State University Management
Resume:
JON B. SANDERSON, C.P.A.
Cell: 901-***-**** Birmingham, AL 35242 ***********@*********.***
SENIOR FINANCE EXECUTIVE
Senior-level executive with over 20 years of finance, administration, credit and public accounting experience in financial services, manufacturing, and distribution industries. Strategic vision to identify potential opportunities and management skills to execute organizational goals to drive profitability through organic corporate growth directives and mergers and acquisitions. Proven ability to develop and implement systems to streamline financial management, analytics and internal controls. Strong management skills, exemplary staff leadership and professional development.
SKILLS AND EXPERTISE
Financial Management Mergers/Acquisitions Investor Relations
Inter-Departmental Administration Profit Analysis Team Building/Development
Process Improvement Credit Facilitation Efficiency through Technology
Project Evaluation Contract Negotiations Resource Allocations
SELECTED ACHIEVEMENTS
•Identified excessive costs in the corporate overhead structure. Eliminated duplicate services and non-performing personnel. Result: $2.8 million cost savings.
•Led diligence efforts on more than 15 potential acquisitions including a London-based brokerage firm. Expanded firm footprint and support growth of businesses through acquisitions. Result: Closed 4 of these acquisitions and initiated an international presence.
•Initiated a $4.5 million data warehouse project to streamline and standardize information flow between business units. Eliminated multiple versions of the same report. Result: Enhanced financial and operational reporting and restored creditability to this reporting.
•Reduced monthly financial close process to 2 days from 5 days while maintaining the integrity of “actual” data versus employing estimates. Utilized technology and automation to replace manual processes. Result: Actual financial data available to assess the monthly activity and enhance business decisions.
•Developed relationships with credit facilitators (4) adding more than $225 million of additional capacity. Allowed for additional inventory capacity for Fixed Income Division. Result: Trading profits increased approximately 17% year-over-year.
•Standardized the compensation structure for salesman and traders to facilitate consistency and transparency in the respective payouts. Eliminated subjectivity in the compensation calculation. Result: Increased productivity by eliminating the subjectivity and resulted in $350,000 cost savings in the first year of implementation.
JON B. SANDERSON, C.P.A.
Cell: 901-***-**** Birmingham, AL 35242 ***********@*********.***
PROFESSIONAL/WORK HISTORY
Sterne Agee Companies – Birmingham, Alabama
•Senior Financial Officer 2015 – 2016
Sterne Agee Group, Inc. – Birmingham, Alabama
•Chief Financial Officer and Treasurer 2012 – 2015
oChair, Underwriting Commitment Committee
oChair, Independent Broker Dealer Committee
Morgan Keegan & Company, Inc. – Memphis, Tennessee
•Controller and Managing Director 1998 – 2012
•Assistant Controller and Senior Vice President 1992 – 1998
•Assistant Controller and Vice President 1990 – 1992
OTHER EXPERIENCE
Ernst & Young, LLP -- Memphis, Tennessee
KPMG Peat Marwick, LLP -- Raleigh, North Carolina
EDUCATION/TRAINING
Bachelor of Professional Accountancy Mississippi State University
Series 27 Financial Principal Investment Training Institute-Nash, Inc.
Series 7 – General Securities Registered Rep Investment Training Institute-Nash, Inc.
CPA Review Becker Review Class
OTHER INFORMATION
American Institute of Certified Public Accountants
Tennessee Society of Certified Public Accountants
Securities Industry Association CFO Roundtable (Chair, 2011)
Memphis Recovery Center, Board Member
American Heart Association, Board Member
Birmingham Bulldogs (Mississippi State University Alumni Chapter)
Memphis Maroon Club (Mississippi State University Alumni Chapter)
Distinguished Service Award-2011)
Samford Business Network-CFO Roundtable
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