Manager Control

TIMOTHY TOLIOS

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Home: 978-***-**** Cell: 978-***-****

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Summary: Financial services professional in mutual fund transfer agent

operations with extensive experience in Control Accounting. Self

motivated, analytical, and numbers oriented, with expertise in

creating operational efficiencies and problem solving.

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Professional Experience:

Evergreen Investments, Boston, MA (1994 - 2009)

SENIOR CONTROL ACCOUNTING LIAISON 2002 - 2009

Accomplishments:

. Developed procedure for reviewing and interpreting Consolidated Error

and Reject Report resulting in reduced risk and eliminating losses.

. Developed key enhancement to Outgoing Wire Contingency Plan resulting

in shorter recovery time during system transmission failures.

. Developed and implemented reporting process for reviewing

negative dealer commission positions. Reported weekly to

management. Coordinated payments and adjustments between

Evergreen Dealer Relations and BFDS Commissions Department.

Responsibilities:

. Coordinated and facilitated all communication between Boston

Financial Data Services Control Department and Evergreen

Investments Transfer Agent Operations.

. Monitored and coordinated communication of reconciling items

between BFDS Control and Evergreen Service Company Operations.

Reviewed items and supervised steps and communication for

resolution. Assisted in research and resolution of more complex

issues. Prepared weekly report for Senior Management.

. Monitored daily reports to reduce financial risk.

. Coordinated bi-monthly and quarterly Dealer Commission

processing.

. Reviewed fund losses due to dealer "as of" processing.

Coordinated dealer payments to Custody.

. Coordinated client compensation payments to Custody due to late

client purchase payments.

. Reviewed and adjusted account share out of balance conditions.

. Coordinated gain/loss and commission payments with Evergreen

Corporate Finance.

. Monitored incoming and outgoing wire files and activity.

. Participated in fund mergers, conversions, and special projects.

CONTROL ACCOUNTING MANAGER 1999 - 2002

Accomplishments:

. Developed and implemented operational efficiencies resulting in

elimination of overtime costs.

. Developed and implemented Outgoing Wire Account Settlement for

monitoring daily DDA balances resulting in elimination of account

overdrafts.

. Developed and implemented plan to cross-train Control staff in

department processes resulting in more efficient coverage of

responsibilities, as well as contributing to employee development.

Responsibilities:

. Managed staff of 8 Control Accountants

. Responsible for Custody relationship, fund settlement, fund cash

availability, share reconciliation, fund receivables and payables,

incoming and outgoing wire processing and settlement, check stop

payments and replacement, check writing privilege settlement.

CONTROL ACCOUNTING ANALYST 1997 - 1999

. Provided analytical and technical support for Control. Assisted in

fund mergers, conversions, new business initiatives, special projects

and procedural enhancements. Trained Control staff on new policies and

procedures.

SENIOR CONTROL ACCOUNTANT 1994 - 1997

. Performed settlement and reconcilement functions. Responsible for

Automated Cash Control System integrity, enhancements, and updates.

Trained new Control personnel. Assisted in fund mergers, conversions,

new business initiatives, and special projects.

Colbent Management Corporation, Inc., Wakefield, MA

FINANCIAL SERVICES MANAGER / CONSULTANT 1993 -1994

. Assisted in coordinating the development, analysis, and implementation

of a dedicated Corporate Reorganization System for major Boston

transfer agent operation supporting Rights Offerings, Mergers, Tender

Offers, Exchanges, Liquidations, and Class Action Lawsuits.

. Responsible for all reconcilement: Subscriptions, Delivery and Sale

of Rights, Certificate Issuance, Refunds, Account Receivables and

Payables, Stock Market Share Purchases and Sales. Daily interaction

with Stockbrokerages, Shareholders, Fund Administration, Transfer

Agent Operations, The Depository Trust Company.

Eastmark Consulting, Inc., Boston, MA

FINANCIAL SERVICES CONSULTANT 1992 - 1993

. Performed reconciliation and QA testing for GTE corporate 401K plan.

Audited account loans, loan repayments, distributions, withdrawals,

adjustments, and investment configurations. Interaction with Corporate

and Project Management, Plan Administration, Payroll, and Human

Resources Departments; Verification of Compliance Standards. Performed

reconcilement of Payroll, Trust Accounting, and Participant

Recordkeeping Systems.

Mellon Financial Services, Cambridge, MA (Formerly Bradford Trust Company)

CONTROL MANAGER 1986 - 1992

. Managed all Control Department Functions and Staff of 12 Control

Accountants

. Responsible for Fund Settlement, Bank Account Reconcilement, Dividend

Reconcilement, Dealer and Distributor Commissions, Abandoned Property,

NSCC, Tax Reporting, Reclaims, Adjustments, Check Replacements,

Certificate Control, Problem Solving and Account Research, daily

reporting to Custody, Fund Accounting, and Fund Management.

CONTROL SUPERVISOR 1985 - 1986

. Supervised staff of 8 Control Accountants.

. Responsible for Mutual Fund settlement, Bank Account Reconcilement,

Certificate Balancing and Control, Abandoned Property, Check

Replacement, Problem Solving and Account Research.

CONTROL ACCOUNTANT 1983 -1985

. Responsible for mutual fund settlement, bank account reconcilement,

problem solving and research.

. Trained new Control Accountants.

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Technical & Software Skills:

. DST Mutual Fund System, TA2000, AWD.

. Microsoft Excel, Microsoft Word, Microsoft Access.

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Education: B.A., ECONOMICS, Northeastern University, Boston,

MA.

ACCOUNTING CERTIFICATE (In Process)

North Shore Community College, Beverly, MA

Professional Development: Advanced Excel; North Shore Community College

2010

Access: North Shore Community College 2010

Mutual Funds Basic Training; Investment Company

Institute

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