Michael P. Carney, Cpa, Mba Email & Phone Number

Client-focused Assurance Manager, serving small to medium clients focused on compliance, reporting, operational efficiencies and growth. Responsibilities include: training, delegating, project-management, GAAP research and business enhancement.

• Audit Preparation Consulting
• Audit Management
• Month-end Preparation
• Interim Divisional and Corporate Controller
• Managing the accumulation and consolidation of all financial data necessary for an accurate accounting of consolidated and/or regional business results
• Establishing and maintaining internal controls

Bingham Farms, MI, US

• KEY CONTRIBUTOR *
• Lead auditor serving clients across a variety of international and domestic businesses.
• Prepared complete GAAP financial statements and supporting schedules.
• Performed audits, reviews, and compilations.
• Lead, mentored and trained team members.
• Managed investigative and forensic engagements.* References available upon request

Southfield, MI, US

• Computed, compiled and provided data to Vice President of Finance used for the annual profit plan, for nearly $1 billion of annual sales
• Managed the monthly calculations and reporting of over $620 million of North American sales prices
• Identified audit issues worth millions of dollars, which were then leveraged in negotiations with customers
• Computed and provided accounting data to additional international plants in regions such as Brazil and China to support business with major customers such as FCA and General Motors
• Managed the internal audit function for Sales related to pricing, contract management and related controls
• Corporate liaison between the plants, Sales, Finance and Corporate Accounting

Detroit, Michigan, US

• Compiled cost estimates, financial summaries, and prospective forecasts for decision-making.
• Researched audit issues, compiled findings, presented data and implemented changes to recover overpaid funds, resulting in reported financial savings of $9.1M and cost avoidance exceeding $20M.
• Trained and delegated work to new staff. Summarized group findings and managed project assignments.
• Supported GPSC Finance division with pre- and post-bankruptcy finance procedures for managing claims and threats.
• Communicated and simplified complex issues for the end-user.
• Identified root-causes and promoted internal controls to minimize ongoing exposure.

Chicago, IL, US

• Led audit engagements covering the complete cycle including risk assessments, audit planning, testing, internal control evaluation, report drafting, follow-up and verification of issue closure.
• Prepared, audited and reviewed financial statements and footnote disclosures.
• Supervised, coached, and trained staff, including performance evaluations.
• Advised clients in accounting issues in accordance with GAAP.
• Drafted management advisory comments based on audit findings.
• Performed fraud investigation audit work and account reconciliations

Detroit, Michigan, US

• Developed subject-matter expertise in the use of client-specific systems and processes to audit purchasing contracts, resolve payment issues and facilitate supplier-customer interactions surrounding audit findings.
• Recovered over $10.5M of over-payments to suppliers for the client.
• Supported the SEC investigation of GM, related to vendor discounts.
• Compiled and presented the forecasted impact of costing alternatives to GM management for use in key contract negotiations with purchasing vendors.(Via contract with Jefferson Wells)

Kowloon, HK

• Assisted in the development of the scope and objectives, audit programs and reports in all phases of the engagements.
• Tested and documented the SOX procedures performed, findings and conclusions.
• Prepared written communications such as client correspondence, memos, and other working papers.

Chicago, IL, US

• Performed assurance-based services for Public (SEC Registrants) and Non-Public Banks, Not-For-Profit entities, Service and Manufacturing clients.
• Audited and reviewed annual and quarterly financial statements for SEC clients in accordance with U.S. GAAP (e.g., Forms 10-K and 10-Q).
• Planned and executed year-end financial statement audits, benefit plan audits, reviews, and compilations in accordance with Generally Accepted Auditing Standards (GAAS).
• Prepared financial statements and footnote disclosures.
• Supervised staff and conducted performance evaluations.
• Evaluated and documented accounting system controls in accordance with SOX, PCAOB, and COSO standards.

Master Of Business Administration (Mba), Finance, General

Bachelor Of Arts - Ba, Accountancy