Curtis Baron
Mahopac,NY
Summary
Highly effective financial leader with strong background in acquisitions and divestitures, investor relations materials, SEC reporting, enterprise risk management and financial system conversions. Passionate, motivated, loyal, experienced leader with strong ability to communicate with executives, board members, external partners and team audiences.
Overview
33
33
years of professional experience
Work History
Corporate Controller
Turtle Beach Corporation
06.2020 - Current
- Responsible for all internal and external financial reporting of $0.4B revenue, NASDAQ registrant with 300 employees and a market cap of $0.3B.
- Work closely with CEO and CFO to acquire 2 companies costing over $120 million as well as numerous other acquisition opportunities.
- Participated in development of quarterly earnings release, investor presentations, analyst call scripts and potential investor call Q&A preparation.
- Developed reporting to identify excess inventory levels which led to weekly purchase order reviews with executive team and $30 million of working capital savings.
- Prepare and present materials for all quarterly Audit Committee meetings.
- Collaborate closely with CFO on policy, strategy and direction of global finance organization including recruitment, advancement, alignment and compensation.
- Lead process to recruit, interview and ultimately select a new external audit firm elevating quality of the audits performed.
- Implemented a company-wide ERP system (NetSuite) to replace multiple disparate general ledger systems and manual excel consolidation process.
- Significantly improved documentation of Sarbanes Oxley-based internal controls resulting in flowcharting of company's top 10 key business processes.
Vice President, Compensation & Benefits
Crane Co.
05.2019 - 04.2020
- Saved company $500K by designing and implementing changes to Health & Wellness plans covering 5,400 employees.
- Saved company $1.2 million by developing incentives for employees to join spouses' qualified medical plans.
- Led the operations of company's three charitable funds which provide over $15 million in donations annually.
Vice President, Controller
Crane Co.
12.2011 - 05.2019
- Responsible for all internal and external financial reporting of a $3.3B revenue, NYSE registrant with 12,000 employees and a market cap of $5B.
- Completed the purchase accounting and financial integration of twelve separate acquisitions costing a total of $2.4B which added $1.4B in annual revenue. Responsible for the accounting related to seven divestitures and well.
- Improved the quality of SEC reporting and reduced the number of comment letter items received from twenty-one in 2008 down to four in 2014 with no comments received through 2019.
- Designed and led company's Enterprise Risk Management program including assessment, analysis and reporting of findings and recommendations to senior leadership of each of eleven business units, corporate officers and Board of Directors.
- Responsible for the development, maintenance and continuous improvement of company-wide financial policies and procedures including the adoption of the revenue recognition (ASC 606) and lease accounting (ASC 842) standards.
- Led monthly Financial Leadership Team meetings to effectively communicate important matters impacting the business units and corporate finance leaders.
- Responsible for the planning, execution and costing of the integrated audit performed Deloitte, as well as over 35 statutory audits globally.
- Developed the accounting and disclosure for periodic updates to the company's asbestos and environmental accruals totaling over $0.5B.
Assistant Controller
Crane Co.
08.2007 - 12.2011
- Completely overhauled corporate accounting department personnel within first six months.
- Supervised accurate, efficient and compliant completion of monthly financial reporting packages including preparation of earnings release, 10-Qs and 10-Ks.
- Developed cash flow reporting and forecasting tools combining direct and indirect methods.
- Saved company $2M by designing and leading company-wide financial system conversion for Hyperion to HFM without use of outside consultants.
- Developed and implemented analysis of all key liabilities in quarterly reporting to CEO, CFO and General Counsel.
Assistant Controller
Paxar Corporation
06.2003 - 08.2007
- Financial reporting for $1B, NYSE registrant with 12,100 employees with locations in 40 countries including preparation of 10-Qs and 10-Ks.
- Provided internal financial reporting information for Avery Dennison's acquisition of Paxar for $1.3B and was one of only 5 members of management were aware of sale prior to announcement.
- Improved internal controls over critical areas and devised corrective actions to address risks or deficiencies.
- Primary contact to EY for all external review and audit coordination.
International Planner
Pepsi Bottling Group
05.1997 - 07.2003
- Earned the PBG chairman's "Rules of the Road Role Model" award for outstanding achievement and performance excellence as a key member of the $2.3B NYSE IPO team.
- Consolidated, analyzed and reported international financial data including quarterly and annual information with MD&A commentary for inclusion in the 10Qs and 10Ks.
Audit Manager
Ernst & Young
09.1991 - 06.1997
- Managed up to 12 audits annually including two of the largest clients in the Stamford office (Louis Dreyfus Corp and US Tobacco).
Education
Bachelor of Science - Public Accounting
Pace University
Pleasantville, NU05.1991
Skills
- Executive Collaboration Experience
- Acquisitions and Divestitures
- Investor Relations Materials
- SEC Financial Reporting
- Audit and Compensation Committee Experience
- Enterprise Risk Management
- Sarbanes Oxley
- Asbestos and Environmental Accounting
- Financial Systems Conversions
Timeline
Corporate Controller
Turtle Beach Corporation
06.2020 - Current
Vice President, Compensation & Benefits
Crane Co.
05.2019 - 04.2020
Vice President, Controller
Crane Co.
12.2011 - 05.2019
Assistant Controller
Crane Co.
08.2007 - 12.2011
Assistant Controller
Paxar Corporation
06.2003 - 08.2007
International Planner
Pepsi Bottling Group
05.1997 - 07.2003
Audit Manager
Ernst & Young
09.1991 - 06.1997
Bachelor of Science - Public Accounting
Pace University
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