About Us: Our People: Managing Associates:

Richard L. Beasley Jr., Managing Associate

Rick Beasley joined ScottMadden in 2006 with more than 20 years experience in finance, accounting, and business operations. His expertise includes finance and accounting management, operations improvement, project management, shared services, and cost reduction. Mr. Beasley’s background includes broad experience in diverse industry sectors, including energy, pharmaceuticals, wireless telecommunications, broadcast cable, transportation/logistics, financial services, and Big 4 public accounting. Prior to joining ScottMadden, Mr. Beasley worked in senior financial-management roles at a number of leading companies, including director of business operations for ATT Wireless, corporate controller for The Weather Channel, and divisional controller for Corporate Express, Americold Logistics, and Cotton States Insurance. Early in his career, he also served as a senior auditor with KPMG. Mr. Beasley holds a B.B.A. in accounting from the University of Georgia and is a certified public accountant.

Recent Assignments

• Performed a comprehensive current state workflow review and implemented more than 40 process improvements for the divisional finance department of a major pharmaceutical company
• Completed a Sarbanes-Oxley internal control review versus COBIT leading practices and implemented remediation of 33 design gaps for the IT department of a major utility
• Created a shared services collections department for a transportation company that reduced Days Sales Outstanding by 20% in one month
• Performed an accounts payable and payroll business-model assessment and benchmarking project that resulted in more than 30 process improvements and cost-savings opportunities for a large electric utility
• Designed and implemented revenue-assurance procedures for a telecommunications company that saved $2.2 million annually
• Produced current state process maps and documentation that led to successful outsourcing of the internal employee moves management function for a Fortune 500 company
• Created a project plan to streamline and automate the monthly close process for a transportation organization that reduced inefficiencies by 75%
• Renegotiated and consolidated vendor contracts for a wireless telecommunications company that reduced customer billing costs by $5 million over three years
• Implemented an employee-retention strategy for a broadcast cable company that reduced voluntary employee turnover by 57%
• Negotiated and consolidated regional offices for a publicly traded logistics company that reduced rent expenses by 45%
• Served as focal point for a restructuring plan at an expedited trucking company that improved profits by more than $6 million annually
• Initiated a Sarbanes-Oxley action plan for a temperature-controlled logistics company that strengthened internal controls and corrected historical accounting errors totaling $5 million