ELIZABETH HUGHES
Summary
Controller with 25 years experience across multiple different industries. Wealth of resources to pull from to solve problems and make improvements
Overview
22
22
years of professional experience
1
1
Certification
Work History
DIRECTOR of QUALITY ASSURANCE
KRUZE CONSULTING
03.2023 - Current
- With a staff of 2 Quality Managers, handle requests for QA checks, which involves reviewing financials of venture backed start-up clients, ensuring GAAP compliance, documenting issues, and helping account managers with the resolution
- Fielding numerous questions from the accounting staff of 80+ accountants on the interpretation of GAAP for client complexities
- Since taking the position successfully worked through over 150 cases
- Created a QA Dashboard with usable metrics.
CONTROLLER
KRUZE CONSULTING
04.2022 - 03.2023
- Prepare and review month end close schedules on multiple start-up clients across industries
- Create and send financial reporting packages to clients, some requiring consolidations
- Ensure clients questions/concerns are answered on a timely basis
- Successfully transitioned multiple clients out of QA - where the books needed to be corrected/cleaned up and the client confidence restored.
VICE PRESIDENT | CITI TREASURY INVESTMENTS
CITI
05.2020 - 04.2022
- Part of the team that handles the accounting function for the four trading desks of CTI, approx 40 billion in securities
- Handles the quarterly reporting (CECL, Qmemo, 10Q review), special projects, audit requests, and regulatory requests for the group.
CONTROLLER
BUFFALO NIAGARA MEDICAL CAMPUS, INC
01.2019 - 03.2020
- Review and consolidate 13 entity financial statements
- Prepare MD&A for Board package
- Manage Grant funding/invoicing/reporting
- Created online Balance Sheet reconciliations for all 13 entities
- Implemented budgeting software package.
CONTROLLER
RJ WATSON
07.2017 - 01.2019
- Position encompasses all Finance, Human Resources, and Legal tasks
- Implemented new time tracking and payroll system
- Created a cash forecasting worksheet to manage current and future cash needs
- Rewrote and issued the Employee Handbook
- Implemented controls and procedures for multiple processes in regards to Finance, HR, and Contract review
- Devised a contract tracking spreadsheet
- Reduced month end close time from 30 days to under 10 days
- Developed monthly balance sheet reconciliation schedules
- Created an annual budget worksheet and process.
ACCOUNTING MANAGER
ELDERWOOD ADMINISTRATIVE SERVICES
04.2016 - 07.2017
- Prepared, reviewed, and analyzed monthly financial statements for 6 long-term care pediatric facilities and 1 Assisted Living facility
- Managed annual budgeting process for facilities
- Ran the monthly Operations PL meetings with owners
- Managed staff accountant and 2 billers.
FINANCE MANAGER
BELIMED INC
04.2012 - 09.2014
- Prepared, reviewed, and analyzed monthly financial statements
- Converted from US GAAP to Swiss GAAP for corporate reporting
- Managed annual budgeting process from inception to completion
- Handled multiple inquiries and requests from corporate
- Manage a staff of two, AR and AP analysts
- Streamlined monthly close process from over 15 days down to 3 days
- Designed and built multiple financial reports to assist upper management in managing the business
- Implemented process improvements to provide better internal controls, more accurate data for reporting.
VICE PRESIDENT | RISK TREASURY FINANCIAL CONTROL
CITI
06.2006 - 02.2011
- Handled all accounting functions for the Risk Treasury Business Unit
- Migrated Risk Treasury Financial Control function to Buffalo from New York City (NYC)
- Led Risk Treasury portion of FDIC Modernization Project, collaborating with multiple groups
- Completed major Delaware consolidation project within 3 months of hire
- Served as key team member, researching, selecting, and implementing software program to replace OPICS
- Administer correct critical function testing implementation and maintenance of RCSA/SOX 44
- Supervised reconciliation process of product processor to the ledger, ensuring 100% accounting accuracy
- Streamlined processes in Risk Treasury, reducing staff required by 50%.
