Management Accounts Payable

**** **** ***** **#* Tinley Park, IL ***** 708-***-****–Home 708-***-****-Cell

***********@*****.***

A challenging and rewarding position in all aspects of Accounting and Finance where a proven record of success will be utilized and further developed.

Career Summary:

Experienced leader with the skills to manage an organization's day-to-day operations, financial structure and ongoing corporate strategy.

Anticipate obstacles on the fast track and learn techniques to maintain career momentum.

Committed to excellence with strong educational background.

Employment:

Dec 2012- Oct 2015, VP of Finance, Equity Bank, Minnetonka, MN

Direct the implementation of corporate financial accounting and general ledger activities in order to ensure accurate measurement and recording of financial transactions so that accurate accounting information can be provided to assist management decision-making. Saved the Bank at least $1 million over two years by renegotiating several contracts and employed cost containment strategies.

Responsibilities:

Prepare monthly legal lending limit and capital calculations for the regulators and the Board of Directors.

Prepare quarterly regulatory reports.

Prepare quarterly Allowances for Loan Losses (ALLL) reports.

Purchase/Sell government securities (US Agencies).

Buying/Sell Securities (US Agencies, CMO & MBS)

Maintain Fixed Assets, Accruals and Prepaid.

Monitor Due from Banks, ATM, ACH, NSF & OD reports.

Payroll and Accounts Payable

Advertising Loan/CD’s rates on QwickRate and Rate Watch.

Accountable for the development and coordination of the bank’s internal auditing activities.

Supervised and conducted independent audits of bank records and activities, and prepared varied analysis of the departments, and branches for management.

Investigated and determined causes of irregularities, and errors.

July, 2010 – Dec, 2012, Independent Consultant

Assisting in setting up accounting functions for Local Small Business. Developed and managed external financial relationships (e.g., banks, insurers, IRS). Performed A/P functions and set up inventory control procedures. Trained owner’s in best accounting practices and procedures to have up to date record keeping.

Responsibilities:

Successfully managed Purchasing, Inventory and warehouse operations through development of new methodologies for procurement and inventory management of all raw, manufactured and purchased materials.

Continually worked closely with all departments, vendors and suppliers to reduce costs, increase efficiency and profitability through negotiating new transportation, and supplier contracts and pricing agreements.

Aided in the selection, testing and successful implementation and training of the company’s Software package while designing all warehouse and stock areas for maximum efficiency, asset protection and inventory management.

Prepare quarterly State Regulatory Reports.

April, 2004- Dec, 2009 CFO, United Trust Bank, Bridgeview, Illinois

Responsible for all financial activities of the bank and holding company, including internal management reports, external regulatory reporting, and balance sheet management. Supervised daily work implemented and monitored cost control strategies. Saved the Bank at least $3.5 million over four years by renegotiating several contracts and employed cost containment strategies.

Nov, 2001-March, 2004 Controller, United Trust Bank, Bridgeview, Illinois

Responsible for the following functions:

Accounts Payable & Payroll

Reconcile due from banks and the entire General Ledger & ATM.

Prepare monthly legal lending limit and capital calculations for the regulators and the Board of Directors.

Preparation of annual budget and tax-related reports.

Prepare quarterly regulatory reports (TFR, CMR & COF) for the bank and holding company.

Make out daily Liquidity Position (Fed Funds Sold/Purchase)

Maintain Fixed Assets and Depreciation.

Verify Outgoing/Incoming Wire/Prepare Broker CD’s Maturity Schedule

Prepare quarterly Allowances for Loan Losses (ALLL) reports.

Purchase/Sell government securities (US Agencies).

Combined the activities of the various functional areas of the business to achieve organizational objectives.

Accountable for the development and coordination of the bank’s internal auditing activities.

Supervised and conducted independent audits of bank records and activities, and prepared varied analysis of the departments, and branches for management.

Investigated and determined causes of irregularities, and errors.

Sept, 1999 –Nov, 2001, Assistant Controller, Highland Community Bank, Chicago

Responsible for the day-to-day accounting activities, including funds flows, payable and receivables, correspondent relationships and payroll Supervise daily work and monitor cost control activities and implement cost control strategies, also responsible for financial analysis, cash management and forecasting. Saved the Bank $12 million by clearing numerous outstanding items that were to be charged off and creating new procedures for balancing the due from accounts; supervise the following accounting functions:

Maintain Incoming/Outgoing Wire

General Ledger Reconciliation

Reconcile due from banks & prepare FRB 2900 reports

Responsible for Payroll and Accounts Payable

Preparation of Financial Statement

Manage Bank Interest Rate Risk

Education:

Master of Business Administration from Chadwick University, Birmingham, Alabama, USA in 1990

Master of Science in Statistics from University of Karachi, Pakistan in 1982

Bachelor of Science (B.Sc) Honors in Statistics from University of Karachi, Pakistan in 1980

Computer Skills:

Quick Book

Compass(Plan Smith) for Business Plan

Microsoft Office: Word, Excel, Outlook & Access

AS400-CIF 20/20- Jack Henry System

Citizenship: United States of America

References: Available upon request

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