Citrin Cooperman is pleased to announce that J. Michael Stephens and Jenny Herrera have joined the firm’s Bethesda, MD office as partners. Stephens brings more than 30 years of experience in public accounting, with a focus on governmental, quasi-government, and not-for-profit organizations. Herrera has over 30 years of public accounting experience providing auditing, accounting, and a wide variety of consulting and management advisory services to not-for-profit clients, including those with grant funding and global operations.
“We have been strategically building our Government Contracting and Not-for-Profit Practices,” said Mark Carrow, regional managing partner of Citrin Cooperman’s South-Atlantic region. “We’re thrilled to have Mike and Jenny join the group, as their specialized skill sets will be a great asset for our team.”
“I’m very much looking forward to joining Citrin Cooperman as they continue to build their presence in the DC-metro area,” said Stephens. “With increasingly-complex reporting requirements for government and not-for-profit entities, there has never been a better time to build a robust team of advisors with in-depth experience in that area.”
Stephens provides audit and accounting services to not-for-profit organizations and state and local government entities. He is well versed in audits in accordance with the Uniform Guidance, and has managed, planned, and performed compliance audits for a variety of public sector organizations. These organizations are unique in that they include aspects of both for-profit and public sector accounting, reporting, and operational issues. Stephens also advises his clients in an outsourced CFO capacity and provides consulting services within his specialized industries. He has assisted governmental clients in obtaining and retaining the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting award and was previously a GFOA reviewer for their certificate program.
“Citrin Cooperman has a strong reputation in the not-for-profit community, with ample resources and the most prolific team of advisors in the industry,” said Herrera. “I’m thrilled to be joining their partnership and working with their Not-for-Profit Practice in DC, an important market and the largest non-profit hub in the U.S.”
Herrera’s audit and accounting services include financial statement audits, internal and operational controls, management structuring, business process and procedures, unrelated business income tax, and compliance with government relations under the Uniform Grant Guidance. She has also assisted organizations with the implementation of computerized accounting systems, design and implementation of new policies, and reconstruction of accounts. She has helped in the restructuring of clients’ accounting departments, software conversions, and has served as an interim and permanent CFO for outsource accounting engagements.