Seth Pomeroy, CPA, MIS

Experience

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  Stotler & Company

  Jun 1987 - Aug 1990

  Broker & Securities Analyst

  Institutional and retail broker and analyst for Stotler & Company, covering the money markets from the Chicago Mercantile Exchange (International Monetary Market), with research department coverage of the same, where I authored a daily wire and provided trade outlook and strategies. Primary market coverage included Eurodollar Futures (SOFR Futures), T-Bill Futures, Eurodollar Options (SOFR Options), calendar spreads, credit spreads, and swaps (fixed and floating hedge strategies). Secondary market coverage included FX Futures, FX Options, and S&P 500 Options. This role was instrumental in my acquiring the skills of detailed pricing, modeling, and commentary. It was my first full time position, and what a way to start, as I experienced the October, ‘87 market crash while on the trading floor. KAOS!𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Covered institutional and retail brokerage accounts through technical and pricing analysis of the money market.•Authored daily wire and quarterly trade recommendations by fair value pricing, forecasting, and chart analysis.•Conducted weekly “squawk box” call on Eurodollar (SOFR) and money market conditions, and trade updates.𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Created fair value pricing models for Eurodollar (SOFR) Futures and spreads using cash market forward rates.•Aided customer’s options trading through monitoring variables affecting standard Black-Scholes model.•Made successful customer trade recommendations based on forecasts for short rates, including Fed Funds.My experiences and the skills I built while at the IMM have provided support in the years since; what I learned from a first row seat in the debt markets, auctions, valuation, modeling, and real-time pricing are a foundation for my work today. My role is somewhat different now, but delivering a similar level of real-time results and pricing is what I strive for in my work with operating companies. Show less

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  Cargill Investor Services

  Sept 1990 - Apr 1993

  Derivative Trading Desk Manager

  Managed Cargill Investor Services (CIS) Derivatives trading desk on the floor of the Chicago Board of Trade (CBOT). Desk was responsible for the analysis, solicitation, and trade execution of CME Interest Rate futures contracts, including Fed Funds, 2-Year T-Note Futures, 5-Year T-Note Futures, 10-Year T-Note Futures, Municipal Bond Futures, 5-Year T-Note Options, 10-Year T-Note Options, and contract spreads to cash Treasury Security markets and other futures contacts (Eurodollar / SOFR, LIBOR / SOFR, 30-Year T-Note Futures). My role encompassed managerial oversight of employees, expertise in contract specifications, deep knowledge of the pricing, trends, and anomalies governing contracts, institutional account management and solicitation, and trade execution. Supporting our work was interest rate analytics and security pricing for futures and cash markets.𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Managerial oversight of 50 institutional and individual accounts through staff of four (4) brokers/analysts.•Solicitation of trade accounts by providing securities analysis, trade recommendations, and market updates.•CBOT exchange membership compliance by passage of Series 3 and Series 63 examinations.•Recommendations to senior management on the investments of the CIS securities portfolio by market analysis.𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Increased Derivative trade desk volume 30% by active solicitation of accounts and trade recommendations.•Authored fixed income and money market securities valuation and trading manual with presentation to CIS.•Built sales and account mgmt. skills through Dale Carnegie training and Cargill’s Management by Objectives.•Created detailed security valuation models using Excel, @Analyst for rich-cheap valuation, implied rates, credit.My takeaways from CIS include skills in modeling, sales, presentation, and account management, and perspective on the real-time nature of capital and auction markets. Show less

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  TransMarket Group

  May 1993 - Apr 1996

  Proprietary Trader Interest Rate Group

  Proprietary trader, Interest Rate Group, for Chicago-based proprietary trading and clearing services firm. My role was now trader –rather than broker— as had been the case in my previous positions with Cargill Investor Services and Stotler & Co. I was active in trading government securities, futures, and options with a focus on the “short end of the curve” (five year maturities and under). The security analysis skills and systems I developed while in brokerage, including models for analyzing trends, hedging simulation, security valuation, and rich/cheap comparison, were put to work. My role required me to anticipate changes in interest rates, relative changes between maturities (yield curve), and market anomalies (rich-cheap consideration for cheapest to deliver).𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Managed a trading book by analyzing market trends, anticipation of rate changes, and security valuation.•Analyzed security prices by programming models using Excel, @Analyst, Bloomberg, and TradeStation.•Created profitable trade outcomes by pricing analysis, trade execution, and systematic risk management.𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Gained experience in trading Eurodollar / SOFR Futures, Fed Funds Futures, 2 Year and 5 Year cash Treasuries.•Advised Interest Rate Group of changes to short-term market rates to help anticipate funding needs.•Designed a systematic trading approach, with designated entry, exit, and consideration of risk-reward.•Used risk management techniques aided by the use of Excel, Bloomberg, @Analyst, and TradeStation.My experience at TransMarket trained me to reconsider market biases, price and manage risk, and simplify business execution rules. I consider these experiences, and use the skills I developed, in my current role as a financial manager (CFO, controller), including those related to modeling, real-time reporting and metrics, risk management, and seeking trade reward. Show less

