Real Estate Accounts Payable

SCOTT WILLIAMSON ****************@*****.***

________________________________________

*** ******** **** ***** **********, Texas 75067 817-***-****

OPERATIONS EXECUTIVE

Operations executive with 20+ years’ experience. Expertise in multi-unit management, expense reduction, and market research and due diligence for mergers and acquisitions Proven ability to manage and grow operations of 200+ units with assets ranging from $75 million to in excess of $10 billion. Demonstrated success in restoring profitability to underperforming enterprises by redesigning operations to reduce cost. Produce significant cost savings through contract negotiations, designing and implementing automated processes to streamline financial operations, and employing state-of-the-art technology in all operational areas to create customer satisfaction.

Advertising Contract Negotiations Expense Control Financial Management Operations Management

P&L Responsibility Policy / Procedure Development Start-Up Operations Strategic Planning

Training / Development

________________________________________

CAREER ACHIEVEMENTS

Participated on management team that grew company during 8-year period to revenues of $145 million annually from $26 million previously.

Grew market capitalization to $85 million from $11 million previously by increasing stock value.

Grew store locations 16 times from 2 to 32.

Planned, initiated, and secured approval for sale of 2 subsidiaries.

Collected $1.4 million of net cash from buyer to successfully sustain daily business operations.

Reduced expenses $1.7 million during economic downturn by renegotiating real estate leases and corporate contracts and reducing staff.

Planned and managed startup of 6 new retail / wholesale locations from identifying ideal properties, negotiating real estate leases, staffing / training, marketing / advertising, purchasing of inventory, and coordinating grand opening events.

Increased company’s market value by presenting at Wall Street Road Shows and executing investor relations function, presenting company story to potential and existing shareholders.

Achieved compounded growth rate of 30% annually.

Reduced operating costs $175,000 annually by restructuring and reducing corporate administrative staff; rebidding existing contracts and negotiating volume price discounts; automating accounts payable via ACH payments; establishing automatic tax filings in all jurisdictions; and instituting cash sweeps of accounts throughout the 11 subsidiaries.

________________________________________

PROFESSIONAL OVERVIEW

Executive Vice President, Operations. Dallas Gold and Silver Exchange, Inc. 2004 – 2012.

• Planned and managed business operations for one of the nation’s largest companies that buys and sells jewelry, gold bullion, fine timepieces, and rare coins.

• Participated in management of 32 retail / wholesale locations in 8 states grossing $145 million annually.

• Directed 2 consumer lending companies with 5 locations in 2 states.

• Supervised staff of 75, including store managers, department managers, centralized distribution operations, human resources, and commercial insurance personnel.

• Planned and coordinated store financial operations to achieve corporate guidelines for profitability and cost control.

• Renegotiated leases, costs of finish-out of new retail spaces, service contracts, salary budgets, and staffing levels to continually reduce and control operating costs.

Achievements:

Participated on management team that grew company during 8-year period to revenues of $145 million annually from $26 million previously.

Grew market capitalization to $85 million from $11 million previously by increasing stock value.

Grew store locations 16 times from 2 to 32.

Planned, initiated, and secured approval for sale of 2 subsidiaries.

Collected $1.4 million of net cash from buyer to successfully sustain daily business operations.

Reduced expenses $1.7 million during economic downturn by renegotiating real estate leases and corporate contracts and reducing staff.

Planned and managed startup of 6 new retail / wholesale locations from identifying ideal properties, negotiating leases, staffing / training, marketing / advertising, purchasing inventory, and coordinating grand opening events.

Increased company’s market value by presenting at Wall Street Road Shows and executing investor relations function, presenting company story to potential and existing shareholders.

President. Texas State Credit Company. 2003 – 2004.

• Managed business and financial operations for lending / retail company producing $75 million annually.

• Managed 11 corporate subsidiaries, 57 lending / retail units in 4 states, and 500 employees.

• Utilized technology to reduce costs by upgrading financial and accounting processes, including:

1. increased speed and accuracy of reporting for all corporate entities by designing and implementing an automated data warehouse that accumulated and reported operational data.

2. reduced the time to issue financial statements to 5 days from 10 days previously.

3. automated and converted the audit function to provide exception reporting.

4. reduced cost of commercial insurance.

Achievements:

• Achieved compounded growth rate of 30% annually.

• Reduced operating costs $175,000 annually by restructuring and reducing corporate administrative staff; rebidding existing contracts and negotiating volume price discounts; automating accounts payable via ACH payments; establishing automatic tax filings in all jurisdictions; and instituting cash sweeps of accounts throughout the 11 subsidiaries.

Chief Financial Officer. Westgate Fabrics, LLC. 2002 – 2003.

• Recruited by company owner to restore profitability to wholesale distributor that designed and marketed upscale and standard drapery and upholstery fabrics for commercial and retail customers. Gross revenues averaged $45+ million annually.

• Managed daily financial operations and cash flow, financial reporting, taxes, credit department, lending relationships, call center, and information technology group.

• Negotiated and established new corporate credit line by initiating a competitive bidding process with 15+ financial institutions nationwide.

• Negotiated open credit terms with 15 mills / vendors.

• Converted accounts payable from pre-paying for materials before shipment to 60 – 90 day payment schedule after receipt of goods.

• Hired, trained, supervised, and evaluated performance for staff of 22 personnel in accounting, information technology, and call center.

Achievements:

Reviewed and analyzed business operations to develop and implement program to increase profitability.

Reduced expenses significantly by converting company-owned showrooms to agent showrooms in 6 major U.S. markets.

Reduced payroll 20% by reorganizing and consolidating administrative operations.

Reduced past due accounts receivable 70% by restructuring collections to ensure timely payment by customers.

Improved break even by reducing overall operating costs 25% in the first 4 months.

Executive Vice President, Operations. First Cash Financial Services, Inc. 1994 – 2001.

________________________________________

EDUCATION AND PROFESSIONAL DEVELOPMENT

Certified Public Accountant (CPA). Oklahoma State Board of Public Accountancy. Oklahoma City, Oklahoma.

B.B.A. in Accounting. University of Oklahoma. Norman, Oklahoma.

________________________________________

Contact this candidate