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Accounting Management

Location:
Shelton, CT
Posted:
August 05, 2013

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Resume:

Sanjeev Sood

** ****** **** *******, ** ***** C: 203-***-****

ab9npb@r.postjobfree.com

A strategic and resourceful financial leader with extensive experience in

several industries. A proven ability to bridge the gap between accounting

and financial requirements with the goals and objectives of the

organization. Extensive knowledge and experience of GAAP, compliance and

regulatory policies and procedures. A proven track in putting together

highly respected teams and ability to make a point with concise and easy to

follow formats.

Financial Reporting Budgeting and Forecasting

Asset Liability Management Non-Profit accounting and

Compliance

SOX Compliance Testing Regulatory Reporting-Call, 10K and

10Q

Strategic Planning Cost Accounting

Professional Experience

Principal Sood Financial Solutions, Shelton, CT (September

2010 to Present)

An independent accounting business providing consulting to Banks and small

independent businesses

Controller Consultant at Simsbury Bank, Simsbury, CT. (June 2013 to

Present)

. Replaced the Controller and oversee the accounting department

including Fixed Assets, Accounts Payable & Investments.

. Prepare the quarterly Call report and 10-Q filing in August.

. Working with CFO to re-align the duties of accounting staff with more

cross training and oversight.

. Planned the quarter's regulatory reporting schedule and guiding in the

replacement of the outgoing senior accountant.

. Other reporting issues such as Earnings per share (EPS) and working

with external auditors and legal entities for 10-Q filing.

. Working with Investment manager in liquidity calculations.

Controller-Host America Corporate Dining, North Haven, CT. (March 2013 to

June 2013)

. Financial reporting for 17 units in 3 states and managing annual

revenue billings of $7 to $8 million.

. Performed Human Resources function like weekly payroll on ADP, 401k

and other HR related issues.

. Reconciled all cash accounts of the company and filed monthly sales

tax returns in 3 states.

. Oversaw the accounts payable area, ensuring their correctness for

prompt and correct billing to corporations.

Senior Consultant at Farmington Bank, Farmington, CT. (August 2012 to

November 2012)

. Assisting with the conversion of core servicer from FISERV to COCC

platforms.

. Interacting with VP Accounting to close month ends and preparing

monthly board reports.

. Reconciling cash accounts, FAS 115 mark-to-market adjustments and

payroll accounts for month end reporting.

. SOX compliance testing with Risk Management department of Bank

covering all functions of the Bank.

Consulted at Connecticut Bank & Trust in Hartford, CT (March-May 2012).

Bank's CFO and Controller had left for other companies.

. Prepared and filed the Bank's 1st quarter FDIC Call report and 10-Q

reports.

. Interacted with CFO and Controller of the acquiring institute in

closing the General Ledger of CBT.

. Reconciled all cash, investment and Fixed Asset accounts on the day of

acquisition.

. Finalized Month end reports for March and April 2012.

.

Consulted at CBT in Hartford (April-May 2011).

. Prepared and filed the bank's quarterly Call and the 10-Q reports for

quarter ending March 31, 2011.

. Assisted CFO with the annual shareholders reports.

Certified in taxation and filed tax returns for small businesses and

individuals in 2011and 2012.

Licensed in health, life and annuity insurance products in May 2011and a

Series 6 license in March 2012.

Chief Financial Officer The Community's Bank,

Bridgeport, CT (November 2006 to September 2010)

Served on the Executive Committee and lead a team of 5 people responsible

for finance and accounting activities and branch operations. Prepared all

annual and three-year budgets for presentation and approval by the Board of

Directors' and submittal to Federal Deposit Insurance Corporation (FDIC)

and Connecticut State Banking departments.

. Compiled daily liquidity reports for sources and uses of funds and

tracked leverage ratios to comply with bank policies.

. Maintained bank's investment portfolio and prepared the quarterly

interest rate risk modeling reports for Asset/Liability Management

(ALM) presentations. This was approved by FDIC examiners.

. Developed accounting policies and procedures for investments, funds

management, and interest rate risk.

. Interfaced extensively with federal and state banking regulators,

internal and external auditors. Participated in banking compliance

issues, including Bank Secrecy Act.

