Pamela is a Director of Costpoint Consulting and leads our Costpoint Consulting Team. She has worked with Deltek accounting systems for 25 years, both as a consultant and as user at government contractors. She has experience and expertise in multiple areas from general accounting, cost accounting, financial analysis, accounting system implementations and internal control auditing. She has worked with all types of companies from small service companies, mid-sized manufacturers, to multi-division large corporations. Professional Experience Pamela began her career as a cost analyst using Deltek System I, the precursor to Deltek Costpoint. During her career she has held a number of positions with mid-size and large government contractors working with varied agencies including DoD, NASA and DoE. During her tenure in industry she has served on multiple Costpoint implementations, reimplementation and reorganization projects. Her diverse experience with utilizing the Costpoint product in a variety of settings from commercial manufacturing to service contractors offers our clients a unique perspective on the best practice implementation approach. Her knowledge and guidance of the setup and end user experience helps to ensure our clients receive a fully configured system that not just meets their current needs, but will also allow them the room to grow with the Costpoint system in the future. In addition to Pamela’s extensive knowledge of the Costpoint product, she also has a diverse background in U.S. Government compliance matters, to include Sarbanes-Oxley. During her tenure with industry Pamela served as the Director of Internal Audit for a large government contractor based in Fort Rucker, AL. In this position she established the company’s initial Sarbanes-Oxley management testing and reporting processes, as well as the developing the initial documentation requirements. She was responsible for the completion of all annual and quarterly management testing requirements and for the successful remediation of any findings. She was further responsible for supporting all financial, DCAA and other governmental audit objectives. Pamela has had a number of Costpoint implementation successes. She has worked with several companies to implement or re-implement Costpoint, improve government accounting processes and perform all bookkeeping requirements. For one client, which specialized in aircraft maintenance and assisting the military with aviation practice scenarios, in Newport News, VA, Pamela assisted the company with a complete Costpoint re-implementation and then assisted the company with the new government requirements associated with becoming a CAS covered contractor. For another client, at Fort Rucker, Alabama, she helped the company move from an antiquated mainframe system to fully implement their Costpoint system, including using the purchasing, billing, timekeeping, payroll and reporting processes. Most recently she has been the implementation team lead, tasked with establishing a fully-compliant government cost accounting system utilizing Deltek Costpoint for a newly-created subsidiary of a very large commercial organization. As part of this process it has been necessary for Pamela to not only design and configure the system, but also educate the end users on the government compliance aspects of their functions.
The Costpoint team at Redstone GCI recently concluded a great event with Deltek, during which DCAA representatives gave a great keynote session on Accounting System Requirements (or SF1408), which was followed by another informative session by our group on how Costpoint meets those requirements. With this article, I wanted to review some of the key points from both presentations for those who missed the event. Now, I will warn you that this is written for those new to the idea of an approved accounting system and its associated requirements. It is not written for the hard-core government accounting system veteran. I will not cover every aspect or criteria related to the standard accounting system audit; instead, I will try to find a somewhat entertaining way to talk about accounting systems and the SF1408 requirements, in particular.
