JEFFREY A. PRESCOD

ad2ajx@r.postjobfree.com https://www.linkedin.com/in/jeffreyprescod6610 Tel: 646-***-****/862-***-****

SENIOR PROFESSIONAL FINANCIAL ACCOUNTANT/ANALYST/BANKING OPERATIONS

KEY ACCOUNTING & OTHER CORE AREAS OF EXPERIENCE

Financial Statements & GAAP principles/Applications

Final Account prep/analysis

Operations P/L Analysis

G/L; Sub-Ledger Recon.

Expense A/C Analysis/Recon

Bank/Cash Reconciliations

Project Accounting

Cost Accounting/Pricing Revenue/Profit. Analysis

Revenue Recognition

Cost control/P&L Analysis

Royalty calculations/accounting

A/R & A/P Management Functions Management Accounting/Reports

Fixed Assets Accounting

Fixed Assets Audit Schedules

Amortization Schedules/Entries Prepayments/Accruals

Variance Analysis/Computations External Audit Engagements Inventory Y/E Costing procedures

Revenue Accounting

Internal Audit functions/controls

Cash Flow Analysis/Preparation

F/X Pay./Wire Payments Ad Hoc Reporting/Duties

Consolidation Accounting

Inter-Company Accounting.

Deferred Exp. Write-Offs

Month-End/Year-End Close Back Office Operations Accounting Year-End Accounting Adj.

Journal Entries (M/E & Y/E)

Cash/Treasury Mgmt. Functions

Inventory Control

Construction Accounting

COMPUTER SKILLS/OTHER TRAINING:

H&R Block Income tax Course (Tax Theory and Return Preparation)

Spreadsheet Applications, MS-Office Suite- Access (Database), Word, Excel, (Usage of Macros, Pivot Tables, V-Look-Up etc.), other PC Software Applications. (D.O.S. commands etc.). Lotus 1-2-3 Smart-suite (all modules)

Expert use of a plethora of software accounting packages (single phase and/or integrated) viz. Peachtree, DAC-EASY, ACCPACC, REALWORLD, ELITE and SUNSYSTEMS software packages. Oracle G/L Accounting Software, Skyline Property Management Systems Software (2015 Ver.); FRX Fin. Statement Preparer/General Ledger MISYS (Corporate/Investment Banking) Loan IQ/Trading Systems Software (LS2). SAP FICO (Modules Finance & Accounting)

Other DATABASE applications

Advanced Mathematical/Quantitative/Statistical skills and practical applications.

IT/Project Management (Certificate/NJIT)

More than a passing familiarity with Form IRS 990 (Charities etc.)

PROFESSIONAL EXPERIENCE/ACCOMPLISHMENTS

Consultant Freelance Tax Preparer 2009 - Present

Consultant (Tax & Accounting Services)

Provided and performed tax preparation and filing duties for individuals every tax season (annually)

Organized and and advised clients on relevant record keeping.

Provided some general accounting advisory services to all clients

Completed and filed all tax returns successfully for clients

Dealth with all IRS queries on behalf of clients

Ayson Realty 06/15 – 09/15

Consultant (Accountant/Property Management)

Hired primarily as a systems troubleshooter and researcher for their recently installed Property Management Software usage (re: SKYLINE Property Management software)

Added extensive experience accounting for fixed assets and fixed assets management etc. (new purchases/additions; disposals; write-off’s; depreciation/amortization schedules).

Performed several management functions concerning over 600 multi-level apartments available for rental (1&2 bedrooms) across properties held in NY and NJ.

Managed the availability of rooms; move-outs; move-ins; lease renewals ; rental billing etc.

Solved systems glitches and other software usage problems daily

Tracked and kept abreast of general occupancy information, management of the specific occupancy rules, garage/parking management and monthly billings etc.

Analyzed, Initiated and entered timely periodic accounting journal entries and adjustments.

Jeffrey A. Prescod Professional Experience/Accomplishments ….cont’d Page 2

New Jersey Transit Treasury Department (Cash Management) 07/13 – 01/14

Consultant (Accounting/Cash Management)

Recruited to asume the duties of the Cash Management Supervisor temporarily.

