Independent Consultant of Accounting and Finance
Senior Consultant Express, Inc., Easton, OH 2019
My role as senior consultant was to assist in the information coordination and support documentation activities regarding Express, Inc.'s first quarter 2019 filing, including efforts regarding compliance with external requirements and the preparation of the SEC support binder, preparation of the PwC disclosure checklist, input and proof of the 10-Q via Workiva and the compilation of the related earnings release and investor deck
Senior Consultant Aerpio Pharmaceuticals, Cincinnati, OH 2017 – 2019
SEC reporting and control documentation / compliance. Sarbanes Oxley focus on policy review and testing (risk and control matrix and narratives, deficiency remediation)
Member of the corporate SEC team involved with the annual 10-K (filed internally using Active Disclosure, including full proxy responsibility) and the quarterly 10-Qs (through draft of the earnings release) and the quarterly and annual preparation of the SEC support binders and the EYCo disclosure checklists
Responsible for the Audit Committee report and analytics, interface with tax and legal professionals and the auditors, coordination with external tax firms regarding the provision and compliance requirements
Involved with the filing and disclosures regarding a $20 million licensing arrangement and a $48 million equity issuance, including related party and going concern discussions
Interim Controller / Senior Consultant Guild Associates, Inc., Dublin, OH 2016 – 2017 / 2017 – 2019
Supervise all daily and reporting aspects of accounting department including tax audits regarding sales & use, contracts, payroll, income, and implementation of controls related to time and expense, payroll, and regulatory compliance
Restructure department responsibilities and tasks to accomplish required operational and ledger related tasks in timely manner with existing staff, improved closing and reporting cycle from six weeks to one week
Design and direct the accounting arm of the ERP migration specifically regarding revenue recognition, functional accruals (sales order and requisition to payment), and management reporting
Introduce tools to integrate with cash requirements and statement forecasting including reconciliation, reporting of open POs, and unbilled receivables
Special projects include coordination of the annual insurance renewal, bank covenant communication, census requirements, and interaction with public accountants
Director of Finance, Controller New Bakery Company, Zanesville, OH 2013 – 2015
Direct accounting operations and financial management reporting for two manufacturing facilities totaling manufacturing revenues of $90 million, 150 manufacturing employees, 120 transportation employees, and 30 office staff.
Manage due diligence regarding sale to East Balt Bakeries including PPA, tax optimization of three corporations, standard costing, retail pricing, transition from Oracle ERP to SAP, audit, budgeting, and forecasting
Senior Reporting Analyst First Place Financial Corporation, Warren, OH 2012 – 2013
Restatement of FY 2010 SEC documents, filing of FY 2011 and FY 2012 10-Qs and 10-Ks of banking revenues of $200 million
manufacturing revenues of $860 million
Financial Reporting Specialist Velocys, Plain City, OH 2012 – 2012
Supervision and assistance with year-end financial reporting package for this IRFS engagement, review of accounts and audit interface, footnote, and FS binder preparation and compilation of the 2012 annual budget
Interim Director of Business Services Zane State College, Zanesville, OH 2011 – 2011
Supervision of accounting and business services unit including student accounts, budgeting, grant and sponsored program reporting, accounts payable, payroll, indirect cost rate determination, all internal financial, and Board of Trustee statements and annual audit for annual college revenues of $32 million
Financial Reporting Manager Oxford Resource Partners, LP, Coshocton, OH 2010 – 2011
S-1 registration and prospectus, interface with brokers and auditors, subsequent 10-Qs, 10-K, earnings releases, monthly GL closing, and senior management financial reports for annual coal mining revenues of $380 million
Interim Treasury Controller Corning, Inc, Corning, NY 2010 – 2010
Review of derivative accounting procedures and the preparation of related financial statement disclosures, including writing related SOPs, training of professional staff, and preparing annual 10-K for international manufacturing revenue of $6 billion
Manager of External Reporting Wendy’s International Inc., Dublin, OH 2007 – 2009
Overall documentation and detailed review of the 10-K / 10-Q intercompany accounting, international governmental reporting, translation, settlement and financial statement preparation, foundation, supplemental executive retirement, deferred compensation, and profit sharing plans
