BENTZION WECHSLER JOINS CFO SQUAD’S ISRAEL OFFICE AS SENIOR MANAGER
NEW YORK, N.Y. – (October 11th, 2021) CFO Squad, a premier provider of outsourced CFO and financial consulting services to both private and public companies, is pleased to announce that Bentzion Wechsler, CPA, has joined the firm as a Senior Manager in its recently opened Israel office.
Bentzion brings to his new role over sixteen years of experience in auditing, tax reporting, budgeting, and financial management. While at KPMG Israel, Mr. Wechsler assisted his clients with the IPO (U.S.) audit preparation process and supervised company financial statement audits and reviews for both public and private companies.
In his most recent position, as Global Corporate Controller at an international corporation, he led the global accounting team in several countries, including Israel, the United States, China, the United Kingdom, and South Africa. There, Bentzion was responsible for all consolidated financial statements and global audits—and for ensuring U.S. GAAP compliance with regard to revenue recognition for software, hardware and for construction projects.
“I am fortunate to join CFO Squad during this time of CFO Squad’s robust expansion,” Mr. Wechsler commented. “Israel is known as ‘The Startup Nation’—which means there is an extraordinary opportunity for us to serve companies that want to streamline their financial reporting and compliance functions without the cost of staffing internal accounting departments. Working with CFO Squad has allowed me to use my technical accounting skills to assist clients by addressing their complex accounting issues and implementing the correct accounting treatment for their financial statement presentation.”
According to Joseph Himy, Managing Director of CFO Squad, “Bringing Bentzion on board is a critical step in developing our Israeli presence and our plans for expansion. We are now fully prepared to provide Israeli and European companies going public in the USA with the full spectrum of our cost-effective financial business services, including:
- Audit preparation & SEC reporting;
- Technical accounting;
- Accounting automation;
- Outsourced back-office accounting services:
- Financial modeling & investor presentations;
- SPAC transactions & M&A; and
- Tax planning & compliance.”
“Bentzion Wechsler has deep technical accounting knowledge, strong public accounting experience and expertise in many areas including IPO preparation, global team leadership skills, and in-depth knowledge of both U.S. and Israeli GAAP standards and Israeli corporate tax returns. We believe that his addition to our team will positively impact our current and future clients on many levels—and we are delighted to have him.”
Mr. Wechsler said, “The CFO Squad team is a highly skilled group of people, working together with their individual strengths and knowledge base, providing a wide variety of services that can help companies of all sizes grow and meet all of their financial reporting and record keeping requirements. Companies can focus on improving their core business, allocating industry talents and resources to reach their goals, while CFO Squad can cover much of the finance portion of running the company. I am looking forward to being part of the CFO Squad.”
CFO Squad provides its clients with access to financial reporting experts at an affordable price and is aligned with today’s trend of reducing or averting the cost burden of having a large internal back-office accounting department. In addition to financial oversight and meeting their regulatory requirements, clients rely on CFO Squad to help them through the capital raising process, support complex business transactions such as mergers or acquisitions (M&A), navigate initial public offering (IPO) and SEC filings, or uplisting from the OTC markets to Tier 1 exchanges like the Nasdaq.
ABOUT THE CFO SQUAD
The CFO Squad is an accounting consulting firm that specializes in financial reporting, technical accounting research and CFO advisory services for companies of various sizes and industries. From complex technical accounting transactions to periodic financial reporting, our professionals can offer an organization the specialized expertise and multilayered skill sets to ensure their accounting projects are completed timely and accurately. The CFO Squad provides tax compliance & advisory services for its clients and can provide a full suite of Outsourced Accounting Services. To learn more, please visit: https://www.cfosquad.com or call us at 845-613-3394.
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Joseph Himy, CPA
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