Maria Cassidy
***** *.*. **** ****** ( Southwest Ranches, FL 33331 ( 954-***-****
abm17w@r.postjobfree.com
QUALIFICATIONS SUMMARY
Results orientated financial executive with extensive experience in
financial management roles. Excellent problem solving, customer
relationship and team management leadership skills. A passionate and
creative team leader that consistently meets targets with honesty and
integrity. Experience across diverse industries in:
Mergers and Acquisitions Forecasting and Budgeting
Strategic and Financial Planning Collections Management
Financial and Operational Reporting Customer and Vendor Relationships
PROFESSIONAL EXPERIENCE
ABB CONCISE OPTICAL GROUP LLC, Coral Springs, FL 2006- 2009
Controller
Led up to eight direct reports for optical company with over 7,000
customers with annual revenues of $300M and over 400 employees. Responsible
for financial and operational reporting, collections, accounting, cash
management and budgeting.
. Streamlined accounting department of labor costs by $400K within 6 months
of merger with $160M optical company located on the west coast by cross
training.
. Reduced Company's access to working capital from 5 days to 2 days through
the implementation of lock box.
. Managed collection team that reduced DSO from 45 days to 40 days and
reduced over 90 day receivables from 5% to 2%.
. Executed bank covenants, cash flow and pay down of Revolver and Term
Loans to ensure bank covenants were met on a quarterly basis.
. Reduced approximately 10 days from end of month close to production of
internal financial and budgeted reports by refocusing team priorities.
IBB INTERNATIONAL, Sunrise, FL 2004 - 2006
Director of Accounting
Managed all accounting functions for a domestic and international jewelry
wholesaler/manufacturer with revenues of over $24M annually. Prepared and
analyzed monthly financial statements. Directed a team of 6 reports and the
Human Resource Department.
. Reduced accounting overhead by $80K annually through streamlining
processes within three months of employment.
. Uncovered $50K error through the review of equipment and maintenance
contracts.
. Reduced external audit expenses through training of staff to produce
required year end work papers.
. Reduced electrical billings by 10% annually through partnership with the
electrical company to efficiently manage kilowatt hour usage.
WORLD INDUSTRIES, Coral Gables, FL 1997- 2004
Finance Director
An international company with operations in seven countries throughout the
Caribbean and South American markets focused on consumer retail,
distribution, financial services and franchises. Supported all aspects of
the financial statements, budgets, cash flow, business plans and day to day
duties by overseeing accounting departments in all countries and reporting
directly to the Chairman of the Board. Ability to assimilate with various
countries/cultures due to quarterly market visits.
. Acquired Western Union franchise in Suriname that increased profitability
by 20%.
. Researched an acquisition of additional franchise for distribution and
shop for Bahamas, U.S.V.I. and Puerto Rico of Haagen Daz that provided
additional annual income of $250K.
. Provided financial support for operations and marketing to ensure
successful launches of all markets were in compliance with budgetary
parameters.
. Renegotiated existing contracts with all vendors to allow extended terms
from 30 days to 60 days.
. Studied and managed custom requirements for all international markets
that allowed clearance of goods in a timely, efficient and financial
manner.
EDUCATION
M.B.A., Finance/Accounting, Nova Southeastern University, Davie, FL
B.S., Accounting, Barry University, Miami, FL
TECHNICAL SKILLS
Microsoft Office Suite: MS Word, MS PowerPoint, MS Excel, MS Outlook, MS
Access
Additional Programs: Quicken, QuickBooks, AS400, WDS