CLARENCE HUTTON
Union,KY
Summary
Executive leader with extensive experience in driving operational performance and financial strategy within the mortgage and financial services sectors. Successfully managed full P&L accountability, led cross-functional teams, and executed strategic initiatives that resulted in enhanced profitability and organizational growth.
Overview
29
29
years of professional experience
Work History
President
Entrust Mortgage, LLC
Florence, KY
01.2016 - Current
- Executive leadership of a multi-state mortgage operation producing $68M+ in annual loan volume.
- Led strategic initiatives for mortgage product development and market expansion.
- Expanded lending production through strategic market development.
- Managed company P&L accountability, driving profitability performance.
- Led annual budget forecasting, financial planning, and variance analysis.
- Oversaw budget planning and resource allocation to support business objectives.
- Led and developed cross-functional team of 25+ professionals.
- Directed operational workflows to enhance efficiency and service delivery.
- Implemented operational and technology improvements to enhance service delivery.
- Implemented technology solutions to streamline loan processing procedures.
- Fostered relationships with lenders and financial institutions to optimize partnerships.
- Ensured compliance with federal and multi-state lending regulations.
- Managed compliance with regulatory standards in all mortgage transactions.
- Developed policies, procedures, and short-term and long-term goals for the organization.
Operations Manager / Partner
Citizen Star Home Center
Florence, KY
01.2003 - 01.2016
- Directed operational P&L activities to maintain profitability and performance. performance and profitability.
- Developed annual budget forecasts and financial plans.
- Coordinated workforce management and operational resources to align staffing with business needs.
- Enhanced operational efficiency and customer satisfaction through targeted process improvements.
- Oversaw daily operations to ensure efficient workflow and productivity.
- Implemented process improvements to enhance operational efficiency.
- Developed schedules to optimize workforce allocation and coverage.
- Supervised daily workflow of employees to maximize productivity and uphold quality standards.
Controller
Security Fence
Cincinnati, OH
01.1998 - 01.2003
- Led financial planning, budgeting, and cash flow forecasting.
- Oversaw budgeting and forecasting processes for company financial health.
- Oversaw financial reporting and accounting operations.
- Managed rolling inventory accounting systems exceeding $3.5M, ensuring accuracy and compliance.
- Directed audits to confirm accuracy of financial records and compliance with regulations.
- Implemented cost control measures across various departments.
- Developed internal controls to safeguard company assets and resources.
- Collaborated with management on strategic financial planning initiatives.
- Trained accounting staff on best practices and regulatory compliance standards.
- Analyzed financial statements to identify trends and improve efficiency.
- Served as primary contact for external auditors throughout the year-end audit process.
- Monitored accounts receivable and payable activity to ensure proper reconciliation of accounts.
- Oversaw month-end closing process, prepared financial statements and managed advanced reconciliations.
- Maintained general ledger and chart of accounts, performed complex accounting functions such as journal entry preparation, account analysis, balance sheet reconciliation and preparation of quarterly financial statements.
- Created financial reports for senior management and board of directors, ensuring alignment with generally accepted accounting principles.
Education
MBA -
University of Phoenix
BS - Business Administration
Northern Kentucky University
Skills
- P&L Management
- Budgeting
- Budget forecasting
- Financial oversight
- Regulatory Compliance
- Regulatory compliance
- Strategic Planning
- Strategic planning
- Operational Leadership
- Operational effectiveness
- Project oversight
- Business Development
- Market expansion
- Team Development
- Leadership development
- Problem solving
Leadership Highlights
- $168M+ Annual Loan Production
- Led 25+ Professionals
- 25+ Years Leadership
- Multi-State Operations
- P&L Ownership
- Operational Strategy
Timeline
President
Entrust Mortgage, LLC
01.2016 - Current
Operations Manager / Partner
Citizen Star Home Center
01.2003 - 01.2016
Controller
Security Fence
01.1998 - 01.2003
MBA -
University of Phoenix
BS - Business Administration
Northern Kentucky University