David Rees
270-***-**** ********@*******.***
WORK HISTORY
PHILMO, INC. - Franklin, KY 05/13 - 06/14
Controller/HR Director
. Administered the accounting of three companies: a duct tape manufacturing
company, a packaging company and a unique wood building company,
including AP/AR, reconciliation, preparation of financial statements,
collections, tax payments and cash management
. Ensured effective internal controls were in place and in compliance with
GAAP and applicable federal, state and local regulatory requirements
. Managed the preparation and analysis of monthly financial statements
. Prepared and managed activities associated with the annual financial
statement audit
. Led annual budget process working with department heads and executive
team
. Provided recommendations to improve effectiveness and financial
performance of the company
. Developed and monitored internal financial control processes
. Saved the company $30,000 in healthcare costs by taking the company
employees to the open market
. Saved the company $20,000 in business insurance costs by rebidding the
insurance and making changes in the coverage
Reason for leaving: Position was outsourced
TPM, INC. - Bowling Green, KY 03/12 - 02/13
Controller and Finance Manager
. Handled accounting for four companies: an environmental company, a
recycling company, an auto parts company and a company that did airport
fueling systems, construction and destruction of buildings and emergency
spill response, including AP/AR, costing of projects, motor carrier
registration and reporting, insurance administration and financial
statements
. Collected 10 per cent of the past due accounts receivable due from the
companies that were over 1 year past due
. Paid 15 per cent of the past dues invoices due to vendors of the
companies that were 2-3 years past due
. Monitored and maximized the cash management of the companies by moving
funds between companies through intercompany transactions
. Handled employee insurance, garnishments, tax reports, payments and W2/W4
reporting
Reason for leaving: Company was in financial difficulty
BANKER'S LIFE & CASUALTY COMPANY - Bowling Green, KY 09/10 - 09/11
Insurance Agent
. Contacted potential clients and set appointments
. Accessed client's needs and developed strategies to protect their
families and assets
Reason for leaving: Desired a return to Accounting
AMERICAN BANK & TRUST COMPANY - Bowling Green, KY 10/06 - 05/10
Director of Accounting and Finance
. Administered accounting functions for the bank and holding company
. Managed the investment portfolio and made recommendations for purchases
and sales
. Acted as Secretary for the Asset/Liability Committee and communicated
current bank ratios and recommendations for strategies to meet bank goals
. Established budgets, departmental goals and strategic goals
. Completed Call Report and other regulatory reports required by Federal
and State agencies
. Maintained compliance for the Asset/Liability, Investment, Funds
Management and Liquidity policies and procedures
. Reviewed and paid expenditures for the bank and holding company
. Handled monthly financial reporting to the Board of Directors
. Recommended the methods to fund loan and/or asset growth
. Managed the daily cash position of the bank and holding company
. Managed growth in total assets from $150 million to $225 million with the
use of alternative forms of liabilities and improving profitability
Reason for leaving: I defended a fellow employee who was blamed 100% for
some loan violations
BEST CHAIRS, INC. - Ferdinand, IN 05/05 - 03/06
Controller
. Ensured effective internal controls were in place and in compliance with
GAAP and applicable federal, state, and local regulatory requirements
. Managed the preparation and analysis of monthly financial statements
. Managed the cash within the company accounts
. Established expenditure budget for new company that was purchased
Reason for leaving: I was not getting the proper training for this
position and decided to take the summer off to show ponies with my daughter
in her final year of eligibility
SPRINGS VALLEY BANK & TRUST COMPANY - Jasper, IN 05/81 - 05/05
Senior Vice President, Cashier and CFO
. Developed and administered policies to increase profits
. Reviewed the strategic plan and established goals while coordinating
procedural changes to achieve those goals
. Managed the investment portfolio; documented and presented
recommendations to executives on Asset/Liability Management team
. Reported financial highlights to Board of Directors at bi-monthly
meetings
. Established budgets and department profitability
. Handled regulatory reporting for bank and holding company
. Began career as Accountant, became Controller in 1984 and was appointed
to CFO in 1987
. Managed the growth of the bank from $60 million in 1981 to $240 million
in 2005
. Implemented changes to reduce telephone expense By $60,000 annually and
reduce ATM expenses on network and maintenance contract by $18,000
annually
. Evaluated and made decision to invest in a bank owned life insurance
(BOLI) policy to provide additional income ($45,000) to the bank and
provide improved benefits to management team
Reason for leaving: I left to go to the Best Chairs position
EDUCATION
University of Evansville - Evansville, IN
Bachelor of Science - Business Administration - Accounting
Graduate School of Banking - Madison, WI
Diploma - Advanced Banking