Financial Executive (retired)
CFO/Controller/Corporate Financial Consultant
Proven director-level financial executive with well-developed leadership ability and demonstrated talent for aligning corporate vision and goals with organizational strategy. Skilled in cross-departmental and cross-functional operational team building in relation to complex consulting and financial engagements. Demonstrated talent for developing financial policies and procedures, creating sound financial controls, designing financial models and implementing IT solutions. Keen negotiation, communication and presentation skills. Proficient in the use of Microsoft Office Suite, PeopleSoft, Great Plains Dynamics and other accounting and treasury packages.
Jackson Hewitt Kinston, NC Jan – April 2018
Senior Tax Preparer
Responsible for accurate preparation of individual tax returns for walk-in clients.
Citi Corp, Irving, TX 11/3/14 – 8/31/16
Senior Consultant Basel Project (The Judge Group)
My assignment consisted of reviewing credit exposure types (individual or group) when the normal operating practices could not define the exposure type correctly. The primary operating group responsible for maintaining the corporate wide data base of all Basel exposures is housed in the Philippines with support functions in both Europe and USA.
I solved the reporting issues for a number of large exposure types including; sovereign wealth funds, municipal bonds and trust funds for Mexican political subdivisions, large financial institutions in China, Taiwan, India, and Viet Nam.
During this assignment I developed a training program for the Basel unit in the Philippines to improve their research skills.
BB&T Prime Rate (Experis), Pittsburgh, PA April 2013 – November 2013
Consultant Accounting Procedures
Lead a diverse team in Pittsburgh, PA (Finance) and Florence, SC (Operations) in resolving large /complex reconciliation problems resulting from a function transfer from SC to PA over a year ago. The accounting function was transferred without a good knowledge transfer. Six accounts had cumulative differences over a 1+ year period of more than $2million. Resolved the differences and initiated new procedures to eliminate them in future periods.
FIRST VIRGINIA COMMUNITY BANK, Fairfax, Virginia October 2012 – March 2013
Interim Assistant Controller
Assisted the Finance Department of this community bank during a period of staff transition and acquiring another community bank. Primary responsibilities were investment accounting, fixed assets, accounts payable, and staff supervision.
Alliance Bank of Virginia, Chantilly, Virginia December 2011 – February 2012
Assumed the lead accounting position for a period after a failed merger with another local bank. Primarily responsible for daily reconcilements, cash management, and staff supervision. Other duties included the preparation and review of Regulatory reports and SEC schedule preparation.
Promontory Financial Group (Solomon Edwards) September - November 2011
Senior Consultant – Charlotte. NC (top 5 banking institution)
Assisting the institution in developing a reporting/analytical tool for use in the Retail Mortgage markets with a concentration in foreclosures and bankruptcies for the years 2008 – 2010.
Capital One – McLean, Virginia July - August 2011
Senior Consultant/Project Manager Collabera Consulting November 2010 – February 2011
Assisted this $40 billion regional bank on two projects upgrading their internal accounting procedures in Regulatory Risk-based capital Reporting and Loan Systems data management and conversions;
Assisting in the development of an end-to-end automated reconciliation procedure for the developing Basel II Regulatory Reporting process (target completion 2012).
Oversaw the testing of new data extracts supporting various functions including hedging, forecasting, market risk analysis, economic capital funds, stress testing and Basel II risk-based capital calculations.
Federal Deposit Insurance Corporation – Dallas, Texas June 2009 – October 2010
Team Lead – Proforma Solomon Edwards and Huron Consulting
Assumed a lead role for the FDIC during the sale of 15 failed banking institutions located across 9 states. Managed a team of between 5 and 40 contractors responsible for verifying the accuracy of account records as well as the preparation of financials for the FDIC and the acquiring institutions in order to determine the actual price of purchase.
Managed closings of financial institutions from single branch banks with assets of $90 million to a $45 billion bank with branches in 5 states and 2 foreign subsidiaries.
Recommended changes to closing policies and procedures regarding testing and workpaper functions for backup withholding and deposit-secured Treasury borrowing.
Successfully managed all assignments in 9 states both on time and within budget.
Financial Consulting Services – various locations June 2001 – May 2009
Consulted on a wide variety of essential financial reviews, certifications and analyses for major players in the financial industry including Fannie Mae, Freddie Mac, Capital One and Inter-American Development Bank. Served as project lead on the management of critical financial reports, implementation of risk-based capital management and internal control standards and review of liquidity and cash management procedures.
Assisted the Capital and Economics Departments of Freddie Mac and Fannie Mae in filing monthly and quarterly regulatory risk-based capital reports.
Served as interim controller for Riggs Bank during the period leading up to a merger with PNC to ensure accurate filing of all SEC and Regulatory reports and oversaw the exit from all European operations.
Senior consultant on the review and certification of internal controls (ARMICS, SOX-like) for the Virginia Information Technologies Agency supporting the Commonwealth of Virginia’s IT functions.
Played key role in the restructure of accounts payable and membership accounting function of the Accounting and Finance Department for The Navy League of the United States (Great Plains Dynamics).
Developed methodology and metrics to generate risk-weighted assets of Capital One Bank and Capital One FSB under existing and proposed Basel II reporting rules.
City First Bank of D.C., NA – Washington, D.C. 1998 – 2001
Charged with managing all financial reporting, financial strategies, investments, asset/liability and interest rate risk of this $100 million community development bank serving the inner city of the District of Columbia. Developed and mentored a team of 7 financial associates in accounting, IT and branch operations. Key player in the start-up phases including creation of business plan, establishment of organizational infrastructure, IT implementation and acquiring regulatory approvals.
Improved accessibility, accuracy and value of financial data through development and implementation of IT and telecommunication systems solutions including digital transaction scanning, LAN and telephony.
The Corporation for Public Broadcasting – Washington, D.C. 1996 – 1998
Retained by a not-for-profit organization providing public broadcasting services and funding opportunities to 1,500 public and television and radio stations nationwide to manage financial and general accounting operations. Collaborated in the planning, management and administration of operation budgets. Directly accountable for the development and execution of investment strategies for portfolio valued at $350 million.
Effectively managed the investment portfolio and delivered performance that exceeded the track record of 5 outside investment management firms that submitted proposals to the Board of Directors.
Led the conversion of legacy IT systems to Great Plains dynamics C/S+ for GL including integration of A/P that saved 20% in operating costs for distributing funds to member PBS and NPR stations.
Early Career History
Inter American Development Bank, Accounting System Consultant, Washington, DC; 1995
ICMA Retirement Corp., Interim Director of Treasury & Planning, Washington, DC; 1994 -1995
Century National Bank; Controller; Washington, D.C.; 1992 – 1994
Pacific National Bank of Nantucket; Controller; Nantucket, Massachusetts; 1987 – 1992
Manufacturers Hanover Trust Co; Assistant Vice President; Rochester, New York; 1985 – 1986
Manufacturers Hanover Trust Co; Deputy Controller/Investment Officer; Rochester, New York; 1980 – 1985
Manufacturers Hanover Trust Co; Assistant Controller/Investment Officer; Rochester, New York; 1974 – 1980
Lincoln First Bank; Audit Senior/Manager; Rochester, New York; 1972 – 1974
Mellon National Bank; Staff Auditor; Pittsburgh, Pennsylvania; 1970 – 1972
Rochester Institute of Technology; Rochester, New York
Master of Business Administration with emphasis in Finance
Penn State University; University Park, Pennsylvania
Bachelor of Science in Accounting