Controller/Accounting Manager

CYDNEY C. BEATTY

Lawrenceville, GA ***** ~ Home Phone 770-***-****~ ************@*****.***

SUMMARY

Experienced Controller with proven track record of saving Company time, money and expense while improving the bottom line; expert in budgeting, forecasting, resource management and strategic planning; extensive knowledge of ERP systems and other reporting, financial analysis and waste-reducing software; excellent decision making, analytical and communication skills.

PROFESSIONAL EXPERIENCE

2011 Contract Controller Tiber Laboratories, LLC.

• Provided recommendations and reports for a manufacturer and distributor of pharmaceutical drugs at Tiber Laboratories, LLC.

• Reported four months of balance sheet and profit loss statements for five organizations in one month.

• Reconciled four months of cash, inventory, and receivables for five organizations in one month. Reported all major discrepancies to management.

• Created a budget and cash flow forecast for the fiscal year 2011 in one month.

• Managed the Accounting, AR, AP, Payroll and 401K administration.

• Contract terminated unexpectatively by company due to cash flow problems and major losses.

2010-2011 Contract Controller Wesley International, LLC.

• Made executive decisions for a manufacturer and distributor of heavy material handling equipment at Wesley International, LLC.

• Effectively managed cash, inventory, fixed assets, and receivables.

• Created new work centers, fixed and variable cost using MAS 200. Implemented the work in process module for manufacturing.

• Restored the credibility of the balance sheet and profit and loss statements.

• Filed all year end reports and taxes for 2010 and 2011.

• Saved the company money on workers comp by negotiating a new contract.

• Managed the day to day Accounting, AR, AP, and Payroll functions as well as banking relationships.

• Completed the assignment as hired.

2006-2010 Controller, Treasurer & Acting CFO GF Health Products, Inc.

• Made executive decisions for a manufacturer and distributor of medical supplies and equipment.

• Effectively managed cash, inventory, fixed assets, and receivables.

• Created a new budgetary process by redesigning the overall reporting structure using Business Intelligence for sales and margins and other cost. What took weeks to do was done in hours.

• Drove improvements in inventory to lower levels at distribution centers, reduced obsolete inventory and purchase price variances.

• Determined why the manufacturing plant in Wisconsin was not fully absorbing cost. Once the cause was identified, management was presented the solutions and the solutions were implemented the plant’s absorption improved every month.

• Reduced out bound freight and increased various product profit margins by reducing freight costs as well as vendor pricing with China, Japan, India, and domestic vendors.

• Managed the day to day operations of the Finance, Accounts Payable, and Payroll Departments.

• Successfully handled all investor relations and bondholders during the debt restructure of the long term bonds and senior notes into stock.

• Directed the annual audit to include working with the external auditors and the tax team to publish the annual audited statements and to file the corporate and state income tax returns.

CYDNEY C. BEATTY

Lawrenceville, GA 30045 ~ Home Phone 770-***-****~ ************@*****.***

2005-2006 Assistant Controller Elekta

• Managed the day to day operations of the Finance, Accounts Payable, Accounts Receivable, and Payroll Departments for a Swedish publicly traded company that produces oncology software and medical devices with installation, parts, and services

• Successfully reported to Sweden all financial information for the North American division to include Canada on a monthly, semi-annual, and annual basis.

• Created new sales and margin analysis, along with profitability statements that represented the North American Division to Sweden.

• Handled all transfer pricing, currency conversions, and intercompany transfers from Sweden, China, Germany and England.

• Directed the semi-annual and annual audits as well as the tax returns.

• Worked with the external auditors to incorporate the North American division’s audited financial statements into Sweden’s statements that were published on the Swedish Stock Exchange.

1999-2005 Lead Senior Accountant/Analyst National Vision, Inc.

• Reported the financial position of over 480 vision centers in the USA, Puerto Rico and Mexico for a publicly traded retail vision and eye care company that was listed on the New York Stock exchange.

• Handled all the financial statements and budgets for the Mexico division to include currency conversion and transfer pricing.

• Directed the monthly close and worked with other accountants to produce various reports for the consolidated package presented monthly to the CFO and Board of Directors.

• Worked directly with the external auditors to publish the quarterly and annual reports to the SEC.

• Instrumental in developing an AR Managed Care program that helped collect insurance payments from insurance companies as well as assist in the monthly revenue recognition for eye exams.

• Produced the annual budget and forecast presented to the Board of Directors and our Stockholders.

OTHER PROFESSIONAL EXPERIENCE

1997-1999 Controller Fashion Care, Inc.

1996-1997 Contract Accountant Accounting Temp

1995-1996 Accounting Manager Adcom, Inc.

1993-1995 Accounting Manager Fashion Care, Inc.

1990-1993 Accountant Westminster Schools

EDUCATION

Bachelor of Science Accounting

June 1990

City University, Bellevue, WA

GPA: 3.86

ADDITIONAL SKILLS AND TRAINING

Proficient in Microsoft Office -2010 and 2007 Excel and Word, Access, Business Intelligence (BI), SharePoint, Syspro, MAS 200, AS 400, JD Edwards, Peachtree Accounting, Queries, and other various ERP & accounting software packages.

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