JAMES R.

DUNN, CPA, CFE, CFF

25002 Intrepid Lane, Galveston, Texas 77554
(713) 724-7772 or ((409) 974-4120
jd10d5288@westpost.net

EXECUTIVE PROFILE
Chief Financial Officer of a Dun & Bradstreet "5A1" rated company and a member o
f the company's Executive Management Committee for 19 years. Chief Financial Off
icer of a privately-held manufacturing company, the second largest natural coffe
e decaffeination plant in the world. Chief Financial Officer and Director of In
ternal Audit of the largest Volkswagen and Audi automobile processor in the Unit
ed States. Supervising auditor on ExxonMobil's Corporate Internal Audit Staff a
nd various senior level staff positions with a strong emphasis in financial serv
ices, accounting, internal controls, and litigation support. Extensive and high
ly successful experience in the areas of federal and multi-state tax compliance
and strategies; GAAP; management of banking and audit relationships; development
of complex contracts and sophistical legal and tax research matters, and; vario
us types of business insurance policies, with solid organizational, communicatio
n, mentoring and interpersonal skills.
PROFESSIONAL EXPERIENCE
PRIVATE PRACTICE - James R. Dunn, CPA, CFE, CFF
4th Qtr/09 - Present
Practice is devoted to consulting with high wealth individuals and owners of p
rivately-held companies, tax preparation and planning, fraud investigations, a
nd forensic analyses.
CHIEF FINANCIAL OFFICER - Maximus Coffee Group, LP
01/07 - 4th Qtr/09
As the only non-owner officer of the company, was instrumental in transformin
g this former Kraft Foods manufacturing plant into a fully integrated, privately
-held food and beverage company. Established, staffed, and effectively led the
controller's function, tax and legal departments, human resources, real estate,
budgeting, purchasing, credit, risk management and customer relations. Coordina
ted, helped design and implemented four systems conversions related to productio
n, accounting and logistics.
* Eliminated personal financial liability of the sole owner within eleven months
of the company's formation; increased the company's initial bank line-of-credit
by $8 million; negotiated substantially more favorable banking covenants; reduc
ed annual interest costs by $200,000; and negotiated a one-time savings of $250,
000, all by having three banks bid against the incumbent bank.
* Negotiated innovative changes to the company's medical, property and casualty
insurance plans, which saved in excess of $400,000 annually.
* Successfully negotiated changes in the company's collective bargaining agreeme
nt with the UFCW Union as a member of the company's union negotiating team, resu
lting in annual savings of approximately $2.5 million and a one-time savings of
over $4 million.
* Discovered and corrected significant weaknesses in the company's property insu
rance policy three months prior to a warehouse roof collapse caused by Tropical
Storm Erin, thus ensuring the recovery of over $20 million in damages from the p
olicy.
* Effectively represented the company in six EEOC mediations, with a 100% succes
s rate.
CHIEF FINANCIAL OFFICER - Barbours Cut Import Service, Inc.
2004 - 2006
Successfully managed Treasury, Tax, Human Resources, Internal Audit, IT, Sale
s Development, Customer Relations, Payroll, OSHA Compliance, Contracts and Opera
tional Planning. Was awarded minority ownership after only one year, a first in
the company's 30-year history.

James R. Dunn, CPA, CFE, CFF - Page 2 (Resume)

