Jim Holloway, CPA, CGFM, CICA

318 Plantation Way, Athens, AL 35613

Phone 256-771-1128, Cell 256-497-2600
Email: jhfc979a@westpost.net

Objective:
Establish and maintain a strong accounting environment in order to meet financia
l, operational, and reporting objectives.
Experience:
2009 - Present
Williams, Adley, & Company, LLP
Huntsville, AL
Senior Accountant/Consultant
* Contract with the Missile Defense Agency (MDA) as a member of the Operating Ma
terials and Supplies Audit Readiness Team. This team is responsible for ensurin
g various organizations within MDA will satisfy the legal requirement via the Ch
ief Financial Officers (CFO) Act for Department of Defense (DOD) to produce a se
t of auditable financial statements.
* Prepare quarterly financial information for the Aegis (AB) missile program to
be included on MDA's financial statements.
* Prepare test plans for internal controls dealing with inventory documentation,
physical inventory test counts, and financial statement reporting.
* Prepare corrective action plans for internal control deficiencies discovered i
n the control tests.
* Meet with various government leads to discuss and document their planning and
procurement processes and prepare flowcharts of the documented processes.
* Prepare Financial Improvement Plans (FIPs) for various government organization
s for use throughout MDA. These plans are utilized by various agencies to assis
t in their understanding and implementation of effective internal controls over
inventory assets.
2001 - Present
Jim Holloway, CPA
Athens, AL
CPA/Owner
* Prepare annual income tax returns for personal, corporate, and partnership ent
ities.
* Prepare financial statements under cash, tax and GAAP basis for various entiti
es on a monthly, quarterly, and annual basis.
* Set up and maintain a Section 125 cafeteria plan for health insurance, dental
insurance and a medical spending account.
* Consult with companies on the needs to establish various retirement plans incl
uding 401k and SEP plans, as well as preparing and implementing cost / benefit a
nalysis for additional employee benefit plans.
* Annually consult with individuals and companies on tax planning and strategies
 to increase earnings while lowering tax liabilities.
* Consulting services provided for a logistics corporation located in Huntsville
, AL. Services included: consultation on payroll, invoicing to the prime contra
ctor, and the calculation of allowable, chargeable rates under the FAR.
2007 - 2009
ADS Environmental Services, LLC (An IDEX company)
Huntsville, AL
Senior Financial Reporter
* Prepare monthly and quarterly consolidated financial statements generated from
Deltek Costpoint. The financial statement preparation includes 3 domestic comp
anies and 3 international companies. The reports prepared are a consolidated ba
lance sheet, consolidated income statement, and a consolidated statement of cash
flows.
* Identified and resolved inventory discrepancy issues within Deltek Costpoint.
This project involved troubleshooting the setup of Costpoint as the inventory a
mounts on the general ledger did not match the detail inventory ledgers.
* Prepare various operational reports for the parent company (IDEX). These repo
rts include, but are not limited to, various monthly flash reports, fixed asset
and intangible roll-forwards, cash receipts and disbursements, and consolidated
international cash flow statements. Each of these reports includes detailing th
e effect from foreign currency changes.
* Responsible for the preparation, distribution, and consolidation of the annual
budget template files to the various department managers.
* Responsible for various account reconciliations, including inventory and inven
tory reserves.
* Prepare foreign currency translations between the United States, Singapore, Au
stralia, and New Zealand.
* Responsible for GAAP compliance on financial reporting issues. This includes
research on current and potential GAAP standards.
* Responsible for purchase accounting compliance dealing with mergers and acquis
itions. These responsibilities include, but are not limited to, the proper valu
ation and recording of intangibles and Goodwill, fixed assets, and equity accoun
ts.
2006 - 2007
Pesa Switching Systems, Inc.
Huntsville, AL
Financial Reporting Manager / Accounting Manager
* Prepared monthly and quarterly financial statements for a publicly traded comp
any in Canada. The financial statement preparation included the balance sheet,
income statement, and the statement of cash flows.
* Prepared monthly information dealing with foreign currency exchange translatio
ns between the US dollar, the Canadian dollar, the British pound, and the Euro.
This information included financial statement amounts as well as payable and re
ceivable invoice amounts.
* Prepared the financial statement notes for inclusion with the 2006 audit. The
notes were presented to the company's CFO for approval.
