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Accounting Management

Location:
Fort Lauderdale, FL, 33331
Posted:
March 17, 2010

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Resume:

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



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