effects on corporate profitability.

Re-negotiated favorable rate on line of credit resulting in a savings of $20,000 annually

Leveraged continuous improvement strategies improving approval rating by 12%

Mitigated risk of reduction-in-force by decreasing employee cost by 15% Controller April 2007 to July 2009

Managed the day-to-day financial activities such as month-end close, budget preparation, cash management, and financial reporting. Prepared federal and multi-state corporate tax returns. Managed off-site manufacturing operations including costing, production scheduling and raw material sourcing.

Decreased company’s tax liability by 40%

Retired common stock resulting in a savings of $300,000

Reduced inventory shrinkage by 20%

Established recurring revenue of $2MM annually

The Children’s Home, Inc. – Winston-Salem, NC December 2003 to April 2007 Chief Financial Officer

Managed the day-to-day financial activities such as month-end close, budget preparation, cash and investment management, and financial reporting. Led cross-functional management team (IT, HR, finance, custodial engineering, food service and marketing) in execution of corporate objectives. Established strong internal controls.

Implemented MAS 90 ERP system increasing efficiency by 40%

Established investment strategy resulting in increased ROI of 35%

Obtained agency’s first unqualified audit opinion

Created internal controls which resulted in national accreditations Leonard Business Consulting, LLC - Greensboro, NC May 2002 – December 2003 Principal

Serves as a trusted financial and operations advisor to small and medium sized businesses. Provides professional business services such as financial accounting and reporting, cash management and tax preparation.

Represented client with IRS and NCDOR resulting in $25,000 reduction in penalties and preparer errors

Created and implemented internal controls and related fiscal policies and procedures for the successful completion of a national accreditation process RSM US LLP (McGladrey LLP) – Greensboro, NC August 1998 to February 2002 Senior In-charge Accountant

Planned engagements, prepared budgets and delegated tasks

Supervised, evaluated, and trained staff

EDUCATION/CERTIFICATION/AFFILIATION

Wake Forest University – Babcock Graduate School of Management Master of Business Administration, Finance

Boston University – School of Management

Bachelor of Science in Business Administration, Accounting Certified Public Accountant – North Carolina

Veteran – Served from 1988 to 1991 in the United States Marine Corps

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