Sheri Nugent
903 E Kent St. Lubbock,TX
Summary
Seasoned CFO with proven track record in diverse industries. Possess strong expertise in financial strategy, risk management and capital optimization. Known for driving growth and profitability through insightful leadership and strategic business partnerships. Consistently successful in enhancing internal control environments, improving process efficiency, and maximizing productivity.
Overview
37
37
years of professional experience
Work History
CFO - Contract
United Sorghum Checkoff
Lubbock, TX
01.2022 - Current
- Prepared and reconciled monthly financial statements.
- Developed and implemented budgets to optimize resource allocation.
- Forecasted cash flows to enhance wealth management strategies.
- Maintained comprehensive records of accounts receivable and payable.
- Coordinated expenditures of allocated funds to ensure compliance.
- Assist audit firm with preparation and documentation as needed.
- Revised policies related to personnel, finance, administration, and benefits.
CFO - Contract
Texas Sorghum Producers
Lubbock, TX
01.2022 - 10.2024
- Executed monthly financial statement preparation, reconciliation, and reporting.
- Developed and implemented budgets to enhance fiscal responsibility.
- Forecasted cash flow and managed wealth through strategic analysis.
- Maintained comprehensive records of accounts receivables and payables.
- Coordinated expenditures of allocated funds to ensure efficient resource utilization.
- Assisted audit firm during audit preparation and compliance checks.
- Revised personnel, finance, administration, and benefits policies to align with best practices.
CFO - Contract
National Sorghum Producers
Lubbock, TX
01.2022 - 08.2024
- Executed preparation, reconciliation, and reporting of monthly financial statements for 17 entities.
- Coordinated budget preparation and implementation to meet organizational objectives.
- Forecasted cash flow and managed wealth to strengthen financial stability.
- Maintained accurate records of accounts receivable and payable.
- Conducted monthly account reconciliations to ensure financial integrity.
- Developed and revised finance, administration, personnel, and benefits policies.
- Oversaw fund allocation and expenditures to optimize resource utilization.
- Assisted audit firm with necessary audit preparations.
- Prepared payroll in accordance with established policies.
CFO - Contract
Sustainable Crop Insurance
Lubbock, TX
01.2022 - 08.2024
- Prepared and reconciled monthly financial statements for 17 entities.
- Managed budget preparation and implementation to ensure financial discipline.
- Conducted cash flow forecasting to support wealth management strategies.
- Maintained accurate records for accounts receivable and payable.
- Executed monthly account reconciliations to uphold financial integrity.
- Developed and revised policies for personnel, finance, administration, and benefits.
- Coordinated expenditures of allocated funds to optimize resource utilization.
- Assisted audit firm during preparation to facilitate thorough audits.
CFO / COO
Chamber of Commerce
Lubbock, TX
01.2004 - 01.2021
- Prepared and implemented budgets, ensuring alignment with organizational goals.
- Generated monthly financial statements, including cash flow forecasts.
- Maintained accurate records for accounts receivable and payable.
- Executed monthly account reconciliations to ensure financial accuracy.
- Developed and revised finance, personnel, administration, and benefits policies.
- Coordinated expenditures of allocated funds to optimize resource utilization.
- Assisted audit firm during preparation to facilitate smooth auditing processes.
- Supervised administrative staff to enhance internal operations.
Director / Administrator
Kids Town Learning Center
Lubbock, TX
01.2001 - 01.2004
- Established child care learning center, ensuring compliance with regulations.
- Prepared and implemented budgets to effectively manage finances.
- Generated monthly financial reports to analyze performance metrics.
- Coordinated expenditures of allocated funds for optimal resource allocation.
- Supervised all staff, fostering a productive work environment.
- Maintained thorough records of purchases and inventory for accountability.
- Managed payroll preparation to ensure timely compensation for employees.
- Completed all tax-related reporting accurately and on schedule.
Financial Analyst
Cox Communication, Inc
Lubbock, TX
01.2001 - 01.2001
- Executed monthly financial reporting for 14 sites to ensure accuracy and compliance.
- Provided analytical support for strategic decision-making and performance evaluation.
- Prepared and implemented budgets to align with organizational goals.
- Created and maintained databases to enhance data accessibility and integrity.
Auditor
Lubbock National Bank
Lubbock, TX
01.1999 - 01.2001
- Executed internal audit procedures to assess compliance and operational efficiency.
- Collected and analyzed data to generate recommendations for Audit Committee review.
- Monitored suspicious accounts to identify potential irregularities.
- Reviewed accounts associated with Regulation D to ensure adherence to guidelines.
- Conducted cash audits to verify accuracy of financial records.
Financial Analyst
Norwest Bank Texas, N.A.
Lubbock, TX
01.1994 - 01.1999
- Provided analytical support to cost center managers for informed decision-making.
- Analyzed statistical and financial data to enhance accuracy in reporting.
- Prepared and interpreted complex financial statements and reports for review.
- Executed budget preparation and implementation to align with organizational goals.
- Maintained Texas general ledger daily, ensuring accuracy and compliance.
- Facilitated month-end close of general ledger for timely financial reporting.
- Managed addition of new cost centers and banking units to general ledger.
- Reconciled credit quality accounts to maintain financial integrity.
Accounting Analyst
Texas Tech HSC – SON
Lubbock, TX
01.1989 - 01.1994
- Daily maintenance and responsibility of accounts
- Budget preparation and implementation
- Preparing fiscal monthly reports on the status of accounts
- Supervision
- Processing forms pertaining to faculty and staff personnel actions
- Maintaining all inter-department employee records
- Analyzing actual expenditures versus budgeted items
- Handle special projects
Education
Institute of Organizational Management -
U.S. Chamber - West Institute
Masters of Business Administration -
University of Phoenix
BBA - Finance
Texas Tech University
Skills
- Financial reporting and analysis
- Budgeting and forecasting
- Cash flow management
- Policy development and compliance
- Audit coordination
- Strategic planning
- Effective communication
- Problem solving
Timeline
CFO - Contract
United Sorghum Checkoff
01.2022 - Current
CFO - Contract
Texas Sorghum Producers
01.2022 - 10.2024
CFO - Contract
National Sorghum Producers
01.2022 - 08.2024
CFO - Contract
Sustainable Crop Insurance
01.2022 - 08.2024
CFO / COO
Chamber of Commerce
01.2004 - 01.2021
Director / Administrator
Kids Town Learning Center
01.2001 - 01.2004
Financial Analyst
Cox Communication, Inc
01.2001 - 01.2001
Auditor
Lubbock National Bank
01.1999 - 01.2001
Financial Analyst
Norwest Bank Texas, N.A.
01.1994 - 01.1999
Accounting Analyst
Texas Tech HSC – SON
01.1989 - 01.1994
Institute of Organizational Management -
U.S. Chamber - West Institute
Masters of Business Administration -
University of Phoenix
BBA - Finance
Texas Tech University
Leadership Activities
- US Chamber of Commerce IOM Board of Regents – 2010-2012
- United Way – Program Review – Team Leader - 2010
- United Way Stewardship – 2010
- Urban Renewal Agency and Neighborhood Redevelopment Commission 2010 (2-year term)
- United Way – Program Review – 2008-2009
- Kids Town Learning Center Review and Audit Committee 2001-2004
- South Plains Christian Fellowship – Children’s Education, Women’s Council, and Christian Education – 1998-2004
- Children’s Advocacy Center Board (Served as President – 2015-2017)
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