Ted Weatherford
O’Fallon, MO *****
Email: *************@*****.***
Summary
Financial manager with over fifteen years experience leading the business functions for diverse operations with up to $100 million in revenues and 100 employees. Recognized for ability to identify continuous change actions to reduce cost, enhance quality, and increase margins. Supervised up to 10 direct reports with responsibilities in financial reporting, report writing, strategic planning, budgeting, forecasting, financial analysis, grants and contracts, information systems, accounts payable, payroll, inventory, fixed assets, estimating, purchasing, human resources, inventory, job costing, month end, account analysis and general ledger. Led several IS conversions bringing in new systems on or ahead of schedule and on or below budget. Enjoy driving new improvements.
Computer Skills
* Desktop softwares - Excel, Word, Access, Outlook, Powerpoint, Visio, Snag It.
* Accounting systems – Timberline, MAS90/200, Peoplesoft, AS400, and Great Plains.
* 10 key by touch
Professional Experience
The Jones Company Building Services, LLC. – St. Louis, MO
Finance/Business Manager (Business Unit Controller) November 2004 to March 2009
Managed business affairs encompassing month end closing, account analysis, inventory, budgeting and projections, job costing, estimating, pricing, union payroll, business development, risk management, and internal systems and processes for a $30 million subcontractor specializing in residential carpentry, flatwork, foundation and drywall services. Led, developed and supervised staff of up to three responsible for administrative processing in all areas.
* Led and coordinated the company’s first business plan and annual planning process which led to profit increase of 5%.
* Led and prepared Total Cost of Ownership saving costs by 5% and avoiding potential risks
* Led, researched, designed and implemented a fully integrated system (Timberline) from bid takeoff to job completion which saved field hours by 10% and annual overhead by more than $150,000.
* Developed estimating systems and business model for the start up of the Drywall Division saving The Jones Company over 10%.
* Developed cost estimating process for quoting new business that was adopted by the entire company.
From December 2007 through May 2008, served as Interim Controller for The Jones Company in addition to my current role which included leading and overseeing projections, month end close, quarterly reporting, analysis, process improvement, shared services transition, sales tax audit, staff development, and recruiting.
Dolphin Capital Corporation - Moberly, MO
Assistant Controller September 2003 to October 2004
Managed month-end closing and reporting encompassing account analysis, journal entries, and financial analysis for $100 million small ticket leasing subsidiary of Capital Crossing Bank, a public company. Led, developed and supervised staff of six responsible for accounts receivable, accounts payable, sales taxes, property taxes and cash.
* Developed closing process and procedures to reduce close month end time by three days.
* Participated in documenting Sarbanes-Oxley (SOX) controls for compliance with SEC.
* Identified system processing issues that were incorrectly calculating lease information which were subsequently fixed saving the company significant costs and accuracy.
University of Missouri System/MOREnet - Columbia, Missouri
Manager of Business and Fiscal Operations July 1995 to August 2003
Managed the financial operation of the organization providing Internet Access and related IT services to the public sector of the State of MO with an operating budget of $30 million. Prepared budgets, financial reports and managed month-end closing, account reconciliation, journal entry adjustments, accounting, accounts receivable, accounts payable, payroll, analysis, reporting and systems. Provided interpretation of OMB Circular A-21 and University business practices to management. Supervised, led, supported and developed a staff of up to 10 direct reports.
* Developed financial modeling systems to accommodate growth, flexibility and cost recovery.
* Identified business planning and performance measures as key strategies for organizational development and growth; participated in management team process to develop vision, mission, values, SWOT and goals.
* Participated on design and user need teams for system conversion at the University of MO; implemented new system which reduced number of systems used and resulting overhead by 10%, reduced month end close by two days, and improved financial reporting accuracy to 100%.
* Facilitated cross functional team for activity based costing project which resulted in process improvement, consolidation opportunities and savings for the University of MO.
* Led cross functional team to design and implement an integrated system to manage and control the purchasing, budgeting, billing, and payment of MOREnet’s infrastructure and connections to 1,000 members. This included transitioning telecommunication purchasing function from the MO Office of Administration to in-house for improved operations support and accounting processes which saved the State of MO at least $150,000 annually.
AMDOCS, Inc. - St, Louis, Missouri
Accounting and Tax Manager January 1992 – June 1995
Managed the accounting activities and the taxation function for a privately held company specializing in customizing billing systems for worldwide telecommunication companies with over $100 million in revenues. Performed month-end closing, account reconciliation, fixed assets accounting, and journal entry adjustments. Prepared financial statements and various management reports summarizing business activities in areas of revenues, expenses, and net income based on past and present operations. Supervised, led and supported a staff of four.
* Researched, designed and implemented an integrated accounting system to meet the company's goals and needs for improved flexibility, efficiency and accuracy.
* Transitioned the preparation of income tax returns from the public accounting firm to in-house resulting in $40,000 annual savings to the company.
Arch Mineral Corporation - St. Louis, Missouri
Internal Auditor September 1990 – January 1992
Developed audit plans, evaluated accounting and operational areas of the organization, performed fieldwork and prepared audit reports for coal mining company with revenues of $700 million. Prepared audit schedules and assisted external auditors with quarterly reviews, annual report, and restatement of financial statements for change in year-end.
* Assisted Division Controllers with month-end closing, account analysis, operating summaries and preparation of annual operating budgets saving divisions over $50,000 in overhead.
* Participated on a team to perform financial due diligence work to identify potential mergers and acquisitions (M&A).
Baird, Kurtz, and Dobson LLP - St. Louis, Missouri
In-charge / Staff Auditor January 1988 – September 1990
Developed audit plans, evaluated accounting operations, coordinated fieldwork, completed special projects, and prepared audit reports for clients engaged in government, distribution, metals, retail, not for profit, defense, healthcare and transportation industries for regional public accounting firm.
Education/Professional Affiliations
* Bachelor of Science in Accounting – University of Missouri – Columbia.
* Masters in Public Administration – University of Missouri – Columbia.
* Certified Public Accountant (MO certificate 13909; member of MSCPA).
* Construction Financial Management Association (member since 2005).
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