Richard A. Archer
11/32 Centric Place, Soi Aree 4, Phayathai
8307
Bangkok 10400 THAILAND
Mobile Tel (TH): +66 (0)8 7802
E-mail: worldcitizenra@juno.com_
Professional Profile
A senior executive whose experience in consulting, business & accounting management, and public
accountancy-auditing in the US, Europe, South America and Asia have developed an in-depth
knowledge of and strong commitment to practical approaches in all aspects of Corporate Governance
with emphasis on creating an environment for effective internal control & business risk management
systems, compliance and external financial reporting. Relevant qualifications include:

Broad range of functional experience including auditing, business process improvement, finance &
accounting functional management, HR-Administration management, IT management, general
management of a manufacturing plant, restructuring foreign and domestic operations, business
planning, and professional firm practice development & services marketing
 Consulting in business controls, risk management, and corporate governance, including SarbanesOxley and J-SOX compliance for US and Asian companies
 US GAAP, SEC Reporting, IFRS and local GAAP knowledge
 Strong experience in manufacturing and distribution companies in both direct management and
consulting positions
 Proven track record in business process improvement, internal control system assessment, and
restructuring-consolidating operations for improved effectiveness and control providing cost
savings up to US $2 million
 Foreign operations experience at the P&L responsibility level as Managing Director of Continental
European operations for a US company subsidiary
 Diverse international and cross-cultural experience
 Excellent communication skills - diplomatic and able to converse with a wide range of people at all
levels of an organization from Boardroom to shop floor with a focus on supporting operational
effectiveness and improvement goals of business unit and functional management
Professional accomplishments resulted from taking initiative to apply financial and operational process
analytical abilities in developing creative, practical, cost-effective solutions while stressing effective
team building.
Professional Experience
CG Management Solutions, Bangkok Thailand (2009)
Principal – Independent consultancy providing high quality, highly cost effective solutions for
governance, internal audit, risk management, and internal control system design across AsiaPacific.
Baker Tilly Risk Management Services (Thailand), Bangkok (2008 to 2009)
Director – Practice leadership role developing Asia-Pacific regionally focused internal audit, risk
management, and internal controls services. Responsible for developing practice standards,
recruiting and training staff, developing appropriate methodologies and tools, and marketing
services to prospective clients.
Significant Accomplishments:
• Won and coordinated regional SOX compliance, internal audit or controls co-sourcing
engagements in SE Asia for three global Fortune 100 companies increasing the recognition of
the Baker Tilly network’s regional service capabilities.
CG Management Solutions Limited, Hong Kong (2006 to 2008)
Richard A. Archer
CEO & Principal Consultant – Private consultancy providing corporate governance, ERM, and
SOX 404 compliance program design and implementation for business units of multi-national
companies located in the Asia-Pacific region with emphasis on the greater China area.
Significant Accomplishments:
• Provided technical and quality assurance direction in winning and delivering a SE Asia
regional Sarbanes-Oxley compliance engagement for a Fortune 100 US-based, multi-national,
fast moving consumer goods company.
• Won and led a six month project for China company to convert three years of financial
statement history to US GAAP for reverse merger public listing in the USA.
Baker Tilly Hong Kong, Hong Kong (2004 to 2005)
Director Internal Audit Services - Led development of the Internal Audit, Sarbanes-Oxley, and
Corporate Governance Compliance practice for Hong Kong and mainland China of one of the
foremost accountancies in Hong Kong.
Significant Accomplishments:
• Managed China multi-location Sarbanes-Oxley engagement in excess of 6,000 staff hours.
• Developed corporate governance compliance review procedures, risk management programs,
and internal audit plans for Hong Kong, China, and Singapore clients in response to revisions
of stock exchange listing rules corporate governance codes.
