Database of experts / Michael Auman
IntroductionAn adept problem-solver with demonstrated leadership skills in government and several industrial sectors including: manufacturing, utilities and energy; banking, financial services and insurance, retailing and merchandising; hospitals and health care. U.S. and international experience in general / financial management, strategic planning, startups, turnarounds, business development, human resources and administrative management. Proven track record implementing controls, increasing revenue opportunities, controlling costs and improving executive decision processes. An analytical manager with the flexibility to quickly adapt to changing conditions.
Utilized “best practices” technology and diversified experience in financial and administrative management to make objective assessments of organizational structures, operational workflows and reporting requirements, to recommend changes for improved performance and greater profitability. Directed and performed operational and financial audits in various industry sectors with the objective of enhancing reporting practices, strengthening internal controls, and optimizing operations functions through organizational restructuring, management and procedural changes. Can simultaneously direct several projects effectively.
Several years of personal involvement in emerging and developing countries, assisting enterprises in the implementation of Western Standard financial management and business practices. Strong operational understanding of issues related to business, accounting and financial management conversion for enterprises in the NIS. Demonstrated ability to develop productive relationships with foreign financial managers while implementing Western management principles.
Citizenship: United States
Birthdate: November 30, 1999
Gender: male
| Permanent address | Current address |
|---|---|
| , , , |
1203 Enterprise Way, #265,, Marion, IL, 62959, United States Phone: 618 993 0688 Email: maumancpa@msn.com |
| Location | Period | Degree obtained | |
|---|---|---|---|
| From | To | ||
| CPA, University of Illinois | January 1, 1976 | December 1, 1976 | |
| Southern Illinois University | January 1, 1972 | December 1, 1974 | MBA |
| Southern Illinois University | November 30, 1999 | November 30, 1999 | BS |
| Continuing Professional Education (CPE) | January 1, 1972 | December 1, 1972 | |
| Member of the American Institute of Certified Public Accountants | November 30, 1999 | November 30, 1999 | |
Work experience
| From: January 1, 1998 |
To: December 1, 2006 |
Position: Contract Consultant |
| Organization: Michael Auman, CPA |
Business type: |
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| Address: Tomsk, Russia; Kampala, Uganda; |
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| Description: System Reviews – Conducted foreign organization system reviews for the National Institute of Health on a Russian grantee organization involved in the research, diagnosis and treatment of HIV/AIDS. The objective of the operational and internal control review was to assist management and promote the effective and efficient use of available grant funds. Similar financial assessments were also conducted on organizations in Uganda and Zambia. Project Proposal – Completed a study tour and led a team (as Chief of Party) that prepared a proposal for donor support of Accounting Reform in Armenia. The plan focused on solutions to obstacles facing the accounting profession by: training qualified accountants to meet demand; establishing a self-regulating body to control professional standards; implementing a new accounting curriculum to better educate accountants. Restructuring / Anti-corruption – Advised and assisted in the reorganization and financial strengthening of the State Revenue Service in the Republic of Latvia. This World Bank project focused on tax and customs operations, with a mandate for improved organizational/procedural efficiency and anti-corruption measures. Project deliverables included recommendations for: an organizational restructuring; enhancements to business planning, budgeting, asset management, operations, and personnel; the introduction of Western style auditing and review techniques. Financial Evaluations – Directed a team that performed financial evaluations of companies within the energy sector (utilities, gas and oil) to determine an appropriate course of action for interested donor and investment groups. This USAID project examined the feasibility of completing a certified financial audit or alternative procedures for the six most important energy companies in Georgia. The final report described the state of financial recordkeeping at the companies along with attendant problems and recommendations for further steps toward privatization. |
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| From: January 1, 1993 |
To: December 1, 1998 |
Position: Business Advisor |
| Organization: Peace Corps of the United States |
Business type: |
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| Address: Estonia and Russia |
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| Description: Functioned as a team player to provide technical business assistance in the Former Soviet Union which involved living on-site and studying the Russian language. Stressed the use of ethical behavior and appropriate levels of transparency in government. Advised Estonian government officials on diverse business matters. Responsibilities included that of Chief Financial Officer for the privatization and commercial development of a former military port – a $100 million project proposed to create hundreds of jobs in mostly rural communities east of the capital, Tallinn. Related activities included business plan compilation and review, finance sourcing and operational controls. -Anti-corruption – Monitored and advised to prevent a multi-million dollar financing fraud submitted to US financiers and a major public corporation. Discovered improprieties through strategy meetings with government officials and project developers, secured documents to expose improper business arrangements, and presented findings to US investment bankers and corporate executives that chose to withdraw from the international deal. -Project Evaluations – Explored local, regional and national project opportunities with government officials, developers, private investors and investment bankers. -Economic Planning – Evaluated the compilation of economic and other data by government planning officials and recommended that the processes/procedures be reorganized to improve the quality of local and regional development plans. -Business Consultations – Advised and assisted small and medium size business (SME) owners with start-ups, expansions and operations improvements. -Community Development – Coordinated efforts with PVOs and government to provide training materials