Luis Sumale
Everett
Summary
Financial analyst with strong track record in financial forecasting, budgeting, and data analysis. Proven ability to deliver actionable insights and drive financial performance through collaboration and adaptability. Equipped with expertise in financial modeling, strategic planning, and risk management. Known for reliable performance and ability to thrive in dynamic environments.
Diligent Financial Analyst with solid background in financial analysis. Proven track record of delivering insightful financial reports and supporting strategic decision-making. Demonstrated expertise in budget forecasting and variance analysis.
Overview
18
18
years of professional experience
Work History
Sr. Financial Analyst, FP&A
Liberty Mutual Insurance
01.2022 - 02.2025
- Works effectively with all levels of management in order to provide financial analysis and problem-solving recommendations.
- Supports the annual budget process to assist in the completion of each major budget management task for multiple departments.
- Responsible for month-end financial reporting and distributing the reports to key stakeholders.
- Develop and prepare a variety of ad-hoc reporting, financial model and analysis to senior management.
- Research and analyze financial data.
- Proponent of continuous process improvements and implementation of consist toolkit to drive efficiency and effectiveness
Financial/Capital Analyst II Corporate Department
Partners Healthcare
10.2019 - 01.2022
- Provide summary and detailed account information on the spending on capital projects. Including and tracking new projects initiating budget adjustments, creating adjusting journal entries, monitoring funding, and working with the Capital Accounting Department.
- Assist with the development of the annual departmental operating budget and five (5) year Capital Investment Program.
- Provide budget analytic support for the managers of some of the smaller corporate departments as determined by the Budget Director. Includes monthly close analysis, accrual review reporting, annual budget review and budget adjustments throughout the year.
- Provide depreciation projection for the annual and multi-year budget and compare monthly to actual depreciation spending. Provide period estimates to Capital Accounting for Capital spending and impact on annual Depreciation.
- Provide support for various system security, access and tracking on budget system and Vision.
- Provide support in the preparation of monthly P&L analytic package for the Mass General Brigham close meeting.
- Utilize technical expertise in the maintenance of the mass General Brigham Budget System (Hyperion) and Financial Reporting System (VISION) including security, report management, and system testing.
- Complete involvement in the Mass General Brigham annual operating budget process, including the preparation of the budget system, providing formal training, providing assistance to system users, summarizing and reviewing department budget submissions, coordinating information, and crafting summary reports for management.
- Responsible for the monthly FTE reporting process, including balancing discrepancies between actual and approved position, and categorical reporting.
- Provide analysis on headcount and salary expenses, including volume/rate analysis and cost center variance analysis.
- Provide support to VP areas during the monthly financial close. This includes review of A/P and payroll details, journal entries, reconciliations, analytical review of all expenses and the generation of summary schedules for management.
- Develop strong working relationships with department managers, directors and VPs, to include the production of ad hoc analyses and reports.
Financial Analyst and Reporting II
MFS Investment Management
07.2019 - 10.2019
- Assist in financial support functions to business units focusing on developing and executing data loads/retrieval.
- Assist in preparation of monthly reports, month close process and ad-hoc financial analyses.
- Prepares budgets, forecasts and operations reports including variance analyses, P&Ls and supporting documentation.
- Investigate and resolves reconciliation items.
- Perform maintenance and administrative functions to financial applications to ensure compliance with internal controls and standard operating procedures.
- Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements.
Revenue Accountant
Maxwell Health
05.2018 - 06.2019
- Created periodic reports comparing budgeted costs to actual costs.
- Collect, analyze and present data that will drive efficiency in KPIs and improve the Customer Experience.
- Generated and submitted invoices based upon financial schedule.
- Analyzed and researched reporting issues to improve accounting operations procedures.
- Collected and reported monthly expense variances and explanations.
- Continuously improve and develop new reporting systems and process.
- Processed payments and applied to customer balances. (Revenue Recognition long-term contracts)
Accountant, Revenue Operations
Nuance Communications
08.2017 - 05.2018
- Perform monthly revenue close activities, including preparation of revenue logs, deferred revenue and journal entries.
- Invoiced customers for purchases of goods and services.
- Conduct monthly and quarterly booking reconciliations and revenue analytic
- Created and maintained precise and accurate models, charts and reports.
