Accounting Management
Resume:
Roy A. Stone, CPA, MBA
Charlotte, N.C. ( Cell: 704-***-****, 704-***-**** ( ********@***.***
Financial Officer ? CPA ? MBA, Controller
Seasoned, in-depth financial management background. Proven knowledge of
public company finance, accounting, auditing and reporting standards.
Strong information technology (IT) Industry experience gained from firms:
CACI, Inc., GTE, Oracle, and Loral. Success building and managing
functional areas of accounting, finance and treasury operations.
Knowledgeable in COTS ERP software applications; Deltek accounting
software, Oracle applications, SAP and other software systems. Strong
management skills handling merger & acquisition processes, obtaining growth
capital financing, taking a software industry firm public. Excellent
communication, writing, presentation, and facilitation abilities gained
from work in large scale contract engagements. Deep - rooted accounting,
Information Technology, audit, analysis and reporting skills. Excellent
supervisor of accounting and administrative departments and staff.
Career Successes:
. Commended by Client for successful project management of the Financial
Accounting Information System that was planned, developed, tested and
implemented on-time and on budget.
. Effectively managed financial, accounting, reporting, and budget
management functions for Corporation operating multi-track GL/AP/AR
accounting systems.
. Improved understanding of an Oracle FedApps system for Financial Client
by working closely with accountants to implement new procedures for
system and management of new processes.
Professional Experience & Accomplishments
CACI International, Inc., Arlington, VA., Fairfax, VA.,
9/2006 - Present
Control Management, lead CPA. Support CFO & CIO functions with subject
matter expertise.
Provide range of accounting, control and financial management support.
Program management, external finance.
Directs activities in areas of CFO standards and compliance, budgeting,
internal control, accounting and reporting.
Completed work in Areas of Sarbanes-Oxley, Audit Remediation and financial
improvement work.
Expertise with IT tools including, Deltek Costpoint and Oracle Financials
accounting (Oracle 11i e-suite.)
Analyzed, tested and reported results of transaction logic in the CAS
compared to standards. Provides compliance with GAAP and other principles
for accounting operations.
Reviews and analyzes process for developing Income Statements, Balance
Sheets and Treasury (cash) reporting.
Inventory, plant and property accounting for financial improvement and
audit readiness.
Utilize multiple financial analysis methods, Capital Assets Investment
Management System.
Prepare analysis and develop management plans, implementation strategy, and
research and recommend benchmarking. Write white papers (CFO functions) on
compliance with GAAP, GAAS and related financial rules. Perform audits and
audit analysis, review configuration of general ledger, accounting
procedures, integrity and accuracy. Extensive work in research and
recommending appropriate use of accounting and finance principles.
ISR, LLC. (CACI Venture Partner), Charlotte, NC 1/2003 - 2006
Managing CPA
Supported this Professional Services GSA, MOBIS, and SBIR firm in financial
planning, preparing proposals to RFPs, and developing cost estimates for
pricing. Reviewed accounting process and system to ensure compliance with
principles and standards of various Customers. Recommended documentation
standards to comply with DCAA and specific agency accounting and audit
requirements.
. Provided leadership for accounting and financial management consulting
offerings to customers. Planned and managed consulting practice
strategy and Financial Services Group of this Professional Services
Firm.
. Developed action programs for Accounting/Financial and Management
Consulting services. Full range of CFO, CIO and Risk management for
IT and functional processes.
. Maintained knowledge base in directed areas of Financial Principles
and standards; OMB, GAO, IG-Audit, Internal controls and software
systems developed to manage and control those functions and processes.
Actions: Developed financial and accounting professional services
programs.
Results: Company successfully completed higher level projects focused on
accounting and financial operations.
Oracle Corporation and Oracle Partners, ESI, SBS, Reston, VA., Washington,
DC
Principal Consultant, CPA - Financial Consulting Practice, 1997 - 2002
. Planned and managed engagements for Federal Financials systems,
accounting functions, processes.
. Performed and delivered Accounting and assurance services,
consulting support for GL, AR/AP, Budgeting.
. Developed relationships with CIO and CFO client staff to support
financial and accounting functions.
. Managed Federal client-specific financial and accounting consulting
activities. Government contracting accounting.
. Conducted Business Process Reengineering and problem solving
related to accounting and financial functions.
Challenge: Support newly established financial applications practice unit
by offering CPA expertise to Oracle's clients with ERP Financial systems
in various stages of operation. Work closely supporting CIO and CFO
level clients' needs.
Actions: Provided guidance on financial operations processes, policies
and procedures. Handled project planning and control for accounting and
financial applications based on Oracle Financials. Conducted hands-on
guidance and direction.
Results: Successfully executed client service and delivery plans,
monitored progress. Ensured accounting internal controls, and financial
operations functions complied with accounting and control regulations,
GAAP and related principles.
Challenge: Develop detail understanding of Clients' standards and
principles for multi-track budgetary and proprietary accounting,
reporting, and development of internal controls, methods for producing
financial statements in compliance with CFO Act.
Actions: Completed extensive reviews and work in financial compliance;
OMB regulations, CFO Act, Credit Reform Act, Clinger/Cohen Act, Budget
formulation and execution principles, and met audit requirements.
Results: Operating system successfully applied rules and regulations
mandated for client's accounting.
