1. Steven M. Akre 4038 230th Pl SE Sammamish, WA 98075 Home Phone (425) 313-0541 Cell (425) 533-7831 “Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence and energy. And if they don’t have the first, the other two will kill you” – Warren Buffet – Feb 1994
2. OBJECTIVE Seasoned finance & accounting professional looking to bring my integrity, experience, and energy to a smaller technology based company or large corporate environment as a Senior Manager “Choose a job you love and you will never have to work a day in your life” - Confucious View complete resumeas a Word document
3. SUMMARY of QUALIFICATIONS Driven, dedicated and results oriented finance & accounting professional with 20 years of broad and diverse experience in finance & treasury operations, annual planning, capital budgeting, accounting, management reporting and business analytics, within small, mid-size and large companies. Possess a special balance of top notch analytical skills, excellent business acumen and strong communication skills. View complete resumeas a Word document
8. Documenting, streamlining and improving key finance, budgeting, forecasting, and Accounting processes (Bronze certified OpEx)
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10. Core member of technology roadmap team tasked with identifying and implementing technology improvements for wire room, investment accounting and ALM (QRM, Summit, Intrader and TPG systems enhancements)
11. Through proactive and detailed G/L & invoice research, identified and corrected accounting, tax, and capitalization errors that resulted in saving over $10M of non-FTE related operating expenses. Including identifying overstated B&O tax receipts ($1M) improperly expensed funding deal costs ($5M), ($1M) of improperly expensed contractor project expense, and over $100K of vendor overcharging via duplicate invoicing.
12. Exceeded Corporate Finance’s SRF accuracy goal of 95% for the monthly Short Range forecast process in 2007 and 2008
13. Forecasted Treasury Segment balance including all planned debt issuances/retirement (senior & subor), Brokered CD’s, FHLB adv/div, BOLI Income, Covered bonds, income from AFS Securities Portfolio, and cash balances. - $115B balance sheet
14. Bank’s In –House expert on FDIC insurance fees. Developed & rolled out enterprise-wide forecasting model for FDIC (DIF/FICO) insurance expense with an annual cost of ~ $40 - $80M. Coordinated segment planning and monthly accruals to ensure enterprise wide accuracy and reporting to FDIC.
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16. Ended the 2004 fiscal year with a 98% budget accuracy on a $630M direct expense occupancy budget
17. Developed and implemented an automated data upload process to bring building Square Footage into a new non-financial data dimension in Hyperion allowing for detailed analysis/reporting and simplified CPSF internal benchmarking
18. Designed and implemented a unique budget coding matrix for lease terminations that allowed for system based reporting and analysis that allowed for greatly enhanced cost save tracking of planned facility closures.
19. Worked closely with all groups in CPS including Facilities Asset Management, Lease Administration, Real Estate Delivery, and Portfolio Mgmt to identify, implement and report cost abatement and reduction opportunities.. These efforts reduced utility and contract services expenses by over $3M in 2004 & 2005
20. Designed and implemented an improved methodology for corporate allocations of over $250M of occupancy expense to segments including an improved chargeback rate calculation model and web based chargeback look-up tool
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22. Created and maintained comprehensive corporate model of multinational startup with planned revenues of $750M
23. Authored and presented to senior management the Merchant Chargebacks policies and procedures manual
24. Responsible for wire functions, weekly/monthly cash forecasts, bank reconciliations and POC for banking relationships Performed bulk of investor relations function, managed relationship with Stock Transfer agent (Mellon Bank). Helped organize/plan annual shareholder meetingeCharge was an online payments solution system developer, integrator and provider targeting business-to-business (“B2B”), business-to-consumer (“B2C”), and consumer-to-consumer (“C2C”) transactions. eCharge products enabled a fraud-free, low cost, Internet purchase of a product or service by providing secure, scalable, and convenient payment solutions on behalf of business, merchant, and consumer users of eCommerce
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26. Authored and published over 30 detailed financial, operational and compensation benchmark studies for clients including, Hallmark Cards, Shell Oil Co, Goodyear Tire, PPG (Pittsburgh Plate &Glass) IAFP Broker/Dealer Division, International Marina Institute, AFA, ICPA, AWI, SMACNA and The Pankey Institute. Awarded “Best Presenter” of the 1996 ICPA annual convention.
27. Closed the largest sale of WinCredit to Banco Poplar in Puerto Rico totaling $35,000 or 35 user’s license.
28. Spearheaded development and release of customized versions of Profit Mentor targeted to firm’s niche practices in Construction, Health Care and Banking industries.
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30. Systems Experience Systems Experience Highly proficient in Microsoft Excel, Word, PowerPoint, Access, Outlook, Projects, Mekko Graphics, Business Objects, Hyperion Planning & Essbase. Knowledgeable with Cognos Planning/Contributor,QuickBooks, Adaytum, Bricsnet, Intrader, Summit, Virtual Premise, FIS, MAS 90, and JD Edwards. Professional and Community Associations PSIA certified ski instructor – member PSIA NW Treasurer/Church Council member – Shepherd of the Hills Lutheran Church, Sammamish, WA Board of Directors/Treasurer– Yacinde Condominium Association – Wapato Point Resort, Manson, WA Regular volunteer for Operation Night Watch (shelter for the homeless) – Seattle, WA View complete resumeas a Word document