Hugh Brent Cooke, IV
C.M.A., M.B.A.
**** ******** **** **********, ** 38139
********@*****.***
Professional Profile
M.B.A. graduate with a record of progressively expanding positions and
responsibilities with leading firms. Earned Certified Management
Accountant designation and has 25 years practical experience in diverse
areas of Accounting and Finance. Experience includes Costing,
Budgeting/Planning/ Forecasting, Variance Analysis, Operations Accounting,
and Sales Analysis. A creative problem solver that utilizes solid
analytical skills, the latest problem techniques, and teamwork. Possesses
advanced computer skills including training and testing.
. General Accounting - Well versed in GAAP issues including Revenue
Recognition, SAS 141, 142. Demonstrated ability to reduce close times
and streamline processes. Solid experience in A.P, Fixed Assets,
A.R., Credit Management, Cash Management, Payroll, Inventory, and
Sarbanes-Oxley development.
. Budgeting Forecasting - Experience in budgeting, forecasting, and
planning with large companies. Ability to build and maintain large
models to accurately determine expected results.
. Operations Accounting - Seasoned background in Cost accounting
(Standard, Weight Average, and Market based). Variance analysis
including manufacturing, purchase and price variances; Mfg. overhead
allocation, LIFO, LCM and cost adjustments.
. Financial Analysis - Responsible for key analytical support for large
asset requisitions, customer profitability, product profitability, and
pricing scenarios. Created Earning Variance analysis projects.
. Management/Team Work - Adept at assembling and maintaining quality
work constituents utilizing TQM and problem solving techniques to
solve complex issues.
. Computer Skills - Savvy in writing, developing, and teaching software
applications including testing and implementation of E.R.P modules
including Oracle Inventory and Discoverer, JD Edwards, MAS 500, and
Agris. Advanced skills in P.C. software including Excel, Access,
PowerPoint, MapPoint, and Monarch.
Experiential Highlights
E. RITTER & COMPANY - Marked Tree, Arkansas
Feb. 2006 - Mar. 2010
Corporate Services Controller; Responsible for budgeting, planning
and monthly/quarterly Cash forecasting.
Developed tools for Business Intelligence and KPI measures.
Directed Credit/Collections for the Agri-Services
Group ($100mm +) and Accounts Payable for Corporate group.
Generated Partnership accounting compilation.
Duties expanded upon the departure of the Agri-Services
Controller. Performed analysis and modeling for
acquisitions to foster business growth. Analysis of lease versus
buy to save significant funds as well as capital costs.
facilitated monthly financial reviews and commentary for Agri-
Divisions. Regularly created presentations for Board
of Directors.
. Reduced Close cycle significantly (2 days)
. Revised Budget Process to create consolidated results immediately.
. Drafted Credit and Inventory Policies Agri-Services Division.
. Created Customer Sales reporting system across multiple systems and
divisions
HELENA CHEMICAL COMPANY - Collierville, Tennessee
Aug. 2000 - Dec. 2005
Accounting Manager - Inventory & Accounts Payable; Direct Staff of
5, responsible for 25-30 overall.
Responsible for Inventory Accounting across U.S.A. ($450
million). Maintained Costing, analyzed variances and
Determined major balance sheet accruals and Interfaced with
purchasing on key vendor programs and product-
category gross margin analysis. Worked heavily with lenders on
Inventory financing. Developed database reporting
and allocation methodologies. Responsible for Year-end Inventory
Process for locations in 39 states.
. Received "Attitude is Everything" Award from C.F.O. for work on key
project success.
. Reduced Inventory close Cycle by 50%.
. Solved system issues after IT implementation discrepancies.
. Developed framework for Year-end Revenue Recognition and SAS 141-
142 compliance.
INTERSTATE BRANDS - Emporia, Kansas
Dec. 1999 - Jun. 2000
Plant Controller; Direct Staff of 7, responsible for 50 overall.
Responsible for Accounting, Budgeting, Analysis, Control, and
forecasting for $180 million wholesale bakery.
Created forecasting and analytical models, directed audits, and
reviews. Major emphasis on streamlining processes.
