Paul E. Zikmund, CFE, MBA, Macc, MBEC
5311 Ridgeview Drive, Doylestown, PA 18902
Executive Summary
Results-driven professional with extensive experience in the development and management of fraud & security risk management solutions. Managed Global fraud investigation teamsand forensic audit organizations. Experienced in the development and oversight of policies and procedures relating to fraud prevention, detectionand investigation for large and mid size corporations. Managed and conductedinvestigations of complex financial frauds and developed and implemented anti-fraud programs controls designed to reduce the risk of fraud.
PROFESSIONAL EXPERIENCE
Tyco International (US), Inc. Princeton, NJ
Senior Director Forensic Audit Oct 2009 - Present
Responsible for leading the Forensic Audit Team, managing outside resources, and working in conjunction with Internal Audit, Corporate Ombudsman and General Counsel to conduct internal investigations of complex incidents of fraud and financial abuse.
Provide oversight to forensic audit engagements. Provide litigation support to the law department including, witness interviews, preparation of reports, exhibits, and timelines.
Manage collection and review of electronic and documentary evidence including application of computer forensic techniques as an investigative resource.
Amper, Politziner & Mattia, LLP
Director Philadelphia, PA
Litigation Support Services Dec 2007 –Oct 2009
Responsible for performing corporate investigations, administering compliance and integrity services programs, and conducting fraud risk assessments and fraud awareness training programs for companies and organizations. Directs and performs complex financial investigations for clients worldwide related to fraud, suspected fraud, and other acts of employee misconduct.
Develop and manage staff on investigative techniques and practices including analytical procedures, auditing techniques, and interviewing skills.Coordinate investigative results with legal, human resources, and law enforcement to assist with remediation and recovery of lost assets.
SolomonEdwardsGroup, LLC Philadelphia, PA
Principal Oct, 2006 – Dec 2007
Enterprise Risk Management/Fraud and Forensic Services
Responsible for providing compliance, litigation support, and fraud and forensic solutions aimed to reduce, identify, and remediate instances of fraud and abuse. Conduct fraud risk assessment; analyze fraud trends and internal control failures that increase the risk for fraud within an organization.Develop and implement compliance, and antifraud solutions to ensure adherence to regulations and guidance related to establishment of controls aimed to reduce the risk of fraud and noncompliance within organizations.
Manage investigations involving suspicions of fraud and misconduct by employees, management or third parties, as well as fraudulent financial reporting on the part of management. Develop and administer fraud awareness training to internal audit, management, and other company employees to empower organizations to detect red flags for fraud.
Control Solutions International Philadelphia, PA
Partner, Fraud & Forensic Services June 2006 – Oct 2006
Responsible for providing fraud and forensic solutions aimed to reduce, identify, and remediate instances of fraud and abuse. Analyze fraud trends and internal control failures that increase the risk for fraud within an organization. Evaluate design and validate operating effectiveness of anti-fraud programs and controls.
Conduct fraud risk assessments to evaluate design and validate operating effectiveness of control activities intended to prevent or detect fraud and misconduct. Develop and perform substantive fraud auditing procedures, computer assisted fraud audit techniques, and development of proactive monitoring controls.
Develop an audit response to suspected or discovered fraud and misconduct. Manage thorough investigations of fraud and financial abuse, both civil and criminal in nature, occurring within the company.Develop and administer fraud and compliance training to empower management, employees and internal audit with the ability to detect red flags for fraudulent activity
Deloitte & Touche, LLP Philadelphia, PA
Senior Manager – Enterprise Risk Services Oct 2005 –June 2006
Responsible for aiding client’s overall management of fraud solutions through administration of Antifraud Programs and Controls used to assess fraud vulnerabilities inherent with the client’s industry and business operations. The individual development of fraud awareness training, fraud risk assessment, and analysis of fraud trends and internal control weaknesses, which increase the risk for fraud within the organization.
