Audit Manager Internal

Lou Davis, CPA, CFSA, CGMA

Edmond, Oklahoma ***25 405-***-**** *********@***.***

Objective

Executive management position utilizing my expertise and skills in the areas of external audit, risk assessment, financial accounting and reporting, and regulatory compliance.

Profile

Initiative-taking, proficient, purposeful Senior Financial Manager with a successful record in auditing, financial reporting, risk management, accounting, and consulting services. Proficient in the analysis of existing systems, identification of risks and control gaps, identification of redundancies, and implementation of enhanced processes that improve business results. A valuable and resourceful internal business consultant to senior management and the Board of Directors. Ready to roll up his sleeves to minimize risk, improve internal controls, and achieve regulatory compliance.

A flexible and versatile team leader who effectively motivates and empowers teams to achieve organizational and management goals. Not afraid to utilize a firsthand approach to get things done.

Skills Summary

External Audit Internal Audit Management

Accounting and Financial Reporting Expense / Cost Analysis & Control

Financial & Banking Relationships Regulatory and Audit Compliance

Internal Financial Controls Risk Management

Professional Experience

EXTERNAL AUDITING: PUBLIC ACCOUNTING

KPMG, E&Y AND DELOITTE. Most recent position was Senior Audit Manager for Touche Ross in Los Angeles, and Deloitte & Touche in Dallas. Lead engagements of public companies in the banking and financial services sectors. Directed fraud audits and litigation support projects. Charged with recruiting new employees at major universities in California and Texas, and served as a firm mentor to senior auditors within the firm.

Hyde & Company CPAs, Oklahoma City. Senior Manager, Audit and Accounting. As a one-person audit department, personally performed all audits for the firm’s entire audit practice, consisting of fifteen clients. Personally prepared compilations and reviews and provided technical assisted in consulting engagements. Developed and trained staff and assisted non-audit clients in non-attest services. Clients included not-for-profits, employee benefit plans, and privately owned companies.

INTERNAL AUDITING: PUBLIC COMPANIES

Created and managed an internal audit function for the Federal Deposit Insurance Corporation’s Contractor Oversight and Monitoring Branch in Dallas, Texas. Reinforced the oversight of all audit functions for approved FDIC contractors engaged in liquidating failed bank assets.

Brought in to reinforce and improve the Corporate Audit Function of American General Finance in Evansville, Indiana. Wrote new audit programs, designed a peer review processes, and participated in management studies regarding the profitability of certain lines of business. Hired fresh staff and implemented new training programs.

Designed and launched the internal audit function at National Energy Group, prior to its acquisition. Supervised the SOX compliance process using external resources for compliance testing.

FINANCIAL CONSULTING

Marketed and sold consulting services as Director of Internal Audit Services for a national consulting firm in Dallas, Texas.

Designed and developed internal audit functions at three public companies, including an oil & gas exploration company, a software development company, and an internet service provider.

Supervised to completion six SOX projects for large, publicly held organizations, including Southwest Securities, AmerisourceBergen, EDS and Tyler Technologies in Dallas, Texas.

Lou Davis, CPA, CFSA, CGMA Continued

Participated in firm training programs, including Service Quality Process, Sarbanes-Oxley Compliance and Consulting Excellence. Developed risk analysis programs, internal control matrices and testing scripts used on SOX projects.

Consulted with senior management at public financial services companies on compliance with SOX requirements, including Washington Mutual Specialty Finance and Wells Fargo Home Mortgage.

Employment History

DAVIS FINANCIAL SERVICES, Oklahoma City, Oklahoma and Dallas, Texas (7/2008 to present)

Executive Consultant, specializing in project management, internal audit and controls, risk management, financial accounting and reporting, and Sarbanes-Oxley Section 404 compliance.

Worked with the Federal Deposit Insurance Corporation in closing thirty-two banks in California, Texas, Maryland, Wyoming, Utah, Wisconsin, Arizona, Florida, Illinois, North Carolina, and Georgia. Group lead for the financial proforma team, analyzing the balance sheet accounts of failed banks for the FDIC. Managed teams of 8 to 20 accountants in the preparation of proforma financial statements of the failed institutions.

Created the Internal Audit function of a large oil and gas exploration and production company with the direction of the Board of Directors and CFO. Supervised all outside consultants used to complete risk analysis and testing of key controls for Sarbanes-Oxley compliance certification. Developed and wrote new policies and procedures to remediate gaps noted during control testing.

As an independent consultant, participated in or directed over ten financial and accounting engagements. Variety included creating financial statements in Quick Books for new company; using transaction detail taken from a company’s financial system to create financial statements for management review; and, assisting a company’s outside CPA firm to prepare financial statements and footnotes for annual report to shareholders. In addition, wrote a policies and procedures manual and revenue recognition guidelines for management of a large, cell phone manufacturer. For a mortgage origination company doing business in thirty states, created a reporting system to track compliance with state regulations, including taxes. Assist local CPA firms with write up and tax preparation work during busy season each year.

Positions Held

Senior Manager – Audit & Accounting, Hyde & Company CPAs, Oklahoma City Oklahoma

Project Manager – Jefferson Wells, Dallas, Texas

Director, Internal Audit Services – Accretive Solutions, Dallas, Texas

Assistant Director, US Government Accountability Office, Dallas, TX

Associate General Auditor, American General Finance, Evansville, IN

Senior Manager-Audit, Deloitte & Touche, Los Angeles and Dallas

Sr. VP – Treasurer, First Oklahoma Bancorporation, Oklahoma City, OK

Sr. VP – CFO, Sunbelt Federal Savings & Loan, Watonga, OK

Education

UNIVERSITY OF OKLAHOMA, Norman, Oklahoma - Bachelor of Business Administration, Accounting and Finance majors

Professional Certifications

Certified Public Accountant; Certified Financial Services Auditor; Chartered Global Management Accountant

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