F. THOMAS FREEMAN, MAcc.
Brighton, Tennessee 38011
email: ***.*********@*****.***
CONTROLLER * FINANCIAL ANALYST * ACCOUNTING MANAGER
Professional Accountant with several years of experience assisting with corporate management and financial accounting. Experienced in leadership, innovation, and improving the effectiveness of management teams, department functionality, and accounting services. Proven success in developing and managing accounting requirements and financial solutions that guided companies through periods of dynamic change. Experience is supported by solid management capabilities combined with proven analytical and technical skills. Skilled at investigating accounting systems to remedy internal control problems.
Strengths:
Analyzing endtoend processes for total operations, determining/analyzing operational goals as well as coordinating company, financial, and personnel resources to ensure all goals are met.
Expense budgeting/control, forecasting, and business plan development for multi-site facilities.
Experience in assisting with implementation of SOX programs as well as working within the constraints of a SOX program. .
Managing accounting functions including general ledger, state and local tax issues, accounts payable, accounts receivable, and personnel/payroll.
Reviewing internal control structures/cash receipts, disbursements, and inventory.
Software proficiency: Microsoft Office, Word, Excel, Excel, Power Point, Access, Microsoft Dynamics, Agility,
Great Plains 10, FAST, FRx Reporting, Levitt 401/404/Best Practices, JD Edwards, Oracle, QuickBooks.
PROFESSIONAL EXPERIENCE
PYRAMID INTERIOR DISTRIBUTORS, INC. Memphis TN 04/2019 – Present
Financial Controller – Directly supervises four (4) employees located at home office/ indirectly supervises / assists an additional five (5) employees at various Branch locations
Controller for Thirty Million Dollar Operation ($ 30,000,000.00) with four (4) branch locations
Finalized 2018 financial results for external audit purposes and brought 2019 in-house monthly financial results current
Works with independent professionals (external accountants/insurance brokers/bankers) on a regular basis to negotiate insurance premiums, complete/prepare for annual review/audit engagements, and manage a Five Million Dollar Line of Credit ($5,000,000.00)
Oversee Accounts Payable/Credit/Collections/Accounts Receivable/Payroll/General Ledger Postings/Preparation
& /Distribution of Financial Statements /Preparation of Sales Tax Remittances/Employee Retention
INDUSTRIAL APPLICATIONS INC., Memphis, TN 02/2014 – 04/2019
Controller – Directly supervises five (5) employees positioned at two locations
Restored reliability/integrity within the accounting department to both in-house and external customers.
Provided/Created Executive Management with key timely financial information to assist in determining/improving business decisions.
Developed a Job Costing Program for the purpose of judging job/supervisor performance on a job by job basis.
Changed / established procedures to effectively reverse negative cash flow history by working/ reducing aged account receivables by 43 days, by improving/establishing new credit policies, and reviewing new customer backgrounds.
Currently supervises / performs all Accounting/Payroll/AR/AP and Billing functions.
Direct company contact for banking representatives/insurance brokers/external accounting professionals.
Reduced various insurance costs by up to $150,000.00 per year by evaluating current policy options versus what is actually needed for the current position of the organization.
Oversees cash management and investing practices
Provides accounting services for rental property and personal aviation operations.
TENNESSEE VALLY AUTHORITY, Jackson, TN 08/12 – 01/14
Distributor Analyst II – Directly regulates fifteen (15) electric distributors.
Performed audit of Electrical Department transactions dealing with power invoice rates and credit processes to ensure proper compliance of contractual agreements between the Electrical Co-Op and TVA.
Performed Joint Cost Studies for the purpose of ensuring fairness of expense allocations between Electrical Department and other Utility Departments
Performed In-Depth accounting record review of Electrical Distributors for the purpose of ensuring FERC Accounting is being practiced correctly by Electrical Co-Op.
Assists Electrical Departments with reporting issues (including annual reporting with TVA software).
Partners with the Electrical Distributor to address issues which may directly/indirectly affect the Distributor.
Reason for Separation: Reduction in Force by TVA
NYK LOGISTICS, Cordova, TN 07/11 – 5/12
Senior Accountant - Participate with Accounting/Finance Team to fulfill daily, weekly, monthly, and year end accounting requirements.
Manages the Accounting functions of two LLC’s
Responsible for Payroll Posting to General Ledger
Responsible for Corporate SG&A expense reporting / analysis
Responsible for forty-seven account reconciliations / analysis
Responsible for Capital Asset Management
Responsible for Eight Key Reconciliations and monthly reporting of KPI’s
Assists with other responsibilities as requested.
Manages Four Ports of Call
Manages Four Cruise Lines
Reason for Leaving: Relocation of Accounting Offices
LEVITT & SONS, Cordova, TN 5/01 - 06/11
Regional Accounting Manager - Guided a successful 8-year effort to expand accounting infrastructure to support company growth for this multi-subdivision home builder that specializes in design and construction services for residential homes ranging from $250,000 to $750,000. Designed and administered a business plan that was instrumental in the financial turn-around of the company. Maintain high levels of records/reporting accuracy, staff productivity, and affected overall efficiency, security, and profitability.
Key decision making, strategy and control of financial component of company to include:
- budget preparation - cash flow surplus investing
- financial planning - MIS & network resources
- construction cost reporting - loan draw administration
- preparation of annual report - audit processes
- annual tax planning & reporting - due diligence for land acquisitions
Negotiated major construction and acquisition loan documents as well as purchase and sales agreements.
Researched, implemented, and obtained SOX Compliance within six months.
Reason for Separation: Company filed Bankruptcy
EDUCATION
Bachelor of Science – Accounting
Master of Science of Accountancy