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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
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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
Professional Liability (compressed)

Feb
10th
Defining a Robust Directors and Officers Insurance Policy

Last September’s “Yates Memo,” issued by the Department of Justice – spurred in part by the financial sector’s culpability for the Recession – intended to send a message of watchfulness to our country’s collective C-suite: you are not immune from criminal prosecution and civil sanctions.

Starting a family (compressed)

Feb
3rd
Insurance Protection to Consider When Starting a Family

In my experience, when people are young and single, they tend to make price-based insurance buying decisions rather than focus on the quality of coverage. Thus, they often end up shopping for insurance online, which can get them standard coverage quickly. However, when they start a family, their circumstances become more complex and their priorities […]

shutterstock_117506374_health_money600with.out.white

Jan
26th
Flex Credits and Opt-out Payments under the ACA

The Internal Revenue Service (IRS) recently issued Notice 2015-87 which provides guidance on several topics under the Affordable Care Act (ACA).  This includes reporting and affordability treatment of employer-provided flex credits, opt-out credits and similar arrangements.

Winter Storm Preparedness

Jan
21st
Winter Storm Protection Tips on the Road and in Your Home

Winter has arrived and for most of the country that means the chance of snow, ice and extreme cold. If The Weather Channel is calling for a blizzard or ice storm in your town, we’ve compiled some helpful tips to help keep you safe and warm. Power outages and blocked roads are common occurrences during […]