Timothy G. Raab is a Senior Managing Director at Ankura Consulting Group based in Washington, DC. He has more than 16 years of experience as a tax and financial accounting professional. At Ankura, Mr. Raab focuses on providing outsourced CFO services to several special-purpose corporations and has significant experience developing and launching financial reporting systems, evaluating uncertain tax positions, preparing tax provisions, monitoring and interpreting changes in relevant tax law, budgeting, preparing clients for financial statement audits, establishing compliance and internal control environments, managing treasury functions, and monitoring investments and investment managers.
Mr. Raab also has experience providing expert witness services to attorneys and businesses involved in complex tax and financial related litigation. He was recently retained as an expert financial advisor tasked with rendering an opinion on the solvency of a government contracting business and preparing an analysis of transactions relevant to potential preference and fraudulent transfer actions. In addition, Mr. Raab was retained to analyze the tax consequences of a large business combination within the mortgage-backed securities industry and prepare a report on tax-free reorganizations and the utilization of deferred tax assets in the context of an acquisition.
Before joining Ankura Consulting Group, Mr. Raab worked at BEA Systems (acquired by Oracle) as a Finance Manager in the Federal Sector responsible for ensuring that all software sales were executed in accordance with revenue recognition principles. He built macro based models to evaluate the profitability of pricing structures involving the combination of license sales, professional services, and maintenance. He also worked closely with counsel drafting software maintenance and professional services contracts, supported the sales team with pricing options, and reported directly to the executive staff regarding sales projections.
Prior to BEA Systems, Mr. Raab worked at Computer Sciences Corporation (“CSC”) as a technical consultant supporting several contracts with the Department of Education. He was primarily responsible for building complex macro based financial model to assist the department with measuring performance. Before that Mr. Raab was an accountant in CSC’s Federal Sector Group responsible for handling AP and AR functions, monthly closing entries, preparing fixed asset and depreciation schedules, preparing quarterly tax provisions, and building macro based models to automate the calculation and reporting of certain financial performance metrics.