Quality Assurance Accounting

Mary Jo Ray

Bonita, CA ***** 619-***-****

acvvy2@r.postjobfree.com

Chief Financial Officer

Strategic CFO, with vast experience of directing and developing financial operations across complex and competitive sectors. Experienced in driving change, innovation and business improvement, via process optimization, new systems implementation and robust P&L management. Able to build positive relationships at all levels, with clients, key stakeholders, vendors and external agencies. Widely regarded as a strong and supportive leader, who thrives in complex working environments.

Areas of Expertise

Financial Management & Control

Retail Analysis

Motivational Leadership

Strategic Planning

Business Process Optimization

Inventory Control

P&L Ownership

System Automation

Quality Assurance

Professional Experience

CHINABERRY INC, Spring Valley, CA 1/02 - Present

Chief Financial Officer

Expertly manage financial activities for the procurement, finance and accounting functions of a leading E-commerce - mail order company. Craft and implement high-impact strategies to enhance financial and operational performance. Generate accurate financial reports to critical deadlines. Lead key contract negotiations for bank loans and lease agreements. Oversee intellectual property assets, including over 190 copyright requests, trademark applications and renewals.

Key Accomplishments:

Spearheaded the introduction of automated accounting systems, which ensured zero increase in labor costs despite a rapid period of growth for the company; sales increase of circa 50%

Delivered a 68% reduction in aged inventory (reduced from $298K to $96K), improved cash flow by about $400K and increased inventory turns from 2.7 to 5 times, following the creation and implementation of a robust inventory management program

Formulated a new quality assurance program which was successful in enhancing customer satisfaction levels, decreasing returns and providing detailed merchandise analysis

Established a monthly report combining financial and inventory data, which enabled the active monitoring of performance against pre-determined targets

Selected as Chair for various specialist project committees, spanning client relations, purchasing, finance, accounting and system development projects

RCR FINANCIAL, San Diego, CA 12/95 -3/02

Principal

Established a successful financial consultancy offering expert advice to small enterprises, with responsibility for three direct reports. Conducted analysis of financial performance, identified weaknesses and provided profitable solutions. Project managed the implementation of new accounting systems to support business operations.

Key Accomplishments:

Delivered vast cost savings for individual businesses of up to $40K in addition to securing critical financing ranging from $50K up to $2.1 MN

NATIONAL HOME MORTGAGE CORP, San Diego, CA, Controller / Chief Accounting Officer 3/93 – 12/95

MCMILLIN COMMUNITIES, San Diego, CA, Vice President / Corporate Controller 6/90 – 2/93

FLAGSHIP FEDERAL SAVINGS BANK, San Diego, CA, Vice President / Chief Financial Officer 10/84 – 6/90

Imperial Savings, San Diego CA, Accountant 7/81-10/84

Education & Certifications

Bachelor of Science in Business Administration / Accounting, San Diego State University, San Diego, CA

Passed Certified Public Accountant Exam

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