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NEW WG Consulting_Ramsey Womack

Professional Profile

Ramsey serves as a Managing Director at WG Consulting. He is a CPA with over 17 years of experience in financial accounting and reporting. He has in-depth knowledge of US GAAP as well as GAAS. He provides specialized support in the areas of financial reporting, audit preparation, business combinations, equity transactions, consolidations, and accounting research. Ramsey recently served as the President of the Houston CPA Society (TXCPA Houston) and is chair of Texas Society of CPAs (TXCPA) Professional Standards Committee Accounting Standards Sub-Committee. In addition, Ramsey serves as a member on the American Institute of CPAs (AICPA) Council, TXCPA Board of Directors and TXCPA Houston Board of Directors.


Representative Experience

  • Served as an Interim Controller for a newly formed midstream company providing salt dome cavern storage for crude oil with infrastructure connectivity.
  • While serving as an Interim Controller for a chemical manufacturing client, successfully renegotiated the line of credit with a new lender and established an equipment line. Redesigned the inventory cost accounting procedures and transformed the financial reporting resulting in reducing the close process from 40 to 10 business days. Designed and implemented improved the internal controls which led to an 85% reduction in audit adjustments.
  • Served as financial reporting consultant for public oil & gas companies preparing their 10Q & 10K filings, accounting for complex transactions, and coordinating the audit process.
  • Consulted with a water management and pipeline transportation company assisting with purchase price accounting, equity transaction accounting, and operational accounting issues.
  • Served clients as Engagement Partner in various industries including Oil Field Services, Manufacturing, Distribution, Construction, and Professional Services.
  • Directed, trained, and managed multiple engagement teams in performing financial statement audits utilizing risk-based audit methodology.
  • Planned and executed client engagements including budgeting, scheduling and staffing of personnel with the goal of maximizing effectiveness and efficiencies of staff workloads.
  • Served as recruiter for the audit practice, with responsibility for interviewing and hiring the highest caliber staff as well as mentor, train and evaluate staff to drive employee job satisfaction and maximize performance on an annual basis.
  • Assisted clients in preparation for due diligence procedures which led to the successful sale of the businesses.