Amanda Yervasi
East Northport,NY
Summary
Strategic Sarbanes Oxley Professional with expensive knowledge of financial and operational risk and controls, and oversight of Information Technology General Controls. Demonstrated capability in driving organizational success through strategic planning and operational oversight. Proven ability to foster collaborative team environments and deliver impactful results. Reliable and adaptable, with strong skills in leadership and project management. Finance, Internal Audit/Sarbanes Oxley and forensic experience in financial services, manufacturing, retail and governmental compliance. Skilled in risk assessment, audit planning, financial analysis.
Overview
22
22
years of professional experience
1
1
Certification
Work History
Sarbanes-Oxley Deputy Director
Global Foundries
03.2022 - 10.2024
- Company Overview: $6 billion semi-conductor company
- Lead the Company in year-one SOX efforts and built the program from ground-up with assistance of external consultants and internal staff
- Continues to lead the Company through its SOX Program for Business and ITGC
- Oversees the development of various aspects of the SOX program for Business and ITGC, such as Narratives, Flowcharts, Risk and Controls, training and ensuring appropriate documentation of controls
- Chairperson of SOX Steering Committee, includes leading meetings and reviewing all documentation presented to the SOX Steering Committee
- Reviews all new and changes to SOX risks and controls, ensuring proper control design
- Reviews Materiality / Risk Assessment and control rationalization
- Reviews Application scoping and Mapping
- Oversees Test of Design and Test of Operating effectiveness
- Reviews and assesses all deficiencies identified for ICOFR relevance
- Oversees SSAE18 Reports reviews completed by IT Compliance
- Manage special projects related to SOX program, i.e
- New requirements, application implementations, etc
- Participate in various management committee and working group meetings (Operations, Fraud, etc.)
- Work with external auditor to ensure compliance with SOX regulations and ADAA requirements
- Manage and guide the SOX Unit Staff and Co-Source Partners, including cross training all of the staff
- $6 billion semi-conductor company
- Lead the Company in year-one SOX efforts and built the program from ground-up with assistance of external consultants and internal staff
- Continues to lead the Company through its SOX Program for Business and ITGC
- Oversaw project management efforts, ensuring timely completion of projects within allocated budgets and scope.
- Fostered a positive work environment by promoting collaboration, transparency, and open communication among team members.
Sarbanes-Oxley Officer
NYCB
03.2020 - 03.2022
- Company Overview: $50 billion asset public domestic Bank
- Integral member of the Sarbanes-Oxley (SOX) team with responsibilities for financial compliance
- Oversees the Company’s SOX program, including performing all the Asst
- SOX Officer duties if necessary
- Chairperson of Internal Controls over Financial Reporting (ICOFR) Steering Committee
- Reviews all documentation presented to the ICOFR Steering Committee and conducts said meeting
- Prepares annual management’s reports in accordance with Item 308 of Regulations S-K or S-B, Section 112 of FDICIA, and Sections 122, 123, and 254 of the Banking Law
- Reviews the Fraud Risk Assessment
- Reviews all new and changes to SOX risks and controls and review for reductions in SOX controls
- Reviews quarterly SOX Memo and SOX process walk-throughs
- Reviews all deficiencies identified in the Bank for ICOFR relevance and prepares related 6-step analysis
- Oversee and Review SSAE18 Reports reviews completed by Business Process Owner
- Manage special projects related to SOX program
- Participate in various management committee and working group meetings (Operations, Fraud, etc.)
- Work with external auditor to ensure compliance with SOX regulations
- Manage and guide the SOX Unit Staff, including cross training all of the staff
- $50 billion asset public domestic Bank
- Integral member of the Sarbanes-Oxley (SOX) team with responsibilities for financial compliance
- Mentored junior staff members, helping them develop their skills and advance in their careers.
- Established effective relationships with key stakeholders both internally and externally for increased collaboration opportunities.
Assistant Sarbanes-Oxley Officer
NYCB
09.2014 - 03.2020
- Company Overview: $50 billion asset public domestic Bank
- Integral member of the Sarbanes-Oxley (SOX) team with responsibilities for financial compliance
- Secretary of the ICOFR Steering Committee
- Prepared minutes, speaking notes, materials and conduct the Internal Controls over Financial Reporting Steering Committee meeting
- Documented and assessed Company identified deficiencies for ICOFR relevance
- Performed and managed business process walkthroughs and control owner interviews
- Made determinations/recommendations for preparation and/or revisions of SOX control documentation
- Managed and streamlined the quarterly SOX certification process
- Assisted in documenting several SOX controls to cover the new/revised accounting and SEC regulations
- Revamped company-wide narratives, control matrices and risk assessment
- Reviewed SSAE18 Reports and prepared related documentation (i.e
- CEUC Mappings, etc.)
- Assisted Business process owners in validating information produced by entity for financial reporting
- Manage and guide the Internal Control staff
- $50 billion asset public domestic Bank
- Integral member of the Sarbanes-Oxley (SOX) team with responsibilities for financial compliance
- Implemented process improvements that streamlined workflows, reducing redundancies and increasing operational efficiency.