Produced all electronic banking reports (bank statement s etc.) from all the financial institutions (per NJ Transit) on a daily basis for analysis and review with garage/depot records of prior days activities (lodgements etc.). Investigated any anomalies arising, and subsequently produced all exception reports.

Ensured all deposit ítems were accounted for completely on a daily basis.

Investigated all other open ítems remaining (deposits & adjustments) – journal entries made accordingly.

Accounted for all ‘Book Transfer Credits’ on Bank Report for posting

Identified all TBM (Ticket By Mail)/Corpporate Transfers transactions for posting

Ensured all deposit corrections are made on a timely batch basis.

Accounted for all Bill/ Coin Adjustments (Exact Fare/Full Service)

Initiated and resolve all Bank Investigations when necessary (re: Open Items discrepancies and adjustments)

Distributed to Revenue Department Over/Short Sheet weekly report.

Managed the daily distribution of ‘change’ to all the NJ transit Rail Stations/Bus Garages.

Deutsche Bank - (Global Loan Operations: Accounting & Control) 10/06 – 12/08

Operations Officer/ Accountant/Trade Syndication Support-Back Office

Recruited primarily to work with Front Office Operations re:TRS (Total Return Swaps) trading desk, in providing trading and syndication support/ results;portfolio management; BAC support including MRP and P&L recognition. Maintained the P&L process primarily for the Distressed Debt & Latin America Distressed Loans trading desk and other trading books. Liased with front office support staff; Assisted the Par Desk on occsion in producing and adjusted P/L Reports;Produce trading end-of-day P/L estimates; Maintain delayed compensation process; Special projects as available. Syndication and Support re:Fee Recognition; Portfolio Management; BAC support including P&L Reconciliations; Allocation of all finalized end of day trades; Re-marking/pricing all end-of-day final trade positions; Producing all P/L Reports and daily exception reports associated with the days trading activity for distribution to the trading desk- BAC (Business Area Control). Detailed responsibilities included:-

Allocation of all finalized end of day trades on a daily basis, collaborated and liased with front office support staff daily.

Produced trading profitability estimates report nightly for next day trading opening position.

Maintained and accounted for the delayed compensation process. Made subsequent Journal entries where applicable.

Repriced and marked all end-of-day trades; produced all morning line P/L Reports and daily exception reports associated with the days trading activity for distribution to the trading desk- BAC (Business Area Control)

Performed similar trading duties with other desk (eg. Fixed Income Prime Brokerage –FIPB, Par etc.)

Achieved maximum efficiency, accuracy and timely results (100%) in allocation on all trades and the production of all reports to BAC personnel.

Performing accounting and other functions as they related to the various trading desks in a team settings, within the Global Loans Operations Division. Risk books involved included – Distressed Debt,, FIPB, GPS, SCF and SCT.

Assigned the responsibility for the preparation/analysis using MS-Access produced dailiy morning line P/L Reports (results and positions) in addition to the reconciliation of the associated Interest & Fees (Accruals etc.). for distribution to the trading desk – Entailing the troubleshooting and correction of data items associated with trading line ítems within the Database (MS-Access) for the various risk books assigned (viz. Par,Distressed Debt/Distressed Debt Latin America etc.).

Prepared daily Exception Reports (as per risk book) for distribution to the following desk:

Total Return Swaps (TRS); Global Prime Services (Synthetic Equity) (GPS); Fixed Income Prime

Brokerage (FIPB) ; Structured Credit Finance (SCF); Structured Credit Trading (SCT) Leveraged Finance

Performed all trade allocations/closings and exception reporting of pending allocations in a timely and accurate manner, for the following desks:- Distressed Trading; Latin America Distressed Trading; Global Prime Services (GPS), FIPB, SCF & SCT.

Initiated for approval General Journals relating to adjustments/corrections in respect of Delayed Compensation (payable/receivable) Fees Held and other P/L items etc that affected final trading positions.

