Financial Reporting Project Management

Abiola Akala, MBA SENIOR CONSULTANT 240-***-****; ***********@*****.***

Summary of Qualifications:

Highlights:

** + years of experience

Strong project management and organizational skills

Significant financial operations experience including policy and procedures documentation.

Very experienced with Microsoft Office Suite, QuickBooks, Oracle E-Business Suite Financials, Longview, PeopleSoft, SQL, Momentum Financial Reporting, Picis (patient management software), Lawson, Delphi Technology Hyperion, Workday, Government Accounting Standards, GAAP and FAR.

Over 15 years of experience as a Sr. Financial/Budget Manager that includes creating a database using SQL server and Access database to track all purchase orders and payments for GAO’s IT organization. This resulted in saving two weeks in time to compile Budget and prepare status of funds report. Simplified the budget process resulting in reducing the budget preparation time by two weeks.

Generated annual budgets and managed costs at a 97% ratio of actual to budgeted amounts. Over 4 years of Hyperion experience.

Over 9 years of Zero-Based Accounting experience. Lead the budget preparation of Information System and Technology Services budget formulation. Audited IT contract worth $22 million annually, this resulted in findings of $1,000,000 in Subcontract time that were not invoiced in a timely manner, lead effort to alternative ways to fund the shortfall in costs. Managed $50 million IT Portfolio. Maintained a 97% collection rate on outstanding receivables for small business organizations. Designed a process flow diagram for the IT procurement and budget process within the GAO.

Excellent oral and written communication skills (e.g., written narratives, memorandum, reports including executive summaries, oral and PowerPoint presentations to key stakeholders)

Citizenship:

U.S. Citizen

Education & Certification:

Bachelor of Health Science Concentration in Healthcare Mgmt - Howard University

Master’s in Accounting & Financial Mgmt – University of Maryland

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Relevant Experience:

Senior Finance Analyst iNFOJINI (Contractor for DC Water)

Washington, DC June 2024 – Present

Project Financial Management: Led the financial management of capital improvement projects, overseeing the allocation of capital funds, budget preparation, and financial reporting. Managed project budgets totaling over $7.7 billion, ensuring compliance with financial policies and optimizing resource allocation.

Risk Assessment & Mitigation: Conducted risk assessments for capital projects, identifying potential financial risks and developing strategies to mitigate them. Provided financial forecasts and variance analysis to anticipate project costs and prevent budget overruns.

Stakeholder Reporting: Prepared detailed financial reports and presentations for the Board of Directors and senior management, summarizing the financial status of ongoing projects. Developed financial models to support long-term capital planning and investment decisions.

IT Finance Analyst Zillion Technologies (Contractor for Navy Federal Credit Union)

Vienna, VA February 2023 – April 2024

Lifecycle Financial Management: Managed the financial aspects of IT projects from initiation to completion, including budgeting, forecasting, and cost control. Ensured financial accuracy in budget commitments and expenditures, contributing to successful project delivery within financial constraints.

Project Cost Analysis: Performed in-depth cost analysis for IT projects, including cloud infrastructure spending. Developed financial models to track project costs and identify cost-saving opportunities, leading to a 15% reduction in project expenditures.

Financial Reporting: Created financial dashboards and reports using Excel, Tableau, and Power BI, providing real-time insights into project performance. Presented financial findings to project managers and senior executives, enabling data-driven decision-making.

Senior Financial Management Analyst / Risk and Control Lead Freddie Mac

Tysons Corner, VA July 2018 – April 2023

Project Budgeting & Forecasting: Developed and managed budgets for IT and business-related projects, totaling over $330M annually. Created financial models to forecast project costs, evaluate financial impacts, and support funding decisions.

SOX Compliance & Risk Management: Led the implementation of financial controls for project-related expenditures, ensuring compliance with SOX regulations. Conducted risk assessments for new projects and technologies, mitigating potential financial risks.

Strategic Financial Analysis: Provided financial analysis and support for significant IT acquisitions and contract negotiations. Analyzed project financials to evaluate ROI, NPV, and other key financial metrics, contributing to strategic investment decisions.

Senior Financial/Budget Manager Government Accountability Office (GAO)

Washington, DC August 2009 – July 2018

Project Finance Leadership: Led the financial management of GAO’s IT projects, including budgeting, cost estimation, and financial reporting. Managed a $50M IT portfolio, ensuring accurate budget formulation and execution.

Cost Optimization: Identified cost-saving opportunities within IT projects, reducing operational expenses by 10%. Developed financial models to optimize project funding and resource allocation, resulting in improved project delivery efficiency.

Executive-Level Reporting: Prepared and presented monthly financial reports to the CIO and CFO, highlighting project financial performance and providing strategic recommendations for resource allocation and cost management.

Healthcare Administrator Washington Hospital Center

Washington, DC June 2005 – April 2009

Project Budget Management: Managed the budget for healthcare projects, including the remodeling of the Post Anesthesia Care unit and the development of a same-day surgery unit. Ensured projects were completed within budget and on schedule.

Operational Efficiency: Conducted financial analysis to improve the efficiency of peri-operative services, optimizing staffing levels and resource allocation. Provided financial reports to senior management, supporting strategic planning and budget adjustments.

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