Jim Taubert, CPA, President

KEY ACCOMPLISHMENTS

  • Reduced month-end close process by 55 days, slashed costs 50%, and surged efficiency 66% by reengineering accounting, finance, and payroll, and fusing treasury and cash management functions.

  • Captured over $500K annually in unbilled revenue by analyzing fluctuations and discrepancies in daily job reports.

  • Crystallized management investment decision-making by implementing processes to capture total job costs.

  • Completed integration and implementation of existing ERP system, mitigated risk, time, and cost-savings.

  • Uncovered and shut down ongoing payroll fraud through segregation of duties and internal controls.

  • Generated savings opportunities of over $500K through state sales tax negotiations.

SUMMARY OF QUALIFICATIONS

  • Business Growth

  • Mergers and Acquisitions

  • Financial Reporting

  • Strategic Planning and

  • Execution

  • Turnarounds

  • Change Management

  • Treasury Management

  • Process Optimization

  • SOX, Audit, Tax Compliance

  • Budgeting and Forecasting

  • “Big 4” Audit

INDUSTRIES

  • Oil and Gas Logistics

  • Manufacturing

  • Mechanical Services

  • Financial

  • Mortgage Banking

  • Commercial Real Estate

  • Hospitality

Our Team

Don Phelan, CPA, Partner

KEY ACCOMPLISHMENTS

  • Identified duplicate vendor payments and related party disbursements using IDEA data analytics software. Review led to improved accounts payable process.

  • Evaluated effectiveness of estimating, billing, equipment usage and cash management functions. Reviewed audit findings with management.

  • Reviewed system access and functions for compliance with segregation of duties controls.

  • Completed a review of funds transfer process, evaluated adequacy of internal controls and proposed control enhancements.

  • Managed business continuity for Division including development and maintenance of plan documentation and planning, coordination and evaluation of annual business continuity exercise.

  • Achieved a high level of client satisfaction in administering five structured finance transactions with $1.5 billion in collateral.

  • Closed four new structured finance transactions in six months resulting in significant new revenue.

  • Identified a control weakness that resulted in implementing a procedure to ensure all accounts were billed in a timely manner.

SUMMARY OF QUALIFICATIONS

  • SOX, Audit, Internal Controls

  • Process Documentation and

  • Improvement

  • General Accounting

  • Financial Reporting

  • “Big 4” Audit

INDUSTRIES

  • Specialty Construction

  • Financial Services

  • Manufacturing

Contact Us

EMAIL

JTaubert@FLXCFO.com

Phone
(817) 980-4225