Navdeep Singh
Dublin,USA
Summary
Experienced Chief Financial Officer with a strong background in strategic decision-making, policy development, and operational problem-solving. Demonstrated expertise in driving proactive improvements and ensuring seamless financial operations. Dedicated to contributing to organizational success with eighteen years of strategic and financial leadership.
Overview
13
13
years of professional experience
Work History
Chief Financial Officer
Employment and Human Services, Contra Costa County
01.2023 - Current
- Advise the Employment and Human Services Director and the Department’s Executive Team regarding accounting and budgeting policies and procedures while maintaining efficient control and utilization of financial resources
- Responsible for the development, review, revision, and implementation of policies and procedures for the Employment and Human Services Department’s financial operations
- As the head of the finance division, my responsibilities include fiduciary oversight of all financial transactions, strategically recommending revenue enhancements and management of a highly complex budget with multiple, interdependent funding sources
- Oversee the development, implementation and monitoring of a $636M budget
- Oversee a staff of about 50 including eight direct reports
- Participate in county wide migration to the new financial systems with major impacts to the financial operations and significant administrative process adjustments
- Oversee the administration of a multitude of service contracts, and the completion of numerous financial audits related to both year-end close and to monitoring of state and federal service reimbursements
- Responsible for tracking and reporting in the preparation and evaluation of various analytics used by EHSD in monitoring its performance
- Responsible for expanding staff capacity through professional development efforts and promoting cross functionality in all areas
- Work extensively with the CAO’s office along with financial officers in other agencies to develop funding strategies that enhance the long-term viability of programs operated by the Department
- Administer the preparation of complex and detailed claiming systems and reports towards maximizing and accurately claim state, federal, and grant program funding while ensuring compliance with federal and state programs, rules, and regulations
Fiscal Manager –Social Services
Dept. of Social Services, County of Madera
01.2018 - 01.2023
- Serve as the fiscal officer with department-wide responsibility for administering fiscal functions and represent County in CWDA FAADs
- Lead and develop recommendations for the preparation and maintenance of the Social Services, Public Authority, Public Guardian, and General Assistance budget of over $120M
- Provide management support for the dept.’s budget including performing review of budget requests and transfers for fiscal impact and participates in the implementation of short and long-term financial plans to implement internal and external stakeholders’ direction through budgetary control and on-going changes, including mid-year changes
- Recommend strategies to maintain the fiscal integrity of the department
- Develop and design processes, procedures, and tools for analysis of the department’s budget for use in determination of fund status, trends, projections, contract negotiations, etc
- Coordinate with HR and County Admin Office for department-wide position control maintenance
- Prepares reports with recommendations on budgetary initiatives and coordinates implementation after approval including review and preparation associated new or revised policies and procedures
- Participate in the establishment of strategic short term and long-range department wide planning
- Participate in collective bargaining process by researching and collecting data/information; assist in providing financial records used for bargaining sessions
- Direct supervise mid-management staff and other assigned administrative and clerical staff: mid-management, clerical, professional units
- Direct the maintenance of complete and accurate fiscal, personnel, payroll, and related records for federal and state audits
- Analyze and maintain internal control structure for procurement, revenues, expenditures, assets, and financial reporting to ensure fiscal accuracy and the requirements/obligations are met
- Represent the department in meetings with community agencies, commissions, committees, and other public groups, conferences at the local and state level
- Reduced outstanding accounts receivable balances by implementing stricter credit policies and more efficient collection procedures.
- Monitored the organization''s investments closely, making adjustments as needed to optimize returns while minimizing risk exposure.
- Established a robust internal control environment, reducing the likelihood of fraud or misappropriation of assets.
- Increased transparency in financial management by generating comprehensive monthly reports for senior leadership review.
- Assisted in securing grant funding by providing accurate financial data for proposal submissions and ongoing reporting requirements.
- Managed cash flow effectively, ensuring the timely payment of invoices and proper allocation of funds for operational expenses.
- Negotiated favorable terms with vendors, resulting in substantial cost savings without compromising quality or service levels.
- Optimized revenue streams through careful monitoring of income sources and identification of new opportunities for growth.
- Supported the organization''s mission and objectives by allocating resources effectively, ensuring that all financial decisions were grounded in data-driven analysis.
- Collaborated with cross-functional teams on strategic initiatives, offering valuable insights into potential financial implications and opportunities for growth or improvement.
- Improved fiscal efficiency by streamlining financial processes and implementing cost-saving measures.
- Provided guidance to department managers on budgetary matters, supporting informed decision-making on resource allocation.
