Lacy D Ferguson
Zachary
Summary
Accomplished financial professional skilled in budgeting, forecasting, and strategic financial management. Expertise in developing and implementing internal controls, leading teams, and achieving performance metrics while driving sustainable growth within organizations.
Overview
18
18
years of professional experience
1
1
Certification
Work History
Chief Financial Officer
Pavement Restorations, Inc.
Milan
06.2024 - Current
- Managed finance function, overseeing SALT filings in 5 states, internal controls, external audit, acquisitions, and system implementation to ensure compliance and operational efficiency.
- Developed budgets for cash, balance sheet, and income statement while managing performance against target KPIs.
- Analyzed financial data to meet profit targets and enhance cost management strategies.
- Perform monthly budget-actual, labor and price volume mix analysis.
- Prepare work-in-process schedule and review job gains/fades, margins, contract values and estimates.
- Managed a team of 11, fostering collaboration and productivity.
- Develop indirect, burden and equipment cost rates to charge out costs to construction jobs and FOB operations.
Senior Manager, Assurance
Marcum, LLP
New Haven
10.2018 - 05.2024
- Oversaw multiple engagement teams in the performance of audits and reviews under US GAAP for construction and manufacturing companies.
- Prepared quality of earnings reports for buy and sell sides, analyzing working capital, adjusted EBITDA, operating trends, and assessing synergy impacts to enhance decision-making.
- Reviewed work for compliance with firm and regulatory standards, ensuring adherence to best practices.
- Evaluated client performance against industry standards, providing actionable recommendations to help clients improve performance and achieve targets.
- Assessed internal controls over significant areas and IT and recommended practical solutions to deficiencies.
Chief Financial Officer
Tri-Imaging Solutions, LLC
Madison
07.2017 - 06.2018
- Prepared company for sale by implementing financial controls, documenting key processes, and enhancing financial performance.
- Effectively managed banking relationship to ensure adequate lines of credit and purchase card limits were available based on operating needs.
- Implemented commercial banking products including purchase cards, lockbox deposits, and electronic vendor payments to streamline operations.
- Developed concise internal reports to track budget versus actual results for informed decision-making.
- Reduced risk of loss by changing business insurance to meet operating needs.
Controller
Episode Solutions, LLC
Nashville
11.2016 - 06.2017
- Managed treasury functions and accounting for 31 entities, coordinating multiple layers of consolidation with a team of 7.
- Developed and maintained weekly cash forecasts and intercompany funding while identifying borrowing needs under minimal working capital.
- Prepared quarterly balance sheet forecasts and monthly variance analysis to support the finance plan.
- Restructured accounting department to enhance efficiency and align with future growth objectives.
Controller
Fleetline Products, Inc.
Springfield
09.2015 - 06.2016
- Prepared budgets, long range plans with bridge analysis, capital budgets with payback calculation and budget to actual variance analysis.
- Managed customer credit risk and monitored financial performance against key metrics to mitigate potential losses.
- Cross collaborated with sales, marketing and production to ensure timely and accurate month-end closes.
- Led human resources and accounting functions to ensure operational efficiency and compliance.
- Conducted 80/20 analysis to identify key customers and products, informing pricing strategy and optimizing product mix for improved margins.
Assistant Controller
Zumiez, Inc.
Lynnwood
09.2014 - 09.2015
- Led a team of 11 responsible for accounts payable, cash/sales/inventory, leases, investments and fixed assets.
- Streamlined vendor invoice processing, enhancing operational efficiency.
- Managed purchase card program and secured letters of credit for timely payments to international vendors.
- Analyzed monthly variances to budget and to prior year to identify unexpected operating trends.
- Ensured accurate accounting for North America stores, supporting financial integrity.
Tax Revenue Administrator and Financial Reporting Manager
Sound Transit
Seattle
03.2008 - 09.2014
- Executed tax revenue collection, led the external audit process, prepared comprehensive external financial reports under multiple accounting standards, and presented annual financial results to the Board of Directors and Citizens Oversight Panel.
- Oversaw team of 4 managing operations, construction, fixed assets, and financial reporting to ensure compliance and accuracy.
- Developed ad-hoc financial analysis queries and reports that standardized data across users and multiple reporting standards, enhancing clarity and consistency.
- Developed pro-forma financial statements and calculated impact on key metrics during assessment of changes in financial policy and financial statement presentation to identify impacts to key stakeholders.
- Performed operations and financial analysis using FTA performance metrics to evaluate results against peers and prior year performance, identifying areas for improvement.
Education
Master of Science - Accounting
University of Southern California
Los Angeles, CABachelor of Science - Accounting, Information Systems Track
University of Southern California
Los Angeles, CASkills
- Financial analysis
- Budgeting and forecasting
- Internal controls
- Due diligence/QOE
- Internal and external reporting
- Project management
- Multiple accounting systems
- Report writing
- Technical research
- Problem solver
- Relationship building
- Communication
Affiliations
- American Institute of Certified Public Accountants
- Girls on the Run South Louisiana Chapter - Volunteer Coach
- Brandman University Adjunct Accounting Professor – 2005-2009
Certification
- Certified Public Accountant
- Chartered Global Management Accountant
- AICPA Leadership Academy Graduate, 2014
Experience Prior To2008
- Led assurance engagements as an Audit Manager for logistics, non-profit and manufacturing entities.
- Performed internal audit function and implemented Sarbanes Oxley in 2004.
- Estimator and financial analyst for the JSF/F-35 program during the engineering phase.
Timeline
Chief Financial Officer
Pavement Restorations, Inc.
06.2024 - Current
Senior Manager, Assurance
Marcum, LLP
10.2018 - 05.2024
Chief Financial Officer
Tri-Imaging Solutions, LLC
07.2017 - 06.2018
Controller
Episode Solutions, LLC
11.2016 - 06.2017
Controller
Fleetline Products, Inc.
09.2015 - 06.2016
Assistant Controller
Zumiez, Inc.
09.2014 - 09.2015
Tax Revenue Administrator and Financial Reporting Manager
Sound Transit
03.2008 - 09.2014
Master of Science - Accounting
University of Southern California
Bachelor of Science - Accounting, Information Systems Track
University of Southern California