Quality Assurance Accounting

**** *** ***** ***, ************, MD 21133240-***-****(************@*******.***

Austin Steve, MBA

Summary

Accounting professional with extensive experience in the public, private and

non-profit sectors with expertise in GAAP & Statutory Accounting, month end close

reporting and financial statement analysis with a demonstrated ability to

identify process improvement and an ability to acquire technical knowledge and

skills rapidly in a fast paced environment. Core competences include:

Month, QTR & Year End Close

Balance Sheet Account Reconciliations

Financial Statement Footnotes & Preparation

GAAP & Statutory Accounting

Auditing, Internal Control & SOX Compliance

Balance Sheet Variance Analysis

Derivatives Review & Analysis

Expense Monitoring & Analysis

Training & Developing Staff Accountants

Revenue Recognition, Accruals & Prepaids

Notable Accomplishments include:

Redesigned and automated SG&A expenses reporting process, thereby increasing

productivity by 40% and ensuring adequate time for analysis and decision making

with regards to accruals and prepaids.

Member of Citigroup field office transition project team; recommended the use of

existing software to interface with Oracle program and in the process saved the

company the cost of a new software purchase.

Rectified a 1 year old variance with a troubled account by ordering old account

reconciliations from storage, recreating the reconciliation and thereby

preventing a needless write-off of $35K.

Promoted to Senior Accountant after only 6 months as a Financial Analyst, because

of proven ability to go beyond required assignments and a demonstrated ability to

analyze and resolve issues.

Professional Experience

PHH corporation Baltimore, MD 2008-2010

Senior Accountant

Participated in the month-end closing process and prepared Fair value, Asset &

Liability derivative footnotes and consolidated debt holdings of various entities

for 10-K and 10-Q reporting.

Designed debt amortization tables, debt payoff schedules and prepared monthly

debt amortization entries.

Prepared various accrual journal entries and prepaid journal entries based on

expense analysis of actual data and budget forecasts in accordance with GAAP

principles.

Monitored, analyzed and recorded impact of derivative instruments and presented

results at monthly close meeting, prepared revenue recognition reports and

commission owed vendors.

Maintained LKE workbook and calculated related interest, excess cash & entity

elimination entries and prepared individual entity tax packages.

Designed and maintained cost of funds calculation workbook and calculated

customer bill rates based on LIBOR rates.

Prepared deferred financing fee schedules related to acquisition of debt and

recorded amortization of fees.

Citigroup (CitiFinancial) Baltimore, MD 2007-2008

Senior Accountant

Participated in CitiFinancial month-end closing process and performed monthly,

quarterly and annual expense account analyses and reported findings to

management.

Performed balance sheet variance analysis and reported findings to Management

Reporting Group.

Maintained various CitiFinancial intangible amortization schedules and prepared

monthly amortization entries. Prepared balance sheet account reconciliations.

Participated in CitiFinancial's internal Risk Control Self Assessment testing to

verify proper financial controls.

Set-up and delegated financial approvals for home office and field employees

based on Citigroup expense policies.

The Baltimore Life Companies Baltimore, MD 2004-2007

Senior Accountant General Ledger

Trained, developed and oversaw general staff accounting functions, delegating

work assignments, reviewing bank, account and fixed asset entries and

reconciliations.

Prepared quarterly and year-end financial statements support binder for the

executive management committee and auditors.

Prepared balance sheet reconciliations, reviewed team members balance sheet

reconciliations and reported inconsistencies with recommendations.

Monitored and reviewed company daily cash position and approved daily cash

entries.

Prepared quarterly and year-end balance sheet schedules for financial statement.

Worked on process improvement projects that involved interactions with various

other departments.

Abrams, Foster, Nole & Williams CPA Baltimore, MD 2003-2004

Staff Auditor

Performed various audits such as OMB A-133 single audits, compliance audits and

financial statement audits.

Analyzed data and prepared work papers based on professional accounting

standards.

Developed quality management recommendations to improve client processes and

procedures resulting from internal control testing.

Determined the accuracy and completeness of compliance products and performed

quality assurance testing.

Utilized the risk based audit testing process.

Researched accounting standard changes.

Catholic Relief Services Baltimore, MD 2000-2003

Senior Accountant/Analyst II (promoted) 2001-2003

Provided comprehensive accurate accounting and financial analysis support for 6

field offices.

Prepared quarterly cash forecasts and monitored cash flow to ensure compliance.

Monitored financial uploads and investigated causal variances in Sun systems and

JD Edward.

Reconciled and closed US Government grants.

Was responsible for field office Asset management.

Was responsible for monthly and year end close reporting.

Trained Financial Analyst and reviewed reconciliations and cash projections.

Financial Analyst

2000-2001

Prepared headquarters and field office bank and general ledger reconciliations.

Prepared accounts receivable and payable vouchers and analyses.

Prepared initial analysis, adjustments and journal entries related to suspense

files.

Analyzed and reviewed cash flow forecasts for field offices and reconciled field

office local currency accounts.

Education & Certification

CPA Anticipated winter

2011

M.B.A. Finance

2007 Morgan State University Baltimore, MD

B.S. Accounting (Graduated Cum Laude)

2000 Morgan State University Baltimore, MD

Technical Skills

PeopleSoft, HFM Hyperion, GEAC, Procure to Pay (P2P), Essbase, EAS, proficient in

Microsoft Office applications, AS400, Crystal Reporting, Information Desktop,

Accountants Trial Balance (ATB), Case ware working papers2004, Simfund, Business

Objects 5.1, Harvard Graphics, Sun Systems, J.D. Edwards, ACCPAC, Solomon IV,

Quick Books Pro, ADP payroll system, WordPerfect, Vision Works, FAS, The Mortgage

Office.

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