Budget Director - Senior Financial Analyst
Resume:
STEPHEN E. HUMBLE
Greensboro, NC 27455
336-***-**** ********@*********.***
PROFILE
Results-oriented Senior Financial Analyst/Budget Director with extensive credentials and hands-on experience with quantitative analysis, budgeting, accounting, and forecasting for a global mortgage insurance entity with more than $5B in assets. Reputation for developing strategic partnerships with functional managers to bridge the gap between operational decisions and financial targets.
• Hyperion Planning • Budget Management • Financial Projections
• Variance Analysis • Fixed Asset Accounting • Statutory Accounting
• Expense Analysis • Key Statistical Analysis • Financial Planning
SELECT ACHIEVEMENTS
• Successfully designed and implemented Hyperion Enterprise Planning system.
• Provided ongoing administration of Hyperion Enterprise Planning for budgeting and forecasting.
• Supported managers in keeping departmental expenses in line with budgets by providing ongoing administration of the online variance reporting system.
• Saved $90K in sales taxes annually by restructuring accounts payable procedures.
• Avoided significant penalties by efficiently coordinating the preparation of premium tax returns for 9 different insurance companies covering all 50 states.
• Responsible for key statistical analysis including quarterly reports for 20 various benchmarks.
• Accurately prepared and filed annual budgets for over 210 cost centers.
• Realized $200k in savings by preventing double payment of vendor billing by partnering with the IT department to streamline the procurement systems for computer technology.
• Served on several cost-reduction committees: reduced unclaimed property searches 18% and improved expense-report accountability.
PROFESSIONAL EXPERIENCE
UNITED GUARANTY CORPORATION, Greensboro, NC
A member company of American International Group (AIG), United Guaranty Corporation is the parent company of 9 domestic and 12 foreign mortgage guaranty insurance companies with net assets totaling over $5B and 1,000 employees.
Assistant Vice President, Budget Director 2003 – 2011
• Coordinated the preparation of the annual UGC budget with over $1 Billion in revenues.
• Improved the efficiency of data mining by designing and implementing the Hyperion/Oracle planning and forecasting system, which complemented the Essbase management reporting system by allowing it to capture budget data directly.
• Designed and implemented Business Objects budget software system, the first dedicated budget system for the company.
• Cut a half day off the closing schedule by realigning the accounting processes for intercompany billings.
• Leveraged strong financial analysis knowledge by providing financial information for rating agencies and Mortgage Insurance Companies of America (MICA). Also served on MICA Accounting committees.
• Cut response time 20% by leveraging planning skills to design and implement a Work Flow Monitoring System for the Director of Corporate Marketing.
• Enhanced sales reps’ accessibility to marketing collateral by implementing a centralized Customer-Facing Materials repository/inventory system for Corporate Marketing.
STEPHEN E. HUMBLE PAGE TWO
Assistant Vice President, Budget Manager 1996 – 2003
• Streamlined the annual budget preparation process by designing more efficient worksheets and procedures.
• Reduced month-end processing time by revising the Fixed Asset accounting procedures.
• Leveraged partnerships with functional managers to coordinate and file quarterly financial forecasts.
• Analyzed and reported on competitor results as comparison points for UGC performance.
• Consistently met deadlines for filing various government, rating agency, and AIG required reports.
Financial Analyst – Senior Accountant – Staff Accountant 1977 – 1996
• Ad hoc projections for CFO and Comptroller
• Supervised quarterly closing processes for GAAP and statutory reporting.
• Supervised Staff Accountants
• Filed reinsurance accounting settlement statements.
• Prepared quarterly and annual P&C statutory filings for state insurance departments
• Prepared state premium tax returns
EDUCATION
MBA, UNIVERSITY OF NORTH CAROLINA, Greensboro, NC
Concentration in Insurance and Quantitative Methods
BSBA, Accounting concentration, EAST CAROLINA UNIVERSITY, Greenville, NC
AWARDS
Discovery Award for Internal Financial Reporting Improvement
Gold Quality Quest Award for Improvements to the Business Objects Budgeting system
Plan of Action Award for Improving Departmental Workflow Schedules
Quality Council Service Award for Leading the Controller’s Department Quality Council
COMPUTER SKILLS
Microsoft Office: Outlook, Word, Excel
Hyperion (Oracle) Planning Boot Camp - Business Objects (SRC) Budget Software Systems
Eagle Wings – Blackline Account Reconciliation – Premium Pro
Proficient in Essbase
PROFESSIONAL DEVELOPMENT
Booke and Company P&C Accounting Seminars – Annual update classes
Leading for Inspired Performance Seminars
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