JAY R. MEGLICH CPA

Jay is a shareholder of Schneider Downs with expeirence in public accounting since 1986. Jay provides audit and advisory services to a variety of businesses.  He chairs the Columbus Not-for-Profit Services Industry Group and is a member of the Construction and Real Estate Industry Groups. His specialized services include: financial and compliance audits and reviews of for-profit and tax-exempt organizations in the construction, real estate, manufacturing and social services industries.

Professional and Community Involvement

Member – The American Institute of Certified Public Accountants and the Ohio Society of Certified Public Accountants

Member – Ohio Oil and Gas Association

Chair – Ohio Oil and Gas Association, Audit Committee

Member – Ohio Dominican University Accounting Board of Advisors

Member – Lifecare Alliance Board

Member – Construction Financial Management Association

Member – NAIOP

Member – Builders Exchange of Central Ohio

Member – Ohio Association of Nonprofit Organizations

Member – Ohio Contractor’s Association, Dues, Audit and Finance Committee

Member – YMCA of Central Ohio, Audit Committee

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Do you have a hobby or personal passion?
Canoeing in the wilderness and craft beer brewing

Who was your role model?
My father and mother-in-law both greatly impacted my views on how to live life and treat other people.

What was your childhood dream?
Own a fishing lodge on a remote Canadian lake.

People would be surprised to know that I…….
Took a week-long canoe trip in the wilderness by myself.

What was your first job?
Working on a line in a factory that produced boat rollers and other rubber products. It was hot, physical work that convinced me that I was much better suited for a professional career.

Do you have a “motto?”
Everybody has something valuable to contribute.

Do you have advice for young professionals?
Take charge of your career.

Our Thoughts On

FEATURED

Big Problem: A Limited Employee Benefit Plan.


Big Thinking: Increased Contributions And Employee Retention.

Shareholder JOE BRUCE has more than 21 years of public accounting experience since joining Schneider Downs in 1996. He has expertise with a variety of clients including construction, manufacturing, retail, oil and gas industries, and employee benefit plans.
One of Joe’s clients had a successful business and was interested in contributing more to their retirement accounts. However, the client was limited by the existing employee benefit plan structure and IRS contribution limitations on their existing structure. Joe’s team was familiar with the structure of their existing plan and offered to do an analysis of their options. “The Schneider Downs Retirement Plan Solutions Group suggested a cash balance plan and provided an analysis to the business owners which quantified the impact and provided options to allow the client to evaluate the direction they were most comfortable moving forward with.” Bruce said. “The client elected to adopt the cash balance plan and was able to significantly increase contributions into the owners’ retirement accounts. This also enhanced the quality of the retirement benefits for their employees, which in turn helped improve employee retention.” Schneider Downs provides Big Thinking and Personal Focus in delivering a variety of services for large and small businesses, both publicly and privately held, as well as nonprofit organizations, government entities and more. Through our commitment to thought leadership and knowledge management, we deliver the solutions our clients need with a personal commitment to service.

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