RANDY WATTERWORTH, CPA, CIA, CISA, CFE, CFM, CMA

Randywatterworth@aol.com (254) 913-0913

EXECUTIVE SUMMARY Seasoned Accounting and Audit leader with 25 years of audit ,accounting , and management experience Established internal audit as a value added partner to senior management Extensive experience in hiring developing and retaining high performing audit staff. Excellent track record of developing leaders for other business units including two Division Controllers, a Cash Manager, a payroll manager and an International Logistics Specialist Lead all aspects of initial Sarbanes Oxley (SOX) 404 compliance project. Worked with management and IT to select and implement a software tool that facilitated the transfer of control documentation and testing to process owners Strong auditing and accounting background with experience in business process redesign, financial statement preparation and reporting, project management, merger and acquisition due diligence; Sarbanes Oxley compliance , internal control evaluation and design , contract compliance and fraud detection and prevention PROFESSIONAL EXPERIENCE and KEY ACCOMPLISHMENTS Senior Consultant Harris and Dickey, LLC 2011-pres Completed contract compliance project for $4B oil field service company resulting in $1.6M dollars in overpayment recoveries Led several internal control evaluation and risk assessment projects resulting in improved internal controls processes Director, Risk Advisory Services Experis Finance (Jefferson Wells International, Inc.) 2008-2011

Practice leader for $2.4M Risk Advisory Services Practice for Dallas Fort Worth Area Developed contract compliance review process that recovered lost dollars and improved clients procure to pay control processes. Planned and led Sarbanes Oxley 404 engagements across various industries with emphasis on manufacturing, oil and gas, and distribution and logistics Provided Sox optimization services to several clients , reducing required control tests by greater the 50% Performed top down risk assessments to identify key risks, opportunities for control improvement and recommended corrective actions. Participated in the implementation of recommended solutions as appropriate and/or requested by the client Managed the performance and development of 35 professionals , including setting goals , appraising performance, and creating training plans Helped expand brand and service offering awareness by delivering seminars to local companies and professional organizations, including the IIA , on Audit plan optimization, Risk Mitigation Strategies in the Current Economic Environment , SOX optimization, and Cost Management Strategies Audit Director McLane Company, Inc. 1993-2008

Chief audit executive with dual reporting responsibility to EVP, Administration and Accounting (CFO) and Berkshire Hathaway (parent company) Audit Director Established professional audit department for logistics Services Company with $26B in sales and 40 distribution centers. Developed initial staffing plan, audit plan, department charter, mission statement, audit programs and companywide risk assessment process. Generated an average of $2 million a year in bottom-line recoveries/cost savings/process control improvements for McLane based on execution of risk based audit plan. Optimized Post audit department processes and approach resulting in average recoveries in excess of $10M a year ( 40% increase in net recoveries) Directed all aspects of financial and operational due diligence for acquisitions of Ameriserve , CD Hartnett and McCarty Hull and Mountain view Marketing and divestitures of McLane America, McLane Foodservice and McLane Foods divisions Continually reengineered audit processes to achieve efficiencies and improve customer service. Implemented customer satisfaction surveys and electronic workpapers. Added Computer aided audit tools (CATTs), ACL and ABC flowcharter. Implemented continuous controls monitoring and auditing process using ACL. Established internship and rotational staffing programs. Created an internal audit website that provided training and guidance on governance, internal control best practices and Sox compliance for the other company employees

Senior Audit Manager

KPMG, LLP

1986-1992

Managed audits for clients primarily in the oil and gas exploration, pipeline, investment advisor (mutual fund sponsors) broker dealer, manufacturing and banking industries in order to fulfill Security and Exchange Commission (SEC) reporting requirements and other regulatory requirements. Presented financial audit results and internal control improvement suggestions to clients and the Audit Committees of my public clients Supervised and evaluated the work of up to 18 audit staff at one time and served as career mentor for 8 staff auditors. Applied complex technical matters to specific company circumstances including income taxes under APB 11 and FASB 96, full cost and successful efforts conversions, pension costs under FASB 106, stock appreciation rights and options , partnership and joint venture accounting and accounting for foreign currency transactions EDUCATION BBA, Accounting, (3.95 GPA)

University of Houston (Houston, TX)

1985