Accounting Financial

MABA ALABI

*** ********** *****, ****, ** ***** Contact: 302-***-****, 302-***-**** cell um6ehk@r.postjobfree.com

SENIOR ACCOUNTING & FINANCE EXECUTIVE

I possess extensive experience in financial operations in various industries. I have experience in implementing strategies to achieve financial goals and business objectives. In previous tenure, I have experience in International business, agreement, and relationship.

CORE COMPETENCIES

• Financial Management

• Forecasting and Budgeting

• International business relations

• Team Leadership & Cross Functional collaboration

• Process and System Improvements

• Strategic planning

PROFESSIONAL EXPERIENCE

MetLife. Insurance. 2011-Present

A global Reinsurer in over 150 countries

Reinsurance Accountant

• Preparation of Statutory Reinsurance reporting requirements (Schedule S)

• Compilation of quarterly and annual reinsurance recoverable

• Reconciliation of accounts (premiums and commissions; ceded and assumed)

• Claims recoverable research and analysis

• Bookings of IBNR reserves quarterly

• Liaise and coordinate activities with branches and subsidiaries in foreign countries

• Assist with internal reporting requirements

• Aging analysis of premium receivables

• Quarterly Financial preparation.

CARONC Holdings 2008-2010

Is a private investment holding company with diverse business interest in Property development, Business Office Manufacture, Farming, IT, Construction and Engineering and Stock-broking.

Senior Financial Controller

Oversaw and coordinated the investment of the group in South Africa, Ghana and Nigeria. I represented the organization in negotiation agreements with partners in China and Thailand. I secured a country wide agency representation for the company. My duties also involved the certification and approval of financial statements for the group, banking relationships, employees and customer’s relations. Under my direct supervision were eight employees and 20 indirect reports.

• Managed $1,000,000 overseas investment with annual ROI of 10%

• Introduced new overseas suppliers yielding 25% COGS improvement.

• Introduced new product lines with a 30% gross profit improvement.

• Negotiated and implemented a new production/manufacturing line.

• $100,000 sales increased through expansion of business operations.

• Improved liquidity and cash flow by identifying and disposing of assets that was not in alignment with the goals and objectives of the company.

NewCourtland Elder Services 1998-2008

Is a non-profit organization with over 22 outlets of nursing homes and apartments for the aged.

Financial Controller

I was responsible for financial and operating results of 6 different entities with combined total annual revenue of $72 million and total capital budget of $7 million. I worked directly with CFO, VP Operations and Director of Finance. My scope of responsibilities also included managing bond accounts and relationships with trustees and bondholders. I also managed the development and implementation of annual budget on corporate and facility level. I managed 6 direct and 10 indirect employees.

• $500,000 penalty savings achieved by defending the company against levy by department of housing.

• $100,000 in annual interest cost savings by developing an effective payment cycle and cash management practices.

• Reduced wastage by implementing inventory systems for company's assets and supplies.

• Successfully implemented system conversion.

• Successfully integrated accounting and finance operation of takeover companies into the system.

• Successfully managed cash flow of a unit in bankruptcy.

Eugenia Hospital Inc. 1996-1998

Is a Psychiatric hospital with 5 ancillary subsidiaries.

Financial Controller

I was responsible for financial and operating results of 2 major Psychiatric hospital and 5 ancillary companies with revenue of $20 million and annual capital budget of $500,000. Managed benefit plans for 1200 employees. My scope of responsibilities also involved managing bond accounts and relationship with trustees and bondholders.

• $200,000 savings in annual interest cost by successfully managing cash flow of entities in bankruptcy.

• $500,000 savings by eliminating overlapping functions and responsibilities.

• $60,000 cost savings by negotiation of employee health benefits.

• Managed $10 million investments with annual yield of 7%.

EDUCATION

Masters in Accountancy: Expected completion date of December 2012

Bachelor of Science in Accounting 1988

SKILLS

Proficiency in WordPerfect, Microsoft Excel (Pivot table), Microsoft Word, Lotus 1-2-3,

and Lotus WordPro.

Accounting Software: MAS90, One-write plus, Peachtree, PeopleSoft, Quick book, Quick Pro,

Turbo Tax, Achieve Accounting, Pacioli, Great Plain Accounting, FRX reporting, and

Gwynedd Accounting. Executive Viewer and Cognos reporting tools.

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