2013 Outstanding CPA in Government Impact Award Winner, Local Level: Alfredo Riverol, CPA 


    Alfredo Riverol is a highly conscientious public servant with a collaborative but fiscally responsible attitude in the use of public funds. He holds two Master Degrees; Master of Public Administration (2000) & a Master of Science in Taxation (2003) both from Florida International University (FIU) and is a lifetime member of the FIU Alumni Association. Additionally Mr. Riverol is a Certified Public Accountant and licensed in the State of Florida. Mr. Riverol’s other credentials include Certified Government Financial Manager, Certified Global Management Accountant, and Certified Forensic Accountant.

    Alfredo Riverol began his career in local government at the City of North Miami Beach, Florida and within five short years while taking higher positions within the organization, rose to ultimately become Assistant City Manager. Mr. Riverol continued his professional career by accepting the Assistant Village Manager position for the Village of Pinecrest, Florida and continuing to serve local government.

    Furthermore, Mr. Riverol had the distinguished pleasure to become a chartered member for the City of Homestead as its appointed Internal Auditor. After a short while, Mr. Riverol went on to become full-time at his own successful CPA firm, However, Mr. Riverol quickly realized that his true passion was in government as a public servant. His quest for a new challenge in government would soon be over.

    In 2010, Mr. Riverol was selected as the Chief Financial Officer at the City of South Miami at a time when the City was in a state of financial uncertainty and in the process of an investigation by the IRS and SEC for the issuance of tax-exempt bonds in 2002 and 2006. Furthermore, the city’s Comprehensive Annual Financial Report (CAFR) had 13 reported findings, of which four were considered material misstatements and significant. During Mr. Riverol’s three years tenure with the City, the IRS and SEC issues were both resolved and the City’s latest CAFR had zero findings; which was the first time in the city’s most recent history, which Alfredo played a key role. Further, during the nationwide economic downturn, Mr. Riverol was instrumental in the reduction of the City’s millage rate for three consecutive years, to a taxable percentage which is the lowest level in the City’s most recent history.

    Furthermore, under Mr. Riverol, the City of South Miami produced the first ever Popular Annual Financial Report (PAFR) which summarizes the essential information contained in the City’s lengthy Comprehensive Annual Financial Report (CAFR) and is produced specifically for non-financial readers. Due to that new report, the Government Finance Officers Association of the United States and Canada (GFOA) provided the City, with the first ever, Award for Outstanding Achievement in Popular Annual Financial Reporting. The Award for Outstanding Achievement in Popular Annual Financial Reporting is a prestigious national award recognizing conformance with the highest standards for preparation of state and local government popular reports. Moreover, in Mr. Riverol’s first year as Chief Financial Officer, he completely revamped the City’s budget process with the intent to produce a budget document which would serve to be an operations guide, a financial plan, and a communications device. These dramatic improvements were honored by the GFOA by presenting the Distinguished Budget Presentation Award to the City of South Miami, for the first time ever. Lastly, the City continues to receive the Certification of Achievement for Excellence in Financial Reporting for the City produced CAFR. The accomplishment of receiving all three GFOA awards makes the
    City of South Miami one of only 16 local governments within the State of Florida out of approximately 1600 Florida local governments.

    While Mr. Riverol is committed to local government, he is also committed to community service. Alfredo is a past president of the Kiwanis of North Miami Beach-Sunny Isles and received the Kiwanis International President's Award. He is also a past member of the Kids And the Power of Work (KAPOW) program which helps teach young local students about work and the different careers.

    Alfredo Riverol’s contributions to the CPA profession includes being an active member and participant to multiple organizations; American Institute of Certified Public Accountants, Florida Institute of Certified Public Accountants, Government Finance Officers Association, Florida Government Finance Officers Association, S. FL Govt. Finance Officers and City Clerks Association, Association of Government Accountants, and American College of Forensic Examiners Institute. He is currently pursuing an Associate Faculty position at the University of Phoenix teaching Accounting to the professionals of tomorrow.

    Mr. Riverol is married to Lucrecia Riverol and is blessed to have three beautiful children; Daniel, Gabriela, and Olivia.

    Alfredo’s belief in government and his dedication to public service is admirable. His ethics and moral being stands to be a model for anyone who aspires to serve the public in a government position capacity and as a professional in the outstanding accounting field.

     




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