Darlene R. Cloutier M.B.A., B.B.A.

Current client - Casco Bay Food & Beverage

• Review and develop policies & procedures along with detailed instructions for all accounting and financial processes.
• Identified opportunities for improvement in accounting and financial procedures to optimize accuracy and efficiency, while also assessing internal control measures.
• Incorporated software applications and other efficiency tools to optimize operations such as electronic signatures, vendor ACH payments, and file-sharing technology.
• Design custom reports (Great Plains FRX) for both internal and external stakeholders.
• Advised management on optimizing workflow and staffing to enhance overall efficiency.
• Enhance the skills and capabilities of accounting/finance team members through a tailored approach that aligns their strengths and interests with specific tasks.
• Build budgeting and forecasting tools and implement an effective budgeting process using a collaborative approach.
• Collaborated with various departments to support corporate strategy and facilitate collaborative projects.

• Prepared, reviewed, and analyzed financial records and reports for the Credit Union in accordance with GAAP on a monthly, quarterly, and annual basis.
• Provided data analysis support and internal reporting to assist other departments in achieving companywide goals and strategic initiatives.
• Served as a valuable intermediary between the company and third party auditors, regulators, wholesale liquidity partners, and consultants to ensure effective collaborations.
• Prepared for and actively engaged in internal committee meetings, including those with the Supervisory, ALM, and Investment Committees
• Responsible for overseeing daily operations of Accounting Team, ensuring on-time and accurate completion of departmental duties such as accounts payable and payroll processing.
• Implemented cross-training program to enhance team support and collaboration.
• Enhanced the Credit Union's internal controls by consistently updating and recommending improvements to the accounting procedures manual.

• Managed all aspects of financial and human resource management
• Managed and enhanced accounting systems and controls, including purchasing, budgeting, grant management, reporting, audits, fiscal analysis and projections.
• Managed a team of 3 employees responsible for Accounting, HR, and IT functions.
• Engaged with Resource Committee, Board of Directors (BOD), CEO, and Executive Leadership Team
• Identified, acquired, and implemented systems and software to provide critical financial and operational information.
• Evaluated and recommended automation methods to optimize processes, enhancing work efficiency
• Executed and monitored compliance with regulatory aspects of government contracting
• Facilitated strategic planning committee focused on positive organizational development.

• Managed all financial processes including A/P, A/R, Billing, Fixed Assets, Cash Flow, Month-End Closing, Financial Statement preparation, review and analysis, year end audit, informational returns, compliance reporting, annual budget
• Oversaw the bi-monthly preparation of payroll and administered employee benefits, while facilitating the on-boarding process.
• Conducted comprehensive review of all financial policies and procedures, identifying areas for improvement in efficiency and reducing audit risk.

• Managed staff (2) and all financial processes (same as above)
• Analyzed business processes and developed new policies and procedures in conjunction with planning implementation of new financial software (Financial Edge)
• Directed Fixed Assets cleanup project and redesigned processes for Engineering department.
• Demonstrated successful leadership in preparing for and managing 2 annual audits (GDP), with one specifically guided by an Interim CFO.

• Managed staff (1) and all financial processes for 8 Medical offices
• Managed bi-monthly payroll preparation and benefit administration while also handling onboarding processes.
• Conducted comprehensive review of financial policies and procedures, optimizing efficiency while minimizing audit risk.

• Managed staff (1) and all financial processes (same as above) for 3 Branches
• Loan Participation Administration
• Provided assistance for Asset/Liability Management Report
• Prepared for Annual and State audits.

• Covered 2 vacant positions (Controller and Senior Accountant), while managing 1 staff (A/P/A/R/Payroll)
• Analyzed all financial processes, including payroll for efficiencies and making recommendations to both the Resource Committee and Board for improvements
• Designed financial reports within Abila MIP, redesigned Cash Flow Analysis, submitted grant budgets, finalized the annual budget and prepared for the annual audit.