Management Accounting

Lance Barrett CPA

Corporate Finance and Accounting - Executive Director at JP Morgan Chase

Harrison, NY

**********@*******.*** - (914) 356 - 5111

Over 20 years of experience in corporate finance, risk, controller and public accounting roles supporting

financial services (banking, private equity), technology and business services industries for public and private

entities

Financial Leadership:

● Forecasting, planning and analysis; budgeting; coordination of the investment portfolio

● Investment analytics (ROI, ROE, IRR, NPV)

● M&A – Business and financial modeling, valuations/DCF, due diligence, LBO worksheets, deal structuring/

pricing

● Business Management & Executive Decision Support

● Partnership with business executives to develop the strategic agenda

● Deliver messaging and presentations to senior leadership

● Operational metrics and driver-based analytics

● Workforce optimization and capacity analysis

Controllership:

● Financial reporting, G/L close, corporate/partnership taxes

● Working Capital management

● Equity control, capital calls, profit allocations / waterfalls

● Design / implementation of operating and financial controls

Finance application development:

● Business and functional requirements documentation and user testing

Authorized to work in the US for any employer

WORK EXPERIENCE

EXECUTIVE DIRECTOR

JPMORGAN CHASE & CO - 2007 to Present

Firmwide Risk Controllers – Wholesale Credit Risk Reporting (02/13 - Present)

● Lead a team of 10 for the monthly aggregation, adjustment and reporting of traditional credit products,

derivatives and elevated risk exposure (e.g. non-performing, criticized, etc.) for SEC disclosures, regulatory

filings and internal risk managers

● Expand the SOX, RCSA and operational controls framework and lead multiple initiatives for a 3 year

transformation to be compliant with the principles of the Basel Committee (BCBS) memorandum for risk data

aggregation and reporting

● Collaborate with Technology to create business requirements for the development of a comprehensive risk

data adjustment and reporting application to be integrated with the credit risk infrastructure to replace more

than twenty user-developed desktop tools

Custody and Fund Services (CIB) - Product and Tech/Ops/Service CFO (2007 to 2013)

● Global Finance & Business Management lead for several products and Tech/Ops/Service functions

supporting institutional funds, broker-dealers and alternative investment firms

● Collaborate with business leads to deliver the strategic agenda and financial plan, as well as develop and

manage the executive messaging for presentations to Bank leadership

● Full responsibility for all aspects of financial budgeting, forecasting, reporting and analysis in multiple local

currencies, including the coordination of a $400mm strategic investment initiative portfolio

● Partnered with strategy leads to evaluate financial viability of M&A and new business initiatives

Key accomplishments / projects:

● Drove the efficiency agenda by creating and implementing a workforce ‘capacity model’ resulting in a 25%

operating expense reduction over a 3 year period

● Supported client service management to establish a tiered client-experience operating model to boost key

client satisfaction ratings

● Developed metrics and driver-based revenue and expense forecasting models for Fund Servicing unit

● Supported the reorganization and consolidation of the Technology Platform organization

VICE PRESIDENT / CONTROLLER

FIFTH STREET FINANCE - White Plains, NY - 2005 to May 2006

Finance lead of a for a $250mm equity & mezzanine fund responsible for the accounting of two funds, GP,

management company and sidecar entities

● Prepared annual/quarterly financial statements, monthly NAVs, capital calls, profit waterfall allocations,

statements of LP capital accounts, and monthly invoices for interest income

● Responsible for monitoring, projecting and reporting on overall fund / deal performance and IRR, cash

flows, tracking/allocating pass-through deal expenses, and managing payroll, HR and IT

● Deal sourcing and structuring, financial and operational due diligence, and post-deal board participation

and performance monitoring

CONTROLLER & CORPORATE FINANCE MANAGER

UNITED SYSTEMS INTEGRATORS (Acquired by Johnson Controls) - Stamford, CT - 2003 to 2005

● Finance second-in-charge for a $100mm real estate & facilities management firm, responsible for internal

financial and operational reporting, and managing the monthly G/L close

● Supported sale of firm by coordinating first time audit (3 years) and preparing the due diligence data room

● Prepared analyses including budget vs. actual, client profitability/breakeven, enterprise discounted cash

flows valuation, cash flow projections, lease vs. buy and sales commission calculations

● Business analysis and requirements gathering to support development of a custom accounting platform,

and personally developed custom solutions for T&E tracking, HR and payroll management, and client invoicing

CONTROLLER

RENTPORT, INC (Acquired by TransUnion) - New York, NY - 2000 to 2001

● Finance lead for a start-up software developer and online retailer of credit and background reports

● Managed the capitalization table, option agreements, working capital and cash flow projections, and

delivered monthly financial reporting to the CEO, venture capital investors and Board of Directors

● Designed and created the business financial model, profitability and breakeven analyses, and all financial

disclosures to secure $9.0mm of Preferred stock and two subsequent $5.0mm bridge loans

● Prepared enterprise valuations, consolidating financial models, and financial diligence for three acquisitions

SENIOR AUDITOR

DELOITTE LLP - Boston, MA - 1997 to 2000

Responsibilities

● Planned and supervised audits of public (SEC) and privately held entities in the financial services,

technology, manufacturing and retail industries

● Excelled in engagements for clients whose accounting systems and procedures, internal controls and

record-keeping environments were not optimized and prone to misstatement

SENIOR ACCOUNTANT

Regional CPA Firms - Chestnut Hill, MA - 1992 to 1997

Performed audits and attestation services, compilations, tax preparation and write-up accounting services for

small to mid-tier clients in retail, manufacturing, professional services, construction and non-profit industries

● Implemented accounting software applications (e.g. Peachtree, Quickbooks) for small market clients,

including user training and development of customized reporting tools

EDUCATION

Master of Business Administration in Finance & Valuation

UNIVERSITY OF PITTSBURGH

June 2002

Bachelor of Science in Accounting & Communications

BABSON COLLEGE

1991

SKILLS

CPA - Massachusetts 1997

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