BARRY SPRUNG CPA, MBA

Long Island, NY (516) 581 5606 1bsprung@gmail.com

Tax Director

PROFILE SUMMARY

Hands-on tax director with a proven track record of results with more than twenty years of
experience in all areas of global corporate taxation.

Expertise
ASC 740 (FAS 109) Provisioning Audit Defense
ASC 740-10 (FIN 48) Process Improvement
Staff/Vendor Management Federal/State & Local/International Compliance
Research and Planning Federal/State & Local/International Provisioning
SOX 404 Compliance SEC reporting and footnote disclosure

PROFESSIONAL EXPERIENCE

Westwood One, Inc., New York, NY Oct 2011 to Apr 2014
Tax Director - Reported to Chief Financial Officer
Head of compliance, FAS 109 (ASC 740) provisioning, FIN 48 (ASC 740-10), audit defense
and research and planning functions
Successfully defended $14 million federal refund claim which was audited by IRS and
approved by joint committee
Managed a team of outside tax consultants on various projects including E&P studies,
debt restructuring scenarios and process improvements
Successfully managed the merger of the tax functions of two major companies
Streamlined the compliance and tax reporting functions
Improved cash tax budget process
Assisted upper management with debt restructuring

Bowne & Co., Inc., New York, NY Sep 2004 to Jul 2011
Tax Director Reported to VP Tax, Finance and Treasurer
Head of compliance, FAS 109 provisioning, FIN 48, audit defense and research and
planning functions
Streamlined tax compliance and provision (implemented Tax Stream) processes which
resulted in the improvement of tax controls and operating efficiencies, allowing for
greater focus on value added activities
Managed internal tax staff
Successfully completed many projects with outside consultants including but not limited
to Tax Stream implementation, nexus studies and transfer pricing
Settled seven years worth of federal tax audits resulting in over $25 million of refunds
Successfully resolved five years' worth of NYS tax audits, including reducing a potential
$12 million assessment to approximately $200k
Successfully resolved other company high profile audits
Filed company tax returns early to take advantage of NOLs resulting in refunds in excess
of $15 million
Initiated federal refund claims in excess of $10 million
Calculated section 956 inclusion and foreign tax credits
Performed E&P studies
Led team in implementing new sales tax software resulting in improved compliance
Assisted with due diligence for several M&A and divestitures

Nissko Jewelry Trading Inc., New York, NY Aug 2003 to Sep 2004
Controller Reported to CEO
Developed reporting for monthly and annual financial statements
Managed daily cash flow
Improved collection processes with major customers
Liaison with banks, factors, customers, vendors and outside auditors

ADDITIONAL EXPERIENCE

Delta Funding Corporation, Woodbury, NY Tax Manager/Director (3.5 years)
Continental Grain Company, New York, NY Tax Associate/Senior/Manager (12 years)
NYC Department of Finance, Brooklyn, NY Tax Auditor/Senior Tax Auditor (2 years)


Education
MBA Baruch College, CUNY
Major: Taxation
Baruch Fellowship, Mayors Scholarship

BS Brooklyn College, CUNY
Major: Accounting & Computers
Summa Cum Laude, Alpha Sigma Lambda, Deans List
Editor-in-Chief and Business Manager of Night Call

Affiliations: AICPA

Tools
Microsoft Office Suite (Excel, Word) CCH Profx
One Source FAS 109 and FIN 48 Checkpoint
PeopleSoft OutlookSoft
Insource Express ProSeries
AACTS JD Edwards
Quickbooks BNA


SKILLS
Creative, innovative thinker
Embraces and influences change
Effective manager and team player
Juggles multiple tasks and priorities efficiently