Christopher Innamorati
North Grafton,MA
Summary
Dynamic finance professional with a proven track record at Bank of New York Mellon Corp, specializing in cash reconciliation and strategic leadership. Successfully led initiatives that reduced asset-based exceptions by 20%, demonstrating strong risk assessment and team management capabilities. Committed to enhancing productivity and accuracy in asset management and NAV reporting.
Overview
32
32
years of professional experience
Work History
Senior Manager, US Reconciliation Oversight Group
Bank Of New York Mellon Corp
Westborough, MA
02.2018 - 09.2022
- Directed development and interactions with an onshore oversight team of 12 members.
- Managed daily oversight and risk review of exception-based cash and asset reconciliations for more than 23 management company clients, encompassing over 200 individual mutual fund portfolios.
- Provided oversight, performance feedback, and direction to regional offshore reconciliation teams in India.
- Prepared and communicated weekly and monthly cash and asset reporting analyses to internal NAV operations teams, and senior risk management teams.
- Led improvement initiatives resulting in a 10% reduction in manually processed cash-based exceptions, a 20% reduction in asset-based exceptions, and a 15% increase in efficiencies and productivity.
Lead Analyst, Fund/Client Accounting
Bank Of New York Mellon Corp
Westborough, MA
03.2014 - 01.2018
- Directed daily NAV accounting and reporting for five management company clients, overseeing over 80 multi-class mutual funds.
- Reviewed all aspects of daily mutual fund accounting and NAV reporting, including capital stock, trades, income and expenses, security master setups, and fund distributions.
- Validated impact changes related to realized gains/losses, income, capital stock, and expenses.
- Reviewed priced portfolios and final NAVs, validating stale prices and significant percentage movers, ensuring the accuracy of NAVs released to clients and vendors.
- Maintained NAV Accuracy exceeding 99.7%.
Investment Accounting Supervisor
Bank Of New York Mellon Corp
Westborough, MA
04.2010 - 02.2014
- Oversaw a portfolio of funds, ensuring precise and timely documentation of all financial transactions.
- Performed daily, weekly, and monthly NAV calculations for assigned funds in compliance with GAAP standards.
- Reviewed daily NAV calculations by staff accountants to ensure accuracy.
- Adhered to Fund Accounting Daily checklists ensuring compliance with risk control procedures which prevented loss.
Investment Accounting Supervisor
PNC Global Investment Servicing
Westborough, MA
04.2005 - 03.2010
- Collaborated with auditors during annual audits by providing the necessary documentation and resolving any accounting discrepancies.
- Maintained the books and records of multiple mutual funds in accordance with the Investment Company Act of 1940.
- Led, supervised, mentored newly hired staff accountants to ensure comprehensive training.
Senior Unit Manager
PFPC Global Fund Services
Westborough, MA
11.1999 - 03.2005
- Prepared semiannual and annual financial statements for auditor review.
- Delivered fund audit packages to internal and external auditors and supplied sufficient backup and answers to auditor inquiries.
- Generated and processed fiscal year-end closing entries.
Data Conversion Specialist
First Data Corporation
King Of Prussia, PA
12.1998 - 10.1999
- Supported the transition and implementation of fund accounting systems and platform conversions.
- Loaded, scrubbed, and paralleled converted fund accounting records prior to the 'live date' to ensure accuracy and transparency.
- Successfully converted all mutual fund accounting records from the FPS accounting platform (IAS) to First Data Corporation’s accounting platform (GMFA) following FDC's acquisition of Fund Plan Services, Inc. All conversions were completed well ahead of deadlines and schedules.
Unit Manager Fund Accounting
The Shareholder Services Group
Boston, MA
08.1994 - 11.1998
Senior Mutual Fund Accountant
Mellon Bank
Boston, MA
01.1993 - 07.1994
Mutual Fund Accountant
The Boston Company
Boston, MA
07.1990 - 12.1992
Education
Bachelor of Science - Business Administration Finance & Economics
Salem State University
Salem, MA05-1990
Skills
- Cash reconciliation
- Asset management
- NAV reporting
- Risk assessment
- Performance analysis
- Regulatory compliance
- Microsoft excel
- Microsoft word
Timeline
Senior Manager, US Reconciliation Oversight Group
Bank Of New York Mellon Corp
02.2018 - 09.2022
Lead Analyst, Fund/Client Accounting
Bank Of New York Mellon Corp
03.2014 - 01.2018
Investment Accounting Supervisor
Bank Of New York Mellon Corp
04.2010 - 02.2014
Investment Accounting Supervisor
PNC Global Investment Servicing
04.2005 - 03.2010
Senior Unit Manager
PFPC Global Fund Services
11.1999 - 03.2005
Data Conversion Specialist
First Data Corporation
12.1998 - 10.1999
Unit Manager Fund Accounting
The Shareholder Services Group
08.1994 - 11.1998
Senior Mutual Fund Accountant
Mellon Bank
01.1993 - 07.1994
Mutual Fund Accountant
The Boston Company
07.1990 - 12.1992
Bachelor of Science - Business Administration Finance & Economics
Salem State University
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