Frederic Werly Email & Phone Number

• Collaborated with the Business Development team to provide financial evaluations for de novo and brownfield surgery center projects, and clinical program opportunities, resulting in ~$34M in contract value
• Analyzed financial viability of de novo projects, including developing pro formas, evaluating revenue projections, creating year 0 and 1 budgets, identifying potential risks, and communicating capital needs with.
• Presented financial insights to the executive team, equity partners, and potential physician partners, demonstrating the ability to convey complex financial information and anticipate questions
• Performed due diligence for acquisitions and valuation for targets
• Streamlined various processes including developing a standardized financial model for clinical program opportunities, creating a file naming structure and change log, and updating the proforma template which reduced.
• Developed a benchmark analysis to improve the accuracy of economic projections

• Directed accounting activities such as journal entries, account recons, and reviewing balances
• Managed tax implications of mergers and acquisitions, coordinating the integration of 6 acquisitions
• Oversaw sales and use tax compliance and filed monthly returns appropriately
• Identified tax liabilities and pursued voluntary disclosure agreements with taxing authorities resulting in tax savings of ~$1M related to the South Dakota v. Wayfair ruling that created significant changes in sales.
• Provided tax guidance on the implications of merging/dissolving legal entities, resulting in a decrease from ~140 to ~100 monthly filings
• Created a due diligence checklist for onboarding new companies, mitigating any potential issues and driving a quicker onboarding process

• Oversaw all tax matters relating to Utility One Source LP (UOS) and its subsidiaries, managing compliance, registrations, preparation/review of tax returns, and reducing company tax exposure
• Collaborated with external preparers to facilitate tax reporting to partners, as well as federal and state agencies
• Directed sales tax filings in 40+ states with annual average liability of $750k
• Reconciled tax accounts and managed tax accrual forecasting taxable income
• Strategically managed the tax implications associated with a business model transformation that established legal entities across many states
• Determined whether there was the presence of a state nexus and communicated business implications to upper management

• Managed all tax matters relating to Ceva U.S. Holdings, Inc. and its subsidiaries, advising various departments on relevant tax issues
• Identified state tax incentive opportunities
• Implemented processes and structures to build contemporaneous documentation substantiating R&D tax credits
• Reduced costs by transitioning the management of tax credits and incentives internally
• Conducted a comprehensive transfer pricing study analyzing inter-company sales across legal entities in different countries, which helped to ensure compliance and mitigate taxable events
• Streamlined tax compliance processes by securing a campus identification for Ceva, enabling the consolidation of multiple buildings under a single entity for sales and use tax exemption purposes

• Worked on audits resulted in approx. $8.5 million in refunds or savings for the company.
• Helped minimized audit to less than $2 million in total annual payments.
• Collaborated with many departments and organizations internally & externally to address audit issues.
• Extensive use with online sales tax research site RIA Checkpoint.
• Familiar with state and local sales tax laws.
• Helped transition Nextel tax department from Reston, VA to Overland Park, KS – frequent travel during transition, setup own travel.

• Completed sales and use tax returns for all states for Cerner and subsidiaries.
• Completed federal and state income tax returns for subsidiaries.
• Prepared state income tax estimates for all states for subsidiaries.
• Completed United Kingdom value added tax return and prepare necessary documents for Belgium valued added tax return.
• Prepared account reconciliations for various tax accounts and assisted with month/year end processes.
• Responsible for determination of validity and distribution of resale and exemption certificates for company.

Mba, Business Administration

Bs, Accounting & Business

Activities and Societies: Student Activites Counsel, Sigma Phi Epsilon