Bruce E. Grimes

Senior Director of Accounting @Travel + Leisure Co.

Orlando, FL, US

Manage a team of 21 accountants; including 5 accounting managers, that complete over 800 journal entries and 700 balance sheet reconciliations monthly. Duties also include accounting for ~250 different rental contracts•Manage the output of over 100 sales site financial packages. Packages include analysis on revenue, cost of sales, sales overhead, marketing, commissions, and other general and administrative costs•Manage the recording and ensure compliance with US GAAP for Vacation Ownership Interest (VOI) revenue of ~$2 Billion•Led the analysis, memo’s and implementation of the new revenue recognition guidance Accounting Standards Codification (ASC) Topic 606 and the new lease guidance ASC Topic 842 for my area •Lead new initiatives by the Company from an accounting perspective. Accounting Analysis includes; reading product agreements, determining accounting impact, and writing US GAAP memo•Promote cross functional awareness through team meetings where other groups present on their team processes and procedures•Manage SOX controls for my area and ensure compliance •Manage internal and external audit requests for 10Q and 10K procedures for my area •Improved results of Great Places to Work Survey by 30% or 21 points; from a score of 71 to 92. Survey focuses on 5 key areas; Credibility, Respect, Fairness, Pride, and Camaraderie. A score of 92 was 5 points higher than the average of the best 100 companies to work for•Established a process improvement team to continually look at ways of doing tasks more efficiently •Maintain relationships and ensure alignment with each individuals personal and career goals within my department through bi-weekly status meetings with direct reports and bi-annual skip levels with seniors and staff accountants•Review resumes, interview applicants using a behavioral interview process and hire new employees

UCF College of Business

Bachelor of Science, Accounting

Countryside High School

Diploma

UCF College of Business

Masters of Business Administration, MBA