Summary
Overview
Work History
Education
Skills
Timeline
Generic

Allison Chornuk

Des Moines,IA

Summary

A seasoned financial operations expert, excel in analytical thinking and problem-solving, honed at The Members Group. Known for meticulous attention to detail and fostering strong client relationships, I've significantly enhanced settlement processes and training methodologies, leveraging proficiency in Microsoft Office and deep knowledge of the card payment industry.

Overview

16
16
years of professional experience

Work History

CU Financial Ops Consultant

Velera
08.2024 - Current
  • Conduct comprehensive pre-conversion Omaha Debit and Credit analysis of the Member Credit Union general ledger system and act as consultant in mapping their general ledger chart of accounts to the settlement applications.
  • Serve as primary contact for member/owner credit union staff in regards to the settlement processes and concerns. A high degree of accuracy is critical due to potential losses and liability.
  • Prepare/organize/facilitate training plans with all levels of the FI organization with daily support post conversion for two weeks. If requested by the FI, further support may be required.
  • ·Analyze credit unions chart of accounts and make recommendations on the recording of the settlement general ledger accounting.
  • Keep Member Relations apprised of any issues that may warrant their attention with regard to a member/owner credit union.
  • Maintain Quality Assurance through review of credit union procedures and practices, and make recommendations to minimize financial liability.
  • Ensure that credit union staff fully understand the Omaha settlement process and provide guidance in assigning general ledger accounts for the recording of the daily settlement process.
  • Recommend, create, update and supplement training materials to the Creative Media Services Manager and Training Manager to enhance delivery of settlement training to members.
  • Respond to open tickets from FIs requesting guidance/assistance on their daily settlement

Senior Settlement Accountant

Coop Financial Services
08.2013 - 08.2024
  • Provide leadership and guidance in updating and maintaining excel workbooks utilized within settlement services.
  • Actively engage in the continuous improvement of settlement documentation and controls.
  • Lead the configuration of multiple system to support converting and de-converting clients.

Settlement Accountant III

The Members Group
04.2012 - 07.2013
  • Performed various daily settlement and control functions to ensure the accurate exchange of funds with multiple financial institutions.
  • Ensured proper recording of all settlement transactions.
  • Provided settlement transaction accounting customer service to financial institutions.
  • ·Served as a resource for training new team members on daily and monthly processes.
  • Collaborated extensively with auditors during preliminary and year-end audit process.
  • Reviewed monthly reconciling general ledger accounts

Settlement Accountant II

The Members Group
01.2011 - 04.2012
  • Analyzed files and accounts for discrepancies and resolved variances.
  • Entered financial data into company accounting database for verification and reconciliation to maintain accurate and current accounts at all times.
  • Ensured team members followed proper settlement processes.

Settlement Accountant

The Members Group
08.2008 - 01.2011
  • Prepared daily settlement transaction workbooks for multiple clients.
  • Monitored bank accounts for accurate and timely postings.
  • Collaborated with multiple departments to resolve clients inquires.

Education

Bachelor of Science - Accounting

Upper Iowa University
Fayette, IA
2004

Associate of Science - Accounting And Busines Administration

AIB
Des Moines, IA
1995

Skills

  • Complex problem-solving
  • Analytical thinking
  • First Data (3270 Blue Zone)
  • Proficient with Microsoft Office products
  • Knowledgeable in card payment industry
  • Month-end and year end closing procedures

Timeline

CU Financial Ops Consultant

Velera
08.2024 - Current

Senior Settlement Accountant

Coop Financial Services
08.2013 - 08.2024

Settlement Accountant III

The Members Group
04.2012 - 07.2013

Settlement Accountant II

The Members Group
01.2011 - 04.2012

Settlement Accountant

The Members Group
08.2008 - 01.2011

Bachelor of Science - Accounting

Upper Iowa University

Associate of Science - Accounting And Busines Administration

AIB
Allison Chornuk