Summary
Overview
Work History
Education
Skills
Accomplishments
Research Experience
Certification
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Taha A. Seid

Taha A. Seid

Woodbridge

Summary

An accomplished and strategic leader who is well-versed in accounting principles and regulations and has a Doctor of Business Administration (DBA) degree. Experienced with financial planning, analysis, and budgeting. Utilizes advanced financial modeling and forecasting techniques to support strategic decision-making. Track record of implementing robust internal controls and compliance measures to safeguard organizational assets. Accomplished in reducing expenses, streamlining financial operations, and improving reporting functions. Motivates large-scale, on- and offsite teams, equipping them with the tools, training, and resources to drive organizational growth and stability. Strong focus on team collaboration and adaptable to evolving business needs. Highly organized and systematic with an in-depth understanding of the non-profit industry. Ready to bring 18+ years of experience and take on challenging new role.

Overview

19
19
years of professional experience
1
1
Certification

Work History

Senior Controller

Society of American Military Engineers (SAME)(35M)
03.2023 - Current
  • A Senior Executive Leadership Team member reporting to the executive director with responsibilities of financial management, business development, and business operations with expertise in market analysis, budget stewardship, business growth, risk analysis, and financial reporting
  • Works cross-functionally and collaboratively to develop strategic, financial, and administrative strategies to enhance efficiency, ensure compliance, and contribute to the strategies and goals of Society
  • Analyzes financial systems and procedures for maximum effectiveness
  • Oversee internal and external financial reporting for SAME and SAME Foundation, including financial statement audits, federal and state taxes, regulatory requirements, and organizational budgets
  • Attest all financial reporting, including presenting accurate and timely financial reports, forecasts, key performance indicators, and projections to the Executive Committee (XC) monthly and to the Board of Directors quarterly for both entities (SAME and the SAME Foundation)
  • Lead, oversee, and coordinate the annual budget planning and preparation process with the XD and senior leadership team by establishing priorities consistent with the2025 strategic plan
  • Oversee cash flow planning and forecasting to ensure minimum cash balances meet immediate and long-term operating needs
  • Oversee SAME Foundation activities to ensure compliance with policies (e.g., charter, UPMIFA) and investment guidelines established by the investment committee
  • Develop and maintain a system of internal controls to safeguard financial assets, ensure substantiating documentation is authorized, and provide accurate financial reporting, adequately recording transactions, and free of material misstatement
  • Principal liaison to oversee the administration and financial reporting of retirement plans,401K, and pension plans, including ERISA compliance and self-funded medical plans, and serve as plan trustee
  • Oversee the AP payments and payroll preparation process and review and approve bi-weekly payroll and401K funding
  • Principal liaison to manage relationships with financial service providers (Bank, payroll,401K, and Investment)
  • Explore, plan, and advise revenue growth
  • Analyze the rate of return on cash and investment balances and strategize ways to earn maximum earnings from the savings and investment portfolio
  • Support the financial management competency of SAME National Office staff and assist in all matters related to finance, accounting, and operation, including effective use of SAME’s financial management tools such as the EMS, Intacct, BILL, and Tallie
  • Serve as a member of the Investment Committee for the SAME and SAME Foundation board responsible for determining the overall investment strategy and policy, setting asset allocation targets, overseeing portfolio performance, monitoring risk levels in investments, and approving individual transactions
  • Serve on the Strategic Planning committee working on revenue growth, pricing structure, cost reduction, and resource planning
  • Serve on the Finance and Audit committee for the society and the Foundation
  • Oversee annual financial audit process, including serving as primary contact with the audit team and ensuring all documentation and other requests are responded to accurately, thoroughly, and promptly
  • Oversee annual tax filings, including serving as primary contact with the tax accountants and ensuring all documentation and other requests are responded to accurately, entirely, and promptly; ensure taxes are filed and paid on time
  • Analyze operations, identify opportunities for efficiencies, and proactively make recommendations to the Directors and Executive Director
  • Oversee accounts payable and ensure the accurate and timely processing of accounts payable, employee expense reports, cash control, payroll policies and processing
  • Work to protect the company's vital assets, ensure compliance with financial regulations, and communicate value and risk issues to the XD, the Executive Committee, and the Foundation board
  • Review contracts, purchase agreements, and other financial arrangements to ensure compatibility with business goals, budget, and expectations about profitability
  • Oversee risk management, including insurance, fraud, and cybersecurity
  • Ensures adequate organizational insurance coverage is maintained
  • Drive scenario planning to ensure the company is safe from unintended consequences
  • Responsible for regulatory compliance (Annual registration, required reporting to the federal and state government)
  • Assist in training & resource development initiatives focusing on knowledge, skills, and attitudes for building capacities to deliver on present positions and create long-term capability to shoulder additional responsibilities
  • Hire, train, develop, and manage finance department staff to ensure that qualified staff exist to meet the organization’s objectives
  • Implemented robust internal controls to mitigate risk and ensure regulatory compliance.
  • Conducted detailed variance analysis, identifying root causes of discrepancies for corrective action plans.
  • Mentored junior staff members, promoting professional development and fostering a positive work environment.
  • Championed data-driven decision-making across departments by presenting clear visualizations of key performance indicators.
  • Supported company growth by providing valuable insights from thorough market analysis efforts.
  • Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
  • Accurately completed financial statement audits and thoroughly reviewed results.
  • Supported program managers in providing procedural training on finance and accounting.
  • Reviewed contracts financially impacting company and counseled executive leaders on impact contracts would have on company operations.

