Manager Accounting

Lori McNab

*** ***** **** *** * N, Long Beach, NY 11561

Cell: 516-***-**** *******@*****.***

Professional Summary

Accounting professional with extensive experience in all aspects of mutual funds including, but not limited

to, financial statement preparation, NSAR filings, Form N-Q and all daily and monthly back office

functions. Strategic thinker and highly effective leader with strong analytical skills.

Areas of Expertise

• Financial reporting

• Procedure and process review and development

• Accounting systems assessment and integration

• Training and development

• Complex problem solving skills

Work Experience

Accounting Manager

2004-2010

Royce & Associates – New York, NY

Performed all accounting responsibilities for 25 open and closed-end mutual funds with overall assets in excess

of $30 billion. Responsibilities included but were not limited to monthly expense analysis, month end closings,

interfaced with internal and external auditors and certified all aspects of financial reporting. Responsible for

compliance with Prospectus, IRS and SEC regulations.

• Instituted a risk metrics tracking and review program with our investment accounting provider to

track processing volumes, aged items and error analysis.

• Provided essential support to Chief Compliance Officer to develop a risk and compliance matrix that

identified all mutual fund policies and procedures and the processes we employed to ensure compliance with

such functions.

• Worked with IT department to automate the calculation of contractual fees eliminating all manual

processing.

• Reduced lag on accounts payable and manual processing of invoices by working with vendors

to electronically deliver invoices customized to our specifications speeding up the approval and

payment process.

• Designed and implemented a paper-less record retention program that is compliant with all regulatory

requirements improving operational work flow with respect to record retrieval while producing annual time

and cost savings.

• Coordinated and streamlined the distribution of various month end and Board of Directors reports

such as summary of net assets, capital stock history, expense ratios and portfolio turnover.

• Preparation and review of audit work papers and all aspects of financial reporting including quarterly

NQ, schedule of investments, financial statements and NSAR filings.

Lori McNab

Fund Accounting Manager/Operations Manager

1986-2004

Dreyfus Corporation – New York, NY

Performed all accounting functions for various types of mutual funds including Tax-Exempt Money Market and

Bond Funds, Fixed Income Funds and Equity Funds. Managed a staff of 15 accountants and supervisors

responsible for daily cash projections for Portfolio Managers, recording of all types of corporate actions, daily

bank reconciliations, monthly asset reconciliations with custodian, portfolio trade processing and settlement

issues. Assigned tasks to associates, staffed projects, tracked progress and updated senior management as

necessary.

• Re-engineered staff and responsibilities, creating separate departments consisting of operations and

treasury functions, reducing staff while increasing productivity.

• Initiated and participated in automation, design and enhancements to departmental systems eliminating

manual calculations.

• Reduced accrual processes by initiating and implementing Subsidiary Account usage.

• Organized and participated in all accounting related and technical training programs. Revised,

updated and trained incoming accountants on Introductory Fund Accounting Training Program.

• Streamlined and oversaw the manual pricing of over 200 fixed income and equity securities to

ensure accurate NAV's on a daily basis.

Separate Accounts Accounting Manager

1998-2004

Dreyfus Investment Advisors – New York, NY

Managed a small staff of accountants and accounting clerks responsible for the accounting functions

associated with approximately 30 separate accounts consisting of high net-worth individuals, pension plans,

401 k plans and profit sharing plans. Processed contributions and withdrawals as requested by account

owners, set up and reconciled bank accounts for each separate account, calculated daily cash projections for

Portfolio Managers, processed all portfolio trades, confirmed settlement on such and verified monthly NAV’s for

each account.

• Reduced month end NAV verification from 5 days to 2 days by using Dreyfus Funds and Bloomberg feeds

as comparison as opposed to phone call and email verifications with brokers.

• Cross-trained mutual fund staff and separate account staff eliminating down time and disruption of workflow

due to absenteeism and vacation time.

• Automated and consolidated daily cash projections to separate account managers resulting in more timely

and accurate numbers for trading purposes.

Education

Queens College 1986

Flushing, NY, USA

Accounting

BA

Contact this candidate