Provided commentary and analysis for month end close. Key support
for controlling plant variances.
. Tenaciously developed S.P.C. for project with National Food Company
for Co-branding (Kraft Lunchables).
. Developed Cost savings activities and increased product margins on
valued added products by 20%.
Hugh Brent Cooke, IV
M.S. CARRIERS - Memphis, Tennessee
Jul. 1998 - Nov. 1999
Revenue Manager; Staff of 18-20 Clerical and Salaried Employees.
Directed Billing, Credit and Collections for $600 million
Transportation Company. Worked to improve staff
through education and training. Streamlined key processes.
Developed reporting and key measures. Key Liaison
between Marketing and Accounting.
. Developed and taught 3 hour training class concerning Billing,
Credit, and Collections.
. Reduced time to invoice by 1 day.
. Acted on DSO improvement opportunities.
CLEO, INC. - Memphis, Tennessee
Dec. 1996 - Jul. 1998
Manager Reporting and Planning
Responsible for General Accounting, Payroll, Accounts Payable,
Close Process, Financial Reporting, Forecasting,
and Budgeting. Guided projects on Business Unit extension,
Customer Analysis, Pricing Scenario Modeling.
Gained substantial insight in JDEdwards including Start-up.
Initiated ground work for Earnings Variance analysis.
. Reduced close cycle by 9 days.
. Cost Savings Award Winner ($100k project)
. Initiated groundwork for Earnings Variance analysis.
KRAFT FOOD INGREDIENTS - Memphis, Tennessee
Feb. 1991 - Dec. 1996
Senior Operations Analyst, Senior Business Analyst
Activity Centered on Annual Budget, long range planning, and
close. Focus on operations issues: Product Costing,
Variances, Fixed Overhead, LIFO, and LCM. Special project
involvement (low cost sourcing, product cost drill
down, and analysis of input costs. Responsible for Balance
Sheet/Cash Flow Budgeting and Analysis. Enhanced
reporting and tracking of Productivity initiatives, and key
asset accounts (Capital Project and Receivables). Key
role in monthly close, business unit reporting, and support of
Marketing Units. Special Projects on Industry
and Customer Analysis, Product Line Profitability, large
Capital Asset requests including financial modeling,
expense analysis and systems review. Financial liaison for
Process and Productivity Teams using T.Q..M. methods.
. Developed extensive "White Paper" for Cereal Industry for Key
Marketing group.
. 1994 Philip Morris Companies S.T.E.P.S. Crystal Winner.
. 3 time "Award of Merit" Winner.
. Recipient of "Special Recognition Award" for Cheese Powder
expansion.
DIXIE PORTLAND FLOUR MILLS, - Memphis, Tennessee
Oct. 1983 - Feb. 1991
Assistant to the Corporate Controller
Duties ranged from Financial Statement preparation with
complete Cost of Goods Sold and inventory valuation to
computerized accounting and operational system design,
development, implementation and training. Acted
as plant accountant for remote mill site. Responsible for
preparing management reports and analyses including
financial projections. Provided audit assistance both
operational and year end projects.
. Computerized calculation of Grain elevator inventories saving
substantial time in close.
. Worked on Due Diligence and F.T.C. second request packages with New
York Law firms.
Education
M.B.A. - Christian Brothers University, Memphis, Tennessee
May 1995
Emphasis Finance (G.P.A. 3.95/4.0)
B.A. - Rhodes College, Memphis, Tennessee
May 1983
Double Major Business Administration/Communication Arts
- Emphasis Finance/
Summer Program - Southern College and University Union, London,
England Summer 1983
"Challenges of the Multinational Economy"
Pertinent Certification, Training, and Membership
University of Phoenix Faculty Training Program
February 2006
Certified Management Accountant
March 1992
Institute of Management Accountants
March 1987
Dale Carnegie Training Course
September 1987
S.T.E.P.S., Philip Morris Companies
October 1994
N.A.C.M. - Memphis Agri-Group Chairman
2010
Oil Marketers Study Group member and participant
2009