J. SCOTT STEPHENSON, CPA
ProAccountingSystems, LLC / J. Scott Stephenson, CPA
Albany, Dawsonville & Gainesville, GA 3/1999 - Present
Contractual financial accounting services provided: month-end closing to include g/l prep, account reconciliations and documentation of transactions timely delivery of GAAP financial statements, audit preparation, fixed asset management, strategic budgeting & forecasting analysis, cash management & business relationship management. Develops management reports with reliable and usable financial information employing best practices, Lean Six Sigma & Kaizen concepts. Provides SAP, QuickBooks & other ERP accounting systems consulting, troubleshooting, training services. A QuickBooks Certified Advanced ProAdvisor. Provides a full service, out-sourced Controller/CFO function on a contractual basis to small businesses.
Marine Corps Logistics Command (MCLC), Audit Readiness Support Augmentation via Patricio Enterprises, Inc., a civilian contractor. Albany, GA, 1/2019 – 2/2019
Review of all PBC requests from the Independent Public Auditor (IPA) to assess documentation needed and which business unit (BU) is required to develop, document and implement the internal controls (IC) that will satisfy the IPA’s request and allow the IPA to give an unqualified opinion regarding the IC’s effectiveness. Develop a business process which develops and charts the steps required to ensure the PBC’s are being made aware of and properly assigned by the Command to its various BUs.
Works with Command’s financial staff to monitor and report status of overall Audit Readiness and any issues that are encountered.
Southern AG Carrier, Inc., Albany, GA
Consulting Project Accountant / 03/2018 - 07/2018
Performed a troubleshooting analysis & audit for the proper accounting setup & data exchange between an outdated ERP and a subsidiary integrated inventory management system to ensure reliable accounting data was being captured from the two systems data exchange. Reviewed current accounting procedures being done by the staff and developed some different processes to produce more efficient and effective reporting results for easier and more timely accounting reconciliations. Developed reports for management using more effective KPIs. Performed profitability analyses of the company’s various product segments for CAPEX decisions. Designed and developed, in Excel. three new company bonus programs with automated calculations: Driver Retention, Recruitment & Incentive Bonuses, Driver Mgt Bonuses & Support Staff Bonuses. Trained in company’s ERP platform to provide implementation insight of a significant cycle update and provide a needs and cost/benefit analysis of the proposed system module components.
Microf, LLC, Albany, GA
Consulting Accountant / 01/2017 - 12/2017
Audited and made corrections to the fixed asset accounts in the financial statements due to past improper management of the data in the SAGE FAS for approximately 8000 items of Leased Equipment assets. Managed the FAS accounting. Developed & maintained the company’s monthly & quarterly GAAP accounting statements and reports. Assisted the Controller with bank covenant analysis and reporting. Led accounting departments SAP HANA Business One / Oracle OFSLL Dual System Implementation & Operations setup and development.
Thrush Aircraft, Inc, Albany, GA
Interim Controller/Cost Accountant / 11/2015 - 11/2016
Accomplished the monthly accounting cycle in SAP ERP system for a $40mm aircraft manufacturing company supervising a staff of two and coordinated with production personnel to maintain a feasible production costing analysis within the SAP system. Provided accounting analysis as needed by company departments. Created accounting reconciliation reports to ensure accurate costing in the manufacturing process of each product line’s WIP and COGS; performed monthly closings on all ERP production and financial modules to create and deliver timely monthly financial accounting statements required by various stakeholders. Recorded, processed and reconciled the bi-weekly payroll accounting for 250+ employees ensuring needed corrections were recorded and reviewed the filing of the periodic payroll tax returns and tax payments, accounted for and recorded the various employee benefit program transactions from the payroll to ensure accurate & timely vendor payments were made. Accounted for the daily cash reconciliations of multiple banking accounts and provided cash management reports to CFO. Maintained the accounting for, and recorded purchases & disposals in, the fixed asset system and related debt obligations. Coordinated with SAP consultants to develop better SAP ERP processes and setups to ensure better reporting capabilities from within the system. Researched for R&D and other tax credit opportunities. Provided detailed analyses for various external auditors allowing them to complete their evaluations & assertions of the company financial statements. Worked with production area managers to improve production efficiency and costs using Kaizen, Gemba, Lean Manufacturing and CI processes.
