An Update From The Board . . .
Associa has provided a Certified Fraud Examiner who is currently auditing our books. Our CPA/auditor, Mr. Carlsen has been notified to assist this auditor in any way needed. The Fraud Examiner’s resume is at the bottom of this message.
After a preliminary review of this situation, it appears the financial discrepancy is less than $100,000. Keep in mind the investigation is on-going and is not complete. The auditor will be here for at least another week. The Board wants to ensure the Homeowners that the Association will be made financially whole by Associa. At this time, we ask for your patience while a detailed and thorough evaluation is being completed.
Associa Statement to Sun City Shadow Hills Homeowners
Through the use of our internal accounting controls, we discovered a financial discrepancy in the books of Sun City Shadow Hills. We promptly notified the Board, terminated the employee and are working with the Board to ensure the Association is made financially whole and a full accounting is provided. We take our obligations to our clients seriously and will continue to fully cooperate with the Board.
CFE (Certified Fraud Examiner 2009), CIA (Certified Internal Auditor 2008), CISA (Certified Info Systems Auditor 2017)
Results oriented leader with experience in Fraud Investigations, Risk Mitigation, Sarbanes-Oxley compliance, Internal Audit, FCPA /Anti-Corruption risk and Expense Reduction. Experience domestically and globally with business environments in manufacturing, property management and domestically within the commercial finance industry. Led fraud investigations internationally in Mexico, Asia, Russia and within the U.S. Focused on doing the right thing, being a company-wide leader and a change agent, breaking down silos and communicating and educating others on the why, risk, governance and process improvement.
Associa - Dallas, TX
Sept 2012 - Present
Manage and lead the Internal Audit function. Report to the CFO and Audit Committee. Responsible for planning and executing financial, IT and operational audits to evaluate the company’s internal controls, its adherence to company policies and procedures, and its compliance with applicable laws and regulations. Responsible for ethics and compliance related programs, training and hotline response.
GE Energy - Addison, TX
Feb 2011 – Sept 2012
Responsible for Centralized Audit Function data analytics and audits covering Accounts Payable, Customer Master Files, Anti- Money Laundering, FCPA & Anti-Corruption, Travel Expenses, Petty Cash, Supplier Master files, P-Card, ERP
SOD/DOA, and Internal Audit Quality Assurance and Improvement Program. Ownership of Governance, Risk Compliance (GRC) tool for Internal Audit.
Dresser Inc. - Addison, TX
Oct 2005 - Feb 2011
GE Commercial Finance - Xerox Capital Services (XCS) - Lewisville, TX May 2002 - Oct 2005 Member ACFE, IIA, ISACA
Six Sigma Greenbelt CEB Finance Leadership Academy Alumni
Required minimum 40hrs annual CPE since 2008, minimum 10hrs annual fraud CPE specific since 2009.
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