Roger A. Strout, CIA, CFE, CICA

Audit Leadership An engaged, innovative, results- oriented leader focused on managing risk and adding measurable value to the organization. Roger A. Strout, CIA, CRMA, CFE, CICA

Moving Internal Audit Forward In 2013 Roger A. Strout, CIA, CRMA, CFE, CICA 2

Mission & Vision • To move an Audit Department forward and become a World Class, Best Practice Organization. • To balance partnering with Departments and Business Units, helping ensure their success, while still maintaining the independence required for an effective Internal Audit Department. • To develop a high energy, highly motivated and productive audit staff that is the best-practice in their profession. • To implement a highly collaborative, risk based, audit assessment and planning process. • To develop a trusted audit organization that experiences “pull” for their audit and assurance services. Roger A. Strout, CIA, CRMA, CFE, CICA 3

My Resume Extensive experience in Accounting & Finance, IT, Internal Audit, Internal Control Assessments, Strategic Planning and Process Improvement. Over twenty-five years of managing accounting, audit, and IT professionals with responsibility for: • Accounting / Auditing / Budgeting • Project Management / Process Improvement • Internal Controls & Risk Assessment • Financial Analysis / Forecasting Roger A. Strout, CIA, CRMA, CFE, CICA 4

Accomplishments as Director of Internal Audit • Completed annual risk assessment and 2013 Audit Plan, while ensuring successful completion of 2012 Plan. • Refocused audit staff on audit best practices, cost savings/recovery opportunities, and auditing fundamentals resulting in hard dollar savings/benefits to the organization of over $3 million. • Implemented recommendation tracking, reporting, and follow-up resulting in improving implementation rates by 40%. • Launched data analysis tools utilizing ACL software. Roger A. Strout, CIA, CRMA, CFE, CICA 5

Accomplishments as Director of Internal Audit • Implemented Audit Leverage’s electronic work papers and audit management system. • Facilitated closer working relationships with Accounting, IT, Finance, and the External Auditors. Strengthened relationships with directors and peers within the company and across the industry. • Appointed advisory member of the IT Steering Committee. • Named to the newly created Efficiency and Effectiveness Task Force to identify and evaluate opportunities to reduce costs and improve effectiveness of operations. Roger A. Strout, CIA, CRMA, CFE, CICA 6

Accomplishments as Director of Internal Audit • Participated in the selection process for the External Auditor. • Developed and presented Internal Control Training program for all Departments. • Established Tampa Bay CAE Roundtable to identify and share Best Practices. • Tampa’s City Audit Department proclaimed “Unsung Heroes of Government” by City Council Member, John Dingfelder. Roger A. Strout, CIA, CRMA, CFE, CICA 7

AUDIT IDENTIFIED COST SAVINGS AND RECOVERIES $ 900,000 Unbilled Solid Waste Revenues (annual) $ 228,000 Gas & Diesel Tax Savings (annual) $ 30,000 Sweeper Lease Credits (annual) $ 81,000 Recovered Deferred Payment Loans (annual) $ 31,208 Fleet Towing Contract RFP (annual) $ 2,000 Vehicle Repair “Core” Refunds (annual) $ 50,000 Zero Use Accounts billed by TECO (annual) $ 58,000 Phone lines which were eliminated (annual) $ 127,226 Additional Rental Certificate Revenue (annual) $ 51,300 Electrical rate error identified and credit rec’d (annual) $ 38,300 Special Lighting Districts under-assessed (annual) $ 14,500 JP Morgan Chase over-charges credit rec’d (annual) $ 24,826 Lease Revenues due the City (annual) $1,636,360 Repeatable Savings $ 469,700 Streetlights Accumulated Interest moved to Gen’l Fund $ 750,000 Sidewalk Trust Funds available for use $ 183,200 Lease Revenues due from prior years $1,402,900 One -Time Savings/Revenue $3,039,260 Total Savings/Recovery Potential Identified by Audit Roger A. Strout, CIA, CRMA, CFE, CICA 8

Accomplishments at G-P as Consultant / Improvement Specialist • Managed Improvement Program to reduce manufacturing costs and improve processes at G-P’s Headquarters and across operating divisions. • Provided planning, coaching, facilitation, and training to diagnostic teams at G-P’s tissue operations identifying over $100 million in opportunities. • Facilitated cost savings results for IT of over $10 million. • Led Sarbanes-Oxley related IT controls reviews for G-P’s financial systems and centrally supported manufacturing systems. Roger A. Strout, CIA, CRMA, CFE, CICA 9

Accomplishments at G-P as Audit Manager • Delivered operational and financial audit services to operating divisions. • Achieved positive results in developing and enhancing business relationships with liaison operating divisions. • Conducted/coached operating management in performing Risk Control Self Assessments. • Developed and delivered an Internal Control training program for the Forest Resources Division. • Led the Corporate-wide annual division control evaluations for three consecutive years for presentation to the CFO, CIO, and Corporate Controller. Roger A. Strout, CIA, CRMA, CFE, CICA 10

Accomplishments at G-P as Audit Supervisor • Planned and supervised audits in G-P’s Forest Products and Headquarters divisions. • Conducted capital project audits of mill construction and rebuild initiatives exceeding $100 million. • Led audits of jointly owned real estate ventures, including oil terminals and storage operations. • Achieved recoveries exceeding $100,000 through Natural Gas contract audits and adjustments/recoveries for G-P during asset divestitures. • Developed and delivered a Natural Gas Management training program for all G-P mill locations. Roger A. Strout, CIA, CRMA, CFE, CICA 11

Education – Certifications - Awards • B.S. in Accounting (Magna Cum Laude), University Southern Maine, 1979 • Attended M.B.A. Program, University Southern Maine • CIA - Certified Internal Auditor, 1986 • CFE - Certified Fraud Examiner, 1991 • CICA - Certified Internal Controls Auditor, 2010 • Chairman's Award, 1991 Roger A. Strout, CIA, CRMA, CFE, CICA 12

Professional Activities • President of Institute of Internal Auditors Atlanta Chapter • Treasurer of Institute of Internal Auditors Florida West Coast Chapter • Board of Governors of Institute of Internal Auditors Florida West Coast Chapter • Chairperson of Board of Directors of the Florida Audit Forum • Member Institute of Management Accountants • Member Florida Government Finance Officers Association • Member of Florida Executive Audit Roundtable • Member the Association of Fraud Examiners • Founder of Tampa Bay Government CAE Roundtable Roger A. Strout, CIA, CRMA, CFE, CICA 13

Volunteer Activities • Habitat for Humanity of Atlanta • Paint Your Heart Out City of Tampa • Chairperson City of Tampa United Way Campaign • Trustee Tampa Fire & Police Pension Board • Member Tampa/Hillsborough Human Rights Council • President G-P Talks Toastmasters • Chairperson Design Review Committee for HOA • Panelist for Mayor’s African American Advisory Committee (MAAAC) Symposium Roger A. Strout, CIA, CRMA, CFE, CICA 14

Essential Attributes to Moving the Audit Department Forward • Depth and Breadth of Experience • Success Oriented • Decision-making Ability • Business Knowledge • A Sense of Urgency • People Skills • Contagious Enthusiasm • Embraces Change • Credibility in the Field • Commitment to Goals • Customer Service Perspective • Work Ethic • Influencer • IT Savy Roger A. Strout, CIA, CRMA, CFE, CICA 15

THANK YOU. I welcome any questions or comments. Please feel free to contact me at or click on “Contact Me” in the navigation bar above to use the convenient contact form. Roger A. Strout, CIA, CRMA, CFE, CICA 16