Financial Analyst Accounting

ALON Z. AVITAL

**** ********** **** ********, ** 28105

917-***-**** *********@*****.***

GENERAL SUMMARY:

Detail-oriented, self-starter with proven ability to deliver positive results. Comprehensive, hands-on experience with all aspects of accounting practices, including reporting, internal controls, and auditing. Brings rigorous, effective methods and procedures to each assignment. Strong written and verbal communication skills with ability to analyze and solve problems efficiently.

EMPLOYMENT:

AAA Carolinas Charlotte, NC July 2018 – October 2019

AAA Insurance is a leading property and casualty insurance company, providing homeowners, automobile and motorcycle coverage to residents in the Carolinas.

Division Insurance Controller for Insurance Group

Managed the complete monthly close processes for a Holding Company, two wholly-owned Property and Casualty underwriting companies, and a related Insurance agency company on both Statutory and GAAP bases with consolidated revenues exceeding $75M.

Prepared and reviewed monthly, quarterly and annual statements and related filings on a statutory basis filed with the NCDOI, NAIC and independent statistical agencies.

Served as primary liaison with external auditors, consulting actuaries and financial examination teams during respective scheduled audits and quarterly actuarial review and estimation procedures.

Participated in and provided direct support to Executive management during AM Best’s initial and subsequent annual financial strength reviews.

Developed Internal Risk Based Capital (RBC) forecasting and monitoring tools to assist in ensuring continual compliance with state specific requirements due to troubled financial conditions of target underwriting Company.

Participated in the documentation and consolidation of newly acquired Company’s legacy processes, procedures and reports to existing Company’s processes, procedures and reports.

Prepared and recorded monthly journal entries for management review.

Prepared accurate and timely general ledger account reconciliation for premium, loss and reinsurance cycles.

Maintained the company's system of accounts and kept books and records on all company transactions and assets in compliance with GAAP and statutory regulations while ensuring control over company assets.

Provided ad hoc financial reporting and analysis,

Trained, evaluated and managed staff and senior accountants.

ODYSSEY REINSURANCE Stamford, CT May 2008 – April 2018

OdysseyRe is a leading worldwide underwriter of property and casualty treaty and facultative reinsurance, as well as specialty insurance.

Senior Financial Analyst for CFO Group

A leader in driving continuous improvement throughout the reporting period process.

Team lead for last 5 years of tenure.

Assisted in the preparation of the quarterly statutory results (ex: profit & loss, balance sheet & income statement).

Created balance sheet fluctuation analysis template and met quarterly with global leadership to discuss variances, including FX impacts.

Assisted with the development of accounting statistics required for 10Q and 10K SEC reporting.

Assisted with the compilation and verification of the affiliated company underwriting statistics for both Odyssey Reinsurance and its parent company Fairfax Holdings.

Ensured the data warehouse system, BART (now Orion), was updated and accurately reflected assumed underwriting statistics. Developed new reports as business needs arose.

Compiled and reviewed quarterly and annual statutory financial statement reporting requirements.

Responded to inquiries from State, internal and external examiners.

Responsible for performing general ledger and bank reconciliations on a monthly, quarterly and yearly basis.

Prepared quarterly Bad Debt and Fairfax Reporting exhibits, including accruals.

Prepared quarterly fluctuation reports and coordinated the narrative information supplied by various financial analysts, including flux analysis and variance analysis.

HILB ROGAL & HOBBS LLC (Willis Group acquired 2008) New York, NY Feb. 2007 – May 2008

The eighth largest insurance intermediary in the world, with over 120 offices globally. HRH helps clients manage their risks in property and casualty, employee benefits, professional liability and other areas of specialized exposure.

Senior Accountant/Assistant Controller

Responsible for performance of daily accounting activities in the areas of accounts payable and receivable.

Responsible for performing general ledger and bank reconciliations and assisting other departments with inquiries regarding accounting and billing.

Assisted the controller with month-end, quarterly and year-end closings, as well as taking part in the annual budgeting process and working special projects.

Responsible for overseeing the company’s payroll functions.

Exhibited strong organizational and presentation skills.

THELEN REID & PRIEST New York, NY July 2006 – Feb. 2007

Law firm with international reputation as a leader in technology and intellectual property law. The firm advises clients through an integrated network with offices located in New York, Los Angeles, Silicon Valley, Hartford and Morristown, N.J.

Assistant Controller

Responsible for AR, AP and billing, month-end closing, management reporting and bank reconciliation. Interaction with all levels in company, including auditors and banks.

Oversaw and supervised maintenance of general ledger, account analysis & journal entries of accrual basis closings.

Demonstrated strong organizational and presentation skills.

WEISER LLP New York, NY Aug. 2005 – July 2006

This CPA firm, a member of Moores Rowland International, a worldwide association of independent accounting firms; offers businesses a range of services, maintaining five offices in the Northeast.

Audit Staff

Maintained general accounting ledgers, completing account analysis and in-depth account research of balance sheets and income statements.

Performed account reconciliations, thoroughly researching and explaining any variances; accurately verified expenditures and produced a range of financial statements.

Routinely handled customer inquiries, immediately researched problems and developed objective solutions.

Applied company internal control requirements with strong attention to accounting processes and procedures.

UBS FINANCIAL SERVICES, New York, NY May 2004 – July 2005

Global financial firm created by a merger between Union Bank of Switzerland and PaineWebber Inc.

Branch Examiner, Financial Services / Staff Accountant

Activities centered on performing strategic internal branch audits at several branches in approximately fifty cities nationwide.

Utilized prepared test templates to determine how particular branch operations were running, and to ensure all business conducted was on behalf of customers.

Conducted substantial reviews of all essential documentation post audits, including previous audit work papers; responsible for evaluating internal controls, verifying broker’s licenses, and providing learning tools for branch staff and future auditors.

Completed profitability analysis, documenting and inputting commission receivables to verify balance with agreements, assisting with financial schedules, reports, and summaries, and project assistance as needed.

Provided oral and written presentations of report findings to top management.

EDUCATION

CUNY / QUEENS COLLEGE Flushing, NY

Bachelor of Science Degree in Accounting 2004

SOFTWARE

MS Word, Office, Outlook, Excel, Publisher, SAP, Oracle, Lotus Notes, ePace, Great Plains and Cognos.

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