JEFFREY WALTERS
New York,NY
Summary
Results-driven Accounting and Finance Professional with expertise in financial reporting, internal controls, and audit management. Streamlined month-end close processes to enhance GAAP compliance and financial accuracy. Managed complex consolidations and facilitated cross-functional collaboration to drive business growth.
Overview
1
1
Certification
12
12
years of professional experience
Work History
VP Asst. Controller
CIFC Asset Management
New York
10.2022 - Current
- A global alternative asset manager focused on credit solutions across CLOs, corporate credit
- Directed comprehensive financial reporting processes for corporate and variable interest entities, ensuring full adherence to GAAP standards.
- Prepared accurate financial reports, ensuring US GAAP compliance and financial integrity while managing reporting for corporate and variable interest entities.
- Reduced month-end close process time from business day 12 to 8, enhancing financial reporting efficiency.
- Enhanced financial accuracy and compliance by maintaining rigorous oversight of journal entries in accordance with GAAP standards.
- Recommended and maintained effective internal controls, addressing potential risks and promoting a secure financial environment.
- Supervised team of two in general ledger clean-up, simplifying processes and identifying journal entry discrepancies while fostering continuous improvement.
- Developed financial models to forecast revenue, enhancing strategic decision-making and supporting compliance documentation.
Senior Corporate Accountant
Guggenheim Partners
New York
08.2017 - 10.2022
- Premier asset manager and investment advisor with expertise in fixed income, equity, alternatives, and advisory solutions
- Provided strategic oversight of Balance Sheet and Income Statement variance analyses, driving data-informed insights for executive reporting and financial performance reviews.
- Assessed and recorded monthly management and incentive fee revenues in compliance with ASC 606 standards.
- Managed end-to-end accounts payable and receivable operations across multiple legal entities, ensuring accuracy and timely processing.
- Managed onboarding process for new clients, ensuring accuracy and completeness of management and advisory fee billing.
- Coordinated cross-department annual audit, enhancing compliance and strengthening risk management through collaborative efforts.
- Created supporting memos for internal audits, clarifying complex accounting treatments and reinforcing internal control considerations.
Senior Auditor
KPMG US
New York
08.2014 - 08.2017
- A global organization of independent professional services firms providing Audit, Tax and Advisory services
- Enhanced financial accuracy by 15% through leading 6 integrated audits in GAAP compliance from planning to execution.
- Led numerous integrated audits from planning to execution, ensuring GAAP compliance and improving financial statement accuracy.
- Orchestrated comprehensive audit plans, improving financial reporting accuracy and enhancing stakeholder trust.
- Identified control weaknesses during audits and implemented corrective measures that reduced risk of financial misstatements.
- Collaborated with management to assess risks, promoting compliance and control enhancement.
- Partnered with client management to assess operational risks, fostering a culture of compliance and enhancing control environments in line with SOX.
- Mentored junior staff throughout audit processes, promoting their professional growth and ensuring successful completion of engagement.
Education
BBA - Accounting
Bernard Baruch College
05-2014
Skills
- GAAP compliance
- Financial reporting
- Financial modeling
- Budgeting and forecasting
- Audit proficiency
- Investment accounting
- Covenant management
- Bank relationship management
- Attention to detail
- Effective communication
- Team collaboration
- Problem-solving skills
- Strong work ethic
Personal Information
Title: VP Asst. Controller | Financial Reporting | Internal Controls | Financial Auditing
Accomplishments
- Process Improvement Success
- Led process improvement, achieving a 30% increase in efficiency over six months.
- Financial Auditing Excellence
- Conducted financial audits that reduced discrepancies by 25%, improving overall accuracy and trust.
- Increased Accuracy and Reliably
- Improved accuracy in revenue recognition and forecast, giving upper management more reliable data for strategic planning.
Certification
- Certified Public Accountant
Timeline
VP Asst. Controller
CIFC Asset Management
10.2022 - Current
Senior Corporate Accountant
Guggenheim Partners
08.2017 - 10.2022
Senior Auditor
KPMG US
08.2014 - 08.2017
BBA - Accounting
Bernard Baruch College