Walter Raleigh Statue

Meg Sollod

,

CPA, CITP, CGMA

Partner

Meg Sollod is an innovative financial executive with a 30-year proven track record of utilizing financial strategies, system expertise, and accounting management to drive business growth. Ms. Sollod’s leadership experience ranges from the hands-on detail required to standup first-year organizations in venture backed environments to the big picture C-suite management of multi-million dollar publicly traded organizations. She is highly proficient in spearheading strategic enhancements, such as standardization and automation, to boost operational effectiveness and reduce costs. Her CFO skills were forged during times of exceptional business growth, both organic and by acquisition, in numerous companies. Along with her financial expertise, Meg has also successfully managed IT, HR, Purchasing, Contracts/Legal, Bid and Proposal, Safety and Facility departments. She is a forward-thinking leader and analytical decision maker, whose business acumen contributes to a company’s repeatable success.

A licensed CPA in North Carolina, Ms. Sollod also holds a Chartered Global Management Accountant (CGMA) certification, and a Certified IT Professional (CITP) certification, both granted by the American Institute of Certified Public Accountants, as well as a Master’s Certificate in Information Systems and Technology Project Management from Villanova University.

Ms. Sollod has acquired crucial skills from her experience with the following:

  • Communication and education
  • Leadership
  • Strategic planning and management
  • Accounting and Financial management
  • Reporting – GAAP, external, operations, KPIs
  • Budgeting and forecasting
  • Risk mitigation
  • International – multi currency/multi company
  • IT strategic planning and management
  • Systems implementations
  • Project management
  • Continuous process improvement
  • Treasury/Banking services

Ms. Sollod has a deep level of experience in manufacturing, governmental contracting, retail, professional services, utilities, and not for profit organizations.

A native of Virginia, Meg attended Averett University in Danville, VA, where she earned a Bachelor of Science Degree in Business Administration, majoring in accounting. Then she attended the University of North Carolina at Chapel Hill where she earned a Master of Business Administration. Although a number of her employers have been international, her entire professional career has been in North Carolina. She has served as a member of the NCACPA and taught CPE Classes over the years. She received the NCACPA’s award for Best First Year Speaker as elected by the CPE Students. She is also a member of the AICPA and The Fraud Auditors Association. Beyond the professional realm, Meg has served as a volunteer for March of Dimes as well as the United Way where she has received distinguishing awards from her service with both.

Career Timeline

  • Joined Rankin McKenzie as Partner in 2024.
  • 2018 to 2024: Chief Financial Officer / VP of International Finance and Accounting for Quanta Technology, LLC. Fast growing $100M International Engineering Consulting Firm operating in the Electric Utility space, owned by 19B Publicly owned Quanta Services Company. Oversaw strategic financial guidance and initiatives and all finance, accounting, and IT operations for US, Ecuador, Canada, and UK company entities. Managed all contract reviews, HR, payroll, IT, established new manufacturing spinoff company, Innoversa Mobile Solutions (IMS), in Canada and US, with Canada location acting as manufacturing arm of company for mobile energy storage and charging equipment, leading to new revenue stream for Canada of $8M within first year, in lease and direct sales, with additional new revenue stream for US sister company of $2M in 2024. Innoversa Mobile Solutions (IMS), in Canada and US, with Canada location acting as manufacturing arm of company for mobile energy storage and charging equipment, leading to new revenue stream for Canada of $8M within first year, in lease and direct sales, with additional new revenue stream for US sister company of $2M in 2024.
  • 2018 to 2018: Operations Finance Director (3-month contract) for Revlon Inc. Oxford NC plant is single largest producer of Revlon Product internationally. Led special issue resolution projects related to the simultaneous implementation of new SAP and Hyperion systems. Resolution resulted in a reductions of $50M in expense to US, Puerto Rico, Mexico, Canada, and European inventory movements and storage during 2018.
  • 2015 to 2018: Senior Corporate Controller for Lucor Inc. Highest ranking accounting person in organization, largest privately-owned retail franchisee organization on the east coast. Owned eight Jiffy Lube companies in six states, supporting 160 store locations, over $100M in annual Sales and 1500 Employees. Managed all close, reporting, banking, store-audit. inventory, taxes and payroll, M&A and new store integration processes.
  • 2010 to 2015: Controller / Director of Finance for IEM, a governmental contractor for federal, state, and local governments, supplier of disaster recovery planning & response resources, consulting, IT sector software development and support. Managed all close, budget, and forecast processes. Led financial presentation during monthly and quarterly leadership meetings, successes, and opportunities, highlighting points of concern, KPIs, profitability analysis, and updates to budget. Implemented a number of new systems including Concur.
  • 2008 to 2010: Corporate Controller for L&M Companies, international Agricultural wholesaler and retailer, Over $400M in Rev; Responsibilities include Month End Close operations, Sales analysis, Financial Reporting, Risk Management, Ins for Partner farmers, Liaison for Bank and Audit relationships. Implementing new ERP system to support Sales, Warehouse Management and Accounting.
  • 2003 to 2008: RTI International:
    • 2007 to 2008 Business Unit Controller/Financial Partner for RTI’s Health Sciences – Proteomics and Organic and Medicinal Chemistry groups. Analyzed monthly contracts, recommended strategic direction for several new partnership agreements with Duke. Responsible for all ROI Investments, Planning, Project reviews; quarterly Organizational earnings presentation to HS Ops VP.
    • 2003-2006 ITS Project Director. Project managed RTI’s strategic financial systems re-engineering and re-implementation of Costpoint System. 2 years, $3.3 million project went live on time and within budget.
  • 1996 to 2003: Qualex Inc. wholly owned subsidiary of Eastman Kodak, at peak revenue averaged $600M.
  • 2000 to 2003 Assistant Controller On-Site Operations, managed nationwide team to complete $3M+ process and software change project.
    • 1996 to 1999 Manager Financial Planning & Systems Design Application Created model and managed programmers to build Cash register system that matched real time production with daily sales and inventory data. Enabled accurate budgeting, financial modeling, financial analysis and systems reporting for turnkey business segment – $230M
  • 1995 to 1996: Controller for The BODY SHOP Inc: Completed late SAP systems implementation and uncovered $43k fraud in NY store
  • 1988 to 1995: Assistant Director of Finance for Public Works Commission of Fayetteville, NC – All employees in Accounting Dept reported to me; 12 direct reports and 130 indirect; including IT, Estimating dept, and cashiers and billers.
  • 1984 to 1988: Black & Decker of Fayetteville, NC
    • 1986 to 1988 Facility Accounting Manager (3 plants inside one facility)
    • 1984 to 1986 Cost Accounting Manager for Sawblade plant
  • 1982 to 1984: AP Corporate Accounting Manager – Texfi Industries, Rocky Mount NC
  • 1979 to 1981: Cost Accountant/Accounting Manager – Carolina Parachute Corporation, Roxboro, NC Moved company off green bar paper and manual check book to Accounting system build for IBM systems 34.

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