Controller

Jacek P. Drozda

PROFESSIONAL EXPERIENCE

Controller, PPNC (Non-Profit)

Aug 2013 - Oct 2013

Hempstead, New York

. Design using macros in excel medication inventory schedules for three

locations to keep track of the drugs and medical procedures used. Ensure

that the ending inventory balance matches the beginning opening balance

of the next period and it reconciles to the general ledger. Worked with

the CFO, senior accountant and the billing clerk to implement new

schedules and procedures.

. Interact with the President and the directors to prepare profitability

graphs and charts for the monthly board meetings.

. Prepare payroll, operating budgets for the federal and state grants.

Interact with the senior staff to ensure that all the budget figures are

accurate and submitted timely.

. Review balance sheet. Oversee investment accounts, operating and non-

operating accounts to ensure that the balances reconcile to the general

ledger.

Controller (Associate), CIBC-INVESTMENT BANK

Aug 2007 - Aug 2013

New York, New York

. Oversee 461Million in leases that include airplanes, railroad trains.

Ensure the correct balance sheet as well as P&L is properly recorded. Run

hedge effectiveness models to make sure that Fair Value hedges properly

mitigate the change in loans (80%/125% rule). Properly record basis

adjustment.

. Assisted in billing duties and accounts payable functions.

. Oversee P&L processes and reporting for Real estate Finance - Mortgage

Backed Securities.

. Design and implement Sarbanes-Oxley Act internal controls to ensure that

sub-ledgers are properly reconciled with the general ledger system and

support executive director with audit inquiries for Real Estate, Debt

Capital Markets and Asset Securitization. Oversee fixed loans and float

loans for the Real Estate book. Ensure that trading and non-trading loans

are reported properly

. Restructure existing controls developed by CIBC for Debt Capital Markets

to increase the efficiency and accuracy of testing performed

. Use Essbase pull to prepare and review Daily Asset Securitization P&L

multiple loans as well as Debt Capital Markets P&L mostly fixed income

securities. Oversee proper recording flow of numerous loans from the sub-

ledgers to the general ledgers and management reporting. Ensure that

daily net interest margin (NIM) is properly calculated.

. Report P&L for derivatives - Cash flow Hedges and Asset Basis Swaps on

Daily Asset Securitization book.

. Record Entries for FASB 133, 91, 115 and accruals.

. Provide calculations for Hedge level effectiveness - Swaps (Fixed vs.

Float).

. Prepare Reverse Repos and Repos spreadsheet for regulatory reporting.

. Handle analysis of revenues, expenses, daily revenue estimates and

prepaid accounts.

. Review financial statements for illogical balances, omissions and errors.

. Implement changes to US business Finance manual as per Executive

Director's request.

. Approve wire payments and invoices to the vendors in the amount of

$100,000.

. Interact with multi vendors to ensure that all the payments have been

made and are accrued in accordance to GAAP.

Senior Accountant, RELATED MANAGEMENT

Feb 2004 - Aug 2007

New York, New York

. Review work of accounts payable clerks, Bank Reconciliation associates

and Junior Accountant

. Prepare and review audit work papers, quarterly financial statements,

Bank reconciliation's, variance reports, vacancy reports, prepaid real

estate taxes, insurance, management fees schedules. Oversee residual

receipt, reserve replacement, insurance and taxes escrow balances.

(Lawson).

.

. Assisted in billing duties and accounts payable functions.

. Prepare Cash flow statements for the buildings with outstanding open

payable report. Interact with property managers, district managers and

regional vice presidents to determine which vendors to pay and what

actions need to be implemented to improve the operations of the property

. Approve payments to vendors in the amount not exceeding $5,000

. Prepare budgets for 15 residential properties

. Took a significant role in the refinancing process as well as sale of two

buildings

. Interact with auditors to ensure that proper documentation is given to

them and any questions addressed accordingly in a timely manner

Accountant, STERLING EQUITIES

Apr 2003 - Jan 2004

Great Neck, New York

. Reconciled 150 corporate accounts using Yardi Enterprise - checking,

money market, reserve replacement and working capital accounts

. Posted J/E to record amortization expense, deferred, organizational

costs, depreciation expense and mortgage interest expense for the real

estate properties

. Handled monthly reporting for 14 residential and 1 commercial property

. Reviewed and prepare work papers and assist in preparation of internal

and external reporting.

. Prepared consolidations and financial statement analysis

. Generated cash position, budget variance, budget comparison, Income

Statement, Budget detail and capital improvements using Yardi Enterprise

. Generated the Lenders statement for the bank to ensure that properties

have enough funds available to pay debt obligations

. Performed gross potential reconciliation to account for number of vacant

units in the building, actual charges and concessions given

. Responsible for uploading the trial balances into the Yardi system and

ensuring that all the entries are correct

Associate, KPMG (Forensic Department)

Feb 2001- Jan 2003

New York, New York

. Generated customized lease, finance and depreciation expense worksheets

. Identified fraudulent activity through asset identification, cash flow

and analysis by conducting civil or criminal research and analyzing

fiscal and public records

. Audited diverse portfolio including HSBC, AT&T, Yakult, and Tyson

. Created and implemented databases and systems to maintain consistency in

financial profiles of individuals and corporations

. Produced litigation reports to recreate financial outlook based on court

transcripts, public records, and records seized during search warrants

. Prepared proposals for engagements using charts highlighting litigation

history

EDUCATION

Master of Arts in Accounting

Queens College, the City University of N.Y. 2006

Bachelor of Arts in Accounting

Queens College, the City University of N.Y. 2001

PROFESSIONAL LICENSES

. Member of Institute of Management Accountants - Present

. Associate member of the Certified Fraud Examiner's Association - 2002

. Recipient of Best Employee Award - CIBC for the Quarter ending in January

2009

. Swap course certificates as well as Tier one and Tier two certificates

received from New York Institute of Finance 2008-09. Financial Strategy

Certificates - 2009

Contact this candidate