Compliance Officer Internal Audit

KELAINE ESCARMANT, CPA, CCBIA. MAcc

**** ** ***** ******, *****, FL 33055 P 305-***-**** E: **********@*****.***

EXECUTIVE PROFILE

Certified Public Accountant (CPA), SOX Compliance Officer and Audit Manager with public accounting and internal auditing experience and has been leading and managing engagements in healthcare, banking and financial services, manufacturing & production, retail/wholesale, government and not-for-profit, transportation & logistics, insurance, and tourism/travel industries. Strong technical and analytical skills with impressive track record of more than 15 years of experience in financial and business operations, and regulatory compliance including SEC and SOX.

CAREER ACHIEVEMENTS

Successfully started and managed the internal audit function of a medium size healthcare and insurance organization with 38 auditable areas.

Helped set up SOX program for two entities.

Conducted entity wide risk assessment which led to creating several key positions in the organization including hiring a Compliance Officer to assist with regulatory issues.

Discovered and corrected approximately $100,000 of loss revenue due to errors and omission regarding monthly reconciliations.

Discovered and corrected approximately $50,000 of improper inventory valuation.

PROFESSIONAL EXPERIENCE:

Contracts and Temporary Projects:

Steven Douglas/Heico - SOX Consultant 9/2022-12/2024

Robert Half and Leeds Resources - SOX Consultant 2/2022- 9/2022

Ascendo/Del Monte – Internal Audit/SOX Consultant 8/2018- 8/2020

Robert Half/Citigroup – Senior Audit Consultant 8/2016-12/2017

Independent Clients – Audit Consultant/Project Accountant 1/2008 - present

Supported to various Clients (Heico, Del Monte, Jackson Health Systems, Healthcare Network, Citigroup, Professional Bank) within the healthcare, financial services, aerospace and manufacturing industries developing risk assessments, SOX Controls, full cycle testing of controls, findings, and presented findings to senior leadership. Secured private clients as well as leveraged staffing agencies to provide quality consulting services.

Permanent Roles:

Professional Bank – Coral Gables, FL 2/2021-11/2021

VP/SOX Compliance and Risk Officer

Developed and led the SOX program, which included creating a timeline to ensure deliverables were provided timely.

Provided SOX training to process and control owners to ensure internal controls are in place and documented appropriately.

Documented the processes, risks and controls by preparing and updating SOX documentation including process narratives, flowcharts, test sheets and quarterly certifications.

Evaluated controls design by conducting walkthroughs, developing new processes, testing of controls, reporting and communicating deficiencies to stakeholders.

Identified opportunities to increase efficiency and/or reduce costs related to the SOX compliance effort.

Created test plans over key controls, reports and spreadsheets.

Senior Audit Consultant (Citigroup) 8/2016-12/2017

Assisted the Operational Risk Management (ORM) Team on various audit engagements.

Inspected account books, accounting systems for efficiency, effectiveness and use of general accepted accounting procedures to record transactions.

Developed procedures, schedules, and programs for achieving audit objectives.

Performed quarterly business monitoring to identify high risk areas.

Conducted issue validations to ensure recommendations are implemented.

Project Accountant (Various clients) 1/2008 - present

Compiling financial statements for management and external auditors.

Providing year-end support to External Auditor include research and reconcilement.

Reviewing monthly reconciliation for accuracy.

Investigating project variances and submitting variance reports to management.

Preparing and submitting governmental reports and tax returns.

Healthcare Network of Southwest Florida - Immokalee, FL - 2/2012 - 7/2014

Internal Audit and Quality Improvement Manager

Started and managed the Internal Audit function of the Healthcare organization.

Developed detailed audit plan and continued to develop procedures, schedules and programs for achieving audit objectives and goals. Reviewed financial transactions, reconciliations, reports and statements and made recommendations for improvements.

Prepared and presented complex audit reports to the Finance/Audit Committee.

Assessed risk factors to identify high risk areas within the organization to help mitigate risks.

Performed operational, compliance and financial, including departmental and site audits.

Assisted management with various projects and participated in various committees.

Provided guidance, process refinements and continuous quality improvement.

Jackson Health Systems (JHS), Miami, FL 2/2009 - 4/2010

Senior Internal Auditor

Oversaw all stages of audit engagement, prepared planning memos and engagement letters.

Developed procedures, schedules, and programs for achieving audit objectives.

Prepared and assembled work papers, audit reports and analyses for each audit and recommended corrective actions for proper implementation of effectiveness and efficiency of operations.

Served as project manager of moderate to large audits with moderate to high complexity and performed special reviews.

Performed operational, compliance and financial audits and assisted external auditors with annual financial audits.

Assisted external auditors.

Rachlin, Cohen & Holtz, LLP (Marcum LLP), Miami, FL 10/2005 - 5/2007

Accountant/Auditor

Performed financial and forensic/investigational audit engagements.

Identified key internal controls to determine the nature, extent, and timing of audit procedures.

Identified internal control weaknesses and communicate weaknesses to management via management letter comments.

Interacted with senior management and built/ maintained ongoing business relationships utilizing strong interpersonal and communication skills.

Demonstrated thorough understanding of complex accounting/ auditing concepts and apply them to client situations

Generated financial statements in accordance with US GAAP, including footnote disclosures.

Trained and mentored new staff on the audit process and procedures.

Del Monte, Coral Gables, FL 11/2004 - 10/2005

Senior Auditor (Internal Audit and SOX)

Performed financial and operational audits by reviewing reconciliations, consolidated and unconsolidated financial statements to ensure sound accounting methods are being used in all entities in accordance with GAAP and established policies and procedures.

Made recommendations on areas for improvement in business processes and internal controls.

Ensured compliance with Sarbanes Oxley Act.

Followed up on internal audit comments and recommendations to ensure implementation.

Continued execution of corporate audit plan.

Conducted investigations and assisted external auditors.

Continental National Bank of Miami, Miami, Fl. 5/2000 - 11/2004

Auditor-Officer

Oversaw all stages of audit engagements including planning and risk assessment, fieldwork, staff supervision and drafting reports.

Prepared and revised audit programs, audit cycles and audit objectives.

Performed operational, compliance and financial, including departmental and branch audits and recommended changes and improvements.

Monitored areas of weaknesses, internal controls and policies and procedures.

Presented and prepared reports for the Audit Committee and Board of Directors.

Provided guidance and directions to Department Heads and Officers.

Worked with examiners and external auditors.

Oversaw all aspects of the audit department in the absence of the supervisor.

Assigned work, provided training, guided and advised subordinates.

EDUCATION

MAcc/Accounting, St. Thomas University, Miami Gardens, FL 12/2018

BBA/Accounting/Finance, Florida Atlantic University, Boca Raton, FL. 8/1999

AA/ Business Admin., Miami Dade College, Miami, FL. 08/1997

CERTIFICATIONS

Florida Certified Public Accountant (CPA) 2010

Certified Community Bank Internal Auditor (CCBIA) 2002

AFFILIATIONS

Member

Florida Institute of Certified Public Accountant 2005 – Present

American Institute of Certified Public Accountant 2009 – Present

The Institute of Internal Auditors 2000-Present

Association of Healthcare Internal Auditors 2012-Present

Treasurer- Boy-Scouts of America (Pack 484-****-****

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