Matt Grossman Joins Cherry Bekaert as Director of Finance & Accounting
Cherry Bekaert LLP (“the Firm”), one of the largest accounting firms in the country, is excited to welcome Matthew “Matt” Grossman as the Director of Finance & Accounting. This newly established position will be located at the Firm’s headquarters in Richmond, Virginia.
Reporting directly to Chief Administrative Officer Paul D. Fedorkowicz, Grossman will take the lead in setting and managing Cherry Bekaert’s annual budget and financial performance. He will be responsible for developing long-range financial planning, forecasting and modeling, conducting project-based financial analysis, and managing banking relationships. Grossman will also provide merger and acquisition support.
“We anticipate Matt to provide strategic oversight and coordination with the Firm’s service line leaders for their annual budgeting and budget variance analysis, as well as partner with them to improve processes and support other financial related initiatives. We will phase other responsibilities to him after the planned retirement of our CFO occurs,” said Fedorkowicz. “In addition, Matt’s expertise in corporate development and strategic planning will help identify Firm growth opportunities, and better prepare us for changes in the market. We’re thrilled to have him with our Firm.”
Grossman possesses a strong record of providing leadership to numerous companies. With nearly 25 years of finance experience, he has expertise in the consolidation of multiple business units, reorganization initiatives, increasing profitability, improving finance processes, developing financial models and conducting industry research. In addition, Grossman has led or supervised the execution of mergers and acquisitions with transaction values ranging from $10 million to over $1 billion, and created acquisition and integration playbooks.
Prior to joining the Firm, Grossman spent eight years at MeadWestvaco in Richmond, Virginia. His positions included serving as the company’s head of corporate development and becoming chief financial officer of MeadWestvaco’s home, health and beauty segment. After MeadWestvaco merged with RockTenn in 2015 to form WestRock, Matt became the vice president of finance for the newly created Consumer Paperboard Mills division.
Grossman earned a Bachelor of Arts in Economics of the University of Virginia, and received his MBA in Finance with Distinction from the Wharton School at the University of Pennsylvania. He is also the president of the Association for Corporate Growth’s Richmond chapter.