Candice Otey was appointed Chief Accounting Officer of Air T, Inc. and CFO of Air T’s wholly-owned Mountain Air Cargo, Inc. and CSA Air, Inc. air cargo subsidiaries on May 9, 2018.
She previously served as CFO of Air T since joining the diversified holding company in November 2014, bringing to the Company financial operations management experience from the likes of Time Warner Cable and at KPMG, where she worked with several Fortune 500 companies.
Over the past 11 years, Candice has developed expert qualifications in all facets of finance, accounting, auditing, and regulatory affairs. She has become a transformational leader who inspires trust, works with cross-disciplinary teams to drive corporate objectives, successfully implements cost reductions and process improvements, leads strategic and M&A initiatives across multiple business units, and provides research & analysis as well as due diligence on potential acquisition opportunities.
Candice possesses demonstrated financial leadership and growth discipline in her focused efforts to marshal Air T, Inc. resources, reduce effective tax rates, and drive capital allocation efficiency for the Company and its subsidiary operations – employing more than 680 people across all companies – through five core industry segments, including (1) overnight air cargo, (2) ground equipment sales, (3) ground support services, (4) printing equipment and maintenance, and (5) leasing.
Her wide-ranging scope has included: financial operations management, FP&A, M&A due diligence, financial forecasting and modeling, banking relationship management, financial statement analysis and approval for Company subsidiaries, investor presentations, audits, earnings releases, compliance, budgeting, accounting, and corporate insurance.
Prior to Air T, Inc., Candice was with Time Warner Cable, at the time the nation’s 2nd largest cable company, where as a Senior Tax Associate was responsible for Audit Defense and Controversy Support, Transaction Tax Compliance, State/Local Taxation Research, Sales & Use Tax Reserve Preparation, and Transaction Tax Reconciliation. Previously, she was a Senior Tax Associate for KPMG with responsibilities including Sales and Use Tax Reverse Audits, Compliance Returns, State and Local Tax Preparation, Scenario Modeling, and Tax Decision Matrices Preparation for several Fortune 500 companies.
Candice holds the following credentials: CPA (Licensed in North Carolina); member of AICPA; member of the Financial Executives International (FEI); and member of North Carolina Association of Certified Public Accountants (NCACPA). She holds an MBA from Radford University.