Karl D Ramsey

• Reporting to the CEO, responsible for management of the accounting and billing groups, with three direct reports and eleven total
• Responsible for completion of all internal and external financial reporting as well as managing the audit of LPEA and its broadband subsidiary
• Successfully completed Form 7, Form 990, and Audited Financial Statements on schedule
• Revamped monthly reporting process and redesigned monthly financial reporting package to provide more detailed variance analysis, commentary, and ‘at a glance' financials
• Developed new ‘Budget Book' and reworked the entire budget process to give more details to the board, improve departmental accountability and provide significantly more transparency to members
• Completed 10 and 20-year forecasts to support new power supply initiatives and translated these long-term forecasts into CFC Compass model to secure $120m in loan financing
• Member of Finance and Audit Committee that meets monthly for deep dives into key financial topics as well as being the first review for monthly financials, budgets, long-term forecasts etc
• Present monthly financial reports to the full Board of Directors as well as annual report to the Membership at the Annual Meeting
• Managed COSA process working with GDS/EES
• Developed capital credit retirement strategy and worked with Finance and Audit Committee to develop new financial goals for the co-operative which now make up Policy 201
• Working with colleagues from engineering and operations, developed long-term capital work plan as well as 10-Year cash flow forecasts and financing strategies
• Completed courses in management skills through Nash consulting and scored highest of my peer group in the employee survey, reducing employee turnover whilst maintaining high standards

• Reporting to the Finance Manager, responsible for financial forecasting and modeling, operating and capital budgets, rate development, Cost of Service analysis, and monthly variance reports analyzing operating and capital costs against budget
• Worked with 3rd Party Analyst (EES) to produce Cost of Service Analysis and Rate Design proposal
• Produced detailed 10-year forecast for the Cooperative as part of RUS Loan application process
• Completed courses in Cost of Service, Rate Design, Work Order Management, CFC KRTAs (1,2 &3), and the NRECA/CFC Cooperative Financial Professional Certification
• Completed all four parts of the NWPPA Leadership Skills training program.

• Reporting to the Chief Financial Officer, responsible for financial reporting, management accounts, variance analysis and internal controls for a diversified business including a petroleum wholesale division, convenience store division, commercial and residential property rentals and an automobile dealership
• Managed accounts receivable Function, with total debtors of $27m, improved percentage of overdue accounts from 14% to 9%
• Responsible for all data mining and reporting on customer segments, lines of business, cost of service, returns on invested capital and payback analysis
• Designed and implemented an effective predictive forecasting model that allows management visibility to ongoing performance
• This is refreshed and updated daily
• Developed and implemented a long range forecasting model that includes capabilities for modeling alternative scenarios
• Production of all budgets and forecasts for each Business Unit, as well as analysis of performance against budget/forecast and prior year
• Production of capital budget for all Business Units, as well as cash flow modeling and use and cost of short term and long term debt.

• Reporting to the owner/president of the corporation, responsible for all finance functions, including accounting, treasury, taxation, payables, contracting, claims management and receivables
• Introduced entirely new reporting packs to show weekly/monthly income statements from each area of the business, as well as daily cash reporting
• Developed new cash management and investment strategies to maximize cashflow whilst remaining risk-averse
• Worked with HR team to implement and evaluate self-funded Health Insurance plan for all employees
• Improved cash collections by 15% in 15 months

• Responsible for full month-end close process for Penguin and Dorling Kindersley Books in the UK, Europe, Australia, Canada, and India using SAP ledgers and HFM reporting package
• Preparation of full global management reporting packs, including consolidated results, detailed sales analysis, working capital, and operating cash flow
• Management of seven accountants responsible for ledger updates, management reporting, indirect tax reporting and month-end close/consolidation processes
• Responsible for preparation of Statutory Accounts for twelve active legal entities within the UK and a number of dormant entities

During this period, I worked in contract roles for the following:

National Health Service SW Essex PCT (Basildon, England)

Coinstar Money Transfer Ltd (London, England)

Kelvin Hughes Group (London, England)

• Manage preparation of internal and external financial reports for seven European companies, including month-end reporting for entities involved in manufacturing, distribution, and sales
• Coordination of statutory audits for UK, Irish and Dutch companies and preparation of draft financials
• Preparation and analysis of results in UK and US GAAP
• Manage 40 staff members based in London, with 9 direct reports
• Produce monthly management reporting pack analyzing margins, variances, etc, and giving recommendations to senior management
• Management of full monthly forecasting process from discussions with Sales, Logistics, and Corporate Management to production of detailed financials split by entity and strategic business unit
• Preparation of detailed budgets for all entities with details by cost center using data collected and agreed with all areas of operational management
• Responsible for calculating the standard cost for manufactured product lines in excess of 3,000 distinct products, including material, labor, and overhead cost recovery
• Preparation of detailed monthly reporting for European Supply Chain, including monthly presentation to senior management of financials and key metrics
• Developed models within Hyperion retrieve to allow uniform reporting and variance analysis across all European entities.

During this time, I worked in contract roles for the following:

KPMG (Prince George, BC)

PricewaterhouseCoopers (Vancouver, BC)

Lake Babine Nation (Burns Lake, BC)

Meyers Norris Penny (Medicine Hat, AB)

Sunterra Quality Foods Market (Calgary, AB)

• I was a member of the firm's Industrial and Consumer Products team, and I was part of large audit teams using computer-based and traditional audit techniques
• Clients included EMI plc and Tetra Pak plc
• I joined the firm's Entrepreneurial Services group after qualification, specializing in providing assistance to overseas companies seeking to establish a branch or subsidiary in the UK
• Researched tax law and legal precedents to support clients involved in disputes with the UK Inland Revenue
• Developed a transfer pricing questionnaire to help international companies to assess their exposure to transfer pricing inquiries and potential penalties.