Management Vice President
Resume:
MICHAEL C. HAINES
Malverne, NY 11565 www. linkedin.com/in/mhaines1 ***************@*****.***
SUMMARY
Innovative finance professional with strong analytical, quantitative and technical skills which enable
understanding and resolution of complex situations. Expertise in increasing efficiencies in procedures and
systems, in addition to outstanding data management and controls. Proactive leader who successfully supported
numerous business lines. Extensive experience with financial management reporting, budgeting, P&L and multi-
year forecasting. Recognized for ability to organize, detail oriented, deadline driven and expert Excel spreadsheet
engineer.
PROFESSIONAL EXPERIENCE
COMMERZBANK AG, New York, NY 2008 - 2013
MIS Reporting / Functions Specialist - Assistant Vice President (2008 – 2013)
• Accurately allocated over 250 cost centers by developing, maintaining and improving Cost Allocation
Application for Region North America
• Provided critical information to Senior Management by producing Quarterly Expense Package
• Ensured accuracy and compliancy with Head Office by overseeing the premise allocation process
• Revamped the entire cost center structure due to merger
• Supported numerous business line to control costs and resolved queries proactively
• Collaborated with Frankfurt and London involving all transfer pricing agreements (SLA)
• Implemented the Front to Back headcount ratio report
• Successfully maintained and closed the books each month to the auditors’ satisfaction
• Validated Balance Sheet Substantiation for intercompany accounts
• Managed the budgeting and multi-year planning for all Functions
DRESDER KLEINWORT WASSERSTEIN, New York, NY 1995 – 2008
MIS Reporting / Head Office Reporting – Assistant Vice President (2001 – 2008)
• Submitted monthly Segmental P&L for Region North America to Head office accurately and promptly
• Produced various management reports for North America to guide Senior Management’s decision making
• Maintained integrity of critical P&L mapping tables among various systems
• Engineered and improved efficiency and accuracy of system data downloads
• Coordinated budget process for Region North America
• Reconciled multiple P&L systems by legal entities and resolved all queries from Frankfurt and London
• Produced expense analysis report and coordinated G/L maintenance to ensure SOX compliant
• Prepared various ad hoc presentations for CFO & COO
Private Equity Controller – Assistant Vice President (1999 – 2001)
• Maintained and closed books on a monthly basis - P&L and B/S
• Developed budget, forecasts and management reports
• Monitored book limits and recorded capital calls, distributions, assignments and funding
• Ensured cash control by reconciling monthly activity, cash accounts and funding activity
Fixed Income Controller – Assistant Vice President (1995 – 1999)
• Implemented processes for maintaining and closing books
• Validated traders’ MTM by producing and reviewing daily independent price variance report
• Reconciled local GL, sub ledger and FISTS reports and reported daily trading P&L
• Recognized and developed the need for Buy/Sell Back transaction model
• Coordinated management reporting process involving several product support heads
• Resolved trader queries and coordinated special projects utilizing PC skills
• Developed budget, forecast and management reports
• Produced margin deficit report for traders and reconciled intercompany transactions
Michael C. Haines Page 2
516-***-**** ***************@*****.***
PROFESSIONAL EXPERIENCE (continued)
PAINEWEBBER INC., New York, NY 1986 - 1995
Mortgage Backed Securities – Supervisor (1994 – 1995)
• Supervised two junior analysts and coordinated special projects for Senior Management
• Developed and improved business review package, focusing on expense control
• Coordinated audit and maintenance of market data services expenses
• Managed budget process for all MBS cost centers
PaineWebber International – Sr. Financial Analyst (1991 – 1994)
• Prepared monthly business review involving P&L and budget variance analysis
• Developed budget and various allocation methodologies
• Monitored and reconciled inventory, repo and reverse repo accounts
• Produced Risk Management Report and Inventory Pricing Report
• Prepared Net Capital Requirement (15c3-1) and Customer Protection Rule (15c3-3)
Fixed Income Administration – Sr. Financial Analyst (1988 – 1991)
• Analyzed P&L and budget variances
• Developed, maintained and refined expense methodologies
• Calculated and reported daily funding needs for trading positions
• Coordinated special projects and supervised three junior analysts
Mortgage Backed Securities – Sr. Accountant (1986 – 1988)
• Produced monthly business review
• Reconciled balance sheet accounts and assisted in month-end close
• Developed the P&L reporting format and reconciliation process
EDUCATION
Long Island University – MBA Finance
Brooklyn College – B.A. Economics
TRAINING
Getting Results Without Authority – American Management Association
Effective Time Management – Learning Tree Management Institute
Successfully Managing People - American Management Association
OPEX Certificate - Blue Belt (Six Sigma) - In House Course
ADDITIONAL SKILLS
Excel, Oracle, CODA, Hyperion Essbase, Word, Power Point, FISTS
ADDITIONAL INFORMATION
Notary Public, State of New York
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