Summary
Overview
Work History
Education
Skills
Languages
Timeline
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GERARD QUARTEY

Quincy,MA

Summary

Motivate, versatile, a well-respected finance executive with more than ten years of experience directing financial operations and multimillion-dollar investment portfolios for organizations ranging from a global investment management company to the fourth-largest company

Skillful in leading financial operations such as accounting, reporting, and feasibility studies for capital projects and acquisitions. Methodical Treasury Manager accustomed to troubleshooting expenditure issues and implementing improvements. Commended for streamlining processes resulting in a 30% decrease in month-end closing time. Diligent and hardworking with an aptitude for financial analysis.

Overview

16
16
years of professional experience

Work History

Treasury Manager

Enel Green Power
Andover, MA
02.2018 - Current
  • Manage all cash management functions, including cash concentration, wires, and account funding
  • Ensure adequate liquidity for working capital needs and invest short-term excess cash
  • Manage inter-company cash, including inter-company lending and capital injections
  • Implement new bank technologies, products, and services to improve the cash cycle and simplify company operations
  • Negotiate bank and service fees
  • Oversee banking and financial institution relationships with 100 plants across the North American continent, including hydroelectric, wind, solar and geothermal
  • Ensure compliance with internal controls, policies, and procedures
  • Develop and monitor treasury operational policies
  • Manage Sarbanes-Oxley compliance for Treasury operations
  • Prepare and present materials to Senior Leadership and external counterparties.
  • Support long-term capital markets activities, including public debt finance
  • Review and approve manual journal entries prepared by treasury analysts, including providing expertise for specialized accounting entries and cash flow analysis, capital calls/distributions
  • Collaborate closely with the FPA team to enhance cash forecasting and reporting for cash management and cash needs, ensuring the business is fully informed of crucial treasury metrics.
  • Mitigated risk by implementing internal controls and safeguards for revenues and expenditures
  • Prepared corporate finance and business plans to help strategically direct business operations and strengthen controls
  • Drafted treasury reports to support management decision-making needs
  • Executed financial due diligence tasks on a daily basis to maintain optimal company finances
  • Drafted tax documentation and fulfilled requirements to maintain the status
  • Streamlined month-end closing process to reduce labor costs.
  • Analyzed financial data to mitigate risk and increase financial liquidity
  • Reconciled monthly statements, invoices, and expense accounts, keeping records accurate and current
  • Trained and supervised [Number] employees accounting policies, procedures, and performance requirements
  • Advised management regarding significant expenditures to keep operations in line with budget limitations.
  • The developed company, program, and project budgets and oversaw accounts receivable and payable operations for organization company with $[Amount] in yearly revenue
  • Implemented SAP to enhance and streamline processes for maximum efficiency
  • Worked with global executives to create an annual budget and track actual expenses against projected expenses
  • Maximized year-end tax benefits by efficiently managing cash flows
  • Boosted compliance rates by 30% through contract audit procedure strategies
  • Enhanced quality and currency of financial information by overseeing revenue collection systems
  • Directed corporate decision-making and planning by monitoring and setting policies and procedures to optimize fiscal performance
  • Followed up with delinquent accounts to obtain funds and reduce aging balances
  • Reduced waste and boosted productivity by restructuring finance and accounting departments.
  • Reviewed contracts financially impacting the company and counseled executive leaders on the impact contracts would have on company operations.
  • Created and distributed reports on internal and external finances, audits, and budgets
  • Managed outstanding balance amounts by evaluating reports and determining collection statuses
  • Accurately projected monthly cash expenditures through efficient budgeting and detailed document reviews.
  • Verified accurate completion of corporate income tax returns and optimal use of favorable tax codes
  • Supervised accurate, efficient and compliant completion of monthly financial reporting packages
  • Worked with both internal and external users to create detailed financial reports
  • Reviewed processes and procedures to guide program implementation and optimize auditing
  • Developed effective strategies to turn around failing [Type] assets
  • Managed daily financial functions in collaboration with accounting and payroll personnel

Treasury Manager

Cambridge Associates
Boston, MA
10.2016 - 11.2017
  • Oversee the work of direct reports to ensure consistent, high-quality, sustainable cash and payment settlement services to the operating business units; manage and constantly adjust the efforts and direction of staff to meet the changing needs of the business units while undertaking Treasury initiatives as well as maintaining a high level of service on a day to day support functions; lead implementations of systems supporting liquidity management functions such as cash pools and forecasting
  • Serve as an escalation point of contact for inquiries raised by the team, business units, or banking partners, support all escalated issues through analysis, recommendation, and implementation of required solutions efficiently and effectively; support cash control functions, including cash accounting, cash reconciliation, detailed operational cash reporting, and bank account
  • Prepare and present materials to Senior Leadership and external counterparties
  • Review and approve manual journal entries prepared by treasury analysts, including providing expertise for specialized accounting entries and cash flow analysis, capital calls/distributions
  • Manage banking and financial institution relationships related to cash management, including negotiating bank and service fees.

