Hugh Hermanek Email & Phone Number

Greetings! I'm a dynamic professional with expertise in consulting, risk management, SOC reporting, firm management, IT, and tax compliance & planning. My journey is marked by a commitment to integrating strategic financial insights with cutting-edge technology for business empowerment.🌟 Financial Strategist: My consulting forte involves providing CFO-level support to accounting teams, ranging from basic bookkeepers to controllers and owners. I specialize in complex financial planning and analysis, software reporting enhancements, and managing uncommon accounting transactions. My acumen with Excel pivot tables and QuickBooks Advanced Pro Advisor status underlines my capability in transforming raw data into valuable insights and improving accounting procedures.🖥️ IT Visionary: Overseeing all aspects of IT and the related budget, my responsibilities include contracting software and hardware solutions, and ensuring adherence to data security best practices. I've led the transition from on-premise to cloud-hosted environments and implemented a robust cybersecurity program.💼 Risk Management & SOC Reports: Having completed SOC engagements for over 15 years, my expertise includes client relationship management, particularly with C-suite executives, and preparing, reviewing and signing CPA attestation reports. I have worked across varied industries like cloud software, data center, corporate cybersecurity, managed service provider, benefit administration, real estate, and healthcare payment services. My role in client prospecting and executive meetings helps new clients understand why SOC reports aid in risk management.🚀 Firm Management Catalyst: In firm management, I've played a key role in recruitment, leading to the hiring of approximately 50% of the current staff, including high-level positions. My responsibilities also extend to supervising a five-person administration team and implementing a firm-wide coaching program to facilitate staff development. I have refined annual review processes and established best practices for staff guidance.📈 Tax Compliance & Planning Expert: Enjoy the opportunity to work in situations with clients, while showing tact and efficiency, to deliver on expectations to save on taxes both currently and long-term.🌐 Innovative Mindset: My approach is to blend extensive experience with innovation, whether in financial strategies, tech solutions, or team leadership. My aim is to add significant value to each project and relationship.Let's connect to discuss how my expertise can contribute to your business's success!

Listed skills include Business Development, Soc I And Soc Ii, Tax, It Controls, and 6 others.

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  Partner

  Hancock & Dana, Pc

  Sep 1999 - Present

  Financial Analysis & Strategic Planning:●Provide CFO-level support to client's staff, ranging from bookkeepers to controllers, and owners.●Expertise in cash planning, complex accounting entries, accounting software and analytical review.●Experience handling client's sudden-change events in accounting, like key-employee turnover, ensuring minimal operational impact to their company.●Proficient in Excel pivot tables and advanced formulas; adept at enhancing spreadsheet efficiency… Show more Financial Analysis & Strategic Planning:●Provide CFO-level support to client's staff, ranging from bookkeepers to controllers, and owners.●Expertise in cash planning, complex accounting entries, accounting software and analytical review.●Experience handling client's sudden-change events in accounting, like key-employee turnover, ensuring minimal operational impact to their company.●Proficient in Excel pivot tables and advanced formulas; adept at enhancing spreadsheet efficiency and clarity.●Utilize QuickBooks Advanced Pro Advisor status for software conversions and financial reporting improvements.Risk Management & Process Evaluation - SOC Reporting:●Manage SOC engagements (SOC 1, SOC 2 & SOC 3), including client relationship management, billing, CPA report attestation, and staff training.●Completed 70+ engagements across various industries, including cloud software, corporate cybersecurity, real estate, benefit administration, and healthcare payment services.●Lead client meetings and play a key role in client prospecting and executive interactions.Firm Management & Team Building:●Key recruiter and interviewer, contributing to hiring 50% of current staff from interns to partners.●Oversee a five-person administration team, enhancing efficiency in billing, marketing, and client document processing.●Implemented firm-wide coaching program; revamped annual review process, integrating year-round staff guidance.Information Systems & Emerging Technology:●Coordinate all IT aspects, managing technology budget and contracts.●Ensure best practices in data security, overseeing technology upgrades and cybersecurity measures.●Led migrations from on-premise to cloud-hosted environments and transition to paperless document storage.Income Tax Compliance & Planning:●Manage individual and business client relationships, billing, collections, and client satisfaction.●Expert in CCH Axcess suite, preparing tax returns, and filings for various tax types. Show less