Patsy Kallicharran
Raleigh,NC
Summary
Finance professional with extensive experience overseeing finance operations, driving annual budgets, and managing month-end close processes. Demonstrated expertise in financial reporting, variance analysis, and compliance, resulting in enhanced operational efficiency and effective collaboration with cross-functional teams.
Overview
1
1
Certification
39
39
years of professional experience
Work History
Head of US Finance / Finance Controller
NIOX, Inc.
09.2024 - Current
- Oversee the US Finance Operations and report to Head Office (A UK Listed Company).
- Led annual budget and quarterly reforecasting process, aligning financial planning with organizational goals.
- Prepared monthly, interim, and year-end financial reports with variance analysis for Corporate Office (UK) and government authorities.
- Completed month-end and year-end financial close processes to ensure accurate reporting.
- Facilitated year-end audits, ensuring compliance with financial regulations and enhancing audit readiness.
- Worked with external CPA firm to manage all tax planning and compliance with all required federal, state, local and other applicable taxes (payroll, sales, and corporation tax).
- Monitored regulatory compliance with The Sunshine Act, Corporation Services, and other relevant laws.
- Treasury Management including daily cash flow and payments management.
- Partnered with internal departments to provide information and analysis.
- Reviewed finance and finance-related operational processes to streamline operations and enhance accuracy.
- Line-managed the US Finance Team.
- A UK Listed Company.
Associate Director of Finance– Financial / Vendor / Workforce Management
Crédit Suisse/ UBS
12.2017 - 09.2024
- Financial Planning and Analysis - includes budgeting and forecasting for controlling and decision-making purposes.
- Reconciled actual costs to budget monthly, identified variances, and conducted deep dives to determine root causes and updated forecast model.
- Supported workforce strategy initiatives by aligning headcount with financial goals and identifying process overlaps and gaps, implementing automation to maximize productivity.
- Managed purchase orders for professional services and licenses, overseeing the entire process for an annual budget of $50m.
- Accounts Payables – Work with vendor on Payments for Purchase Orders.
- Project Costing - Work with Project Managers on Annual costs for the division. Track Spending on these Projects weekly.
- Collaborate with various other departments, to ensure the COO function is well run day to day to achieve operational excellence.
- Process Improvement to ensure robust internal controls.
- Production of Monthly Management Account packs.
- Completed various additional tasks to support project needs.
Accounting Manager
United Drug Supply, Inc.
04.2017 - 12.2017
- Oversaw Finance Department operations in part-time CFO role, ensuring alignment with organizational goals.
- Collaborated with CFO to establish Finance Department structure and processes.
- Streamlined processes and implemented internal controls to improve departmental efficiency and accuracy.
- Led special projects focused on system implementation and enhancing internal controls. which includes system implementation, internal control, and customer collections.
- Processed accounts payable, accounts receivable, and banking transactions., Month-end Reconciliations & Close process.
- Maintaining Relationship with Banks and external CPA firm on tax and audit.
Associate Director – Finance
Tergus Pharma LLC- RTP
12.2016 - 04.2017
- Reports directly to the CEO and COO.
- Established Finance Department, overseeing management and leadership.
- Financial Forecasting and budgeting for Management and the Board.
- Provided monthly financials for discussion with CEO and COO to ensure effective use of all resources.
- Provided quarterly board reports and presentations to the Board for planning and controlling purposes.
- Improved all major aspects of Accounting/Financial operations while reducing overall expenses.
- Enhanced banking partnerships to improve financial management and support.
- Collaborated with department heads to enhance systems and procedures.
- Significantly improved cash flow via cash collection from Clients and timely invoicing.
- Managing the AP Function overseeing the AP accountant.
- Account Reconciliations – Banks; Credit Cards, Balance Sheet.
- Executed special projects aligning with organizational goals.
- Worked with tax accountant to keep books updated with respect to tax liability.
- Prepared audit file and dealt with audit queries during the year-end audit process and performed the annual close out function.
Assistant Vice- President
Macquarie Group (Investment Bank)
09.2016 - 11.2016
- Directed financial and regulatory reporting for entities, ensuring compliance with relevant standards.
- Served as Legal Entity Controller (LEC) for complex entities within the bank, ensuring accurate financial oversight.
- Evaluated risks and controls within various entities to enhance compliance measures.
- Reviewed external financial statements and related disclosures for various entities across the EMEA region.
- Facilitated month-end close process through posting journal entries, conducting analysis, and drafting commentary.
- Interacted with Senior Managers in other finance areas such as Product Control, Tax, Front Office and Operations.
- Collaborated with both internal and external auditors.
Controller
Tergus Pharma LLC- RTP
04.2015 - 08.2016
- Reports directly to the CEO and COO.
- Established Finance Department, overseeing management and leadership.
- Provided monthly financials for discussion with CEO and COO to ensure effective use of all resources.
- Provided quarterly board reports and presentations to the Board for planning and controlling purposes.
- Financial Forecasting and budgeting for Management and the Board.
- Improved all major aspects of Accounting/Financial operations while reducing overall expenses.
