STEPHEN C. HERMES, CPA, MBA
SUMMARY Senior financial manager with experience in financial reporting and consulting services for a diverse range of clients, including services for public and private business enterprises and nonprofit organizations. Built and led a team of over 50 professionals, encompassing recruiting, hiring, coaching, client service engagements, and business development. Expertise includes: • • •
Financial statement analysis Forecasting and budgeting SFAS 116, 117, 124, 157
• • •
Not-for-Profit A&A Guide Technology applications Nonprofit governance
PROFESSIONAL EXPERIENCE CBIZ MHM, LLC, San Diego, CA (Formerly Nation Smith Hermes Diamond, APC) 1994 – 2009 Director and Attest Practice Leader Established attest (audit, review, and compilation of financial statements) practice and orchestrated growth from three professionals and $500,000 of revenue to over 50 professionals generating annual revenue of $12 million. Also provided business valuation, litigation support, and due diligence services. • • •
Contributed to the growth of the firm’s business culminating in becoming a selling shareholder in 2005 when the firm was acquired by CBIZ. Promoted the addition of a nonprofit practice which significantly expanded the practice areas and client base to become a premier service provider in the San Diego nonprofit community. Developed business and professional skills of Attest Services professionals resulting in the admission of seven additional Attest Directors/Partners dramatically increasing the firm’s capacity.
Prior to 1994, held progressively responsible positions in public accounting practice leading to ownership.
VOLUNTEER EXPERIENCE • • •
Alzheimer’s Association of San Diego and Imperial Counties, a non-profit corporation. Chair of the Board for three years, Treasurer for eight years, and currently a member of the Chapter’s Finance and Audit Committees. Bernardo Heights Community Association, a non-profit homeowners association. Treasurer for the Association. Lomas Bernardo Homeowners Association, a non-profit homeowners association. First non-developer Board member and Chair of the Board for six years.
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STEPHEN C. HERMES CPA, MBA
EDUCATION AND PROFESSIONAL DESIGNATION Certified Public Accountant (CPA) Licensed to practice in the state of California. Master’s Degree in Business Administration - Accounting Indiana University – Bloomington, Indiana Elected to the academic honor societies of Beta Alpha Psi and Beta Gamma Sigma. Bachelor’s Degree in Liberal Arts - Business and Economics Illinois College - Jacksonville, Illinois
ACADEMIC ACTIVITIES Instructor – University of San Diego, School of Leadership and Education Sciences, “Financial Management for Nonprofit Organizations”, Spring 2010 Semester Instructor – University of California San Diego Extension, Professional Certificate in Accounting, “Auditing”, Winter 2010 and Spring 2010 Quarters Presenter - University of San Diego’s annual Nonprofit Governance Symposium, “Accounting and Financial Reporting” seminars
PROFESSIONAL AFFILIATIONS Member of the American Institute of Certified Public Accountants. Member of the California Society of Certified Public Accountants. Served on the Board and as President of the San Diego Chapter of the California Society. Former Member of the Executive Committee of the California Society of CPAs. Member of the AICPA’s Audit Committee Toolkit - Not-for-Profit Organizations Task Force – 2005 and 2010. Member of the San Diego chapter of the Association for Corporate Growth.