Concrete Enterprises, Inc., Albany, GA
Controller/Office Manager / 4/2012 - 2/2013
Managed all accounting, payroll, IT and HR functions for the company of approximately 50 employees and fleet of 50 trucks. Managed all tax and DOT monthly and annual reporting requirements. Managed a staff of two in the accounting department.
CB Smith & Associates, P.C., Alpharetta, GA
Senior Accounting Manager / 2/2008 - 9/2008
This was a short-term merger of two accounting practices during the severe economic recession occurring during this period, however due to the dire economic conditions that were affecting our small business clients, we could not sustain it joint venture and we mutually parted ways.
Managed a staff of 5 to complete the monthly closing of books & records and the preparation of monthly financial statements and supporting schedules and disclosures for clients. Setup, developed & improved clients QuickBooks accounting systems to ensure more accurate and reliable reporting and to facilitate ease of use. Provided training to client personnel on accounting system use and proper accounting methodologies. Supervised staff in the preparation of complex business and individual income tax returns with multi-state and international tax issues. Provided a Controller/CFO function for several small business clients including financial data entry, bank account reconciliation, GL management, fixed asset management, statement preparation, and payroll and pension plan administration.
Rollins & Associates, P.C., Atlanta, GA
Tax Manager / 2/1997 - 12/1998
Supervised, reviewed and assisted in the preparation of business and individual tax compliance returns and reports for a 500+ client tax practice which included real estate partnerships, medical practices, service businesses, and high wealth individuals. Consulted with clients on current and new business operations, investment, and tax planning. Assisted clients in the planning, implementation, and operation of their financial accounting systems. Managed a complex §1031 exchange transaction for a major client. Handled all monthly accounting for a related investment company operation which managed over $100M in client investments producing monthly financial statements for the company’s ownership.
Melita International Corporation, Norcross, GA
Tax Manager / 3/1995 - 12/1996
Maintained and managed all tax administration functions for this multinational/multistate high-tech company including researching and implementing company tax policies. Managed the monthly multi-state sales tax compliance requirements and oversaw three major sales tax audits that resulted in little additional tax assessments. Prepared the income tax compliance reports for two S corporations, a C corporation and a Foreign Limited Liability Company and assisted outside CPA firm in preparing the Canadian income tax reports for the Canadian office. Coordinated and supervised all tax-related work output of a four-person staff including overseeing the 401(k) pension plan compliance audit by the outside auditor. Coordinated and co-directed the company-wide software upgrade of the Symex ERP system. Assisted executive management with tax research projects and in preparing company for successful IPO.
Arthur Andersen, LLP, Atlanta, GA
International Tax Specialist / 6/1993 - 3/1995
Performed research and prepared foreign/domestic business tax analysis for global acquisitions, operations and major transactions for large US multinational clients. Planned, designed, and assisted in the management of expatriate employee policies for the HR management team of a global utility client. Prepared and reviewed tax compliance filings relating to client’s international business operations and for US expatriate clients. Designed and presented technical presentations on various global business and tax issues for several tax education seminars for the international tax consulting team.
EDUCATION AND SKILLS
CPA (licensed in GA, #013971)
Arthur Andersen Training Center - St. Charles, IL
International Tax School – 1994
Basic Tax School - 1993
University of Utah - Salt Lake City, UT
Master in Professional Accountancy - Tax emphasis, 1992
Bachelor of Science - Accounting, 1991
SAP HANA Business One Setup and Integration
SAP ERP S4 - FICO in a manufacturing environment
SAGE FAS - Fixed Assets System Mgt
Certified Advanced QuickBooks ProAdvisor (2002-2012), Experienced in Microsoft Office Suite, Experienced in Six Sigma, Gemba & Kaizen Continuous Improvement
US Naval Reserve, Sep 1985 - Dec 1992
Desert Storm – 01/1991
US Navy, Jan 1981 - Sep 1985
Boat Captain, Special Boat Unit 24/Navy Special Warfare Group 2
UN Multinational Peacekeeping Force - Lebanon, Oct 1983- May 1984
US Grenada Operation – Oct 1983
Navy Achievement Medal - 2x
Meritorious Service Awards - 2x