Loral Corporation (Former IBM Financial consulting Group) ? Financial
Controls & Compliance
CPA - Professional Services Manager, 1993 - 1996
Served on the Finance and Accounting Group that supported a nationwide
client's Controller Division,
Office of treasurer, and Division of Information Resources in the redesign
of their accounting systems.
Managed six concurrent accounting programs comprising 28 team members over
a three+ year period.
Served on the Finance and Accounting Group that supported the FDIC's
Division of Finance & Accounting, Office of Treasurer, and Division of
information Resources in the planning and redesign of their financial
systems. Supported the internal audit (IG) and risk management areas to
coordinate the FDIC goals for development and implementation of business
systems focused on identification and minimization of risk, heightened
integrity and reliability of reporting through new functional policies and
processes. Activities included: accounting and audit compliance, FAR and
FDICIA standards, internal control and reconciliation processes and design,
user training and guidance. As subject matter expert, ensured compliance
with all finance standards.
Financial management and accounting operations in an automation intensive
environment.
Annual accounting/cash flow volume of $6.2 billion. Integrated
accounting, financial and XRT
Treasury workstation software. Researched accounting rules and procedures.
Wrote manuals, client user documentation and coordinated FDIC audit
approval of internal control systems.
Developed GAAP based accounting and subsidiary financial controls, treasury
management,
and bank assessments - accounts receivable system interfaced with
6,670 FDIC system banks.
Member of the strategic planning and control team responsible for direction
and management of strategic business plans, budgets, accounting &
reporting, team and client communications.
Served on the Finance and Accounting Group that supported the FDIC's
Division of Finance & Accounting, Office of Treasurer, and Division of
information Resources in the planning and redesign of their financial
systems. Supported the internal audit (IG) and risk management areas to
coordinate the FDIC goals for development and implementation of business
systems focused on identification and minimization of risk, heightened
integrity and reliability of reporting through new functional policies and
processes. Activities included: accounting and audit compliance, FAR and
FDICIA standards, internal control and reconciliation processes and design,
user training and guidance. As subject matter expert, ensured compliance
with all finance standards.
Challenge: Save clients' time and money by facilitating greater
participation and ownership in new systems and processes; combine needs
analysis, prototyping, training, and testing activities. Ensure internal
controls are in-place and functioning.
Actions: Supported systems and process implementations to improve
financial management and accounting processes, including internal control
structure, reconciliation and balancing methods, and financial reports.
Results: After implementing new procedures, feedback improved, which led
to significant changes in system configuration and processes. Those
changes, in turn, facilitated a 33% reduction in the staff resources
needed to input & reconcile data.
CPA - Consultant, McLean, VA, 22102
Financial Controller 1991 - 1993
Principal client: Data Measurement Corporation in Gaithersburg, Md., $20
million revenues, high technology firm.
GTE Information Services, Inc. Reston, VA., Tampa, FL, Seattle, WA
Finance Director (CFO) of IT Services Company 1988 - 1991
Manager of accounting and control (1988 - 1988). As Assistant V.P.
reported to the SBU President. Performed accounting and financial control:
GTE internal reporting, GTE internal operations audits, coordinated the
CPA attest audits, consolidated reports and closings. Managed billings per
contracts and A/R controls. Accounting staff operations: GL, AP, revenue
analysis, monthly books. Handled SEC reports and industry competitive
performance reports. Presented and defended SBU performance to GTE HQ
executives. Advised and assisted the CEO and Line of Business Managers in
overall management of business operations, financial plans, budgets and
strategy. Improved cash flow 25% by aggressively collecting receivables,
enforcing contract revenue terms and maintaining budgetary controls
covering cash outlays. Achieved 33% reduction in transaction costs by
centralizing accounting policies and procedures of four diverse operating
units. Managed fully integrated accounting process control for four
merged/acquired software companies.
Challenge: SBU of GTE, Inc. lacked finance and accounting function to
support its $65 million business plan.
Actions: Developed and instituted accounting and finance function,
including establishing processes and standards for the standalone
company. Improved audit results over a two year period from marginal to
above average for GTE internal units.
Challenge: Develop measurable profitability of 24 computer software
products across 4 lines of business.
Actions: Reviewed detail financial data, contract revenues and costs;
devised profitability matrix for use by Line of Business Managers to
support sales/revenue/cash flow forecasts and establish optimum product
performance.
Results: Operating management had better tools for identifying marginal
and dead-wood products; reliable data was made available to accurately
accounting for cost of sales and measure R & D and software
capitalization.
NCI Corporation and affiliates, Northern Virginia
Director of Finance and Treasurer:
As VP Finance & Administration, reported to the Executive VP of
Operations and the Board of Directors. Developed the financial unit and
directed a team of 22 accountants, budget, HR, and DP professionals.
Upgraded administrative systems and procedures for this rapid growth $20+
million, multiple unit Agency Contractor in Washington, DC. Reorganized
and developed staff to effectively process accounting and financial
information.
Prior: Staff work - Public Accounting, Professional Services.
Staff Manager or Engagement Consultant, CPA
Education / Professional Development / Associations
CPA, Licensed in two jurisdictions (Virginia and North Carolina)
MBA, finance & Controllership - Emory University Graduate School of
Business, Atlanta
BS, Accounting - University of North Carolina, Belk College of Business,
NC
Information Technology Masters Program - Graduate School of Business,
Marymount University, Arlington, Va.
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