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Professional Profile of Rich -- CFO
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Title:
CFO

Location:
US-North Carolina-Raleigh/Durham-RTP

Work History:

Operations Manager, Salco Enterprises, formerly DK2, Inc., Mapleton, UT July 2004 – December 2008
 Responsible for the training of all company personnel, both in the field and in the office. Developed a pay structure based on ability and skill including promotions for employees acquiring skills needed to perform at the next level.
 Manage 6 four-man teams in multiple locations nationwide and internationally, including rollout programs and prototypes.
 Interface with clients, owners, suppliers and on-site personnel to resolve installation issues.
 Successfully place bids for work and oversee the completion of the work in a timely manner.
 Visit job sites completed by installation teams and review their work and make changes as necessary.
 Complete cold calls to various companies, including presentations at their offices. Responsible for the performance of one additional salesperson.
 Coordinate the intercompany transactions of four companies.
 Responsible for all phases of the accounting department from accounts receivable and payable through the tax returns.
 Hire and supervise office and field personnel.


Business Consultant, Mahoney International, Herriman, UT September 2002 – June 2004
 Handled the accounting for 8 different businesses: wholesale distribution, sign installation, property management, construction, restaurant, and manufacturing.
 Prepared corporate, partnership, investment and individual tax returns.
 Set up a corporate training program.
 Reviewed and investigated fraudulent accounting activities, corrected errors, and collected evidence for prosecution.
 Assembled and trained business teams.


Controller, A.E. Carter Distribution, Salt Lake City, UT December 1995 – August 2002
Vice President, Carter Bros., Salt Lake City, UT
Treasurer, A.E. Carter of California, Visalia, CA
(Parent Company: A. E. Carter & Sons, Inc.)
 Prepared monthly financial statements for a multiple location company and its subsidiaries.
 Projected sales, expenditures, capital outlay, and created a timeline for company expansion to multiple state operation.
RICHARD MAHONEY
(801) 446-3530
Page 2



 Facilitated the $500,000 buyout of shareholders in a tax-free manner. Introduced process to pass company to third generation, including buyback options.
 Coordinated and scheduled all bank relations, audits and meetings. Led planning committee renegotiating loan package, saving $7,000 annually.
 Streamlined credit department, shortened approval time to two days, and increased secured accounts to 750. First non-family credit manager in 90 years.
 Cross-trained staff of six in the sales & warehouse departments, saving $3,000 annually.
 Member of planning committee. Helped successfully implement and achieve one to ten year goals.
 Reviewed contracts and informed owners of implications. Reduced legal fees by $2,000 annually.
 Administered all employee benefits, including annual medical and dental insurance bids. Resulted in $20,000 savings for the company, and up to $1,200 per employee.
 Managed and converted company’s $1 million 401(k) plan. Shifted liability to third party.




Skills:
Thoroughly experienced accounting professional with a diversified background including general ledger, budgeting, financial statements and management reports. Extensive experience and education in team building and training company personnel. Utilized Microsoft Office, Quickbooks and other in house accounting software. Strengths in:


 Project Management  Expanding Operations  Knowledge of GAAP
 Multiple Location Operations  Consolidations & Buyouts  Cost Accounting
 State and Federal Income Tax Returns  Human Resources & Benefit Plans  Corporate Training


Education:
MS, Accounting with Taxation Specialization, California State University, Sacramento

BS, Business Administration, Accounting option, California State University, Hayward




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