Interim Director of Accounting

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Summary

This Interim Director of Accounting is a CPA with over 33 years of combined accounting, tax and audit experience, including successful completion of 154 month-end accounting closes and related quarter-end & year-end close procedures. They conduct comprehensive assessments to solve accounting problems and determine opportunities using root-cause analysis, identifying control and / or process weaknesses and recommending improvements to management, board of directors and/or owners. This Interim Director of Accounting employ and emphasize a continuous process improvement approach with a commitment to data integrity, with ability to accurately provide relevant solutions and information for decision making. They predict expected results from analysis of data to compare with and further challenge actual results, identifying any findings or peculiarities for further consideration and possible process improvement.

Highlights

• FASB, GAAP & Financial Disclosures
• Month-End, Quarter & Year-End Accounting Close
• 941 payroll tax, ERC, FUTA/SUTA, use & tangible taxes
• Financial statement audits and reviews
• SEC Reporting, PCAOB & IRC-IRS compliance
• Internal audit controls & SOX compliance
• General ledger maintenance
• Great Plains, Exact MAX & ADP payroll
• QuickBooks & UltraTax
• Month-end Reconciliations
• Financial Reporting & Analysis
• ASC 740 Tax Provision, Federal taxes & SALT
• Continuous Process Improvement
• Train & Supervise staff accountants
• Accounting Policies & Procedures
• Data integrity & accuracy focus
• QAD ERP & Eversana CMS w/PowerBI
• ONESOURCE Tax Provision

