Herman L. Moncrief leads TechCXO’s Technical Accounting Advisory Practice, which provides assistance in applying complex reporting standards to help companies understand and adapt to today’s changing regulatory environment.
Herman has 20 years of proven experience leading dynamic and fast-paced corporate finance organizations, for both publicly traded and private-equity backed technology companies. Herman began his career with Arthur Andersen & Co where he gained a strong foundation in the Software/Technology industry.
Prior to joining TechCXO, Herman served as the Vice President, Finance for MEDHOST, Inc., a privately-held $200M Healthcare IT company which provides market-leading enterprise, departmental and healthcare engagement solutions. For MEDHOST, Herman rebuilt the financial management operation while preparing for an IPO. He was the primary resource for all technical accounting topics, oversaw rollouts of new ERP and CPQ systems, and added robust processes to budgets, forecasts and financial reporting. In addition, he and his team transformed the Company’s revenue recognition process and improved cash flow in part via contract negotiations.
Herman has extensive experience in the Software/Technology space and has served Companies in various leadership roles, including Corporate Controller and Principal Accounting Officer for American Software, Inc., a publicly-traded technology company. At American Software he reshaped and rescaled financial operations while supporting the Board’s strategic growth. He also served as Disclosure Committee Chair and Technical Accounting Expert.
As an Audit Manager with KPMG, Herman firmed up expertise in the software industry, recognizing key performance drivers, trends, and emerging technical and industry developments. He solidified knowledge and application of SOX 404 requirements. He also served as the Lead Engagement Manager on a US GAAP-to-IFRS conversion for a French-owned US subsidiary.
Herman has a very diverse background which includes serving as the in-house technical accounting resource primarily in the areas of revenue recognition, capitalization of software development costs, share-based payments, and business combinations. In addition, he has provided valuable leadership in other areas of accounting and finance, including but not limited to; system implementation/integration, budgeting and forecasting, and SEC reporting.
Herman is a CPA in the state of Georgia, a member of the American Institute of Certified Public Accountants and a member of the Georgia Society of Certified Public Accountants.