Senior Manager, Accounting and Finance

National Automatic Merchandising Association (NAMA) (19M)
04.2022 - 03.2023
  • Responsibilities include managing the day-to-day finance and accounting operations and activities: month-end close and financial report and variance analysis preparation for the organization and departments
  • Coordinate and manage annual budget and quarterly forecast
  • Coordinate annual audit with external auditors and990 preparations
  • File states sales and use tax preparation and filling, maintaining, and updating policies and procedures
  • Oversaw all accounts, ledgers, and reporting systems, ensuring compliance with appropriate GAAP standards and regulatory requirements, reporting standards for nonprofit entities
  • Oversee annual financial audit process, including serving as primary contact with the audit team and ensuring all documentation and other requests are responded to accurately, thoroughly, and promptly
  • Established a regular budget review, monitoring, and adjustment process to ensure it remained aligned with business goals and objectives
  • Consistently analyzed financial data and presented financial reports accurately and timely; communicated monthly, quarterly, and annual financial statements; monitored progress and changes and kept senior leadership abreast of the company’s financial status
  • Monitored financial performance by measuring and analyzing results to minimize the impact of variances and keep the senior leadership informed
  • Developed, improved, communicated, and enforced all budgeting and financial policies and procedures to all staff as needed
  • Oversaw payroll and assisted in designing and implementing Compensation Panel metrics
  • Ensured timely and reliable information availability through technology/digital platforms for decision-making
  • Supervised and led the finance and accounting team on all matters related to NAMA and the NAMA Foundation’s finance, accounting, and administrative operations
  • Fostered a culture of learning, improvement, and positivity within the finance and operation departments and throughout the organization
  • Liaison with banks, vendors, suppliers, and regulatory agencies in company matters
  • Managed general reserves to ensure adequate funding of budgeting needs
  • Monitored bank activities and approved wire and ACH transactions in the bank
  • Transferred funds between accounts as needed with proper communication with the CFO and Vice President
  • Approve payroll activities and transactions prepared by HR
  • Process payroll in the absence of the HR person
  • Evaluated and prepared monthly schedules for investment and net asset accounts
  • Reviewed monthly reconciliations for all balance sheets and major revenue and expense accounts
  • Approved Accounts Payable payments weekly in Sage Intacct
  • Prepared financial and special reports for the board and executive committee on a needed basis sing Sage Intacct
  • Improved the accounting policy and procedures
  • Implemented a budget system using technology to make the process efficient and effective
  • Coordinated annual budget and quarterly forecast preparation with department directors
  • Oversaw credit card expense reporting and allocation activities monthly
  • Oversaw1099,1096,990 preparation and filing in Sage Intacct
  • Supervised and mentored accounting staff
  • Train department directors on revenue recognition policies, cost allocation, and budgeting

Accounting Manager

PECF, (305M)
10.2019 - 03.2022
  • Accounts Payable management, including vendor setup, invoice approval, fund availability, proper coding, and timely payment using Sage Intacct
  • Month-end closing and financial statement preparation and presentation, including balance sheet, income statement, and cash-flow statement using Sage Intacct
  • Prepared and reviewed bank reconciliations, AP, and AR reconciliation prepaid and PPE and depreciation
  • General ledger maintenance and posting of all journal entries, including donation journal entries, accruals, intercompany transactions, recurring entries, investment activity entries, release from restriction, and month-end close entries
  • Prepared and analyzed Ad hoc and other reports by doing variance analysis and budget to actual verification and monitoring
  • Cash management treasury, including cash transfer from various accounts such as payroll and accounts payable
  • Internal control, process improvement, system improvement including preparing procedure manual for every accounting activity and monitoring the implementation
  • Managed and approved payroll, including reviewing data input for bi-weekly and semi-monthly payroll and monthly JEs, PTO balances,104K contributions, and fringe benefits
  • Liaison between six institutions for process, system, and GAAP-related issues, including revenue recognition
  • Manage1099 preparation, file and pay sales and use tax, help prepare990
  • Coordinated annual audit and prepared work papers
  • Primary contact for the auditors Trained and mentored two accounting staff, including approving their hours, assigning daily tasks, and month-end close responsibilities

