August 05, 2010

Bradley W. Fralic Named University Controller

Interim since fall, Fralic quickly improved processes, accuracy and timeliness
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Bradley W. Fralic
Photo: Susan Griffith

President Barbara R. Snyder announced today that she had appointed Bradley W. Fralic as Case Western Reserve’s permanent Controller. An experienced financial administrator and Certified Public Accountant, Fralic had served as interim Controller since October.

“From his first days here, Brad has distinguished himself as a highly professional, effective and strategic leader,” President Snyder said. “He already has made significant progress in the office, and I look forward to even greater gains in the future.”

Fralic came to the university from Skoda Minotti, a Northeast Ohio firm that provides accounting, consulting, tax and other services to organizations and individuals. He also has worked with KPMG, where he advised Chief Financial Officers, and spent a dozen years at Deloitte & Touche, where he consulted with a broad range of public and private entities nationwide. Fralic also has taught graduate-level courses on financial management and accounting at Kent State and Cleveland State universities. He earned a Masters Degree in Accountancy from Case Western Reserve in 1991.

“Brad’s breadth of experience makes him particularly well suited to step into this critical role,” said John F. Sideras, Senior Vice President and Chief Financial Officer. “He knows the most current best practices and understands the elements involved in implementing them across the organization.”

The Controller functions as the university’s chief accounting officer, tracking daily operations involving spending, income, payroll and other functions. The individual also prepares regular financial reports for both internal and external audiences, and ensures the university complies with state and federal financial regulations.

Over the past several months, Fralic and his staff have enhanced and streamlined accounting processes, continued implementation of an online reconciliation tool and reduced the time required to complete major quarterly reports by more than 50 percent. Fralic said he plans to work with his staff to continue to improve accuracy, timeliness and relevance of information provided to campus constituents.

“I am proud of the progress we have made together over the past several months,” Fralic said, “and grateful for the opportunity to build on that momentum.”

Posted by: Kimyette Finley, August 5, 2010 09:27 AM | News Topics: Administration, Alumnet, Alumni, Appointments, Staff, news

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