Candi Hughes, Cpa, Caia, Cfp® Email & Phone Number

Cary, Nc, Us

I am an owner and founding member of NexTier Solutions. NexTier provides a unique collaborative approach to outsourced accounting, compliance, and human resource services. Over the last 25 years, I have been in various leadership roles including Director of Operations, Controller, Financial Manager, and Partner across many industries. My specialties include financial reporting, data analytics and visualizations, and financial operations. Using my distinctive blend of operations and accounting, I provide a fresh perspective by creating customized, insightful reporting for better decision making. The experience I've gained in these leadership roles helps me identify and provide efficiencies for your business.

Dallas, Texas, Us

Create content for testing materials for CPA question bank and participate in product developmentApply knowledge that reflects the CPA blueprint and standardized exam practices Validate accuracy and relevance of content generated by CPA product teamWorks with other content experts to identify topics for new product development

Dallas, Texas, Us

Consultant to Marketing Director for technical accounting projects. I work to help interpret new accounting rules and incorporate them into web content.

Raleigh, Nc, Us

Raleigh, Nc, Us

Prepared quarterly consolidated financial reporting for $500mm private equity fund having six operating companies and foreign currency translationPerformed fund accounting, analytics, and reconciliations Published quarterly capital account statements and ad hoc investor reportingAssisted with Netsuite implementation and transition from Quickbooks

Performed accounting, A/P, A/R, payroll, monthly close, GAAP reporting, treasury management, and annual audits Handled payroll administration for firm of over 20 employeesManaged banking relationships and handled all negotiations for debt refinancing Established monthly close process and prepared consolidated financial reportingImplemented internal controls around cash custody, vendor management, and transaction approval processPrepared and maintained scenario based 3 year flexible budget based on multiple product offerings and varying inputs of sales, expenses, and staffing levelsDesigned 6 month cash projection derived from flexible budget including variance analysisAssisted with firm operations including contract reviews, lease negotiations, and employee benefitsResponsible for FINRA and SEC reporting for the investment advisorTreasurer of registered products and responsible for providing advisor profitability updates to Board of DirectorsMember of fund valuation committee generating reporting of illiquid and hard to value securities for Board of DirectorsTraining and supervision of accounting staff

North Carolina, Us

Established processes for financial operations on proprietary Eton Technology platformGenerated reporting for executive management for operational KPIsTraining and supervision of operations and accounting staffPerformed fund administration, fund accounting, and managed fund audits for Eton Hedge Funds Performed monthly partnership pricing for Eton Hedge Funds

Created dashboard for mutual fund complex including performance, shareholder flows, and attribution analysisEstablished trading platforms in multi-manager mutual fund complex including prime brokerage, ISDA's, FX, futures, domestic and international custodyOversight of NAV calculations, accruals, reporting, and annual audits for multiple fund structures including daily mutual funds, monthly hedge funds, and quarterly private equity fundsProcessing of hedge fund transactions, private equity capital calls, and mutual fund cash flows from shareholder flowsRelationship management of sub-advisors, administrators, custodians, and trading partners for all fund structures Performed execution trading in funds - FX, equities, fixed income, futures, options, and derivativesTraining and supervision of operations and accounting staff

Performed accounting, A/P, A/R, monthly close, GAAP reporting, treasury management, and annual audits Managed transition of accounting system from Quickbooks to NetSuite and implemented SOX internal controlsDesigned system for allocating fund expenses of sub-advised funds by net assets and fund strategy percentages

Performed fund accounting including reconciliations, fund budgeting, accruals, NAV calculations and auditsDesigned database to process fund invoicing having verification controls to fund accruals

Performed settlements and reconciliations for futures, swaps, and bonds between custodial banks and brokersDesigned collateral management database to control margin requirements on derivative positionsAutomated trade processing with spreadsheet interface for accounting platform (Portia)

Master'S Degree, Accounting

Bs, Business Administration

Executive Cfp® Program