- Reconciled discrepancies between accounts receivable general ledger, Trial Balance, and Waterfall Report
- Assist internal audit activities and audit preparation for Month-end.
- Created weekly revenue expense reports for accounting management.
- Assist in special projects related to ASC 606 implementation
- Preparation of monthly reconciliations of revenue related accounts
- Review fully executed customer contracts to conclude on the appropriate accounting treatment and identify any issues, ensuring that all revenues are recorded in compliance with contracts.
- Track billable hours by project for POC contracts.
Financial Analyst
Fresenius Corporate NA
11.2015 - 08.2017
- Assist to identify financial status by comparing and analyzing actual results with plans and forecast.
- Perform a variety of financial Analysis that identify trends and recommendation to help inform high level decision making.
- Assist with the annual budget process; assist with multi-year forecasts and NPV projects.
- Reviewed and analyzed project spending throughout project life cycle.
- Identified risks associated with projects, contract approvals and other client accounting issues.
- Built and maintained databases for forecasting future financial performance.
- Developed spreadsheet models for diverse projects and analysis.
- Consolidated financial data and materials for key leadership meeting, extracting data from SAP.
- Support IS management with major OPEX and CAPEX spending analysis and cost Analysis.
- Review Customer accounts, SOW, Contracts for payments, discrepancies, and accruals for OPEX
Receivables Specialist - Data Analyst
Brown Brother Harriman
07.2014 - 11.2015
- Analyze Invoices for Authorization within the firm.
- Document issues communicate root causes and provide innovative solutions to management for process improvement.
- Perform quality review of more complex receivables’ issues and identify opportunities to strengthen client service and improve QC by focusing on process
- Provide management with weekly aged receivables reporting.
- Monitored and analyzed financial, statistical and operational data trends.
- Identified risks associated with projects, contract approvals and other client accounting issues.
Financial Analyst
Interactive Data Corporation
10.2008 - 02.2013
- Designed and created Monthly and Quarterly Budgeting reports.
- Identified operational processes inefficiencies and recommended necessary improvements.
- Communicated regularly with management regarding budgets variances and performance.
- Verify and audited internal reports on a Monthly basis for any discrepancies.
- Increase efficiency of discrepancy investigation by 30% by designing a more accurate data base reporting system.
- Improved billing correction by auditing existing contracts and financial data reports.
- Identified risks associated with projects, contract approvals and other client accounting issues.
Associate II
Financial Information Services State Street Bank
05.2007 - 09.2008
- Tracked daily cash availability for short term investments.
- Managed daily stock report for quality assurance purposes.
- Monitored and tracked securities transactions, fund transfers, margin accounts and option trading.
- Managed accounting operations, accounting close, account reporting and reconciliations.
- Verified details of transactions, including funds received and total account balances.
Education
Bachelor of Science - Finance/Accounting
Northeastern University
Boston, MA05.2007
Skills
- Bloomberg
- Journal Entries
- Financial Analyst
- Excellent attention to detail
- Essbase
- Strong organization
- Footprints
- Forecast development
- SAP
- Hyperion
- Smart View
- Salesforce
- Budget
- NetSuite
- Excel (Advance Pivot tables)
- Oracle
- Auditing
- PeopleSoft Zuora
- Flexible team player
- Forecasting
- Budgeting and planning
- Variance reporting
- Annual budgets
- Variance analysis
- Financial modeling
Timeline
Sr. Financial Analyst, FP&A
Liberty Mutual Insurance
01.2022 - 02.2025
Financial/Capital Analyst II Corporate Department
Partners Healthcare
10.2019 - 01.2022
Financial Analyst and Reporting II
MFS Investment Management
07.2019 - 10.2019
Revenue Accountant
Maxwell Health
05.2018 - 06.2019
Accountant, Revenue Operations
Nuance Communications
08.2017 - 05.2018
Financial Analyst
Fresenius Corporate NA
11.2015 - 08.2017
Receivables Specialist - Data Analyst
Brown Brother Harriman
07.2014 - 11.2015
Financial Analyst
Interactive Data Corporation
10.2008 - 02.2013
Associate II
Financial Information Services State Street Bank
05.2007 - 09.2008
Bachelor of Science - Finance/Accounting
Northeastern University
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