Ann Ruddy-Marques

C: 860-***-**** acyg4h@r.postjobfree.com Hamburg NJ 07419

FINANCIAL AND ACCOUNTING PROFESSIONAL

An innovative accounting and financial professional who devises winning strategies that reduce expenses, improve effectiveness, and enhance staff capabilities. A strong team leader who identifies opportunities to improve effectiveness, secures buy-in from stakeholders, and empowers staff to create and execute successful solutions. Robust technical skills coupled with in-depth knowledge of financial reporting, internal controls, general accounting and system design and reporting tools such as Oracle, Access and SQL. Directed the Managed Care Healthplan reporting processes which included, financial and general ledger reporting, balance sheet and income statement analysis and statutory reporting.

CORE COMPETENCIES

Certified Public Accountant

Team Leadership

Analytical Thinking

General Ledger

Expense Reduction

Strategic Alliances

Process Improvement

Financial Analysis & Reporting

Oracle

Project Management

Healthcare Operations

Audit Controls

PROFESSIONAL EXPERIENCE

CIGNA, INC. (Hartford, CT)

Cigna is a global insurance company offering a range of diversified insurance products including healthcare with 30,000 employees worldwide.

Financial Analysis Manager - Pharmacy, Cigna Healthcare Inc. 2013 - 2016

Quickly obtained knowledge of the Pharmacy Finance monthly reporting process and rapidly added value to team and was sought out by others for advice and solutions.

Drove improvements to the current monthly legacy reporting process to enable a more efficient and timely financial reporting process. This reduced the preparation time by 30% and allowed for meaningful variance analysis

Designed the Catamaran monthly reporting process to ensure it met the needs of Accounting business partners to support their monthly reporting process.

Due to the loss of a key member of the team, stepped into supported rebate sharing payouts to fill a critical gap. Supported client managers in answering client’s questions about their Pharmacy Shared rebates and ensured appropriate payments were processed.

Accounting Business Project Manager, Cigna Healthcare Inc. 2006 – 2013

Very knowledgeable of Statutory, GAAP, General Ledger and Financial Reporting processes which enabled the confidence that enterprise-wide projects assigned were effectively designed tested and implemented meeting Accounting requirements.

Drove the successful completion of the implementation of the accounts receivable and financial reporting accounting process for an external vendor through collaboration, determination and effective management. This enabled Cigna to timely enter individual and small business market and allowed company to successfully enter the healthcare exchange market.

Key contributor on a cross divisional team that designed and implemented a new account receivable financial reporting platform. Considered the expert on the current accounts receivable financial reporting process and heavily relied upon by peers for answers and direction for the new design to be implemented late in 2013.

Drove the completion of a controlled migration plan of a complicated Accounting process which will move the current accounts receivable balances from one accounting receivable platform to a newly designed accounting receivable platform.

Business Manager, Cigna Investment Accounting 2005 - 2006

Shortened the monthly close process by 30% by working closely with a team to redesign cross-divisional investment allocation process that corrected control deficiencies.

Managed Cigna Investments Securities Systems project to ensure appropriate delivery to State Street Bank.

Led major cleanup initiative for Investment Accounting Ledger to ensure proper reporting of investment accounting results.

Created accounting procedural documents that indentified idiosyncrasies of the Cigna accounting/ledger process that drove the successful link between State Street bank and Cigna.

Designed security accounting mapping and accounting processes which drove the successful conversion of year end balances to the State Street System.

Lead Business Process Consultant, Cigna COLI 2003 - 2005

Redesigned the variable annuity accounting and financial reporting process, reducing quarterly financial statement preparation time by 50%, Produced audited financial statements for a variable annuity product with an 80% reduction in audit comments.

Redesigned Cigna Separate Account Financial reporting process to ensure proper accounting controls, educated staff, and reduced statement preparation time by 15%.

Manager Underwriting Specialty Products, Cigna Healthcare 2001 - 2002

Maximized value to customer and clients of Cigna by assisting a team in bringing two new solutions to market. Enabled Cigna to more effectively underwrite medical products in a more cost effective and profitable manner.

Improved close ratio from 13% to 27% for pharmacy plan by analyzing performance information of 22 prospects, ranging from 1,500 lives to 40,000 lives, including pricing strategies and competitive information.

PRIOR CIGNA EXPERIENCE

Manager Tax and Financial Reporting, Retirement & Investment Services

Managed staff of 11 with responsibility for processing cash receipts, maintaining financial controls of cash disbursements, suspense account reconciliations and processing tax payments.

Identified reconciliation data issues for which special detective controls were required that became an integral part of the current reconciliation process.

Assistant Manager Internal Audit, Cigna Healthcare

Supported the execution and planning of the Cigna Healthcare (CHC) divisional audit plan which focused on high-risk areas and resulted in management taking action to correct significant deficiencies.

Planned and executed 5 to 7 operational and financial audits each year, which resulted in the development of a reconciliation process to strengthen controls for payment of commissions to sales representatives and the creation of process flows including identifying control weaknesses.

Supervised and evaluated staff auditors.

Various Senior Accounting and Managerial Accounting positions

OTHER EXPERIENCE

AT & T – Assistant Manager, International Accounting, Staff Supervisor, General Accounting

CIT - Senior Accountant, Accounts Receivable

ACADEMIC PROFILE

Bachelor of Science and Business Administration in Accounting, Valparaiso University, Valparaiso, IN

NJ CPA Certification

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