Finance Manager/Controller
Resume:
Jon Classon, CPA
Sugar Hill, GA 30518
**********@*****.***
EXPERIENCE:
McKesson Provider Technologies (Medical Software) 11/06-05/10
Manager-Technical Accounting
• Prepared formal instructions for contract accounting around proper software revenue recognition as prescribed by SOP 97-2, and SOP 81-1. Responsible for all new deals signed in the West Region which annually exceeded $100 million in new bookings.
• Utilized as the technical expert during extensive, highly negotiated contract agreements with large hospitals, health insurance providers, and national pharmacy chains. Provided prospective revenue guidance for large contracts ranging from $250K to $25 million for all new deals signed in the West Region.
• Led a team of five tasked with monitoring and improving processes for a deferred revenue balance of $900 million dollars. Team improvements led to $38 million of unexpected revenue/income for the fiscal year. In particular, tenacious research and internal policy challenges resulted in a $4.1 million revenue pickup in a single department. In charge of presenting results to all Senior Management, including CFO, CAO, and President-Sales.
• Responsible for on-boarding the acquisition of RelayHealth, a web-based communication services provider. This was the first subscription based platform sold by McKesson. Tasked with learning the product/contract and absorbing/refining their processes into McKesson.
• Subject Matter Expert to Cap Gemini on a $30 million Business Redesign Project to update an inefficient sales and contracting process. Acted as a lead designer for implementation of Selectica Contract Management System and developing an integrated SAP workflow
S1 (Banking Software) 12/04-10/06
Manager-Accounting Standards & Practices
• Primary Corporate representative for all Sarbanes-Oxley (SOX) documentation, identification/remediation of control gaps, test planning, and correction of exceptions and/or design deficiencies.
• Guided eight external (PWC) and four internal auditors through the initial 2004 SOX audit which resulted in zero material weaknesses.
• Responsible for educating the Assistant Controller, Director of Financial Reporting, Sr. Manger of Revenue, Tax Director, Human Resources, Sales, and International Controllers on SOX compliance and Corporate policies.
• Created or enhanced numerous controls including but not limited to:
o detailed P&L analysis and robust management reports for all divisions
o fluctuation analysis-Revenue by customer, by revenue stream
o SEC quarterly binders with external support and independent mathematical and cross-check reviews.
• Initiated a quality control process for proposing and approving control changes.
• Maintained and ensured data integrity of the SOX documentation database. Monitored the database and developed a system to verify that key processes with each cycle meet necessary accounting assertions.
• Developed a consolidated policies and procedures manual for the Corporate accounting department
• Worked on behalf of internal audit to test complicated areas where their skill-set was limited for the cycle (ex. income tax provision and sales tax). Also, assisted testing international divisions to keep compliance costs to a minimum.
• Performed self-assessments on behalf of control owners to demonstrate methods of improving their percentage for ensuring compliance.
• Member and Secretary of the SEC Disclosure Committee which is responsible for reviewing all SEC filings and ensuring adequate disclosure.
• Developed and led the Accounting Research Committee to stay abreast of new accounting pronouncements and tax regulations. Assisted with sourcing and acquiring accounting research software to enable timely updates and adequate research.
Solomon Edwards Group (Consulting) 4/02-11/04
Consultant
• Led a Sarbanes-Oxley (SOX) implementation team of three to assist S1 with beginning their 2004 documentation and testing. Worked with various departments to document their processes and internal controls
• Co-led a SOX implementation team for Georgia-Pacific (NYSE, GP). Trained personnel on internal control systems documentation and testing. Developed several audit programs and corresponding work-paper templates. Worked with managers to transition the department from an operational to a financial audit approach. Tested A/P, A/R, and Inventory cycles in their Construction materials distribution, packaging, paper, and Corporate divisions/departments.
• Independent consulting work-Transitioned a private company to a division of Huffy Corporation (NYSE, HUF). Trained management on SEC requirements, GAAS and GAAP reporting.
Road Atlanta, Ltd. (Motorsports) 12/99-3/02
Corporate Controller
• Full responsibility for all financial aspects of this motorsports entertainment complex, which consists of three race tracks (Road Atlanta, Sebring, Mosport) and racing schools (Panoz Racing School).
• Specifically hired to overhaul weak, unproductive accounting procedures and prepare the Company for a future public offering.
• Managed to turn a large prior year loss into a current year gain, undergo three corporate audits, and remove a Georgia sales tax lien in the first overhaul year.
• Assisted in Texas Motor Speedway, Canada, and Suzuki Motorcycle School expansions. Sold sponsorships to customers and assisted the public relations department with promotions, newspaper, and television coverage.
Video Display Corp., NASDAQ (VIDE) 10/97-12/99
Corporate Controller
• Consolidated sixteen U.S./foreign entities for officer review.
• Supervised ten entity controllers / accounting managers.
• Compiled the financial statements for SEC compliance regarding 10-Q & 10-K reporting.
• Related financial information to outside auditors and investors.
• Reviewed systems and implemented improvements.
• VIDE had 800 employees, $80 MM in sales, and $60 MM in assets.
Brockway Standard Corp., NYSE (BY) 4/97-9/97
Senior Accountant
• Divisional Controller of a $7 MM Canadian entity.
• Assisted in the consolidation of multiple manufacturing facilities.
• Prepared financial support for annual audit.
• BY had annual sales in excess of $500 MM.
BDO Seidman, LLP - (International Accounting Firm) 9/95-3/97
Staff Auditor II
• Primarily audited medium sized public companies.
• Audited clients in the manufacturing, high tech, real estate and construction industries.
• In-charge for smaller clients thereby maintaining full responsibility for audit report and partner approval.
• Performed analytical reviews, tested internal controls, verified balance sheet items, assisted clients in footnotes and disclosures. Assisted/trained clients on proper inventory counting/control methods. Consulted companies on policy and procedure improvements.
• Supervised and trained first year auditors.
Computer Background
SAP, Oracle, Softrax (software revenue recognition), Sage (specializes in international currency transactions), AS400 platform based, Peachtree for Windows, Quick-books, Quicken, Selectica Contract Management, Fixed Asset System, MP2 (inventory bar-coding & scanning) statistical sampling software, Microsoft Excel/Word/Access/Visio, Visual Assurance (internal control documentation), Ascent Capture 5.0 (scans invoices for electronic storage), Workflow, ADP Payroll for Windows, Lotus, Lotus Notes, Quattro Pro, and various banking software.
Certifications/Affiliations
Certified Public Accountant - Active
Georgia Society of CPA’s
EDUCATION:
University of Tennessee - Masters of Accounting, Dec. 1994
University of Tennessee - Bachelors of Science - Finance, Dec. 1992
UT Co-Op Program – General Electric Marketing for 3 Semesters
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