Internal Audit Management
Resume:
RUSSELL J. CASO
Canton, Georgia 30114
Home: 770-***-****
Cell: 678-***-****
***********@***.***
EXECUTIVE SUMMARY
Leadership and hands-on experience in all aspects of Internal Auditing, Sarbanes-Oxley compliance, financial reporting and analysis, risk assessments, enterprise risk management, corporate controlling, financial services, business operations, change management, mentoring, team building, strategic planning, corporate administration, business development, Board of Director presentations, Audit Committee requirements and reporting, and other Corporate Governance matters.
CAREER ACHIEVEMENTS
ACCUME PARTNERS (The Outsourcing Partnership, LLC) 2004 – Present
Managing Director, Southeast Region
Professional Services and Internal Auditing Firm specializing in Corporate Governance, Risk Management and Compliance. Managing Director for the Firm’s Southeast Region responsible for Business Development, Recruiting, Training, Planning, Engagement Management, Service Execution and practice Leadership.
• Geographical responsibility for: North and South Carolina, Tennessee, Georgia, Florida, Alabama, Tennessee and Louisiana.
• Maintained Offices in Atlanta, GA and Ft. Lauderdale, FL.
• Integrated and Managed the relationship and business activities of Independent Bankers’ Bank Outsourcing LLC, an LLC owned jointly by Accume Partners and Independent Bankers Bank Corp., specializing in outsourced Internal Audit services for small Community Banks in Florida, Georgia and Alabama.
• Responsible for developing the National Practice for Network Security and Vulnerability Assessment services.
• Transformed practice from a predominantly Commercial Services client base to include Financial Services and Community Banking, adding an average of 5 new banks per year; while maintaining growth in Commercial Services.
• Grew practice from $1.2 million in revenue to over $7.0 million in annual revenue.
• Developed and implemented service offerings in Enterprise Risk Management, improved Risk Assessment techniques and reporting, integration of Risk Assessments with Internal Audit Planning, introduced Data Mining techniques for analyzing vast quantities of transactional data, Business Process Improvements, SEC/GAAP Compliance reviews, Fair Value Accounting implementation reviews and Sarbanes-Oxley Compliance Requirements for accelerated and non-accelerated filers.
• Facilitated the expansion of Information Technology Risk Management services such as Disaster Recovery Planning and Testing, Business Continuity Planning, Network Security, Social Engineering and Vulnerability Assessments.
• Member of team that developed training curriculum for New Hires.
• Member of Firm Operating Committee.
Representative Clients:
• Scientific Games – gaming industry (lotteries, electronic gaming, manufacturing, printing); implemented Sarbanes-Oxley compliance program, General Ledger Account reconciliation projects, prepared accounting policy and financial reporting manual, internal audit projects, developed internal audit function.
• EMS Technologies – wireless communications manufacturer and defense contractor; implemented Sarbanes-Oxley compliance program, internal audit projects.
• S1 Corporation – financial services software developer and data center; Enterprise Risk Management project (integrating same with Internal Audit function), Business Impact Analysis, Business Continuity Plan, Disaster Recovery Plan, management of Internal Audit Function, Sarbanes-Oxley Compliance.
• First Franklin Financial – consumer finance; Sarbanes-Oxley implementation (non-accelerated filer).
• Omni National Bank – publically held Community Bank; Sarbanes-Oxley implementation, Internal Audit, FDICIA compliance auditing, BSA/AML compliance.
• Ricoh Americas – office products; Internal Audit – transactional analysis of large volumes of data using Datamining techniques in order to assess the propriety of freight charges.
• Sciele Pharmaceutical – life sciences manufacturer and distributor of prescription drugs; Sarbanes-Oxley implementation, internal control gap analysis and control rationalization.
• Tandus – floor covering manufacturer; segregation of duties analysis, internal controls analysis, assessment of general computer controls.
• The Brand Banking Company – community bank; Internal Audit.
• Wegener Corporation – cable TV products manufacturer; Sarbanes-Oxley implementation (non-accelerated filer).
• General Electric Energy – power generation manufacturer; Sarbanes-Oxley process review and analysis.
• Mohawk Industries – floor covering manufacturer; Import Duty data compilation and filing requirements review and analysis.
