Adrian Lamberti
CFO
CFO and Controller with extensive experience across the USA and Europe, in public and private companies, spanning cybersecurity and software, energy, financial services, hospitality, manufacturing, and legal. Chartered Certified Accountant and London School of Economics graduate.
Adrian is the one you call when the accounting question does not have an obvious answer and the filing deadline does not care. He is a flexible, agile thinker and collaborator with a hands-on approach, ready to respond to the many different challenges of a changing workplace.
His specialty is technical accounting under pressure: SEC reporting including restatements, ASC research and memo preparation, and the messy accounting that comes with a merger, a bankruptcy, or a system conversion that is already halfway done. He has worked alongside Jayson Potts on multiple engagements over nearly two decades.
SEC and technical reporting
10-K and 10-Q reporting including restatements, ASC technical accounting research and memo preparation, MD&A, GAAP and SEC checklists, and IT audit preparation and support.
M&A transition
Interim P&L Controller for the transition of McAfee’s Enterprise division into Trellix. Co-managed implementation and testing, converted locations in SAP, and stood up P&L reporting in SAP BPC and BW.
Revenue recognition (ASC 606)
Consultant on client compliance for over 200 Flowserve sites worldwide, building a custom Excel solution to calculate contract completion for 80 manufacturing sites. Led ASC 606 projects at five upstream and midstream energy companies.
Lease accounting (ASC 842)
Led a review and overhaul of Lease Accelerator that corrected ASC 842 lease expense and balance sheet liabilities for properties in 20 countries.
Controllership and close
Interim Controller for Hicks Holdings, managing the accounting function for more than 30 families and their related partnerships and personal companies. Cut average close time by 40 percent, to 15 days.
Restructuring and Chapter 11
At Cano Petroleum, guided the management team through Chapter 11 restructuring to a successful Section 363 sale, then assisted the new owners with M&A transition. At Williams Pipeline Construction, assisted with ESOP work and a Chapter 11 filing.
Fixed assets and tax recovery
Led an internal audit review that restated fixed asset misclassifications, resulting in a $2.4 million tax refund from the IRS.
Intercompany at scale
Project Manager for a business process review and system alignment on intercompany and derivative settlements at OneMain Financial ($20B in combined assets). Automated intercompany matching and entries for more than 100 special purpose vehicles and holding LLCs.
Public offerings
Assisted a private equity portfolio company with a restatement of results and the preparation and SEC filing of an S-1 and S-4 reverse merger. Prepared S-1 support, currency translations, consolidations, and 10-K footnotes for a restaurant group offering.
International experience: London to Dallas
Adrian managed the accounting department for the Law Society of England and Wales and ran the fixed asset department for Accor Hotels in Paris, administering $1 billion in capital assets and leading the team through an Oracle 10.7 to 11i conversion. That European public-company discipline shows up in every close he runs.
Services
Management accounting
- CFO and Controller for small and mid-sized public and private companies
- Cash flow management and profit forecasting
- Financial modeling, budgets, and analysis
- Stock option, equity, and complex journal entries
- Account reconciliations and close management
- Strategy and planning projects
Industry specialty
- Cybersecurity and software
- Energy: E&P, midstream, oilfield
- Financial services
- Hospitality
- Manufacturing
- Legal services
- Private equity and family office
Technical accounting
- ASC 606 revenue recognition
- ASC 842 leases
- ASC 350-40 internal use software
- Business combinations and debt restructuring memos
- GAAP and IT audit preparation and support
Software experience
- SAP HANA Financial, SAP BPC and BW
- Oracle 10.7, 11i, 12R, PeopleSoft, Hyperion, Workday
- Blackline, Workiva, Smartsheet, Domo
- QuickBooks, Foundation, Enertia, Ogsys, QAD, MAS 200
Relevant experience
- Interim Controller, Hicks Holdings, Dallas, TX (private equity and family office)
- Interim P&L Controller, Trellix/McAfee, Milpitas and San Jose, CA ($4B cybersecurity company)
- Shadow CAO, Tuesday Morning Corporation, Dallas, TX
- Senior Consultant, JLP Business Solutions LLC, client Clearday Inc., San Antonio, TX
- Senior Consultant, Kral-Ussery LLC, Southlake, TX, including Shadow CAO at Lilis Energy
- Interim Global P&L Manager, McAfee Software, Plano, TX ($100M monthly G&A spend)
- Interim Controller, Murchison Oil and Gas Company, Plano, TX
- Corporate Controller, Cano Petroleum Inc., Irving, TX (five related E&P companies)
- Controller, Williams Pipeline Construction, Canadian, TX
- Controller, Petron Resources LP, Frisco, TX (startup oil and gas E&P)
- Division Controller, J-W Operating Company, Addison, TX
- Fixed Asset Manager, Accor Hotels, Paris, France and Addison, TX
We have relationships built over the last 20 years throughout North America, so multiple members of a C-Suite can step in together when an engagement calls for it. We draw on existing relationships, employees, and other C-Suite Support team members to scale to a client’s needs. Fractional CFO work is more than a part-time CFO. It is a discipline of its own to coordinate fractional engagements well.
Education and credentials
- Association of Chartered Certified Accountants (ACCA), Glasgow, UK, member since 1992
- BSc Accounting and Finance, London School of Economics, London, UK
Want Adrian in the room?
Book a 30-minute Clarity Call. We will tell you whether ongoing CFO leadership is the right next step, and which of our CFOs fits your business best.
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