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  Pomeroy Markets

  May 1996 - Mar 1999

  President/Founder

  Founder of accounting, tax, and consulting practice in Chicago. My practice was founded after leaving a trading career at TransMarket –opting for small business advisory services. As I transitioned to business advisory, I was struck by the lack of integration between various data pools (business transactional, payroll, tax, inventory, asset, etc), and the resulting latency with which systems returned results and metrics to business owners. Not unexpected after having real-time market/security data and analytic services at my disposal in my previous role. This sent me on a quest –still alive to this day— to integrate data sources, analyze, and report on them in a similar real-time fashion. I built relationships with business owners, bankers, consultants and auditors, and enrolled in the DePaul University Accounting Studies program for credit hours required for the CPA exam. 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Serviced a select group of Chicago businesses by compiling financial statements and reviewing results. •Managed tax compliance by filing personal, corporate, payroll, and sales tax returns.•Offered financial/business planning by compensation structuring, compliance review, and market analysis.•Provided financing advisory through review and solicitation of business finance sources from banks and others.𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Created an initial group of business and personal customers through personal solicitation and word of mouth.•Implemented first generation Internet data transfer of customer accounting data from client to my offices.•Completed 32 of 40 hours of accounting credits at DePaul University required for the CPA exam.Building Pomeroy Markets was an entrepreneur effort aimed at serving multiple businesses and their owners, and initiated my lifelong passion of creating real-time business data analysis through dashboards and other real-time reporting layers. Show less

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  Rome Associates

  Apr 1999 - Apr 2004

  Manager Rome CFO

  Manager of RomeCFO, an accounting outsource advisory/practice of Rome Associates a CPA/business consulting firm in Chicago. Our mission was to evolve the accounting, or “write-up,” practice into an efficient, value-added, and integrated service offering for businesses seeking to outsource accounting, controller, and accounting technology functions. To meet this mission, we adopted the first generation of Cloud-based accounting/ERP applications, and utilized web-transfer of client accounting data when adoption was not feasible (early Cloud platforms were short on features). Work and exams were an all-consuming effort, as I studied to pass the CPA, began graduate school at DePaul University for computer science, and lobbied clients and prospects to adopt web apps as fixed-point access to enterprise applications was beginning to fade.𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Managed 5 staff servicing deadlines for 30 clients by ensuring fin. state., tax, and advisory deliverables were met.•Ensured quality of reporting through rigorous account balance review to ensure clients were prepared for audit.•Adoption of early ERP systems by review of functional requirements and configuration of Intacct and NetLedger.•Solicited service and software contracts by discovery of needs for outsourcing, advisory, funding, tax, and audit.𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Increased adoption of web apps for an initial service group of 12 customers for use of Intacct, NetLedger.•Configured Intacct, NetLedger, and other systems, for reporting per GAAP and managerial standards.•Increased professional service fees through personal solicitation efforts ~$325K (total practice ~$3MM annual).•Passed CPA exam and completed 64 of 72 credit hours required for Master of Science, DePaul University. Leaving Rome Associates was necessary, and better opportunity lay ahead in building a practice with Wes Naviaux, Jeremy Dubow, and Josh Harris (NDH). Show less

