Finance Manager

Michael K. Neff, M.B.A.

*** ***** ** ********, **** H: 614. 397. 8790 **.****.**@*****.***

Qualifications Summary

Accounting/Finance professional with an extensive background in the insurance industry.

Areas of expertise include:

Budgeting and Forecasting

Financial Analysis

GAAP

Financial Modeling

Financial Consolidations

Insurance Accounting

Captive Insurance

Financial Reporting

Sarbanes-Oxley

Career Progression / Accomplishments

Sedgwick (formerly York Risk Services Group, Inc.)

Financial Manager, Self Insurance Pooling July 2022 – January 2025

Manage financial operations of Public Entity Self Insurance Pools that provide Workers Compensation, Property, Liability, Dental, Vision and Excess coverage in California and Ohio. Manage accounting staff, own accounting and analysis/reporting needs of pooling organization, ensure procedures and controls in place to meet auditor requirements, work with auditors, actuaries, vendors and investment advisors to perform complex data analysis, serve as financial subject matter expert, oversee day to day accounting activities, prepare and review periodic financial statements in accordance with GAAP, develop annual budgets, oversee annual financial audit process, develop quarterly financial statements and analysis reports, present said reports at board meetings and address board member concerns and questions. maintain required financial filings with government agencies.

Sedgwick (formerly York Risk Services Group, Inc.)

Vice-President, Controller, Alternative Risk Division (ARS) May 2015 – June 2022

Sedgwick sold ARS Division in 2022.

Oversight of daily financial activities, month-end close, development of statutory financial reports, budgeting, financial analysis, assist with actuarial loss analysis and maintaining banking relationships needed to meet collateral needs for the growth in the captive program.

Captive program includes forty-three captive cells for Workers Compensation,

Property and Liability insurance.

York Risk Services Group Inc. (formerly Avizent Frank Gates)

Controller, Managed Care Division May 2013 – April 2015

Management of day-to-day financial activities, budget development, financial analysis, and month-end closing. Collaborate with Managed Care business leaders of Bill Review, Case Management and Provider Networks to develop and enhance forecasting and analysis reports used to drive business decisions and increase profitability. Managed and developed a staff of accountants, billing clerks and collection associates.

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Avizent Frank Gates

Vice President, Financial Planning and Analysis May 2009 – April 2013

Established a financial planning and analysis department responsible for budgeting, forecasting, identification of key performance indicators and profitable pricing initiatives. Teamed with business leaders to develop and enhance financial management reports. Our efforts played a pivotal role in driving improved business performance which established Avizent as an acquisition target. Key contributions included:

Development of operational and financial performance metrics dashboards to assist management in meeting their key performance initiatives.

Creation of client profitability and pricing models used to maintain and assess profitability across all lines of business.

Development of an EBITDA forecast model for all lines of business allowing for the continual assessment of business performance risks and opportunities.

Creation of a cash forecast model that provides a constant view of our cash position as it relates to liquidity and bank covenants.

Jefferson Wells 2004 – 2009

Financial Operations Consultant

Provided clients with expertise in the areas of Accounting, Financial Reporting and Analysis, Financial Process Improvement, Sarbanes-Oxley 404 Compliance, and Project Management.

Key accomplishments:

Interim Controller for Lion Apparel, a multinational protective gear manufacturer. Assessed and improved financial consolidation and reporting processes. Identified weaknesses in the internal control structure and implemented improvements. Developed procedures that more efficiently manage annual audits with an external CPA firm and create year-end financials in accordance with GAAP.

Developed a fixed asset database for Biomet. This database allowed for more accurate valuation and deployment of orthopedic instruments to field distributors of orthopedic implants.

Performed Sarbanes-Oxley 404 compliance assessments for NCR and Ashland Chemical. Work involved identification of key controls for established control objectives, documentation of control descriptions, test design development, testing of key controls, and facilitation of the remediation process.

Project Manager at L Brands for the inventory accuracy portion of an SAP implementation project.

Documented and mapped accounting and finance processes for First Data’s shared service functions.

Greater Columbus Chamber of Commerce 1998 – 2004

Vice-President, Finance/Controller

Responsible for the financial operation of the organization including budget preparation, month end closing processes, account reconciliations, variance analysis, annual audits, and tax workpaper preparation. Prepared monthly, quarterly, and annual reports summarizing the company financial position. Presented financial summary reports to the Finance Committee on a quarterly basis. Managed federal and local grant reimbursement and reporting processes, including related annual audits. Supervised and developed a staff of three accountants. Major accomplishments include:

Reduced administrative expenses through selection of more cost-effective service providers.

Increased revenue through investment of available funds in risk appropriate financial instruments.

Developed and implemented a more efficient account code structure for the Chamber.

Planned and executed a successful accounting software conversion.

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Lane Bryant 1995 – 1998

Inventory Control Supervisor/Analyst

Performed extensive analysis of operational and systems processes pertaining to retail inventory. Partnered continually with MIS and other departments to troubleshoot systems and operational problems concerning adequacy of internal controls, distribution of merchandise, and valuation of inventory. Maintained accurate inventory records through weekly reconciliation of the stockledger, supervision of physical inventories and maintenance of “Lower of Cost or Market” inventory valuation. Effectively managed, trained, and developed four financial analysts.

Computer Skills

ERP/Accounting: Sage Intacct (Certified Implementation Specialist), SAP, Great Plains, Quickbooks

Database: Microsoft Access

Report Writing: FRx Financial Report Writer

Payroll: ADP/PC for Windows

Spreadsheet: Excel

Word-processing: Microsoft Word

Miscellaneous: Microsoft Project, PowerPoint, and Visio

Sage Intacct: Certified Software Implementation Consultant

Education

Xavier University Cincinnati, Ohio

Master of Business Administration with a concentration in finance.

The Ohio State University Columbus, Ohio

Bachelor of Science in Business Administration with a concentration in finance.

Professional Affiliations/Community Involvement

Graduate of Leadership Columbus, one of the top five ranked community leadership programs in the country, providing state of the art education and training for emerging and existing leaders in the Columbus area.

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