PSA Perspective Blog | Contact Us | (800) 677-7887 |

Ray Sweet, MBA, CPA

RaySweet

Chief Financial Officer

Direct Line: 443.798.7497
Toll Free: 800.677.7887
Direct Fax: 443.798.4120
E-Mail: RSweet@psafinancial.com
LinkedIn

Professional Background

Ray Sweet joined PSA as the Chief Financial Officer in May of 2012. An incredibly accomplished and talented business leader, Ray oversees PSA’s finance and accounting teams. Ray is a very resourceful and bottom-line oriented business management executive who brings unique leadership and vision to PSA.

Ray has more than 25 years of domestic and international experience in finance, operations and business management. Prior to PSA, Sweet spent seven years as Vice President and CFO of JPB Enterprises, where he was responsible for all finance functions and founded the company’s outsourcing practice. Other past positions include CFO and Business Manager for Broadcast Sports, Inc., and CEO and CFO for CHEMSPEC, Inc., a multi-national specialty chemical manufacturer. Ray started his career as an auditor for Coopers & Lybrand.

Ray holds an MBA in Finance from Loyola University Maryland and earned his Bachelors degree in Business Administration and Accounting from Towson University.

Ray is a Certified Public Accountant, and is a member of the American Institute of Certified Public Accountants, the Maryland Association of Certified Public Accountants and is a board member of Financial Executives International.

Business/Customer Service Philosophy

“PSA’s mission is to protect and grow the assets of our clients. We do this through a disciplined approach to managing their risk, exceeding their expectations and going above and beyond the traditional suite of services provided by our competitors. It is this true spirit of partnership that sets us apart, that increases the value of our relationships.”

 

Recent Blog Posts
Contractor vs Employee FINAL (compressed)

Aug
24th
Independent Contractor or Employee? (Benefit Minute)

The Department of Labor (DOL) recently issued additional guidance regarding who is an employee under the Fair Labor Standards Act (FLSA).  Administrator’s Interpretation 2015-1 released by the Wage and Hour Division is a continuation of the DOL’s effort to assist employers in understanding who is an employee under the FLSA and to curtail misclassification of […]

deductible options (compressed)

Aug
19th
To Increase or Not to Increase Your Deductible? How to Optimize Your Company’s Insurance Purchase

I often see, especially during annual policy renewals, clients struggling with making a decision whether to increase their insurance deductible. This is a common dilemma that companies of all sizes across all industries face. In this post, I discuss an example, which can help you evaluate whether increasing your deductible would translate to cost savings […]

Homeowners insurance seesaw (compressed)

Aug
12th
Why Homeowners’ Insurance Rates Vary Greatly

Have you ever wondered how your homeowners’ insurance rate is determined? Or why is it possible that your rate can vary so much among carriers when shopping for your policy? There are actually many factors that affect your rate, which I outline below to help you better understand what you can and cannot control to […]

Volunteer (compressed)

Aug
4th
Are Your Volunteers Protected by Your Workers’ Comp or Liability Policy?

Volunteers are an incredible asset to countless organizations and businesses, from schools and non-profits to eldercare centers and hospitals. According to the latest data from the United States Department of Labor, about 62.8 million people volunteered through or for an organization last year. The cost-savings of utilizing volunteers are substantial, adding up to an estimated […]