* To augment existing contracts with Volkswagen and Audi, negotiated and won a t
hree-year, multi-million dollar contract with Porsche to provide processing serv
ices.
* Discovered and resolved a potential $2.6 million tax liability, resulting in a
zero tax cost to the company.
* Successfully negotiated the out-sourcing of the company's thirty-five employee
Rail Department, taking the operation from a $200,000 annual loss to a $1.6 mil
lion profit.
* Successfully obtained an "A" certification in Volkswagen's quality and safety
audit program, one of only two processors nationwide to accomplish this objectiv
e.
* Directed internal audits whose combined savings amounted to $250,000 annually.
CHIEF FINANCIAL OFFICER & SR. VP. - Texas Pipe & Supply Co., Ltd.
1984 - 2004
As one of four senior executives who managed the company, successfully directed
accounting, credit, HR, legal, internal audit, IT, tax and real estate functions
of this internationally recognized Master Distributor. Effectively managed all
banking, audit, outside legal and insurance relationships.
* Successfully completed numerous "No Change" audits, including a 4-month IRS ta
x audit, four public accounting audits, five multistate tax audits and one Depar
tment of Labor audit.
* Designed and implemented a unique tax strategy that resulted in a $650,000 fed
eral tax savings, a program that subsequently satisfied an IRS audit without cha
nge.
* Recovered $250,000 in accounts receivable owed by a national oil field supply
company in bankruptcy, consequently being only one of six companies in the U.S.
to be paid in full.
* Uncovered $1.5 million Marine Shipping fraud by a foreign steel supplier and s
uccessfully obtained two court ordered Temporary Restraining Orders against the
company's bank (JPMorgan Chase) to prevent the bank's payment of a fraudulent le
tter of credit.
* Negotiated substantial increases in the company's line-of-credit while reducin
g short-term borrowing rates and implementing significant changes to the banks'
"Standard Terms and Conditions" to ensure even-handedness, resulting in annual s
avings to the company in excess of $275,000.
* Improved aging of accounts receivable from 67% current to 95% current, reduced
accounts receivable write-offs from .08% to .004% of revenues, and decreased "D
ays-Sales-Outstanding" from a high of 52 days to a low of 36 days.
* Saved $450,000 by defeating claims by debtors' trustees for reimbursement of a
ccounts receivable payments received from companies in bankruptcy.
* Worked successfully with the U.S. Secret Service and Harris County Sheriff's D
epartment to solve a countywide, check cashing fraud involving a number of compa
nies, and helped prosecute the guilty individuals.
* Reduced medical insurance costs by $700,000 by implementing a self-insurance p
rogram.
CHIEF FINANCIAL OFFICER - Modern Furniture Rentals and Affiliate
1982 - 1984
As Chief Financial Officer and Vice President of this statewide company prior to
its sale to Aaron Rents, Inc., managed the accounting, insurance, human resourc
es and IT functions.
CORPORATE OPERATIONAL AUDIT STAFF and LINE POSITIONS - ExxonMobil 197
0 - 1982

Held supervisory and senior staff level positions in Manufacturing, Retail, Mark
eting, Accounting, and Marine Divisions, and performed numerous operational, con
tract, internal control and fraud audits.
* Made over 200 internal control and work-processing flow recommendations that w
ere accepted and adopted, and which resulted in the reorganization of ExxonMobil
's Marine Department.

James R. Dunn, CPA, CFE, CFF - Page 3 (Resume)

* Identified a pattern of fraudulent behavior by retail store managers in four s

tates and was instrumental in recovering more than $600,000 that had been misapp
ropriated as the result of inadequate accounting procedures, poor internal contr
ols and kickbacks.
* Improved internal controls and operations in the areas of cash disbursements,
segregation of duties and delegation of authority that resulted in savings of $2
.5 million annually.

* Uncovered and investigated a major credit card scheme, and working with the pr
osecutor and grand jury, was instrumental in obtaining felony convictions of six
employees.
* Discovered, investigated and proved a pattern of widespread employee fraud inv
olving the manipulation and padding of expense reports.
AREAS OF EXPERTISE
Financial Reporting, Investments, and Internal Auditing
* Exceptional ability to interface and collaborate effectively with all levels o
f a company
* Trustee for profit sharing plan, including sole authority for investment decis
ions
* Team building (exempt and non-exempt), supervision, retention, and mentoring
* Accounting theory, internal auditing, fraud prevention and detection, and t
reasury activities
* Planning, coordination and selling of audit and compliance recommendations to
management
* Systems conversions including design and implementation
Legal Issues
* Contract law - negotiating, preparing and auditing complex contracts
* Tax, pension, employment, real estate, and regulatory compliance issues
* Use of bankruptcy laws to mitigate the repayment of accounts receivable collec
tions to debtors' trustees
* Litigation and legal support in areas of human resources, defalcations, insura
nce, collections and community relations
Human Resources
* Extensive experience in all aspects of human resources, including HIPPA, ER
ISA, FMLA, ADA, COBRA, ADEA, EEOC and various Department of Labor Laws
* Designing, implementing, and auditing of various types of employee benefit
programs
* In unionized locations, development and negotiation of collective bargainin
g agreements
EDUCATION AND CERTIFICATIONS
Bachelor of Science in Accounting - Old Dominion University
Graduate Coursework at Fairleigh Dickinson University
CPA Certification - Texas
CPA Certification - Maryland
Certified Fraud Examiner's credential (CFE)
Certified in Financial Forensics (CFF) by the American Institute of Certified P
ublic Accountants
Continuing professional education courses - 50+ hours per year
PROFESSIONAL ASSOCIATIONS
American Institute of Certified Public Accountants Associa
tion of Certified Fraud Examiners
American College of Forensic Examiners Insti
tute of Internal Auditors
Forensic and Valuation Services Section of AICPA Texas Socie
ty of CPAs