CPA, MBA, EA · Lebanon, NJ
De facto Chief Financial Officer of a multinational biometrics company with three legal entities and a US to Korea operating structure. Founder of Bednar Finance, a fractional CFO and CPA practice for owner-led and PE-backed companies under $20M. Seventeen years across public accounting and private operating companies. Public accounting roots. Private operating company depth. Built for the rooms where both languages get spoken at once.
CPA New Jersey 2016 · MBA Rutgers Summa · Enrolled Agent IRS · 17 years
About
Most senior finance professionals come from one side or the other. Public accounting only, no operating experience. Or operating company only, no audit or compliance fluency. The work that produces durable outcomes for an owner, a board, or a private equity sponsor demands both. The seat I sit in is the one where both languages get spoken in the same conversation.
Day to day, I am the sole finance leader at a multinational biometrics technology manufacturer with three legal entities, a US to Korea operating structure, and customers across the Middle East, Asia Pacific, the Americas, and Europe, the Middle East, and Africa. The role spans the first external audit, the consolidation of two legacy ERPs into NetSuite, the US to Korea transfer pricing build, the SOC 2 program, the pricing strategy for the existing portfolio and a new product launch, and a five-day close across the three entities.
Concurrently, I founded Bednar Finance, a fractional CFO and CPA practice for owner-led and PE-backed companies under $20M facing a bank, a board, an auditor, or a buyer. The practice is intentionally small. Better clients, deeper relationships, harder work, more honest conversations.
The work that travels well across all of it is the same: build the financial architecture that turns a profitable but illegible business into a bankable, sellable, scalable one. Then run it alongside the owner every week until the discipline becomes the operating standard.
Career
Public accounting at the start, operating company finance through the middle, fractional CFO leadership now.
De facto CFO of a multinational biometrics manufacturer with three legal entities and a US to Korea structure. First external audit, NetSuite consolidation of AccPac and QuickBooks Enterprise, US to Korea transfer pricing, SOC 2 program, pricing strategy for existing portfolio and new product launch. Five-day close. Sole finance leader.
Fractional CFO and CPA practice for owner-led and PE-backed companies under $20M. Built for complexity and deadlines: a bank, a board, an audit, a close, or a sale. Intentionally small roster, senior delivery.
Private equity backed signage manufacturer. Defined-scope restatement and turnaround. Restated two full fiscal years, refiled delinquent corporate and state tax returns, executed an LBO of a unionized operating entity using the construction industry exemption, secured PE and bank financing without a personal guaranty despite two years of restated losses. Migrated QuickBooks, MAS90, paper, and Google Sheets to NetSuite. AIA billing, prevailing wage compliance, full HR and insurance buildout.
Private equity backed IoT and SaaS manufacturer through $1.4B take-private. Reduced monthly close from 14 days to 5. Managed 45-person global accounting team across 27 countries and 18 currencies. Authored ASC 606 waterfall rewrite for hardware-plus-SaaS hybrid revenue. Rebuilt ASC 842 across EMEA, Southeast Asia, and the Americas. Supported sponsors achieving 24.6 percent IRR.
US subsidiary of a Tokyo Stock Exchange listed parent, approximately $520M revenue. Negotiated bipartisan US to Japan Advance Pricing Agreement. Led Microsoft D365 ERP implementation in six months. SOX 404 internal control testing and reporting.
Hedge funds, private equity funds, family offices, three NBA franchises (Charlotte Hornets, Washington Wizards, Denver Nuggets), and ERISA employee benefit plans. Private equity valuation reviews (DCF, multiples, comparables, NAV).
Led independence clearance for PwC's acquisitions of Booz & Co. and PRTM, reviewing more than 400 incoming partners and senior personnel. SOX 404 audit work focused on revenue recognition, leases, and valuation.
Expertise
ASC 606 hardware and software bundles, ASC 842 lease accounting, ASC 350 research and development capitalization, opening balance sheet work post private equity buyout.
AIA progress billing, prevailing wage and Davis-Bacon compliance, certified payroll, federal and state public works.
Bill of materials, production orders, direct material and labor and overhead allocation to work in progress, GRNI and cutoff controls.
US-Japan Advance Pricing Agreement, US-Korea transfer pricing methodology, GST and multi-jurisdiction compliance, H-1B prevailing wage analysis.
NetSuite, Microsoft D365, MAS90, Sage AccPac, QuickBooks Online and Enterprise, Sage Intacct.
Opening balance sheets post-close, recapitalizations, buy-side diligence, board reporting, IRR optimization.
Workers compensation negotiation, health insurance plan selection, 401(k) compliance, union buyouts, comp band design, total rewards philosophy.
Bednar Finance
Bednar Finance is a fractional CFO and CPA practice for owner-led and PE-backed companies under $20M, across professional services, distribution, manufacturing, technology, CPG, and retail, domestic and cross-border. The work spans cash flow visibility, banker readiness, ASC 606 revenue policy, multi-entity consolidation, ERP migration, and exit planning.
The entry engagement is a three-week Diagnostic at $8,000, with Premium ($12,000) and Comprehensive ($16,000) tiers. Roughly two-thirds of Diagnostic clients move into a monthly retainer ($4,500 to $8,500 per month). A premium engagement for owners with a capital event or transaction on a 12 to 36 month horizon is quoted case by case.
Connect
Email. ebednarc525@gmail.com
LinkedIn. linkedin.com/in/edwin-bednarczyk-cpa
Bednar Finance. bednarfinance.com
Location. Lebanon, New Jersey 08833
For fractional CFO inquiries: book through bednarfinance.com/contact.
For full-time CFO conversations: warm introductions through retained search firms preferred. Resume available on request.
For speaking, podcast, or content collaboration: short email is the fastest path.