Manager Accounting

MOHAMED A. ISHMAEL

*** ********* **** • BROOKLYN, NY 11218

home Phone 718-***-**** • Cell 646-***-**** Email *******@***.***

PROFILE

Dedicated, hard-working Accounting professional with 15+ years of progressing financial responsibility.

Highly organized and detail oriented with exceptional analytical and organizational skills and a record of accomplishment for getting the job done.

Self-motivated, goal-oriented and able to work independently with little or no supervision.

Effective in resolving issues through creative solutions, strategic planning and project management.

Hands-on experience includes Financial Statements, Revenue, A/R, Cash Management, A/P, Payroll, Purchasing, General Ledger, Budgeting and Plant Fund Accounting.

PROFESSIONAL EXPERIENCE

03/10-Present

05/07 – 03/10

09/04-05/07

7/95-09/04

University Physicians of Brooklyn, Clinical Practice Plan

CFO

Responsible for planning, organizing, and directing all aspects of the finance department and the fiscal functions of the organization in accordance with GAAP and fiscal management techniques and practices appropriate within the healthcare industry.

Responsible for all General Accounting, Payroll, Accounts Payable, Budgeting and Reporting functions. Annual

revenue of $75 Million.

Coordinate with 15 clinical departments to ensure a smooth monthly and annual financial close.

Responsible for the budget development, implementation and monitoring. Analyze and present budget analysis and financial reports and assist the Executive Director, Board of Directors and senior managers in managing their responsibilities.

Manage all relations including banking, audits, IRS, insurance and employee benefits.

Ensure the implementation and compliance with internal controls for all financial and budgetary matters.

Authorize all AP payments. Approve all Journal entries. Review and signoff on all bank reconciliations.

Approve all wire transfers for internal departments and external vendors.

Review on a monthly basis, financial statements of all clinical and administrative departments.

Prepare and present financial statements and analysis with commentary to the Executive Committee and Board of Directors.

Manage the Financial Statement, Agreed upon Procedure and WC audits.

Supervise a staff of 4.

Columbia University Faculty Practice Organization

Director – Finance

Responsible for the accounting and reporting of the Faculty Practice Office (FPO) with an annual budget of

$125M

Responsible for the valuation of Patient Accounts Receivable at divisional and enterprise wide levels. (Gross of $300M +and net of $80M)

Responsible for the Malpractice Insurance premium payments, recoveries, receivable and liabilities. ($35M)

Prepare Income Statements and cash reports at divisional and enterprise wide levels. ($480M 2009 revenue budget)

Prepare financial packages for the CFO and Board of Directors.

Prepare/analyze accrued receivable, liabilities and changes in fund balances.

Prepare, analyze and record the FPO assessment income.

Work with divisional administrators to improve accounting and reporting processes.

Worked closely with external auditors PWC, ensuring timely deliverables and commentaries.

Prepare commentary and analysis with respect to the FPO and Clinical Departments.

Extensive amounts of ad-hoc reporting and analysis.

Supervise a staff of 3

WellPoint Inc. - Empire Blue Cross Blue Shield

Manager - Corporate Finance Department

Manage monthly close (5 business days). Manage a staff of 3. Prioritize and ensure all timelines are adhered to.

Generate Financial Statements using Hyperion Essbase.

Responsible for the accounting and reporting of premium, claims, reserves, accrued liabilities and receivable for a selective business. Approximately $1.1 billion in premium.

Detail product and sub-product level profitability analyses including PMPM reviews and analysis.

Preparation of reconciliation, analysis and rollforwards of accrued liabilities and receivables.

Initiate, coordinate, and follow through on resolution of account and system issues.

Ensure Sarbanes-Oxley compliance for journal entries and account reconciliation documentation. Provide all necessary support per external auditor’s requests.

New York University Hospitals Center/Hospital For Joint Diseases

Manager - Revenue Integrity & Analysis Department

Worked with department’s senior leadership in implementing strategies to enhance revenue integrity.

Managed monthly close. Implemented new techniques to report revenue and receivable by automating.

Performed extensive revenue and accounts receivable variance analysis and statistical computations.

Reported revenue in excess of $550 million annually, compare to plan and forecast and provided commentary and analysis to explain variances and fluctuations.

Assisted in the preparation of revenue budget and provide support as needed to our primary auditors.

Managed check disbursements totaling $7 million

Designed and implemented effective payment schedules and negotiate credit hold releases with vendors.

Performed wire transfers to fund payroll accounts, pay taxes and 401k liabilities.

Responsible for an annual payroll of approximately $60 million. Supervise a staff of two.

Responsible for Federal & State taxes, annuities, wage garnishment and union benefits.

Prepared bank reconciliation, bad debt analysis, vacation accrual analysis, journal entries and special projects.

Worked with A/P and Purchasing departments to identify purchased asset for inventory and depreciation purposes.

EDUCATION

2004-2005 Passed 3 Parts of the CPA Exam

2001 New York University-Stern School of Business

Bachelor’s Degree, Accounting

PROFICIENCIES

Windows, MS Office (Word/Excel/Outlook/PowerPoint/Access), PeopleSoft, Hyperion, Oracle, ACPAC, Lotus Notes/123, IDX, COGNOS Powerplay, Sametime, Crystal Reporting, Ceridian Encore Payroll Software, etc.

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