Supervisory Senior Accountant

National Trust for Historic Preservation (NTHP) ($175M)
06.2016 - 10.2019
  • Managed the monthly and yearly closing process
  • Responsible for the preparation and review of subsidiary financial statements
  • Responsible for major balance sheet accounts and reviewing other reconciliations
  • Responsible for intercompany activities and reconciliation on a monthly and annual basis
  • Responsible for subsidiaries’ accounting activities and review and approval of financials and JE’s
  • Responsible for company revenue accounting and proper recognition based on GAAP
  • Responsible for portfolio management, monitoring, and communication of spending with budget owners
  • Liaison between data management, philanthropy, and finance to properly record revenue
  • Assisted budget owners in managing and preparing their annual budget and quarterly forecast
  • Managed the preparation of audit schedules and worked closely with external auditors
  • Managed the A/P, A/R, Payroll and GL activities
  • Responsible for quarterly and annual census reporting and sales and use tax preparation and filing (20 states)
  • Actively worked with the CFO and controller to develop a new cash management and reconciliation process
  • Managed restricted revenue and cash activities based on contracts and agreements
  • Managed federal and state grant activities in ASAP
  • Managed cash activities and availability and line of credit

Accounting Supervisor

Reliable Bookkeeping, Tax and Consulting Services, LLC
07.2011 - 06.2016
  • Maintained cash flow by monitoring bank balances and cash requirements.
  • Disciplined and motivated accounting team to maximize performance.
  • Maintained confidentiality of sensitive financial information to protect company assets and maintain trust among stakeholders.
  • Set up and improved accounting systems and processes to meet business needs and maximize operational success.
  • Streamlined accounting processes by implementing new software solutions and automating manual tasks.
  • Prepared internal and regulatory financial reports, balance sheets and income statements.

Audit Supervisor/Consultant

Fitzgerald & Co. CPAs PC, Vienna, VA
12.2009 - 07.2011
  • Analyzed complex client problems and generated targeted solutions that resolved outstanding issues while enhancing client business positions.
  • Counseled clients on customized improvement plans with targeted suggestions to achieve [Number]% increased profitability.
  • Supervised and guided [Number] employees during audits to safeguard accuracy.
  • Trained new audit personnel to perform duties according to regulations and established procedures.
  • Evaluated fraud risks during audits, recommending preventive measures to mitigate potential financial losses.
  • Improved audit efficiency by streamlining processes and implementing new audit methodologies.

Senior Auditor

Buchbinder Tunik & Company, LLP, Rockville, MD
06.2008 - 12.2008
  • Mentored junior auditors, contributing to their professional development and enhancing team performance.
  • Enhanced audit efficiency by implementing risk-based audit strategies and streamlining processes.
  • Implemented best practices in auditing procedures through continuous learning and professional development activities.
  • Prepared working papers, reports and supporting documentation for audit findings.
  • Completed audit papers by thoroughly documenting audit tests and findings.
  • Maintained integrity of general ledger and chart of accounts.
  • Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
  • Tracked funds, prepared deposits and reconciled accounts.

Staff Auditor

Grossberg Company, LLP, Rockville, MD
06.2006 - 06.2008
  • Evaluated company's policies to determine how well standards adhered to best practices.
  • Promoted a culture of ethical behavior by performing confidential investigations into potential misconduct allegations.
  • Identified internal control weaknesses, providing recommendations for improvements to management.
  • Prepared accurate workpapers that documented the purpose, scope, methodology, results, conclusions, recommendations, as well as supporting evidence from each engagement.
  • Developed customized audit programs, tailoring procedures to clients'' unique risks and needs.
  • Participated in ongoing professional development activities to stay current on auditing standards and best practices.
  • Streamlined audit documentation through the adoption of paperless workpapers and digital storage solutions.

