Tom Crone, Cpa (Inactive) Email & Phone Number

Costa Mesa, Ca

Assist owner by bringing senior management review and oversight to his operations including: improving cash flow, servicing line of credit, enhancing gross margins by analyzing job-by-job performance, streamlining operations, creating internal controls to strengthen prevent and detect control mechanisms.

Costa Mesa, Ca

Provide financial management to enhance cash flow, improve profitability and develop more efficient internal process flows designed to strengthen communication and generate timely management information to make better business decisions.

Corona Del Mar, Ca

Providing on-going financial management services to improve operations; re-design corporate information systems; strengthen internal controls and financial oversight; and improve profitability.

Corona Del Mar, California

Led fast-paced growth of nation’s premier real estate asset management company nation-wide disposition of 55,000+ residential bank-owned properties, generating proceeds of $10 billion to nation’s largest US banking clients. Directed fast-paced growth periods and managed up to 180 employees during the peak years of the housing crisis.● Designed and implemented internal controls (both prevent and detect) saving the company over $1 million.● Developed and implemented a comprehensive make-over of financial systems (reduced/streamlined the General Ledger Chart of Accounts from over 10,000 accounts to 250 accounts) enabling the company to retain software application saving $250,000 in software, training and systems-migration costs. ● Improved processing times and strengthened internal controls by engaging off-shore talent to automate work-flows enabling departments to reduce staff by 66%; ROI was over 100% in first year.● Developed, implemented and fully tested disaster recovery and business continuity plans to ensure viability of business operations under any disaster scenario.● Supported and oversaw the company’s responses to all on-site audits/reviews/inspections by client personnel and compiled all detailed responses to all inquiries. ● Managed/oversaw all complaints, threatened, and actual litigation brought against the Company for over 6 years. Mitigated legal fees by adopting pro-active response protocols to swiftly address contentious issues and contain both legal and indemnity costs saving over $100,000.

Costa Mesa, Ca

Purchased small family-owned fabrication company that custom designed/state-of-the-art retail store fixtures and trade show exhibits for many of the nation’s premier companies. Recruited and managed top talent to successfully double top-line revenues sales in two years. Expanded clientele to include Cartier, Traditional Jewelers, Billabong, Nissan, Boost Mobile, Ziff-Davis, Teva, In-N-Out, Reef, and Olukai among others. Emphasis in action sports retailers including: Spy Optics, Rip Curl, K2 Snowboards, Zinc, Michael Stars, Beachworks, Yakety Yak Wireless, Pure, O’Neill Clothing, Initium Eyewear, and Analog.

Los Angeles, Ca

Recruited as one of six key insurance executive to play a key role in providing strategies and senior management leadership for the financial and operational aspects of a highly respected and successful 50-state, $2B property/casualty insurance liquidation; in what Congressional investigators termed “The Titanic of Insurance Insolvencies.► Fraud Investigation/Asset Recovery ● Identified suspicious financial transactions booked by prior management of Transit in their regulatory filings prior to insolvency which became the center-piece of the Directors and Officers litigation brought by the Special Deputy Receiver and resulted in a $16MM recovery.● Led the litigation effort on behalf of Plaintiffs bringing suit against BFMIC and others which became the largest single piece of litigation in the history of the British Commonwealth. Recovered over $25MM to the BFMIC estate, as well as a common stock interest in the surviving entity (BF&M).► Operational Effectiveness/Business Process Improvement ● Developed business strategies to maximize the recovery of reinsurance assets in excess of $1.2B. Managed business units supporting recovery efforts from over 1,700 reinsurance companies located in 30 countries worldwide. ► Financial Management Systems Design ● Oversaw investment portfolio in excess of $650MM and interfaced with outside investment consultants and actively served on Investment Committee. Developed and monitored a Court-approved asset distribution plan and formula and dynamically-integrated asset distribution model to meet future asset distributions to creditors exceeding $1B.Monitored investment performance and managed liquidity of portfolio distributions.● Worked closely with (PriceWaterhouseCoopers, Ernst & Young, EMB Consultancy to develop a comprehensive system to track and allocate to complex treaty and facultative reinsurance coverage profiles the paid loss, case reserves and IBNR of the largest and most complex mass tort claims.

Irvine, Ca

Managed wide-ranging insurance operations business units including financial and agency accounting, customer support for corporate and financial institution insurance products, computer programming staff for all major business systems of a worldwide insurance conglomerate with four US, two Canadian and two Australian insurance companies, plus operations in Bermuda, Japan and the UK.● Managed a team of 20-30 programmers that provided custom application support for all critical business systems including: financial accounting and budgeting; property/casualty claims; property/casualty policy issuance; life/A&H claims; loss/IBNR reserves; credit union and forced-placed insurance; credit card protection insurance; premium and agent accounting; actuarial; and management reporting applications.● Improved and streamlined management reporting to allow accurate profit and loss reporting by line of business which identified under-performing business units.● Oversaw wind-down of Managing General Agent operations (extremely un-profitable line of business) and efforts to collect past-due premiums and including managing litigation and providing expert testimony.● Managed the receipt and roll-up of monthly financial reports from international subsidiary companies including operating companies in Australia, Japan, Canada, Bermuda and the United Kingdom.

Orange County, Ca

Supervised and conducted independent audits, reviews and IPO's for a wide variety of public and private entities including insurance, banking, manufacturing and high technology computer and medical firms.● Extensively trained in financial audit, reporting and computer audit techniques at EY’s national education center in Reston, VA.