Phillip Cox Email & Phone Number

Dallas/Fort Worth Area

- Identify and assess areas of significant business risk.- Manage resources and audit assignments.- Conduct ad hoc investigations into identified or reported risks.- Oversee risk-based audits covering operational and financial processes.

Ft. Worth

Responsible for assisting management of various business units test and assess the effectiveness of internal controls and the overall control environment associated the organization’s Sarbanes-Oxley program, which includes;  Assessing the materiality and scope of new controls as defined by the global organization through risk assessment and discussion with process owners,  Performing controls walkthroughs with process owners to document gaps, deviations and changes to the control environment, Evaluating the effectiveness of the internal controls through evidentiary review of control documentation, and  Communicating with various levels of the organization progress and status of control environment.This process requires effective and timely communication and coordination with control owners, management and others involved in the overall process to ensure timelines and objectives are being met.

Fort Worth, Tx

Responsible for the Internal Audit department ensuring management’s entity-level philosophy was maintained post acquisition. In addition, was responsible for the successful documentation of internal controls which consisted of:• Documentation of all financial process flows of the company, • Documentation of all risk control matrices and identifying current COSO 2013 points of focus, • Testing of internal controls and • Remediation of any identified control deficiencies and gaps. Worked with department heads in the review and revision of documented company polices which included, Approval Limits & Company Credit Card Usage. Assisted management with special projects to support efforts to streamline processes and information due inefficiencies as a result of the acquisition of Union Drilling, Inc. by Sidewinder Drilling, Inc. which included a comprehensive reconciliation of fixed asset records, review and assistance of a concentrated effort to identify past due invoices and working closely with vendors and internal departments to resolve issues in pricing and delivery, and gathering financial information on the trucking segment of the Company providing critical information to management to assist in the decision making process to divest the segment. Integral member of the team that led the conversion of the accounting ERP system from prior version of existing software along with conversion of Union Drilling, Inc. Oracle data to ensure accurate conversion of date proper controls were established consisting of appropriate segregation of duties and responsibilities. Position required up to 75% travel.

Fort Worth, Tx

Responsible for the establishment of an Internal Audit department which consisted of three heads. Worked with Audit Committee of the Board of Directors and Executive management to develop a risk-based internal audit plan across the company's national business. Inform Audit Committee of effectiveness of internal control and risk management systems. Prepared annual risk-based audit plan focusing on key business risks and processes with input from relevant stakeholders and obtain approval from Audit Committee. Led the Company’s annual Fraud Risk Assessment. Prepare and provide updates to management and the Audit Committee of control deficiencies and remediation plans. Implement best practice audit planning and techniques. Work in partnership with external auditors to plan and implement a comprehensive audit of the company's interim, year-end and Sarbanes-Oxley assessments which resulted in heavy reliance on the work of Internal Audit by external auditors in the assessment of the functioning of the Company’s internal controls. Developed processes and policies for reporting findings which clearly state the risks and include recommendations which are realistic and actionable. Review the adequacy of action taken by management to correct reported deficient conditions, accepting adequate corrective action and continuing reviews with appropriate management on action considered inadequate until satisfactory resolution, and when deemed necessary lead / participate in the execution of assurance, consulting and investigative services designed to add value and improve the organization’s operations, as well as to sustain the Company’s culture and values. Work independently under general direction with latitude for initiative and independent judgment. Was integral member of the team that led the conversion of the legacy accounting system to Oracle which was successfully completed within the 9 month $3.5 million budget.

Dallas, Tx

Responsible for the financial compliance with the Sarbanes-Oxley Act, which consisted of documenting all financial internal controls, coordination of self assessment process for the evaluation of the internal control environment which included test plan creation and testing documentation requirements, coordination with different disciplines within BELO to direct compliance efforts that would encompass all of the organization and educated the operating unit controllers and Corporate personnel regarding the requirements of Sarbanes-Oxley. In addition, acted as liaison between Information Technology (IT) and Corporate Finance. This consisted of identifying needs within the group, analyzing the functionality of PeopleSoft to satisfy these needs and working with both IT and Corporate Finance to implement desired changes. Also, updated and created nVision reporting tools to incorporate changes in the operating environment or additional reporting needs as the business grows. Maintained various chart fields within the PeopleSoft application.