and educational programs for local businesses and residents. Included were a management-training program and multi-media community health awareness program. Prepared grant proposals to secure funds for communication, recreation and tourism projects. -Training Programs – Instructed and trained business owners and students in accounting and control methods that would facilitate operational and procedural efficiency and effectiveness. Created and installed a basic business training program to solve problems in industry. -Business Development – Advised and assisted diverse international business groups to cooperate and partner on projects where mutual benefits and synergism were likely to occur. Collaborated with the Mayor and officials of Vladivostok, the largest city in the Russian Far East, to develop a plan for economic transition which would redeploy capital assets, restructure departmental operations and streamline routine administrative procedures. Plan strategy focused on a coordinated effort with regional authorities and the optimum utilization of limited resources. -Presentations – Presented Western style management concepts and forecast targeted results for municipal operations to senior city government officials after completing a review of planned construction, budgetary constraints and environmental concerns. -Restructuring – Cooperated with senior city officials on a project to determine an optimal structure and staffing for municipal government. Priority considerations were given to devastating sanitation and water pollution problems coupled with a very limited budget strained by tax collection delinquencies. -Economic Development – Analyzed data to assess the impact of government spending on economic development plans. Advised officials of fundamental infrastructure and other requirements necessary to successfully market the city and region to investors. |
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| From: January 1, 1979 |
To: December 1, 1993 |
Position: Managing Director – Clients included Fortune-listed companies |
| Organization: Auman Associates |
Business type: |
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| Address: Dallas, Texas; Atlanta, Georgia |
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| Description: Delivered general financial management consulting services to clients in various industries including: hospitals and health care; manufacturing; retail; energy; banking, financial services and insurance. Project oriented consulting with focus on the accomplishment of specific objectives. Individual and team engagements with less than ten direct reports. Effectively directed several project simultaneously. Examples of services delivered include the following: Financial Management / Consulting -Acquisitions – Reviewed and evaluated potential acquisitions for companies through record examination, analysis and projection, thereby reducing purchase price and identifying optimal integration with existing businesses. -Divestitures – Advised and assisted senior management in the divestiture of an operating division. Served as interim financial officer and oversaw accounting operations (receivables, payables, etc.), general ledger preparation and financial reporting. Implemented procedures to reduce receivables collections periods and minimize further inventory investments. -Feasibility Study – Consulted to establish the project design of a feasibility study to evaluate the economic and social impact of a major capital equipment and facilities expansion for an oil refining and distribution company. -Financial Reporting – Prepared assorted financial reports (including financial statements and analyses, budgets and forecasts, etc.) for internal and external distribution via personal computers and popular software programs. -Financial Audits – Conducted financial audits, completed consolidated financial statements, and prepared tax returns to satisfy various reporting requirements. -Business Surveys – Surveyed business and financial operations with the objective of proposing a course of action to improve bottom-line results. Collaborated with executive management to assess organizational needs and decide on project implementation. -Business Consultations – Advised and assisted small/medium enterprise (SME) development through business plan preparation, financing arrangements, restructuring, and training. -Productivity Improvements – Conducted productivity studies and profitability analyses to evaluate business operations and provide management with strategic plans for future growth. -Portfolio Reviews – Acquired and utilized securities and insurance licenses for client development and a technical/marketing knowledge base to facilitate consultations. Evaluated individual and business needs to ensure adequate insurance coverage and an appropriately diversified investment portfolio for optimal performance. -Business Finance – Consulted with financiers and borrowers concerning suitable financing packages that included small business/personal loans, accounts receivable financing, factoring, leasing and inventory/collateral loans. -Hospital Administration – Improved a hospital’s admitting procedure, prepared job classifications for all personnel, and evaluated various professional services via financial/operational analysis. -Record Recovery – Reconstructed and reviewed financial records for municipal governments to ensure the propriety of reporting and compliance with regulations. Financial / Operational Auditing -Audit Programs – Created and installed an operational/financial auditing program for an international manufacturer and distributor of consumer and industrial goods. -Internal Control Reviews – Performed internal control reviews for a major manufacturer that included examinations of: purchasing operations; inventory costing and valuation; warehousing and shipping procedures; product development operations; data processing systems security and backup. -Management Audits – Conducted extensive operational and financial reviews that encompassed the full range of retail activity through the sales audit and advertising functions. -Policies and Procedures – Conducted a comprehensive review of commercial loan policies and procedures involving leasing, equipment sales financing, accounts receivable lending, factoring, collateral and signature loans. Financial and operational auditing focused on procedural compliance and detection of fraud. -Management Information Systems – Reviewed management information systems reporting for propriety and distribution, simultaneously evaluating internal control procedures. -Joint Ventures – Reviewed corporate treasury and venture capital operations, including a joint venture proposal that was developed to facilitate shopping center construction and management. Researched and developed the tax implications of diverse business strategies. -Financial