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Management Accounting

Franklin, Massachusetts, 02038, United States
February 09, 2018

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Robert Colford

Franklin, MA 508-***-****

Executive Summary

Experienced Vice President of Finance with proven leadership in the financial services industry. Demonstrated proficiency in Financial Analysis, Analytical Skills, Management, Leasing & Tax Advantaged Investments, Commercial Banking, Corporate Finance, Risk Management, and Mutual Funds. Dynamic finance professional with a B.S. degree focused on Finance and Accounting from the University of Maine, Orono.

Professional Experience

RADIUS BANK, Boston, MA December 2016 – November 2017

Radius is a full-service bank that provides products and services for a wide range of clients, including individuals, commercial, middle market and small businesses, union organizations and their members, pension funds, municipalities, and not-for-profit organizations.

Vice President, Consultant (2016 – 2017)

Accomplished the transition of the Newstar Leasing and Loan portfolio sale to Radius Bank.

Finalized the inputting of cash and credit reports into Moody’s Lending Cloud Credit system to support the Radius Equipment Finance Team’s transition to Radius Bank.

Established new pipeline, forecasting, and cash reports for Radius Equipment Finance Team.

Oversee integration of Equipment Finance reports into bank-wide portfolio credit reporting.

Contribute crucial input to the monthly close and develop new techniques and procedures to streamline the process related to the leasing and loan portfolio.

SANTANDER BANK NA, Boston, MA January 2015 – July 2016

Santander is a global partner that offers an array of financial services and products including retail banking, corporate banking, cash management, and trust and wealth management.

Vice President, Finance & Accounting Commercial Business (2015 – July 2016)

Responsible for the development and management of the Commercial Business Analysis Team.

Supervised daily and monthly activities of 3 direct reports.

Handled the management of the monthly close process for the Division Director.

Executed all forecasting and budgeting for net interest revenue (NIR) projections for senior management.

Ensured timely and analysis of business results and deliverables for the Commercial Business Team for the C&I, CRE, Multifamily, and Leasing and Tax Advantage investment portfolios.

Constructed new business reports for Audit Committee, SEC, and other required third parties, including the Board of Directors, and Executive Management.

Created the Material Risk Credit report for CFO for commercial loan portfolio.

Provided monthly and quarterly closing analyses, evaluation of monthly forecasts, budgets, and other related segment and product level reporting with respect to new products, leasing, and loan syndications.

Analyzed information related to loan restructures for Loan Workout Officer for CRE portfolio.

Responsible for establishing a financial reporting and credit system around the closing for new $100M solar and wind energy tax credit partnership investments portfolio.

Executed and provided monthly financials to Ernst & Young regarding wind and solar energy investments.

Established in identifying and the closing of equipment financing opportunities that met the bank’s credit and profitability requirements.

Responsible for financial and accounting analysis of new products for Commercial and Retail Banking Teams.

Ensured appropriate documentation and analysis of accounting pronouncements and principles that constitute the organization’s accounting policies and procedures.

Ensured policies and procedures are in accordance with GAAP.

State Street Bank and Trust Company, Boston, MA January 1997 – July 2014

State Street is a global partner with institutional investors providing comprehensive financial services, including investment management, investment research and trading, and investment servicing.

Vice President, Finance, Tax Advantaged Investments (2007 – 2014)

Led, managed, and developed team. Mentored to grow skills and careers.

Supervised daily and monthly activities of 3 account administrators.

Managed the accuracy and productivity of day-to-day activities of accounts payable, cash disbursements, invoice/billing, payroll, customer credit and collections, and general & entity accounting for leasing division.

Developed and delivered complex forecasting and budgeting models in a timely fashion to meet the demands of the Tax Advantaged Investment Group and Corporate Tax Department.

Managed all forecasting and budgeting for net interest revenue (NIR) projections for senior management in the Leasing, Low Income Housing, and Energy Tax Credit Investment Group.

Provided accounting, reporting and support for the Leasing, Energy Tax Credit, and Low-Income Housing portfolios of the Tax Advantaged Investment Group.

Proactively analyzed proposals, identified new business, and assisted in the closing of new investments that met the bank’s equipment finance credit and profitability guidelines with respects to leasing and energy tax credit partnership equity investments.

Handled all monthly and quarterly SEC reporting for the group and managed all audit requests for Sarbanes-Oxley and Ernst & Young for the $2B Leasing portfolio.

Slashed payroll/benefits administration costs 30% by negotiating pricing and fees, while ensuring the continuation and enhancements of services.

Developed the writing and implementation of the bank’s policies and procedures for the leasing division.

Assistant Vice President, Finance, Tax Advantaged Investments (2004 – 2007)

Oversaw daily and monthly completion of all reports for the Leasing Division.

Supported vice president with special projects for senior management.

Delivered complex reports to the Corporate Tax Department to support annual filing of the organization’s tax returns.

Supported Sarbanes-Oxley implementation for the Leasing Division.

Provided complex income projections for senior management.

Handled all audit requests for Ernst & Young.

Accounting Officer, Office of the Treasurer, Funds Management Division – Leasing (1997 – 2004)

Developed and delivered forecasting, budgeting, and month-end reports for the division comptroller.

Analyzed complex leveraged lease transactions to determine appropriate input into the lease accounting system.

Reviewed and prepared reports required by the Corporate Tax Department.

Rebooked Leasing portfolio to reflect tax rate changes.

Trained and developed staff.

Computer Skills

Microsoft Excel, Word, PowerPoint, and Outlook; Oracle; FIS; PeopleSoft; Hyperion Essbase; Salesforce; Longview Khalix; ABC/Warren- Selbert pricing software, and State Street Bank proprietary financial software.

Affiliations & Community Involvement

Member, Equipment Leasing and Finance Association

Organizer of numerous charity events benefiting Junior Achievement of Northern New England

Volunteer Coach, Franklin Youth Sports Leagues


Bachelor of Science, Finance, Accounting Minor, University of Maine, Orono, Orono, ME

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