Senior Financial Professional

TH O M A S F. KO P E T I C, CPA, CGMA, CLU, FLMI

*** ******** ****, *** *** Phone: 512-***-****

Round Rock, TX 78665 Email: ********@*****.***

EX E C U T I V E MA N A G E R / CFO/CO N T R OL L E R Top-performing Senior Financial Executive with over 30 years’ experience in financial reporting and analysis, developing financial policies, procedures, and controls, creating effective and efficient operations, and delivering profitability improvements in fast-paced, dynamic environments. Strategic thinker with a solid history of identifying, developing, and implementing operational and process improvements to enhance profitability and assurance compliance with strict regulatory requirements including GAAP, STAT, and Sarbanes-Oxley. Solid Statutory, GAAP, and SEC financial reporting experience. Strong leadership, problem solving, planning, project management and team building skills with a solid record of contributions leading to improved financial performance and heightened productivity.

CORE COMPETENCIES

Business Strategy/Evaluation

Operational Business Planning

Business Development

Financial Modeling

Project Management &

Leadership

General Accounting

Decision making

Budgeting & Forecasting

Continuous Process Improvement

Accounts Receivable/Collections

Research & Analysis

Risk Management

Financial Statement Compliance

Team Building, Coaching

SEC Regulatory Compliance

GAAP Financial Reporting

Mergers, Acquisitions & Integration

SOX Implementation & Compliance

Investments, Accounting & Analysis

Cost Benefit Analysis

AREAS OF EXPERTISE

INDUSTRY LINES – Insurance, Healthcare, Financial Services, Software Conversions, and Implementations COMPUTER APPLICATIONS – SunGard, Oracle Financials, Great Plains, QuickBooks, Microsoft Office Suite, Equity Edge (Stock Admin), UltiPro, Arcadia (HR)

PROFESSIONAL EXPERIENCE

FILETRAIL, INC. 1/2022-1/2023

Senior Financial Consultant/CFO, Contract

Improve financial procedures and processes to be consistent with US GAAP reporting requirements

Review/update initial Revenue Recognition project to ensure compliance with ASC 606

Restate 2020 through 2022 financial statements to be US GAAP compliant and ready for auditing

Preparing quarterly footnotes, reconciliations, journal entries, and GAAP financial notes PRUDENTIAL LIFE INSURANCE COMPANY 4/2021-2/2022

Senior Financial Consultant, Contract

Creating efficiencies amongst accounting division; centralizing accounting functions

Preparing quarterly footnotes, reconciliations, journal entries, STAAT and GAAP financial notes TEXAS REPUBLIC CAPITAL CORPORATION 12/2016 – 11/2020 Chief Financial Officer

Personally managed all financial reporting and analysis including GAAP, SEC, Statutory and Tax.

Significant trusted advisor to CEO in both financial and operational matters.

Personally managed daily accounting operations, financial analysis, premium tax, and regulatory compliance.

Coordinated internal and external auditors.

KEY ACCOMPLISHMENTS:

Expanded investments to mortgages and lottery bond significantly increasing investment income.

Established controls and procedures to ensure appropriate financial reporting in a significantly manual process.

Negotiated and upgraded contracts for outside vendors to improve services and reduce expense.

Evaluated acquisition targets.

INDEPENDENT FINANCIAL CONSULTANT, AUSTIN, TX 12/2014 – 12/2016

Business: Financial reporting and analysis including GAAP, SEC, Statutory and Tax. Management of Sarbanes- Oxley reporting, remediation of material weakness/significant deficiencies. Management of various IT conversion projects related to accounting systems. Process evaluation and improvement.

• Transamerica Insurance Group – (Q3-15, Q4-15, Q1-16) Quarterly review of statutory filings and MD&A. Worked to assist senior management to produce timely and accurate filings during a period of transition. Additional responsibilities included process and procedure evaluation and change recommendations.

• New York Life – (4 months) Contacted to review Sox controls and evaluate current process and procedures. Documented Sox controls and made recommendations for control improvements. Implemented process changes to enhance controls and improve operating efficiency.

Individual: Financial and retirement planning and tax strategies. Asset accumulation and asset protection. CAPSON PHYSICIANS INSURANCE COMPANY, AUSTIN, TX 02/2014 – 12/2014

(MED MAL CARRIER WITH 30 FULLTIME EMPLOYEES)

DIRECTOR OF FINANCE AND TREASURER

Solely responsible for all finance, accounting, and treasury operations.

Played pivotal role as staff liaison to the audit and investment committees of the Board of Directors.

Principal liaison with and to the Texas Department of Insurance and other regulatory bodies.

Solely responsible for the creation, timeliness, and accuracy of all financial reports.

Key accountability for all reinsurance planning, strategy and relationships including authorized brokers and reinsurers and executing the various treaties as guided by the Chief Executive Officer. KEY ACCOMPLISHMENTS:

Significantly reduced manual Excel closing process from over 25 days to 12 days.

