W.

Cecil Adkins
1303 Fourth Ave.
Chambersburg, PA 17202
Home (717) 264-9023 Cell (717) 503-7461
wafd9cd0@westpost.net
SUMMARY
An experienced MBA ready to bring leadership and knowledge with a track record o
f increasing profit, instituting cost savings ideas, managing personnel, and usi
ng automation.
ACCOMPLISHMENTS
Reduced bad debts by 99.6% (from $242,000 to $1,000), increased our Dun and Brad
street PAYDEX rating by 15% in first year, sales increased by 200% while profits
increased by 500%, saved 54% and 35% on commercial insurance, recovered $120,00
0 in back taxes, cut 25% and 30% off benefits costs, shaved 40% and 20% off acco
unting fees, reduced Workers Comp Experience Rating from 1.53 to .79, implemente
d profit sharing, prepared Business Plan, established new process to increase en
rollment, computerized accounting records, corrected 279 pages of errors on new
accounting system, merged finances from all departments into a single computeriz
ed accounting system, and standardized procedures.
EXPERIENCE
1997 to Present Vice President of Finance
PAC Industries, Inc., Harrisburg, PA
Distributors of Commercial Equipment
* Prepare operating budgets, monthly, quarterly, and annual reports per GAAP.
* Manage accounting functions, i.e. payroll, accounts receivable and payable.
* Secured low interest state financing.
* Prepare and present initial Business, Retrenchment, Succession, and Marketing
Plans.
* Negotiate commercial and health insurance coverage.
* Administer health insurance including explaining PPO, POS, HMO, indemnity, co-
pay, HRA, HSA, balance billing, and deductibles.
* Establish and maintain banking relationships.
* Perform personnel functions including workers compensation for 52 employees, r
esolving insurance issues, and explaining benefits information in understandable
terms.
* Directly supervise administrative functions of 1 professional and 3 clerical e
mployees.
* Resolve computer software and hardware problems.
1993 to 1996 Vice President for Financial Affairs
Wilson College, Chambersburg, PA
Education
* Collaborated in preparing operating budgets and FASB reports.
* Negotiated commercial and health insurance coverage and tax-exempt financing.
* Processed personnel actions, Workers' Compensation, recognition programs, perf
ormance evaluations, employee management relations, staffing, and Personnel Reco
rd maintenance. Interviewed, hired, counseled all employees in Finance.
* Indirectly supervised 62 employees while administering Physical Plant, Securit
y, Mailroom, Accounting, Payroll, Accounts Payable and Receivable, Purchasing, C
onferences, Computer Services, and the Bookstore.
* Served as representative to the Board of Trustees.
* Established numerous banking relationships.
1988 to 1993 Comptroller
Univ. of Massachusetts Dartmouth, No. Dartmouth, MA
Education
* Assisted faculty and staff to read and understand financial reports.
* Prepared year-end reports under GASB rules.
* Wrote and distributed Procedures Manual for handling receipts, payments, and i
nformation.
* Assisted in resolving financial issues (40% budget cut).
* Supervised and provided oversight to Payroll and Accounts Payable / Receivable
(36 employees).
* Served on State Comptroller's task force.
1987 to 1988 Controller
Kentucky State University, Frankfort, KY
Education
* Supervised Accounts Payable/Receivable and Financial Aid.
* Resolved accounting discrepancies from previous administration.
* Prepared Indirect Cost Proposal.
1979 to 1987 Assistant to the Controller
Oberlin College, Oberlin, OH
Education
* Supervised Payroll and Accounts Payable; assisted in budgeting.
* Task leader for three software implementation teams.
* Received Supervisor of the Year award.
EDUCATION
* MBA, 3.80 GPA, Marketing concentration, Barrington University, Des Moines, IA;
1997.
* BSBA-Major: Accounting, Bowling Green State University, Bowling Green, OH.
COMPUTER SKILLS
Computer literate: Used financial packages in a PC environment, on a VAX, an IBM
, and an AS400 client server system. Experienced in Microsoft Office and Lotus.
COMMUNITY SERVICE
* Treasurer of Chambersburg Area Advanced Life Support Systems.
* Treasurer of Chambersburg Little League Auxiliary, Cub Scouts, and a two local
churches.
* Manager and Coach of Little League and soccer teams.
* Twice a member of Who's Who in Business Leaders.