Douglas DeRose
*** ****** ***** ***** ( Medina, Ohio 44256 ( 330-***-**** (
ablvyy@r.postjobfree.com
Senior Finance Executive
Controller / CFO / Vice President of Finance / Director of Operations
Strategic and results-oriented senior financial manager with 20 years of
experience leading financial, accounting, and administrative departments in
diverse industries. Expert at introducing cost-effective technology
solutions to reduce costs, boost productivity, and heighten awareness of
financial drivers. Dedicated to supporting business growth and improvement
initiatives through organizational structuring, team development, and
resource management. Skilled project manager with background in directing
multimillion-dollar projects.
Core competencies:
Maximizing Financial Performance / ROI Strategic Planning & Tactical
Financial Performance Modeling / Execution
Budgeting Integrating Technology & Business
Business Restructuring & Change Solutions
Management Resource Allocation / Cost Control
Multifunctional Collaboration / Team Recruitment & Development
Leadership Financial System Implementation
Vendor Relations & Negotiations
Professional Experience
FAIR FINANCE COMPANY, Akron, Ohio . 2003-2010
National indirect sales finance company with $250M in assets and 75
employees servicing 100+ dealers in variety of niche industries.
VP / Controller
Recruited to lead accounting and administrative departments, including
human resources, information technology, and customer service. Oversaw
management of facilities and leases.
Notable contributions:
. Reduced overhead costs 19% while improving document security/access
100% by developing and implementing company-wide document imaging
system.
. Eliminated $1M in annual expenses and improved customer service
through organizational restructuring. Consolidated redundant offices
and management positions.
. Supported sustainable business growth by playing key role in
developing $50M line of credit with hedge fund. Managed all debt
reporting requirements.
. Decentralized stakeholders department, reduced costs $450K annually,
and enhanced customer service by installing investment banking
software.
. Decreased telecommunications costs 15% and long-distance costs 47% by
selecting VoIP system.
. Clarified potential financial results of management and ownership
decisions by developing rolling five-year financial forecasting model,
incorporating 100% of business operations.
. Virtually eliminated turnover by implementing annual employee
recognition program focusing on promoting loyalty and commitment.
. Saved $150K in annual costs by negotiating new banking relationship
that encompassed treasury management, merchant services, and remote
deposit.
KURTZ BROS., INC., Independence, Ohio . 2001-2003
Regional manufacturer, wholesaler, and retailer of natural and recycled
landscape products with $25M+ in annual sales and more than 100 employees.
Finance Director / Project Manager
Led team of 12 employees in accounting and information technology
departments. Tasked with project management of corporate ERP conversion
involving accounting, inventory, bill of materials and point of sale
functions.
Notable contributions:
. Developed annual budget process that integrated 100% of departments.
. Eliminated 17% in merchant fees and improved financial reporting by
negotiating merchant service agreement with new financial institution.
. Authored comprehensive policy and procedure manual that was adopted
company-wide.
. Reduced annual system maintenance costs 29% and improved employee
productivity 13% by implementing Great Plains Dynamics ERP solution.
GOODWILL INDUSTRIES OF AKRON, INC., Akron, Ohio . 1998-2001
Provider of job training and placement services with $15M in annual sales
and 80 employees operating across 5 counties in Northeast Ohio.
VP of Finance and Administration
Oversaw accounting, human resources, information technology, and facilities
and safety departments. Managed team of seven direct and eight indirect
reports. Served on executive management team and reported to CEO.
Notable contributions:
. Improved support of both internal and external customers by up to 51%
by boosting productivity of accounting department.
. Increased financial reporting accuracy by 97% and improved timeliness
of financial statements 60% by leading transition from end-of-life
legacy system to new accounting system.
. Negotiated tax-exempt bond issuance to finance construction of $4.5M
corporate, retail, and industrial complex; delivered project on time
and within 1% of budget goal.
. Collaboratively developed plan for $7M capital campaign to finance
long-term down payment of tax-exempt bonds while increasing endowment
fund $5M.
. Reduced budget timeline 11% and improved budget accuracy 29% by
upgrading and integrating annual budget process.
. Improved focus of organizational resources 49% to achieve 13%
reduction in overhead costs by introducing financial metrics for
operating divisions.
PROFESSIONAL BOWLERS ASSOCIATION, Akron, Ohio . 1996-1998
National sports membership organization with 500 members and $25M in
distributed purses annually.
Finance Director
Directed all accounting and administrative operations. Supervised team of
five employees. Delivered financial training to all new association members
at quarterly orientation meetings nationwide.
Notable contributions:
. Delivered $500K in first-year cost savings by introducing new
accounting software designed to create profit centers and integrate
budget.
. Created cash flow awareness with 100% of management team by developing
comprehensive cash management model that tracked daily activity.
. Boosted productivity 21% and doubled staff retention by focusing
management style on mentoring and coaching.
. Increased cash flow 17% and reduced past due accounts 7% through use
of new accounting application.
THE DAYTON ART INSTITUTE, Dayton, Ohio . 1992-1996
Regional art museum providing cultural and educational programs to greater
Dayton area.
Assistant Director of Finance and Administration
Charged with leading financial operations of the organization with staff of
5 direct and 20 indirect reports. Oversaw human resources functions, as
well as physical security of 40K sq. ft. public facility.
Notable contributions:
. Decreased budget timeline 49% and improved accuracy 33% while
enhancing financial awareness of entire management team by creating
integrated annual budgeting process.
. Spearheaded tax-exempt financing project that generated necessary
capital for $14M building expansion project.
. Reduced annual audit costs 13% by improving department productivity
and efficiencies.
. Increased employees' awareness of benefits 59% by creating and
implementing institute's first employee orientation program.
. Rewrote and updated employee handbook to achieve 100% compliance with
EEO regulations.
** *** **
CAREER NOTES: Prior success as Controller with All World Travel Service /
Elder-Beerman Stores.
Education & Associations
UNIVERSITY OF DAYTON, Dayton, Ohio
Bachelor of Science in Business Administration
Major in Accounting
Professional and Community Affiliations
Treasurer, Medina Breakfast Kiwanis . Treasurer, Medina Youth Baseball
Association
Member, St. Vincent-DePaul Society, Medina . Girls Basketball Coach,
Akron CYO