Bio of Nancy Lane, CMA, Owner

If it’s true that the “lucky ones” find their place in life at a young age, then I’m one of the lucky ones. One of my high school teachers noticed my skill with organization and numbers, so I moved forward to earning a Bachelor of Science degree in Accounting and later a Certified Managerial Accountant (CMA) certification.

My over 40 years of accounting experience includes a wide range of successful companies such as a CPA firm, commercial service companies, specialty contractors and several medium and large manufactures.

From my first job, I’ve always enjoyed learning new accounting techniques. Likewise, I’m constantly creating new accounting efficiencies as well as streamlining all accounting department tasks. My first accounting department only grew minimally over 7 years while the company grew by more than 10 times. My accounting computer skills with MAS90 were so good that the computer consultant took the unprecedented action to give me the “back door” codes to do my own troubleshooting. After my departure from that job, the accounting department staffing was immediately more than doubled in size to handle the workload.

Computer software interface was always a strength of mine from my earliest career. Due to fast company growth, several times I was needed to oversee extensive accounting department software upgrades. My upgrade projects were all implemented on time and under budget; an unusual feat in the 90’s and early 2000’s and sometimes today.

My hiring, training and management skills have increased significantly over the years. My seminars attended for staffing and other accounting skills are for too numerous to fully list on my two-page resume. In addition to my accounting skills, I’ve enjoyed deep involvement in other related areas such as banking functions (including lines of credit), insurance coverages, internal and external coordination of IT functions and international money transfers including Letters of Credit.

My personal hobbies include fitness, hiking, and cooking. My husband and I met in college in Southern California and have been married for over 38 years.

Please see the attached employment history for further detail involving my experience and accomplishments.

EDUCATION/ASSOCIATIONS

Certified Management Accountant (CMA) License # 19632

Member of the Institute of Management Accountants #933877

Member of the IMA Reno, Nevada Chapter; V.P. Administration Board Member, 2015 – 2018

Bachelor of Science Degree – Business Administration Accounting, Biola University, La Mirada, California

PROFESSIONAL EXPERIENCE:

Controller

Richard Joseph Construction, Inc. A $20 million privately held contractor in Reno, NV specializing in windows and sliding, equipment leasing, land development and other enterprises (20 companies total); Reported to owner (May 2019 to present)

Management of all Accounting Department functions, personnel and reporting

Accomplishments, Richard Joseph Construction, Inc.

Designed Custom Reports and Financial Package for owner

New banking relationship where a line of credit was established – first time in company history

Cleaned up accounting processes and put new procedures in place for staff responsibilities and internal controls

Assistant Controller

Bruce Aerospace, Inc. A $25 million manufacturer of aircraft interior lighting, safety and other modular components in Dayton, NV. Subsidiary of $4 billion, international conglomerate, Transdigm Group, Inc. (January 2018 to March 2019)

Management of all Accounting Department functions, personnel and reporting

Management of all Human Resources, functions and reporting for 85 employees including time keeping and payroll

Management of offsite I.T. department for equipment research, purchase, maintenance and troubleshooting

Accomplishments, Bruce Aerospace, Inc.

Configuration and re-implementation of Epicor ERP system

Configuration and setup of Human Resources procedures, templates, record keeping and filing system

Configuration and installation of Accounting filing and record keeping systems

Government SEC compliance and reporting to parent group company Schneller, Inc.

Government FAA compliance and reporting 

Hiring, training and supervising of 4 accountants and human resource staff personnel (Jan 2019)

Accounting Manager

Aervoe Industries, Inc. A $40 million privately held manufacturer of specialty aerosol paint products and importer of low voltage appliances in Gardnerville, NV (May 2009 to January 2018) (4 companies total) Reported to CEO - Owner

Management of all daily accounting operations

Supervisor of accounting staff; 6 persons (A/R, A/P and HR/Payroll) 

Month end reporting including financial statements and sales reports; reconciliation of all accounts

Only general ledger person for all companies; sole backup for all accounting personnel

Analysis of sales per each salesperson including rebates for customers

Analysis of inventory and gross margin analysis of all finished goods inventory

Maintenance of customer pricing schedules 

Sales and Use Tax returns, Commerce Tax returns, Property Tax returns 

Daily cash management; approval of all wires including foreign exchange wires

Inventory item maintenance and reconciliation; inventory transaction analysis 

Computer month end process; closing of all modules and reconciliation

Setup a report writer and developed several reports including new margin reports by each customer

Quarterly bank ratios and bank covenant reporting

Year end audit work papers and schedules; completed for outside CPA firm

Accomplishments, Aervoe Industries, Inc.