Conduct investigations of fraud and financial abuse, both civil and criminal in nature, occurring within the company. Manage and coordinate internal and external resources used during the investigative process
Preparing reports; communicate findings to management, human resources and legal, and recommending corrective action relating to internal control failures, and disciplinary actions relating to company employees.
Tyco International (US), Inc. Princeton, NJ
Director Forensic Audit June 2003-Oct 2005
Responsible for leading the Forensic Audit Team, managing outside resources, and working in conjunction with Internal Audit, Corporate Ombudsman and General Counsel to conduct internal investigations of complex incidents of fraud and financial abuse.
Provide oversight to forensic audit engagements. Provide litigation support to the law department including, witness interviews, preparation of reports, exhibits, and timelines.
Manage collection and review of electronic and documentary evidence including application of computer forensic techniques as an investigative resource.
Conduct root cause analysis meetings with management and prepare comprehensive remediation plans to reduce the risk of future occurrences. Develop company guidelines for conducting internal investigations. Committee member of Tyco’s Compliance Council.
Conduct internal fraud awareness training for company employees and internal audit. Development and application of forensic audit techniques used to uncover red flags for fraud during an audit.
Designed and implemented a comprehensive fraud risk assessment program to define inherent risk for fraud and work to identify internal controls aimed to minimize the risk of fraud within the organization.
The Dow Chemical Company Midland, MI
Director Fraud Investigative Services Nov 2001- June 2003
Provide global leadership for detecting, preventing and deterring incidents of financial fraud and abuse as they impact The Dow Chemical Company. Responsible for minimizing fraud exposure through implementation of proactive prevention and reporting practices. Establish and manage investigative standards of Fraud Investigative Services to ensure that investigations, case files and reports are produced in a timely and professional manner. Focus on risk management to reduce the overall financial impact from fraud perpetrated against the company.
- Provide consultation and advice to various business groups and functions to effectively reduce the occurrence of fraud within the company.
- Conduct fraud prevention education and awareness training programs.
- Coordinate efforts with Legal, Internal Audit, Law Enforcement, Corporate Security and Human Resources to investigate and reduce incidents of fraud and financial abuse.
- Conduct fraud detection through proactive data analysis.
Nortel Networks Billerica, MA
Director Corporate Security-North America Nov 1999-Nov 2001
Provide security leadership across the full range of Corporate & Systems Security roles and responsibilities. Responsible for identifying, and assessing current and emerging risks for wide-range security and business issues. Particular emphasis on management of significant security incident investigations, incident trends and root-cause analysis, and global litigation support under the direction of Corporate Counsel.
- Manage investigative efforts of internal/external security consultants.
- Provide investigative services for major security incidents, including fraud, thefts of intellectual property, conflicts of interest, and other corporate policy violations.
- Provide security consultation and advice to internal business teams.
Union Carbide Corporation Danbury, CT
Account Representative, Specialty Polyolefins Division May 1996-Nov 1999
Responsible for maintaining/improving market shares for Wire and Cable products in the Midwest Region. Areas of responsibility included: supporting strategic business objectives, identifying competitive threats, and managing customer relationships.
Financial/Business Analyst, Functional and Capital Analysis Group - Specialty Polyolefin Division
Responsible for providing analytical support to the company’s Wire and Cable Business.
Areas of responsibility included coordination of long range financial forecast, preparation of product P&L reports and, monitoring fixed and variable costs.
Special Investigator,Corporate Security
Responsible for managing and conducting investigations of corporate policy violations, implementing and managing security, fraud detection and prevention programs, and assisting with assessment of physical security at domestic and international locations.
Oversee and conduct domestic and international investigations including Misappropriation of Assets, Embezzlement, Conflicts of Interest, Theft of Intellectual Property, Threats of Violence, and Misuse of Corporate Assets.