Addison, Texas

Responsible for the proper accounting and reporting of information technology related transactions which included review and approval of capital expenditures, reporting and review of monthly information technology results for all division, and acted as the finance liaison to the information technology organization. In addition, responsible for the creation and implementation of a shared service organization for specific cross-company functions. This required coordination with payroll and the various divisions for movement of personnel, establishment of allocation procedures within the financial accounting system, and assurance that processes are in place for the review and communication of the results for the shared service organization.

D/Fw Texas

Responsible for the monthly financial reporting of the business unit segment which consisted of revenue analysis and balance sheet and cash flow analysis. Performed monthly elimination and equitization processes. On a quarterly basis compiled the necessary information for the composition of the segment’s input into the Investor Relations Earnings Release and for SEC reporting in the 10-Q and 10-K. Participated in the segment’s efforts for the compliance of the Sarbanes-Oxley Act. Accomplishments in the position:• Reduced reporting process by five business days.• Reduced revenue reporting package from 43 pages to 26.

D/Fw Texas

Responsible for the monthly close process for 15 separate legal entities which consisted of generating journal entries analysis and research of unusual entries and balances, proper booking of inter-company and intra-company activity and preparation and review of account reconciliation of assigned balance sheet accounts. Accomplishment in this position:• Vital role in the conversion from a legacy financial system to PeopleSoft.• Assisted in the efforts to streamline the legal entity structure.• Merged former GTE and Bell Atlantic financial systems and process in a 2-month time frame.

Irving, Texas

Responsible for consolidation of segment headcount reporting. Acted as a focal point for the expense and capital reporting for both internal and external customers. Assisted in the implementation of a managerial reporting system, Essbase, by identifying needs and requirements from various lines of business within the segment, also created a process within this system that equitably allocated common costs to the lines of business. Accomplishments in this position:• Successful implementation of Essbase managerial reporting.• Reduced errant charges for the segment by $300K.• Created Access database application that assisted in the allocation of common costs.

Irving, Texas

Responsible for the development and communication of corporate wide financial policies and procedures specifically targeted toward assets and capital. This required being current on all GAAP announcements as well as regulatory requirements as outlined in Part 32 of the Telecommunications Act of 1996. In addition, provided ad hoc guidance for all business segments in regards to proper treatment of transactions related to asset accounting. Accomplishments in this position:• Composed corporate policy on software capitalization.• Assisted in compilation and documentation for due diligence in regard to the GTE/Bell Atlantic merger.• Became familiar with SAP financial systems.

Irving, Tx

Performed operational audits for segments as directed by management, which consisted of developing specific audit programs based on the audit guidelines. Developed audit programs and prepared detailed work papers in support of the audit work performed. During these audits was able to perform tasks with little or no supervision.

Dallas, Tx

Responsible for all accounting functions within the wholly owned subsidiary which included, cost accounting functions, preparation and entry of monthly journal entries, management reporting of operational and financial result to headquarters and regional management, management of the purchasing function for operational and administrative supplies, management of the Accounts Payable function which included the submission and approval of accounts payable vouchers, human resource issues as they related to payroll activities (i.e. labor reporting, payroll questions, etc.), oversight of local data processing needs; and working with local management in the development of financial budgets and the quarterly revisions. Also instrumental in the conversion of cost accounting records from average costing to standard cost, in addition to implementing two accounting software conversions. Was responsible for a staff of four (4) hourly employees. Prior to Accounting Manager, worked as a Staff Auditor conducting operational audits for the various manufacturing facilities across the United States.

Master Of Business Administration (M.B.A.), Finance, General

Bachelor'S Degree, Accounting