Accounting Professional Experience

IVERTON M. NEWTON, B.Sc., A.C.M.A., D.M.S.

*** **. ******* ***** *** 402 § Pembroke Pines, FL 33026 § 954-***-**** § Cell 954-***-****

*************@*****.***

Financial Services

Corporate Accounting Management

Financial Controller / Domestic & European Career

International Chartered Management Accountant professional with career background as Financial Controller/Assistant Controller blending accounting with multi-disciplinary, domestic / international operations to provide business-driven focus. Record of progressive advancement reflecting ability to augment fiscal efficiency and maximize financial operations. Excellent analytical, communication, and problem-solving skills. Key experience, not limited to:

Corporate Accounting / Financial Review, Statement Preparation & Reporting

Integration & Relocation / Industry Liaison / Project Management / SOX Experience

PROFESSIONAL EXPERIENCE

CONSULTING Ft. Lauderdale, FL 2008 to 2015

§Preparing Personal taxes. Teaching Taxes –Multi Store Manager

Managing 33 people-Motivating Group to meet goals-Managing Store Profitability-

Dealing with exceptional client problems- executing national Marketing locally. Meeting goals.

§ Book-Keeping,ProvidingFinancialServicetoSmallBusinesses. IslandGLOBALYACHTING Ft.Lauderdale, FL 2007 to 2008

($400MM, Int’l Marina Development 500 Employees)

Assistant Controller

§ Implemented fixed assets system

§ Assumed control of Consolidation Accounting

§ Supervised all facets of general ledger, fixed assets, inventory, income/sales/payroll tax, payroll, A/P, A/R, EOM closing, cash application, accrued liabilities, credit/collections, prepaid expenses, disbursements, depreciation, bank reconciliation, forecasting, and consolidated, management, and ad hoc reporting

§ Provided administration, accounting, and manual authoring for inter-company accounts.

§ Trained staffs and teams in accounting systems and procedures.

§ Developed and instituted corporate accounting policies / procedures.

§ Identified and implemented appropriate accounting solutions to accounting problems

§ Prepare consolidated financial statements, budgets and forecasts.

§ Responsible for all intercompany accounting – monthly reconciliations.

MARINE HARVEST USA INC. Pompano, FL 2006 to 2007

($500M, Nat’l Salmon / Fish Wholesalers 100+ Employees)

Senior Accountant

§ Primary responsibilities include financial reporting, managed and supervised accounting department,

Reviewed and analyzed all aspects of the general ledger.

§ Reviewed and re-organized the Fixed Assets Ledger, modified the Fixed Asset Ledger saving a potential

$1MM in write-offs. Set-up FAS a Fixed Asset ledger.

§ Set-up all aspects of Electronic Banking, reviewed the banks daily, transferred huge sums of cash weekly,

Did bank reconciliations; cash forecasting and budgeting.

§ Coordinated and oversaw all aspects of tax filings, external auditors, and internal control issues.

§ Other duties included the maintenance of relationships with banks, vendors and customers.

§ Managed and oversee Fixed Assets accounting of the company.

REWARDS NETWORK SERVICE, INC. Miami, FL 1992 to 2006

($400MM, Rewards Program Company 500 Employees)

Senior Accountant

§ Areas of responsibility encompassed all aspects of the general ledger including reconciliation of all

Balance sheet accounts – bank accounts, accounts receivable accounts payable and all other accounts.

§ Was heavily involved in EOM, ensuring all accruals and prepayments were made and in the preparation

Of financial statements.

§ Assisted in the planning and conversion of a new GL system in Infinium 2000, converting from FFA system.

§ Set-up a foreign currency ledger to account for Canadian subsidiary.

IVERTON M. NEWTON, B.Sc., A.C.M.A., D.M.S. - Page Two -

§ Set-up and administered new ADP/downloading of payroll directly into the General Ledger

§ Set-up and administered Electronic banking covering local and international banks.

§ Cut monthly reporting from 20 days to three days over tenure.

§ Assisted in the successful implementation of the Sarbanes-Oxley Act and actively involved in maintaining and improving applicable key controls.

§ Set-up, maintained and managed all aspects of electronic banking, managed investments, provided

Short/medium term cash budgeting and cash forecasting.

§ Implemented a Purchasing Ordering System which reduced expenses by $100,000 annually

§ Assist in the preparation of SEC Filings and all Financial reports to Executive Management and

Board of Directors.

EUROPEAN ASSIGNMENTS -

WANG EQUIPMENT SERVICES, LTD (Subsidiary of Wang, U.K.) London, England

($100MM, Computer Lessor)

§ Provided timely financial reporting, managed and supervised accounting department,

Reviewed and analyzed all aspects of the general ledger.

§ Provided VAT compliance and system review.

TANDEM COMPUTERS, INC. High Wycombe, England

($ 1B, Computer Manufacturer)

§ Consolidated European accounts using multiple currencies.

§ Prepared accounts to FASB and GAAP standards.

CONTINENTAL UNIVERSAL PRODUCTS West London, England

($4B, Tire Manufacturer & Distribution 2000 Employees)

§ Reduced monthly inventory variance from $’100 to $’5 per month.

§ Prepared EOM reporting in German format.

§ Managed transfer/inter-company pricing; resolved all associated issues.

§ Provide inventory control for millions of dollars of tires.

SOUNDCRAFT ELECTRONICS London, U.K.

($100MM Electronic Music Mixers Manufacturer 100 Employees)

§ Managed Costing System.

§ Reduced cash collection from 120 to 60 days.

§Supervised a team of eight to produce quality information for Executives; fostering bank negotiations.

EDUCATION

London University, UK - Diploma in Management Studies (DMS), Post-Graduate

London University, UK - B.Sc. (Hons) in Chemistry / Biology

The Institute of Chartered Management Accountants – Member

International Associates CPA - #01699893

COMPUTER SKILLS

Microsoft: Excel / Word

Accounting Software: FRX (Report Writer) § FAS (Fixed Asset System)

FFA (Menu-Based, AS 400) § SSA (Report Writer)§ Astra § Hyperion § BST § Great Plains § Infinium 2000

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