ILAN B. SUSSAN, CPA, CGMA
Vienna, Virginia 22181-2940
703-***-**** (Home) / 571-***-**** (Cellular)
*******@*****.***
OBJECTIVE: To secure a challenging, executive financial management
position within a dynamic, growth-oriented organization -
leveraging deep technical, operational, and Board of
Director level expertise.
EXPERIENCE: DIRECTOR OF ACCOUNTING POLICY.
TREASURER & SECRETARY, RESOLUTION FUNDING CORPORATION.
TREASURER & SECRETARY, FINANCING CORPORATION.
FEDERAL HOME LOAN BANKS-OFFICE OF FINANCE.
Reston, Virginia.
March 2005-March 2013.
. Developed, analyzed and implemented accounting, reporting
and disclosure policies for new and existing financial
structures and transactions through the application and
interpretation of authoritative guidance issued by the
FASB, the SEC and other regulatory bodies.
. Managed all of the accounting, finance and investor
relations functions of a $30 billion corporation and an
$8 billion corporation, which serve as financing vehicles
to resolve the massive savings and loan crisis of the
1980s. Direct report to President and COO.
. Educated Board of Directors, senior management and staff
about current accounting and regulatory issues. Analyzed
and managed the potential implications of existing and
proposed rulemaking. Interacted with and drafted comment
letters to standard setters.
. Independently created and maintained a comprehensive
accounting policy manual which supports the
organization's financial reporting system and serves as a
reference for the twelve Federal Home Loan Banks as they
prepare their quarterly and annual financial statements
and disclosures.
. Prepared and reviewed complex external accounting and
financial disclosures in conjunction with the company's
combined financial reporting process. Addressed
accounting inconsistencies in conjunction with each
Federal Home Loan Bank's registration of its common stock
under the Securities Exchange Act of 1934 and its ongoing
reporting with the SEC.
. In each of these three roles, served as a primary liaison
with external auditors to ensure compliance with current
accounting, reporting, and disclosure standards.
Interacted extensively and managed relationships with
global credit rating agencies, regulators, and government
organizations.
SENIOR PROJECT MANAGER.
FEDERAL NATIONAL MORTGAGE ASSOCIATION.
Financial Standards Group. Washington, District of
Columbia.
June 2001-March 2005.
. Developed accounting, reporting, and disclosure policies
for financial products. Emphasis on technical accounting
related to financial instruments, investments,
securitizations, and stock options.
. Managed the implementation of accounting policies by
training company personnel about new and emerging
accounting, reporting, and disclosure standards. Analyzed
the potential business impact of pending accounting
policy changes. Interacted with, and drafted comment
letters to, the FASB and the SEC regarding proposed rules
and regulations.
. Completed and reviewed external financial reports as part
of the company's consolidated financial reporting
process. Instrumental in completing the company's first
annual report on SEC Form 10-K and subsequent quarterly
reports on SEC Form 10-Q - a vital part of the company's
voluntary registration of its common stock under the
Securities Exchange Act of 1934.
. Performed financial research and analysis related to
potential equity investments in e-commerce companies,
suppliers of technology services, and mortgage insurers.
MANAGER OF ACCOUNTING RESEARCH AND SPECIAL PROJECTS.
POTOMAC CAPITAL INVESTMENT CORPORATION.
Washington, District of Columbia.
April 1999-June 2001.
. Researched and constructed approaches for implementing
new financial & regulatory accounting standards.
Determined the impact of such standards on the
operational results of the company, its organizational
structures, and its portfolio of investments, including
securities, telecommunications, direct finance and
leveraged leases, aircraft, and real estate ventures.
. Prepared financial and economic analyses of proposed
equity transactions to assist company management and
strategic planning groups. Assisted business units with
technical accounting issues to provide timely solutions
and maximize corporate results.
EXPERIENCED SENIOR ACCOUNTANT.
ARTHUR ANDERSEN LLP.
Commercial and Finance Division. Washington, District of
Columbia.
July 1995-April 1999.
. Executed financial statement audits, compliance audits,
and public filings in accordance with GAAP, GAAS, SEC,
and industry regulations. Clients included a $6 billion
commercial banking institution, a $500 million mortgage
banking seller/servicer with a $7 billion servicing
portfolio, and a $3 billion congressionally-chartered
institution responsible for creating the secondary
domestic market for agricultural real estate and rural
housing loans. Obtained additional experience in the
technology, real estate, and hospitality industries and
at the company's world headquarters in Chicago.
EDUCATION: EMORY UNIVERSITY, GOIZUETA BUSINESS SCHOOL, Atlanta,
Georgia.
Bachelor of Business Administration, with Distinction -
Concentration in Accounting.
August 1991-May 1995.
Accounting Major GPA: 3.7/4.0 - Business School GPA:
3.6/4.0
CERTIFIED PUBLIC ACCOUNTANT, Licensed in Maryland and
Virginia.
. Passed the Uniform Certified Public Accountant
Examination on my first attempt.
. Member: American Institute of Certified Public
Accountants (Chartered Global Management Accountant) and
Virginia Society of Certified Public Accountants.
INTERESTS: Serving nonprofit boards, travel, team sports,
meteorology, genealogy, photography.