Financial Management
Resume:
Tyrone Pitts
Oxon Hill, MD *0745
Cell Phone: 202-***-****
E-mail: adk5ly@r.postjobfree.com
Secret Clearance
Professional Experience
US Department of Treasury
Jamaica
March 2017 – Present
Cash Management Resident Advisor
Provide technical guidance for the Jamaican Government to strengthen Public Financial Management (PFM) and provide a framework for collaboration of different financial processes.
Developing and maintaining an understanding of the key business processes and policies.
Assisting business units with process improvements.
Created status reports and identified additional reprogramming as necessary to ensure that agencies sustain compliance with established procedures concerning the budget.
Analyzing ministries annual spending plans, working with the financial databases, extracting pertinent budgetary data, preparing impact statements, and providing recommendations to correct potential issues.
Improve the quality of fiscal information and enhance transactional transparency within the financial sector of the government.
Providing business units with recommendations for upgrading or replacing production systems.
Implement a new organizational structure of the Treasury Accountant General unit to support the implementation of highly skilled employees in critical financial roles.
Develop a bank account inventory platform system which includes signatories for over 3,800 active accounts and transactional activity.
Implement procedures to keep bank account data with signatories updated.
Review Pension process and internal controls of recipients for accurate disbursement data.
Assisting in the gathering of requirements for new or existing systems
Assisting in documenting all re-engineered business processes modified during the implementation process.
Implement a daily reconciliation process for the Consolidated Fund Unit.
Revamp the current bank statements to include transactional information to streamline the bank reconciliation process.
Identifying and documenting IT roles and responsibilities for maintaining the new system once implemented.
Implement a new Government Travel Credit Card program.
Develop a Treasury Manual on best practices within the finance operation.
US Department of Treasury
Haiti
September 2013 – March 2017
Cash Management Resident Advisor
Provided technical guidance to the Haitian Treasury office for managing centralized cash and treasury functions.
Developing and maintaining an understanding of the key business processes and policies
Assisting business units with process improvements.
Assisting in documenting all re-engineered business processes modified during the implementation process.
Developed and implement strategies and long-range plans to improve cash management practices to support effective budget execution of nearly $600 million.
Reviewed and analyze complex financial data concerning banking and the financial services to determine the effectiveness of the financial management systems and recommended improvements.
Created status reports and identified additional reprogramming as necessary to ensure that agencies sustain compliance with established procedures concerning the budget.
Identifying and documenting IT roles and responsibilities for maintaining the new system once implemented.
Implemented a Treasury Single Account to support cash management and budget execution.
Managed projects and developed analytical presentations on banking and financial services that correlates to budget execution.
Created weekly, monthly, and yearly cash flow projection reports.
Developed cash management policies and procedures manual.
Performed a Payroll audit/verification to flush out ghost employees within the government of Haiti.
Implemented internal controls for different financial processes within Treasury for budget execution.
Provided a daily Cash in Bank report which shows daily balances for ALL Ministries and total resources of the Government.
Implemented new procedures to open/close bank accounts under the control of the Treasury.
Served as the Subject Matter Expert on the global treasury management systems.
audit and compliance matters.
Howard University
March 2011 – September 2013
Budget Officer/Payroll Director
Formulated innovative approaches and strategies to resolve extremely complex budgetary conflicts to satisfy major budget program objectives.
Planned, organized, and managed a major, substantive budget for a multi-million-dollar program to include all phases of budget execution and programming.
Justified, monitored, and coordinated budget request.
Developed the database that supports annual operating and capital budgets.
Developed guidance for proper budgetary formulation, execution determination, and planning decisions.
Reviewed agency budget submissions for technical and conceptual accuracy and consistency.
Provided oversight of the program's expenditure of approved funds.
Ensured the budgets of assigned program areas achieve program goals and meets the criteria established.
Provided oversight on complex execution related matters within Human Resources division.
