Charles T Toomey
About Charles T Toomey
Charles T. Toomey serves as the Global Vice President Finance & Accounting Controller at Scientific Games, where he has worked since 2016. He has extensive experience in finance and accounting, having held various leadership roles at companies such as KPMG, Airgas, and Cardlytics.
Current Role at Scientific Games
Charles T Toomey serves as the Global Vice President Finance & Accounting Controller at Scientific Games, a position he has held since 2016. In this role, he oversees financial operations and reporting, ensuring compliance with accounting standards and enhancing financial processes. His responsibilities include leading financial strategy and managing the finance team to support the company's objectives. Toomey has contributed to the development of month and quarter-end close book reports and analytics, establishing practices that were previously absent.
Previous Experience in Finance and Accounting
Toomey has extensive experience in finance and accounting, having held various senior positions prior to his current role. He worked at Cardlytics, Inc. as Vice President of Finance & Accounting from 2012 to 2016, where he developed a risks and opportunities schedule to improve forecasting. Before that, he served as Divisional Chief Financial Officer at Airgas from 2000 to 2012. His earlier roles include Assistant Controller/Audit Supervisor at Springs Global US, Inc. and Director of Operational Finance/Divisional Controller at Pameco Corporation.
Auditing Background at KPMG
Before transitioning into corporate finance, Toomey worked at KPMG US as a Supervising Senior Auditor from 1992 to 1996. In this capacity, he gained valuable experience in auditing and financial reporting. His tenure at KPMG provided a strong foundation in accounting principles and practices, which he has applied throughout his career in various financial leadership roles.
Education and Academic Credentials
Toomey earned a Masters in Accounting from the University of North Carolina at Chapel Hill, where he studied from 1987 to 1992. His academic background in accounting has equipped him with the necessary skills and knowledge to excel in finance and accounting roles across multiple organizations.
Key Achievements in Financial Reporting
Throughout his career, Toomey has achieved significant improvements in financial reporting processes. Notably, he successfully reduced the monthly close cycle from 11 days to 5 days, enhancing efficiency in financial operations. He also played a key role in implementing ASC606 for the Lottery division at Scientific Games, which involved substantial changes to the revenue cycle and required system adjustments across various business lines.