Management Accounting

William R. Jeremias ********@***.***

** ****** ****** ****: 914-***-****

Yonkers, NY 10704 Cell: 914-***-****

PROFILE

Detail oriented and driven Financial Professional with extensive background

managing accounting, operations and financial reporting within the

financial industry. Expertise in developing financial strategies and

internal controls to mitigate risk, ensure regulatory compliance and drive

profitability. Strong leadership skills: adept at working across all

levels of corporate environment, and seeing big picture. Knowledgeable of

GAAP, regulatory pronouncements and possesses an excellent general

accounting background. Proven success in consistently meeting reporting

deadlines under the most challenging circumstances. Key strengths include:

Regulatory / Management / Board Reporting Financial Analysis and Forecasting

General Accounting / Budgets / Analysis / Financial Reporting Systems

Prepaid / Accruals

Risk Mitigation and Internal Controls Accounts Payable / Fixed Assets

Reconciliations Consumer Credit / Mortgage / REIT

Investment Accounting Policy and Procedures

PROFESSIONAL EXPERIENCE

CHINATOWN FEDERAL SAVINGS BANK

2010--CURRENT

Vice President

Report to the CEO while working closely with the President on numerous

projects and functions that cross all department lines (Accounting,

Finance, Lending, Operations, Branches, Facilities and Compliance).

Upon arrival changed the reporting process and cut 10 days off the cycle to

complete the monthly financials.

Converted the TFR to the Call Report prior to the June 2012 requirement.

Set up the Liquidity and Contingency Funding reports and scenario to

satisfy OCC requirements. I.R.R. followed and we now use GPS services to

feed assumptions into. Help the loan area to understand their role in the

Stress Testing and Global Risk Analysis that they need to follow. Set up

ALLL reporting, meeting all the criteria regulators are looking for with a

smooth flow from the criticized loan review to historical and environmental

parameters.

Liaison with OCC (obtaining 1 & 2 ratings) during my time here (team

effort), external auditors with complements on accuracy, efficiency in the

data presented to them in a timely fashion. Clean audits by the IRS on 2

exams. All data found to dispute any questions and no past taxes or

violations found.

Coordinated "To Do" Project reporting to aid department managers in setting

meaningful targets and crossing department lines to succeed with projects.

Looked at ways to reduce spending including the reduction of paper by

greater electronic reporting within the bank and external (includes

analysis, trends).

PREVIOUS EXPERIENCE

BNY Mellon, New York, NY 1992 - 2010

Vice President, Controller

Reported to the CFO and Budgeting Director with primary financial

responsibilities for multiple subsidiaries with $8B or greater in assets.

Directed teams up to 60 financial professionals in various roles. Managed

financial operations including budgeting, forecasting accounts payable /

fixed assets, analysis and reporting to Directors and Senior Management.

Partnered with tax and compliance departments to ensure regulatory

compliance and effective financial strategies to optimize tax position.

. Directed accounting activities of the network of management units within

the subsidiaries enhancing existing subsystems and implementing new

effective, efficient systems. Conducted "Top-down" and "Bottom-up"

budgeting and analysis to ensure accuracy and compliance.

. Charged to identify and assign responsibility for resolving discrepancies

and maintaining future transactions for all subsidiaries with outstanding

balances of millions of dollars. Assigned reconciliation / clearing

responsibility to positions within business units as focal points for

external / internal auditors to sample throughout all relevant corporate

entities. Generated a process that implemented stronger controls over

Inter-company transactions and spot assets and liabilities. This led to

accurate balance sheets, reduced inflated numbers.

. In wake of economic turmoil and dropping interest rates, created a

process for company subsidiary, Real Estate Investment Trust (REIT), to

buy mortgage assets from one of our banks.Hypothecate them and as a

result, the bank kept the client relationship, and REIT received mortgage

interest of $10.4M and tax benefits of $858K.

. Assigned by CFO and external consultants to serve on team establishing

controls for insuring accuracy in SEC financial reporting within Other

Asset and Other Liability accounts with both "Sox" and external audit

issues in 2008. Matrix of companies, accounts and management units had

exposure of 11,000 "units", with balance sheet exposure in billions of

dollars. Team instituted strong procedures and controls to complement

monthly "Proving & Aging" process, leading to 98% compliance and

accountability by all units within the organizations.

. Created REIT subsidiaries allowing movement of mortgage assets and

utilization of NYS tax credits. This created multiple NYS tax benefits

on the order of hundreds of millions of dollars since inception.

. Developed General Ledger user manual to provide brief definitions, usage

options and account locations within Corporation Reporting structure.

Manual aided both annual and monthly budget reviews, as well as other

analytical reports required by Senior Management. This saved significant

time in reconciling business unit account line balances.

. Challenged the sampling methodology of New York State Sales & Use Tax

Audit covering an extended time period and encompassing various

acquisitions. Reduced tax and penalty exposure dramatically.

. Assigned by senior management to utilize financial data in price setting,

productivity and performance measurement, product profitability and other

key decision-making activities in light of the current downturn in

economic climate. This led to elimination of key consumer products and

eventual exit from Retail Business just prior to collapse of industry,

successfully positioning the bank to navigate through these challenges.

. Chaired various steering committees within the Bank and served as

Director for a number of subsidiaries of the Bank.

BARCLAYS BANK OF NEW YORK,

New York, NY

Vice President and Controller

. Instrumental in Merger & Acquisition strategy that grew the business from

$500M to $4B in assets.

. Started with the bank as a Staff Accountant progressing to Senior

Accountant, Assistant Treasurer and Assistant Controller positions.

HERMAN VOLK & CO. CERTIFIED PUBLIC ACCOUNTANTS

New York, NY

External Auditor

SOFTWARE: Excel, PeopleSoft, MSA, FXSO, SunGard Intrader, C3IMS, AFS

EDUCATION AND PROFESSIONAL DEVELOPMENT

. BBA., Accounting, Iona College, New Rochelle, NY

. Leadership and Management Development

. Tax Compliance (Peat, Marwick)

. Regulatory Compliance (OCC,FRB,FDIC courses/webinars)

. Accounting Compliance(KPMG, E&Y and internal training )

MILITARY

U.S Naval Forces

COMMUNITY INVOLVEMENT

. Director and Coach Youth Basketball in Yonkers and Bronx communities

through the Westchester Catholic Sports League, CYO and Wood-lean Boys &

Girls Club.

. Led fund raising effort and events to replace equipment in the gyms.

. Mentored many young adults to develop educational and career goals for

personal success.

Contact this candidate