Ronkonkoma, New York, United States
I am passionate about… Specialties: Experienced audit and tax professional at an growing Long Island accounting and consulting firm. My current and past experience includes audits of public/private companies, audits of employee benefit plans, audits of not for profit organizations, Sarbanes Oxley (SOX) 404 audits & Single Audits/HUD audits. My experience also includes tax compliance services for corporations, partnerships, not for profit organizations and for high net worth individuals. I have primarily served middle market clients in the retail and wholesale distribution industries, construction, cannabis related organizations, not for profit organizations and for-profit commercial enterprises in many other industries. I also specialize in providing bookkeeping services to small companies on a weekly, monthly and quarterly basis. Our firm can provide data entry, general ledger maintenance, bank reconciliations and monthly, quarterly and annual closings to generate management use reports. We also provide bill pay services whereby we will review and prepare a "to pay" list for management's approval prior to paying the bills on their behalf. I also specialize in working with other audit firms and their clients where we assist management with the year-end close process by making the adjusting entries in accordance with GAAP and prepare lead sheets and financial statements and related notes for use by the company's outside audit firm.
Promoted to Partner on January 1, 2017 Responsible for assurance and tax clients in the middle market in various industries. Services provided include audit, review and compilations as well as tax compliance services for businesses and non profit organizations. Services also provided include individual income tax compliance as well as planning and outsourced accounting to businesses and and other accounting firm clients and third party bookkeeping services.
Since I joined Sheehan & Company in February 2010, I have been providing assurance, tax and accounting services to small and middle market clients in a variety of industries including textile, construction, manufacturing, retail, wholesale consumer products and distribution, medical practices, attorneys, cannabis dispensaries and other service providers. My responsibilities at Sheehan & Company include the supervision of staff on assurance (audits, reviews and compilations) as well as tax compliance work. A strength of our firm is that the same staff will be involved in providing assurance and tax services so the client can be able to ask not only how they are doing in regard to financial reporting but also from a tax perspective. I also supervise our bookkeeping staff that provide specific services to clients including date entry, bank reconciliations and general ledger maintenance and adjustments that result in management use reports to allow clients to better manage their businesses. I also supervise our outsourced accounting practice that assists client and their independent auditors by making the adjustments necessary to close the books for the year and prepare financial statements and related notes that can be audited by the audit firm. This is a great help to other auditors and their clients.
• Responsible for a wide range of engagements in several different industries (primarily retail and distribution) involving both public and privately held companies. Current clients range in size from $15,000,000 to over $400,000,000 in annual sales. Major public clients serviced have included Jones Apparel Group, Inc., Kmart Holding Corporation, Gristede’s Foods, Inc., Syms Corp., Hometown Auto Retailers, Inc., Oneida Ltd., P&F Industries, Inc. and Hirsch International Corp. • Responsible for developing audit plans and risk assessment, detailed review of work papers, evaluation of engagement performance, management and supervision of accounting staff. Designated as a specialist in employee benefit plan audits. • Assisted clients to strengthen internal control, risk monitoring and strategic risk management. Responsible for audit planning and supervision for internal control audits required by Sarbanes Oxley Section 404 as well as management of Special Purpose Acquisition Corporation (SPAC) audits. • Responsible for organizing and developing audit findings and recommendations regarding business process optimization, internal control and compliance and meeting with client management to discuss the required communications and audit results. Negotiate fees and settlements and develop and manage critical client relationships and deliver quality service through the full breadth of the firm’s capabilities while identifying new client service opportunities. • Advise client management on compliance and SEC matters, SEC filings, registration statements, proxy and going private transactions. Identified client cost savings opportunities and developed management letter recommendations. • Was an annual lecturer for second year accounting staff firm wide national training in audit procedures. • Performed royalty and sales audits, due diligence and agreed upon procedures engagements related to client acquisitions and other special projects.