SUMMARY:

• A strong career of innovative finance, accounting and operations experience, including reporting, business analysis, project management, planning & analysis, developing budgets, forecasts, expense analysis procedures and internal controls resulting in cost reductions and to higher productivity. Exceptional change - agent skills, extensive experience implementing, upgrading and managing operations, accounting and financial reporting information systems, data migration and systems integration. A proven ability to manage & develop staff, enhance process & procedures, training and re-engineering resulting in business efficiencies and overall cost benefits. Strong experience in external and internal reporting in accordance with SEC, FASB, GAAP, Statutory & Regulatory, IFRS and Board reporting and presentations.
• Implemented and chaired Business Process Improvement Teams.
• Member of Sarbanes-Oxley Steering Committee; CoBIT and COSO.
• Supervised multiple platform implementations and upgrades of financial systems, financial reporting software; GAAP and Statutory. Rollout of new budget and forecasting reporting packages, premium and income tax processing applications resulting in reductions of annual expenses through use of Agile/Scrum methodology.
• Implemented budgetary guidelines & expense analysis procedures, improving the expense ratios.
• Implementation of policies and procedures; hiring and training of accounting/finance/operations staff.
• Improved net margin by 15% from 3% to 18% by reducing overall burn rate through automation and training.
• Creation of executive & management reports and executive dashboard analytics utilizing data warehouse, cubes and business intelligence gathering platforms and processes.
• Strategic planning & modeling, merger & acquisition; due diligence & valuation for IPO’s.
• Movement from third-party vendors for SEC & Statutory reporting to in-house operations for control/cost reduction.
• Banking, Auditor & Vendor Relations, Investment Accounting and supervision and analysis.
• Selection and implementation of accounting & reporting systems; reporting procedures, internal and external.
• Creation of or harmonization of general ledger charts of accounts.
• Investment portfolio management, equity analysis for better visual accounting visibility.
• Resolved deficient Risk Based Capital and third party administration billings issues.
• Created new premium evaluation, forecasting and reporting process’s and practices including bordereaux reporting.
• Reduced month and quarter-end close from 22+ days to 2.5 days, including budget analysis as a result of collaboration with information technology, claims, legal, subrogation/salvage, human resources, underwriting managers through integration & enhancement of systems.
• Obtained primary underwriting capital and negotiated repayment contract terms.
• Established payroll and benefits plan and human resources vendor relationships.
• Heavy of financial reporting tools such as FRx, Cognos, Hyperion, MS Reporting and others in conjunction with Excel.
• FP&A for domestic & non-domestic cost centers/divisions; translation from local and IFRS to US GAAP and Statutory.

PROFESSIONAL EXPERIENCE:

Confidential, New York, NY

Financial Planning & Analysis/Reporting Consultant

• Financial report creation and preparation of analytics project to bring financial information from each non-domestic entity by transferring from each entity/country local regulatory reporting to US GAAP and Statutory reporting structure; data mining. Restructuring of Financial Planning & Analysis for non-domestic translation to domestic.
• Design/redesign each countries reports transforming from country local to US Statutory & GAAP reporting.
• Creation of Macros through VBA to enhance routine function for analytics/analysis and reporting tasks.
• Creation of request process for analytics from each entity/country for transfer to corporate financial review.
• Report Authoring and Chart Creation using Cognos10.
• Data Mining and Analysis.

Confidential, Boca Raton, FL

Financial Business Analyst and FP&A Leader

• Year-end financial close and preparation project to bring financial information forward in general ledger system for new fiscal year. Assisting staff to prepare and for tax reporting and bank reconciliation for Receiver and Statutory reporting in a modified environment.
• Provide reporting for Receiver and reconciliation for prior year accounting, audit and tax.
• Bank reconciliation, claim status and surplus review.
• Creation of Macros to assist staff with routine tasks for future data analytic analysis and reporting.

