Accounts Payable Management
Resume:
DARRYL P. BROOKS
Cliffwood, New Jersey 07721-1502
Residence: 732-***-****
Cellular: 732-***-****
Email: *********@*******.***
BUSINESS SUMMARY
Experienced finance professional with a diverse background in different
industries. Strengths include the ability to effectively manage financial
initiatives, projects and tasks independently under multiple constraints.
My accomplishments include the ability to work with and manage teams, work
cross-functionally, and demonstrate effective communications and
documentation across all channels while striving for excellence and
consistently meet deadlines. My background includes several years of
supervision and management. Extensive interaction with the highest levels
of management, private, government and public agencies.
CAREER HIGHLIGHTS
The A.M. BEST COMPANY, Oldwick, N.J. Aug
2008 - May 2009
Provider of financial market intelligence, including independent credit
ratings, indices, risk evaluation, investment research and data.
Financial Analyst
. Primary responsibility for analyzing the credit quality of a portfolio
of life and health insurance companies including three of the top life
and annuity insurance companies in the United States.
. Continual monitoring of operating performance of the rated companies,
including review of public filings, private information supplied by
issuers, and participation in management meetings.
. Analyzing business plans and financial statements; identifying
industry risk factors, and contributing to the research and rollout of
new ratings criteria.
. Participating in discussions with senior management on operational,
regulatory and market issues.
. Respond to queries from investors, media and issuers; presenting
analysis to rating committees and publishing ratings commentaries and
rationales.
. Preparation of press releases, company reports and industry
commentaries in a fast paced environment with publication deadlines.
STANDARD & POOR'S, New York, N.Y.
June 1999 - Dec 2007
Standard & Poor's, a division of The McGraw-Hill Companies is the world's
foremost provider of financial market intelligence, including independent
credit ratings, indices, risk evaluation, investment research and data.
Credit Analyst
. Primary responsibility for analyzing the credit quality of a portfolio
of US based life and health insurance companies.
. Continual monitoring of operating performance of the rated companies,
including review of public filings, private information supplied by
issuers, and participation in management meetings.
. Analyzing business plans and financial statements; identifying
industry risk factors, and contributing to the research and rollout of
new ratings criteria.
. Participating in discussions with senior management on operational,
regulatory and market issues.
. Respond to queries from investors, media and issuers; presenting
analysis to rating committees and publishing ratings commentaries and
rationales.
. Preparation of press releases, company reports and industry
commentaries in a fast paced environment with publication deadlines.
UNUM INSURANCE COMPANY, Piscataway, N.J.
June 1997 - May
1999
Industry leader in disability income protection and one of the top
providers of supplemental benefits in the nation.
Senior Financial Analyst
. Responsible for coordinating the daily cash receivable activities for
the Special Risk Division.
. Handle daily inquires from senior management and agent field staff.
. Daily contact with company agents to ensure timing receipt of customer
payments.
. Weekly/monthly reporting and ad-hoc reporting when requested.
. Managed staff of 4 clerical associates.
NEW COMMUNITY CORPORATION, Newark, N.J. May 1996 - June 1997
Social Services Agency providing housing, job training and economic
development.
Accounts Payable Manager/ Assistant Treasurer
. Responsible for daily disbursement for the organization.
. Handle daily cash management between 4 banks with over 40 bank
accounts.
. Handle inquires from senior management and vendor inquires.
. Responsible for staff evaluations and all administrative issues.
DIGITAL SOLUTIONS INC., South Plainfield, N.J. Feb 1995 - April 1996
Human Resources Company handling payroll, taxes and benefits on a 3rd party
basis.
Senior Accountant
. Acting as Controller for the organizations Southwest Operations, had
oversight responsibility for financial statement preparation, accounts
payable/receivable, internal payroll and cash management.
. Responsible for suggesting enhancements to the financial system
package and converting internal payroll into a new payroll system.
. Worked with staff to setup new associates in the payroll system
including 125 cafeteria plans and other miscellaneous deductions,
ensured associates earnings was correct and also the accuracy of
quarterly payroll and tax filings.
. Created a unique accounting structure to identify cost and expenses by
cost center.
PRUDENTIAL INSURANCE COMPANY, Newark, N.J.
Multi Billion Dollar Life, Health, Group Insurance and Financial Service
Company
Accounting Specialist, Corporate Comptroller's 1990 - 1995
. Prepared various ad hoc analyses for required special projects for the
Comptroller and various departmental senior vice presidents.
. Prepared statutory financial statements, exhibits and compliance
filings for the U.S. Federal Reserve Bank and the U.S. Department of
Commerce, resulting in timely filing of these reports on a monthly,
quarterly, semi-annual or annual basis.
. Worked on the team responsible for developing strategies to help
Prudential overcome the problems faced by Mutual Benefit Life.
. Conducted statistical and analytical research on GAAP and Statutory
accounting issues, A.M. Best and Standard & Poor's questionnaires,
resulting in timely compliance filings for the company.
. Responsible for preparing statutory year-end financial statements,
exhibits and annual reports.
. Updated company chart of accounts and accounting memorandums in team
environment ensuring the integrity of the company ledger and
eliminating unused and duplicate accounts.
BUTLER AVIATION, Flushing, N.Y. 1989-1990
Aviation Service Company responsible for fueling and aircraft maintenance.
Operations/Accounting Manager
. Responsible for all office operations as well as all accounting
functions for this location.
. Assisted staff in the creation of Lotus worksheets to aid in the
tracking of gasoline purchases.
RED DEVIL, INC., Union, N.J. 1987-1989
Manufacturer of home repair and improvement items.
Senior Budget Analyst
. Responsible for creating and maintaining 1, 3 and 5 year budgets.
. Conducted monthly meeting with management to go over budget vs. actual
results.
PRUDENTIAL INSURANCE COMPANY, Horsham, Pa
1986-1987
. Responsible for maintaining and supporting depreciation schedules and
analysis on all company assets.
Prudential - Cost Analyst 1984-1985
. Responsible for the financial reporting and analysis for the American
Association of Retired People (AARP), Prudential's largest client.
PRUDENTIAL INSURANCE COMPANY, Woodbridge, N.J.
Accounts Payable Supervisor, Eastern Home Office
1981-1983
. Supervised and trained accounts payable staff in accounting techniques
resulting in a smooth accounts payable operation.
. Responsible for staff evaluations and all administrative issues.
. Implemented an accounts payable coding system to identify expenses by
location.
. Developed 1, 3 and 5 year departmental budgets, analyzed variance
trends which resulted in the timely submission of all departmental
budgets.
. Effectively communicated with all departments to develop budget
criteria.
Accountant 1980-1981
. Responsible for premium, sales and dividend analysis.
Underwriter 1978-1980
. Responsible for making changes to existing policies.
EDUCATION - B.S. Accounting, Rutgers University
AFFILIATIONS - National Association of Black Accountants, Capital Markets
Credit Analysts Society, Inc, (CMCAS), New York Society of Security
Analysts (NYSSA), Association for Investment Management and Research
(AIMR), Evalueserve Circle of Experts.
SKILLS: Microsoft EXCEL and WORD, HYPERION General Ledger Software, Master
Accounting Series (MAS 90), Summit Payroll Software, Reflection GL Software
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