Rajesh K. Shandal
** ********* ***** ( NEW HYDE PARK, NY 11040 347-***-**** (
********@*****.***
Seeking: Senior Financial Role
Results-driven, visionary leader with a proven track record of driving
innovation, improving efficiency, achieving
compliance, and strengthening profit contributions for public and private
sector clients:
CERTIFIED PUBLIC ACCOUNTANT (CPA) - ERNST & YOUNG LLP
AUDITOR - NEW YORK STATE DEPARTMENT OF TAXATION & FINANCE
ADJUNCT PROFESSOR / LECTURER - BERNARD M. BARUCH COLLEGE & HUNTER COLLEGE
DIVISIONAL CONTROLLER/ACCOUNTING MANAGER- CONSOLIDATED EDISON COMPANY OF
NEW YORK
SKILLED IN ANALYZING NEEDS AND ISSUES, EVALUATING IMPACTS, DEFINING
STRATEGY AND APPROACH, AND GUIDING THE RAPID IMPLEMENTATION AND ADOPTION OF
STANDARDS, PROCESSES, AND CONTROLS THAT HAVE MAXIMIZED FINANCIAL
PERFORMANCE, MITIGATED RISKS, AND POSITIONED ORGANIZATIONS FOR CONTINUED
GROWTH. NATURAL COMMUNICATOR AND TEAM LEADER RECOGNIZED FOR MANAGING AND
EMPOWERING TEAMS TO ACHIEVE GOALS ACROSS FAST-PACED ENVIRONMENTS.
CORE COMPETENCIES:
STRATEGIC BUSINESS & ORGANIZATIONAL Risk Assessment & Management / Auditing &
PLANNING Controls
Financial Planning, Forecasting & Strategic Contract Negotiations & Vendor
Reporting Management
Private & Public Corporate Automation, Standardization &
Accounting Transformation Leadership
Regulatory & Compliance Management Team Recruitment, Development & Management
Professional Experience
Consolidated Edison Company of New York - New York, NY 2002-2013
Divisional Controller/Accounting Manager
Promoted to provide strong strategic, financial, and operating leadership
to Finance and other human resource departments in the organization. Member
of leadership team charged with evaluating, recommending, and implementing
strategies and best practices across the enterprise. Manage a cross-
functional operational, clinical, and union / management team of 21 through
3 direct reports in managing, enhancing, and delivering the following
programs, services, and policies:
SEC financials, 10-K, 10-Q, MD&A Achieved SOX Compliance
Regulatory reporting to government Financial Summary to Investor
entities-FERC, PSC Relations
Monthly Closings of Finance and other Overseeing Company's Medical Unit
departments(Oracle) Operations
Rate Case filings with Public Service Internal Controls Testing
Commission (PSC)
Selected Achievements:
. Chosen as a member of the Finance Transformation Team charged with
improving employee retention. Collaborated with Deloitte & Touche to
interview employees and conduct a competitive analysis. Defined and
recommended the implementation of new bonus structure and work-life
balance that strengthened employees satisfaction and retention.
. Pivotal role in defining and implementing controls into the department
that enabled organization to achieve compliance with Sarbanes-Oxley
(SOX) regulations.
. Drove the replacement of disparate manual records with an Electronic
Medical Records (EMR) system that reduced costs and increased
accessibility of critical data.
. Eliminated the delivery of pre-employment X-Rays that delivered $500K in
yearly savings for Medical Unit.
. Spearheaded the automation of financial analysis, verification, and
reporting functions that reduced overall timeframe for creating monthly,
quarterly, and annual reports.
. Recognized for effectively addressing and resolving critical issues that
improved stability of the financial department.
Consolidated Edison Company of New York - Continued...
Recruited to manage and enhance financial analysis and SEC / regulatory
reporting processes for this publicly traded, regulated multi-billion
dollar corporation and it's 4 subsidiaries.
. Prepared financial reports to increase awareness of issues and
opportunities, drive business decisions, secure funding from investors,
and meet regulatory requirements.
. Analyzed financial statements, balance sheets, and cash-flow statements.
Identified trends in key performance indicators, investigated
discrepancies, and presented results to leadership.
. Developed and submitted 10-Q, 10-K, and MD&A reports to Securities
Exchange Commission (SEC).
. Collaborate with accounting, legal, and compliance teams to ensure
processes, programs, and functions are in adherence to established
corporate and regulatory requirements.
. Recruit, train, mentor, and ensure teams and operations achieve
established goals.
. Established and managed budgets for other departments related to
wellness, operations, and World Trade Center programs valued in excess
of $10 million. Forecasted revenue and expenditures; conducted quality
reviews of expenditures and invoices; lead monthly closings and accruals
leveraging PeopleSoft and Oracle Systems. Presented monthly financial
summaries to top-level management.
Ernst & Young, LLP - New York, NY 2000-2002
Senior Accountant
Brought in to lead teams in conducting complex reviews of controls,
processes, policies, financials, and operations for banking, broker-dealer,
and private equity clients in adherence to Generally Acceptance Accounting
Principles (GAAP) and Generally Acceptance Auditing Standards (GAAS).
. Planned and managed all aspects of auditing engagements. Secured
appropriate resources and defined audit strategy.
. Coordinated the execution of testing plans, identification of risks and
issues, documentation of results and recommendations, and the
presentation of audit findings to leadership teams and regulators.
Selected Achievements:
. Managed and conducted in-depth walkthroughs of internal controls for
front- and back-office operations.
. Supervised certified audits for introduction and clearing of broker-
dealers, mutual funds, and mergers & acquisitions.
. Assessed loans / allowances for loan reserves and validated compliance
with FASB 114 and FASB 5 regulations.
. Analyzed credit lending review processes across corporate finance, trade
finance, and project finance departments.
. Reviewed VAR analysis and risk management policies to ensure the
accuracy and compliance of limits.
Shulman, Weingarten & Co., LLP - New York, NY 1996-2000
Senior Accountant
Provided financial analysis / reporting, payroll, tax, and auditing
expertise to law firms, medical professionals, manufacturing companies, and
movie production entities throughout New York
. Prepared individual, partnership, and corporate income tax returns;
coordinated month-end closings; oversaw the monthly analyses of balance
sheets accounts; and led the development of annual financial statements.
New York State Department of Taxation & Finance - New York, NY 1994-
1996
Auditor
. Audited and ensured that 30+ oil and trucking companies were in
compliance with truck mileage and petroleum business tax regulations.
Reviewed records and tax returns, identified issues, and delivered
recommendations to management.
Training Experience
Bernard M. Baruch College, City University of New York - New York, NY
2009-2010
Adjunct Lecturer / Professor of Accountancy
. Principles of Accounting.
Hunter College, City University of New York - New York, NY 1999-2001
Adjunct Lecturer / Professor of Accountancy
. Advanced Accounting - Consolidations, Purchase & Pooling Methods.
Education & Credentials
Bachelor of Business Administration (BBA) in Accounting
BERNARD M. BARUCH COLLEGE, CITY UNIVERSITY OF NEW YORK (1994)
Certified Public Accountant (CPA) - State of New York
Technology Proficiency
MS Office Suite (Word, Excel, Outlook), and Lotus Notes Software
Comshare, Essbase, Platinum, and Go-Systems Software
Quicken, QuickBooks, T-Value, AWS, and ProSystem FX Software
PeopleSoft and Oracle Systems