Scott Boydston, CPA, CIA, CFE
Resume:
Scott E. Boydston, CPA, CIA, CFE
Keller, Texas, 76248
**********@*********.***
Summary:
An organized, detail-oriented leader with nineteen years of professional and management experience in audit services, accounting, finance, and risk management. A proven track record of achievement and advancement within the real estate, homebuilding, manufacturing, financial services, banking, semiconductor, and defense industries.
Areas of Expertise:
• Enterprise Risk Management
• Training / Mentoring / Talent Management
• Best Practice Identification
• Sarbanes-Oxley / COSO
• New Department Start-ups and Existing Department Re-engineering
• Linking Control Effectiveness with Enhanced Company Performance
• Fraud Investigations
• Cost-Effective Delivery of Assurance Services
• GAAP / FASB
• Financial Statement Analysis
Professional Experience:
Boydston Holdings, LLC, Fort Worth, Texas
Principal of real estate investment and management firm. 2003 - Present.
Own and manage portfolio of real estate investment properties. Also manage real estate investment purchases and sales.
D. R. Horton, Inc., Fort Worth, Texas
Vice President and Director of Internal Audit. 2003 – March 2008.
Led $2M+ budget assurance function (operational, financial, compliance, IT) for the nation’s largest homebuilder and one of the country’s largest mortgage and title originators (Fortune 160 company).
Key Achievements:
• Re-engineered the newly created audit department into a best-in-class audit organization and one that competitor company audit department heads continually contacted for guidance.
• Developed the enterprise risk management, risk assessment, and audit plan methodologies.
• Operated the audit function with a budget and headcount 35% less than competitor audit departments but with more robust audit coverage and assurance deliverables.
• Established an electronic audit methodology for all aspects of the department’s operations.
• Established periodic reporting protocols with the audit committee and senior management of the audit plan progress and the company’s overall control environment.
• Implemented a continuous auditing program initially focused on cash disbursements controls and the identification of duplicate and/or erroneous vendor payments. Recovered $1.3M in overpayments the first year and $1.1M the second year.
• Established the department’s procedures for the development, training, and mentoring of 15-20 professionals (staff, senior, and manager level).
• Led the company’s initial and ongoing Sarbanes-Oxley activities for planning, resource allocation, documentation, testing, and communication with senior management, the audit committee and the company’s external auditors.
• Created guest auditor program where subject matter experts throughout the company participated on selected audits. Program enhanced quality of audits and pollinated best practices and control awareness throughout the company.
• Established relationships throughout the organization to foster an environment where personnel would proactively contact internal audit for advice on control and risk issues.
Centex Homes (Subsidiary of Centex Corporation), Sacramento, California.
Division Controller. 2002 – 2003.
Led the accounting and financial function for a $350M division (Fortune 500 company). Duties included supervising staff of eleven personnel; coordinating budgeting and financial planning; managing the monthly and quarterly financial close process; and reporting of financial data to the corporate office. Also coordinated the division’s annual audit; developed the annual business plan and monthly projections; reviewed financial statements, analyzed variances, and presented financial information to management. Duties also included managing the sales and escrow function.
Key Achievement:
• Established the accounting/finance function as a partner with division operating management to pro-actively provide input regarding sales pricing, cost reduction analysis, and vendor selection. Efforts helped division improve bottom line margins.
Centex Homes (Subsidiary of Centex Corporation), Dallas, Texas.
Director of Internal Audit. 1998 – 2002.
Led the audit department for the homebuilding operation of one of the nation’s largest homebuilders (Fortune 500 company). Directed all aspects of audit department including engagements, special projects, and staffing.
Key Achievements:
• Established the homebuilding group audit department.
• Developed the annual risk assessment and audit planning methodology.
• Established protocols over project management, audit workpaper documentation, and audit reporting.
• Assisted with management of subcontractor wrap-up insurance program including financial analyses, administration, claims management, and communication with subcontractors, brokers, and carriers.
• Monitored and advised on contract agreements for indemnity and insurance provisions.
Centex Corporation, Dallas, Texas.
Senior Audit Manager. 1994 – 1998.
Planned and managed financial, operational, compliance and IT audits of Centex companies including the Financial Services (mortgage, title, and insurance), General Construction, and Construction Products businesses (Fortune 500 company). Assisted external auditors with annual financial audit and special engagements.
Key Achievement:
• Assisted with due diligence for four successful company acquisitions.
Texas Instruments, Inc., Dallas, Texas.
Senior Auditor. 1989 – 1994.
As a member of the company’s audit department of eighty-five audit professionals, assisted with planning and performing financial, operational, and compliance audits of the company’s Semiconductor, Defense, Consumer Manufacturing, and Information Technology businesses (Fortune 500 company). Audit scope also included Texans Credit Union (subsidiary of Texas Instruments) which was a $1 billion + full service banking center with multiple branches.
Education:
University of Texas, Arlington, Texas. B.B.A. Accounting.
Professional License / Certifications:
Certified Public Accountant (CPA)
Certified Internal Auditor (CIA)
Certified Fraud Examiner (CFE)
Certified Management Accountant (CMA). Candidate. Successfully passed three parts of four-part examination.
Six Sigma Certification. Candidate. Currently pursing certification.
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