Summary
Overview
Work History
Education
Skills
Affiliations
Certification
Timeline
Generic

Lori Caddell

Wilmington

Summary

Goal-focused CPA with over 20 years of experience effectively maintaining accurate accounting records, compliant with US GAAP and IFRS as applicable, to facilitate internal and external financial reporting and tax compliance needs.


A leader who prioritizes innovation by keeping process improvement a focal point of strategy, a mindset proven to foster healthy team environments.

Overview

22
22
years of professional experience
1
1
Certification

Work History

Chief Accounting Officer

Apiture (SaaS Financial Services)
03.2018 - Current
  • Joined in the first 5 months of operations to design and implement accounting policies, procedures, and internal controls.
  • Led ERP implementation of Certinia (formally FinancialForce) and integration with SalesForce, including design of unique data attributes at the general ledger account and transaction levels to support FP&A and financial reporting needs; project implemented on time and under budget.
  • Led accelerated ERP/HCM discovery project and implementation of Oracle NetSuite; project implemented on time and under budget.
  • Own preparation, review, and approval of monthly financial statements distributed to ELT and board of directors.
  • Manage financial reporting processes and ensure compliance with US GAAP.
  • Own revenue recognition compliance with ASC 606 and manage monthly deferred revenue recognition reconciliations.
  • Own stocked-based compensation accruals (Carta) and manage option pricing.
  • Liaise and manage financial statement audits and tax filings.
  • Coordinate efforts between finance team members to ensure seamless execution of key deliverables during peak periods.
  • Reduced month-end closing time by implementing efficient workflow practices and automated solutions (Bill, Expensify, Harvest).
  • Enhanced financial reporting accuracy by implementing robust internal controls and procedures.
  • Continuously review financial processes to identify streamline opportunities to improve efficiency and reduce operational costs.
  • Assisted with IPO readiness and successful PE-backed exit.
  • Owned accounting entries for C Corp conversion.
  • Own hiring, training, and mentorship of a high-performing accounting team, fostering a collaborative work environment and promoting professional growth.

Business Controller

Studsvik Scandpower, Inc (Software)
02.2016 - 02.2018
  • Provided accurate and timely month-end reporting packages to Swedish parent company (SVIK).
  • Owned consolidation reporting of multinational locations (QuickBooks, Cognos).
  • Owned implementation of and compliance with IFRS 15.
  • Owned budget preparation, analysis, and presentation to the board of directors.
  • Managed internal and outsourced accounting teams.
  • Liaison for financial statement audit and annual tax filings.
  • Prepared and maintained profit share and royalty fee calculations.
  • Analyzed financial data to support budget development and forecasting initiatives.
  • Developed and implemented financial reporting processes to enhance accuracy and efficiency.
  • Collaborated with cross-functional teams to align financial strategies with business objectives.


Director of Financial Reporting

Global Endowment Management (OCIO)
04.2008 - 09.2014
  • Joined in the first 6 months of operations to build the accounting team and to establish and implement accounting policies and procedures.
  • Owned selection and implementation of InvesTier and VPM.
  • Owned selection and onboarding of third-party administrator.
  • Managed daily activities of internal accounting team and third-party administrator.
  • Owned review of external monthly reporting packages for accuracy and completeness (36 funds with AUM > $6 billion).
  • Prepared 5th business day performance estimate.
  • Liaison for annual financial statement audits.
  • Designed and led operational due diligence process of fund managers.
  • Led financial reporting initiatives, ensuring compliance with US GAAP and regulatory standards.
  • Prepared ad hoc reports to assist with regulatory reporting, investor reporting, and RFPs as requested by ELT.

Senior Accountant

Ernst & Young
09.2004 - 01.2008
  • Owned fieldwork and review processes for financial statement audits of listed and unlisted hedge funds in compliance with IFRS and US GAAP.
  • Mentored junior accountants, enhancing team productivity and knowledge retention.
  • Owned preparation and review of financial statements.

Staff Accountant

Grant Thornton
09.2003 - 08.2004
  • Prepared tax returns and tax return work papers for Partnerships, Trusts, C Corps, S Corps, and Benefit Plans.
  • Prepared FAS 109 Calculations.
  • Conducted special projects as requested by management.

Education

Bachelor of Science -

North Carolina State University
Raleigh, NC

Master of Science -

North Carolina State University
Raleigh, NC
05-2003

Skills

  • Financial statement expertise
  • ERP implementation
  • Revenue recognition ASC 606
  • Mergers and acquisitions experience
  • Account reconciliations
  • Cash flow management
  • Budget analysis

Affiliations

North Carolina Humanities Council Trustee (2013:2019), Finance Committee Chair (2016:2019)

Certification

  • CPA - Certified Public Accountant
  • RYT 200 - Registered Yoga Teacher

Timeline

Chief Accounting Officer

Apiture (SaaS Financial Services)
03.2018 - Current

Business Controller

Studsvik Scandpower, Inc (Software)
02.2016 - 02.2018

Director of Financial Reporting

Global Endowment Management (OCIO)
04.2008 - 09.2014

Senior Accountant

Ernst & Young
09.2004 - 01.2008

Staff Accountant

Grant Thornton
09.2003 - 08.2004

Bachelor of Science -

North Carolina State University

Master of Science -

North Carolina State University

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Lori Caddell