Commonwealth of Pennsylvania Pennsylvania
Pennsylvania Office of Attorney General Jan 1991-May 1996
Special Agent; Medicaid and Insurance Fraud Units
Responsible for investigating Healthcare and Insurance Fraud in Western Pennsylvania.
Manage and conduct investigations in this newly created unit.Liaison to federal, state and local law enforcement.Served as the liaison to Insurance companies and solicited case referrals from claims agents and investigators.
PennsylvaniaState Police
State Trooper
Responsible for law enforcement duties within the Commonwealth of PA including traffic enforcement, criminal investigations and community services.Assisted in managing and training Pennsylvania State Police Cadets.Served as an investigator in the State Police Crime Unit.
Municipal Police Officer 1986-1991
Findlay Township Police Department, Findlay, PA
Swissvale Police Department, Swissvale, PA
Falls Church Police Department, Falls Church, VA
EDUCATION
University of PittsburghBS Administration of Justice- 1994
Accounting Certificate Program (27 credits) – 1996
University of ConnecticutMasters of Business Administration - 1998
AuburnUniversityMasters of Accountancy - 2004
CREDENTIAL AND AFFILIATIONS
- Certified Fraud Examiner – Association of Certified Fraud Examiners (ACFE)
- Certified Fraud Deterrence Analyst – National Association of Certified Valuation Analysts (NACVA)
- Certified Forensic Financial Analyst - National Association of Certified Valuation Analysts (NACVA)
- Institute of Internal Auditors – Former Granite State Chapter President-Professional Conference Committee Board
- ASIS Economic Crime Committee – 2003/2004 Council Chairperson
- Henley-Putnam University Strategic Security & Protection Management program’s Advisory Board
- Carlow College Masters of Science in Fraud & Forensics Advisory Board
- Assistant Professor – Rider University, NJ – Fraud and Audit Coursework (2003-present)
- Adjunct Professor – LaSalle University – Financial Statement Fraud Course (2008-2009)
- Adjunct Professor – Temple University – Audit Coursework (2008)
- Former Board Member – Association of Certified Fraud Examiners - Philadelphia Chapter 2004 - 2008
- ACFE – Fraud Programs Instructor
Paul E. Zikmund, CFE, MBA, MAcc, MBEC
Speaking Engagements, Publications, Coursework
Articles
- 10 Truths You Need to Know About Fraud, Strategic Finance Magazine, May 2004
- (Certificate of Merit Award)
- Ferreting Out Fraud, Strategic Finance Magazine, April 2003
- Student Case Study: TruGloss Shanghai JV, Journal of Forensic Accounting, Dec 2004
- Conducting Company Fraud Risk Assessments, NACVA Value Examiner, January 2006
- But I’m an Auditor Right, Not and Investigator? PA CPA Journal, Winter 2007
- Book Review: Building a Career in Compliance and Ethics, The CPA Journal, December 2007
- Auditor, Watchdog or Bloodhound?, National Litigation Consultants Reviews. January 2008
- 4 Steps to a Successful Fraud Risk Assessment, Internal Auditor Magazine, February 2008
- Reducing the Expectation Gap, The CPA Journal, June 2008
- Danger Ahead!, A Guide to Conducting Successful Fraud Investigations, National Litigation Consultants’ Review, January 2009
- Beyond a Preponderance of Doubt, National Litigation Consultants Review, March 2009
- How to Protect Your Company Against Fraud in Tough Times, The Philadelphia Legal Intelligencer, March 2009
- Public Relations Associates: Investigating Cost Assignment Fraud, Journal of Forensic & Investigative Accounting, Volume 1: No. 2, July-December, 2009
College Teaching
Adjunct Professor
Rider University
Lawrenceville, NJ
January 2004 to present
Courses – Fraud Deterrence and Detection, Fraud Examination, Auditing, Business Valuation
