Vice President of Finance and Administration Resume Philadelphia, PA - Hire IT People

SUMMARY

Proven track record of building effective teams dat consistently produce accurate and dependable financial information.
Evaluation, design and update of financial and operational controls to maximize efficiency and mitigate risk.
Responsible for all accounting and administrative functions for three affiliates. Results driven wif a track record of consistently making or exceeding annual corporate goals.
Present detailed business plans and results to Board of Directors.
Knowledgeable about how organizations work, how to get things done through formal and informal channels, and how to achieve goals.
Effectively deliver results no matter the challenges.
Ability to identify strong staff and motivate them to reach their potential thereby building collaboration and efficiency.
Lead by example wif hard work and dedication.

PROFESSIONAL EXPERIENCE

Confidential, Philadelphia, PA

Vice President of Finance and Administration

Responsibilities:

Created financial framework for business start - up, achieving gross revenue of $150 million, consisting of insurance premium of $125 million and TPA revenue of $25 million.
Interacted wif Board of Directors, ensuring reliable foundation for setting future state.
Managed investment portfolio and directed asset mix strategies, growing original capital infusion of $40 million from the Parent Company to a diversified portfolio of more TEMPthan $260 million.
Managed all banking relationships, tight control over depository and sweep accounts, and daily monitoring of cash flow wif the successful goal of exceeding investment income expectations.
Monitored collateral adequacy for multiple Letters of Credit held in trust from Large Deductible Accounts.
Prepared and submitted Quarterly and Annual Statutory Statement and all other Supplemental Filings to the NAIC and various insurance departments.
Coordinated license application processes to secure Certificates of Authority in Delaware, Michigan, New Jersey, North Carolina, Pennsylvania, South Carolina, and Texas.
Managed the GAAP and Statutory financial audits by Confidential
Developed and executed the conversion of original proprietary general ledger system to Oracle / PeopleSoft Financial System, creating major improved processes and reduced time and labor costs.
Developed billing and collection procedures dat minimized annual bad debt write-offs well below 0.5% of revenue which is significantly below the industry average.
Reduced printer and copier equipment leases by 55% and achieved $1 million software savings through tight management of vendor relationships and contracts.
Negotiated facilities and equipment leases and other related administrative responsibilities for the Philadelphia headquarters and satellite offices in Pittsburgh and Harrisburg, Pennsylvania and Mount Laurel, New Jersey.

Director of Finance / Controller

Confidential

Responsibilities:

Ensured timely internal and external GAAP and Statutory financial reporting wif strict adherence to all GAAP and NAIC accounting guidelines.
Resolved all Insurance Department as well as NAIC inquiries and correspondence.
Provided calculation and analysis of quarterly Risk-Based Capital for the NAIC.
Monitored portfolio holdings to ensure compliance wif all applicable state regulations and Risk-Based Capital requirements and implications.
Prepared and presented annual budget to the Board of Directors.
Created and maintained the Company's 5-year financial model. Developed financial assumptions, strategic direction, and scenario analysis.
Prepared annual forecasting and monthly budget variances.
Managed the accounts payable function and negotiated vendor agreements.
Assigned and coordinated premium audit process.

Confidential, Horsham, PA

Senior Financial Analyst

Responsibilities:

Managed operating expense and budget accounting functions. Duties included: development of expense accruals, cost center analysis, budget variance analysis, adherence to expense policies, intercompany reconciliations and settlements, the payroll interface to the general ledger, inter-department expense allocations, and development of the annual corporate budget.
Coordinated preparation of the monthly financial statements, ensuring compliance wif GAAP and Statutory accounting principals and NAIC guidelines. Prepared annual GAAP and Statutory financial statements, and analysis of the Company's operations and financial position.
Currently division of Ricoh/Unisource Corporation
Responsible for corporate consolidation and systems administration. Assisted in preparation of Corporate Annual Statement. Assisted in preparation of 10K and 10Q SEC filings. Ensured adherence to SEC reporting requirements.

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Vice President Of Finance And Administration Resume

Philadelphia, PA

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