Overview
Work History
Timeline
Generic

CYNTHIA ROUNDS-MCGUIGAN

West Bridgewater,MA

Overview

35
35
years of professional experience

Work History

Accountant Manager

Massachusetts Bankers Association (M.B.A.)
10.2023 - Current
  • Led developing and implementing systems for gathering, analyzing, and validating financial data to increase transparency and efficiency in the reporting process
  • Improve regulatory compliance by introducing and promoting correct accounting procedures, rules, and principles
  • Ensure accurate financial transactions within timelines while acting as primary liaison for managing accounts payable and receivable for subsidiaries
  • Compiled financial statements for the M.B.A., its Subsidiaries, and the Rhode Island Bankers Association by reviewing and synthesizing accounting data and generating insights to support informed financial planning
  • Project Management – Completed ad hoc projects in conjunction with Vice President of Finance
  • Maintained integrity of financial records across accounts payable, accounts receivable, and the general ledger by overseeing the reconciliation of bank statements and conducting cash flow analyses
  • Tax Preparation- work in conjunction with auditors in preparation of tax forms
  • Enhanced effectiveness of accounts payable operations - by implementing new policies and procedures
  • Accomplished financial goals by estimating requirements, creating yearly budgets, and streamlining expenditure planning
  • Directed audit planning initiatives while collaborating with external auditors to optimize the auditing process
  • Provided smooth inter-company financial operations by facilitating accurate reconciliation of cash flows between entities
  • Supported informed decision-making by verifying financial health by assessing income sources and reducing expenses
  • Primary Duties include: Monthly Reconciliations, Accounts Payable & Receivable, Financial Reporting, Audit and tax reporting, Fixed Assets, Monthend, quarterly and Yearly Financial report preparation & statements, journal vouchers, legislative reporting, State Insurance Licensing.

Financial Associate II

Harvard University
06.1990 - 10.2023
  • Directed and handled diverse financial tasks, including preparation of reports, accounts payable and receivable, suggesting fiscal procedures, organizing accounting records, processing payments, and evaluating payroll documents to maximize operational efficiency
  • Delivered strategic advice on reports, best practices, and significant financial data while coordinating with senior executives and financial deans
  • Provided rapid transaction processing and ensured smooth financial operations by establishing and maintaining an extensive records database
  • Enhanced client satisfaction and streamlined service delivery by managing account transactions and addressing customer inquiries about financial products
  • Assured proper documentation of business transactions by arranging and verifying records, such as invoices and checks
  • Ensured execution of Harvard University's S115 and GAAP standards and completed extensive assessments, analysis, and recordkeeping while retaining internal financial procedures
  • Offered secure and accurate cash transfers by processing highly sensitive financial data and monitoring the $1-5M deposit in Harvard University bank accounts
  • Primary Duties include processing mortgage Payments and Documentation, Monthly Reconciliations, Accounts Payable & Receivable, Financial Reporting, Audit and tax reporting, Fixed Assets, Monthend, quarterly and Yearly Financial report preparation & statements, loan applications, Discharge paid if full loan mortgage loans, processing Journal Vouchers.

Financial Associate I

Harvard University
03.2014 - 03.2022
  • Processed all paid loans, including delivering discharge letters to borrowers and attorneys to complete loan discharges within schedules
  • Oversaw financial processes to ensure reliability and effectiveness in financial management
  • Sustained, organized, and updated records by handling and closing all paid-in-full accounts with related documentation
  • Responsible for Financial Controls and All phases of the Accounting Cycle- by implementing new policies and procedures
  • Accelerated fund transfers to MELO and streamlined financial procedures by executing wire payment requests and coordinating cash receipts
  • Enhancing statement review processes achieved a 35% increase in review efficiency and accuracy
  • Verified and Monitor Mortgage & Educational loans and eliminated MELO life insurance interest for paid-in-full borrowers by proposing and implementing a new process to boost borrower satisfaction
  • Primary Duties include Monthly Reconciliations, Accounts Payable & Receivable, Financial Reporting, Audit and tax reporting, Fixed Assets, Monthend, quarterly and Yearly Financial report preparation & statements, loan applications, Discharge paid if full loan process, processed Journal Vouchers.

Staff and Accounting Assistant IV

04.1990 - 03.2014
  • Handled Account Receivable adjustments and managed overdue accounts by communicating with Departmental Financial Deans and borrowers to provide faster resolution times and more account reliability
  • Reconciled Office Treasury Accounts while promoting record alignment and addressing discrepancies to uphold financial integrity
  • Performed independently to create and fulfill monthly and yearly schedules, refining process efficiency, and time management
  • Managed account receivable accounts by modifying client data according to professors' arrivals and departures on leave to ensure proper billing and client monitoring
  • Communicated fund account totals to departments by phone, offering timely financial information and supporting departmental budgeting
  • Improved financial regulation and reporting consistency by preparing and distributing year-end and quarterly reporting updates, including complete borrower balance information to Department finance deans
  • Certified correct financial entries by compiling and analyzing monthly principle and interest distribution journal vouchers
  • Investigated anomalies between the general ledger and MELO data and optimized financial reconciliation by reviewing and preparing summaries of accurate reports
  • Supported precise financial forecasting and budgeting by distributing year-end spreadsheets to department financial deans
  • Monitored payroll deductions and examined missing entries to verify correctness and swiftly resolve issues
  • Adjusted ECSI records according to payroll changes and executed final payroll payments to retain current financial records.

Timeline

Accountant Manager

Massachusetts Bankers Association (M.B.A.)
10.2023 - Current

Financial Associate I

Harvard University
03.2014 - 03.2022

Financial Associate II

Harvard University
06.1990 - 10.2023

Staff and Accounting Assistant IV

04.1990 - 03.2014
CYNTHIA ROUNDS-MCGUIGAN