Accounting Human Resources

Ken Babbitt - MBA, CMA

Davis, CA *****

Phone: 719-***-****; Email: *****************@*******.***

OBJECTIVE

To secure a Managerial Accounting or similar position where I can use my

education, work experience, and professional skills to add value to the

organization.

AREAS OF EXPERTISE

. Month-end & year-end closing Coordinate annual audit &

tax returns

. Financial analysis including MD&A Cash flow management &

forecasting

. Forecasting and budgeting including flex Cost behavior analysis

. Cost accounting including ABC Performance measurement &

benchmarking

. Generating reports for Senior Executives Process control &

improvement

. Tax planning and compliance Financial statement

preparation & analysis

COMPUTER PROGRAMS

Accounting Programs: Microsoft Dynamics Great Plains 8.0, Expandable,

Peachtree, CMPRO, and MAS 90/200. Other Programs: Microsoft Office - Excel,

Word, Access, Outlook, Lotus 123, Lotus Notes, FRX, and Crystal Reports

PROFESSIONAL WORK EXPERIENCE

Early Learning Centers (contract) - Non Profit (June 2011)

> Temporary work as the Controller to close April and May, 2011 books.

Energy Accountant (April 2009 to Feb 2011) - Colorado Springs Utilities

(Contract Work) Colorado Springs, CO. (over $500 million in revenue)

> Worked in Energy Settlements with gas and electricity to calculate

settlements between power companies as well as project accounting as

needed.

Impact Confections, Inc. Colorado Springs, CO - (A candy manufacturer with

approximately $50 million in annual revenue)

KEY ACCOMPLISHMENTS

. Worked with the CFO and Board to create a new & improved monthly

financial packet and MD&A.

. Revised gross margin analysis for each product leading to improved

product line decisions.

. Conducted due diligence audit on taxes & licenses to ensure compliance

in all jurisdictions.

Controller (May 2008 to Nov 2008) Reported to the CFO

> Responsible for presenting and reporting accurate and timely

consolidated financial information

> Produced an MD&A and prepared a financial Power Point Presentation for

the Board

> Coordinated creation of an annual budget and monthly forecast

> Responsible for monitoring the debt schedule

> Supervised AP, Cost Accounting, and the GL

> Performed monthly variance analysis for the CFO

> Responsible for tax returns and the annual audit

> Responsible for process and internal controls

> Monitored tax compliance & corporate registration in over 30 states

TAEUS International, Inc. Colorado Springs, CO - (A consulting firm in the

IP industry with between $10 million and $20 million in annual revenue)

KEY ACCOMPLISHMENTS

. Caught up books from March, 2008 and registered first clean audit in

over three years.

. Improved AR collections from a DSO of > 90 days to < 45 days.

Controller (Nov 2007-May 2008) Reported to the COO

> Responsible for consolidated financial information for four U.S. and

one foreign entity

> Supervised AR, AP, and GL

> Tax and cash flow planning and forecasting

> Coordinated the annual audit and tax returns

Eagle Electronics/Photo Stencil, LLC Colorado Springs, CO - (A

manufacturing firm in the semiconductor industry with approximately $20

million in annual revenue)

KEY ACCOMPLISHMENTS

. Drove cost-savings programs resulting in an annual savings of 1.5 to

2% of revenue

. Designed and implemented a system to accurately estimate operations

profit/loss on a daily basis

. Reduced the unemployment rate paid by 42% through implementing HR

process changes

. Instituted a cost containment safety program that resulted in a 5%

savings on workers comp premiums and a potentially larger future

savings from reduced accidents

. Key participant in a successful LBO

. In charge of R&D tax credit initiative, which netted sizeable tax

credits to owners

Controller (May 2004-September 2007) Reported to the CEO

> Responsible for consolidated financial information for five U.S. and

four foreign subsidiaries

> Supervised AR, AP, GL, Payroll, and Human Resources

> Cost accounting including ABC Costing

> Prepared monthly reporting package for investors and bankers

> Responsible for annual budget and financial forecasting and modeling

including a flex budget

> Designed and maintained internal control systems and processes

> Coordinated completion of the external audit and annual tax returns

including foreign entities

Accounting Manager (September 2002 to April 2004)

> Prepared supporting documents and general entries for month end

process

> Participated in the completion of the external audit and annual tax

returns

> Responsible for preparing accurate and timely consolidated financial

statements

> Created an annual flex budget

> Maintained and reconciled intercompany accounts

Staff Accountant (February 2001 to August 2002)

> Prepared supporting documents and general entries for month end

process

> Reconciled over 20 different bank accounts

> Maintained fixed asset schedules

> Prepared city, county, and state use tax returns and annual property

tax schedules

EDUCATION & CERTIFICATIONS

Annual Continuing Professional Education to maintain CMA Certification and

keep current with updates.

CMA (Certified Management Accountant) Designation (2009)

MBA, Finance & Accounting (4.00 GPA), Regis University, Denver, CO (2007)

BS, Accounting (3.98 GPA), University of Phoenix, Phoenix, AZ (2004)

PROFESSIONAL MEMBERSHIPS

IMA (Institute of Management Accountants)

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