Matthew Wray
Chicago,IL
Summary
Results-driven Managing Director with 20+ years of progressive leadership experience in accounting advisory, financial reporting, and business development. Proven track record of building and scaling practices, driving profitable growth, and delivering complex technical solutions for middle-market private equity sponsors and portfolio companies. Expert in purchase accounting, SOX readiness, revenue recognition, and technical accounting standards with demonstrated ability to expand client relationships and generate significant cross-service line revenue.
Overview
22
22
years of professional experience
Work History
Managing Director, Accounting Advisory
Riveron Consulting
01.2023 - 01.2025
- Generated $2M in sold revenue and managed $3.7M in total revenue (2025 actuals through 6/30 plus sold and forecast)
- Transformed $275K, 10-week engagement into $2.8M client relationship over 18 months through strategic expansion including accounting clean-up, integration, valuation, purchase accounting, interim management, audit readiness, NetSuite implementation, and tax support
- Drove profitable growth through disciplined use of offshore resources on 50%+ of client engagements, expanding margins while maintaining quality
- Achieved zero write-offs in 2024-2025 with exceptional collections performance (~$15K A/R >60 days)
- Client Development & Revenue Growth
Managing Director, Accounting & Reporting Advisory
Deloitte LLP
01.2022 - 01.2023
- Recruited to build dedicated ARA practice targeting middle-market private equity portfolio companies
- Served as Quality Reviewer on complex ASC 810 consolidation engagements
- Developed go-to-market strategies and client targeting for New York ARA practice expansion
Director, Accounting Advisory
Riveron Consulting
01.2019 - 01.2022
- Lead complex technical accounting projects including purchase accounting, cash-to-GAAP conversions, and new accounting standard adoptions (ASC 842, ASC 606)
- Serve as subject matter expert consulting with firm's national Accounting Consulting Group on complex and judgmental client issues
- Support SOX readiness projects for IPO and De-SPAC transactions with focus on control design and remediation
- Technical Excellence & Quality Leadership
Director, Accounting Advisory Services
KPMG LLP
01.2016 - 01.2019
- Managed complex client engagements across technical accounting, accounting changes, buy-side transactions, and external audit support
- Led technical research and client position documentation on consolidation, lease accounting, business combinations, and securitization transactions
- Developed and piloted Chicago office best practices subsequently rolled out firmwide
- Managed comprehensive people development programs including campus recruiting, lateral hiring, and staff engagement initiatives
Assistant Controller
TICC Capital Corp.
01.2015 - 01.2016
- Managed external SEC financial reporting and quarterly close processes for publicly-traded BDC
- Led technical accounting consultations on fair value measurement, contingencies, and beneficial interests in securitized assets
- Designed and implemented SOX compliance framework and coordinated external audit relationships
Senior Manager, Assurance
PwC LLP
01.2003 - 01.2015
- Advanced through progressive leadership roles in Banking & Capital Markets, Asset Management, and Real Estate industry groups
- Managed multiple concurrent audit engagements with responsibility for planning, staffing, budgeting, and execution
- Extensive experience with SEC filings, IPOs, and public debt/equity issuances under 1933/1934 Acts
- Led technical accounting research and National Office consultations on complex client matters
Education
Bachelor of Science - Accountancy
Miami University
Oxford, OH01.2003
Skills
- Technical Expertise: Purchase Accounting
- Revenue Recognition (ASC 606)
- Lease Accounting (ASC 842)
- Consolidation (ASC 810)
- SOX Readiness
- Fair Value Measurement
- SEC Reporting
- Industry Focus: Private Equity
- Middle Market M&A
- SaaS
- Manufacturing
- Financial Services
- Alternative Investments
- Real Estate
- Leadership: Practice Development
- Business Development
- Strategic Planning
- People Development
- Cross-functional Collaboration
- Client Relationship Management
Community Service
Roads to Success, Educational non-profit providing enhanced education opportunities for underserved NYC communities, Board of Directors, New York, NY, Educational non-profit providing enhanced education opportunities for underserved NYC communities
2025 SELECT CLIENT ENGAGEMENTS
- Private Equity Platform Expansion | $850K+ Total Revenue
- Led comprehensive accounting function transformation for middle-market PE sponsor's professional services acquisition, delivering purchase accounting, cash-to-GAAP conversion, management reporting packages, and performance dashboarding
- Expanded initial $650K platform engagement to include $200K+ for each subsequent add-on acquisition through strategic relationship building and value delivery
- Green Energy Manufacturing - SOX Readiness | $650K Revenue
- Directed SOX readiness initiative for private green energy manufacturer, expanding scope to include comprehensive cross-service line remediation across multiple material weaknesses
- SaaS Revenue Recognition Defense | Big 4 Challenge
- Successfully defended PE-backed SaaS provider's long-standing revenue recognition policy against Big 4 national office challenge, preserving client's preferred historic accounting treatment
- Multi-Acquisition Portfolio Support | 3+ Year Relationship
- Managed purchase accounting and valuation for 12+ add-on acquisitions for PE-backed packaging manufacturer, providing ongoing technical accounting and transaction structuring advisory services
Timeline
Managing Director, Accounting Advisory
Riveron Consulting
01.2023 - 01.2025
Managing Director, Accounting & Reporting Advisory
Deloitte LLP
01.2022 - 01.2023
Director, Accounting Advisory
Riveron Consulting
01.2019 - 01.2022
Director, Accounting Advisory Services
KPMG LLP
01.2016 - 01.2019
Assistant Controller
TICC Capital Corp.
01.2015 - 01.2016
Senior Manager, Assurance
PwC LLP
01.2003 - 01.2015
Bachelor of Science - Accountancy
Miami University