Education

DBA - Accounting

Walden University
Baltimore, MD
01.2021

MBA - Accounting

Keller Management School, DeVry University
Crystal City, VA
01.2014

BS - Accounting

George Mason University
01.2006

Skills

  • Management reporting
  • Cash flow management
  • Audit coordination
  • Payroll administration
  • Internal controls
  • Consolidation accounting
  • Tax compliance
  • Revenue recognition
  • Variance analysis
  • Nonprofit accounting
  • GAAP compliance
  • Capital budgeting
  • Preparing financial statements
  • Financial statement review
  • General ledger accounting
  • Audit preparation
  • Strategic planning
  • Project management
  • Internal control management
  • Risk management
  • Budget preparation & compliance
  • Investment analysis
  • Budget development & administration
  • Regulatory compliance
  • Financial planning
  • Financial forecasting
  • Public accounting
  • Month-end and year-end closings
  • Teamwork and collaboration

Accomplishments

  • Maximized budgeting revenues with cost-based pricing models, increasing revenues by 20%
  • Developed as well as updated investment policy statements and diversified portfolios to minimize risks and improve investment returns to meet specific organizations' missions
  • Secured 28% of the budgeted membership dues increase, which restored profitability to the association.
  • Developed living strategic plans tied to annual budgets & managers' performance reviews
  • Developed RFPs for investment consultants, auditors and banks, saving $100k.
  • Created clear and effective financial education for non-financial managers, directors, and boards of directors
  • Forensically recovered general ledgers and prepared them for audit following frauds and staffing disruptions
  • Changed accounting system (from Great Plains to Sage Intact) for better efficiency and effectiveness
  • Built accounting departments (staff, procedures, and systems) from scratch or from devastation to high-functioning operations
  • Increased efficiency by 45% through system implementation and integration

Research Experience

  • Doctoral Researcher
  • Department of Management, Walden University
  • 2019-2020
  • Conducted scientific research using qualitative research such as interviews, quantitative research such as surveys, and statistical analyses.
  • Conducted primary source research at numerous archives, examining publication history through multiple sources.
  • Developed hypotheses, tested those theories by studying, observing or conducting experiments, and modified those assumptions based on the data collected.
  • Compile data from previous reports and compose comparative reports.

Certification

  • Harvard Business School – Certificate - Succeeding as a Strategic CFO
  • CPA Candidate passed two sections (FAR and BEC) in Virginia.
  • Certified QuickBooks Pro Advisor2014,2015
  • Certified QuickBooks Online Advisor2014,2015
  • Accredited Small Business Consultants

Systems & Software

  • Accounting Software: ProSystem fx Engagement, ProSystem fx Tax, ProSystem fx knowledge Coach, CCH Engagement, Go-System, TeamMate, QuickBooks, Peachtree, Microsoft Great Plain Dynamics, Dynamics Budget, ADP, Proficient with Windows, Excel, Word, PowerPoint, Access, Pascal and C++. MS Dynamics-GP, Adaptive Planning, Netforum, Concur, Sage Intact, Salesforce, Any bill, Bill.com, Tally, Fyle, Paylocity, e-show, and Martus.
  • Reporting software: Crystal Reports, FRx Reports, Best FAS
  • Advanced MS-Office.

Affiliations

  • American institute of Certified Public Accountants
  • American Institute of Small Business Consultants

Quote

There is a powerful driving force inside every human being that, once unleashed, can make any vision, dream, or desire a reality.
Tony Robbins

Software

Sage Intact

QuickBooks

Accounting Software: ProSystem fx Engagement, ProSystem fx Tax, ProSystem fx knowledge Coach, CCH Engagement, Go-System, TeamMate, QuickBooks, Peachtree, Microsoft Great Plain Dynamics, Dynamics Budget, ADP, Proficient with Windows, Excel, Word, PowerPoint, Access, Pascal and C MS Dynamics-GP, Adaptive Planning, Netforum, Concur, Sage Intact, Salesforce, Any bill, Billcom, Tally, Fyle, Paylocity, e-show, and Martus Reporting software: Crystal Reports, FRx Reports, Best FAS Microsoft office: Advanced MS-Office, SharePoint, Microsoft 395

Languages

English
Native or Bilingual

Interests

Reading

Volunteering

Soccer

Work Availability

monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Portfolio

Featured Picture
Senior Controller

Timeline

Senior Controller

Society of American Military Engineers (SAME)(35M)
03.2023 - Current

Senior Manager, Accounting and Finance

National Automatic Merchandising Association (NAMA) (19M)
04.2022 - 03.2023

Accounting Manager

PECF, (305M)
10.2019 - 03.2022

Supervisory Senior Accountant

National Trust for Historic Preservation (NTHP) ($175M)
06.2016 - 10.2019

Accounting Supervisor

Reliable Bookkeeping, Tax and Consulting Services, LLC
07.2011 - 06.2016

Audit Supervisor/Consultant

Fitzgerald & Co. CPAs PC, Vienna, VA
12.2009 - 07.2011

Senior Auditor

Buchbinder Tunik & Company, LLP, Rockville, MD
06.2008 - 12.2008

Staff Auditor

Grossberg Company, LLP, Rockville, MD
06.2006 - 06.2008

MBA - Accounting

Keller Management School, DeVry University

BS - Accounting

George Mason University

DBA - Accounting

Walden University

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