Cheryl R. Olson

CPA, CGMA | Software Operations and Not-for-Profit Solutions Strategist

About

Watching every single film that’s been nominated for Best Picture takes some kind of commitment, and it comes as no surprise to us that Cheryl has that type of commitment – in spades.

For more than 25 years, Cheryl has dedicated her career to the not-for-profit sector as a volunteer, consultant, Assistant Executive Director, CFO, auditor and tax accountant. She frequently shares her knowledge as an advisor, writer and presenter. Cheryl is a member of the AICPA Not-for-Profit Advisory Council, which helped launch the AICPA NFP Member Section.

Cheryl also manages the operations of the firm’s software solutions team. She assists both for-profit and not-for-profit companies identify if it’s the right time to change technology and, if so, what the core functionality that is needed holistically. This includes looking at the people and processes that will drive technology decisions. Cheryl collaborates with the firm’s IT Services Team.

Cheryl’s personal mission is to help organizations find the best possible outcomes to whatever financial and operational challenges they face. And with her demonstrated tenacity, we think any organization that works with her will find an outcome that’s more along the lines of The Sound of Music than The Titanic.

Practice Emphasis

  • Software system functional needs assessments and gap analysis
  • Software sales and implementation project management support, including Sage Intacct Financial Management and MIP Fund Accounting
  • Advising in management issues related to organizational structure, transitions, staff development, aligning business and IT strategies and culture
  • Assessment of not-for-profit governance practices, as well as providing needed training

Proven Results

  • Led and participated in organizational assessments, which provided management with guidance in governance, operations, reporting, finance, compliance, and technology. This led to documenting a desired future state roadmap, role clarity to accomplish organizational change, and process optimization while appropriately managing risk for improvements.
  • Designed and delivered three online AICPA courses for certification in Budgeting, Ethics, and Aligning Mission and Strategy to provide guidance in implementing or enhancing organizational practices.
  • Led and participated in Software System Functional Needs Assessments and Gap Analysis projects which included many components, such as accounting/ERP, Point-of-Sale, Payroll and HRIS, Membership, and CRM. Findings reports from these projects provided options for making directional decisions regarding whether to keep an existing software system, make changes to the system, or implement a new system.
  • Led and participated in project managing RFP and RFI processes and software vendor demonstrations and selection processes. This work freed up staff time to focus on finding the right fit for their organization and kept the project on track on the planned timeline.

Education

  • University of the Pacific, B.S. in Business and Public Administration, Accounting Concentration

Activities

  • American Institute of Certified Public Accountants, Member and Not-for-Profit Advisory Council Volunteer
  • Oregon Society of Certified Public Accountants, Member and Not-for-Profit Committee Volunteer
  • Washington Society of Certified Public Accountants, Member
  • Girl Scouts of Oregon and Southwest Washington, Finance Committee Member
  • University of the Pacific, Portland Metro Alumni Group, Member and Co-founder

My Life by the Numbers

1

Son, Zack, with husband, Aaron

3

Continents traveled to

23

Years of watching every film nominated in the Academy Awards' Best Picture category

41

States visited in the U.S.