VICE PRESIDENT | CITIGROUP FUND SERVICES FINANCIAL CONTROL
CITI
04.2008 - 01.2010
- Entrusted to direct all financial functions during major relocation & dissolution of Citigroup Fund Services from Portland, ME to Buffalo, NY, while jointly managing Risk Treasury Financial Controller role.
SENIOR SPECIALIST - SECURED DEBT FINANCIAL CONTROL PROJECT
CITI
07.2007 - 03.2008
- Jointly migrated Secured Debt function from NYC to Buffalo, accepting additional responsibility in conjunction with Risk Treasury during Supervisor of Secured Debt's absence
- Trained accounting team that took over
CONTROLLER
SCHOFIELD RESIDENCE
06.2004 - 06.2006
- Implemented financial procedures, controls, and daily financial administration for multimillion-dollar senior care provider
- Directed 9 professional and administrative personnel, conducting cross-training and evaluations
- Reviewed 990 tax returns
- Prepared annual budget, Medicaid, and Medicare cost reports.
CONTROLLER | SENIOR COORDINATOR OF FINANCE
HORIZON HEALTH SERVICES
09.2001 - 06.2004
- Directed cash management and day-to-day operational and financial duties for $30M+ revenue not-for-profit
- Analyzed and reviewed financial statements
- Managed the Grant reporting/invoicing
- Managed staff training and advancement, annual review process, disciplinary initiatives, and employment termination
- Created 'Budget Book' reference tool
- Reduced month-end close time from 30 to 12 days, cut on-site audit time from 3 weeks to 3 days
- Promoted within 6-months from Payroll Clerk to full oversight for Finance Department, despite minimal training
- Within 3-months, led conversion to new accounting software
- Established full confidence in all financial statements and reduced Auditor's Management Report issues from 14 down to 1 within 3 years.
Education
MBA -
UNIVERSITY at BUFFALO (SUNY)
Buffalo, NYBS - Business Administration (Accounting & Finance)
UNIVERSITY at BUFFALO (SUNY)
Buffalo, NYSkills
- Consolidations
- Multi-Entity Accounting
- Foreign Currency Translation
- Month-end Close
- Financial Reporting
- SaaS Revenue
- Budgeting/Forecasting
- GAAP compliance
- Quickbooks Online
- Ramp/Brex/Billcom
- Rippling/Gusto/ADP
- Great Plains/Dynamics/Sage
Certification
CPA, passed exam, taking last class for education requirement, Fall 2023
Timeline
DIRECTOR of QUALITY ASSURANCE
KRUZE CONSULTING
03.2023 - Current
CONTROLLER
KRUZE CONSULTING
04.2022 - 03.2023
VICE PRESIDENT | CITI TREASURY INVESTMENTS
CITI
05.2020 - 04.2022
CONTROLLER
BUFFALO NIAGARA MEDICAL CAMPUS, INC
01.2019 - 03.2020
CONTROLLER
RJ WATSON
07.2017 - 01.2019
ACCOUNTING MANAGER
ELDERWOOD ADMINISTRATIVE SERVICES
04.2016 - 07.2017
FINANCE MANAGER
BELIMED INC
04.2012 - 09.2014
VICE PRESIDENT | CITIGROUP FUND SERVICES FINANCIAL CONTROL
CITI
04.2008 - 01.2010
SENIOR SPECIALIST - SECURED DEBT FINANCIAL CONTROL PROJECT
CITI
07.2007 - 03.2008
VICE PRESIDENT | RISK TREASURY FINANCIAL CONTROL
CITI
06.2006 - 02.2011
CONTROLLER
SCHOFIELD RESIDENCE
06.2004 - 06.2006
CONTROLLER | SENIOR COORDINATOR OF FINANCE
HORIZON HEALTH SERVICES
09.2001 - 06.2004
MBA -
UNIVERSITY at BUFFALO (SUNY)
BS - Business Administration (Accounting & Finance)
UNIVERSITY at BUFFALO (SUNY)
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