Rick Hyatt
Chandler, Texas ***58
Cell: 903-***-****
E-mail: abgfp1@r.postjobfree.com
Professional Summary
Experienced financial and operations executive with a successful record as
a leader and team developer.
Skills include:
. Strategic Thinking - Able to link current business functions to
organization purpose and mission, with an eye on future needs.
. Quality and Efficiency - Expertise in design, analysis, and
maintenance of systems and programs to ensure optimal use of
resources, return on investments, and asset protection.
. Learning and Development - Committed to all aspects of education and
training for the purposes of maintaining organizational and individual
agility, relevance and growth.
Professional Background
PATH, Tyler, TX
01/2010-
Present
Finance Director:
Responsibilities:
Finance and Accounting: Reports, cash management, receivables, payables,
tracking budget of $1.4 million, handle investments for organization,
external audit coordination, Board presentation of monthly results.
Admin and Facility: Human Resources, Facility management, Purchasing, IT
coordination
> Increased return on reserves through recommendations and changes to
investment policies.
> Improved leadership team understanding of financial reporting system
with improved formats and procedures.
> Increased overall agency efficiencies through jointly designed
improvements to internal policies and procedures.
Consulting: 2000-
Present
Cost accounting services for some small manufacturing companies. Rubber,
medical, and injection molding.
> Analyze standard cost variances and their root causes
> Report monthly on variances to production and management team
> Annual development of standard cost and variance plan, including labor
rates, overhead rates, material costs, routers and cost reduction
projects
> Tracked plant cost reduction activities that were generated from
analysis
> Help set up inventory valuation through cost analysis and tracking of
inventory through the different steps
> Corporate, partnership, and individual tax preparation
All Saints Episcopal School, Tyler, TX
11/2007-08/2009
Chief Financial Officer
Finance and Accounting: Reports, tracking a $7.1 million budget, cash
management, accounts receivable, investment tracking, prepare reports for
internal and tracked loan covenants for external groups
Admin: HR functions, health and general insurance negotiations, Test and
ensure entity procedures and policies are followed
> Reduced department head follow up questions about budget variances by
improving the flow and accuracy of information which allowed the heads
to have more time for managing their programs
> Mitigated risk of discrimination claims and lowered potential for
employee dissatisfaction though review and update of Human Resources
policy and procedure handbook
> Provided leadership, management, and oversight to $10 million in
capital projects over 24 months
Goodwill Industries of East Texas, Tyler, TX
1998 - 2007
Director of Finance, IT, and Contracts
Finance and Accounting: Led all Accounting and Finance functions, track and
report on a $5.8 million budget, cash management, asset analysis, prepare
and present reports for internal and external groups.
IT and Contracts: Provided leadership support for IT and Contract division
activity
> Planned, documented and tracked new store projects, both new
construction and building renovation, ensuring that projects were
performed timely and on budget, working with contractors and
performing liaison duties between staff and contractors, negotiating
opportunities for change
> On all projects, performed assessments on effectiveness of fund usage,
profitability potential based on historical and current economy
utilizing fund flow analysis, payback period, and breakeven analysis
> Led significant cost reduction efforts. Migrating web operations to
internal staff reduced costs 50%. Launching in house safety program
reduced workers comp cost by 200%
> Reduced debt payoff cycle from 10 to 7 years
> Led new audit program to ensure compliance with Sarbanes-Oxley.
Resulted in 3 consecutive clean audits
Rick Hyatt
Self Employed, Chandler, TX
1996 - 1998
Provided consulting expertise for businesses in the East Texas area.
> Designed and implement accounting systems, human resource procedures,
banking relations, cash flow management processes
> Supported customers with software conversion, inventory control
systems, enterprise resource planning systems.
American Modular Technologies, LLC, Greensboro, NC
1994 - 1996
Controller
Led all Accounting and Finance functions, tracked a $25 million budget,
cash management, analysis, and prepare and present reports for internal and
external groups. Track job costs, utilizing Bill of Material to control
costs.
> Analyze standard cost variances and their root causes on a daily basis
> Reporting daily and monthly on variances to production team.
> Annual development of standard cost and variance plan, including labor
rates, overhead rates, material costs, routers and cost reduction
projects.
> Maintain and track plant cost reduction activities.
> Participate in physical inventory and reporting activities for
auditors.
> Improved reporting to owners through leadership of conversion from
completed contract to percentage completion process of recording
revenues.
Cut Craft, Inc. Fort Worth, TX
1991 -
1994
Controller, Purchasing Manager, MIS Manager
Led all Accounting and Finance functions, tracked a $6 million budget,
analysis, prepare and present reports for internal and external groups.
Tracked costs related to production in support of the manufacturing
department, analyzing material and labor costs. Performed research to find
comparable materials to help reduce costs after initial production runs.
> Improved BOM accuracy through reviewing variances.
> Performed analysis to decide whether to purchase or produce materials
that are used in production
> Physical inventory reporting for internal and external usage. Utilize
perpetual inventory
TECNOL, Inc., Fort Worth, TX
1985 - 1991
Assistant Controller/Cost Accounting
Tracked and analyzed cost and production variances on 250 items, preparing
monthly presentation for company president and production management teams
on type of variances. Prepare monthly journal entries to record variances.
Tracked inventories of raw materials and finished goods.
> Improved accuracy of labor and material usage reporting where an
unidentifiable annual inventory variance of $650,000 was reduced to an
identifiable $50,000 per year
> Annual physical inventory management and reporting, utilizing
perpetual and periodic activities
> Developed, planned, and managed the implementation of a new cost
accounting system that included an automated costing and time and
attendance system for tracking 415 domestic employees
Education:
MBA, Business Administration, University of Dallas, Irving, Texas
BBA, Accounting, Texas Tech University
Graduate Executive Development Program, Goodwill Industries International,
Inc.
Graduate Leadership Tyler Program
Software:
MAPICS, Mas90, Crystal Reports, Timberline, MFG Pro, Black Baud, SAGE,
QuickBooks, MS Office (Excel, Word, Access, PowerPoint)