Life Insurance Accounting
Resume:
Matthew W. Stoltzfus
** **** **** ******, ******** Port, Massachusetts 508-***-**** or
*************@*****.***
PROFILE:
Seasoned financial professional, experienced in leading and directing team
responsible for financial statement preparation, General Ledger accounting,
financial analysis, reserving, regulatory reporting and business planning.
Results oriented, team player with superb time management, problem solving
and communication skills. MBA with proven abilities in negotiating complex
organizational structures and in staff motivation.
EXPERIENCE:
1999- Present ~ Director of Finance ~ Metropolitan Life Insurance Co.,
Boston, MA
~ Serve as financial Controller for product line generating $300m annual
revenue.
. Oversee all General Ledger accounting, annual budget ($25M), and
reserving ($1B).
. Direct all financial closing activities, including final preparation of
STAT/GAAP financial statements.
. Perform and present to CFO Group earnings/budget analysis and variance
(MDA).
. Coordinate annual three year business planning, projection and
forecasting.
. Serve as primary contact for internal/external audit requests, as well as
for state regulatory compliance.
. Manage staff.
Accomplishments:
. Oversaw sell-off/assumption of entire $300m block of business,
including staff severance.
. Managed extensive reserve reconciliation, spanning 20 years,
resulting in $8M gain to earnings.
. Modified and cross-trained valuation team on accounting
workflow.
1998 - 1999 ~ Financial Consultant ~ Metropolitan Life Insurance Co.,
Boston, MA
~ Served as product line General Ledger and Reserve Repository expert, as
well as earnings and budget analyst.
. Performed all aspects of general ledger accounting.
. Calculated all monthly expense revenue.
. Assisted Group Financial Officer in all aspects of financial
reporting.
. Assisted Group Financial Officer with earning analysis.
. Calculated all monthly expense accruals.
. Completed miscellaneous state compliance requests.
Accomplishments:
. Performed extensive revenue reconciliation with business
partners, recouping $1M.
. Oversaw the implementation of new General Ledger system
(PeopleSoft).
. Coordinated product line implementation of corporate Reserve
Repository.
Matthew W. Stoltzfus
11 Many Oaks Circle, Yarmouth Port, Massachusetts 508-***-**** or
*********@*******.***
EXPERIENCE (continued):
1997 - 1998 ~ Financial Specialist ~ Metropolitan Life Insurance Co.,
Boston, MA
~ Served as Staff Accountant for product line.
. Prepared and posted general ledger journal entries.
. Implemented and oversaw product line budget.
. Prepared monthly premium tax strip submission.
. Conducted all general ledger account reconciliation, including
partners A/R and A/P.
1995 - 1997 ~ Research Assistant ~ University of Massachusetts, Dartmouth,
MA
~ Worked directly with Associate Dean/MBA Director in all aspects of:
. Program development and coordination;
. Market Research;
. Student Assessment.
1994 - 1995 ~ Staff Accountant ~ Ridgeway Financial, New Castle, DE
. Prepared financial statements for small/mid-sized companies.
. Assisted in analyzing financial earnings.
. Employee Benefits administration.
. Performed payroll accounting.
. Prepared individual income tax returns.
EDUCATION:
1995 - 1997 ~ University of Massachusetts Dartmouth, Dartmouth, MA
Degree: Master of Business Administration
Grade Point Average: 3.60 (Based on 4.0 = A+)
1992 - 1995 ~ Wilmington University, Wilmington, DE
Degree: Bachelor of Science
Major: Accounting
Grade Point Average: 3.95 (Based on 4.0 = A+)
Member of Delta Epsilon Rho Honor's Society.
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