Stephen Johnston Email & Phone Number

Norwalk, Ct, Us

Responsible for the oversight of Terex’s global accounting and financial reporting operations, financial planning and analysis (FP&A), financial systems and internal audit.

Norwalk, Ct, Us

Responsible for the oversight of Terex’s global accounting and financial reporting operations, including quarterly and annual reporting on Forms 10-Q and 10-K, respectively, as well as internal control over financial reporting in accordance with Sarbanes-Oxley requirements, and serves as the company’s Principal Accounting Officer in accordance with SEC regulations. Primary interface to the Audit Committee of the Company's Board of Directors related to quarterly and annual financial filings and internal control assessments, as well as all other matters related to accounting standards, policies, and internal control over financial reporting.

Norwalk, Ct, Us

Direct all aspects of financial reporting with the SEC, responsible for internal controls over financial reporting, facilitate Disclosure Committee meetings and review draft filings with the Audit Committee, provide technical accounting support, lead special projects and initiatives aimed at improving the financial reporting process, and assist in preparing and publishing quarterly earnings release and financial presentation.Selected Accomplishments:- Maximized the effectiveness of the External Financial Reporting department (7 employees) by assessing team performance on a continuous basis, and providing real-time guidance, mentoring and professional development for each team member.- Improved the preparation process of Forms 10-Q and 10-K filings by eliminating redundant and unnecessary disclosures, leading to more clear, concise and understandable information.- Successfully obtained a waiver from the staff of the Division of Corporation Finance to omit certain financial statement information required under Regulation S-X.- Focused on continuous process improvement by designing a methodology to manage departmental initiatives, enabling acceleration of the team’s throughput and responsiveness to business units.- Coordinated implementation activities on all new accounting standards facilitating successful implementation of the new revenue accounting standard, extreme preparedness to comply with the new lease accounting standard and accelerated adoption of the new derivative accounting standard.- Drove accountability from our external auditor and other service providers by proactively managing these relationships resulting in on-time delivery within the agreed budget.- Established and maintained strong working relationships with key functional departments by openly communicating and adjusting leadership style depending on the situation and audience.

Stamford, Connecticut, Us

Managed the consolidation of financial information, expense recording and allocations, intercompany billings/ transfer pricing considerations, financial statement and expense reporting, global accounting policies and processes, chart of account maintenance and the annual budget process.Selected Accomplishments:- Transformed the Financial Reporting and Expense Management departments (11 employees) by integrating these teams into the rest of Finance. This process provided clarity in roles and responsibilities, eliminated non-value added processes, optimized internal controls, and significantly expanded analytics which ultimately led to a correction on the statement of cash flows.- Increased departmental output by continuing to streamline operations as supported by each team’s ability to absorb the impact of staff reductions while still fulfilling its remit.- Introduced new expense analysis that aided units in meeting budget directives.- Created a global close calendar that standardized cutoffs and deadlines, creating clear expectations and thus capacity to perform analytics desired by senior management.- Designed a process to comply with recently issued and emerging U.S. GAAP accounting guidance which included assessing recently issued Accounting Standards Updates (ASUs), promoting awareness of emerging U.S. GAAP accounting guidance, and developing implementation plans for ASUs effective in future periods.- Drove alignment between policy and process by overseeing the effort to formally document significant accounting policies leading to greater consistency in the application of U.S. GAAP globally as well as the formal documentation and assessment of accounting conventions.

Stamford, Connecticut, Us

Managed the overall strategic and operational direction to the Global Internal Audit Department (12 employees and outsourcing partner). Delivered independent, objective analysis of operations to boards, audit committees, risk committees, and management around the world. Audit services include regulatory, risk and rotational audits, internal control testing, and ad hoc projects.Selected Accomplishments:- Liaised with U.S. and international regulatory bodies, external auditors, boards, audit committees, risk committees, and management to ensure that specific requests, issues or requirements were addressed and when necessary communicated to the General Re Corporation Audit Committee.- Instilled a level of trust and empowerment that allowed individuals to act independently and achieve success without undue oversight.- Increased collaboration between the North American and International audit teams promoting consistency in practices, improved quality, and skill based resource deployment. - Improved the quality of the audit reports.- Developed a risk rating process resulting in timelier remediation of significant findings.- Assisted risk management in the preparation of an annual General Re group risk assessment.- An independent assurance review of the Internal Audit Department in 2012 noted significant improvements in the overall quality of the department since the previous review in 2007.

Worldwide, Oo

Oversaw multiple engagements and managed the resolution of all legal, regulatory, and accounting issues. Clients included General Re Corporation, PartnerRe North America, PHH Corporation (SEC registrant), Heartland Payment Systems, Inc. (SEC registrant), and various clients in manufacturing, healthcare and cable industries.Selected Accomplishments:- Exhibited deep technical and industry expertise.- Demonstrated a proven ability to achieve and exceed expectations in high-pressure environments.- Performed four quarterly reviews and an audit in a six-month period so PHH Corporation could become a current filer with the SEC.- Emerged from a PCAOB inspection of the Heartland Payment Systems, Inc. with no comments.- Developed and motivated staff by providing career counseling and guidance.