Scott Barnett

Scott Barnett

Staff Accountant

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location of Scott BarnettBakersfield, California, United States

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  • Timeline

  • About me

    President/Owner at Barnett Business Services, LLC

  • Education

    • California State University, Fresno

      1981 - 1983
      BS Accounting
    • Bakersfield College

      1979 - 1981
      Business Administration and Management, General
  • Experience

    • Barbich Hooper King Dill Hoffman Accountancy Corporation

      Jan 1984 - Jan 1986
      Staff Accountant

      • Provided tax and audit services to individuals and businesses in various industries.• Analyzed business operations and made recommendations for improvements.

    • Advance Beverage Co., Inc.

      Aug 1986 - Apr 2015

      • Responsibilities included management of accounting department, finance, human resources and administrative support functions. Formerly included information technology department.• Strategic and Financial Planning process leader for multiple operating companies in the beverage and transportation industries, with group revenue in excess of $100,000,000. Helped manage growth from approximately 80 employees to over 240 at peak.• Conducted operational analyses that have resulted in hundreds of thousands of dollars in annual savings.• Provided personal investment management and planning, tax management, as well as estate planning for owners. • Successfully managed acquisitions and divestitures, including contract negotiation, due diligence, financing, operational consolidations and post-acquisition organizational structure and management.• Responsible for real estate acquisition, construction and financing.• Responsible for numerous investments in real estate, oil and gas, equipment leasing and a variety of other businesses in both passive and active capacities.WORK HISTORY (continued)• Developed company-wide goal oriented personnel development process focusing on individual development and success.• Management of Profit Sharing and 401k plans.• Researched alternative insurance arrangements and invested in a Captive Insurance company that has generated seven-figure insurance cost savings and investment returns. • Involved in the evaluation and selection of various enterprise software systems, as well as smaller accounting applications. Involved in the design of custom software applications and numerous software conversion projects.• CFO and General Manager of related party trucking company. Developed and executed expansion plan, including direct sales that resulted in a more than tripling of sales revenues and even more significant profits growth in a several year period. Show less

      • CFO

        Jan 1989 - Apr 2015
      • Controller

        Aug 1986 - Jan 1989
    • Hathaway LLC

      Jan 2015 - Jan 2016
      CFO

      • Responsibilities include management of accounting department, internal and external financial reporting and relationship management with bankers for a local oil producer.• Assisted in the development of short- and long-term financial and growth strategies.• Selected investment advisory firm and coordinated efforts to develop business plans and investment offering package to raise capital for the funding of development and expansion efforts. • Presented investment offering to multiple national private equity providers.• Developed innovative off balance sheet leasing arrangements that led to increase in oil production and decrease in operating costs.• Helped manage owners’ unrelated farming, business and investment interests, including bank negotiations and the restructure of related oilfield service business. Show less

    • Barnett Business Services, LLC

      Jan 2016 - now
      President/Owner
  • Licenses & Certifications

    • Certified Public Accountant, Inactive

      California Board of Accountancy