Ladi Allen
**** ***** ****** ************ ** ****0
Email: ********@*****.*** Telephone: 267-***-****
Work Record
Job Title: Finance Director
Start Date: 06/01/2003 End
Date: Pending
Employer: CDA Inc, Trenton NJ
Responsibil Management of residential, commercial, construction
ities: mortgage loan consulting and financing service provider
via co-brokerage agreements with a number of financial
institutions. Identification purchase rehabilitation
development and portfolio management of investment
properties/assets so created. Designed and implemented
the accounts financial control and audit systems
including capital budgets fixed and variable cost
payroll payables and receivables. Oversight of all
general accounting and finance functions. Designed and
supervised the operational procedures for the fledging
construction merchandizing distribution and logistics
aspect of the business including its storage and
warehousing facilities. Managing about 20-25 core and
contract staff on multiple projects.
Job Title: Senior Pharmacy Analyst
Start Date: 09/01/2001 End Date: 06/01/2003
Employer: Horizon Mercy Inc (HBCBS Subsidiary), Trenton NJ
Responsibil Financial modeling and analysis of Medicaid HMO data to
ities: facilitate forecasting of pharmacy cost/revenue outcomes
and the attainment of budgeted and/or optimal Per Member
Per Month (PMPM) cost. Proactive identification of
contracting and cost reduction opportunities through the
continual review of Pharmacy expense profile. Management
of rebate contracts and vendor relationships with
various Pharmaceutical manufacturers, including the
negotiation of terms and performance caveats. Cost and
benefit analysis of all pharmaco-economic
activity/decisions relative to the 300,000 membership
plan. Annual quarterly monthly budgeting and forecasting
of key pharmacy cost and revenue parameters. Wrote the
formula for forecasting rebates within a 2% margin of
error window and supervised the accounting via monthly
accrual estimates for posting to the general ledger,
reconciliation and adjustment statements as appropriate.
Full responsibility for implementing rebate agreements
and ensuring compliance with the terms of the various
agreements, oversight of all related data requirements
on a monthly and quarterly basis (in line with NCPDP
standards/HIPAA regulations) and the maintenance of the
plans strategic goals and objectives. Chairperson of the
P&T financial sub-committee with active involvement in
formulary, drug utilization and other PBM decisions
including staff retraining instrumental in the shift
from an open and much abused formulary to a closed and
more efficient one.
Job Title: Financial Analyst (Consultant)
Start Date: 06/01/1999 End Date: 09/01/2001
Employer: GlaxoSmithKline, Philadelphia PA
Responsibil Financial and statistical modeling of data to facilitate
ities: trend analysis, forecasting and strategic product pricing
in order to gain favorable formulary positions for SB
products. Fluctuation and summary analysis of sales,
rebates and market share data by product and/or various
regional accounts. Analyzing and establishing product
pricing, discounts and rebates for the Physicians group
segment of the managed care division. Writing, implementing
and managing customized vaccine purchase contracts whilst
providing financial, technical and training support to a
145 member regional sales force. Quarterly review of
customer accounts for compliance and performance before
rebates are paid. Integral part of and liaison officer
between other team members in product management legal
sales marketing and customer satisfaction.
Job Title: Financial Analyst (Consultant)
Start Date: 06/01/1998 End Date: 06/30/1999
Employer: GE Financial Assurance, Trevose PA
Responsibil Updating and maintaining various client accounting
ities: records. Prepared and posted the necessary journal
entries to the general ledger on Oracle Financial
platform for premiums, commissions, accruals, fees and
other settlements on a monthly basis. Analyzed and
resolved the variance in budgeted versus actual
performance of designated accounts. Handled monthly and
quarterly close schedules for designated parent,
subsidiary and affiliate Profit/Loss accounts in a
timely and efficient manner. Production of various
reports for the use of clients, actuaries, senior
management and regulatory authorities.
Job Title: Branch Manager/Financial Analyst
Start Date: 01/02/1992 End Date: 01/31/1998
Employer: Merchant Banking Corporation/Paribas International
Bank(Affiliate)
Responsibil Managed and supervised the day to day running of a major
ities: branch. Head of the credit and marketing unit
responsible for establishing and maintaining business
relationships with large corporate entities and all
related lending decisions. Principal analyst for all
economic (micro and macro), industry, market, project,
financial statement, investment, funding and gap
analysis for the profit center of the branch. Credit
analysis and appraisal of requests for overdrafts,
international trade financing (conversant with various
types of letters of credit), equipment leases, term
loans, bankers acceptances, commercial papers,
receivables, inventory and other asset based loans.
Management of risk asset portfolio ($10-$25 million) and
treasury operations to fund the assets so created
including ROI/ GAP analysis for the branch. Budgeting
and forecasting of interest and other fee based income
and operations expense. Team member involved in various
process improvement projects with contribution in the
areas of risk assessment credit decisions as well as new
product development and marketing.
Education Record: BSc Economics (1991)
University of Ibadan, Nigeria.
Certified Management Accountant (1999)
Extensive hardware and software experience including Microsoft Windows
Office (word, excel, access, adobe, PowerPoint, Publisher) Dynamics GP,
SAP, Oracle Financial, Cognos Hyperion and various CRM/ERP business
platforms.