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Richard Baikie

Business Accounting and Finance Consultant
Education & Qualifications
  • M.B.A., International Business, CSU-Northridge
  • Certified Management Accountant (CMA)

Areas of Practice
  • Income Statement and Balance Sheet Preparation, Reporting, and Analysis
  • Accounts Payable
  • Accounts Receivable and Credit Management
  • Cost Accounting
  • Business Process Engineering (BPE)
  • Strategic Planning
  • Budgeting and Forecasting
  • Internal Controls
  • Cost Management
  • Business Plan Development
  • Policy and Procedure Development and Documentation
  • Period Closing (Month, Quarter, Year)
  • Account Reconciliation and Analysis
  • CFO / Controller Services
  • Accounting Software Evaluation and Implementation
  • External Audit Liaison
  • Income Tax Accounting and Preparation
  • State and Local Tax Preparation
  • Financial Modeling and Dashboards

Industry Lines
  • Manufacturing
  • International Trading Company
  • SAAS (Software As A Service)
  • Retail
  • Professional Services

Computer Applications
  • Syteline ERP
  • Blackline
  • Sage Intacct
  • Xero
  • QuickBooks (Desktop and Online)
  • Power BI
  • Microsoft Excel (Intermediate: VLOOKUP, Pivot tables, VBA)
  • Microsoft Office (Access, PowerPoint)
Professional Experience

Thirty-plus years of successful corporate accounting experience at various size companies, in manufacturing, retail, service, and not-for-profit sectors. Expertise in the areas of accounts payable, accounts receivable / credit management, general accounting cost accounting, strategic planning, process analysis and improvement. Conscientious and detail-oriented. Proficient in system and software upgrade/implementation, financial reports and model development, budgeting/forecasting, and policy and procedure development and documentation. Certified Management Accountant (CMA). M.B.A. in International Business.

Principal Areas of Practice
  • Expertise in financial and management accounting, with strong overall business skills.
  • Accounting/finance liaison for accounting software system upgrades and implementations.
  • Ability to assume various levels of accounting/finance management (Supervisor, Manager, Assistant Controller, Controller. Chief Financial Officer (CFO)) on an interim basis.
  • Accounting/finance liaison with outside accounting firms for tax audits, financial statement preparation, and annual audits.
  • Evaluation, development, and documentation of procedures.

Clients Have Included:
  • Import Trading Company (Approx. $60 million in annual revenues)
  • Software As A Service (SAAS) Company (Approx. $30 million in annual revenues)
  • Transportation and Storage Company (Approx. $20 million in annual revenues)
  • Architectural Design / Construction Firm (Approx. $2 million in annual revenues)
  • Retail Grocery Company (Approx. $300 million in annual revenues)
  • Retail Grocery Company (Approx. $500 million in annual revenues)
  • Specialty Retail Grocery Company (Approx. $150 million in annual revenues)
  • Janitorial Company (Approx. $25 million in annual revenues)
  • Plastic Manufacturing Company (Approx. $12 million in annual revenues)
  • Janitorial and Security Services Company (Approx. $60 million in annual revenues)
  • Household Linens Manufacturing Company (Approx. $100 million in annual revenues)

Projects Have Included:
  • Processing of A/P, A/R, General Ledger, and Cash Management.
  • Transition from QuickBooks to Sage Intacct.
  • Preparation of revenue recognition schedule.
  • QuickBooks cleanup.
  • Preparation for CPA income tax (accrual method, with inventory and cash method).
  • Preparation for CPA annual review.
  • Preparation of cash forecast analysis.
  • Board Financial Reporting
  • Oversaw transition from outside accounting firm review to annual audit.
  • Implementing ERP system (system administrator) and Business Intelligence Software, resulting in increased visibility of financial results for management and reduced reporting process time.
  • Development of Budget process including multiple Excel templates, making budget compilation more efficient and allowing for various what-if scenarios.
  • Shortening of period close cycle from 4 weeks to 2 weeks, by improved scheduling and process improvements.
  • Development of weekly flash reports for sales and gross margins to allow for interim and mid-period reporting to management.
  • Development of written policies and procedures
  • Interim assignments as Controller, Accounting Manager, Finance Director, and Senior Accountant.