- Developed annual budgets in collaboration with department heads, aligning financial resources with organizational goals and priorities.
- Enhanced financial reporting accuracy through meticulous analysis of budget variances and reconciliation of discrepancies.
- Mitigated risks associated with financial transactions by conducting thorough due diligence prior to contract execution.
- Coordinated internal and external audits, addressing findings promptly to ensure compliance with regulatory requirements.
- Revised outdated policies and procedures to reflect current best practices in fiscal management, enhancing overall efficiency and effectiveness.
- Implemented a new financial software system, facilitating more efficient data entry and report generation capabilities.
- Evaluated the financial viability of potential partnerships or acquisitions, providing senior leadership with critical information to inform strategic decisionmaking.
- Delivered monthly reviews to finance leadership to explain performance.
- Developed, implemented and maintained internal standards, processes and routines based on group requirements.
- Gathered, summarized and analyzed significant amounts of transactional data to make reasonable conclusions and facilitate key accounting and business decisions.
- Supported internal control framework by performing various internal control processes such as [Type].
- Developed strategic plans for day-to-day financial operations.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Analyzed business processes to identify cost savings and operational efficiencies.
Sr. Accountant-Auditor
Sr. Accountant-Auditor – Auditor-Controller’s Office, County of Madera
01.2015 - 01.2017
- Research and analyze new or revised legislation and determined financial impact on the Department of Social Services for welfare programs
- Formulate process improvement, new procedures in line with the current accounting practices to move revenue from restricted funds to unrestricted funds
- Prepare comprehensive financial activity reports and statements as directed; maintain and reconcile a variety of ledgers, reports, and account records; examine and correct accounting transactions to ensure accuracy
- Keep the Auditor Controller informed regarding the County's overall fiscal status like cash flow, revenue, and expenditures and for any other developing issues or events which could impact the County's fiscal condition
- Prepare comprehensive financial activity reports and statements as directed; maintained and reconcile a variety of ledgers, reports, and account records; examine and correct accounting transactions to ensure accuracy
- Researched and analysed accounting transactions to resolve problems and ensure compliance with pertinent laws, codes, and regulations
- Provide technical assistance to county staff in matters related to accounting and budget principles and practices
- Monitor and balance various accounts verifying availability of funds and classification of expenditures
- Provide guidance and technical direction to management, supervisors and fiscal staff and served as subject matter expert in the areas of assignment
- Conduct audits of county funds and the financial reporting processes for major revenue sources: CALWORKs and other state and federal funding to correct the General Fund Balance by 9.4M
- Formulate new procedures in line with the current accounting practices to move revenue from restricted funds to unrestricted funds
- Maintain proper controls on trust accounts
- Reconcile and maintain various general ledgers for fund accounting
- Perform specialized accounting and auditing functions for various County programs and services
Administrative Services Officer 2 (Budget)
Department of Human Assistance, Sacramento County, CA
01.2012 - 01.2014
- Participate in the development and preparation of Board of Supervisors letters that include inter-departmental coordination and cooperation
- Research and analyze new or revised legislation and determined financial impact on the department for new and existing programs
- Perform various duties in the development, implementation, and maintenance of department budget over $600M
- Prepare comprehensive financial information and presentations requested by the Board of Supervisors, CEO’s office, and Executive Management
- Represent the Division Chief, as requested, in meetings regarding department wide operations and projects that require financial analysis and cost and benefit analysis
- Act as a liaison in cost analysis and budgetary matters with other agencies and organizations
- Work on personnel and budget reports and assumed responsibility for staffing and positions for the department
- Monitor and balance various accounts verifying availability of funds
- Supervise the work of clerical, technical and professional analyst staff and establish work priorities and performance standards
- Plan, direct and coordinate activities to meet department wide training and development needs
- Involve in the process of interview, selection and made hiring recommendations of the assigned staffed
Education
MBA -
Punjabi University
India06-2001
Skills
- Strategic financial planning
- Financial management
- Budget development
- ERP system implementation
- Corporate leadership
- Strategic planning
- Risk management proficiency
- Organizational development
- Change management
Timeline
Chief Financial Officer
Employment and Human Services, Contra Costa County
01.2023 - Current
Fiscal Manager –Social Services
Dept. of Social Services, County of Madera
01.2018 - 01.2023
Sr. Accountant-Auditor
Sr. Accountant-Auditor – Auditor-Controller’s Office, County of Madera
01.2015 - 01.2017
Administrative Services Officer 2 (Budget)
Department of Human Assistance, Sacramento County, CA
01.2012 - 01.2014
MBA -
Punjabi University
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