System Reviews – Conducted reviews that included the budget processes, account classes and variance reporting. Reviewed revenue and expenditure systems, documenting and evaluating internal controls for compliance and adequacy. Examined procurement functions for propriety, including proper authorizations and accounting. General / Operations Management -Business Development – Created a database of associates and prospective clients for use in sourcing new business while maintaining a competitive posture in the marketplace. -Career Development – Advised and assisted in the formulation and execution of customized executive marketing programs, which resulted in career growth and development for clients. -Conflict Resolutions – Demonstrated exceptional diplomatic skills when negotiating conflict resolutions with senior institutional administrators and government officials. -Information Systems – Collaborated with health care managers, practitioners and educators, on a regional health information system project to enhance the allocation of limited resources. -Interim Management – Served as interim financial or operations officer for companies during periods of transition. Planned and directed special projects in conjunction, utilizing existing staff when possible. Supervised managers / professionals and attendant staff. -Management Review – Reviewed lessee business operations and financial records to determine compliance with contractual obligations and the propriety of payments to lessor. -Operations Management – Created the role of trouble-shooter for senior management and subsequently completed various operating assignments. -Policies and Procedures – Developed and implemented policies and procedures to facilitate the operations and growth of a virtual Internet company with partners dispersed nationwide. -Preventive Maintenance – Established preventative maintenance procedures for physical plant and other facilities based upon operating requirements and cost/benefit analysis. -Product Evaluation – Reviewed and revised the content of an Internet-based business diagnostic program which was developed to provide comprehensive assistance to small and medium sized businesses. -Property Management – Managed residential properties including single and multiple family units. Developed land and buildings as warranted. Arranged sales based upon economic and market conditions. -Restructuring – Introduced changes in organizational structure and operating procedures to enhance effectiveness and efficiency of operations. -Startups – Advised and assisted in the startup of traditional and Internet-based business ventures to enhance the product or service offering and increase the potential for success. -System Development – Developed an automated price authorization system for a national sales and marketing organization to improve the review of non-standard price requests and expedite the approval process. Human Resources / Administrative Management -Employee Benefits – Examined and evaluated various employee benefit programs to ensure the dissemination of stated benefits and the propriety of costs. Interacted with insurance and pension plan personnel in the resolution of complaints. -Executive Search / Placement – Recruited senior management level healthcare executives to satisfy the organizational requirements of small and medium size hospitals. Created and developed an innovative, Web-based program to market and place senior hospital executives. -Insurance / Risk Management – Solicited bids for insurance coverage based upon realistic market values and loss expectations. Evaluated costs of coverage versus probability of loss to ensure optimal position. -Labor Relations – Advised and assisted with both recruiting and outplacement efforts for management and staff in order to satisfy identified changes in personnel requirements during a company’s liquidation. -Labor Unions – Examined the propriety of corporate dealings and financial transactions with various labor unions. -Legal Matters – Arranged for legal counsel as appropriate in various civil matters. Completed and presented financial project work for the court’s consideration in business bankruptcy proceedings. -Personnel Administration and Budgeting – Created job descriptions and specifications for personnel in all departments of a hospital, subsequently reviewing pay rates and preparing operating budgets through collaboration with line managers. -Worker’s Compensation – Reviewed the handling of claims and interaction with government officials to determine the propriety of associated actions and costs. Training -Change-Management – Conducted business meetings with management groups for information transfer and to facilitate the implementation of new concepts and procedures. -Management Development – Facilitated the development of business managers in various aspects of operations and financial management through instruction and other informal knowledge transfer methods. -Training Materials and Presentations – Prepared and edited instructional materials to facilitate training programs in both classroom and boardroom sessions. Created and developed presentations for business groups to explain the methods and procedures required to implement desired organizational changes. Presented educational and informational programs to business and student groups. |
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| From: January 1, 1976 |
To: December 1, 1979 |
Position: Audit Manager |
| Organization: Associates Corporation of North America (a Citigroup company) |
Business type: |
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| Address: Dallas, Texas |
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| Description: Planned and directed internal audits, assisting with the certified audit and annual report compilation. Reviewed all loan policies / procedures and created operational / financial audit programs for all commercial finance operations. |
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| From: January 1, 1974 |
To: December 1, 1976 |
Position: Audit / Consulting Senior |
| Organization: Ernst & Young |
Business type: |
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| Address: Chicago, Illinois |
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| Description: Assigned to audits of general / mortgage banking and manufacturing clients, also preparing tax returns and SEC reports in conjunction. Interpreted and evaluated statistical data for urban planning and other feasibility studies. |
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Languages
| Language | Speaking | Reading | Writing | Understanding |
|---|---|---|---|---|
| English | Native | language['reading'] | language['writing'] | language['understanding'] |
| Russian | Good | language['reading'] | language['writing'] | language['understanding'] |
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