Baker Tilly Professional

Russell Forbes

Russell Forbes is a director with Baker Tilly’s digital solutions practice. He has advised clients on matters related to Cost Accounting Standards (CAS), Defense Federal Acquisition Supplement (DFARS), contractor business system requirements and accounting system implementations. His industry experience also includes supervision of accounts receivable departments and contract closeout administration.

  • Managed and executed data conversion into Costpoint data tables, including mapping data sources to targets, cleansing data sources and validating conversion output with process stakeholders
  • Reconciled government contract unbilled revenue balances by fiscal year and funding source to facilitate final invoicing and contract closeout
  • Developed CAS compliant indirect rate structure for a large federal contractor, including design of indirect cost pools and preparation of disclosure statements
  • Helped a premier consulting services company with an ongoing incurred cost submission preparing required cost schedules
  • Supported a nuclear energy contractor through a restructuring of cost accounting structure. Modeled proposed indirect cost rates using incurred actual cost data and quarterly budget estimates
  • Assessed contractor accounting system for compliance with DFARS accounting system criteria, including business process documentation and internal control testing
  • Performed due diligence for private equity investment group on the federal compliance concerns faced by an acquisition target

Location

Washington, DC

Education

Bachelor of Arts in finance

Virginia Tech

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