Ron Borel, CPA, CFE

Ron Borel, CPA, CFE

Business Owner

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  • Timeline

  • About me

    Vice President-Corporate Controller at Trajector Medical / Trajector Disability/ and Affiliates

  • Education

    • Lamar University - College of Business

      1975 - 1977
      Bachelor of Business Administration - BBA (With Honors) Accounting

      Activities and Societies: Outstanding Senior Student Recognition, Delta Sigma Pi Business Fraternity (President), Accounting Society, Blue Key Men's National Honor Fraternity, Student Government, VetRep (Veterans Representative on Campus)

  • Experience

    • Ron L. Borel, CPA, CFE Certified Public Accountant and Consultant

      Jan 1985 - Dec 2008
      Business Owner

      Worked in public accounting with extensive experience in audit (profit, non-profit and governmental), taxation (federal and state), management advisory services, litigation support services, mergers and acquisitions and forensic accounting.

    • Triangle Waste Solutions, LP

      Jan 2008 - Jan 2011
      Chief Financial Officer

      Waste collection and disposal services, including equipment rentals and recycling facility.Responsible for directing the entities’ overall financial policies, including overseeing all financial functions including accounting, budget, credit, insurance for the largest, privately owned waste collection company in Southeast Texas. Prepared various monthly, quarterly and annual reports which analyzed financial operations of the company with historical, budgeted and industry standard data. o Designed a wide variety of accounting and EXCEL statistical data reports which included in-depth analysis of the financial operations, from line item revenue producer levels, to the various division profitability, to the combined financial operations of the multi-division company. o Designed extensive financial reports presented to the senior management/owners. o Negotiated significant bank multi-loan refinancing into consolidated loan at a reduced interest rate producing material annual benefits o Reviewed and negotiated bank line of credit funding and capital expenditures credit line funding. o Established financial controls to identify potential misappropriation of company assets.o Established collections department procedures reducing accounts receivable aging from 80+ days to 43 days average outstanding, including the collection of seriously delinquent accounts.o Established accounts payables department procedures reducing accounts payable aging from 60+ days to 20-25 days average outstanding.o Increased division bottom line profitability by 10-15%.Entity sold in late 2010 with transition into 2011. Show less

    • Performance Pressure Pumping Services, LLC / EPIC Wireline Services, LLC

      Mar 2011 - Jun 2016
      Chief Financial Officer

      Oil & gas exploration heavy equipment rentals and wireline services.Responsible for directing the entities’ overall financial policies, including overseeing all financial functions including accounting, budget, credit, insurance and taxes. Prepared various monthly, quarterly and annual reports which analyzed financial operations of the company with historical data. Prepared key performance indicators for review and analysis.o Prepared financial projections and analysis for start-up company ventures, including presentations with investorso Liaison with financial institutions, customers, vendors and major equipment supplierso Designed accounting and EXCEL statistical data reports which included in-depth analysis of the financial operations, from line item revenue producer levels, to the various locations profitability o Implemented job costing accounting system to provide job costs quality control, more accurate labor distribution, and more reliable representation of job profitabilityo Implemented purchase order system to establish accounting controls within accounts payables processingo Established financial controls to identify potential misappropriation of company assets.o Improved data input time of financial transactions into accounting software system Show less

    • Industrial Consultants, LLC / Excavation & Construction, LLC/ Creole Steel of SW Louisiana, LLC

      Jun 2016 - Jun 2019
      Chief Financial Officer

      Responsible for approximately thirteen affiliated entities’ (civil construction, metal fabrication, real estate rentals, oil transportation industries) financial operations, including financial statement preparation, federal income tax and state tax preparation. Prepared various monthly, quarterly and annual reports which analyzed financial operations of the company with historical data. Prepared key performance indicators for review and analysis. o Designed accounting and EXCEL statistical data reports which included in-depth analysis of the financial operations, from line item revenue producer levels, to the job cost profitability o Implemented job costing accounting system to provide job costs quality control, more accurate labor distribution, and more reliable representation of job profitabilityo Prepare monthly work-in-progress reports for revenue recognition and bonding companies. During process, perform detailed review and analysis of work-in-progress elements to insure accuracy and comparison to project budget/bid amounts.o Established financial controls to identify potential misappropriation of company assets.o Preparation of entity federal income tax returns and state franchise tax returnso Assisted directly in the acquisition and sale of several entities Show less

    • Trajector Medical (Vet Comp and Pen Medical) / Trajector Disability / Trajector Legal/and Affiliates

      Dec 2019 - Feb 2022
      Director of Finance and Accounting - Senior Controller / Chief Financial Officer
    • Trajector Medical / Trajector Disability / Trajector Legal and Affiliates

      Feb 2022 - now
      Vice President - Corporate Controller
  • Licenses & Certifications

    • Certified Public Accountant

      Texas State Board of Public Accountancy
      Nov 1981
    • Certified Fraud Examiner

      Association of Certified Fraud Examiners (ACFE)