Instructor
West Virginia University
Pittsburgh, PA
November 2006 – January 2007
Course - Graduate Level Fraud & Forensic Accounting Course
Adjunct Professor
La Salle University
Philadelphia, PA
January 2008 to present
Course - Financial Statement Fraud
Adjunct Professor
Temple University
Ambler, PA
May 2009 to present
Course - Auditing
Presentations & Training
Association of Certified Fraud Examiners Fraud Conference,
Philadelphia Chapter Fraud Conference - December 2004
Investigating Corporate Fraud in Today's Dynamic Business Environment
Institute of Managerial Accountants –
Valley Forge Chapter - September 2004
Ten Truths about Fraud
Institute of Internal Auditors/ACFE – Fraud Symposium, March 2004
Proactive Forensic Auditing for Sarbanes-Oxley Compliance
Institute of Internal Auditors, General Audit Management Conference, March 2004
Proactive Forensic Auditing for Sarbanes-Oxley Compliance
MIS Training Institute – Fraud Symposium
Making Forensics a Core Competency, April 2004
Chicago, IL
American Society for Industrial Security International
Emerging Trends in Security - April 2003
Investigating Employee Fraud in Today’s Dynamic Business Environment
Auburn University – Spring & Fall session 2004
Fraud and Forensic Accounting
MIS Training Institute - Superstrategies Conference, April 2002
Maximizing Asset Protection and Recovery
Regional Security Conference – Hagerstown, MD, December 2004
Coordinating Corporate Fraud Investigations
Philadelphia Certified Fraud Examiners Seminar – December 2004
Investigating Employee Fraud in Today’s Dynamic Business Environment
Association of Certified Fraud Examiners Conference – Washington, DC - July 2005
Resolving Employee Embezzlement
MIS Training Institute Fraud Conference – August 2005
Auditing the Tone at the Top
Forensics, What every Audit Department should know
Federal Reserve Bank – Philadelphia, PA - Oct 2005
Annual Internal Audit Conference
Investigating Employee Fraud in today’s Dynamic Business Environment
Fraud Detection and Investigation – Columbia, SC
SCANA Corporation Internal Audit Conference – October 2005
Institute of Internal Auditors, Philadelphia Chapter Fraud Seminar – November 2005
Conducting Fraud Risk Assessments
Institute of Internal Auditors, Internal Audit/Fraud Conference
Columbia, SC – February 2006
Fraud Detection and Investigation
Auburn University – Auburn, AL – March 2006
Careers in Fraud and Forensic Accounting
Association of Certified Fraud Examiners, Insurance Fraud Conference
Philadelphia, PA – April 2006
Collecting Information through Interviews
Association of Certified Fraud Examiner, MD Chapter Fraud Conference
Annapolis, MD – May 2006
Resolving Employee Embezzlement
Rider University
Forensic Conference - May 2006
Fraud and Forensic Accounting, Profession of the Future
Institute of Internal Auditors, NJ Chapter Fraud Conference
Princeton, NJ
Fraud Detection and Prevention – May 2006
Association of Certified Fraud Examiners
Fraud Seminar – June 2006
Conducting Fraud Risk Assessments
Spherion Consulting Group
Breakfast Roundtable – June 2006, Valley Forge, PA
Conducting Fraud Risk Assessments
Association of Certified Fraud Examiners
17th National Fraud Conference – July 2006
But I’m an Auditor, Not an Investigator
MIS Training Institute
Annual Fraud Symposium – July 2006, Chicago, IL
Timeline for a Successful Investigation
MIS Training Institute
Annual Fraud Symposium – July 2006, Chicago, IL
What Every Auditor Should Know About Identity Theft
National Association of Valuation Analysts
Certified Fraud Deterrence Training – August 2006
Fraud Deterrence Engagements
Bloomfield, CT
Federal Reserve Bank – Philadelphia, PA - Oct 2006
Annual Internal Audit Conference
