Jim Caruso CPA, CGMA

Jim Caruso is a purpose-driven CFO, passionate about taking businesses to the next level and fulfilling their missions with strategic financial insight and financial management discipline. Since 2016, Jim has been CFO of Simplura Health Group, a private equity backed, multi-state home care services provider, where he is responsible for financial reporting, tax, treasury, risk management, information technology, lender and investor relations, and day-to-day financial operations across all subsidiaries, as well as for M&A diligence workstreams and integration. Prior to joining Simplura, Jim served as lead partner of the Finance & Accounting Outsourcing (FAO) group for the PA/NJ market of RSM US LLP. Jim assumed leadership of this then-fledgling FAO practice upon joining a regional Philadelphia CPA firm in late 2005, which was merged into RSM on January 1, 2015. At the regional firm, Jim also led its Transaction Advisory Services (TAS) practice. Jim oversaw all aspects of both the FAO and TAS service lines, including business development and day-to-day management, while acting as part-time CFO for various clients and leading financial due diligence on more than 70 acquisitions. Previously, Jim was EVP/CFO of a private equity-backed manufacturing company, held financial management roles in operating units of two Fortune 500 companies, was a management consultant in a boutique firm specializing in process improvement and ERP implementations, and worked for Deloitte in two separate stints in both auditing and management consulting roles. Jim has a BA in accounting from Queens College of the City University of New York. He is a CPA in NY and in PA, and a CGMA. Jim has authored numerous articles for the PA CPA Journal and sits on its Editorial Board. Jim is a frequent speaker/panelist and was an adjunct professor of accounting in an executive MBA program at Philadelphia University from 2014 to 2017. He lives in the Philadelphia area with his wife and three children. Jim is a student of Brazilian jiu jitsu and is a self-described "weather geek" that has chased tornados in the Great Plains annually for the past 20 years.