Douglas Ray Ross II

Parker, Colorado *****

Cell # 303-***-****

E-mail: ad4e5j@r.postjobfree.com

linkedin.com/in/douglasrayrossiimba

An innovative and strategic finance and accounting professional highly experienced in GAAP and GAAS accounting management, SOX compliance, financial analysis, accounting database management, and financial statement preparation. Proven ability to analyze, organize, and articulate complex financial and accounting information to corporate executives and shareholders, while meeting tight deadlines and managing heavy workloads in fast paced environments. Demonstrated skills in cash management, quarterly and yearly audit preparation, operational accounting, organizational auditing, fixed asset and accrual base accounting, month-end close processes, and financial variance analysis. Strongly committed to achieving company and professional development goals.

PROFESSIONAL EXPERIENCE

Tipping Point Solutions, Inc. (October 11, 2022 – July 17, 2023)

Controller

Guided day-to-day accounting activities of four separate companies and one joint venture through a team of accounting specialists to ensure compliance with U.S. GAAP, government agencies, DCAA regulations, FAR policies, and external audits

Developed and documented application of accounting guidance, internal control policies and procedures, and departmental processes including accounts receivable, accounts payable, revenue recognition, and operating expense accruals

Eliminated the need for outsourced CPA firm management by transferring and migrating all finance and accounting duties internally, assuming full responsibility

Processed multi-state payroll for 100+ employees while supervising the preparation of various state tax filings, use tax, and business property tax returns

Assisted the CEO in government contract proposal pricing, annual forward pricing budgets, and computing resource billing and indirect cost rates

Jogan Health, LLC (March 21, 2022 – August 16, 2022)

Controller

Built out an accounting team of eleven people, (5 Billing Specialists, 2 A/R Specialists, 1 A/P Specialist, 1 A/R-A/P Lead, 1 Staff Accountant, and 1 Senior Accountant) ensuring smooth financial operations on a day-to-day basis through problem resolution, training, mentoring, managing work allocation, as well as developing internal policies and procedures

Invoiced and collected $40 million backlog in outstanding account receivables, bringing critical aged customer accounts current and easing short-term cash flow constraints

Implemented accounting software conversion and migration of financial platform from QuickBooks Online to Oracle NetSuite

Facilitated the transfer of all accounting duties from outsourced accounting firm to in-house back office personnel

Monitored current and projected cash inflows and outflows to ensure sufficient liquidity to fund operations, as well as to establish proper treasury controls

Westmoreland Mining LLC (October 29, 2018 – February 16, 2022)

Accounting Manager

Supervised the full accounting cycle management of four U.S. and four Canadian coal mines

Directed all invoicing and revenue recognition as it relates to ASC 606 Revenue from Contracts with Customers for eight Canadian coal mining sites

Reviewed and approved coal mines’ monthly Balance Sheet account reconciliations, footnotes, roll-forwards, and lease schedules, as well as reviewed, approved, and posted staff’s journal entries, cash receipts, and various tax/royalty filings

Formulated monthly and quarterly Financial Statement flux analyses

Reduced month-end close timing from seven to five business days through report automation and entry consolidation/automation

Jacobs Engineering Group Inc. formerly CH2M (December 18, 2017 – June 15, 2018)

Consultant [Joint Venture Accounting Supervisor]

Spearheaded the day-to-day accounting management of 120 domestic and international joint ventures

Reviewed and approved monthly and quarterly account reconciliations, as well as reviewed, approved, and posted staff’s journal entries

Prepared, reviewed, and approved individual joint venture financial statement packages, ensuring compliance with DCMA/DCAA & FAR principles

Performed monthly joint venture Balance Sheet and Income Statement analyses, and prepared the quarterly Non-controlling Interest Roll-forward Schedule, the quarterly Equity in Earnings Roll-forward Schedule, and both the quarterly Consolidated and Unconsolidated Variable Interest Entity Schedule

Wrote and prepared FASB ASC 810 Consolidation Accounting Memorandums to determine whether to consolidate the joint venture or to account for the joint venture through using the Equity Method of Accounting

Addressed Ernst & Young audit requests, along with internal audit requests

NOW CFO (February 27, 2017 – October 31, 2017)

Consultant [Assistant Controller]

Directed the production, review, and approval of all SEC filings including quarterly 10-Q, annual 10-K, footnotes, Proxy, and various filings in conjunction with equity and debt offerings

Prepared and presented budget-to-actual comparisons and all monthly, quarterly, and yearly financial statements for ten different clients across various industries

Maintained banking relationships and prepared monthly borrowing and debt covenant reports

Built financial analyses, models, and tools for financial reporting utilizing Excel and other business software solutions

Completed month-end closing duties and oversaw all monthly close processes and deadlines including documentation for improvements to internal processes and procedures

Developed budgets and forecasts in order to help guide strategic initiatives of clients

Implemented key metrics, reporting requirements, month-end close procedures, and solution checklists

SpineOne Spine & Sports Center (June 1, 2016 – January 4, 2017)

Billing Manager

Lead a department of seven people (1 Insurance Verification Specialist, 1 Lead Billing Specialist, and 5 Billing Specialists). Responsible for setting their daily schedule, approving their time cards and PTO requests, and directing their everyday tasks and work-flow

Increased average monthly collections by 5.33% (from $864K to $910K) by restructuring individual staff duties

In just three months, beat the monthly collection goal of $1.1M by 2.29% for the first time in 2016, bringing everyone in the company a bonus. Nobody had seen a bonus since October 2015

Reduced Accounts Receivable month-end close time by 50% (from 2 days to 1) through revamping internal processes

