Experience

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  Arkansas division of legislative audit

  Jul 1989 - Feb 1992

  Field auditor

  I performed financial, operational and compliance audits of institutions of higher education, school districts, municipalities, and county governments. My responsibilities included audits of payroll, personnel and purchasing functions of the entities, and included recommendations for efficient organizational management. My position ascertained compliance, evaluated information adequacy and integrity, and determined whether desired federal grant program results were being achieved.

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  University of arkansas

  Feb 1992 - Sept 2014

  I am an honors graduate of the Walton College of Business and have 45 years of financial and audit experience in progressively more responsible positions. I have been a corporate auditor, an Arkansas Legislative Auditor, the University of Arkansas System Auditor, and for the prior fourteen years, the Associate Dean for Finance & Administration in the Fulbright College of Arts and Sciences. My credentials include Certified Public Accountant (CPA), past Certified Fraud Examiner (CFE), University of Arkansas Credit Union Treasurer, and Chairman of the Audit Committee for the City of Fayetteville.My experience as a corporate, legislative and university auditor has given me a working knowledge of the accounting, budgeting, payroll, personnel and purchasing functions of large companies and universities. I have audited and/or managed many of the financial and business functions in higher education, including Controller, Budget and Finance, Grants and Contracts, Risk Management, and Internal Audit.As CFO of Fulbright College, it was my responsibility to prepare and oversee the annual operating and capital budgets in excess of $100 million for 19 diverse departments, and over 1,800 employees. I was a strategic partner to develop, organize, implement, direct and evaluate the College’s fiscal function, and to provide timely and accurate analysis of budgets, financial reports and related trend analysis.I worked diligently to ensure the University was in compliance with Federal regulations, State regulations, and University policies and procedures. At the same time, I used diplomacy and a collaborative leadership style to interact successfully with all the internal and external customers of the University, including faculty, staff, students, administrators, trustees and legislators. I believe in providing staff with opportunities for professional and personal growth, and understand completely the role diversity plays in strengthening an organization. Show less

  • Associate Dean for Finance and Administration

    Jun 2000 - Sept 2014

  • University System Auditor

    Feb 1992 - May 2000
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  Beaver water district

  Sept 2014 - now

  Chief financial officer

  Adam K. Motherwell of Fayetteville is the Chief Financial Officer of Beaver Water District in Lowell. Adam is an honors graduate of the Walton College of Business, with 45 years of accounting experience. Prior to BWD, he served as the Associate Dean for Finance & Administration in the Fulbright College of Arts and Sciences at the University of Arkansas in Fayetteville. His experience includes corporate auditor, Arkansas Legislative Auditor, and University of Arkansas System Auditor. His credentials include Certified Public Accountant (CPA), past Certified Fraud Examiner (CFE), University of Arkansas Credit Union Treasurer, and Chairman of the Audit Committee for the City of Fayetteville.Beaver Water District’s mission is to serve our customers’ needs by providing high quality drinking water that meets or exceeds all regulatory requirements and is economically priced consistent with our quality standards. The District supplies treated drinking water sourced from Beaver Lake to more than 300,000 people and industries in Fayetteville, Springdale, Rogers, Bentonville and surrounding areas. Show less