Scott Carney

Experience

• 

  UFP Industries

  Jul 2001 - Jul 2011

  Controller
• 

  AIM Environmental Group

  Aug 2011 - now

  VP of Finance

  In my most recent role, I oversee activities related to all financial reporting and analyzing strategic opportunities. I nurture strong relationships with banking and insurance partners, ensuring compliance with reporting requirements, and managing currency transactions. I administer responsibilities associated with contract review, negotiations, and approvals for new bids. I provide 360° oversight to facility managers through weekly cost-revenue analysis, setting targets, forecasts, and related incentives.• Designed and rolled out new accounting procedures, cutting the close cycle timeline in half.• Renegotiated agreements with suppliers and consultants, resulting in savings of +$250k annually.• Partnered with the CEO to develop and steer growth initiatives focused on long term ROI and cash flow.• Launched a cloud-based ERP system that automated accounts payable, bank reconciliations and fixed assets using AI.• Streamlined financial reporting systems and established an internal governance framework, including SOP's for budgeting, financial reporting and accounting.• Achieved an 8% increase in Net Income by implementing cost-saving measures and leveraging technology upgrades.• Implemented ADP payroll, initiated a new benefits program, and streamlined expense reporting through automation.• Introduced operational metrics and Key Performance Indicators (KPIs), utilizing cloud-based dashboards for effective real-time ground level communication and visibility into target achievements.• Improved accounts receivable performance to 96% and reduced day's sales outstanding to 47 days; minimized bad debt write-offs. Show less