Acquired new outside payroll service with time clocks at half the cost

Developed and introduced new management reports

Updated aging computer accounting software with new ERP system using DEACOM

Supervised and coordinated State of Nevada Sales and Use Tax audit

Maintained building costs for new building project

Project in Process: Install a fixed asset program to track all fixed assets

Project in Process: Learning how to write SQL query reports

Assistant Controller/Credit Manager 

Fortifiber Corporation, Inc. A $90 million paper manufacturer/converter in Incline Village, Reno, NV (Sept 03 to May 2009) 

Assist Controller to produce month end reporting and financial package for 3 - 5 plant manufacturing locations, 1 – 2 sales office/corporate locations; includes journal entries and General Ledger detail review

100-page monthly financial package customized for 13 different groups of users posted to company intranet

Month end reporting has been on time during my employment

Year end audit work papers and schedules

Daily management reporting

Daily cash management including line of credit

Collection calls and customer credit establishment

Daily accounts receivable management

Sales and Use Tax returns (6 states) and Property Tax returns (3 states)

Weekly approval of submitted expense reports

Maintain accounting computer drive/server; maintenance of files and directories

Coordinate the annual budget; set up prior year and current year budget files with senior management

Fixed Asset Management; adds, deletions, depreciation schedules and gain/loss calculation on equipment sales

Accomplishments, Fortifiber Corporation, Inc

Designed and tested an internet-based expense report system. Trained management and sales force to   use the new system. Project was on time and under budget.

Revised all accounting department functions to achieve an 80% reduction of paper and improved   efficiency through computer file sharing.

Calculated machine overhead rates and reconciled with finished goods inventory by each plant.

Major company acquisition team member. Handled accounting systems integration and training of the new staff from the troubled, acquired company.

Accounting Manager 

Tripp Plastics, Inc. A $30 million plastics manufacturer in Sparks, NV (Oct 02 to Aug 03) 

Controller 

ALLCOM Building Services, Inc. A commercial building maintenance company in Anaheim, CA (Dec 01 to March 03) 

CFO/Controller 

Mark Beamish Waterproofing, Inc. A $6½ million contractor of commercial building caulking (July 97 to March 02) 

Consultant 

Digital Solutions Network, A computer consulting firm in Costa Mesa, CA (June 95 to July 97) 

Controller 

ProGen Technologies, Inc. A $100 million computer chip manufacturer/distributor in Costa Mesa, CA (Sept 94 to June 95) 

Accounting Manager 

Vortex Industries, Inc. A $20 million commercial door service company with 12 locations; (Sept 87 to Sept 94) 

Staff Accountant

Nancy Calhoun, Inc., Staff Accountant 01/1987 – 09/1987, Dinnerware Distributor

Cosina America, Staff Accountant 06/1986 – 01/1987, Camera Manufacturer

Lane and Associates, Staff Accountant 10/84 – 06/1986, Bookkeeping Firm

Brown Romberger, Inc., Staff Accountant 12/1983 – 10/1984, CPA Firm

ADDITIONAL EDUCATION

Attended many seminars and continuing education each year. Sample of seminars include the following:

DEACOM 40+ hours of training IMA Webinars 6 – 12 yearly

Reno REST IMA CPE February 2006 – 2017, 2020,2022, 2023 Excel CEO - Master

TECHNICAL SKILLS

Sage 100 Contractor, DEACOM ERP, QBO, Crystal, Excel, Word, Outlook, Power Point, Windows, and several Internet browsers. Currently work with Sage 100 Contractor.