AUGUST A. HEHEMANN
Chesterfield,VA
Summary
Finance and Accounting Executive experienced in Chief Financial Officer and Controller roles across retail, distribution, public sector, and hospitality. Achieved enhanced cash management capabilities through implementation of cash forecasting strategies using NetSuite ERP and ensured accuracy of financial reporting by preparing account reconciliations and supporting audit processes. Focused on improving accounting controls and supervising accounting teams within complex financial environments.
Overview
41
41
years of professional experience
Work History
Accounting Contractor
Mediko, Inc.
Richmond, VA
03.2026 - Current
- Prepared account reconciliations, facilitating smooth 2025 audit process.
- Implemented cash forecasting process using NetSuite ERP.
- Reconciled general ledger accounts and payment entries.
- Processed healthcare invoices, ensuring accuracy in Mediko, Inc. accounting records.
- Reviewed and verified vendor bills for accuracy and appropriate coding.
- Completed all the company's business licensing annual filings.
- Correctional healthcare company (with $80 million annual revenues) that provides comprehensive medical and mental health services to correctional facilities.
Finance and Accounting Consulting Temporary Assignments
State of Virginia Department of Medical Assistance Services
Richmond, VA
01.2015 - 01.2025
- Executed financial analysis and updated reporting policies and procedures to enhance accuracy and compliance.
- Managed daily operations to ensure smooth workflow.
- Contributed innovative ideas and solutions to enhance team performance and outcomes.
- Worked successfully with a diverse group of coworkers to accomplish goals and address issues related to our products and services.
Finance and Accounting Consulting Temporary Assignments
Garces Restaurant Group
Philadelphia, PA
01.2015 - 01.2025
- Prepared debt covenant calculations and financial schedules, reconciled balance sheet accounts and assisted in an annual audit process.
- Executed daily tasks with precision in a fast-paced environment.
- Developed and implemented creative solutions that improved team collaboration and project outcomes.
- Worked successfully with a diverse group of coworkers to accomplish goals and address issues related to our products and services.
Finance and Accounting Consulting Temporary Assignments
North American Seafood Holdings
Wilton, CT
01.2015 - 01.2025
- Served as a board member, treasurer, and tax manager for a seafood distribution company that imports and sells seafood products.
- Executed daily finance and accounting tasks with precision and reliability.
- Proposed and implemented creative solutions that improved team collaboration and project outcomes.
- Worked successfully with a diverse group of coworkers to accomplish goals and address issues related to our products and services.
Finance and Accounting Consulting Temporary Assignments
Sickles Markets
Little Silver, NJ
01.2015 - 01.2025
- Served for six months as interim controller for this retail food and garden supply company with annual revenues of $23M.
- Executed daily operational tasks with precision in a fast-paced environment.
- Developed innovative ideas and solutions that improved team outcomes.
- Worked successfully with a diverse group of coworkers to accomplish goals and address issues related to our products and services.
Interim Controller-Contractor
City of Richmond
Richmond, VA
11.2021 - 05.2022
- Supervising the timely completion of all accounting processes necessary to complete the City's monthly financial reporting requirements.
- Supervising the timely completion of all accounting processes necessary for the City's monthly financial reporting requirements.
- Supported COR ERP upgrade initiatives, automating cash account reconciliation process.
- Fostered an effective accounting team environment for finance co-workers.
- Ensured a positive accounting team environment to facilitate teamwork among finance co-workers.
- Supervised the general accounting, payroll, and accounts payable finance departments.
Chief Financial Officer
Pennsylvania Liquor Control Board (LCB)
Harrisburg, PA
01.2009 - 01.2014
- Hired CIO and directed the organization's successful implementation of Oracle ERP system. Assisted LBC in its $18 million POS upgrade and order portal system implementation.
- Reorganized real estate department and implemented new leasing administration system for 604 retail stores and 3 distribution centers. Initiated market study to develop a plan to optimize LCB store portfolio and distribution network.
- Assisted store operations and logistics in developing and implementing initiatives to reduce inventory investment ($90 million) and operating costs in stores ($8 million).
- Directed cost and price analysis of all LCB products to establish retail and promotional pricing strategies, proposing changes to markup model and value pricing across product categories.
- Assisted store operations and logistics in developing and implementing initiatives to reduce inventory investment ($90 million) and reduce operating costs in stores ($8 million).
- A state controlled retailer and distributor of spirits and wines with annual revenues of $2.2 billion to be included in the State of Pennsylvania's CAFR.
Chief Financial Officer
Brooks Provisions
Philadelphia, PA
01.2007 - 01.2009
- Led the development of an enterprise strategic plan, budget, and financial objectives.
- Implemented management incentive plan focusing on ROI, operating cash flow, customer sales growth, and gross margin rates by product category.
- Established initiatives that reduced working capital, achieving a 3-day improvement in DSO and a 5-day improvement in DIO.
- Streamlined disbursement procedures and negotiated extended payment terms with major suppliers.
- Managed operations for a regional foodservice distribution company.
Divisions/Operations Controller
U.S. Foodservice, Inc.
Columbia, MD
01.2005 - 01.2007
- Reported to Corporate Controller for a public foodservice distributor with annual revenues more than $19 billion and 82 distribution centers.
- Developed accounting procedures and policies for division and region annuall revenues of al implementation.
