Arthur H. Felderstein, CPA, CFF, CFE
OBJECTIVE: A position in senior financial management of a dynamic company where my proven financial acumen and people skills will make a significant contribution to the company’s core mission. I seek to make a difference by using my experience, with the dual goals of boosting a company’s bottom line and guiding the company to a solid and sustainable financial future.
PROFILE: I am a Certified Public Accountant with twenty years’ experience as a CFO, Controller, auditor, tax advisor, fraud examiner and forensic accountant. I have assumed the role of trusted advisor to both non-profit organizations and for-profit businesses. My background includes serving as a CFO for a parent company and nine subsidiary companies with over $225MM in revenues, as well as serving as interim CFO for companies acquired by a private equity firm.
Accounting, auditing and taxation of Corporations, S-Corporations, Partnerships, LLCs, Trusts and Non Profit Organizations.
Guiding distressed or underperforming organizations to greater financial outcomes.
Supervising financial planning, budgeting, procurement and investment activities.
Developing and implementing internal controls and policies.
Preparing stand-alone and consolidated financial statements, business activity and segment reports, financial position forecasts, and reports required by regulatory agencies.
Software: Advanced Excel, QuickBooks power user, Sage 50, Sage 100, Sage 300, Sage Intacct, Great Plains, SAP, among others.
Set up company processes and procedures from inception, including IT systems, to comply with Generally Accepted Accounting Principles, Federal Acquisition Regulations, Cost Accounting Standards, Health Insurance Portability and Accountability Act, as well as other regulatory requirements.
Engaged in the selection, installation and implementation of ERP software. Key requirements included the seamless integration of CRM and financial modules.
Advised, conducted studies, wrote and implemented policies for companies to comply with Sarbanes-Oxley Act Section 404 regarding internal controls.
Conducted due diligence investigations and structured acquisition terms of takeover targets for current employer and for private equity companies.
Admitted as a financial and accounting expert witness in dozens of civil and criminal cases in Federal Courts and in State Courts throughout the country.
Engaged by a major metropolitan newspaper to investigate alleged self-dealing at two not-for-profit community organizations and two local museums. The findings of the investigation were published and led to the eventual indictment, conviction and incarceration of a high profile board member.
Investigated and quantified alleged fraud and theft at a community religious philanthropic foundation.
Certified Public Accountant
Certified in Financial Forensics by the AICPA
Certified Fraud Examiner
Certified Valuation Analyst
Arthur H. Felderstein, CPA, CFF, CFE Page 2
American Institute of Certified Public Accountants Pennsylvania Institute of Certified Public Accountants New Jersey Society of Certified Public Accountants National Association of Certified Valuation Analysts Association of Certified Fraud Examiners
EMPLOYMENT: Clear Employer Services, LLC, Langhorne, PA September 2015 – August 2018 Controller and CFO
Professional Employer Organization, providing outsourced Human Resources, Benefits, Workers Compensation and Payroll. $225MM in combined revenues among nine companies.
Reason for separation: Outsourcing of entire accounting department and operations. Wasserman and Associates, P.C. Hainesport, NJ 2013 – 2015 Consultant to the Firm
Resnick Amsterdam Leshner, P.C. Blue Bell, PA 2009 - 2013 Senior Manager
Reason for separation: Closure of forensic accounting department. Arthur H. Felderstein, CPA. Feasterville, PA 2005 - 2009 Sole Proprietor
Reason for separation: Sought the resources and staff support of a regional firm and desired greater involvement in forensic accounting. DeVry University. Multiple Locations 2005 - 2009
Instructor – Becker CPA Exam Preparation
Smart and Associates, LLP. Philadelphia, PA 2003 - 2005 Senior Manager
Reason for separation: Reduction of forensic accounting department due to purchase of firm by a private equity group.
Kroll Lindquist Avey. Philadelphia, PA 2000 - 2003 Senior Manager
Reason for separation: De-facto office closure – staff reduction from 60 to 5. Gocial and Company, P.C. Jenkintown, PA 1992 - 2000 Manager
Reason for separation: Broader opportunity – more diverse responsibilities. EDUCATION:
Temple University, Philadelphia, PA
B.A., Economics and Religious Studies
St. Joseph’s University, Philadelphia, PA
Graduate courses in accounting and management
American Institute of Certified Public Accountants Certificate of Educational Achievement in Business Valuation Rotary International
Hiriki Aikido Martial Arts Association