Paul D. Venamon, CPA
Bartlesville, OK 74006
EDUCATION
Oklahoma State University
Bachelor of Science
Stillwater, OK
Accounting, 1979
Certified Public Accountant
EMPLOYMENT SUMMARY
TSHS, LLC Controller
Tulsa, Oklahoma September
2003-Present
TSHS, LLC is a manufacturer of solid surface products, distributor of
kitchen and bath products, and contractor with divisions in Oklahoma and
North Carolina. Consolidated revenues of 12 million dollars and 60
employees.
Responsible for all general accounting areas, reporting functions, cash
flow management, banking relations, budgeting, forecasting, and year-end
audit. Led department heads in the annual budgeting process. Report
actual results against budgets and forecasts monthly. Create plans to
improve performance against plan. Responsible for internal audit function
to insure proper safeguarding of assets and identify operational
opportunities for improvement.
Selected Accomplishments:
. Led recent merger with North Carolina distributor.
. Successfully managed the sale of low margin North Carolina business
segment.
. Navigated cash flow difficulties while maintaining relationships with
vendors and lenders.
. Met or exceeded financial reporting needs in both timeliness and
content.
. Implemented employee manual, retirement plan, and general administrative
policies.
. Researched and implemented enterprise computer system significantly
improving processing times and user efficiency.
. Revised process costing system providing better reporting and product
cost accumulation.
Oklahoma Installation Company
Controller
Tulsa, Oklahoma March 2002-
September 2003
Oklahoma Installation Company is a construction company with 15 million
dollars in revenues and a 100,000 square foot solid surface manufacturing
division with two million dollars in revenues.
Responsible for all general accounting areas, reporting functions, cash
flow management, banking relations, budgeting, forecasting, and year-end
audit. Led department heads in the annual budgeting process. Report
actual results against budgets and forecasts monthly. Create plans to
improve performance against plan. Responsible for internal audit function
to insure proper safeguarding of assets and identify operational
opportunities for improvement.
Selected Accomplishments:
. Created and implemented process costing system for solid surface
manufacturing division.
. Secured additional working lines of credit to support expanding
operations.
. Revised closing process in order to close and issue financial statements
in six business days.
. Led the effort to adjust product pricing to be in line with costs and
profitability goals.
. Improved value of financial information tools provided to President.
. Developed sales agreement for distributor and sales representatives.
Central States Business Forms Chief
Financial Officer
Dewey, Oklahoma September 1988-
March 2002
Central States Business Forms is a manufacturer of business forms with
divisions in Oklahoma and Georgia with revenues of 28 million and 220
employees.
Responsible for all general accounting areas, reporting functions, cash
flow management, banking relations, budgeting, forecasting, and computer
systems. Led department heads in the annual budgeting process. Report
actual results against budgets and forecasts monthly. Create plans to
improve performance against plan. Responsible for internal audit function
to insure proper safeguarding of assets and identify operational
opportunities for improvement.
Selected Accomplishments:
. Researched and implemented enterprise computer system significantly
improving processing times with four year payback from cost savings.
. Implemented formal budgeting process and compared monthly actual to
budget and forecast.
. Revised closing process in order to close and issue financial statements
in six business days.
. Created forecasting model to accurately predict results of operations
one day after close.
. Designed bonus system for sales, manufacturing, and office personnel
designed to reward employees for areas in their control and lowered
production error occurrences.
. Researched, negotiated, and implemented acquisition of Georgia
manufacturing division.
. Annually led negotiations with major suppliers consistently gaining
pricing concessions and improved service.
. Led just in time purchasing system significantly increasing inventory
turns.
. Negotiated resolution of patent infringement lawsuit resulting in
significant litigation cost savings.
. Led the company retirement committee in the implementation of the
employee 401(k) plan.
Adams Investment Company
Corporate Controller
Bartlesville, Oklahoma June 1986-
September 1988
Responsible for all general accounting areas, reporting functions, cash
flow management, banking relations, budgeting, and tax compliance.
Selected Accomplishments:
. Assumed Corporate Controller responsibilities while maintaining previous
responsibilities.
. Successfully completed federal and state audits without adjustments.
Ken-Ada Ranches
Controller
Bartlesville, Oklahoma December
1984-June 1986
Responsible for all general accounting areas, reporting functions, cash
flow management, banking relations, budgeting, and tax compliance.
Selected Accomplishments:
. Developed a costing system to more accurately account for raised
animals.
. Developed and implemented reporting requirements for newly acquired
companies.
Fox & Company/Touche Ross
Senior Auditor
Tulsa, Oklahoma June 1979-
December 1984
Primary emphasis on examinations of financial statements leading to
expression of opinion on fairness of presentation in accordance with
generally accepted accounting principles.