. Leveraged bank's capital to raise the balance sheet from $28 million

in December 2006 to $55 million as of March 2009 resulting in higher

returns in the investment portfolio.

. Managed the in-house HR function, resulting in better and lower

costing health insurance for the bank's employees.

Controller Darien Rowayton Bank, Darien, CT (June 2006 to

November 2006)

Supervised nine people in the accounting/finance and information technology

departments and branch location of this newly formed financial institution.

. Developed infrastructure for assigned areas of responsibility and

created policies and procedures.

. Managed all financial reporting and presented findings to Chief

Executive Officer and Board of Trustees.

. Installed the Certificate of Deposit Account Registry Service (CDARS)

program to provide more investment sources for customers and enhance

bank's liquidity position. This resulted in deposits being made by

affluent customers thereby raising the deposit levels.

. Set up the interest rate risk modeling software for quarterly

reporting to the management and the Board of Directors.

Controller The Milford Bank, Milford, CT (April 2002 to June

2006)

For this newly created position led the accounting and operations

departments and interfaced significantly with regulators and auditors.

. Worked with the Chief Financial Officer for budgets and quarterly call

report submissions to FDIC.

. Researched and installed Certificate of Deposit Account Registry

Service (CDARS) program to provide more investment sources for

customers and enhance bank's liquidity position.

. Researched and achieved the transfer of the General ledger from the

old DOS based platform to a new Windows based platform in 2002.

. Researched and installed new software for managing and reporting for

fixed assets, investments and accounts payable to the new GL platform.

Managed investment portfolio and maintained fixed assets and accounts

payable systems.

. Employee of Month and year for 2002.

Divisional Accounting Manager J. E. Robert Companies, Inc., North

Haven, CT (August 1996-April 2002)

A fully integrated global real estate investment management company

specializing in Capital structuring and R/E Acquisition.

Handled accounting responsibilities for this commercial mortgage backed

securities (CMBS) division, including preparing monthly balance sheets,

income and cash flow statements, monthly portfolio regulatory reports, and

annual budget. Analyzed and approved the disbursement of funds for the

securitized assets for all levels of bondholders for the CMBS portfolio.

. Projected estimated receivables and revenue for cash flow management

utilizing various financial models.

. Oversaw the transfer of entire CMBS division from Dallas TX office to

the Connecticut office.

. Reviewed monthly accounting reports from property management companies

and oversaw postings to corporate ledger. Coordinated annual audits

for the CMBS portfolio with external auditors.

Controller Sequoia Property Management

Corporation, Mount Kisco, NY (April 1995 to October 1996)

A division of The Sequoia Group, this company was established in 1932 to

manage self-owned residential and recreational properties.

Corporate Property Management Company was acquired by Sequoia in 1996.

Managed the accounting department, finalized the month end consolidated

statement of condition, profit & loss and month-end accrual reports for 27

properties under management. Handled accounts payable activities and

approved payments to vendors.

. Managed fixed asset portfolio and implemented Asset Life Study to

forecast future capital expenses of individual properties based on

life of each capital asset.

. Supervised fund accounting of properties to determine capital expenses

and cash reserves.

. Coordinated banking functions, including investments in treasury

bonds, and purchases of mutual funds and savings instruments.

. Prepared billings for all properties for revenues in excess of $4

million annually.

Education &Associations

AMERICAN INTERNATIONAL COLLEGE, Springfield, MA - Masters of Business

Administration - Accounting and Finance

SYDENHAM COLLEGE OF COMMERCE, Mumbai, India - Bachelor of Commerce-

Accounting & Economics

CONNECTICUT SCHOOL OF FINANCE AND MANAGEMENT, Farmington, CT - Connecticut

Bankers Association

SOUTHWEST COMMUNITY HEALTH CENTER, Bridgeport, CT - Board Member, Chair -

Audit Committee (2009-present), and Chair - Fund Development Committee

(2009-present). Also a Member of the Finance and Strategic Planning

committees

SOFTWARES

Microsoft Excel, Word, PowerPoint, Access, Oracle, J.D Edwards, MAS90,

Hyperion, Essbase, SQL, Peachtree, Quicken, Quick Books, FISERV, COCC,

Great Plains, Timberline, various Investment related software, Sage,

Solomon and Skyline.



Contact this candidate