Management Accounts Payable

DOUGLAS A. BAILEY

***** **** ***** *****

Auburn, WA 98001 **********@*****.*** Cell: 949-***-****

FINANCIAL EXECUTIVE

EXECUTIVE SUMMARY

Extensive experience as a hands-on Senior Financial Manager in directing accounting and financial operations for Manufacturing, Service and Engineering industries. Proficient in Cost and Financial Analysis, General Ledger, Management Reporting and Taxes. Proven track record in cash management and relationships with financial institutions. Demonstrated proficiency in controlling and reducing costs, providing directional guidance to solve operational issues and the ability to work with all levels to increase efficiency and productivity that meet company goals. Developed, implemented, and monitored operating budgets; restructured and reorganized operations to increase efficiency and improve profitability.

CORE KNOWLEDGE AND SKILLS

Financial & Management Reporting

Capital Equipment Procurement

Compensation & Benefit Packages

Financial Audits

Forecasting & Budget Management

Inventory Control & Distribution

Regulatory Compliance & Reporting

Banking & Cash Management

Staff Hiring & Development

Insurance & Risk Management

PROFESSIONAL EXPERIENCE

D A Bailey Accounting & Tax Service 10/2006 – Present

Monthly and Year End Financial Statements for small businesses

Personal and Corporate Federal and State Tax Returns

Consultant, WorldWide Produce, Inc 1/2014 - 9/2014

Noteworthy Accomplishments

Accounts Payable – Improved efficiency and cash flow

Accounts Receivable - Replaced department-decreased DSO

Created Departmental Budget

Created Departmental Financial Statements – Location and Consolidation

Controller, Dual Graphics, Inc. 2/2012 – 6/2013

Primary Responsibilities: Billing, Credit & Collections, Accounts Payable, Payroll, Banking and Cash

Management.

Noteworthy Accomplishments

Implemented new accounts payable processes that eliminated duplicate payments.

DOUGLAS A. BAILEY Page 2

PROFESSIONAL EXPERIENCE (Cont.)

Chief Financial Officer, Coast Sign, Inc. 5/2007 – 12/2011

Primary Responsibilities: Billing, Credit & Collections, Accounts Payable, Banking & Cash

Management, Cost Accounting, Risk Management, Inventory Control,

Regulatory Compliance & Reporting, Financial Audits, Monthly & Year End

Financial reporting, Capital Equipment procurement for new manufacturing facility.

Noteworthy Accomplishments

Implemented new Cost Accounting processes and procedures.

Created new accounting processes that allowed for departmental reporting

Implemented new payroll system that resulted in a 10% cost savings and reduced government reporting errors to zero.

Negotiated with government agency to eliminate $150,000.00 penalty and interest charge.

Created cash forecasting process to improve cash management and increase cash flow.

Established inventory control process that improved material management and improved purchasing decisions.

Established procedures that reduced invoicing time and errors, thereby improving cash flow.

Restructured insurance policies that improved coverage and reduced costs by 20%.

Controller, International Space Optics, Inc. 2/2004 – 4/2007

Primary Responsibilities: Accounting and Administrative functions, Human Resources, Banking and Cash

Management.

Noteworthy Accomplishments

Researched, purchased and implemented new accounting software.

Reviewed old records to determine extent and amount of embezzlement and fraud of prior management.

Responsible for Letters of Credit for importing product.

Financial Advisor, HotHand, Inc. 1/2002 – 12/2005

Controller, Alarm One, Inc. 11/1999 – 11/2001

Controller, CTL Environmental Services, Inc. 4/1998 – 10/1999

Chief Financial Officer, Clinical Care Health Services, Inc 6/1992 – 11/1997

Controller, Fernando’s Foods, Inc. 5/1987 – 4/1992

Regional Controller, Dobbs International, Inc. 10/1984 – 3/1987

EDUCATION

California State Polytechnic University, Pomona

Bachelor of Science – Accounting

Passed CPA Exam

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