Elaine T. Bayley
Old Orchard Beach,USA
Summary
Dedicated, experienced leader with strong background in guiding teams, managing complex projects, and achieving strategic objectives. Excels in developing efficient processes, ensuring high standards, and aligning efforts with organizational goals. Known for collaborative approach and commitment to excellence.
Overview
15
15
years of professional experience
Work History
Finance Director
HMS Industrial Networks Inc.
11.2013 - Current
- Lead all areas of responsibility within a three(3) person finance team and five(5) person customer service team.
- Assisted with recruiting, interviewing, and hiring new department employees.
- Facilitated process improvements by automating manual tasks, increasing efficiency within the finance function.
- Streamlined financial processes by implementing efficient budgeting and forecasting systems.
- Successfully managed multiple audits, ensuring accurate financial information was presented to external parties without discrepancies or delays.
- Mentored junior finance team members, fostering a culture of continuous learning and professional development within the department.
- Managed company cash flow by monitoring daily transactions and optimizing working capital.
- Established strong relationships with banking partners to facilitate access to essential funding channels.
- Improved financial performance through thorough analysis of company expenditures and revenues.
- Reduced financial risk with comprehensive credit management strategies, strengthening the company''s financial position.
- Implemented internal controls for enhanced compliance with regulatory requirements and reduced errors in reporting.
- Enhanced stakeholder communication by producing clear, concise, and timely financial reports that supported informed decision making.
- Introduced software tools and process improvements to mitigate loss and drive operational growth.
- Coordinated with department heads to create realistic budgets that aligned with strategic goals, enhancing departmental accountability.
- Fostered culture of continuous improvement within finance department, encouraging professional development and innovation.
- Analyze, examine, and interpret account records, compile financial information, and reconcile reports and financial data.
- Perform process analysis and communicate recommendations to management.
- Adhere to departmental controls and regulations maintain ethical conduct at all times.
- Legal representation, including HMS Industrial Networks Inc., corporate Secretary and Director.
- Successfully completed two(2) US merges after headquarters acquired new companies with US subsidiaries.
- Direct contact with accounting firm(s)to provide necessary documents for accurate tax compliance and filings.
Controller
IXXAT Inc.
02.2010 - 11.2013
- Manged payroll for eight (8) person team, including bi-weekly payroll, bonus management and commission calculations.
- Negotiated benefit programs, including health insurances and 401K.
- Integral part of all hiring interviews, which included sales and engineering positions.
- Active member of strategic planning team.
- Completed and maintained all financial documents and reportings.
- Successfully negotiated building lease agreement.
- Supported merger and acquisition activities through due diligence efforts and post-acquisition integration.
Education
Master of Science - Finance
Southern New Hampshire University
05-2021
Bachelor of Arts - Social Work and Criminal Justice
University of New Hampshire
05.1988
Skills
- Long-time knowledge of HMS
- Strategic planning
- Excellent communication skills
- Employee Engagement champion
- Compliance driven
- Contract negotiations
- Mergers and acquisitions support
- Internal controls management
- Recruitment and hiring
Timeline
Finance Director
HMS Industrial Networks Inc.
11.2013 - Current
Controller
IXXAT Inc.
02.2010 - 11.2013
Master of Science - Finance
Southern New Hampshire University
Bachelor of Arts - Social Work and Criminal Justice
University of New Hampshire
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