Senior Analyst

Bank of New York Mellon
Everett, MA
03.2014 - 10.2016
  • Created a new department that reports daily P&L, management & daily reporting, fund & investor level NAV
  • Provided P&L, management & performance fee daily estimates for several funds with hundreds of investors daily
  • Tracked performance to share series, loss carryforward, benchmark calculations, monthly journal entries, G/L entries, and closes
  • Supervised a team of analysts, managing staff assignments & development in conjunction with clients, periodic accounting & financial reporting activities

Supervisor Hedge Fund Accountant

JP Morgan
Boston, MA
12.2010 - 03.2014
  • Managed the implementation of new funds, transitions, and conversions from legacy platforms/applications to newer automated systems for accounting and allocation functions
  • Worked with support areas in creating optimal collateral management and mobilization, including FRB, FHLB, Derivatives, and Public Funds collateral
  • Served as primary liaison between clients and firm to ensure settlement and reconciliation of OTC Swap trades and managing pre-and post-settlement and investigations with the overall aim to improve post-trade process efficiencies
  • Managed daily activities of team 2 - 5 hedge fund accountants consisting of Interns and senior fund accountants
  • Reviewed trade confirmations of OTC derivatives trades, including rates, credit, equity, commodity, and FX derivatives

Senior Hedge Fund Accountant

Citigroup
Dublin
03.2007 - 12.2010
  • Processed and reconciled all trading activity, including automated interfaces with portfolio managers and traders, prime brokers/custodians, administrators, and trading counterparties
  • Prepared Net Asset Values for the funds on a monthly/quarterly/semi-annual basis

Hedge Fund Accountant

HSBC Securities Services Limited
Dublin, Ireland
01.2006 - 01.2007
  • Improved operations by 20% through consistent hard work and dedication
  • Resolved conflicts and negotiated mutually beneficial agreements between parties
  • Created plans and communicated deadlines to complete projects on time
  • Created spreadsheets using Microsoft Excel for daily, weekly, and monthly reporting
  • Maintained excellent attendance record, consistently arriving to work on time
  • Used critical thinking to break down problems, evaluate solutions and make decisions
  • Created budgets and forecasts for the management group to meet regular accounting deadlines
  • Gathered financial information, prepared documents, and closed books
  • Reviewed accounting structures and procedures rarely basis to identify areas in need of improvement
  • Researched technical tax issues to define tax effect or impact of certain tax positions
  • Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions
  • Reviewed business operations and obligations to help the organization function at an acceptable level
  • Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions
  • Gathered data on taxable income, deductibles, and allowances for tax preparation
  • Leveraged finance knowledge to strengthen controls and improve transparency.
  • Detected and corrected mistakes early on and implemented systems to avoid recurring issues
  • Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash and banking reconciliations

Education

Master of Science - Banking and Finance

University of Wales
Wales
01.2005

BBA - International Business, Investment and Banking

European School of Economics
London United Kingdom
01.2001

Skills

  • Technical & computer skills
  • Computer: Proficient in Microsoft, Multi funds, Advent Geneva (trade capture, "sweep" upfront / unwind / assignment cash proceeds, Repo transfers, Mortgage-backed securities (MBS) ), Bloomberg, Reuters, Penny P&L allocation partnership accounting system, Order management system (DTCC), Fed wire, Cash Letter, Quick Books, Investor Reporting, Loan operations, SAP
  • Contract and Vendor Management
  • Budget Management
  • Financial Reporting
  • Strategic Planning
  • Capital Spending

Languages

Italian
Full Professional

Timeline

Treasury Manager

Enel Green Power
02.2018 - Current

Treasury Manager

Cambridge Associates
10.2016 - 11.2017

Senior Analyst

Bank of New York Mellon
03.2014 - 10.2016

Supervisor Hedge Fund Accountant

JP Morgan
12.2010 - 03.2014

Senior Hedge Fund Accountant

Citigroup
03.2007 - 12.2010

Hedge Fund Accountant

HSBC Securities Services Limited
01.2006 - 01.2007

Master of Science - Banking and Finance

University of Wales

BBA - International Business, Investment and Banking

European School of Economics

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GERARD QUARTEY