Microsoft Excel
Adam Tracz
Baltimore,MD
Summary
Accomplished Manager at The Carlyle Group, expert in data analysis and problem-solving, significantly enhanced equity management processes. Demonstrated strong work ethic and attention to detail through successful fund restructurings and system upgrades, streamlining financial reporting and improving automation.
Overview
14
14
years of professional experience
Work History
Manager
The Carlyle Group
01.2021 - Current
- Subject matter expert for Equity related data and systems.
- Designed and facilitated process for restructuring of large group of funds, which resulted in 80% increase in efficiency.
- Collaborated with other teams to design accounting process for new module in Equity Management System (EMS).
- Point of contact for all data related issues surrounding Carry Transaction Reporting (CTR).
- Managed process documentation effort among multiple teams, created process flows to facilitate more efficient process.
- Streamlined investment onboarding issues, resulting in more automation and less manual work.
- Solved dozens of data issues related to number of relevant systems.
- Represented Equity on data steward council, responsible for aligning enterprise data elements.
- Handled fund legal entity structure changes and restructuring projects.
- Conducted data cleanup projects and fixed invalid entries.
- Supported quarterly financial reporting efforts.
Business Analyst
The Carlyle Group
11.2015 - 12.2020
- Key member of EMS upgrade project and business process reengineering (approx 2016-2019).
- Collaborated with various teams to design brand new chart of accounts for new EMS 2.0 platform.
- Designed all journal entries required for EMS 2.0 upgrade.
- Worked with high level members of other teams to receive approval for various new processes.
- Assisted with requirements gathering for new EMS 2.0 UI, and QA testing.
- Managed contract workers for extensive data conversion effort from old system to new.
- Provided key insight on new processes for receiving and outputting Equity data.
- Worked with technical staff to troubleshoot issues.
- Created ad-hoc reports to evaluate specific business requirements.
- Analyzed data to identify root causes of problems and recommend corrective actions.
Senior Accountant
The Carlyle Group
01.2013 - 10.2015
- Reviewed several steps of carry distribution process; including letter preparation and distribution, and cash transfers internally and to individuals.
- Prepared waterfall calculation analysis and cross-collateralization schedule (cross schedule) for realized distributions.
- Lead quarterly restricted cash process. Support and coordinate team members preparing GP and ILP schedules, and responsible for first level review of all consolidated cash analysis and of final restricted cash deliverable.
- Reviewed journal entries for cash and non-cash activities in general ledgers for multiple entities.
- Review year-end general ledger closing for respective entities.
- Reviewed tax workpapers and final K-1 documents for several upper tier entities. Help manage delivery of
- those documents to individuals.
- Lead process and review data used in preparing quarterly distribution summary used for tax estimates by Carlyle Unit Holders. Responsible for delivery to recipients and responding to questions.
Staff Accountant
The Carlyle Group
07.2010 - 12.2012
- Prepared financial reporting schedules provided to Corporate Accounting for quarterly reporting of carried interest transactions, accrued carried interest and restricted cash.
- Reconciled Equity-managed bank accounts on a monthly basis.
- Prepared journal entries for cash and non-cash activities in the general ledgers for multiple entities.
- Assisted with year-end carry allocation updates for promotions and new hire decisions.
- Prepared carry distribution letters, entries in EMS, cash transfers.
- Reviewed and maintain investment and carry allocation data in EMS and support schedules for assigned funds. Reviewed employment agreements to ensure compliance with carry provisions.
Education
Master of Science - Accounting And Information Systems
Virginia Tech
Blacksburg, VA05.2010
Bachelor of Science - Accounting And Information Systems
Virginia Tech
Blacksburg, VA05.2009
Skills
- Data Analysis
- CRM Systems
- Accounting Systems
- Enterprise Data
- Problem Solving
- Agile Methodology
- Business Needs Analysis
- Attention to Detail
- Analytical Problem Solving
- Data Mapping
Software
Peoplesoft
Appian Workflow
Investran Accounting
Workday
Salesforce
Business Objects
Interests
Family, golf, Virginia Tech football
Timeline
Manager
The Carlyle Group
01.2021 - Current
Business Analyst
The Carlyle Group
11.2015 - 12.2020
Senior Accountant
The Carlyle Group
01.2013 - 10.2015
Staff Accountant
The Carlyle Group
07.2010 - 12.2012
Master of Science - Accounting And Information Systems
Virginia Tech
Bachelor of Science - Accounting And Information Systems
Virginia Tech
Similar Profiles
Katherine FustoKatherine Fusto
Project Manager at The Carlyle GroupProject Manager at The Carlyle Group
Christopher GautierChristopher Gautier
Maintenance Technician at The Carlyle GroupMaintenance Technician at The Carlyle Group
Zachary PetersZachary Peters
Manager - Infrastructure / Engineering at The Carlyle GroupManager - Infrastructure / Engineering at The Carlyle Group
Latonya JacksonLatonya Jackson
Main Grill Cook at Towson State UniversityMain Grill Cook at Towson State University
Earl McNeilEarl McNeil
Part Time Preload Operations Supervisor at HailiftyPart Time Preload Operations Supervisor at Hailifty