You are on page 1of 3

CLARK D.

KING, CPA
2184 Pink Coral Circle * Cottonwood Heights, UT 84121 * ck8234c8@westpost.net *
(801) 634-4636
ACCOUNTING & FINANCE
Corporate Accounting * Finance & Budgeting * Public Accounting
Accomplished, results-oriented CPA with extensive progressively responsible corp
orate and public accounting experience. Proven ability to meet goals and comple
te assignments in demanding environments. Intensive work experience in developi
ng financial strategy to drive and sustain growth and increase profitability in
operations. Effective management of others in difficult and challenging situati
ons.
CORE COMPETENCIES

* Comprehensive knowledge and management of all accounting cycles


* Skilled preparation of annual, quarterly and monthly financial statements
* Successful assessment, implementation, and maintenance of Sarbanes-Oxley (SOX)
requirements/controls (project and change management/re-engineered processes)
* Excellent budgeting, forecasting & financial analysis expertise (increase cash
flow)
* Proven leadership and team building skills (built cross functional teams)
* Exceptional communication and presentation abilities
* SEC audits and financial reporting
PROFESSIONAL EXPERIENCE
VICE PRESIDENT, FINANCE
MediConnect Global, South Jordan, Utah started May 2008
Provide executive leadership to Company, a multi-national finance organization,
oversees all finance and accounting for the Company including financial and bank
reporting, policies and procedures, forecasting, internal controls, financial p
erformance analysis, capital expenditure financing, and annual audit. Also part
of due diligence and acquisitions.
Key Achievements:
* Key member of executive team reporting to the CEO
* Reduced month-end close by 17 days
* Transitioned foreign accounting functions successfully
* Established $750M in multiple lease lines to improve cash flow and meet capita
l needs
* Assessed current cost structure and established new vendor relationships resul
ting in material savings to the Company (over $145k per year)
* Reduced DSO by 30 days
* Established internal controls and strong departmental organization with clear
authorization limits for multiple actions as well as cross trained department pe
rsonnel and documented procedures
* Cut the AR aging over 90 days from over 30% of total AR to 6%
* Maintain insurance and banking relationships and brought the Company into comp
liance with bank covenants, bank deadlines, and investor deadlines
* Identified and prevented $44k of fraudulent charges
* Detected bank interest error on line of credit agreement resulting in $10k ref
und and reduced ongoing monthly interest paid
* Enhanced preparation for external audit which cut fieldwork time and improved
audit results
* Delivers accurate twelve month cash forecast weekly
* Accelerated weekly and monthly invoicing cycles to improve cash flow
* Promoted from Senior Director of Global Accounting to Vice President of Financ
e

CONTROLLER January 2006 - April 2008


Meadow Gold Dairies, Salt Lake City, Utah
Brand name of Dean Foods, $11 billion international public company
Provided leadership in business operation, including financial reporting, month-
end closing, budgeting, forecasting, financial analysis, compliance with SOX 404
, determined monthly pricing for all products based on market conditions, and ma
naged the IT functions.
Key Achievements:
* Served as key member of 5 person senior management team
* Provided key financial analyses
* Implemented improved processes in Payroll, A/P, A/R, Billing, Banking, Pricing
and IT
* Reorganized and trained accounting department of over 20 employees
* Successfully passed numerous internal and external financial and SOX audits
* Improved A/R current percentage by 25%

DIRECTOR OF FINANCE - MOTOR CARGO


Motor Cargo Industries, North Salt Lake, Utah 1998 - 200
6
Became subsidiary of UPS, $36 billion international public company
Directed the work of the Finance Department for this public company including ca
sh management. Presented weekly financial analysis (verbal and written) to Exec
utives and other members of the management team. Worked extensively with and rep
orted directly to the CFO.
Key Achievements:
* Successfully implemented SOX internal control and policy & procedure requireme
nts in a timely manner which passed ongoing audits
* Created weekly profit and loss statements, forecasting and budgeting models, a
nd operating statistics used by executives and members of management team for co
rporate decisions
* Interpreted financial reports and concepts and their impact on operating activ
ities for Operations Management
* Participated on the Executive, Revenue & Account Development, Disclosure, Rev
enue Adjustments, Operational Audits, Reserves and Accounting System Committees

CONTROLLER - MC DISTRIBUTION SERVICES, INC.


Motor Cargo Industries' logistics and warehousing subsidiary company
Responsible for all accounting and financial reporting (10Ks, 10Qs, and audited
financial statements) for the company in addition to serving as Assistant Contro
ller for Motor Cargo. Took part in growing the company from startup to very prof
itable business.

ASSISTANT CONTROLLER
Motor Cargo Industries
Developed and prepared monthly cash flow statement, developed weekly profit and
loss forecast model, budget model and assisted in annual budget/forecast prepara
tion. Assisted in preparing 10K and 10Q SEC filings. Prepared annual pro forma
financial statements. Worked with external auditors during quarterly and annual
financial reviews.

ADJUNCT PROFESSOR 1998 - 2001


University of Utah David Eccles School of Business, Salt Lake City, Utah
Taught one to three courses each semester while working full-time at Motor Cargo
.

LEGISLATIVE AUDITOR AND BUDGET/POLICY ANALYST 1996 - 1998


Salt Lake City Council Office, Salt Lake City, Utah
Analyzed Mayor's proposed budgets and amendments, assessed proposed $850 million
bonding for Airport reconstruction, reviewed proposal for $10 million City fire
training center, examined 2002 Olympic financial and other issues and presented
findings and recommendations (verbal and written) to the SLC Council in public
meetings.

PUBLIC ACCOUNTING BUSINESS ASSURANCE 1994 - 1996


Coopers and Lybrand, LLP, Salt Lake City, Utah
PricewaterhouseCoopers currently, one of the "Big Four"
Involved in SEC audits and financial reporting. Presented findings and recommen
dations to client management. Audit supervision and in-charge experience.

EDUCATION AND PROFESSIONAL CERTIFICATION


Master of Professional Accountancy (MPrA) * University of Utah, Salt Lake City,
UT
Bachelor of Science, Accounting * University of Utah, Salt Lake City, UT
Certified Public Accountant (CPA) * Utah
Professional Associations
American Institute of Certified Public Accountants (1995 - Present)
Utah Association of Certified Public Accountants (1995- Present)

You might also like