H. ELAINE FLIPPING, CPA, MBA
**** ****** ***** ( Florissant, MO 63031 314-***-**** ( abibdy@r.postjobfree.com
SUMMARY
Results-oriented global finance leader with an exceptional track record for
developing strategy and implementing procedures that improve efficiency and
profitability of domestic and international business operations. Excellent
analytical and problem solving skills. Ability to serve as a catalyst for
productive organizational and system changes. Key financial and
application skills include:
Financial Reporting Financial Statements Account
Reconciliations Lawson
General Accounting Budgeting Cash
Flow Management PeopleSoft
Financial Analysis Variance Analysis Office
Administration SAP
Forecasting Accounts Payable
Internal Controls MS Excel; Work
EXPERIENCE
EDISON LEARNING, INC., St. Louis, MO 2006
- 2010
School Operations Manager-Confluence Academy (2008-2010)
Oversaw the school operational performance through undertaking and managing
finance, administration,
and general school operations in order to support site achievement and
financial success.
. Developed and tracked the school's operating and capital budget.
. Completed the monthly management estimate and variance analysis.
. Completed the monthly accruals and management journal entries to ensure
accurate financial reporting.
. Successfully processed payroll and executed human resource policy
impacting over 100 staff members.
. Ensured completion of the school audit.
. Established vendor relations and facilitated contract negotiations.
. Managed the procurement and inventory of books, furniture and equipment.
. Coordinated federal, state, and local grant reporting.
Regional Controller (2006-2008)
Performed the financial and operational activities for 7 elementary and
secondary charter schools that educated 3.200 students in Missouri and
Minnesota. Directed the compliance reporting to state, local and federal
agencies to achieve a $35 million revenue budget. Interacted with the
schools' Board of Directors to manage the annual operating and capital
budget, and the underlying programs.
. Improved communications with the District Public School's leadership
team which increased the accuracy of disbursements of grants and other
funds.
. Coordinated with the superintendent, the principals, and the school
board to complete the monthly management estimates and financial
statements.
. Successfully managed the accounting and reporting for payroll,
accounts payable, procurement, food services, transportation and
facilities operations.
. Coordinated the annual school audits and completed the annual reports
and underlying financial statements in accordance with GAAP and Yellow
Book principles.
. Trained and supervised 8 accounting and operational team members.
H. ELAINE FLIPPING, CPA, MBA 314-***-****) PAGE
2
SANFORD-BROWN COLLEGE, Hazelwood, MO 2005 -
2006
Director of Finance
Managed the financial activities to achieve the $11 million budget.
Directed the operations of the Bursar's Office, Business Office, Student
Financial Aid Department, Human Resources and Payroll. Completed the
Campus strategic plan and annual budget. Managed the month-end financial
close to generate the GAAP financial statements and reconciliations.
. Successfully identified financial and operational strategies to promote
profitability.
. Completed financial analysis and operational reviews to consistently
achieve accurate forecasts.
. Participated in decisions to establish academic programs and enrollment
goals as a member of the senior leadership team.
. Coordinated SOX compliance and assessments by performing routine reviews
of the financial procedures.
. Achieved the DSO target by improving the collection procedures to reduce
past due cash.
. Facilitated the spending of a $2 million marketing budget.
. Achieved accreditation goals by the timely disbursements of Title IV
funds.
. Reduced expenses $200 thousand by improving purchasing decisions.
UNIVERSITY OF MISSOURI, St. Louis, MO
2003-2005
Senior Fiscal/Operations Manager
Managed the financial and business operations for a newly established $52
million Performing Arts Center. Developed procedures required for
purchasing, human resources, payroll, budgeting, planning, accounting, and
billing activities. Established financial and operational policies and
control procedures. Designed the financial processes required to implement
the marketing and business development strategies. Formulated a sales and
cost projection model to manage the profitability of performances.
Researched and applied Government Accounting Standards (GAS) and state
regulations.
. Converted a manual ticketing process to an automated system.
. Developed procedures to contract non-resident alien performers and handle
related income tax matters.
. Successfully completed the company's first audit in compliance with GAS
and GAAP.
. Obtained a new ruling from the State of Missouri for the application of
sales tax for rental customers.
. Completed the annual budget, financial reports and operational
projections presented to the University's Senior Budgeting and Planning
Committee and reporters for local TV, radio and print media.