Improved data mining interfaces, markedly reducing the significant error risks associated with the manual process.

Negotiated and upgraded banking institution investment managers’, directors’, and officers’ insurance broker and external

actuarial services.

Evaluated acquisition targets.

Supervised forecast and 5-year plan development. NATIONAL WESTERN LIFE INSURANCE COMPANY, AUSTIN, TX 07/2009 – 01/2014 VP & CONTROLLER (06/2010 – 01/2014)

Oversaw all financial reporting and analysis including GAAP, SEC, Statutory and Tax.

Provided oversight and direction for 19-member staff.

Played key role as Payroll Administrator for approximately 300 employees.

Managed daily accounting operations, financial analysis, premium tax, and regulatory compliance.

Administered annual operating budget process.

Coordinated internal and external auditors.

KEY ACCOMPLISHMENTS:

Managed the finance side of policy administration conversion.

Developed and implemented income tax strategies to minimize future tax liability.

Successfully closed IRS audits for the years 2004 through 2007. INDEPENDENT FINANCIAL CONSULTANT (07/2009 – 06/2010)

Contracted to manage the IT conversion of the general ledger from mainframe environment to SunGard EAS.

Managed GAAP/SEC financial reporting and Federal Tax preparation, analysis, and compliance.

Directed implementation of new chart of accounts, conversion of historical data, testing, and validation KEY ACCOMPLISHMENTS:

Converted the highly spreadsheet intensive financial reporting model to one driven out of SunGard EAS. CITIZENS INC., AUSTIN, TX 09/2006 – 06/2009

VP/CHIEF FINANCIAL OFFICER & TREASURER (06/2007 – 06/2009) VP OF ACCOUNTING & FINANCIAL REPORTING (09/2006 – 06/2007)

Hired to revitalize Accounting Department and financial reporting function for company/subsidiaries including GAAP, Tax, and Statutory Accounting. Managed team of 17 professionals.

Reorganized Finance staff and streamlined responsibilities to meet Company demands while reducing headcount.

Coordinated, prepared, and ensured compliance in SEC report preparation and filing of Forms 10-K, 10-Q, 8-K, and Annual Report to Shareholders.

Liaised with SEC, Board of Directors, and Audit Committee.

Oversaw all external auditor, tax advisor, and consultant activities.

Reviewed internal and external tax work papers and analysis.

Served as financial manager for SOX compliance audit. KEY ACCOMPLISHMENTS:

Reduced audit fees 40% in 2008 by successfully moving company out of high-risk audit position.

Led successful remediation of Sarbanes-Oxley material weakness and multiple significant deficiencies.

Strengthened SOX reporting and compliance by transitioning responsibility from Legal and Compliance unit to Accounting and Financial Reporting.

Partnered with senior management to design and implement Internal Audit function, with sole responsibility for SOX reporting and compliance.

Completed $18.8M private offering in 2007.

GREAT AMERICAN FINANCIAL RESOURCES, INC., AUSTIN, TX 10/2003 – 09/2006 ASSISTANT VICE PRESIDENT & CONTROLLER

Managed all financial reporting requirements including GAAP and statutory accounting, annual operating budget process, monthly reforecast, and daily accounting operations for Austin division.

Provided oversight and direction for 20-member staff.

Coordinated internal and external auditors.

KEY ACCOMPLISHMENTS:

Secured all distributions and reduced risk of unauthorized payments through design and implementation of cash control function with appropriate controls.

Executed successful Sarbanes-Oxley compliance implementation by partnering with internal auditors.

Allowed monitoring of actual versus budgeted monthly and YTD variances for senior management by redesigning and implementing cost center expense budgeting. UNITRIN PROPERTY & CASUALTY INSURANCE GROUP, DALLAS, TX 10/1998 – 10/2003 MANAGER, FINANCIAL PLANNING & ANALYSIS

Managed financial planning/analysis/reporting- development of semi-annual budget, quarterly/yearly operating reports, quarterly MD&A and external agency presentations and correspondence.

Managed staff analysis and reporting on GAAP operating results and statutory consolidation.

Managed capital projects, coordinated profit planning and co-managed SOX compliance implementation. KEY ACCOMPLISHMENTS:

Reduced general operating expense from 20% to 17.3% by implementing Zero Based Budgets.

Streamlined budget review process, while providing well-documented and accurate budget model.

Facilitated expense allocation to diverse operating units within P&C Insurance Group. EDUCATION, LICENSES & AFFILIATIONS

Bachelor of Science (BS) in Management & Communications Major in Accounting, Adelphi University Certified Public Accountant (CPA) in Texas Chartered Global Management Accountant Chartered Life Underwriter Fellow of Life Management Institute American Institute of CPA’s Texas Society of CPA’s

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