Resume

Tete A. Adote, MS, MBA

M: 203-***-**** Hamden, CT 06514

email: ac36sy@r.postjobfree.com

ACCOUNTING / FINANCE

Fund Accounting, Operations Manager, Controller.

Highly accomplished, result-driven senior-level executive with extensive in finance, accounting, and administration experience in diverse industries. Proven abilities to improve operation, impact company growth and maximize profit through achievement in finance, reduced costs, internal control, and efficiency improvements. Valuable depth of experience in financial statement analysis, cash flow processing, and PL/NAV computations Solid background with knowledge of risk management and financial reporting.

Accounting & Financial Management

Controllership & Decision support

Team Development / Deployment / Motivation

Funds Analysis & Accounting

Product & Portfolio Definition / Cost Analysis

Budget Development and Management

Financial analysis & Reporting

Maximizing productivity and profit

EDUCATION

M.S., Finance, Fairfield University, Fairfield, CT December 2013

M.B.A., Concentration in Accounting, University of Bridgeport, Bridgeport, CT December 2006

M.B.A., Concentration in Finance, University of Bridgeport, Bridgeport, CT May 2004

B.S., Finance, University of Bridgeport, Bridgeport, CT May 2002

Executive Performance

A & Y Group, Inc. Hamden, ct February 2016-Now

Logistic, a service provided company in multi states located in Hamden, CT A & Y Group Inc, provides transportation services to multiple ports and customers in US.

General Partner and Controller

Manage daily accounting and finance functions. Ensure that Federal and states regulations and the compliances are followed. Put in place a new written internal control. Work with the back frequently to make sure that the company is in compliance with the debt to ratio. Work with all the employees on daily basis to resolve issues related to their work and performance

Selected Achievements

Increase revenues more than 100% this year through new acquisitions.

Put in place new strategies to attract new customers and contracts.

Prepare financial statements, data for Federal and State tax return

Prepare cash management projection and work with others partners to meet the company goals

Manage payroll function, and monthly financial statements, and records

Negotiate and manage the company client’s contracts.

Create and Manage company budget.

Evaluate new projects, etc..

HNH, Inc. BRIDGEPORT, CT February 2008-August 2016

Multi-program Nonprofit and Real Estate company that focus on families, youth, and senior and small business in greater Bridgeport areas.

CFO And Controller

Manage day to day operation and all accounting functions, ensuring proper internal controls with accountability for month-end processes. Prepared monthly and yearly financial statements and work directly with the external auditors provide recommendation for procedural improvement. Monitor five staff in the finance department. Analyze monthly balance sheet accounts and provide recommendations and course of actions to improve productivity and budget change if necessary. Prepared monthly P&L and Variance report

Selected Achievements

Reduce the aged payable by 80% when increasing the receivable by 12% in three years.

Turned around the annual deficit for many years to a surplus after depreciation in a year.

Cut month-end processing more than 70% through implementation of automated system and setting up data collection process that also improved reporting accuracy.

Implemented new and easy to follow internal control.

Increased the company revenue by 8% annually by implementing, and controlling the revenues and expenses by department.

Reduced and even eliminated unnecessary expenses. This process had help the organization to focus more fund to where needed and better return.

Developed high performance finance and accounting team to drive disciplined growth and strengthen controls and scale infrastructure for growth.

Negotiate with the vendors to resolve the bad debt and negotiate new term of the debt payment.

Credit Renaissance Partner, NY, NY

Senior Accountant June 2004-December 2007

Multiple Strategies Hedge Fund with different funds focusing on Distressed Assets, Structured Products, and Private Equity

Daily currency risk exposure analysis to evaluate FX impacts on portfolio performances for hedging.

Daily Net Asset Value (NAV), Profit and Loss (P&L) computation and analysis.

Partner/shareholder subscriptions and redemptions, trade confirms and settlements

Management and incentives fees calculations and allocations.

Holding position and cash reconciliations with exposure to Equities, Options, fixed incomes, futures, forwards, CDS, etc….

Booking journal entries as well as other accounting entries relative to each investment.

Financial Statements preparation.

Product exposure and working experience with Equity, Fixed Incomes (Corporate Bonds, Loans, MBS, etc…), derivatives (Futures/Forward, Options, et…), Repurchase Agreement and other OTC products’ transactions, settlements, P&L computations, corporate actions, reporting, etc.

TriState Inc, BRIDGEPORT, CT JUNE 2001–OCTOBER 2004

Mostly focusing on moving small business to different states or cities and also rent heavies equipment tools to facilities transport.

Senior Accountant

Maintain full charge of all accounting functions from Cost accounting, general ledger, financial reporting, fixed assets, inventory control, and payroll for 60 staff. Managed two staff and worked closely with the controller to review costs, reconciliation variance and cost improvement. Provided monthly P&L and Trained and assisted junior staff. Provided financial leadership across all accounting functions including payroll forecasting and banking relationship.

Selective Achievements

15% ROI increase delivered by assessing project costs and finding ways to reduce costs.

Increased department capability to handle up to 100% of demand after implementing interfacing software.

Eliminated more than 90% of process duplications by implementing key process

Provided financial leadership across all accounting functions including payroll forecasting and banking relationship

Reached necessary operational efficiency to complete complex accounting concept assignments within two months by leveraging industry knowledge and applying rapid learning ability.

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