Ann M. DeStefano

*** ********** ****, ********, ** 06611

203-***-****

acsvt2@r.postjobfree.com

SUMMARY OF STRENGTHS

Experience – Diligent accountant who produces audit-ready work products within a fast paced environment

Team Player – Independent, yet thinks globally. Shares knowledge and continues learning.

Communication and Interpersonal Skills – Upholds positive working relationships with clients and co-workers.

Decision Making Skills – Develops and implements new ideas to increase productivity and cost savings.

Planning and Organizational Skills – Self-motivator with prioritizing and multi-tasking aptitude to meet deadlines.

Problem Solving Skills – Detail-oriented with the ability to think both creatively and analytically.

EXPERIENCE

May 2013 – ASPEN INSURANCE US SERVICES, Rocky Hill, CT

June 2015 Dept Head, Ceded Reinsurance Accounting

Managed quarter close for ceded reinsurance accounting dept of three legal entities

Provided leadership to one Junior and two Senior Accountants

Reconciled general ledger accounts; handled cash & collections in the millions, aged recoverables

Maintained clear and concise support for auditors and regulators, adhering to SOX & NAIC requirements

Analyzed actual vs. plan variances; presented results to Senior Finance Management Team

Coordinated with UK and Bermuda offices for accurate elimination on consolidated financial statements

Prepared GAAP reports and STAT regulatory schedules; contributed to MI pack, 10Q, and annual statement

Major accomplishment: Self-learned all dept processes and systems after a 100% turnover in staff

Sept 2008 – TRANSATLANTIC REINSURANCE CO., New York, NY

May 2013 Senior Accountant, Ceded Reinsurance Accounting and Analysis

Managed quarter close for ceded reinsurance dept

Created GAAP journal entries, wire requests, and support for audits

Reconciled payables and recoverables to general ledger for home office and nine global branches

Analyzed, charted, and explained variances in quarterly and yearly comparison periods

Prepared footnotes pertaining to reinsurance for 10Q and annual statement

Major accomplishment: Secured collateral to reduce company's Schedule F penalty by $18M. Earned an "Excellent" rating from Internal Audit for zero issues involving ceded dept processes

Mar 2006 – HEALTH NET OF THE NORTHEAST, INC., Shelton, CT

Sept 2008 Supervisor, Broker Commissions, Licensing & Compliance

Oversaw licensing of new brokers and assured compliance to state DOI regulations; supervised staff of 11

Ran Access queries and set-up Excel spreadsheets to manage data, pay broker fees, and calculate accruals

Major accomplishment: Applied a pre-existing auditor's compliance plan resolving 11 issues within 2 quarters

Oct 2003 – ODYSSEY AMERICA REINSURANCE CORP., Stamford, CT

Mar 2006 Accounts Specialist, Assumed Reinsurance Accounting

Verified accuracy of reporting; approved wire requests; researched and cleared suspense cash

May 1992 – D.W. VAN DYKE & CO. OF CT INC., Westport, CT

Sept 2003 Accounts Processing Assistant (Bookkeeper)

Paid operating invoices and expense reports; balanced bank statements; audited accounts

EDUCATION

Dec 2010 SACRED HEART UNIVERSITY – JOHN F. WELCH COLLEGE OF BUSINESS, Fairfield, CT

Bachelor of Science Degree in Accounting - Graduated Summa cum Laude (3.878 GPA out of 4.0)

PC SKILLS MS Office: Advanced Excel (Pivot Tables, V-Lookups), Word, Power Point, Beginners Access

Accounting/General Ledger/Annual Stmt Systems: SAP, Sun, CODA, Wings, Booke

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