Terry Crump

Terry crump

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location of Terry CrumpProsper, Texas, United States
Followers of Terry Crump351 followers
  • Timeline

  • About me

    Chief Accounting Officer/Chief Operating Officer

  • Education

    • University of north texas

      -
      Bba-accounting accounting

      Activities and Societies: Beta Gamma Sigma - National Business Honor Society Beta Alpha Psi - National Accounting Society Dean's List Worked weekends through school years. Scholarships were provided for 3 of 4 years.

  • Experience

    • Radioshack

      Feb 1988 - Jan 1996
      Vice president & divisional controller

      Reporting to the Senior Vice President of Retail Services, directed the accounting for manufacturing, product repair & service, and parts operations with annual sales in excess of $350+ million.• Developed business models including operating forecasts and budgets.• Focused management on bottom line results through cost containment and asset turnover.• Consolidated operations to reduce costs in Japan, Taiwan and China operations. • Prepared due diligence information for buyer review and discussion.• Negotiated buyout of leases for the divested entities.• Collected accounts receivable and liquidated remaining inventories for all operations.• Prepared annual budgets and approved capital expenditures.• Performed monthly profit & loss reviews, accounted for company inventories and supervised the collection of accounts receivable. Show less

    • O'sullivan industries

      Jan 1996 - Dec 1999
      Evp & cfo

      Initiate programs to turnaround this furniture manufacturer and reestablish credibility with the board of directors and financial community. Responsibilities included SEC reporting, treasury, investor relations, banking, and information systems for a company with sales of $380+ million.• Reduced inventory by $10 million, improving turnover to six times per year.• Reduced debt by $20 million, resolved initial covenant issues and restructured revolver.• Drove sales to double-digit increases with EPS improving by over 400%.• Initiated the company’s first long-term strategic plan and annual “bottoms-up” budget.• Managed the successful installation of a JD Edwards ERP package to improve performance. Show less

    • Marketing specialists corporation

      Aug 2000 - Dec 2001
      Evp & cfo

      Responsible for SEC reporting, accounting, treasury, investor relations and tax compliance for a highly leveraged rollup of 30 companies with annual revenues of $380+ million.• Focused management on cash-in, cash-out liquidity issues.• Established cost containment programs and expedited collection of receivables.• Worked closely with vendors to reduce possible bankruptcy issues.

    • Tuesday morning

      Aug 2002 - Sept 2006
      Vice president, finance

      Responsible for SEC reporting, accounting, treasury, budgeting, insurance and tax compliance for a retail company with 750+ stores in 47 states and annual sales approaching $1 billion.• Favorably resolved a significant tax issue centering on 1099 reporting.• Negotiated a new $210 million credit facility providing reduced fees, margins and covenants.• Completed all Sarbanes-Oxley requirements with no deficiencies noted.• Provided effective, accurate forecasting of revenues and earnings.• Met all filing deadlines for 10K’s, 10Q’s, 8K’s and Forms 3 - 5.• Upgraded the quality of personnel filling the role of Controller & Director of Tax.• Heavy involvement with merchandising group & inventory control. Show less

    • Agile mind educational holdings

      Mar 2007 - Jan 2008
      Acting cfo

      Provided mentoring to controller, reviewed corporate insurance needs, developed banking group, resolved covenant issue, improved cash flows through collection of accounts receivable, and updated six-month financial forecast.

    • Denbury resources

      Mar 2010 - Sept 2010
      Contract consultant

      Mirroring financial manager while the person is focused on integration efforts of $5 billion dollar merger and subsequent divestiture of certain properties in the near term.

    • Buxton

      Sept 2013 - Jul 2015
      Chief operating officer/chief accounting officer

      Responsible for operational management and general accounting duties including day-to-day management of sales, IT, marketing, ops, financials and other operational management.

  • Licenses & Certifications

    • Certified management accountant

      Institute of management accountants
    • Certified public accountant

      State of texas
  • Volunteer Experience

    • North Campus Volunteer Coordinator

      Issued by Prestonwood Baptist Church on Oct 2010
      Prestonwood Baptist ChurchAssociated with Terry Crump