Wendy’s and Arby’s Merger Project – purchase price accounting, subsidiary reporting structure, and the transition of shared financial services resulting in $10 million savings
Interim Controller Anchor Hocking, Lancaster, OH 2007 – 2007
Supervise four management reports and a total staff of sixteen including GL, FR, FP&A, Treasury, Inventory / Standard Costing and AP for annual manufacturing revenues of $210 million
Develop commission and rebate system corrections saving over $4 million annually
Serve on the IT Steering, Operations & Inventory Committees
Interim Corporate Controller Globe Metallurgical, Beverly, OH 2006 – 2006
Supervise five direct management reports, including three Plant Controllers for international smelting revenues of $190 million
Manager of Reporting & Accounting Dayton Power and Light, Dayton, OH 2006 – 2006
Supervise twelve direct professional reports for annual utility revenue of $1.3 billion, including internal f/s, SEC (10-K, proxy, annual SH, 10-Q), earnings releases, benefit plans, FERC, annual report / audit of captive insurance company, and budgeting / projections.
Chair the Banking Task Force and IT Interface Committee
Senior Business Analyst National City Corporation, Columbus & Cleveland, OH 2005 – 2005
Senior Analyst for the Cash Management sector of National City Corporation’s Single Charter Initiative including draft and disbursement reporting, ACH, wire transfer, lockbox, imaging, cash and house vault, electronic window / web, automated treasury management, and EDI
SEC Reporting & Compliance Dresser-Rand Group, Olean, NY 2005 – 2005
SEC compliance and documentation for IPO, S-1 and S-1/A and S-4 registration projects, interface with management, auditors, and underwriters for annual manufacturing revenues of $1 billion
Sarbanes Oxley Project Leader Delaware North Corporation, Wheeling, WV 2005 – 2005
Wheeling Island Gaming Unit’s annual entertainment receipts of over $900 million.
Focus on critical evaluation and restructure of internal controls and of management reporting environments
Sarbanes Oxley Assistant Project Leader Worthington Steel, Columbus, OH 2004 – 2005
Annual manufacturing revenues of $3 billion with emphasis on inventory, quote to cash, requisition to payment, HR, payroll, fixed assets, financial reporting, information management, entity, and 10K/10Q financial reporting
Member of the SOX Steering Committee
Sarbanes Oxley Project Leader Bausch & Lomb Pharmaceutical, Tampa, FL 2004 – 2004
Annual $150 million pharmaceutical sale’s Section 404 documentation (flowchart, narrative, RACM) and control process walk through and testing
David W. Marion CPA, CCM, CMA
Areas of Practice
Department supervision and training
Procedure development and documentation
Internal and external statement compliance, including regulatory, GAAP and SEC.
Budgets and forecasting, FP&A.
SOX compliance, including; risk assessment, documentation, RACM development, walk-through, testing, deficiency identification and remediation / mediation, process review and enhancement.
Critical internal control evaluation.
Reporting, operations and GL and management information systems, financial analysis.
Product and standard costing.
Project and department management.
Treasury / cash management.
Retail / Restaurant
Banking / Finance
Active Disclosure (SEC filing tool)
Advanced Excel skills
SAP (including ERP conversion)
Oracle (including ERP conversion)
Deltek (GCS and Costpoint, ERP conversion)
Discoverer and Essbase
Workiva (Wdesk, Webfilings)
Education, Certifications and Qualifications
Bachelors of Business Administration – Accounting, elected to Beta Gama Sigma
Certified Public Accountant (inactive)
Certified Cash Manager (Inactive)
Certified Management Accountant (inactive)
Member, Controllers Council of the National Accounting Association, 1988 – 1991
Lecture presentation to the Institute of Management Accountants
As an officer and representative of Custom Concealment, Inc., presented classes and seminars to groups from regional and national law enforcement agencies and organizations, including:
- Ohio Tactical Officers Association
- Texas Tactical Police Officers Association
- Crosshairs Incorporated
- Kentucky Special Police
- American Sniper Association
- Ohio Peace Officers Training Academy
- National Corrections and Law Enforcement Training and Technology Center / NIJ
Professional with forty years of progressive experience in public accounting and private industry. Experience includes the development and documentation of all financial systems, including: new product and standard costing, MRP and projections; management and financial reporting, including the ongoing refinement of unit and responsibility center goals and monthly analytics; budgets and operations forecasting; cash and risk management, treasury; retail operations and strategic analysis; property and project acquisition, construction, and review.