Built a collection matrix of all procedures performed for all commercial and government insurances so the company could financially screen patients before accepting them for treatment

Solely responsible for negotiating and settling injury cases (BI, UM, UIM, slip and fall, worker’s compensation, etc.) with in-state and out-of-state law firms, along with commercial insurance companies

Negotiated and established allowable billing amounts for out-of-network claims with commercial insurance companies

Created the first ever yearly budget for the billing department

Reported daily prior day’s new patients, follow-up patients, surgery procedures, x-rays, CT scans, MRI’s, attorney receipts, total amount billed, and total amount collected by entity and doctor

Alden Torch Financial, LLC formerly a subsidiary of Hunt Companies, Inc. (January 6, 2014 – May 31, 2016)

Accounting Manager

Migrated and transferred all finance and accounting data and related functions of the acquisition of the Centerline Platform/Portfolio [consisting of $9.2 billion of investor equity in 113 public and private real estate investment funds comprised of approximately 138,000 property units] from New York, NY to Denver, CO in less than six months

Co-assembled an accounting team to help take over and facilitate day-to-day reporting of approximately 50 GP lower-tier properties, 113 middle-tier investment fund partnerships, and 50 upper-tier corporate entities

Accounting Administrator of JD Edwards EnterpriseOne. Lead the accounting software conversion and migration from Hunt Companies over to Alden Torch. Created new chart of accounts, Companies, and Business Units within the system. Responsible for bank account set-up, unlocking hung-up batches, set-up of AAI’s, new Companies, Business Units, G/L accounts, and maintaining the Address Book, Supplier Master, Customer Master, Fixed Assets Management System, and annual close function

Synchronized quarterly financial statement preparation of all the Affordable Housing corporate entities, quarterly consolidation and elimination of the investment funds and GP properties with the corporate entities, corporate revenue recognition for fee receivables from the investment funds, and computing the recoverability analysis for fee receivables due to the corporate entities from the investment funds and the lower-tier properties

Reviewed and oversaw the monthly valuation recording of Centerline’s $2.8 billion securitization portfolio of approximately 100 taxable and tax-exempt mortgage revenue bonds with Freddie Mac for full GAAP Reporting

Merlin International, Inc. (March 10, 2008 – December 30, 2013)

Senior General Ledger Accountant

Directed the day-to-day management of the firm’s accounting function, including the efficiency and execution of accounting operations, internal controls, technical accounting compliance, DCAA guidelines, DFARS reporting, integrity of the financial information, database management, audit support and analysis, month-end close processes, and financial preparation and reporting on multiple sets of accounting books

Improved the month-end close process, reducing the time to close-out a particular month by 50% (from fourteen to seven days)

Due to corporate restructuring, facilitated closing-out the back office by consolidating onto one accounting platform and transitioning finance and accounting duties in three months

Ensured all month-end close procedures were completed timely and accurately, including borrowing base certificate preparation, cash flows statement reporting, tax filing requirements, accrual calculations, inter-company transactions, balance sheet account reconciliations, payroll entries, days of sales outstanding (DSO) calculations, GSA sales reporting, cost of goods sold (COGS) and revenue recognition, and other G/L journal entry bookings

Maintained schedules and account reconciliations for fixed assets and depreciation, inventory, GSA price-lists, prepaid expenses, cash, debt, rent, accounts receivable, accounts payable, and operating and capital leases

Vercuity Solutions, Inc. (September 19, 2005 – January 10, 2008)

Financial Analyst

Found extra interest income opportunities for the firm, averaging over $5K monthly, bringing in over $60K annually in other interest receivables

Analyzed and explained monthly and quarterly variances on the Liabilities section of the company Balance Sheet, as well as cost of goods sold and selling, general and administrative operating expenses on the company Income Statement

Analyzed/Forecasted/Reported/Recorded company payroll and bank activity, loans and notes payable activity (short-term and long-term), rent activity, commissions activity and accruals, accounts payable accruals, interest expense accruals, and interest income

Modeled with Microsoft Excel thirty-three external client custodial cash management accounts

Corporate Accounts Payable Manager (Promoted June 2006)

Reduced client bill-pay processing time by 3 hours daily (15 hours weekly), as well as reduced internal Accounts Payable processing time by 2.5 hours daily (12.5 hours weekly)

Managed thirty-three client custodial bank accounts with monthly cash flows of over $33 million

Closed and reported the accounts payable portion of the company’s financial books by the 5th work-day of every month in accordance to GAAP

Reported/Forecasted/Processed all company vendor invoices and employee expense reports (for eight offices across the U.S.) with the appropriate approvals and correct general ledger coding within the vendor payment terms

Reconciled thirty-three client custodial bank accounts and five internal company bank accounts monthly

EDUCATION

Master of Business Administration

Regis University, Denver, Colorado

Specialization: Finance & Accounting Certificate: Accounting

GPA: 4.0/4.0

Bachelor of Arts Degree

Wabash College, Crawfordsville, Indiana

Major: Economics Minor: Spanish Area of Concentration: Business

GPA: 3.38/4.0

3-time Dean’s List semester recipient

Treasurer of the Phi Delta Theta Fraternity, Indiana Beta Chapter

RELEVANT SKILLS

Software: Expert in Microsoft Dynamics Great Plains General Ledger and Integration Manager. Highly proficient in Deltek Costpoint, Oracle PeopleSoft, Oracle E-Business Suite r12.2, Oracle JD Edwards EnterpriseOne, Blackline, Intuit QuickBooks, SourceMed ASC AdvantX, Excel, PowerPoint, Word, Publisher

Language: Fluent in Spanish

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