Jefferson Wells International, Pittsburgh, PA; Cleveland, OH; St Louis, MO (2000 to 2004)
Director – Internal Audit, Accounting & Process Improvement Services – Responsible for
technical sales support, engagement proposal development, delivery of services, and quality
assurance for accounting & finance and process & controls improvement services, including
Sarbanes-Oxley Section 404 compliance services.
Significant Accomplishments:
• Planned and executed 15,000 hour global Sarbanes-Oxley engagement providing risk
assessment, documentation, remediation, and testing in 24 countries/5 continents.
Responsibilities included providing financial process controls analysis training for client
personnel assigned to the team who did not have previous audit experience.
• Sold, planned, and executed business process improvement engagement in consultant time
reporting and client billing for industry leading Italian temporary services firm
RHI Management Resources, Columbus, OH (1999 to 2000)
Consultant – Production & inventory control re-engineering project for flexible packaging
division of middle market specialty packaging manufacturer.
International Access Trade Associates, Inc., Bellaire, OH (1997 to 1999)
President - Importing and wholesale distribution company developing new trans-Atlantic markets
for products of small and medium sized manufacturers.
Cardinal Health, Inc., Wheeling, WV (1995-1997)
Regional Controller - Managed accounting, credit & collection, contract pricing, and planning &
forecasting functions for US$ 1 billion business unit distributing pharmaceuticals and health &
beauty products to drug stores, hospitals, and managed care facilities. Functions included monthly
financial reporting (3 day close), forecasting operating results, preparation of comprehensive
annual business planning model, ensuring effective receivables collection and customer credit
authorization, and sales management support through management and analysis of special pricing
contracts data.
Significant Accomplishments:
• Analyzed processes and restructured regional accounting and credit departments improving
processing efficiency during 20% increase in transaction volume while reducing staff 25%.
Richard A. Archer
•
•
Planned and executed financial and administrative function reorganization closing satellite
warehouses and consolidation of operations into a central facility.
Reorganized special pricing contracts department to improve controls and integration of
systems to support $ 600 million market segment.
Plastic Suppliers, Inc., Columbus, OH (1985-1994) - $ 100 million privately held plastic film
manufacturer and distributor operating in 7 locations in North America and 2 locations in Europe.
Managing Director, Continental Europe Subsidiary, Gent, Belgium (1991-1994)
P&L level responsibility for US$ 25 million manufacturing and distribution operation with
customers in over 50 countries in Europe, Middle East, Southeast Asia, and South America.
Significant functional responsibility in Finance & Administration, Purchasing and Sales &
Marketing. Reported to Managing Director - International Operations.
Secretary-Treasurer ( CFO ), Corporate HQ, Columbus, OH (1989-1991)
Corporate Controller, Corporate HQ Columbus, OH (1985-1989)
The senior financial management position for the corporation. Managed all financial and
administrative functions, including MIS, Human Resources & Benefits, insurance & risk
management, multi-state & multi-country taxation, and banking & stockholder relations.
Significant Accomplishments:
• Planned and executed foreign subsidiary capacity consolidation and restructuring increasing
margin contribution by more than US$ 2 million per year. Managed concurrent governmental
regulatory agency and union negotiations which yielded additional US$ 1 million (25%)
savings on projected costs of restructuring foreign facility.
• Registered new US$ 2 million sales volume UK distribution facility and set up administrative
and accounting processes and controls in support of operations management.
• Reduced audit and tax fees by 33% and increased compliance by evaluating processes and
reorganizing accounting staff bringing audit support functions in-house.
• Revised company policy manual for 350 employee, 10 plant company to recognize current
legal environment and reduce company’s exposure to potential legal actions.
• Managed system design, selection, and implementation project for computerized order entry
application for US$ 25 million manufacturing and distribution facility.
• Developed customer profitability analysis to identify pricing problems and targets for price
adjustments to maximize gross margin opportunities for US$ 15 million product line.
• Developed implementation plan to restart idle production facility and reorganize operations to
meet competitive pressures for low cost products. Improved gross margin by more than 10%.
