Mark A. Hughes
Messages: 949-***-**** . Cell: 949-***-**** .
abhxr0@r.postjobfree.com
Senior Financial Management
Leadership ~ Strategic Planning ~ Financial Analysis & Reporting
Budgeting ~ Forecasting ~ Systems Development
Senior financial manager with 20 years experience in the electronic
manufacturing and apparel industries. Proven abilities in business
leadership, strategic planning, forecasting, financial planning and
analysis. Demonstrated expertise in financial management of companies
experiencing both rapid revenue growth and declining revenue to maintain
profitability. Strengths in accounting, financial operations, budget
development and staff management and development. BS, Accounting,
California State University, Long Beach.
KEY TRANSFERRABLE SKILLS
Tax Administrative Operations General Accounting
Team Building Cash Planning New Venture Development
Process Improvements Treasury Compensation Management
EMPLOYMENT BACKGROUND AND ACCOMPLISHMENTS
FREEDOMROCKS, INC. - North Las Vegas, Nevada 2007 - Present
Direct marketing firm.
Chief Financial Officer
Responsible for management of finance, accounting, budgeting, forecasting
and preparation of financial statements. Redesigned accounting and control
systems leading to timely and accurate financial reporting.
. Researched and initiated new secure universal payment solution to meet
the funding needs of an expanding network of Independent Representatives
in over 65 countries. This led to use of Master Card Branded Debit Card,
giving Reps a reliable and useable payment solution without incurring any
start-up costs.
. Created new chart of accounts and implemented Departmental Operating
Expense Reporting methods, resulting in more efficient system to set and
maintain budgets for review with Department Managers.
ECLIPTEK, INC. - Costa Mesa, California 1994 - 2007
Electronic component manufacturing company with 20-30% growth from 1994-
2000.
Chief Financial Officer
Responsible for management of Finance Department, banking relations,
insurance and Employee Benefit Programs. Prepared financial forecasts for
new and continuing entities. Directly supervised Controller, Human Resource
Manager, Credit Manager and clerical support group.
. Created standardized credit rating method for new and existing customers
and established a Credit Committee to discuss and oversee customer credit
exceptions. This led to ability to measure credit worthiness of customers
while providing an avenue to accept $1M in orders from customers that did
not otherwise qualify.
Mark A. Hughes Page Two
EMPLOYMENT BACKGROUND AND ACCOMPLISHMENTS (Continued)
ECLIPTEK, INC. - continued
. Upgraded bank reporting by utilizing bank's online reporting and
notification systems, leading to ability to post all incoming funds on a
current basis. This resulted in up to date Accounts Receivable records
and elimination of shipping holds on customers who had not been credited
with payment.
. Developed Incentive Plans for Departments in order to better control
labor costs, resulting in reduction in new hiring requests and department
staffing.
. Initiated, developed and implemented sales compensation plan in order to
match company goals of increased sales and profitability, resulting in
raising gross profit from 27% to 38% while increasing sales volume by
25%.
. Developed standardized sales compensation agreement that ensured proper
compensation of salespersons while providing timely information for
preparation of Financial Statements.
. Developed and implemented more efficient method of closing monthly
financial statements, resulting in closing financial statements in seven
days instead of the previous 15, providing management with financials on
a timely and consistent basis.
. Designed and established expanded General Ledger giving more detailed
financial information to CEO and COO, while making comparative numbers
and analysis easier to read and understand.
Earlier career: SILVER TEXTILES, INC., Controller, BARNABY, INC.,
Controller,
FASHION CLUB, INC., Controller, STONEFIELD & JOSEPHSON, INC., Audit
Supervisor, ROBINSON, WEINBERGER, PILICHI, INC., Staff Accountant,
EDUCATION
BS, Accounting, California State University Long Beach, Long Beach,
California
COMPUTER PROFICIENCY
Microsoft Office: Word, Excel, PowerPoint, Outlook, Quickbooks
and various proprietary Bank Cash Management Programs
KEY WORDS FOR OPTICAL SCANNING
Materials Management, Purchasing, Warehousing, Distribution Operations,
Order Processing, Sales Analysis, Financial Analysis, Financial Planning,
Banking Relations, Equity-Debt Mgmt., Cash Management, Insurance, Pension &
Fundament, Credit & Collections, Taxes, Treasury, Cost Control, Accounting,
Budgets, Reports, Analysis, Forecasting, Planning, EDP Systems, Audits,
Computer Operations, Accounting Systems, Computer/Telecommunications,
Systems and Procedures, Training, Supervision, Facilities/Leases,
Purchasing & Distrib., Recruiting, Evaluation, Selection, Orientation,
Compensation, Benefits, Wage & Rate Analysis, Safety, Leases, Taxes,
Documentation, Incorporation, Records, Board of Directors, Activities &
Resolutions