Accounting Financial

Tsion Sarah Bisrat

**** ******* ****

301-***-**** (h)

Silver Spring, MD, 20906

301-***-****(c)

*******@*******.***(email)

CAREER PROFILE: Results-oriented accountant experienced in financial

analysis. Proven ability in identifying sources of revenue

generation, cost reduction implementation, and excellent

supervisory and organizational skills.

PROFESSIONAL

EXPERIENCE:

United States Conference of Catholic Bishops, 3211 4th Street, NE,

Washington, DC, 20017

March 2010 - Present

A Temporary

Assignment

Director of Accounting & Financial Reporting

. Uploaded the Calendar Year 2010 budgets to the in-house accounting

system, and prepared budget to actual variance reports to send out to

department heads for year to date February 2010.

. Identified system's (DOS) drawbacks and documented processes for

improved report running. Recommended for conversion of the in-house

accounting system to "online, real-time" accounting system for

efficiency and effectiveness.

. Getting ready for the Annual Budget kick off for 2011 by reviewing

previous year's submissions to make it seamless using automated

processes.

. Assist in the preparation of financial statement, including audit

work papers and footnotes for the upcoming audit in the coming

months.

District of Columbia Housing Authority, Washington, D.C.

Director of Budget and Accounting October 2005-

October 2009

Deputy Director of Finance February 2001-

October 2005

Accounting Officer

September 1997 - February 2001

. Complete responsibility and authority to plan, schedule, and carry out

major projects and work assignments. Worked on guidelines of various

administrative policies and regulations, such as, Generally Accepted

Accounting Principles (GAAP), Internal Control, Government Accounting

Standards Board (GASB), federal, state and local laws, policies and

procedures.

. Managed the budget formulation, presentation, execution and management

process for the Agency. Managed budgetary analysis, recommendations, and

implementation relating to Agency's budgetary requirements, long and

short-term analysis, and application of the Agency's and the Federal

Agency (HUD's) budgetary policies. Responsible for $500 million budget.

. Established, revised and monitored Agency's spending plan assuring

compliance with all the Appropriation Act, Budget Act, and Federal and

financial guidelines. Advised the Agency's program managers and senior

staff on budget submission, supplementary budget request, presentation of

facts and data to support requests that were consistent with the Agency's

policies and procedures.

. Budget preparation and financial reports involved the use of Federal

Regulations and guidelines such as OMB Circulars A-87(Cost Principles for

state, local, and Indian tribal governments), A-110 (Uniform

Administrative Requirements for Grants and Agreements for non-profit

organizations). A-122 (Cost Principles for Non-Profit Organizations),

and A-133 (Audits of state, local governments, and nonprofit

organizations), all of which were necessary compliance procedures for

managing and administering grant funds.

. Responsible for timely federal grant draw downs, obligations and

expenditures as mandated by the federal government.

. Prepared month-end closings, reconciliations, year-end closings, and

financial statements to include Cash Flow and Profit and Loss Statements.

Prepared all lead schedules and work papers for external auditors.

Oversaw the annual financial audit and follow-up on corrective actions as

required. Assured the implementation of adopted recommendations relative

to accounting issues.

. Provided Financial Status Reports, forecast and analysis for department

officials and enforced accountability and compliance to stress anti-

deficiency, and working within the budget forecasts at meetings.

. Prepared timely, full and accurate set of financial statements

reflecting all activities of the operation of the Agency, including

budget to actual variance reports, and presented them to the Finance

and Audit Committee as well as the Board monthly.

. Responsible in alerting the Executive Director as well as the Board of

any actual or potential problems concerning the financial systems, the

financial operation, the budgets, the audit, and any other matter which

could or did have a financial implication.

. Maintained a working relationship and developed additional

relationships with banks, financial institutions with the aim of

securing the funds necessary for the operations of the Agency, and its

development plans of the investments.

. Led the agency's conversion from cash basis of accounting to Generally

Accepted Accounting Principles (GAAP) as was required by the federal

government to conform to Uniform Financial Reporting Standards, and

ensured that funds were expended in accordance with program

requirements based on OMB circular A-87 or as amended. Also, operated

under Government Accounting Standard Board known as GASB 34, an

accounting method that included revenue and expense items as they were

earned or incurred irrespective of when money was received or paid out.

. Converted the accounting software from the "DOS"(Disc Operating System)

to " on line real time" and "Windows" using Peoplesoft Enterprise

Resource Planning (ERP) that had the ability to centrally track

financial accounting data within a single framework of multiple

companies, multiple branches, and chart of accounts. It also provided

company-wide integration that was essential to strategic decision

making.

. Continued to improve the integration of financial management systems,

such as, Requisitions, Procurement, Purchase Orders, Receiving Reports,

Accounts Payable, Payroll, General Ledger and Financial Data Schedule

for audit purposes.

. Oversaw, directed, monitored and evaluated routine operations and

special activities for efficiency, effectiveness and compliance with

policies and procedures that related to the Office of Financial

Management and to the agency as a whole.

. Directed and managed finance employees responsible for report

preparation, to compile specialized program-related narrative and

statistical data from a variety of sources, and use analysis techniques

to solve financial problems.

. Maintained qualified finance staff to do budget development, execution

and reporting and financial planning and analysis.

The National Caucus and Center on Black Aged, Inc. (NCBA) Washington, D.C.

Sr. Financial Analyst/Accountant September 1993-

September1997

. Wrote budget proposals to federal agencies for non-construction programs.

. Prepared individual and consolidated statements of financial trends and

variances on grants to

submit to different Federal Government Agencies.

. Distributed monthly and annual budgets to different sponsoring Government

agencies.

. Developed reports relative to Division Budget Plans. Analyzed cost

allocations and produced position control reports (PCN) on a monthly

basis.

. Devised and implemented policies and procedures for accounting and

internal control of Senior Environmental Employment Program.

. Responsible for performance appraisal, and recommendation of personnel

actions.

The Riggs National Bank, Washington, D.C. 1986-1993

Trust Accounting Officer, Retirement Plan/Benefits Accounting Group (1990-

1993)

Accounting Officer, Finance Group, Financial/Board Reporting (1986-1988)

. Responsible for accounting and analyzing contribution plans like 401(k)

employer, employee contributions, investments, transfers, distributions

and reconciliations. Prepared reports on a monthly, quarterly and annual

basis.

. Maintained monthly reports of Cost and Profit Analysis, which determined

the profitability of the services performed by various divisions of the

Trust Department. Distributed cost and profit reports for Senior

Management's review.

SOFTWARE: Oracle/ PeopleSoft/ JD Edwards & Memory Lane System (MLS)

designed for Housing Authorities

Main Frame Systems-Cost & Profit

Analysis & Performance Based Systems

Word, Excel, ADP (payroll)

EDUCATION: M.B.A, Johns Hopkins University, Baltimore, Maryland

B.S., Accounting, State University

of New York, Palttsburgh, New York

JOB RELATED

TRAINING: Project Based Accounting for Public Housing Authority

Fiscal Professionals

- Governmental Accounting & Auditing - 04/2008

Capital Improvement Fund-Specialized

Knowledge &Application

05/2007, 12/2006

Housing Choice Voucher (Section 8)

Financial Management 03/2003

Intermediate to advanced Accounting

11/2000

GAAP (Generally Accepted Accounting

Principles) Conversion Training

Update - Accounting & Auditing 08/2000

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