Summary
Overview
Work History
Education
Skills
Timeline
Generic

Baron Payne

Glen Allen,VA

Summary

Talented financial leader with a proven record of establishing cross-functional partnerships to deliver stellar operational and financial results. Accomplished in reducing expenses, streamlining financial operations, and improving reporting functions for large and small organizations. Highly organized and systematic, with an in-depth understanding of Generally Accepted Accounting Principles (GAAP), Cost Accounting Standards (CAS), and other industry disciplines and regulatory requirements. Extensive experience at managing personnel, fostering productive working relationships, and working with executive leaders to develop business, financial, and growth strategies.

Overview

Work History

Assistant Controller

ASRC FEDERAL CORPORATION
  • Maintained general ledger for federal operations with revenues of $1.6 billion dollars
  • Ensured that monthly cost and revenue transactions are posted accurately and on schedule to facilitate various financial reporting deliverables
  • Created and maintained indirect cost pools and service centers
  • Performed financial statement consolidation for multiple legal entities including income statement, balance sheet, and cash flow
  • Prepared monthly inter-company reconciliations related to transactions between AFHC entities and ASRC Federal sister entities
  • Collaborated with Compliance department to ensure that incurred cost submissions are accurate, and organization adheres to federal regulations
  • Worked closely with Corporate Controller on implementing policies and procedures to facilitate ASC 606, ASC 842 and other regulatory compliance
  • Worked closely with Operation Vice Presidents and related Project Control Analysts on Costpoint reporting/set-up issues
  • Supervised six accounting professionals.

Senior Business Unit Accounting Analyst

SCIENCE APPLICATIONS INTERNATIONAL INC. (SAIC)
  • Managed revenue/general accounting support for Cyber Systems Business Unit with annual revenues in excess of $250 million
  • Ensured that all daily revenue recognition activities were completed on time and accurately
  • Reviewed and approved all Estimates at Completion used for revenue recognition
  • Facilitated Costpoint project set-up for all contracts with values in excess of $10 million
  • Reviewed, researched, and explained drivers and variations to project margin estimates greater than $25K
  • Met with Business Unit Controllers and Project Management staff to discuss financial trends and other accounting issues
  • Ensured that business unit accounting practices were compliant with GAAP, DCAA, Sarbanes-Oxley (SOX), and Cost Accounting Standards
  • Utilized internal workflow tools to ensure that proper approvals and documentation were obtained and centralized for various accounting processes
  • Performed quarterly financial reconciliations in preparation for Corporate 10-Q submission
  • Supported internal and external audit requests from Deloitte & Touche, DCAA, and internal audit committee
  • Participated in Group special projects as designated by Accounting Manager to meet special deadlines and/or create new efficiencies
  • Developed staff through internal/external training and maintained team-oriented and productive work environment
  • Supervised staff of four full-time employees.

Lead Revenue Analyst

SCIENCE APPLICATIONS INTERNATIONAL INC. (SAIC)
  • Managed revenue/financial support for Technology and Advanced Systems Business Unit with annual revenues in excess of $775M
  • Maintained internal controls and financial policies
  • Ensured that business practices were in accordance with SAIC policies and procedures, Sarbanes-Oxley, CAS, FAR, GAAP
  • Ensured timely and accurate financial compilation and reporting
  • Performed revenue recognition and prepared financial reports through use of sales and performance data
  • Provided written and verbal reports to management regarding financial performance
  • Acted as a key advisor to the business unit regarding financial matters
  • Supervised financial staff of three employees
  • Participated in Group special projects as designated by Project Accounting Manager
  • Interacted with technical and management staff to maintain open channels of communication.

Senior Operation Controller

SCIENCE APPLICATIONS INTERNATIONAL INC. (SAIC)
  • Managed complete financial support for Sensor Systems Operation within the Technology and Advanced Systems Business Unit with annual revenues in excess of $175M
  • Implemented and maintained internal controls and financial policies
  • Ensured that business practices were in accordance with SAIC policies and procedures, CAS, FAR, GAAP; executed self-audits
  • Ensured timely and accurate financial compilation and reporting
  • Performed revenue recognition through the sales analysis system
  • Prepared financial statements through the performance analysis system
  • Analyzed cost variances, reported the drivers and suggested methods of improvement
  • Provided data and reporting formats for all types and levels of program and operation reviews
  • Prepared written and verbal reports to management regarding financial performance
  • Led annual financial planning and forecasting efforts for the Operation
  • Acted as a key advisor to the Operation in all financial matters
  • Supervised financial staff of six employees.