Regularly interacted with BAC (Broker/Dealer – Trading Desk), and ensured that all issues/queries that arose via trading activity was addressed with immediacy. Ensured that all end of day trade positions were always marked with accurate and latest trade prices supplied by the senior trader/BAC

Produced and distributed all final Month to Date (MTD) and Year to Date (YTD) Trading Reports to

the respective trading desk.

Jeffrey A. Prescod Professional Experience/Accomplishments continued Page 3

OTHER CONSULTING POSITIONS: 9/03 – 9/06

Hired as an accounting consultant (mid to senior level) on assignments, in several organizations viz. Jackson Hewitt (Corporate); NYU Medical Centre (Property Management Accounting); Toray Ultrasuede (America –A/P Specialist) Inc.; Ernst & Young LLP- Accounting Analyst; Cipolla Sziklay (CPA Firm);

Some key job functions performed and responsibilities included:

Managed and maintained General Ledger/Sub-Ledger (reconciliation, analysis, journal correcting entries etc.) and Control Accounts. Prepared all financials and other schedules for reporting and audit purposes.

Ascertained and produced on monthly and annual basis G/L & Balance Sheet adjusting journal entries (preparation/posting). Supervised all month-end/year-end close processes and procedures.

Prepared and distributed Draft Month-End Financial Reports for Executive Committee and Board Meetings.

Analysed all Balance Sheet accounts; P/L Expense accounts before final submission.

Prepared monthly Bank and Cash Reconciliations; Supervised and took on all Cash Management (Treasury Functions).

Managed A/P & A/R functions; Billing; Collections; Credit Control; Disbursements; Wire Transfers

Prepared and updated Prepayment/Accruals Schedules; Write-Off’s etc.

PRIOR MANUFACTURING/INDUSTRIAL/DISTRIBUTION EXPERIENCE

Henkel Chemicals Ltd. (Royalty& A/R Accountant); Richardson-Vicks/Procter&Gamble (Budget/Cost Accountant); Ecolab (Reconciliations Accountant) ; DiverseyLever (Chief Accountant)

NOTABLE PROFESSIONAL/ACCOMPLISHMENTS

Spearheaded, Led, managed and completed all annual external audits (prepared all schedules) within time limits/budget. Therby savings on audit fees.

Reduced output report time by 45% initially. Achieved 100% accuracy in final reporting.

Worked closely with other team members and department heads in identifying impending bottlenecks and myriad problems that would have had some effect on the budgetary exercise for each cost centre. Hence producing and effecting better timely comparisons and measurements of results.

Reduced external auditors audit adjustments annually by 90% (approx.), reflected in the significant cost savings in final annual audit fees billing.

Developed, designed and implemented several spreadsheet programs for key areas of the accounting process (viz. fixed assets, investments, cash budgets etc.) that proved crucial and timely as backup information tools, check and balances, booking/verifying accounting entries and greatly aiding and abetting the timeliness, accuracy and veracity of the external audit objectives

Managed the cash and treasury functions; designed and implemented several new controls that effectively made optimal use of all cash resources re: disbursements and minimum cash balances, - in the final process achieving an overall average annualised growth rate of approx. 48% of total cash and investments instruments revenue (via the astute placement of funds and strict cash and funds flow management).

Worked in close collaboration with other departments (viz. IT) in the design of reports and source records to effect a more efficient way of data input and ultimately producing timely comprehensive reports critical to final reporting and management decision making

Monitored the control of all expenditure of island-wide cost centers. Reviewed, analysed and vetted all expenditure claims for re-imbursement from donor agencies within the stipulated guidelines and time limits

Effectively solved software processing problems and other process glitches associated with new software

Liaised with external and other inter-departmental personnel/constituents on a daily basis. Worked on Special Projects

when required.

EDUCATION

Barry University, University of the West Indies

(Andreas School of Buisness) Miami Shores, Miami, Fla. (Mona Campus), Kingston, Jamaica

Executive MBA – Management Science/Business Administration Bachelor of Science – Accounting

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