Jacob Brownfield, Cpa Email & Phone Number

Chelan Valley CPAs is licensed in Washington State and specializes in Accounting. We are professional, experienced, and affordable. We offer a broad range of services for business owners, executives, and independent professionals.

Bellevue, WA, US

Bellevue, Washington, US

• Successfully executed structural changes within the Operations department which led to the growth of Assets Under Management ("AUM") from 2.8B to $3.9B.
• Partnered with Sales to revamp the client experience, internal controls, and standard operating procedures for 12- critical account opening and servicing processes which resulted in an improved client experience and.
• During the COVID pandemic, successfully transitioned 20+ employees from full-time in-office to remote work arrangements within 2 weeks during a time when there was a 41% increase in service requests and 13k client.
• Exercised fiscal discipline by reconciling every purchase order and invoice to a $3.5M annual budget
• Successfully negotiated 2 leases with savings of $3M total, and annualized savings of $195K and $300K
• Created 2 new service teams with separated tasks to improve competencies and remove redundancies which reduced employee trnover from 75% to 15% and increased team productivity by 36%

Atlanta, GA, US

• Led 2 system implementation projects that scaled portfolio management and client service processes resulting in the growth of AUM from $2.8B to $10B in four years.
• Architected and implemented a new solution hat accelerated the account opening process by 30% after expanding the integration between the portfolio accounting and CRM systems
• Successfully integrated asset flow related data into OFI's commissions system which led to an expansion of the Sales Team from 2 to 300 people

• Was instrumental in successfully completing the sale of SNW to OppenheimerFund ("OFI") which yielded a 30% internal rate of return for shareholders and grew the firm AUM from $1.7B to $2.8B over 4 years.
• Performed as a CCO when providing analysis of data that OFI was requiring to validate data points and ensure compliance on trades across 2K client accounts
• Created commission and stock option incentive plans, budget templates, cash flow models, KPI reports, and financial models that informed decision-making on acquisitions, new products, and compensation plans
• Performed a buy vs build analysis on an Environmental, Social, and Governance ("ESG") ratings system that led to building an in-house reporting system which provided clients with an analysis of their investment.
• Implemented a balanced scorecard performance management tool across the firm which allowed the company to measure results, execute on priorities, and grow revenue from $3M to $5.5M
• Oversaw a system conversion to a new automating billing solution that increased the speed of completion from 20 days to 10 for 1,800 client accounts

• Secured investor funding that enabled sale of the parent company and the creation of a new entity, while building a revenue forecasting tool for projections, and designing & implementing streamlined accounting.
• Prepared and presented financial projections as part of a Private Placement Memorandum which resulted in securing $4.5 in investor funding, and created a new spinoff division (SNW Asset Management)
• Partnered with IT in designing a forecasting tool for the largest business unit ($10M annualized revenue) which provided more accurate financial projections and treasury recommendations
• Streamlined accounting procedures that reduced the month-end-close from 10 days to 7
• Staffed the investment committee and led an RFP process, which resulted in hiring new vendors that better supported the Company's 401(k) and Employee Stock Option Plan

New York, NY, US

Planned, performed and supervised internal control audits in accordance with US GAAP & PCAOB standards.

Master Of Professional Accounting, Auditing And Assurance

Bachelor Of Arts, Business Administration, Accounting