Risk Management, Insurance, Compliance, Financial Reporting
Resume:
CHERYL E. ROMEO, CPA, ARM,
IL LICENSED P&C INSURANCE PRODUCER
Naperville, IL 60540
e-mail: ************@*****.***
www.linkedin.com/in/cherylromeo
CORPORATE RISK MANAGEMENT
Accomplished CPA and financial manager that can articulate and implement
the pillars of an effective enterprise-wide risk management infrastructure
to ensure the safety, reputation and financial well-being of an
organization.
Highly regarded for developing and launching complex corporate risk
management systems in heavily decentralized models that cross over business
segments. Keen understanding of planning and directing annual risk
management work plans and budgets by teaming with cross-departmental
leadership to mitigate safety, security and emergency risk-reduction
projects..
Senior accounting practitioner, with well-developed acumen in both private
industry and Big 4 (KPMG) public accounting. Deep knowledgebase in audit,
tax, revenue/expense forecasting and system controls. Industry expertise
includes: Healthcare, Government, Consumer products, and Service related
businesses.
-DOMAIN EXPERTISE/ SKILLS
Workers Compensation Professional Liability/E & O
Commercial Property Insurance
D & O Insurance Entity &Third Party
Employment Practice
Fiduciary & Crime Privacy & Cyber
Surety & Fidelity Bonds
Contractual Risk Litigation Management
Incident Management
Claims Management Corporate Compliance
Risk Assessment
Financial Analysis Budgeting
Corporate Communications
PROFESSIONAL EXPERIENCE
SYMBRIA, INC., Oak Brook, IL
2003-2014
National developer and provider of outcome based healthcare and lifestyle
needs for seniors.
Risk Manager
Promoted to spearhead development and implementation of enterprise-wide
risk management function.
Key Accomplishments:
. Built from the ground up a series of comprehensive risk management
programs which
created safety awareness, reducing workers compensation claims by 30%
and professional
liability incidents by 30%.
. Launched employee continuing education plan on discrimination, HIPPA,
confidentiality
in the workplace, and workplace safety to minimize
risks/safety concerns to enhance company's
reputation.
. Minimized financial exposure associated with unexpected liabilities by
identifying
insurance gaps and purchasing insurance to transfer risk of
multi-million dollar claims.
. Consolidated individual business segment insurance policies yielding
30% premium cost reduction.
CHERYL E. ROMEO
PAGE 2
. Received top honors from Millennium Captive insurance program for
safety, lost work days, total OSHA recordable and DART rate in 2013.
. Established workers compensation risk/retention controls yielding
$500,000 return of premium for 2012 and 2013.
. Adopted proper financial protection measures through risk transfer,
avoidance, and retention programs.
. Developed and updated a reporting system for recording, monitoring,
and communicating KPI's to senior management.
. Participate in contract negotiations involving insurance, indemnity,
and other risk assumptions prior to the execution of contracts.
. Select and manage insurance brokers, carriers and other risk
management service providers.
. Launched in-house multi-state corporate and tax compliance reporting
structure, eliminating third party administrators, while mitigating
risk of being administratively dissolved.
Senior Accountant
Responsible for financial analysis and reporting, tax filings, payroll
reporting, and accounts payable for Symbria and eight multi-state
subsidiaries.
Key Accomplishments:
. Prepared tax returns for local municipalities resulting in 20% savings
on KPMG tax fees.
. Implemented GAAP for inclusion of taxable employee expenses and
benefits to employee gross income.
. Instrumental in financial analysis and forecasting for annual budget
development, which shortened budget process from four months to two.
. Assumed a lead role in interfacing with annual auditors.
. Trained and managed new staff in all accounting functions.
. Authored financial policies and procedures for best practices
resulting in company-wide adherence and employee accountability.
Also held progressive private industry and public accounting roles at the
following companies.
POPEYES FAMOUS FRIED CHICKEN AND BUSCUITS, New Orleans, LA
Assistant Controller
Managed accounting function for $900M restaurant chain, including staff
accountants and support staff.
PEAT, MARWICK, MITCHELL & CO-PARTNERS, New Orleans, LA
Audit Staff Accountant
EDUCATION AND PROFESSIONAL DESIGNATIONS
-University of Louisiana at Lafayette
-B.S. Business Administration: Graduated Cum Laude
-Certified Public Accountant
-Associate in Risk Management
-IL Licensed P&C Insurance Producer
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