Biruk Derara
Dallas,Texas
Summary
Experienced finance and Accounting professional with over five years of leadership in branch operations and customer Account management at the Commercial Bank of Ethiopia. Demonstrated expertise in client relationship management, data migration, and team training, contributing to significant increases in client acquisition and service efficiency. Holds a Master of Science in Accounting and Analytics from the University of Texas at Dallas and a Master of Commerce from Indira Gandhi National Open University. A CPA candidate with strong analytical skills, technical proficiency in advanced Excel, STATA, Oracle business suite, and T-24, and a commitment to excellence in financial management. Actively involved as a CPA candidate in the Texas Certified Public Accountant Association.
Overview
5
5
years of professional experience
1
1
Certification
Work History
Customers Account Manager
Commercial Bank of Ethiopia
09.2017 - 06.2019
- Oversee the general ledger, ensuring 100% accuracy and timeliness in over 10,000 monthly entries.
Review and approve journal entries prepared by junior staff, maintaining an error rate below 1%.
Reconcile accounts, achieving a 98% accuracy rate and ensuring the integrity of financial data for over $50 million in assets.
Prepare financial forecasts and perform variance analysis, reducing forecast deviations by 15% year-over-year.
Manage the preparation of financial forecasts and budgets, leading to a 10% improvement in budget adherence across departments.
Ensure compliance with federal, state, and local financial regulations, contributing to zero compliance violations during audits.
Assist in the implementation and monitoring of internal controls, enhancing the security of bank assets, and reducing risk incidents by 20%.
Customer Service Manager, Accounts
Commercial Bank of Ethiopia
07.2014 - 09.2017
- Prepare and post journal entries for various accounts, ensuring 99% accuracy and completeness in over 500 entries per month.
Maintained and reconciled general ledger accounts regularly, achieving 100% reconciliation accuracy for $1.3 million in monthly transactions.
Assist in month-end and year-end closing processes, reducing the closing cycle time by 20% and ensuring timely financial reporting.
Assist in the preparation of financial statements and reports, including balance sheets, income statements, and cash flow statements, contributing to a 10% improvement in report accuracy and timeliness.
Ensure financial records are maintained in compliance with accepted policies and procedures, resulting in zero discrepancies during internal and external audits.
Support audits by providing necessary documentation and explanations, facilitating audits with 100% on-time delivery and zero findings.
Resolved customer complaints with a 95% satisfaction rate, enhancing customer loyalty and reducing repeat complaints by 30%.
Education
Master of Science - Accounting and Analytics
The University of Texas at Dallas, Naveen Jindal School of Management
05.2024
Master of Arts - Commerce And International Business Operation
Indira Gandhi National Open University, New Delhi
New Delhi, India12.2016
Bachelor of Arts - Finance and Development Economics
Addis Ababa University, Addis Ababa, Ethiopia
Addis Ababa, Ethiopia07.2011
Skills
Proficient in using accounting software such as QuickBooks and SAP
Analyze financial data to identify trends, variances, and opportunities for improvement
- Understanding and applying relevant laws, regulations, and standards (eg, GAAP, IFRS, Sarbanes-Oxley)
- Ethics: Strong ethical foundation, ensuring integrity in financial reporting and adherence to professional standards
- Proficiency in managing and reconciling general ledger accounts
Certification
CPA Candidate (Passed Audit and Attestation section and working on Regulation, Tax compliance and Planning and FAR sections of the exam)
Technicalskills
- CCH SPFx
- Engagement
- Advanced Microsoft Excel
- STATA
- Oracle business suite
- T-24
Eligibility
Eligible to work in the US for internships and full-time with no restrictions
Academicprojectexperience
Developed an article on the importance of adequate liquidity in commercial banks, emphasizing commercial banks of Ethiopia., 06/10, 08/10
Additional Information
I'm aspiring CPA.
Timeline
Customers Account Manager
Commercial Bank of Ethiopia
09.2017 - 06.2019
Customer Service Manager, Accounts
Commercial Bank of Ethiopia
07.2014 - 09.2017
CPA Candidate (Passed Audit and Attestation section and working on Regulation and FAR sections of the exam)
Master of Science - Accounting and Analytics
The University of Texas at Dallas, Naveen Jindal School of Management
Master of Arts - Commerce And International Business Operation
Indira Gandhi National Open University, New Delhi
Bachelor of Arts - Finance and Development Economics
Addis Ababa University, Addis Ababa, Ethiopia
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