Dakota Carrier Network (DCN) has hired Adam Simmonds as its new chief financial officer (CFO).
Simmonds, a certified public accountant, brings an accomplished background to DCN. For more than a decade, he has served in finance-related leadership roles at construction companies in North Dakota and Illinois, and most recently as client accounting and advisory services office leader/controller at CliftonLarsonAllen, the eighth-largest accountancy firm in the United States.
At DCN, the CFO is an integral part of the executive team, accountable for a comprehensive set of financial responsibilities. The CFO establishes and maintains the company’s financial policies and procedures, providing operational and administrative direction for accounting, budgeting, purchasing, billing, collections, and cash management. As CFO, Simmonds is also responsible for ensuring soundness of the company’s financial structure and managing DCN’s relationships with financial institutions and governmental agencies. He is based out of corporate headquarters in Fargo.
Simmonds earned a bachelor’s degree in accounting and finance from Minnesota State University Moorhead and has CPA licenses in North Dakota, Illinois, and Utah. He is a member of the American Institute of CPAs®.
“We’re excited to bring Adam back to North Dakota to be on the DCN team,” said DCN CEO Seth Arndorfer. “Our industry requires more and more detailed reporting, particularly in federal programs, and Adam’s background in finance and leadership will serve DCN and our Owner companies well as we move forward.”