• Negotiated approval of alternative accounts receivable financing which accomplished retention
of four largest German accounts representing over 60% of country sales volume.
Franklin University and Columbus State College, Columbus, OH - Adjunct faculty, financial and
managerial accounting.
Richard A. Archer, CPA, Columbus, OH
Midland-Ross Corporation, Cleveland, OH - US$ 500+ million Fortune 500 diversified international
manufacturing company.
Assistant Division Controller, Janitrol Aero Division, Columbus, OH - Responsible for general
& cost accounting, data processing and administrative services. Managed reorganization and
integration of accounting, costing, and reporting of three units with sales of US $50 million.
Senior Internal Auditor, Corporate HQ, Cleveland, OH - Operational & process improvement
audits of information systems, procurement and production & inventory control.
KPMG - Peat Marwick, Lincoln, NE - Planned, performed, and supervised audits, including SEC
engagements, up to 2,000 audit hours for clients in manufacturing, insurance, and health care.
Richard A. Archer
Other Relevant Information
Education:
•
•
BS, Business Administration, Accounting major, University of Nebraska.
Post graduate studies in accounting, finance, operations management, human resources, Ohio State
University
Professional Certifications:
•
•
•
•
•
•
CPA (Inactive Practice Permit since working outside USA)
CIA
Certified Sarbanes-Oxley Manager - CSOXM
Certified Governance, Risk, and Compliance Professional - CGRCP
Certified Integrated Risk Management Professional - CIRMP
Certified Internal Control Management Professional - CICMP
Professional Activities:
•
•
•
•
•
•
•
Member American Institute of CPA’s
Member Institute of Internal Auditors, former member of Board of Governors of Hong Kong
chapter
Member Institute of Internal Auditors - Financial Services Audit Division
Member Internal Audit Division, Securities Industry Financial Management Association
Associate Member – American Association of Financial Management
Member – GRC Institute
Associate Member – Open Compliance and Ethics Group
Language Proficiency: Basic level reading & speaking Dutch, French and German.
Speaking and Publications
In addition to developing and presenting in-house training programs in internal controls concepts,
internal auditing and Sarbanes-Oxley methodology as part of responsibilities of various positions,
presentations and training programs were delivered for the following organizations:









“The Sarbanes Oxley Mandate: A Critical Analysis on its Impact on Asian Companies” and
moderator of the panel discussion “Strategies for Effective Compliance and Swift Reaction to the
Sarbanes Oxley Legislation” at the Pacific Conferences 2005 Singapore Conference Emerging
Policies & Trends in the World Affecting CFOs
“Effective Corporate Governance – HR’s Increasingly Important Role” for the Australian
Human Resources Institute’s 2005 Human Resources Week Conference (Western Australia)
“Developing the Auditing Role: Corporate and Financial Reporting” at the 2nd Annual GCC
Corporate Governance Conference in March 2008 in Dubai
“Adding Value Through Risk-based Auditing”, a full day workshop presented in conjunction with
the May 2008 Maximizing Internal Audit for Competitive Advantage Conference in Hong Kong
and Singapore. Also served as Conference Chairperson.
"Internal Audit's Role in Finance Function Effectiveness - Diagnosis for Good Governance" at
the June 2009 Asia Business Forum Performance Measurement for the Finance Function
Conference
"Controlling Revenue and Fraud Losses by Next Generation Risk Management" at the August
2009 Asia Business Forum Corporate Performance Management Conference
"Incorporating Financial Risk Management with Purchasing Strategies" at the October 2009
Asia Business Forum Corporate Purchasing Conference 2009
Numerous training programs developed and presented in 2005-2008 for the Hong Kong Chapter of
the IIA, the Hong Kong Institute of CPAs, the Hong Kong Chapter of CPA Australia, and the Hong
Kong CFO Special Interest Group
Author – “Internal Audit – Best Practices for Effective Business Controls” 10 module distance
learning program provided across MENA by a Dubai-based professional training company.