Ron Foster Email and Phone Number
Finance and Accounting Leader with a direct and collaborative approach to development of budgets, strategic initiatives, and process improvement efforts. Experience partnering with cross-functional teams on business planning, IT system implementation, and new product / program initiatives to support and influence stakeholders.• Lead development of multi-year budget and periodic forecasts to achieve earnings growth targets. • Drive IT and business stakeholder alignment in system integration and process improvement projects. • Lead reporting and variance analysis with business partners to identify drivers and forecast impacts. -----------------------------------------------------------------------------------------------------------------IT Systems & Additional Experience: • Microsoft Excel Financial Modeling | PowerPivot | SQL Server Analysis Services Cubes | Power BI • Oracle PeopleSoft GL | Oracle Hyperion Planning | SAS Business Rules • Power Plan Suite: Projects, Cost Accounting, Depreciation, Cost Repository, & CPR • SAP Business Objects Web Intelligence | SAP Billing | OneStream Budgeting & Projections • Process Improvement, Robotic Process Automation (RPA), Optical Character Recognition (OCR) tools • IT Merger integration and system testing • New IT system implementation, current state analysis and requirements development • Accounting close, guidance, and reporting under GAAP and Regulatory/Statutory rules • Large group collaboration with cross-functional stakeholders
Regulated Capital Consultants
View- Website:
- regulatedconsultants.com
- Employees:
- 35
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ConsultantRegulated Capital Consultants May 2024 - PresentCharlotte, North Carolina, United States -
Finance DirectorDuke Energy Corporation Dec 2016 - Mar 2024Charlotte, North Carolina, United StatesResponsible for financial support of commercial products & services and renewable (clean) energy growth initiatives including solar, battery storage, energy efficiency, and electric vehicle adoption programs. Hands on financial role involving cross-function collaboration with business stakeholders: _______________________________________________________________________________________________________________Key contributions:• Lead development of five-year financial budget and periodic forecasts to achieve 6% earnings growth.• Drive business growth by creating financial models and analysis to support Business Partners. • Develop reporting & analysis to provide business insight and support decision making.• Review contract financial data, and assumptions for product and service sales.• Financially support cost cutting efforts to maintain margins and achieve a 9% reduction.• Finance lead on new product development to support growth strategy.• Lead, coach and develop a team of five direct reports (one lead and four senior financial analysts).• Support BOD presentations. -
Manager – Capital Projects & Asset AccountingDuke Energy Corporation Sep 2012 - Nov 2016Charlotte, North Carolina, United StatesCapital accounting governance responsibility for Duke's Regulated Utilities under GAAP and Regulatory guidance. Led a team responsible for capital project review and set up. Progressed from individual contributor to manager.__________________________________________________________________________________________________________________Key contributions:• Researched and partnered with FP&A and Operations to research capital accounting project guidance. • Conducted bench marking of utility industry practices to identify capitalization opportunities.• Led the monthly fixed asset accounting close as well as reporting and analysis processes• Improved capital decision process to reduce response time from three+ weeks to less than 10 days.• Fixed Asset Accounting lead for merger integration for systems, GL account mapping, and policies. -
Prior Roles | Business Project Manager \ Lead Analyst Regulatory & Asset AccountingDuke Energy Corporation Jun 2006 - Sep 2012Raleigh, North Carolina, United States__________________________________________________________________________________________________________________Key contributions:• Business Project Manager for fixed asset system upgrade and de-customization project. • Directed cross functional team and partnered with IT Project Manager on project execution.• Presented project status to Finance leadership and Steering Committee to drive stakeholder engagement.• Developed and documented business processes, requirements, and future state enhancements• Developed financial model to quantify the impacts of the approved rate increases
Ron Foster Education Details
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Accounting And Business Management -
Liberal Arts And Social Sciences
Frequently Asked Questions about Ron Foster
What company does Ron Foster work for?
Ron Foster works for Regulated Capital Consultants
What is Ron Foster's role at the current company?
Ron Foster's current role is Finance and Accounting Leader | FP&A | Product/Initiative Development | Merger Integration | Project Management | CPG | Technology | Utilities.
What schools did Ron Foster attend?
Ron Foster attended Rutgers Business School, Wake Forest University.
Who are Ron Foster's colleagues?
Ron Foster's colleagues are Jonathan Williams, Jake Olesen, Lisa Hsu, Josh Hirschel, Tory Vore, Kyle Twitchell, Albert Romero.
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Ron Foster
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