• SecureWorks – third party network security; Internal Control Gap Analysis, business impact analysis.
RESOURCES CONNECTION, INC. 2003 – 2004
Associate
International Professional Services Firm that provides accounting, finance and internal audit professionals to clients on a contract basis.
• Client project: Financial analysis and restatement at MCI, including restatement of revenue for the Wireless Group.
HEIDELBERG AMERICAS, INC. 1989 – 2003
Director, Corporate Audit (2000 – 2003)
Heidelberg is a manufacturer of printing and publishing equipment. Chief Internal Audit executive for business operations in North and South America.
• Implemented control self-assessments, enterprise risk assessments and other measures in order to achieve compliance with Sarbanes-Oxley requirements.
• Strengthened travel and entertainment policies yielding annual savings in excess of $1.0 million for US operations.
• Identified best practices for research and development project management resulting in more reporting transparency and consistency among all business units.
• Identified customer finance procedure improvements that correctly identified the risks and exposure associated with lending practices in the Brazilian market.
• Recommended use of export insurance for factory shipments to foreign markets, limiting bad debt exposure.
• Proposed the implementation of a disaster recovery plan for certain manufacturing operations.
• Recommended improvements to the physical security of US warehousing operations, mitigating the risk of loss and reducing write-offs by $50.0 thousand per month.
Vice President of Finance and Administration – Heidelberg Publishing Systems, Inc. (formerly Linotype-Hell Company) (1997 – 2000)
Chief Financial Officer for this $250.0 million subsidiary of Heidelberg. Responsible for all aspects of financial reporting, accounting, treasury management, order management, information technology, human resources, employee benefits, planning, corporate taxation, and facilities management.
• Converted business operating data processing system, saving $ .5 million annually in IT costs.
• Consolidated three business operations (including headquarters, logistics and manufacturing) into one facility, saving over $1.5 million annually.
• Restructured the company, transferring operations to Germany (manufacturing, R&D) and Georgia (logistics, customer service administration), saving $12.0 million per year.
• Successfully executed the restructuring on time and under budget resulting in a $2.0 million release of the contingency reserve.
Controller – Ultre Division, a Division of Linotype-Hell Company (1989 – 1997)
Directed all financial reporting, corporate services, manufacturing resource planning and operations for this $25.0 million Division.
• Appointed to special team assigned to integrate the operations of Ultre with Heidelberg.
• Automated the order processing and accounts receivable functions.
• Executed the transition to selling complete product solutions for prepress printing applications, increasing annual sales by $10.0 million.
• Established a manufacturing resource planning system, improving production efficiency and inventory management.
• Established cycle counting procedures to verify inventory accuracy.
• Supported the establishment of foreign sales and service facilities in Europe and the Far East, increasing annual sales by $5.0 million.
ADDITIONAL RELEVANT EXPERIENCE
Chief Financial Officer of Esprit Systems, Inc. 1985 – 1989
Designed, developed and marketed video display terminals.
• Secured $6.0 million in equity financing from offshore source.
Controller of The Harvey Group, Inc. 1983 - 1985
Retailer of high-end audio-visual equipment and food brokerage operation.
• Negotiated early settlement of real estate operating leases saving over $.2 million per year.
Assistant Controller of Diplomat Electronics, Inc. 1982 –1983
Distributor of electronic components.
• Established the operations and audit functions.
Senior Accountant at Ernst & Young, CPA 1979 - 1982
• Documented and published the accounting policies and practices manual for a major client.
EDUCATION AND PROFESSIONAL DEVELOPMENT
Long Island University, Accounting (Bachelor of Science 1979), Greenvale, NY
Seminars in: Internal Auditing, Sarbanes-Oxley Compliance, COSO-Based Auditing, Total Quality Management, Strategic Planning, Balanced Scorecards, Corporate Taxation, Enterprise Risk Management, Internal Audit Datamining and Continuous Auditing
ASSOCIATIONS and ORGANIZATIONS
Institute of Internal Auditors
The Financial Executives Networking Group
St. Michael the Archangel Jobs and Careers Ministry
HONORS
Bachelor of Science in Accounting, Cum Laude
National Honor Society of Business Administration, Delta Mu Delta, Nu Chapter
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