Joseph E. Chieco, CPA

631-***-**** adjhvq@r.postjobfree.com

*** * **** ******, ************, PA 19146

WORK EXPERIENCE

CENTRI BUSINESS CONSULTING April 2019 – Present; Philadelphia, PA

Manager, Risk Advisory

Assisted in ASC 842 Lease Accounting implementation project. Created an excel model to automatically tag leases specified by their defined tranche. This automated a manual process and turned a 5 day process into a 1 day process. Created an excel model for the correcting lease journal entries that built off of the lease tagging template to automatically post the correct entry in the proper period. This included the day 1 leasi

ng entry, as well as the proper lease income entries over the remaining life of the lease.

Led a financial reporting consolidation for a private, global manufacturing client. This consisted of consolidating over 45 legal entities, creating an organizational chart based on legal ownership documentation, and determining the proper elimination for their intercompany accounts receivables and payables, intercompany revenue and expenses

Translated private accounting financial statements for a private life sciences/pharmaceutical company into GAAP ready financials. This included correcting entries for the proper accounting treatment for the vesting of company stock options and a company convertible note.

Year One SOX Documentation. Conducted interviews and walkthroughs to document narrative procedures, and created risk and control matrices for a manufacturing client with two different lines of business. Documented the following processes: Financial Reporting and Consolidation, Accounting Close, Receiving, Shipping, E&O Inventory, Cash Application Management, Purchasing, and Sales, Cycle and Full Inventory Counts, HR Key Functions, Order Entry, Pricing, Information Technology General Controls.

Information Technology General Controls testing and projects. Testing evaluates company IT Controls, firewall and cyber security measures, phishing scans, change management policies, user access reviews, and SOC1 reporting. Additional projects include a companywide IT Risk Assessment, a companywide segregation of duties access review and Software Development Life Cycle controls review.

Daily, weekly, monthly, on-going project admin requirements. Updating budget to actual files. Reviewing and updating project timing and staffing. Creating invoices within the project management system. Setting up project codes. Reaching out to business owners and external auditors in regards to coordinate efficiencies with testing and timing. Training and developing consultants.

PROTIVITI July 2014 – March 2019; Philadelphia, PA Senior Consultant – Internal Audit and Financial Advisory

ASC 605 Implementation / Restatement Project. Worked on a financial restatement effort for a client when it was found that their current method of recognizing revenue under ASC 605 was incorrect. Used revenue recognition models, and original contracts to create appropriate revenue recognition for prior periods for the life of the contract. Worked with 10 other individuals across 3 different firms to complete this project. Heavily involved in the project management when it came to project tracking, and documentation receipt and distribution.

Year one SOX Documentation. Conducted interviews and walkthroughs to document narrative procedures, and created risk and control matrices for Financial Services and Manufacturing Clients. Documented the following processes: Financial Reporting and Consolidation, Accounting Close, Real Estate Impairment, REIT Compliance and Taxes, Cash Application Management, Manufacturing, Purchasing, Sales, Shipping, Receiving, Cycle Counts, HR Key Functions, Order Entry, Pricing, etc.

Lead Sarbanes Oxley compliance audits for several financial service companies. Tested the performance of internal controls in the following areas: Accounts Payable, REIT Compliance, Treasury and Debt, Cash Management, Accounts Receivable, Financial Close, Investments, Valuations, Real Estate Impairment and Entity Level Controls.

Daily, weekly, monthly, on-going project admin requirements. Updating budget to actual files. Reviewing and updating project timing and staffing. Creating invoices within the project management system. Setting up project codes. Reaching out to external auditors in regards to reliance testing and timing. Training and developing consultants.

JPMORGAN CHASE May 2011 – July 2014; Newark, DE

Financial Analyst – Commodities Financial Control

Reconcile profit and loss across seven income statements of the North America Power and Generation desks with profit and loss on the line sheet of our Product Control team in Houston, TX.

Certify balance sheet accounts ensuring the accuracy of account totals for NA Power and Generation. Substantiate balance sheet cash accounts by creating a daily file which ties accounts back to four different system feeds. This substantiation also informs product controllers where there is outstanding foreign currency exposure which then needs to be hedged to protect against revaluation risk.

Address ad hoc requests given by management or third parties to meet tight deadlines. This includes assisting management with auditor and product control requests regarding NA Power and Generation Desk.

Updated and enhanced outdated reconciliation processes using excel formulas that shortened a four hour daily reconciliation to an hour long process.

Intern – External Reporting

Obtained business reporting data from fifteen Investment Bank global lines of business, analyzed submissions, consolidated information, and prepared findings for Corporate Financial Reporting.

Conducted live global system and disclosure training to all global lines of business which helped improve the quarterly reporting process.

Identified inefficiencies in the status quo manual reconciliation process and used a proficiency in Microsoft Excel to create a series of macros that automated these processes and eliminated human error.

EDUCATION

University of Delaware August 2008 - May 2012; Newark, DE

Bachelor of Science in Accounting and Finance

Minor in Economics