Confidential, Washington, DC

Senior Financial Reporting & FP&A Analyst

• Financial reporting project to bring financial information to senior management and BOD to include GAAP for analysis of performance and Statutory reporting mapping for regulatory performance. Working with internal resources to develop and create mapping from general ledger system to statutory reporting system. Provide better visibility of the health of the company and ease of future acquisitions. Review of company’s process & procedures to align with SOX in preparation for planned IPO.
• Designed new and redesign of existing financial reports and harmonization layout of general ledger.
• Maintain open client communications to obtain approval at each milestone.
• Perform Business Analyst activities for process and procedures; creation of Excel Macros through VBA to automate tasks.
• Assist in preparing estimates and documentation for data warehouse transition; business intelligence and data visualization.

Confidential, Jacksonville, FL

Senior Accounting/Business Analyst

• Worked with Business Process Operations Group on realignment project of organization, primary focus on finance/accounting infrastructure and as related to claims and policy administration systems. Vendor/software selection and restructuring with goal to bring accounting, financial reporting and policy administration processes in-house; currently outsourced. Implement business process improvements, including segregation of duties and remediation and mitigation planning as part of implementation of new general ledger, financial reporting and budget forecasting systems for better cost center control, and finance-related duties to assist in the future growth of the company. Reengineering of GAAP and Statutory reporting and bordereau reports for reinsurance partners and statutory filings.
• Conducted meetings, interviews and JAD/Agile sessions with stakeholders to understand and collect requirements.
• Documented the requirements and upload them to Team Room for tracking and cross verification.
• Worked as a liaison between business and IT teams to convey expectations and provide clarifications on what is needed and what can be achieved from the technology perspective.
• Worked with testers to clarify requirements during disagreements between QA leads and developers on expected end results.
• Used Quality Center for defect reporting and tracking as needed. Ensure the defects are retested and accurately reported Worked with Business Process Operations Group on realignment project of organization, primary focus on finance/accounting infrastructure and as related to claims and policy administration systems.
• Vendor/software selection and restructuring with goal to bring accounting, financial reporting and policy administration processes in-house; that were outsourced. Implement business process improvements, including segregation of duties and remediation and mitigation planning as part of implementation of new general ledger, financial reporting and budget forecasting systems for better cost center control, and finance-related duties to assist in the future growth of the company. Reengineering of GAAP and statutory reporting and bordereau reports for reinsurance partners and statutory filings.

Confidential, Miami, FL

Senior Business Analyst

• Business analyst working on transformation analysis of the Integrated Service Teams to support the BUPA-LA Customer Journey project enhancing customer service process from initial contact with potential insured’s and long-term clients leading to recommended road-map of metrics and best practices ensuring quality of service utilizing the SCRUM method. Overall analysis includes intake underwriting, medical evaluations, policy issuance & changes, claims, complaints, appeals and systematic enhancements.

Confidential, Glen Allen/Richmond, VA

Financial Business Analyst - Subject Matter Expert

• The objective of the project was to improve the efficiency of claims processing engine. Responsibilities included identifying gaps and recommending solutions to fix them. Lead the process methodology of analyzing, developing and gathering technical requirements in an P&C insurance setting. Business Analyst for a business transformation project to support the One Markel - Atlas initiative, a P&C company, primarily bringing all of the insurance financial data held within legacy systems into the financial systems ledger and IBNR review lines and secondarily conducted business analysis for process improvements and to streamline the ledger and to effectively shorten the close process and improve SEC reporting consolidation and reporting. Review of process & procedures, making adjustments in accordance with changes in SOX or improvements to process and procedures in place.
• A property/causality (P&C) insurer specializing in excess and surplus insurance lines (E&S) insurance coverage for higher-risk individuals and businesses with niche products as pet insurance, professional liability, and products for public entities.
• Development of project goals through use of IBM tools and Agile methodology; monitoring through HP Quality Assurance.