* Responsible for GAAP compliance for the company's quarterly and annual financi
al statements. Also, researched and implemented several GAAP changes to the com
pany's financial statements, including amounts related to a pension curtailment
gain and warranty exchange issues.
* Compiled and prepared the annual departmental budget for presentation to the V
P of Finance. The departments included G&A, engineering, manufacturing, and sal
es and marketing.
* Supervised many of the day to day activities of the accounting and finance dep
artment including accounts receivable, accounts payable, bank reconciliations, a
nd sales tax preparation for seven different states. This process included mana
ging the accountants in receivables and payables, approving receivable and payab
le batches to be posted, approval of the bank reconciliations, signing checks, a
pproval of the petty cash reconciliation, and review of monthly journal entries
proposed by the cost accountant.
* Worked with the cost accountant in analyzing monthly variances, and setting co
st parameters under the company's standard cost accounting system.
2002-2006
Trevorn Technologies, Inc.
Athens, AL
Controller
* Prepared financial statements including monthly and quarterly statements, cash
projections, and budgets to present to the board.
* Supervised all day to day activities of the accounting and operations departme
nt including accounts receivable, accounts payable, inventory management and con
trols, bank reconciliations, payroll and payroll tax return preparation, human r
esources functions, and sales tax preparation. Also prepared the company polici
es and procedures manual as well as the employee handbook.
* Assisted in acquiring small business loans and other sources of capital.
* Completed a GSA (General Services Agreement) application to enable the company
to begin government contracting work.
* Prepared the annual income tax returns along with all other annual or quarterl
y reports / returns required to be submitted to various government agencies.
1997-2001
CDPA, PC
Athens, AL
CPA/Client Services Manager
* Prepared income tax returns for personal, corporate, and partnership entities.
* Prepared tax, cash and GAAP basis financial statements for various entities on
a monthly, quarterly, and annual basis.
* Completed audit and review engagements for small businesses, local municipalit
ies and low income housing apartment builders. The municipal related audits in
cluded: 1) Limestone County school system, 2) Athens/Limestone County Water and
Sewer Authority, 3) Town of Elkmont, AL, 4) Town of Ardmore, TN, and 5) Town of
Minor Hill, TN. Also, assisted in the consultation and potential implementation
of GASB 29, GASB 34, GASB 37, GASB 38, GASB 45 and GASB Interpretation No. 6 fo
r the governmental entities.
* Managed complete accounting operations for approximately 50 different clients
ranging from technology companies to small food services.
* Managed annual financial compilations for a United States based company with a
Canadian subsidiary including foreign currency exchange conversions. This also
dealt with complications arising from the parent company operating on a calenda
r year while the subsidiary operated on a June 30 fiscal year.
* Assisted in the research and preparation of public company financial statement
s, including filings of forms 10-Q, 10-K and 8-K.
* Placed in charge of GAAP compliance for compilation financial statement prepar
ation.
1995-1997
Johnny Fricke & Associates, PC
Cullman, AL
CPA/Staff Accountant
* Prepared income tax returns for personal, corporate, and partnership entities.
* Prepared tax, cash, and GAAP basis financial statements for various entities o
n monthly, quarterly, and annual basis.
* Completed audit and review engagements for small business and local municipali
ties. The municipal related audits included: 1) City of Cullman, 2) Town of Dor
a, AL, 3) Town of Colony, AL, and 4) Cullman Power Board. In addition to perfor
ming the regular annual audits, prepared a Single Audit for the Town of Colony,
AL for the Fiscal Year Ending September 30, 1996. Also, assisted in the consult
ation and potential implementation of GASB 24, GASB 25, and GASB 26 for the City
of Cullman.
Software:
Microsoft Excel, Microsoft Word, Microsoft Outlook, Microsoft Visio, Microsoft P
owerPoint, Microsoft Small Business Manager, Microsoft FRx, Deltek Costpoint, A
vante' Epicor, Peachtree Accounting, MAS 90, QuickBooks Accounting, Time Value,
Creative Solutions Ultra Tax, CCH Prosystem, and Word Perfect
Education:
University of Kentucky, Lexington, KY
* B.S., Accounting
Professional:
* Active Certified Public Accountant (CPA) License
* Active Certified Governmental Financial Manager (CGFM) License
* Active Certified Internal Controls Auditor (CICA) License
* Member of the American Institute of Certified Public Accountants
* Member of the Alabama Society of Certified Public Accountants
* Active Secret level US government clearance