- Streamlined period and quarterly financial reports; prepared financial scorecards and standard IFRS reporting templates to enhance clarity and accuracy.
- Directed the documentation and implementation of Sarbanes-Oxley.
- Identified weaknesses in division financial reporting processes and implemented corrective actions to improve financial reporting procedures; resulting in the development of the Regional Control Framework template.
- Reported to the Corporate Controller for a public foodservice distributor with annual revenues more than $19 billion and 82 distribution centers.
- Served as Southeast Region Controller from 2004 to 2005
Chief Financial Officer
Capital Lighting and Supply
Washington, DC
01.2002 - 01.2004
- Developed three-year strategic plan that resulted in a $4.5 million increase in EBITDA.
- Managed operations for an electrical products distribution company with annual revenues of $145 million and 19 retail outlets.
- Implemented branch-level financial reporting using existing software capabilities; established financial benchmark goals for DSO, DPO, and inventory days.
- Streamlined inventory management by reducing SKUs, establishing EOQ levels, and reallocating SKUs in distribution center to enhance selection productivity.
Consultant
Lumber and Building Supplies
01.1997 - 01.2001
- Acted as CFO for this private equity owned entity with $225 million in revenues and 27 retail locations. Negotiated $60 million debt restructuring, achieving annual savings of $500K through identified cost reductions. Directed implementation of new POS system with e-commerce capabilities, upgrading accounting and inventory control software to enhance operational efficiency.
- Provided expert guidance to customers on selecting lumber and building supplies for their projects.
- Generated detailed quotes for construction orders by referencing store pricing and product catalogs.
- Suggested suitable product options to customers after evaluating job plans and measurements.
Consultant
York International Corporation
01.1997 - 01.2001
- Delivered acquisition services, focusing on strategic target development, valuation and forecast modeling, and due diligence reviews to support informed decision-making.
- Provided expert advice to customers on product selection on lumber grades and building supplies selections.
- Compiled detailed quotes for construction materials and special orders for construction materials and special orders.
- Addressed customer inquiries regarding product availability and pricing, ensuring timely and accurate information for informed purchasing decisions.
Consultant
Harry's Farmers Market
01.1997 - 01.2001
- Served as interim CFO for Atlanta based specialty food retailer, consulting on information systems software selection and optimizing inventory control.
- Provided expert advice on lumber and building supply options to customers
- Prepared quotes for construction materials and special orders
- Monitored inventory levels and assessed product availability to ensure stock readiness
VP - Chief Financial Officer
Eateries, Inc.
Oklahoma City, OK
01.1995 - 01.1997
- Oversaw operations of public restaurant chain with 85 locations and annual revenues exceeding $125 million.
- Prepared and filed all SEC reports (10-K and 10-Q) on time.
- Restructured insurance programs, achieving 17% reduction in annual premiums.
- Directed implementation of the marketing plan to drive sales growth both organically and through new unit openings. Same store sales increased by 12% per annum, and 28 new restaurants were opened in three years.
VP-Finance and Treasurer
Scrivner, Inc.
Oklahoma City, OK
08.1985 - 10.1994
- Led budgeting, forecasting, and financial planning for enterprise divisions.
- Oversaw department leaders and aligned goals with company objectives.
- Directed corporate strategy and executive priorities across Scrivner, Inc. operations.
Experienced Audit Manager
Arthur Andersen & Co.
Oklahoma City, OK
Education
B.S. - Accounting
University of Dayton
Dayton, OHSkills
- Certified Public Accountant
- Financial analysis
- Financial reporting
- Cash management
- Debt management
- Cash forecasting
- General ledger
- Account reconciliations
- Audit Process Improvement
- ERP systems expertise
- Risk Management
- Regulatory compliance
- Vendor Management
- Strategic Planning
Personal Information
Title: Finance and Accounting professional who has served as Chief Financial Officer and Controller in retail, distribution, city/state public sector and hospitality.
Timeline
Accounting Contractor
Mediko, Inc.
03.2026 - Current
Interim Controller-Contractor
City of Richmond
11.2021 - 05.2022
Finance and Accounting Consulting Temporary Assignments
State of Virginia Department of Medical Assistance Services
01.2015 - 01.2025
Finance and Accounting Consulting Temporary Assignments
Garces Restaurant Group
01.2015 - 01.2025
Finance and Accounting Consulting Temporary Assignments
North American Seafood Holdings
01.2015 - 01.2025
Finance and Accounting Consulting Temporary Assignments
Sickles Markets
01.2015 - 01.2025
Chief Financial Officer
Pennsylvania Liquor Control Board (LCB)
01.2009 - 01.2014
Chief Financial Officer
Brooks Provisions
01.2007 - 01.2009
Divisions/Operations Controller
U.S. Foodservice, Inc.
01.2005 - 01.2007
Chief Financial Officer
Capital Lighting and Supply
01.2002 - 01.2004
Consultant
Lumber and Building Supplies
01.1997 - 01.2001
Consultant
York International Corporation
01.1997 - 01.2001
Consultant
Harry's Farmers Market
01.1997 - 01.2001
VP - Chief Financial Officer
Eateries, Inc.
01.1995 - 01.1997
VP-Finance and Treasurer
Scrivner, Inc.
08.1985 - 10.1994
Experienced Audit Manager
Arthur Andersen & Co.
B.S. - Accounting
University of Dayton