Relevant Accomplishments

•  financial statements of multiple hotel properties under review or audit by outside CPA firm.
• Prepared and / or reviewed quarterly investor reports for President’s final review and distribution.
• Reviewed and provided comments, suggestions and / or corrections on multiple month-end closes.
• Responsible for lease accounting under ASC 842, and fixed asset depreciation.
• Drafted & issued accounting policy and procedures to multiple hotel properties
• Built relationships with clients, business executives and others to help solve their accounting, internal audit, external audit, and tax issues.
• Focused on strategic initiatives, problem-solving activities with clients and delivered exceptional value to clients, whether in a project- based or interim role.
• Adapted to various industries (pharmaceutical-biotech research, development, distribution & services; defense-aerospace simulation training, technology, manufacturing & distribution) within a span of only two years.
• Transitioned & successfully carried out former Director of Accounting duties & responsibilities including due diligence procedures for pending sale of major division and transfer of accounting processes & procedures.
• Adapted quickly to accounting-ERP system to successfully review & sign-off on8 month-end closes including journal entries, account reconciliations, trial balances & P&L analysis prepared by staff & accounting manager.
• Completed Financial & IT SOX walk-throughs, documenting key selections (with system-process screen-shots) for all major control cycles within QAD ERP and Eversana’s upgraded Channel Management System.
• Applied ASC 740 Accounting for Income Taxes in assessing & preparing the tax provision and required financial statement disclosures for CLA audit client; updated deferred tax account reconciliations and schedules.
• Reviewed client’s overall eligibility for the Employee Retention payroll tax Credit (ERC), prepared draft proposal addressing main qualifications for taking the credit and presented to Tax Manager and Chief Accounting Officer.
• Brought client’s State & Local tax filings up to date; reduced taxes with available credits; responded to backlog of tax notices with threatened liens & penalties successfully clearing them; improved prep process & procedures.
• Subsidiary of Trans Digm Group Inc. (TDG), provides engineering design, manufacture of aircraft instrumentation &sensor systems for commercial and military users located worldwide. 150 employees with over $50M in revenues.
• Managed month-end accounting close under SEC reporting guidelines; supervised 3 staff level employees in successfully completing112 month-end closes; reviewed weekly ADP payroll register & GL payroll journal entry.
• Revised-streamlined the entire month-end accounting close process; used comprehensive checklists for journal entries (JEs) & account reconciliations (Recs) to facilitate close process ensuring all possible tasks were completed/ considered; designed month-end close to be complete, accurate & facilitate TDG financial reporting & analysis.
• Applied ASC 740 to pre-acquisition Aerosonic; prepared or reviewed various tax filings: sales-use, tangible property, payroll taxes, W-2 & 1099-MISC/NEC filings; provided information for Consolidated income tax return preparation.
• Maintained internal controls & processes, identified areas needing improvements; coordinated and provided requested information for SOX compliance & internal control reviews conducted by external auditors.
• Maintained: fixed assets (PP&E) ledger, detail depreciation calculations for book & tax purposes, construction in progress (CIP) accounting & detail CIP spend to capital plan control-analysis; prepared other complex Recs & JEs.
• Calculated and reviewed financial statement metrics & KPIs; generated and conducted trend & variance reports and analyses; generated departmental actual to budget reports including actual labor & overtime reporting.
• Coordinated & provided various yearly or quarterly corporate parent (TDG) requests -including, yearly insurance risk analysis, R&D tax credit, capital spend versus plan & related surveys, PP&E additions & dispositions detail, etc
• Subsidiary of Centene Corp, provides managed care services for government-sponsored health care programs, focusing on Medicaid and Medicare. $20 billion in revenue, over 700 employees.
• Supervised & assisted tax department personnel in SEC reporting procedures and key tax supporting documents.
• Prepared income tax provision & provision work papers, applied (FASB) ASC 740 Accounting for Income Taxes; including review with accounting for any new accounts, entities, events & transactions that would be tax sensitive.
• Transitioned Excel based provision calculation to automated tax provision software (ONESOURCE).
• Managed SOX 404 compliance for tax controls; completed all required control procedures and documentation.
• Managed multiple Tax filing Calendars; ensured all filing deadlines were met including estimated tax payments.
• Reviewed & managed the preparation of over 150 annual premium tax returns and about 600 quarterly premium tax estimates; prepared and / or reviewed over 40 state county annual property tax returns.
• Provided all information including Apportionment needed by the outside tax preparer for the preparation of the company’s Consolidated federal income tax return and approximately 40 State income tax returns.
• Replied timely & accurately to IRS and state DOR audit IDRs, including IDRs for the IRS Compliance AssuranceProgram (CAP) & CAS; responded to IRS, state DOR, and state DOI tax Notices & Assessments
• Planned, supervised, executed and completed audit and review engagements for publicly traded or privately held companies in various industries; SEC–PCAOB audit experience, SOX compliance, and extensive application of US GAAP; evaluated internal control, risks, and ensured compliance with required audit program procedures.
• Supervised & scheduled staff auditors’ work; performed detailed reviews of audit and review engagements, including full-disclosure draft financial statements; served as a liaison between partners, staff, and clients.
• Managed progress of engagements in relation to time budgets and due dates, communicated directly to Partners of firm or to Senior Audit Managers proactively on any pertinent issues
• Reviewed tax returns and working trial balances associated with audited, reviewed, or compiled financial statements, and other appropriate supporting documentation for the firms’ tax compliance clients.
• Supervised & trained staff; reviewed staffs’ work communicating concise review notes for clearing all open items.
• Conducted audits (using a risked-based (RBA) approach), reviews, full-disclosure compilations, agreed-upon procedures, litigation support and tax preparation engagements for a diverse client base.
• Audited, reviewed, or compiled financial statements with required disclosures for privately held companies; planned, gathered information & completed all required procedures per PPC engagement programs & checklists.
• Prepared income tax returns (C-Corps, S-Corps, LLCs, partnerships & individuals), 941 payroll tax, sales-use tax, otherState & local returns, county tangible tax returns, and tax projections for Estimated & Extension tax filing payments
• Company was founded in 1886 and remains a global management consulting business specializing in strategy and operations management, serving major corporations and organizations worldwide.Recently ADL re-established itself in the US market; recognized as one of America’s best management consulting firms by Forbes.Summary of major duties (only):
• Trained, instructed, and advised new staff auditors concerning company’s accounting policies and procedures.
• Planned & conducted compliance, financial & operational audits of the corporate financial & operating control systems for all domestic & international locations.
• Prepared internal audit reports with recommendations for improvement to management based on audit findings and evaluation of the exposures to the company; assisted the company’s outside auditors with interim and yearend testing reducing external audit fees; provided litigation support services reducing legal costs
• Performed and managed month-end accounting close process of the general ledger; supervised accounting clerks on various aspects of the close process; successfully completed34 month-end accounting closes.
• Prepared departmental revenue & expense reports, financial statements, and supporting schedules; also prepared Consolidated financial statements for the hospital’s parent company.
• Maintained general ledger chart of accounts & report mappings, reconciled bank accounts, analyzed balance sheet and revenue & expense accounts, prepared general, standard and adjusting journal entries
• Prepared work papers documenting audit procedures & results of auditing balance sheet accounts; developed work paper techniques, referencing & tick-marking; prepared individual, partnership and corporate tax returns

Roles

• Staff Accountant
• Internal Auditor
• Senior Accountant/ Audit Review Manager
• Auditor Senior – Supervisor
• Senior Tax Analyst
• Accounting Manager
• Accounting Consultant – Engagement Director
• Director of Accounting

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