DUANE A. CUTLIP
3700 Valley Pine Court
Wendell, North Carolina 27591
(919) 602-1989
duane@duanecutlip.com

OBJECTIVE
To secure a position as VP of Finance or controller with an innovative company bringing 15+ years of executive leadership experience and skills in corporate financial management at all levels.

WORK EXPERIENCE
Dates Employed
 
Job Title
Company
2006 - Present President
Pine Valley Capital, Inc.
Wendell, NC
  • Led organization in successful growth from a part-time endeavor of single unit investing to a full-time enterprise including multi-unit purchase and management as well as residential development.
  • Planned and implemented sales and marketing strategies on a lean budget that resulted in end sales as well as fostering new investors that allowed the enterprise to expand.
  • Developed and presented business plans to investors and venture capitalists that secured necessary funding for various projects that allowed the organization to continually expand and reinvest working through forged partnerships to build a combined enterprise of over $6 million in assets.

2003 - 2007 Vice-President of Finance and IT
Wil-Dor, Inc.
Wendell, NC
  • Organized and implemented the accounting transition of company-held convenience stores into six separate individual corporations with complete accuracy and no downtime while all stores continued uninterrupted daily operation. Simultaneously migrated accounting functions to include both wholesale and retail environments without a hitch.
  • Oversaw the creation and presentation of monthly and year-end financial reports and forecasts to the Executive Board with recommendations that influenced the corporate direction toward continued financial success.
  • Used analytical skills to uncover a vendor calibration error that was costing a few cents per transaction that would have otherwise gone undetected resulting in savings of thousands of dollars each month.
  • Negotiated with lenders to increase credit lines and reduce interest rates and associated costs expanding the company's ability to grow while saving almost 25% on the cost of money.
  • Implemented two major software upgrades as well as the technical transition from one company unit to seven saving thousands of dollars in support and supervised the department's progression from keeping one set of books to seven.
  • Developed in-house forms and procedures that streamlined the monthly accounting process saving time, eliminating redundancy, and allowing the department to take on a greater workload without expansion of staff.
  • Evaluated, installed, and managed and integrated software system for Inventory, A/P, A/R, and G/L that saved $150,000 per year in labor costs, improved accuracy, and reduced tax accounting costs.

1996 - 2004 Vice-President of Operations
Affcom, Inc.
Garner, NC
  • Oversaw all aspects of startup business that grew from a small computer shop to an onsite IT services enterprise.
  • Organized and implemented the financial strategies that moved the company through growth phases and beyond crushing competition in the industry by shifting the business plan toward a more lucrative direction that kept the enterprise growing.
  • Led retail sales and service outlet as well as corporate service arm while creating a training partnership with the local community college that served to benefit the area and improve corporate relations with the public.
  • Directed the automation of corporate financial records after evaluating software which saved the company thousands of dollars in bookkeeping expense while providing additional experience that allowed the company to understand and better serve clients in financial industries.


1997 International Account Executive
Ki Networks, Inc.
Raleigh, NC
  • Responsible for international sales of specialized network management software. Developed sales from prospecting as well as soliciting existing customer base for new product sales. Handled correspondence extensively through e-mail and telephone contact.
  • Maintained entire sales resources and database via Internet and local network interfaces.

1994 - 1996 Logistics Consultant
ADC Logistics Group
Garner, NC
  • Used financial acuity to audit corporate shipping records to recover revenue lost in overcharges and assisted clients in implementing measures to prevent overcharges in the future saving them thousands of dollars while generating maximum profit for the company.

1989 - 1994 Branch Manager
Transus, Inc.
Raleigh, NC
  • Took over an unprofitable branch and through shrewd management and fiscal discipline turned it profitable within 18 months producing over over $1.5 million in revenue turnaround for the company.
  • Supervised the day-to-day operations and sales efforts with a staff of twenty-one with minimal turnover while increasing productivity and profitability for the company.
  • Developed budgets and forecasts assuming full responsibility for financial reports while reporting directly to the Vice Presidents of Sales and Operations for total activity of the branch.

EDUCATION
BS - Business Administration, Bob Jones University, Greenville, SC