Terence E. Ford
Dearborn Heights
Summary
Financial leader with expertise in GAAP compliance and operational efficiency at Silverman & Associates. Achieved significant improvements in financial planning and budgeting through strategic policy implementation, enhancing reporting accuracy and team performance. Fostered a culture of excellence and accountability, contributing to overall organizational success.
Overview
2026
2026
years of professional experience
Work History
Chief Operating Officer / Controller
Silverman & Associates
OH, PA, MI
01.2020 - Current
- Strategically coordinate, plan, and manage consultations to offer clients specialized operational, financial, and IT systems and services utilizing technical knowledge, industry intelligence, and future-focused approaches.
- Skillfully develop and implement company-wide policies and procedures for ensuring full compliance with GAAP ASC 606 revenue recognition.
- Coordinate year-end audits of various firms with multiple product lines to confirm full regulatory compliance.
- Offer the necessary resources and training for accounting personnel to understand financial reporting, regulations for non-profit organizations.
Corporate Controller
Blue Spark Technologies
OH
01.2014 - 01.2020
- Worked collaboratively with cross-functional teams in the design and retail of a disposal body temperature device around a printed battery.
- Directed the restructuring of a financial reporting system to ensure full compliance with government reporting regulations for the manufacturing of a Class 2 medical device including GAAP and SOX guidelines.
- Efficiently prepared and entered Bills of Material into the Sage 100 ERP system.
- Produced in-depth reports that detailed forecasting capabilities and cost control improvements.
- Improved the accuracy of real-time reporting with a 15-month increase in forecasting capability by redesigning a financial reporting and modeling system.
Chief Operating Officer Chief Financial Officer
J. William Parker & Son, Inc.
MD, VA, WV
01.1995 - 01.2014
- Played a vital role in ensuring the seamless operations across 4 divisions including Ready-Mix Concrete & Stone, Mechanical, Heavy Highway & Airport, and General Contracting.
- Effectively managed, motivated, and coached a high-performance diverse team of 95 employees.
- Thoroughly reviewed Contract Engineering design drawings to determine flaws, issues, or areas of improvement; resulted in a contract order and a substantial profit of 10% with a $25M contract.
- Leveraged Six Sigma methods to optimize existing manufacturing facility production and output while reducing overall costs per unit.
- Recognized for implementing an effective financial reporting system that led to increased bonding ability at reduced costs.
Vice President Controller, Defense Electronics, Division, Government Systems
Gould, Inc. – MD/VA/ IL & International
- Provided valuable training and guidance to a team of 190+ employees.
- Executive team member providing that provided a critical component enabling our Division to increase our company revenue from $120M to $250M.
- Worked alongside the Defense Group in delivering detailed analytical reports.
- Increased overall profit margin by 3.5% and achieved favorable cash flows by establishing an FP&A group.
Senior Auditor
Price Waterhouse Coopers
Education
MBA - Business And Managerial Economics
Liberty University
Lynchburg, VA07-2026
Bachelor of Arts - Business Administration & Accounting
Cleveland State University
Cleveland, OH09-1974
Some College (No Degree) - Business And Managerial Economics
Cleveland State University
Cleveland, OHSkills
- Financial planning and budgeting
- Due diligence and mergers
- Treasury management
- Financial systems integration
- Contract negotiations
- Pricing strategy leadership
- Operational budgeting
- Financial analysis
- Regulatory filings compliance
- Risk assessment strategies
- FP&A and treasury compliance
- Financial reporting strategy
- Strategic partnership development
- Microsoft Office proficiency
- Excel, PowerPoint, Deltek expertise
- Sage 100/300 and Business Central knowledge
- QuickBooks and Oracle proficiency
Accomplishments
- Directed system refinements and cost reductions increase in gross profit margins from 26% to 29% by restructuring a Sage ERP reporting system.
- Developed a training program for a U.S government-approved quality control system that led to several participating firms being awarded government contracts of $950K in one year;
- Reduced year-end inventory shrinkage from 5 figures to nearly 0 with a direct bottom line net income impact of$120K;
- Directed marketing strategies that captured 80% of the market in 18 months and generated revenue of $4.5M
- Achieved an increase in revenue from $5.5M to $39M over three years through the execution of effective marketing strategies encompassing new markets;
- Improved production output by 18%, reduced costs per unit, and increased projected profit per delivered load by 11%;
- Directed development of a new product that decreased total cost per mile of highway road construction on average 25 %
- Directed Financial Systems group That provided the Strong Financial Base that main contributor to successfully raised revenue for the division from $110M to $245M with a finance group of 195+ employees;
References
References available upon request.
Patents
- Intrusion sensor “Alert and type”
- Low Pressure sensing Servo Control Valve
Timeline
Chief Operating Officer / Controller
Silverman & Associates
01.2020 - Current
Corporate Controller
Blue Spark Technologies
01.2014 - 01.2020
Chief Operating Officer Chief Financial Officer
J. William Parker & Son, Inc.
01.1995 - 01.2014
Vice President Controller, Defense Electronics, Division, Government Systems
Gould, Inc. – MD/VA/ IL & International
Senior Auditor
Price Waterhouse Coopers
MBA - Business And Managerial Economics
Liberty University
Bachelor of Arts - Business Administration & Accounting
Cleveland State University
Some College (No Degree) - Business And Managerial Economics
Cleveland State University
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