Accounting Financial
Resume:
Jason Beddingfield, CPA
Plymouth Meeting, PA 19462 ******@*****.***
Employment
Protiviti Inc. – Philadelphia, PA July 2010 – Present Financial Reporting Remediation Compliance & Internal Audit and Financial Advisory Practices Consultant (July 2010) – Manager (January 2015 - Present)
• Managed, lead, and performed financial, operational and compliance audits in accordance with, GAAP, GAAS, OCC, and IIA standards for General Financial Services, Commercial and Consumer Banking Construction Management and Real Estate, Fintech, Medical Devices, Consumer and Commercial Products, Clinical Research Organizations, Retail and Telecommunication industries. Advised clients in the same industries with technical accounting matters including; application and implementation of GAAP based accounting policies, assistance with technical transactions, accounting estimates, substantive proof of critical estimates and advisory on disclosure and reporting matters. In these roles I served as a key point of contact for clients.
• Managed and performed Financial Reporting Remediation and Compliance (FRRC) advisory assistance for various clients in multiple industries. Major projects included performing ASC 606 revenue recognition diagnostics. Major activities consisted of reviewing a sample of contracts for changes in accounting treatment using FASBs five step model, reviewing existing disclosures for updates to comply with the new standard, educating existing client employees on the standards impact to the business and Protiviti’s approach to the diagnostic, facilitating meetings with the clients external auditors to confirm scope, approach, and transition method for adoption of the new standard.
• Major FFRC projects included performing an ASC 606 diagnostic for a large multinational provider of Clinical Research and Contract Commercial services. Major activities consisted of the following; performed an ASC 606 diagnostic based on the Company's representative sample of contracts, completed the Company’s external auditors contract analysis template, determined the Company’s change in revenue recognition from ASC 605 to ASC 606, facilitated meetings with the various lines of business to understand the nature of the contracts and revenue streams attributed to each line of business.
• Managed the Internal Audit function as an Outsourced and Co-Sourced service provider major activities included: Companywide risk assessments, performing Internal Control Over Financial Reporting (ICOFR) assessments implementation of the COSO 2013 framework, fraud risk assessments, development of Internal Audit Departments. Presenting and reporting to client's Audit Committees, Board of Directors, and members of executive management on the following initiatives; status of the Annual Internal Audit Plan, status of managements ICOFR review, special projects, annual budget, key industry and accounting initiatives and whistleblower investigations. These tasks included managing multiple engagement teams on different clients while executing a full audit plan.
• Lead and advised a large Fintech Service provider with a variety of Internal Audit services including: year one SOX readiness and internal audit department development. Key duties included assessing internal control design and operating effectives of internal controls over financial reporting, vendor management audits, companywide risk assessment, assistance with FFIEC regulator requests, planning and execution of the internal audit plan (including operational, financial and compliance audits), product implementation reviews responding to whistleblower inquires including, conducting investigations and summarizing reports. This client is located in various US and International locations and the teams under supervision ranged from 2-3 staff and seniors to 4-5 staff, seniors, and managers.
• Served as the Philadelphia offices Sarbanes Oxley Champion. In this role, I served as the offices key liaison to consult on new PCAOB requirements, hot topics affecting public company compliance with Sarbanes Oxley, answering technical and sensitive client questions and internal consultation on technical accounting and audit matters. I served in this role while managing 3-4 engagements with teams of 2-3 staff and senior consultants.
• Served in a supervisory capacity for a top five international commercial bank with its charter conversion process. Key components of the project included: Advising on the completion of regulatory filings, developing desk top procedures for preparation of the quarterly Call Report and performing data validation and tie outs to existing source documents. Verifying the accuracy of the newly installed regulatory reporting system and verifying that the company meet the various reporting requirements for the Company’s initial filing of the call report. These activities were performed while supervising a team of 5-6 fellow senior and staff consultants while serving as a key liaison with various members of the projects steering committee.
• As part of the charter conversion managed user acceptance testing surrounding the Regulatory Reporting Department’s SharePoint implementation. Responsibilities included: project management oversight, user acceptance testing, and providing recommendations as to the systems performance and deficiencies.
• Coordinated, created, and participated in New and Existing client development activities including but not limited to; creating proposal decks, participating in oral presentations, presenting to audit committees and executive management, to demonstrate the firm’s capabilities and ability to service clients.
• Served as a career advisor for 5-6 senior and staff consultants. Activities included; establishing long-term and short-term goals, advising on key promotion milestones, advising on managing difficult client relationships, advising on managing difficult firm relationships and serving as a liaison for my mentees when making promotion decisions with executive management. GMAC ResCap - Fort Washington PA May 2006 – July 2010 Financial Reporting & General Ledger Accountant (August 2008 – July 2010), and Intern (Summers of 2006 and 2007)
• Assisted in creating, reviewing, and updating The Company’s month end, quarter end, and year end Trial Balance. Performed accounting reconciliations and maintained the Company’s chart of accounts.
• Partnered with internal accounting functions to review and complete financial statements and disclosures submitted to various regulatory agencies, including but not limited to the; SEC, Federal Reserve and State licensing agencies. Prepared net income and subsidiary income closing entries and supporting supplemental schedules.
• Prepared and reviewed footnote’s and financial statements for the company’s 10K, 10Q, and the Federal Reserve’s FR Y-9C.
• Performed month end closing, intercompany accounting, intercompany eliminations, and month end reporting for the company and its affiliates.
• Assisted with month end accounting activities including recording month end journal entries, recording of loan broker fees, recording of loan activity and assisting with account reconciliations and general ledger maintenance. Professional Certifications and Associations
• Certified Public Accountant (CPA) license number CA060135 – Licensed in Pennsylvania
• Pennsylvania Institute of Certified Public Accountants, American Institute of Certified Public Accounts and Institute of Internal Auditors Education
The Pennsylvania State University, University Park, PA Graduation: August 2008 Degree: Bachelors of Science - Accounting
Contact this candidate