Senior Internal Auditor
Medical Action Industries
08.2010 - 08.2014
- Company Overview: $400 million medical supply public company with domestic and international operations centers
- Integral member of the internal audit team with responsibilities for finance and compliance
- Compliance responsibilities include risk assessment, control identification, process documentation, testwork, documentation of findings, assisted in year-end reporting for the Audit Committee and ensuring compliance with SOX
- Internal Audit responsibilities include preparing annual audit plan, creating policies and procedures, performing financial and operational audits from preparation through issuing audit reports
- Made consistent strides to decrease audit fees, through performing substantive testing for external auditors
- Assisted in reducing expenses for the Company by participating in the implementation of the wellness program, paperless audits and new audit software
- Integral member in documenting and applying the accounting & SEC regulations for transaction accounting, as well as the related investor conference call scripts used by the CEO and CFO, 8-k and 10-k
- Created internal financial and operational policies and procedures
- Revamped company-wide narratives, control matrices and risk assessment
- Created a GL Mapping for automated Journal Entries in SAP and validated reports used for financial reporting
- Integral member in selecting and implementing new audit software to reduce audit inefficiencies and reduce annual costs by 50%
- $400 million medical supply public company with domestic and international operations centers
- Integral member of the internal audit team with responsibilities for finance and compliance
Senior Financial Analyst
Mark S. Gottlieb, CPA, PC
03.2009 - 08.2009
- Company Overview: Long Island based forensic accounting firm with clientele throughout the East Coast
- Prepared and reviewed client’s business financials to determine their value, preparation and draft correspondence to clients, judges and attorneys, completion of various financial analyses, life style analyses and bank statement analyses and assisting in the research and writing of various technical whitepapers
- Long Island based forensic accounting firm with clientele throughout the East Coast
Corporate Financial Analyst
Veeco Instruments Inc.
01.2008 - 03.2009
- Company Overview: $500 million capital manufacturing public company with domestic and international operations centers
- SOX responsibilities included: performing risk assessments on all processes in the Company, assisting in planning and organizing annual testing requirements
- Financial Reporting responsibilities included: Preparing and reviewing quarterly internal reporting packages, preparing and reviewing SFAS 123r required reporting and analysis, assisting in preparation and review of the SEC Forms 10k & 10Q and reviewing draft press releases and conference call scripts
- Reviewed revenue recognition practices from operating divisions ensuring proper revenue recognition
- Integral team member for preparation and review analysis of asset impairment (SFAS 144 & 142)
- Conducted presentations to key Company employees on SOX requirements and revenue recognition policies
- Developed flowcharts for various global subsidiary locations
- Researched and authored numerous technical whitepapers
- $500 million capital manufacturing public company with domestic and international operations centers
Senior Auditor
Delta Financial Corp
01.2005 - 11.2007
- Company Overview: $500 million financial services public sub-prime mortgage company
- Identified and reviewed internal controls for all areas within the company
- For SOX, prepared flow charts and process narratives and ensured they provided a sufficient level of detail, conducted risk assessments on all processes in the Company, performed independent testing and ensured all remediation plans have been properly identified
- Created policies and procedures for all processes in the Company
- Led internal audits including operational and financial processes to ensure compliance with regulations & company policy
- Made recommendations to improve efficiency and effectiveness of internal controls
- Created audit work programs and subsequent audit reports for various areas
- Assisted in preparation of year-end reporting for Audit Committee and review of the 10-k for management
- Managed and reviewed the work of several new employees, most of whom had no previous experience in auditing or SOX
- $500 million financial services public sub-prime mortgage company
Staff Auditor
Aeroflex Labs
01.2004 - 01.2005
- Company Overview: $700 million leading global provider of radio frequency components and systems
- Directly reported to the Director of Internal Audit
- Implemented SOX throughout the Company which included identifying internal controls, documenting processes through narratives and flowcharts and completing testing
- Transformed the perception of internal audit from the 'audit police' to a 'trusted consultant', by forging productive relationships with key personnel, effectively communicating internal audit’s goals and objectives, along with SOX requirements
- $700 million leading global provider of radio frequency components and systems
Assurance Auditor
KPMG LLP
10.2002 - 12.2003
- Assisted in certified audit engagements, including performing testwork over a Company’s balance sheet and income statement account balances, including internal control, sales cutoff, accounts receivable, accounts payable, accrued expenses, cash, prepaids, fixed assets and revenue
- Analyzed and reviewed consolidated financial statements, including forms 10K, and 10Q for pharmaceuticals, manufacturing, and telecom clients
- Researched and documented for technical literature using the firm’s Assurance Source CD, use of Internet research
- Daily interaction with clients, interaction with upper level management
Education
Bachelor of Science - Accounting
Long Island University/C.W. Post
Brookville, NY05-2002
Skills
- Microsoft Suite
- SAP
- RSA Archer
- Auditboard
- Program Management
- Process Improvements
- Program Oversight
- Staff Development
- Risk Analysis
- Program implementation
References
Available upon request.
Affiliations
- IIA Board Member - Long Island Chapter
Certification
- Certified Internal Auditor (CIA) - Institute of Internal Auditors.
- Certified Public Accountant (CPA) - American Institute of Certified Public Accountants (AICPA).
Timeline
Sarbanes-Oxley Deputy Director
Global Foundries
03.2022 - 10.2024
Sarbanes-Oxley Officer
NYCB
03.2020 - 03.2022
Assistant Sarbanes-Oxley Officer
NYCB
09.2014 - 03.2020
Senior Internal Auditor
Medical Action Industries
08.2010 - 08.2014
Senior Financial Analyst
Mark S. Gottlieb, CPA, PC
03.2009 - 08.2009
Corporate Financial Analyst
Veeco Instruments Inc.
01.2008 - 03.2009
Senior Auditor
Delta Financial Corp
01.2005 - 11.2007
Staff Auditor
Aeroflex Labs
01.2004 - 01.2005
Assurance Auditor
KPMG LLP
10.2002 - 12.2003
Bachelor of Science - Accounting
Long Island University/C.W. Post
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