Confidential, Davie, FL

Interim Chief Financial Officer

• Established external banking and external auditor relationships, treasury and cash management procedures; evaluated and selected investment portfolio management firm. Negotiated office space lease, hired staff and selected general ledger and financial reporting, cash management and bank reconciliation solutions.
• Obtained primary underwriting capital and negotiated repayment terms, securing Certificate of Authority.
• Implemented full suite of Sungard for general ledger, cash management and claims.
• Negotiated, monitored and analyzed re-insurance treaties.
• Creation of general ledger chart of accounts and reporting procedures.

Confidential, Hollywood, FL

Interim Chief Financial Officer

• Firm in turn-around situation. Managed and directed day-to-day finance and accounting operations including reinsurance negotiations, external auditor relationships, direction and management of investment portfolio, statutory reporting requirements, premium tax, income tax, investor relations and investor tax oversight. Additional duties included establishment of new process & procedures, new banking relationships, management of treasury & cash management solutions, oversight and analysis of claims third-party administrator, and supervised contract negotiations and payroll/benefits providers.
• Resolved deficient Risk Based Capital and third party claims administration billings issues.
• Resolved claims billing inefficiencies, errors from third party administrator.
• Created new premium evaluation, forecasting and reporting process’s and practices.
• Implemented full suite of Sungard for general ledger, cash management and claims.
• Negotiated, monitored and analyzed re-insurance treaties.

Confidential, Doral, FL

Interim Controller

• Managed day-to-day finance and accounting operations, investment portfolio, external auditor requests, statutory reporting requirements, premium tax reporting. Creating process & procedures in preparation for IPO, working with external auditors.
• Selection and implementation of new accounting & reporting systems and creation of chart of accounts.
• Managed movement from third-party claims vendor to in-house claims operations and integration of take-out policies to sub.
• Implementation of Sungard general ledger, policy administration, cash management and reporting.
• Implementation of policies and procedures; hiring and training of accounting/finance staff.

Confidential, Miami, FL

Chief Financial Officer

• Appointed to direct $110M private equity exchange financial operations. Provided strategic planning and leadership of all finance and accounting functions; day-to-day operations and management of U.S. corporate office. Recruited, developed and managed team of finance and operations professionals and support staff. Streamlined and improved revenue recovery, revenue recognition and reporting procedures through systems enhancements and training of staff by partnering with sales and information systems managers.
• Improved operating income from $400K to $1.1M.

Confidential, Davie, FL

Director - Finance & Accounting Operations & Project Manager - Property & Casualty Company

• Implemented and chaired Business Process Improvement Team.
• Supervised platform upgrade of financial systems, financial reporting software, both GAAP and Statutory, and rollout of new budget and forecasting reporting package, premium and income tax process and applications resulting in a reduction of annual expenses by $380K.
• Identified under-reserving of potential claim loss of 8% through in-depth analysis of historical data, mitigating potential negative impact on surplus and rate making through use of data warehouse mining.
• Directed investment portfolio accounting changes and monthly recording.
• Reduced month- and quarter-end close from 22+ days to 2.5 days, including budget analysis as a result of collaboration with information technology, claims and underwriting managers through integration and enhancement of systems.
• Brought SEC EDGAR reporting & filings in-house, resulting in a savings of $100K per year.
• Resolved $10M accounts payable aging reconciliation error identified by external auditor.
• Reduced departmental expenses by 12% by streamlining investment accounting and banking/treasury.
• Participated in supervision of expenses and payments for two class-action lawsuits in excess of $35M.
• Implemented automated software enhancements to include Macros for Excel for routine data processes, resulting in increased efficiencies across finance, sales, operations, actuary, legal and claims and reduced expenses by $3M per annum.
• Reduced expense reimbursement pay cycle by 24 days.

Confidential, Naples, FL

Assistant Vice President Operations & Sr. Project Manager

• Led implementation and integration of new financial systems. SEC financial reporting, budget applications, forecasting and MRP process & procedures including sales-use tax reporting.
• Performed business process analysis and UAT; developed project plans, end-user workflow and diagrams.
• Directed EDI implementation with trading partners, reducing expense and increasing sales revenue.
• Received Outstanding Achievement Award.