Sean Cragun, Cpa Email & Phone Number

Frisco, TX, US

• Independent consultant providing ASC 606 technical accounting and revenue recognition expertise surrounding assessment and future implementation of the new revenue recognition standard. Recent activities include:
• Developing an assessment of the impact of ASC 606 on current accounting practices
• Developing a gap analysis comparing current processes and systems to required processes or systems required under ASC 606
• Provided contract review and analysis and deal structuring guidance
• Assisting with the design of business processes to support changes required by the new revenue standard
• Providing technical advice on complex accounting issues

Dallas/Fort Worth Area

Quantifying cyber risk with industry leading M-Score(TM). Growing cyber risk blockchain and cyber risk quantification SaaS with complimentary cyber insurance.

Frisco, TX

• Lead consultant on ASC 606 projects, providing project management, technical accounting and revenue recognition expertise surrounding assessment and future implementation of the new revenue recognition standard.
• Assisting RealPage, Inc., a leader in property management software and service solutions, with various complex technical accounting issues, including impairment analysis and stock based compensation.
• Provided assistance and support to Forterra Building Products, a $1 billion leading manufacturer of concrete and iron pipe and precast products, with their S-1 filing in conjunction with their initial public offering.

Frisco, Texas

• Chief revenue officer responsible for managing revenue accounting, deal analysis, forecasting, and the implementation of a new revenue accounting system through a functional staff of 7 professionals.
• Instrumental in the successful negotiation of the largest media contract in the company’s history (including separate deals for $22 and $40 million). Responsible for ensuring deal structure would allow for accelerated.
• Successfully identified and negotiated contractual changes to several large software contracts, which allowed for recognition of over $25 million in previously deferred revenue.
• Shortened the month-end revenue close and reporting from over 20 days to 6 days.
• Implemented a new revenue accounting system, RevPro, which enables a shorter close cycle, while improving reporting and providing senior management and the board with greater transparency to deferred revenue trends.
• Developed and led 5 global revenue trainings tailored to specific organizational groups, including sales, accounting and legal.

Dallas/Fort Worth Area

• Leader of revenue consulting team at Imagine Communications. Managed 4 consultants, providing contract review, audit support and revenue reconciliation support for $400 million dollar media business.
• Successfully managed the auditor requests, support analysis, consultation with national partners and completion of all revenue related testing for client’s 2013 and 2014 annual audits.
• Considered revenue recognition expert, leading initiatives to mitigate client-related revenue recognition issues while consulting with all members of client’s senior executive team, vice presidents and sales leaders.
• Assisted client with the creation of revenue recognition training material and led revenue trainings on client’s behalf.
• Mentor to three junior staff, providing coaching and feedback on performance and presenting annual results in front of the review committee

Dallas/Fort Worth Area

• Responsible for managing several private equity funds for high profile clients with commitments totaling over $1.8 billion, including cash management duties, monthly and quarterly reporting, financial statement.
• Drove the creation of financial statements and a revised quarterly report for two new funds.
• Lead coordination efforts alongside the Corporate regulatory and compliance team to provide responses to new SEC Form PF regulations effective January 1, 2013 for registered investment advisors.
• Responsible for accuracy and completeness of data conversion surrounding managed funds as part of a new accounting system implemented in August 2013.
• Lead demonstrations of new accounting systems and dashboard functionality to potential clients.
• Team Captain for one of the Company-wide service initiatives, organizing over 25 volunteers to participate in a day of service for a local early childhood outreach program for homeless youth.

Dallas, TX

• Served as lead senior manager, providing audit and business assurance services on a wide range of companies in both the Technology and Financial Services industries.
• Responsible for the review of regulatory filings, including SEC forms (10-K, 10-Q, S-3, N1-A, etc.) to ensure compliance with disclosure requirements and accuracy of the financial information.
• Researched and advised clients on complex accounting issues, providing technical expertise on revenue recognition, business combination and purchase allocation, debt extinguishment, equity refinancing, consolidation.
• Developed training material for the PwC technology and investment management practice and instructed training courses at both the regional and national level.
• Confident presenting in front of Boards and Audit Committees and have done so on many occasions for both public and private companies within both the technology and investment management practice.
• Experience includes analysis and presentation of financial results, budget and project status update to senior management and audit committee members; including areas for improvement and efficiency.