Kasra Farzanegan CPA, MBA
Bethesda, MD 20816
301-***-**** (home)
301-***-**** (cell)
*****.**********@*****.***
Summary of Qualifications
. Experienced CFO in the government contracting services sector.
. Provide strategic, tactical, and hands on support as needed.
. Ensure compliance with GAAP, SEC, and the DCAA.
. Prepare and/or refine disclosure statements, prepare incurred cost
submissions, and put together forward pricing budgets.
. Experienced in conversions, implementations, and management of
automated job costing systems.
. Experienced in compliance with public & private companies supporting
SOX & SEC filings.
. Provide training to build an effective and autonomous staff that can
successfully operate in the government contracting environment .
. As point of contact for Finance & Accounting interact with auditors,
governmental agencies, banks, and all other interested third parties.
. Experienced in M&A transactions on both the buy and the sell side.
Employment History
3/2012 - present - Chief Financial Officer
Protection Strategies, Inc. Arlington, VA
500 employee DOE government contractor providing security services.
. Manage the financial affairs of company in transition.
. Ensure timely reporting and compliance with all regulatory agencies.
. Direct the timely close of the books on a monthly, quarterly, and
annual basis.
. Implement processes & procedures including a comprehensive sets of
internal controls to ensure integrity.
. Manage relations with all interested third parties
9/2011 - 12/2011 - Consultant
Bethesda, MD
. As Subject Matter Expert (SME} guided the government contracting
effort of local financial outsourcing firm.
. For existing clients, reviewed Deltek GCS set- ups and made changes
where needed.
. Implemented Deltek's GCS for new clients.
. Conducted seminars to train staff on the operating procedures of a
compliant government contractor system in the capacity of
controllership.
. Ensured compliance and provided guidance & support to meet GAAP, DCAA,
and CAS requirements.
5/2008 - 4/2011 -Chief Financial Officer
Alpha Corporation, Inc. Dulles, VA
220 employee government contractor in the construction project
control and management services with 4 domestic and 3 international
locations.
. To fulfill a primary objective, converted company's Accounting system
to Deltek which resulted in the availability of better and more
reliable financial data, better cost control, and improved margins.
. Improved cash flow by automating and refining the invoicing process
resulting in earlier than expected repayment of the line of credit
balance.
. Developed metrics & dashboards to enable senior management to identify
problem areas, control cost, and apply resources in a more effective
manner.
. Set up processes & procedures to enable financing and expansion into
foreign markets.
12/2005 - 5/2008 -Controller L-3
Communications- GSI, Inc. Chantilly, VA
1800 employee DOD contractor providing C3ISR services to Iraq and
Afghanistan.
. Managed the daily financial operations with a relatively large staff
of 35 direct reports and 15 additional project site accountants on the
Costpoint system.
. Reconciled unbilled receivable balances of 5 legacy companies that
had previously maintained their books on different systems.
. Realigned staff taking advantage of normal turnover avoiding costly
personnel issues.
3/2001 - 10/2005 -VP Accounting & Finance
Artel, Inc. Reston, VA
250 employee DOD contractor providing telecommunications services
with three domestic and two international locations.
. Achieved efficiencies and effectiveness in a rapid growth environment
by creating a flexible structure with the ability to expand.
. Implementing Time & Expense software to eliminate paper, reduce cost,
and improve turnaround time.
. Automated the billing process resulting in better and more accurate
invoicing which in turn improved cash flow. The line of credit balance
was paid off early turning the company into a position of investing
excess cash in overnight investments.
1/2000 - 2/2001 -Controller
IMSI, Inc. Arlington, VA
100 employee DOD contractor.
. Provided sell side assistance updating and catching up with reporting
requirements and eliminating outstanding compliance issues.
9/1995 -10/1999 -Controller
Hagler Bailly, Inc. Arlington, VA
450 employee USAID contractor providing services in energy and
environmental services with six domestic and eleven international
locations.
. As Controller of Apogee Research coordinated the financial data flow
to facilitate the sale of the company to a larger public company in
the energy and environmental sector .
. At Hagler Bailly (HB), the acquiring company assisted with the
integration of the financial data.
. At HB, I was assigned with the task to ramping up the financial
operations of their South American subsidiaries.
. Set up the Deltek system in Buenos Aires, Argentina and structured the
operations to meet both GAAP and local Argentinian VAT and payroll
requirements .
6/1989 - 9/1995 -Controller
Metron Scientific, Inc. Reston, VA
200 employee DOD contractor providing services in physics and math
with 3 domestic locations.
. Enhanced company's ability to track and properly classify costs by
restructuring the indirect cost pools and improving compliance with
DCAA requirements.
. Managed and minimized tax liability of PSC by on-going monitoring of
income on the cash basis.
. Developed annual & multi-year indirect rate budgets to obtain forward
pricing rates that would minimally fluctuate from the actual
experience.
Education
MBA - American University, Washington, DC
BSBA - University of Maryland, College Park, MD
BSBA - West Virginia University, Morgantown, WV
Certifications
CPA - MD Certified Public Accountant
Security Clearance
Interim TS clearance
Languages
German &Farsi