Division Controller

SCIENCE APPLICATIONS INTERNATIONAL INC. (SAIC)
  • Responsible for the financial administration of assigned operations of four corporate divisions with combined revenues of over twenty million; duties included evaluation of Estimates at Completion (EAC)s; revenue recognition through Sales Analysis; closing of financial statements through Performance Analysis; preparation of mid-year and annual business plan forecasts; completing year-end close; Accounts Receivable analysis and troubleshooting; worked with Group Controller and operation managers to achieve financial and program objectives.

Billing Analyst

COMPUTER SCIENCES CORPORATION (CSC)
  • Prepared invoices for various types of government contracts; analyzed unbilled receivables; interpreted contracts and ensured compliance with billing terms requirements; interfaced with customers to resolve billing related issues; communicated with POCs and project managers on billing issues and provided detailed spreadsheet reports to maintain monthly bill correctness.

Cost Accountant

COMPUTER SCIENCES CORPORATION (CSC)
  • Audited and processed labor adjustments for all divisional CP, FP and CPFF contracts; communicated information relating to DCAA regulations and procedures to project managers; produced detailed reports relating to contract labor for POCs and BCMs; formulated process efficiency strategies related to timekeeping and labor adjustments; acted as point of contact for all employees with questions related to labor cost distribution; assisted managers in other accounting activities when needed.

Staff Accountant

THE PRESIDIO CORPORATION
  • Prepared financial statements and reports for internal use; analyzed and compiled financial data on a daily basis to maintain consistency between internal and external information; reconciled vendor accounts, audited journal entries and prepared related reports; ensured that procedures were carried out according to established accounting policies and objectives; reviewed vendor invoices for proper pricing and charges and prepared related payment schedules; prepared reports or statements required by commercial and governmental agencies; assisted in other general accounting activities when needed.

Vice President of Accounting, Controller

Cognosante, LLC
- Current
  • Ensuring monthly cost and revenue transactions are posted accurately and on schedule
  • Preparing consolidated financial statements (Balance Sheet, Income and Cash Flow Statements)
  • Devising and analyzing indirect rates and cost allocation methodologies
  • Preparing financial documentation to adhere to debt covenants
  • Establishing and maintaining internal controls that facilitate reliable, accurate, and timely information
  • Collaborating with Business Unit Vice Presidents, Project Managers, and others to devise forecasts and internal budgets
  • Preparing disclosure statements and incurred cost submissions to comply with contract and federal requirements
  • Preparing and maintaining policies, procedures, and accounting memos to ensure compliance with GAAP and other regulatory requirements
  • Strategizing with CFO on growth strategies, operational efficiencies, treasury matters, investment opportunities and other business matters
  • Managing a team of twenty high-performing professionals.

Education

MBA -

George Washington University
Washington, DC
2005

Bachelor of Science - Accounting

Virginia Commonwealth University
Richmond, VA
1997

Skills

Procurement/Accounts Payable Enhancer

Initiated and led implementation of Integrify automation system at Cognosante, which increased efficiencies by 40% by centralizing procurement and accounts payable workflows and reducing redundancy

Audit Champion

Lead external audit engagements at Cognosante for three years without any audit findings or material misstatements

Sale Contributor

Participated in year-long events by providing important financial data, insight, and research that eventually led to the successful sale of Cognosante Holdings, LLC to Accenture Federal Services

Timeline

Assistant Controller

ASRC FEDERAL CORPORATION

Senior Business Unit Accounting Analyst

SCIENCE APPLICATIONS INTERNATIONAL INC. (SAIC)

Lead Revenue Analyst

SCIENCE APPLICATIONS INTERNATIONAL INC. (SAIC)

Senior Operation Controller

SCIENCE APPLICATIONS INTERNATIONAL INC. (SAIC)

Division Controller

SCIENCE APPLICATIONS INTERNATIONAL INC. (SAIC)

Billing Analyst

COMPUTER SCIENCES CORPORATION (CSC)

Cost Accountant

COMPUTER SCIENCES CORPORATION (CSC)

Staff Accountant

THE PRESIDIO CORPORATION

Vice President of Accounting, Controller

Cognosante, LLC
- Current

MBA -

George Washington University

Bachelor of Science - Accounting

Virginia Commonwealth University

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Baron Payne