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Federal and state taxation, CPA, accounting, financial reporting

Location:
Tomball, TX
Posted:
July 28, 2018

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Resume:

Randy L. Moorman, CPA

** **** ******* **. *******, TX 77375 281-***-**** ac6ghc@r.postjobfree.com linkedin.com/in/randymoorman

Executive Profile

Finance and tax professional with decades of senior leadership experience specializing in problem solving, department management, analytical and negotiation skills

Successful career as a CFO in oil & gas, Tax Partner with a national CPA firm and Tax Director for the largest transportation company in the world

Over thirty years of comprehensive federal, state and local tax experience, including discipline in planning, compliance, consulting, research and analysis across many industries and entity structures

Strengths include interpersonal skills, team and department building, strategic planning and analysis, financial reporting, tax planning and compliance across all organizational levels

Selected Highlights

Took over the Houston office tax practice of a national public accounting firm that was underperforming with a history 40% to 50% annual employee turnover. First two year results were near zero turnover, doubling of staff and revenue as well as excellent client retention and service

Served as the US oil & gas practice leader with major national public accounting firm specializing in exploration and production taxation for C Corp, S Corp and pass-through entities

Settled over 75 separate return years of IRS audits for numerous subsidiary entities across multiple cities; negotiated and settled over $600 million in favorable adjustments

Professional Synopsis

WoodsEdge Community Church – Spring, TX

Pastor of Administration (2017-2018)

Accepted position in business department to develop human resource policy, implement cash management

procedures, address excessive employee turnover and assess facilities utilization and capital projects

Managed staff of four with accounting, payroll, accounts payable, budgeting, insurance, financial reporting and human resource responsibilities

Oversee capital projects, capital funding campaign and facilities management

Studied and implemented best practices in office space utilization, employee 360 evaluation and feedback, cash management and short term investment strategy, performance goals and employee retention

Tundra Oil & Gas LLC – Spring, TX

Chief Financial Officer (2014-2016)

Equity position with initial management team of Private Equity funded oil & gas company; entity

liquidated in three years due to drastic decline in oil prices; performed wind down of all matters

Initiated bank financing, financial derivatives and accounting procedures for the start-up company

Oversight of accounting, financial reporting, tax, human resources, budgeting, bank financing and compliance with a staff of four

Handled annual audits in conjunction with a national public accounting firm

Formulated and present financial forecasts and results of operations to the Board of Managers, banks, owners and private equity

Smith Production Inc. - The Woodlands, TX

Chief Financial Officer (2005-2013)

Recruited out of public accounting by client as the initial CFO with fast growing E&P company needing

audited financial statements to raise capital, attract partners and establish financial credibility

Directed and supervised all accounting, finance and tax functions for a privately held S Corp, its subsidiaries and owners

Developed an effective and efficient accounting department increasing staff from four to seven

Established integrity in financial reporting leading S Corp and its three partnerships through initial financial statement audit with an unqualified opinion from a Big Four firm

Randy L. Moorman, CPA

Page Two

Smith Production Inc. - Continued

Managed all federal and state tax compliance, planning, consulting and audits for the S Corp, three partnerships, partners and owner while bringing all tax functions in-house

Closed numerous asset sales and acquisitions; personally identified buyer, led and closed a $400 million asset sale, the largest in company history

Hired, mentored and coached the Controller in administering monthly, quarterly and annual financial reporting

Handled annual financial statement audit processes in conjunction with a national public accounting firm

Managed and maintained commodity price hedging and derivative transaction processes

BDO - Houston, TX

Tax Partner and Business Line Leader (1997-2005)

Recruited out of PWC to run tax department with objectives of staff retention and growing client base

Tax Partner in charge of the BDO Houston office tax practice, managed department through substantive staff growth from 12 to 24 professionals

Managed practice economics for the Houston office tax department; including budgeting, operations, performance evaluations and human resource functions

Led all Houston office partners in practice development for seven consecutive years

Spearheaded campus recruiting efforts serving as Recruitment Coordinator for all Texas offices

Worked as a national committee member to collaboratively design and develop high-wealth tax strategies

Worked in conjunction with the assurance department to coordinate services for common clients as well as collaborate on practice development

PricewaterhouseCoopers - Houston, TX

Tax Compliance Manager (1995-1997)

Hired to lead newly formed compliance department after restructuring

Managed tax compliance for major multi-national and multi-state energy companies

Established and developed new practice area resulting in staff growth from 8 to 10 CPAs

Provided tax services in collaboration with financial and audit services personnel

CSX CORPORATION – JACKSONVILLE, FL

Director of Federal Tax Audit (1979-1994)

Initially hired as Jr. Accountant with oil & gas subsidiary; after four promotions, transferred to parent company

Coordinated federal tax audits and appeals for a dozen railroad companies in multiple cities

Resolved hundreds of outstanding IRS issues at the Examination level and Office of Appeals covering over 75 years of separate entity returns

Additional Experience

Accounting Instructor, San Jacinto College North, Houston, TX

Education & Credentials

Bachelor of Business Administration, Accounting, Lamar University

Certification, Certified Public Accountant (#068523), State of Texas

Memberships & Affiliations

Member, American Institute of Certified Public Accountants

Member, Texas Society of Certified Public Accountants

Volunteer, M.D. Anderson Cancer Center

Cancer Care Ministry Leader, WoodsEdge Community Church

Board Member, Smith Production Inc. (2005-2013)

Board Member, StoneBridge Food Pantry (2012-2014)



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