Cary Cavitt II
Indian Land,SC
Summary
Financial leader with extensive experience in revenue recognition and strategic planning at NTT Global Data Centers. Demonstrated ability to enhance operational efficiency and compliance while training teams to exceed performance goals. Expertise in accounts receivable management and financial reporting provides valuable insights that drive organizational growth. Strong leadership and management skills effectively delegate tasks to teams, ensuring high performance and customer satisfaction.
Overview
21
21
years of professional experience
Work History
Supervisor, Revenue Accounting
NTT Global Data Centers Americas, Inc.
Sacramento, CA
09.2021 - Current
- Supervise daily accounts receivable operations, ensuring accurate cash applications and collections.
- Report financial data to management, enhancing understanding of client financial status and revenue projections.
- Ensure timely monthly and annual revenue recognition, aligning with company standards for accurate reporting.
- Implement new processes to handle significant departmental growth, improving efficiency and performance.
- Streamlined revenue accounting, enhancing reporting accuracy and compliance.
- Boosted department efficiency to manage increased growth demands effectively.
- Implemented strategic financial monitoring to improve client and revenue insights.
Financial Analyst
Sutter Institute for Medical Research/CPMC
Sacramento, CA
10.2018 - 09.2021
- Managed revenue and expense transactions for institute projects, ensuring accurate financial records.
- Reported financial data to management, enhancing understanding of project financial status.
- Collaborated with Sutter Health accounting team to ensure accurate financial transaction recording.
- Processed sponsor billings and tracked project activities, ensuring financial accountability.
- Managed financial reporting and analysis for research projects, enhancing fiscal accuracy.
- Streamlined billing processes, improving efficiency in sponsor invoicing and tracking.
Financial Analyst
Placer County Water Agency
Auburn, CA
07.2017 - 07.2018
- Prepared Annual Budget and year-end documents for Middle Fork Project Finance Authority; presented updates to Board.
- Collaborated with consultants to develop an energy risk management policy, ensuring minimal agency risk.
- Maintained capital improvement project accounting records, monitoring budget variations and compliance.
- Performed professional accounting tasks adhering to GASB and GAAP standards.
- Trained with CAISO on industry standards for energy trading and billing.
Regional Accounts Receivable Manager
United Natural Foods, Inc.
Rocklin, CA
03.2013 - 07.2017
- Oversaw the implementation process for the West Region of Lawson accounts receivable rollout, including process development, training, and full integration of daily tasks into a new computer package for the accounts receivable teams.
- Ensure compliance by enforcing adherence to GAAP for the accounts receivable integration with the general ledger and SOX guidelines and communicating with all levels, from senior management to sales, to impart an understanding of company credit policy and guidelines.
- Reduce risk and enhance customer service by reviewing new and existing customer financial data to determine terms, credit limits, and credit worthiness.
- Consistently exceed company revenue goals and standards by developing metrics to monitor the success of the collections team.
- Improve performance and exceed individual goals through the implementation and facilitation of ongoing training and development programs for accounts receivable team members.
Regional Accounts Receivable Manager
AmerisourceBergen Drug Corporation
Sacramento, CA
07.2005 - 03.2013
- Maintained aging balance and bad debt expenses below 1.0% of total A/R, ensuring financial stability.
- Executed regional back-office conversion from AS400 to SAP FRCM, enhancing accounting processes.
- Designed efficient accounts receivable and collections modules, improving accuracy and workflow.
- Assisted in SOX audit processes, ensuring compliance and correct ledger reconciliation.
- Trained collection team, reducing risk and improving customer satisfaction.
- Slashed A/R aging balance by maintaining bad debt below 1.0%, enhancing financial health.
- Led SAP integration, elevating process efficiency and staff proficiency.
Education
Master's Degree - Accounting
Indiana Wesleyan University-Marion
Marion, IN04-2015
Bachelor's Degree - Accounting
Indiana Wesleyan University-Marion
Marion, IN01.2013
Skills
- Accounts receivable and payable
- Financial operations and management
- Reporting and analysis
- Financial forecasting and budgeting
- Auditing and compliance
- Revenue recognition strategies
- Strategic planning and process improvements
- Cash application and account reconciliation
- Leadership and team training
- Customer credit assessment and debt collection
Timeline
Supervisor, Revenue Accounting
NTT Global Data Centers Americas, Inc.
09.2021 - Current
Financial Analyst
Sutter Institute for Medical Research/CPMC
10.2018 - 09.2021
Financial Analyst
Placer County Water Agency
07.2017 - 07.2018
Regional Accounts Receivable Manager
United Natural Foods, Inc.
03.2013 - 07.2017
Regional Accounts Receivable Manager
AmerisourceBergen Drug Corporation
07.2005 - 03.2013
Master's Degree - Accounting
Indiana Wesleyan University-Marion
Bachelor's Degree - Accounting
Indiana Wesleyan University-Marion