Conducting Effective Interviews
Association of Certified Fraud Examiners
MD Chapter Fraud Conference - November 2006
But I’m an Auditor, Not an Investigator
Salisbury, MD
Institute of Internal Auditors – Central Penn Chapter
Fraud Conference – November 2006
Fraud Detection and Prevention
Harrisburg, PA
Institute of Internal Auditors
Philadelphia Chapter Fraud Conference
Annual Audit Conference and Symposium – November 2006
But I’m an Auditor, Not an Investigator
SS&G Financial Services Corporation
Internal Fraud Training Conference – November 2006
Procurement Fraud Detection and Prevention
Solon, OH
Tennessee Valley Water Authority
Internal Fraud Conference – December 2006
Procurement Fraud - Investigation and Detection
Knoxville, TN
USAA Corporation
Internal Audit Conference
Auditing for Fraud – February 2007
San Antonio, TX
Institute of Internal Auditor
Detroit Chapter Fraud Conference
But I’m an Auditor, Not an Investigator – March 2007
Dearborn, MI
Association of Certified Fraud Examiners
Tennessee State Chapter Fraud Conference
Fraud Detection and Investigation – March 2007
Nashville, TN
Institute of Internal Auditor
Chicago Fraud Conference
Fraud Detection and Prevention – April 2007
Chicago, IL
MIS Training Institute
Superstrategies Fraud Conference
Conducting Fraud Investigations – April 2007
Las Vegas, Nevada
Rider University
Annual Fraud Conference
Plenary Speaker – Conducting Investigations – May 2007
Lawrenceville, NJ
NJ State Auditors
Annual Auditors Conference
Fraud Detection and Investigation – May 2007
Trenton, NJ
Institute of Internal Auditors
Western Carolinas Spring Conference
Fraud Detection – May 2007
Greeneville, SC
National Association of Certified Valuation Analyst
Annual Litigation Conference
Fraud Risk Assessment – June 2007
Washington, DC
Association of Certified Fraud Examiners
Annual Fraud Conference
Conducting Corporate Investigations – July 2007
Orlando, FL
Frost Bank Internal Audit Conference
Fraud Detection and Investigation
Frost Bank – August 2007
San Antonio, TX
SEG Thought Leadership Seminar
Fraud Risk Assessment – September/October 2007
Chicago, IL, Dallas TX, Atlanta GA, Fort Lauderdale, FL, Boston, MA
Baltimore Institute of Internal Auditors
Fraud Detection and Investigation – November 2007
Baltimore, MD
Institute of Management Accountants
Conducting Internal Fraud Investigations – December 2007
Philadelphia, PA
Aramark Internal Audit Seminar
Conducting Internal Investigations – December 2007
Philadelphia, PA
IBM Corporation Internal Investigations Conference
Financial Statement Fraud – December 2007
Somers, NY
Northern Virginia Institute of Internal Auditor
Conducting Successful Fraud Investigations – February 2008
Arlington, VA
ISACA 2008 Annual Spring Conference
Investigative Skills for Auditor –March 2008
Interviewing Skills for Auditors – March 2008
Troy, MI
Allegheny Power Fraud Conference
Investigative Skills for Auditor –April 2008
Pittsburgh, PA
Keystone Konnection Fraud Conference
Fraud Case Study – May 2008
Lancaster, PA
Central Penn Institute of Internal Auditors
Investigation & Legal Pitfalls for Internal Auditors – May 2008
Harrisburg, PA
National Association of Certified Valuation Analysts
Forensic Accounting Academy Course – September 2008
Baltimore, MD
New Jersey Institute of Internal Auditors
Annual Fraud Conference – September 2008
Lawrenceville, NJ
Association of Certified Fraud Examiners
Fraud Prevention Seminar – October 2008
Nashville, TN
Albany IIA/ACFE Chapters Joint Fraud Conference
From Predication to Conviction, A Step by Step Approach to Fraud Investigation
November 2008
PA Department of Public Welfare Fraud Conference
Fraud Detection & Prevention
Conducting Fraud Investigations