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  NDH Advisors LLC

  Mar 2004 - Feb 2020

  Partner, CFO & Accounting Technology Outsource

  Partner-in-charge of CFO and accounting technology outsource for Chicago-based CPA/business consulting firm. Built high-growth practices in CFO/controller outsource and accounting technology for companies requiring oversight of their financial accounting operations and the implementation of leading Cloud-based ERP systems. Services included compiled/substantiated financial statements, financial planning and analysis (FP&A), business analytics/metrics, tax management, GAAP standards, financial systems consulting, and internal controls.𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Serviced growth Co.'s through a CFO/controller role focused on value add consulting and advisory practices.•Pioneered Cloud-based software over a 16-year period through the introduction of ERP system, Sage Intacct.•Achieved MM’s in contract sales by detailed proposals for professional services and software demonstrations. •Created unique sales deck persona for software and pro. serve prospects by focusing on a core set of industries. •Authored highly referenced technical accounting series “Topics in Accounting” by using skills in research, writing.𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Increased focus and returns for companies that would not have been able to staff their own CFO/controller. •Increased customer returns by 4X in the adoption of our Cloud-ERP Intacct platform vs. premise-based software.•Created profitable CFO/controller and Accounting Tech practices by judicious staff use and value-add services.•Decreased sales lead time and increased closing rate by use of standardized “persona-based” presentations.•Saved companies audit fees using presentation on ASC 606; research deck downloaded > 2,000 from SlideShare.My years at NDH were exciting, challenging, and rewarding. We worked with high-growth companies, and saw our due diligence and teamwork payoff in extending their growth, while allowing them to focus on their core mission. Show less

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  CLA (CliftonLarsonAllen)

  Feb 2020 - Apr 2022

  Director Information Technology (SaaS Practice)

  Director of Information Technology for national CPA/business consulting practice. Led CLA and customer teams in complex financial system (ERP) implementations, with oversight of project management, discovery, system configuration, integrations, user acceptance testing (UAT), training, and go live handoff. Our technology partners included Sage Intacct, Salesforce, Avalara, and other specialty Cloud platform add-ons. I was also responsible for research, writing, and presentation on trends in Cloud software and software release enhancements. My constituencies were customers, prospects, and employees of CLA. Managing these relationships required a high degree of verbal and written communication. 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Maintained a framework of success for all ERP implementations by ensuring customer involvement. •Delivered customized solutions by scripting workflows, statements, and metrics according to industry standards.•Documented business and functional requirements through data and workflow models to ensure ERP success. •Enhanced customer sat. by researching, documenting, and demonstrating software release enhancements. 𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Maintained on time and within stated budgets for dozens of ERP implementations and related enhancements.•Increased customer software subscription ROI through the delivery of solutions specific to customer profiles.•Decreased failure of adoption by configuring customer software in accordance with data and workflow models. •Increased customer software subscription ROI through detailed enhancement review of relevant features.My work at CLA combined small team customer focus within a large-scale CPA/business consulting practice. I was able to apply skills in leadership, technical accounting, financial reporting, metrics, financial planning and analysis (FP&A), and technical documentation to our Intacct ERP and other Cloud accounting implementations. Show less

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  EVitamins

  Sept 2021 - Nov 2023

  President/Chief Financial Officer

  President and CFO of international e-commerce company. My responsibilities and oversight included strategy, financial management, pricing, brand building, ad management, relationship development, products, vendors, regulations, and logistics, but I relied most heavily on my financial leadership skills. It was like speaking multiple languages, but I had a base language to work from.𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Effectively managed global workforce of 20 employees by ensuring they were focused on areas of expertise. •Leveraged employee marketing and brand building skills through social media and content assignments. •Supervised changes to customer packaging for multi-language use.•Implemented a tech strategy roadmap by evaluating the profit potential for dozens of prospective initiatives.•Restructured 100’s of Google Ad campaigns by directing the consolidation of accounts and types.•Directed dozens of operational and direct cost cuts by relying on a zero-based budget and vendor negotiations. •Modeled the profitability of 1,000’s of country-weight package combinations by comparing carrier costs. 𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀 (𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀)•Maintained a low employee turnover rate of < 5% for two-year period beginning September, 2021. •Launched eVTV (YouTube) channel and dozens of social media spots bringing 1,000’s of global visitors to site.•Increased customer retention by multi-language package customizations.•Increased customer interaction and time on page by 5X through rearchitecture of brand pages.•Increased portfolio of Google Ad campaigns’ average return on ad spend (ROAS) by 500%.•Decreased operating and direct cost expenses by 30% over a nine month period. •Increased average customer shipping fees by 20% without reducing related sales.My role at eVitamins allowed me to utilize many skills I have developed over my career, though I focused on financial management and strategy in serving global customers. Show less

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  Korpack

  Apr 2024 - now

  Controller

  Packaging Solutions for Complex Businesses. Korpack is your single-source supplier of stock and custom packaging, packaging design in-house, packaging machinery & automation solutions, 3PL & warehouse services, and contract packaging & co-packing.