Assistant Manager

Alexandra Baez-Thomson

*** ********** ****** *** **, Carlstadt, NJ 07072 845-***-**** *********@*****.***

Treasury Assistant

18+ years of experience developing initiatives to achieve significant improvement in all financial of operational businesses. I bring a broad range of industry experience in Financial Guarantee Insurance and Reinsurance. I am organized, with an ability to operate independently with critical treasury functions. I have a track of success with solid accounting and technical skills to drive financial systems platform migration and reduce complexity through streamlining banking structure. Demonstrated ability to evaluate existing financial environments and respond with forward-thinking policies to cultivate advancement of treasury processes. Combines keen business acumen and strong expertise to align all financial initiatives with strategic organizational goals. Fluent in Spanish and English.

AREAS OF EXPERTISE

Accounts Payable & Receivable

Regulatory Compliance

Forecasting & Projections

Financial Reporting

Strong Banking Experience

Cash Management

Strategic Planning

Workflow Optimization

Team Leadership

PROFESSIONAL EXPERIENCE

TREASURY ASSISTANT/SUPERVISOR Syncora Guarantee, Inc. 2009 – 12/31/18

Held full control of cash flow receipts and disbursements to meet firm’s business and investment needs. Updated liquidity and cash flow projections to determine surplus cash investment strategies. Scope of additional accountability incudes A/P, A/R, audits, journal entries, payroll transactions, Oracle GL System, wire transfers, Schedules E and DA, forecasting, and reporting. Analyzed bank data for vendor and customer transactions and accurately handled transactions. Prepared management and board report investment sections.

Spearheaded conversion of banking platform from HSBC to BNY Mellon, including bank selection, service requirements, user and application initiation, and data feed setup and testing.

Played key role on Loss Cash Activity Automation project, encompassing process automation, screen specification, GL requirements, and user acceptance testing.

Reviewed and approved companywide cash accounting, covering insurance and reinsurance premiums, consent fees, claims; revaluated foreign currency balance and reported on restricted cash and assets.

Charged with personally managing commercial banking operations for the entire group.

Assumed responsibility for cash management of 2 NYDFS regulated insurance companies, including funding for claim and reinsurance payments, A/P, payroll, premium receipts, and note interest.

Oversaw treasury and investment group FATCA, FBAR compliance, and KYC requests for firm’s foreign financial accounts, legal entities, and financial services vendors

Administered intercompany balances, settlement process, ADP payroll accounting, and recovery of unclaimed funds.

SENIOR TREASURY ACCOUNTANT Clarendon National Insurance Group, New York, NY 1999 – 2009

Directed A/P and A/R departments to ensure quality control while performing accurate cash, sub ledger, intercompany, and payroll reconciliations. Managed investment reconciliations between Clarendon’s Property & Casualty companies and the group’s investment manager. Utilized Chase Insight to monitor liquidity cash worksheet for cash consolidation automation of consolidating; funded appropriate accounts. Partnered with agents and banks to resolve fiduciary and cash depository products.

Developed audit procedures to improve claims record keeping for A/P and A/R for use by internal audit department in compliance with Sarbanes Oxley; saved time and increase accuracy of audit reports.

Led the creation of Insight database that cut time spent on reconciliations by 50%.

Initiated reporting and input of data to file Escheatment / Abandoned Property claims to all states, ensuring compliance with government regulations.

Analyzed 250+ bank statements by researching Oracle cash postings and adjusting entries as necessary.

Designed quarterly cash, short-term investment, and interest income reports incorporated in Schedules E & DA on financial statements and balance sheet for Yellowbook.

CAREER NOTE: Additional roles with Clarendon National Insurance Group include Team Leader of Quality Assurance Department and Treasury Analyst.

EDUCATION

Associate of Science in Accounting / Finance Ashford University, New York, NY, July 2009

Technical Skills: Microsoft Office Suite, Oracle, AS2000 system, SunGard, BizNet, HRS Pro

Chase Insight Treasury Database, JPMorgan * HSBC Access Banking Software

AFFILIATIONS

Member Association of Financial Professionals

Volunteer Catechist, Teacher & Coordinator St. Maximillian Kolby Church

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