Jerry Barbato: New Director!

It is with great enthusiasm that Solaris introduces Jerry Barbatos, Director. With an illustrious career, Jerry brings a wealth of experience, visionary leadership, and a steadfast commitment to our team.

Jerry brings a deep understanding of US GAAP and key technical accounting topics including but not limited to ASC606 Revenue from Contracts with Customers; ASC730 Research and Development Costs, and ASC842 Lease Accounting.  Jerry is a subject matter expert for all technical accounting research and analysis.  He has written global revenue policies, several white papers on significant judgment-based and wide-spread accounting topics, and revenue assessment position papers which were reviewed and presented to senior leadership and external auditors.  Jerry has also been heavily involved with performing root cause analysis, cost-benefit analysis and risk assessments.

Following his Big 4 public accounting experience, Jerry brings 10+ years of industry experience for both large, well-known private and public companies with $1B+ in annual revenue.  Jerry has been heavily involved with period end close responsibilities, transactional and period-end flux analysis, reporting key metric results to senior leadership, implementing new and effective policies and procedures based on industry standards and enhanced internal control environments by implementing new key controls over significant judgment and high-risk revenue and accounting operational areas.  He understands the quote to cash process and the importance of being a part of the contract approval process to ensure any revenue implications for non-standard terms and conditions are properly analyzed and addressed. He has played a primary role in ERP implementations such as NetSuite, RevPro, Oracle Cloud Fusion with Oracle Revenue Management and Softrax. His knowledge over system processing and external reporting based on transactional data (and key identifiable fields from the quote to cash process) are imperative in ensuring correct system mapping, processing and generating reliable financial reporting.  Time and time again, Jerry has been the main point of contact with leading the external audit, closing out audit requests and all things GL accounting related.

Being in both the public accounting and industry sectors, Jerry has gained significant exposure in understanding the importance behind promoting organizational growth, scalability, adaptability and operational efficiency. Jerry has the know-how capability to assist and fulfill a client with their immediate business needs.  Being on the client side of things for the last several years, Jerry understands various organizational pain points and the importance of implementing strategic planning, timely execution for key objectives, and having a leader to remedy issues, revamp productivity and drive a project to completion.  Jerry will continue to build strong relations with Solaris’ client base while also dedicating time in building new growth opportunities.  His robust accounting background and operational knowledge, willingness to learn and strong interpersonal skills will be primary drivers for attaining future growth and scalability for Solaris.

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