Coordinated with program managers and other financial personnel to justify various budget requests.
Advised managers on appropriate budgetary actions to be taken to meet agency/organizational targets.
Evaluated current year plans versus actual spending, overspending, and potential effect on agency budgetary plans and proposals on discretionary spending.
Developed policies, procedures, and objectives for budget activity.
Coordinated budget presentations for senior staff of the University.
Monitored federal budget estimates for submission to Office of Management and Budget (OMB) and Congress for the Federal Appropriation.
Provided expert technical advice to higher level management regarding the interpretation of budget regulations.
Analyzed budget and/or financial program data to develop annual and multi-year budget estimates for assigned programs and activities for a university budget of $400 million for the Human Resource Division.
Reviewed, analyzed, consolidated, and revised budget execution plans.
Performed quarterly and mid-year budget reviews to eliminate over expenditures within any area of the operation.
Directed all aspects of payroll operations.
Managed all tax payments for every jurisdiction for each employee at the University.
Implemented all policies and procedures related to payroll.
Managed all garnishments and levies from the court concerning employees.
Contracted Automatic Data Processing (ADP) on behalf of the University to assist with payroll matters.
Howard University
July 2009 – March 2011
Assistant Treasurer
Provided effective executive leadership strategies for Cash Management, Payroll, and Accounts Payable functions.
Developed policies, procedures and objectives for Treasury, Payroll and Accounts Payable.
Participated in the preparation of the University’s annual operating budgets.
Provided recommendations to senior officials concerning the final Budget.
Authorized, acquiring funds as needed for daily cash liquidity.
Provided analytical skill and cost analysis for the implementation of a new university financial system. (PeopleSoft)
Reviewed financial loan documents, initiated loan payments and track historical interest.
Analyzed complex financial data on banking and the financial services industry.
Provided debt management and disbursement of university funds as required.
Prepared and executed monthly and quarterly payments for investment services.
Provided reporting documents to the CFO/Treasurer regarding all inflows, outflows, and investment of funds.
Implemented a Travel Card Program (Concur) to serve as a reconciliation tool for all Travel expenditures.
Served as Corporate Credit Card Program Administrator for Purchasing and Travel.
Served as liaison for banking and investment relationships on behalf of the University.
Managed long-term and short-term investments of the University according to the investment policy.
Howard University
November 1998 – July 2009
Director of Cash Management
Provided effective executive leadership strategies for cash management.
Performed daily cash management and forecasting activities to the Chief Financial Officer/Board of Directors.
Implemented a Treasury workstation, tools, systems, and bank products to enhance the cash management functions.
Prepared cash flow projections that support budget execution and analyzed cash flow variances.
Performed special analysis to improve the student reimbursement activity and enhance internal controls.
Opened/Closed all bank accounts and managed banking relationships with multiple banks.
Initiated electronic payments for all wire transfers, ACH, and Foreign exchange payments.
Maintained appropriate controls over cash processes and disbursements.
Tracked and monitored the cash flow of the University.
Monitored debt management and disbursement of university funds related to all loans.
Managed all short-term investments according to University policy.
Implemented PCI compliance throughout the University.
Submitted unclaimed property report to the DC Government.
Handled all fraud related issues surrounding credit card, wires, and checks.
Facilitated the activities of internal and external audits for Treasury.
Developed policies, procedures, operational controls, standards, and audit narratives.
Mitchell & Titus, LLP
October 1997 – November 1998
Semi Senior Auditor
Participated in the financial audit of many nonprofit organizations; Reviewed external grants of the organization as it related to the regulatory compliance issues of OMB circulars A21, A110 and A133.
EDUCATION
Bachelor of Science in Business Administration, Minor in Finance
University of Maryland Eastern Shore
Skills
Excellent Oral, Written, Organizational and Communication Skills, PeopleSoft, CashPro, ADP, Concur, Microsoft Office (Word, PowerPoint, Excel, and Access)
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