Financial and Management Reporting
Express, Inc. – Assisted in the information coordination, support documentation and external disclosure activities related to Express, Inc.'s first quarter 2019 filing
Aerpio Pharmaceuticals – Directed SEC reporting (10-K, 10-Q, proxy, S-8, S-3) and interface with auditors, tax and legal representatives, Prepared quarterly Audit Committee package and press releases. Took lead on SOX compliance efforts.
Guild Associates – Responsible for all management and stakeholder reporting for engineering and scientific project systems, and for tax and regulatory compliance.
The New Bakery Company – Directed the GL closing process and prepared all formal financial statements. Reviewed or prepared the manufacturing, costing and senior officer reporting packages, including due diligence and purchase accounting.
Tecumseh Products Company – Supervision and assistance with the 10-Q package, including: MD&A, commodities, FX, EPS, disclosure checklists, 8-K, earnings call.
Oxford Resource Partners – Member of the team responsible for the S-1 registration and prospectus and for the subsequent 10-Qs, 10-K and earnings releases.
Corning, Inc. – Responsible for the review of derivative accounting procedures and for the preparation of related f/s disclosures, the writing of related SOPs and training.
Wendy’s International, Inc. – Managed the overall documentation and detailed review of the 10-Ks / 10-Qs; intercompany accounting; international governmental reporting, translation, settlement and financial statement preparation; foundation; supplemental executive retirement, deferred compensation, profit sharing plans.
Dayton Power & Light – Reporting included internal f/s, SEC (10-K, proxy, annual SH, 10-Q), earnings releases, benefit plans, FERC audit of the captive insurance company. Chaired the Banking Task Force and the IT Interface Committee.
The Longaberger Company – Created FP&A and unit reporting, risk management, internal audit, tax, inventory (standard) cost / warehousing, treasury departments.
Internal Audit and Sarbanes Oxley
Aerpio Pharmaceuticals – Supervised the development of a newly SEC-compliant company from an environment with material weaknesses to fully effective controls.
Wheeling Island Gaming Unit – Project leader for all SOX documentation and testing, with focus on critical evaluation and restructure of internal controls and reporting.
Worthington Steel – Assistant Corporate Project Leader for all aspects of initial compliance documentation from flowcharts and narratives to RACM testing.
Bausch & Lomb Pharmaceutical – Project leader responsible for all Section 404 documentation (flowchart, narrative, RACM) and process walkthroughs / testing.
Guild Associates – Managed all accounting and treasury activities for three facilities with 100 employees in two states, responsible for all internal and external reports.
New Bakery Company – Directed all aspects of accounting operations and international financial reporting for two manufacturing facilities (180 employees) and related transportation unit (120 employees). One direct report, total staff of 6.
Zane State College – Interim Business Director. Supervision of accounting and business services unit, including; student accounts, budgeting, grant and sponsored program reporting, AP, PR, indirect cost rates, Board of Trustee f/s and audit.
Anchor Hocking – Interim Controller. Supervision of four management reports and a total staff of sixteen.
Dayton Power and Light – Interim Manager of Reporting and Accounting. Supervised twelve direct professional reports.
The Longaberger Company – Over a seven year period, promoted from Comptroller to Treasurer / Senior V.P. of Accounting while the company grew from $22 million in annual revenue to over $450 million with a total workforce of over 3,200 employees.