Expert Details
Internal Audit & Risk Management
ID: 739375
Texas, USA
Currently, he is the VP of internal Audit at a diversified homebuilding and land development company that acquires and develops land, and provides land and construction financing to its subsidiary homebuilders. In his prior role, he was the Head of Internal Audit for a billion dollar, publicly traded, building materials company.
Overview of Key Skills:
• Sarbanes-Oxley Compliance
• Enterprise Risk Management
• Fraud Risk Assessment
• Data Analysis
• IPO Preparation
• Start-Up Company Experience
• Risk-based Audit Methodology
• Coaching and Mentoring Staff
• Project Management
• Audit Committee Presentations
• Ethics Hotline Management
• Investigations
Education
| Year | Degree | Subject | Institution |
|---|---|---|---|
| Year: 1992 | Degree: MBA | Subject: Finance/Business Administration | Institution: Baylor University |
| Year: 1991 | Degree: Bachelor of Commerce | Subject: Finance/Marketing | Institution: University of Saskatchewan |
Work History
| Years | Employer | Title | Department |
|---|---|---|---|
| Years: 2022 to Present | Employer: Undisclosed | Title: VP of Internal Audit | Department: Internal Audit |
Responsibilities:• Lead the Internal Audit function for a $2 Billion publicly traded home building company.• Oversee the Sarbanes-Oxley (SOX) compliance process for the Company. |
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| Years | Employer | Title | Department |
| Years: 2013 to 2022 | Employer: U.S. Concrete | Title: Head of Internal Audit | Department: Internal Audit |
Responsibilities:• Led the Internal Audit function for a $1.5 Billion publicly traded building materials company.• Oversaw the company’s Sarbanes-Oxley (SOX) compliance procedures. Redesigned the entire SOX process, resulting in increased assurance while reducing Department expenses by 45%. • Identified cost savings and recoveries, including: o $400,000 in duplicate payments to vendors. o $300,000 in annual savings due to auto allowance eligibility and compliance issues. o $250,000 in annual savings opportunities from properly applying sales tax exemptions. • Helped ensure that established financial, operational and compliance practices were adequate and operating effectively across the organization. • Developed a dynamic annual Internal Audit plan using a risk-based methodology. • Advised management in the reengineering of regional processes to ensure control processes were appropriate. • Created and facilitated the Company’s annual enterprise risk assessment. • Achieved with zero turnover in the Internal Audit Department during my tenure. • Managed the Company’s Whistleblower/Ethics Hotline program. |
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| Years | Employer | Title | Department |
| Years: 2003 to 2013 | Employer: Metro PCS | Title: Director of Internal Audit and Risk Management | Department: |
Responsibilities:• Created what the CFO referred to as a world class audit organization from scratch.• Helped transform MetroPCS weak internal control structure of a startup company to an $8 Billion publicly traded company with a strong internal control structure. • Collaborated with management to assess and develop internal controls necessary to ensure the company was ready to execute a successful IPO. • Created and implemented the process MetroPCS used to complete a comprehensive company-wide risk assessment identifying critical operational risks. Created an annual audit plan to address the top risks from the risk assessment. • Developed and implemented policies and procedures used to guide and direct the Internal Audit Department. The firm that performed the external Quality Assessment Review concluded that MetroPCS’ Internal Audit Department was one of the top audit functions it had evaluated. • Identified opportunities for control improvement and operational efficiencies. Examples include: o Found approximately $800,000 in overpayments to vendors that MetroPCS recovered. o Identified a gap in internal controls over the online ordering of handsets by MetroPCS dealers. Worked with management to identify controls that would be implemented to address control gap. The company had lost approximately $700,000 annually in handset subsidies prior to the control improvement. o Discovered $400,000 in annual savings from unnecessary wireless expenses. Drafted the policy that was implemented to provide company-wide guidance for wireless expenses. • Directed and performed sensitive investigations that have resulted in significant improvements in company operations, gaining both efficiency and stronger controls. |
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| Years | Employer | Title | Department |
| Years: 2001 to 2003 | Employer: TXU Energy | Title: Senior Auditor | Department: |
Responsibilities:• Lead operational and compliance audits of energy delivery and accounting business units.• Evaluated business units’ compliance with Sarbanes-Oxley, including testing key internal controls. |
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| Years | Employer | Title | Department |
| Years: 1993 to 2001 | Employer: Texas State Auditor's Office | Title: Managing Senior Auditor | Department: |
Responsibilities:• Responsible for the on-going risk assessment for the Texas Department of Transportation ($5 Billion budget).• Testified to the House Appropriations Committee regarding Department of Transportation control issues. • Conducted investigations, coordinating with other organizations (Texas Rangers, DPS, and FBI). • Managed four direct reports and supervised project teams consisting of three to 12 auditors. |
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Career Accomplishments
| Licenses / Certifications |
|---|
| • Certified Internal Auditor (CIA) • Certification in Risk Management Assurance (CRMA) |