Exactech, Inc. – Chief Accounting Officer
November 2021 – Present
Recruit, manage, and oversee all accounting and finance departments, work cross-functionally with executive and senior leadership teams in a highly competitive landscape with complex modeling and processes
Maintain long term headcount, financial systems, budget, and strategic finance vision for the department Implement a full slate of accounting policies and procedures
Create accounting strategies to maximize profits, including partnering with international offices for increasing sales, managing financial and management EBITDA numbers, as well as managing the cash flow forecasting
Organize and update financial records; monitor and review all financial compliance to ensure that the financial statements are free of errors
Lead presentations and discussions for lender public and private supplement earnings’ calls, including creation of management discussion and analysis.
Analyze accounts and suggest improvements to reduce costs and increase working capital including AR, AP, and Inventory strategy
Make sure all financial data adheres to current tax laws and financial reporting regulations
Stay abreast of industry changes, financial landscape, industry landscape, and current tax/accounting laws Prepare, manage, and present monthly reporting for the Board of Directors and Private Equity stakeholders
Maintain ownership and ensure attestations and timely completion of the statutory and external audit Represent the accounting department at board meetings
Financial Services Executive Consultant
May 2021 – Dec 2021
Support senior executives with public companies in VP and Sr Director level positions in the (included but not limited to) following areas:
- Purchase Price Accounting and Valuation
- Intangible Assets and Goodwill Impairments
- Discontinued Operations and Dispositions
- Complex Modeling
Additionally, CFO/CAO positional level support for private companies
Director of Global Technical Accounting & Policy – Connectwise
November 2020 – May 2021
Spearhead accounting standards and updates, to include full scale management of financials systems, impact assessments, white papers, purchase price accounting adjustments, and complex technical considerations to achieve corporate goals. Control the buildout of comprehensive accounting policy manual under US GAAP including international procedures. Manage and train revenue accounting team for 605 and 606 basis of reporting on software revenue streams. Coordinate revenue and technical support for year-end external audit, guaranteeing compliance with regulatory requirements.
- Reconciled $25M worth of monthly discrepancies within automated ARM processes within NetSuite through creating revenue processes efficiencies.
- Reduced month-end close reporting from 14 business days to 8 business days within 3 months by developing synergies and assuring congruent priorities across multiple teams.
- Improved financial control through strategic planning of COSO, ICFR and ITGC Frameworks from comprehensive design, documentation and implementation.
- Enhanced organization efficiency by collaborating with senior management on financial strategy and sales team on significant impacts of adjustments in accounting systems; collaborated with Treasury department on debt covenant and credit agreement impacts of redlining amendments.
Director of Technical Accounting – Brown & Brown Insurance January 2019 – November 2020
Lead $2.5B in revenue compliance processes under ASC 606, Revenue from Contracts with Customers, within a decentralized sales environment for 6th largest insurance brokerage, a Fortune 1000 company, with transitional implementation approach scoping wide change from modified cash accounting. Closely monitored financial systems application updates and addition from industry-standard cash basis production accounting to accrual accounting and GAAP ASC 606 compliant reports. Formulated a revenue recognition implementation guide for M&A for opening balance sheet enhancement; created accounting guidelines, white papers, and policy updates for accounting procedure development; implemented procedures for portfolio and contract basis approach assessments; oversaw and coached
teammates to ensure successful modification of accounting system and procedure. Revised disclosures for revenue recognition for public filings, 10-K, 10-Q, 8-Ks, and Management Representation Letter; assessed and approved process and control exceptions through monthly ICFR testing and documented exceptions. Generated white papers for agency, carrier, and insurance carrier payables after ensuring efficient treatment for similar cash flows.
- Restructured and coordinated compliance and consistent treatment for revenue streams across organization and all subsidiaries.
- Oversaw 37 successful M&A integrations: discovered and fixed >$20M in revenue recognition errors over two years.
- Facilitated a multifaceted revenue assessment to large groups of non-accountants and educated audiences of up to 400 Accounting Leaders and Reviewers on divisional revenue recognition treatment.
- Executed and managed company-wide CPE solution and oversaw Revenue Recognition Trainings for >300 team members to achieve corporate objectives.
Manager of Financial Reporting & Audit – Technical Accounting
Trader Interactive – January 2018 – January 2019
Senior Manager overseeing projects for accounting and finance departments inclusive of technical accounting and compliance, internal audit, capital reporting, and audit and assurance. Administered technical accounting initiatives for procedure enhancement such as ASC 606, 842, and 350; training for implementation, contract assessment, and assessment of potential business systems impacts. Managed internal/external reporting and ensured adequate audit compliance and documentation; led audits for period under previous parent company and of Trader Interactive. Executed time tracking, capital reporting, and project authorization processes for fixed assets and developed software, as nearly all capitalizable costs were expensed under prior company, and trained individuals affected.
- Developed and systematized key accounting policies and interpretations for a software development company without prior narratives or formalized accounting structure; Planned and created a timeline for implementation of formalization around internal control structure with potential SOX 404 compliance.
- Managed financial analysis for complex credit agreement in addition to debt covenant compliance and effects of potential acquisition activity; performed and assessed annual impairment analysis for goodwill and intangibles.
- Consolidated and developed financial statements and recommendations, and quarterly banking narratives under both U.S. GAAP and IFRS; Implemented consistent financial reporting system for acquisition activity.
Senior Financial Reporting Analyst – Technical Accounting
The Walt Disney Company – January 2015 – January 2018
Technical accounting manager for two years; led strategy and research-based project-driven position concentrating on technical accounting research and preparation for prospective accounting changes and new strategies within a relationship company. Spearheaded large volume of projects with multiple facets containing accounting standard updates in compliance with FASB standards and U.S. GAAP in revenue recognition (ASC 606), cloud computing standard and issues for new technologies implementation, consolidations (ASC 805), lease accounting (ASC 842), accounting for VIE’s, sale leaseback accounting, fixed assets and capital reporting, and real estate accounting strategy.
- Assessed and documented $200M project in sale leaseback accounting under IFRS and US GAAP; assessed and documented >$30M in revenue contracts for ASC 606 with scoping of >150 contracts for $600k+ and example standardized contracts.
- Managed historical technical repository of 1,700 documents and collected 400+ lease documents for ASC 842 lease gathering project
- Facilitated contract design and assessment for accounting treatment and efficient implementation; successfully collaborated with international controllership and finance areas such as Tokyo, Shanghai, Hong Kong, and Paris.
- Strategically integrated recommendations for process efficiency and ensured compliance for enterprise-wide accounting policy improvements; educated team on financial reporting technical update releases for US GAAP and relevant international reporting