Accounting Manager
Resume:
David W. Iverson
***** ** ***** ** ***** Valley, WA 98038
***********@*****.***
SUMMARY
Performance Oriented Finance and Accounting Professional with diverse knowledge and skills perfect for running a corporate accounting, human resources and risk management departments. I’m a strong executive team member, with strong management and supervisory skills, excellent multi-tasking and organizational aptitudes; and I’m an effective communicator and problem solver. I have an innate ability to understand the needs of other departments, superiors, customers and vendors. Extensive experience with system design and implementations, consolidated financial statement analysis and preparation, job cost analysis, cash flow management, payroll and banking.
EXPERIENCE
The Driver Training Group, Inc. March 2009-Current
VP of Finance and Administration (promoted from Controller)
A driver training company that focuses on Franchising, New Driver Training, Fleet Training and Distracted Driving Media events.
Completed acquisition of competitor that expanded company into a national footprint.
Consulted with 20 franchisee owners to improve their franchise results.
Help increase the revenues of the franchise system from $4.6 million in 2011 to $11.4 million in 2015.
Implemented standard accounting systems for all franchisees, to help them and our company better understand their businesses.
Responsible for updating the Franchise Disclosure Document.
Assumed responsibility for Human Resources department, revising policies, procedures and company handbook.
Assumed responsibility for Risk Management department, updating insurance coverage to meet the needs of the company.
Controller
Responsible for all accounting operations.
Worked on a team that effectively restructured the service delivery operations of the company, which contributed to an increase in gross margin by 51%.
Successfully designed and implemented new accounting software system within three months of starting with company. Also redesigned income statement to better analyze operating results of the company and set a standard for the industry.
Assumed responsibility for Human Resources department, revising policies, procedures and company handbook.
Introduced the company to competitive analytics, which assisted with company expansion, better understanding of sales cycle and determine the company’s key performance indicators.
Revchem Plastics, Inc. July 2008 – December 2008
Controller-Consultant
A manufacturer/retailer of materials, equipment and supplies for the composite/cast polymer industry.
I was hired to oversee the companies accounting operations during a company restructuring. The accounting department was temporarily moved to Washington from California and had not been maintained properly in over 9 months.
VMC Consulting Corporation Nov 2004 - July 2008
Controller (Promoted from Project Accounting Manager)
Global technology solutions provider
Improved budgeting and forecasting methods to better reflect revenue forecasts and minimize variances to actuals.
Restructured financial system to better align with business structure by setting up six practice areas for each of the major lines of business.
Upgraded department talent by restructuring department and hiring highly qualified managers, as well as upgrading positions as they became vacant.
Oversaw all facets of finance and accounting operations. Managed a department of 15 accounting professionals.
Reviewed monthly-consolidated financial statements, annual budget, monthly forecasts, employee career paths, process improvements and business process documentation, and ERP assessment team lead.
Sarbanes-Oxley Compliance officer responsible for all internal controls, as well as working closely with both internal and external auditors.
Project Accounting Manager
Responsible for managing the $100 million of invoicing, revenue recognition for the company and its financial statements, analyze the 250 plus projects the company operates, reconciliation of accounts receivables and unbilled revenue accounts, review and analyze the weekly accounts receivable aging, forecasting of revenues, direct labor costs and gross margins, set up of internal control processes within the companies proprietary software system (Innerweb) used for billing and time card entry, Sox audits related to revenue recognition and invoicing.
Helped reduce unbilled revenues by $2 million dollars by focusing attention on streamlining the process of acquiring proper documentation from clients, such as purchase orders to eliminate delays.
Reduced aged accounts receivables $800 thousand dollars by instituting better collection procedures, opening up lines of communications with customers and training of staff to correct errors.
Attain Sarbanes-Oxley Compliance by initiating standards related to revenue recognition and invoicing in the department. Audit time was reduced by more then two-thirds in 6 month time frame.
Successfully completed Six Sigma Black Belt training.
Concut, Inc and Accountemps April 2004-Sept 2004
Consultant
Manufacturer of diamond tip concrete cutting blades
Assisted with Great Plains accounting software implementations, set up of the following modules – general ledger, accounts payables and receivables, sales order processing, purchase order processing, inventory, manufacturing, fixed assets and financial statement reporting. Was tasked with the training of the accounting staff in the use of the software as well.
Helped save the company money and bring implementation under budget through use of my skills and knowledge instead of the company having to use the more expensive supplier who they purchased the software from.
Dotcast, Inc. Feb 2003-March 2004
Director of Finance (Consultant)
A broadband communications technology developer.
Responsible for preparation, review and analysis of financial statements, budget preparation and analysis, project forecasting, cash flow reporting, annual audit of financial statements, set up of internal control systems and oversight of accounting software systems.
Assisted with the restructuring and turn around of company in a one year time frame. Through analysis of monthly expenditures, budgeting, cash flow management and project forecasting, the company was given enough time to bring in new business and projects. The company went from a loss of $35 million in 2002 to a profitable position in 2003.
Jore Group Sept 1991-March 2002
Corporate Controller (Promoted from Accounting Manager)
Domestic and international tug and barge shipping company with annual revenues of $35 to $40 million.
Responsible for review and analysis of consolidated financial statements, project job cost analysis, cash flow reporting, Maritime and other government agency reporting, annual audit of financial statements and pensions, bank and loan covenants, supervision of entire accounting staff, and oversight of accounting software systems.
Designed and implemented new accounting system using Great Plains Dynamics. This system helped streamline the accounting process for financial statement preparation, cash management and payables processing.
Designed and implemented new payroll system using Ceridian. This system helped save money by making it more efficient for just one person to do the payroll instead of two. The system also offered direct deposit for the first time and better labor tracking for job costing.
Accounting Manager
Responsible for preparation of consolidated financial statements, creating weekly cash flow projections, weekly job cost projections, SG&A cost analysis, prepare monthly state and city tax reports, direct supervisor of the accounts payables, accounts receivables, payroll and billing departments.
Developed Excel spreadsheet to analyze job costs of weekly barge service, which helped to establish measurement standards. The standard where then used to make more accurate projections for future jobs, cash flow projections and financial statement accruals.
Performed in depth comparative analysis of new joint venture and it viability. The decision to move forward with the joint venture was made with use of the analysis. The analysis was later used for comparison to the actual operating results. The joint venture saved the company significant operation costs.
Boyd, Olafson and Company Jan1990- Aug 1991
Staff Accountant
Second largest local CPA firm in Yakima.
Responsible for preparing individual and partnership federal tax returns, audit fieldwork and special project analysis. Required to manage time to meet allotted budgets for each job and keep track of billable hours.
Billable hours of over 80%.
85% of all budgeted jobs were met.
EDUCATION
Central Washington University – Ellensburg, WA
BS Accounting
Central Washington University – Ellensburg, WA
BS Finance
VMC Consulting Corporation – Redmond, WA
Six Sigma Black Belt
COMPUTER SKILLS
MS Excel QuickBooks Online Keynote OSAS Open Office Driving School Systems
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