. Successfully fulfilled performance contracts by building superior
relationships with performers, agents and community leaders.
AVAYA, INC., St. Louis, MO 1998-2002
Business Planning & Operations Manager (2001-2002)
Area Chief Financial Officer (1998-2001)
Managed the P&L, balance sheet review, and oversight of operating segments
with annual revenues up to $450 million. Administered expense budgets
ranging from $12 million to $32 million.
. Directed forecast meetings and operations reviews with the leadership
teams from Sales and Services operating segments that resulted in more
precise quarterly revenue and expense outlooks and eliminated a $20
million revenue gap.
. Consistently achieved forecast predictions, maintaining an accuracy
objective within 3% of forecast.
. Reduced expenses $2 million by improving internal controls.
H. ELAINE FLIPPING, CPA, MBA 314-***-****) PAGE 3
AVAYA, INC., St. Louis, MO (continued)
. Achieved 38% year-over-year revenue growth by leveraging the revenue
assurance process and coordinating the efforts of the Department and the
Sales, SAP Focus and Customer Care Teams.
. Increased revenues $50 million by identifying technical errors in the
financial reporting systems.
. Formulated a strategy for a project to evaluate customer equipment that
resulted in the Branch receiving awards and bonuses for exceeding the
Corporation's targeted service rate by 11%.
KEYSTONE CONSULTING GROUP, INC., St. Louis, MO 1997-1998
Business Analyst
Provided technical consulting and project management in financial
applications and policies for the NationsBank Finance Change Management
Division.
. Facilitated the smooth integration of acquisitions and financial
applications into the Corporation's model systems and procedures.
. Completed system conversions, testing, balancing and documentation on
time and within budget.
. Coordinated the scheduling and approvals that resulted in the successful
opening of multiple branch offices following a multi-billion dollar
merger.
. Assembled the research and work plan that accelerated the client's
migration from two legacy systems into one common model system, resulting
in implementation three weeks ahead of schedule.
MALLINCKRODT, INC., St. Louis, MO 1991-1996
Manager, International Business Support & Administration (1993-1996)
Manager, International General Accounting (1991-1993)
Managed planning and analysis, budgeting, accounting and reporting, general
ledger, month-end close, consolidated financial statements, SEC reporting,
accounts payable and receivable, and inventory for global operations with
sales of $475 million and working capital of $190 million.
. Developed and controlled worldwide inventory systems for assets totaling
$65 million.
. Advised senior management on improvements which reduced excess and
obsolete inventories and established improved business unit process
controls.
. Led the business development financial due diligence team for a $50
million international acquisition which increased revenues by $11
million.
. Managed the successful integration of international acquisitions into
Mallinckrodt's system of accounting, forecasting and budgeting.
. Led the team that developed international credit and collection
guidelines, risks and opportunities for the implementation of an
international shared services environment which served more than 25,000
customers.
ADDITIONAL RELEVANT EXPERIENCE
Various accounting and audit-related positions with Ralston Purina,
Southwestern Bell Telecommunications, Boatmen's Bank and Deloitte & Touche
in St. Louis, MO.
. Big 4 public accounting and auditing experience.
. Seven years experience performing SEC reporting and completing quarterly
and annual reports.
. Experience performing pre-award and post award audits for government
contracts.
. Experience in Federal Acquisition Regulations (FAR) and direct and
indirect costing principles.
. Completed GAAP research and implemented policies that improved accounting
procedures and controls.
. Six years experience directing general accounting, accounts payable and
property accounting for a multi-billion dollar banking and
telecommunications industries.
. Prepared consolidated financial statements and foreign exchange
translations.
H. ELAINE FLIPPING, CPA, MBA 314-***-****) PAGE 4
EDUCATION AND TRAINING
MBA - Fontbonne University, St. Louis, MO
BS, Business Administration in Accounting - Southern Illinois University,
Edwardsville, IL
Executive Training in Finance - Stanford University, Palo Alto, CA
Certified Public Accountant - Licensed in the State of Missouri
Continuing Professional Education in
Accounting, Taxes and Audit
Over 100 Hours Professional Development Training in School
Operations Management
AFFILIATIONS/AWARDS
Missouri Society of CPAs Award
Former Board Member of the St. Louis Community College Accounting
Curriculum Council
Avaya, Inc. Achievers Club Award
Avaya, Inc. General Manager's Excellence Award
REFERENCES
To be provided upon request.