- Strengthened banking partnerships to enhance financial resources and support.
- Worked with Department heads on improving systems and procedures.
- Worked with tax accountant to keep books updated with respect to tax liability.
- Significantly improved cash flow via cash collection from Clients and timely invoicing.
- Managing the AP Function overseeing the AP accountant.
- Bank and Credit card reconciliations.
- Led special projects aligned with strategic initiatives.
- Prepared audit file and dealt with audit queries during the year-end audit process and performed the annual close out function.
Corporate Controller
A & K Global Health
RTP, USA
10.2013 - 04.2015
- Reports directly to the CFO.
- Consolidate the monthly financials from 8 overseas offices + 2 local offices- (US GAAP).
- Recharged and reconciled inter-company transactions with overseas offices, ensuring accurate financial reporting.
- Executed monthly financial close process to ensure timely reporting.
- Prepare month end entries prior to account preparation (bank reconciliations, accruals, prepayments, depreciation etc.) and maintain fixed asset register.
- Perform monthly actual to budget variance analysis on accounts.
- Manage the daily accounting function within A & K Global Health US Corp (Purchase/Sales Ledger and bank authorizations).
- Oversaw and supported accountants in Kenya, Ethiopia, Rwanda, India, and Erbil, enhancing cross-border financial collaboration.
- Implemented the Lawson System and mentored overseas accountants, improving their financial management capabilities.
- Prepared audit file and dealt with audit queries during the year-end audit process and performed the annual close out function.
Legal Entity Controller
Fleming Family & Partners Asset Management Ltd, London
London, UK
06.2009 - 09.2013
- Manage the daily accounting function within FF&P Asset Management Ltd (Purchase/Sales Ledger and bank authorizations) while overseeing two Accounting Assistants.
- Prepare month end entries prior to account preparation (accruals, prepayments, depreciation etc.) and maintain fixed asset register.
- Prepared, interpreted, and reviewed reports on financial performance to ensure compliance with UK GAAP.
- Perform monthly actual to budget variance analysis on accounts.
- Compiled and reviewed reports, charts, and graphs to present key financial results in detailed Board Reports.
- Maintain financial information for revenue and cost via the use of spreadsheets.
- Monthly reporting supports general ledger reconciliation and analytic review of requested accounts.
- Prepare quarterly Corporation tax returns, Regulatory Returns and FSA.
- Executed foreign currency hedging for fees received in USD.
- Prepare audit file and address audit queries during the year-end audit process and perform the annual close out function.
- Prepare the Annual budget for FF&P Asset Management Ltd.
- Preparation of Statutory Accounts.
- Liaised with Customer Relationship Managers to ensure accurate booking of monthly and quarterly fees.
- (AUM GBP -4b)
Finance Officer
Capvest Ltd, London
London, UK
07.2008 - 04.2009
- Manage the daily accounting function within Cap-vest Limited (Purchase/Sales Ledger and bank authorizations) while overseeing one Accounting Assistant.
- Prepare month end entries prior to account preparation (accruals, prepayments, depreciation etc.) and maintain fixed asset register.
- Supported monthly reporting through general ledger reconciliation and analytic review of accounts.
- Prepared, interpreted, and reviewed reports on company financial performance in compliance with UK GAAP.
- Monthly reporting supports general ledger reconciliation and analytic review of requested accounts.
- Perform monthly actual to budget variance analysis on accounts.
- Monitored financial performance, reviewed income and expenditure, and reported anomalies to management.
- Maintain financial information for revenue and cost via the use of spreadsheets.
- Prepare quarterly Regulatory Returns Vat (Inland Revenue) and FSA (Financial Services Authority).
- Prepare quarterly Corporation tax returns.
- Executed foreign currency hedging for fees received in USD.
- Prepare audit files and deal with audit queries during the year-end audit process + annual close out function.
- (Investment Advisory Firm)
Management Accountant
Mitie Property Services, London
London, UK
07.2005 - 07.2008
- Prepare Monthly Management Accounts for Head Office in compliance with UK GAAP (Consolidate 4 branches).
- Prepare month end entries prior to account preparation (accruals, prepayments, depreciation salaries and pension) and maintain fixed asset register.
- Managed daily accounting functions within MITIE Property Services (purchase/sales ledger and bank transactions), overseeing two accounts assistants to ensure accuracy and compliance.
- Conducted monthly reporting to support general ledger reconciliation and facilitate analytic reviews of requested accounts, enhancing financial oversight.
- Perform monthly actual to budget variance analysis on accounts.
- Prepared audit files and addressed audit queries during year-end audit process, ensuring timely completion of annual close out function.
Various Positions in Bank Operations & Finance
01.1988 - 01.2005
Education
Diploma - General Banking
American Bankers Association
USA06-2002
Master of Science - Finance
University of Wales
UKACCA -
The Association of Chartered and Certified Accountants
UKCAT -
UKSkills
- Financial modeling
- Financial Reporting Tools
- Advanced Financial Analytics
- Financial Software Management
- Corporate Finance Systems
- Financial Compliance Systems
- SAP solutions
- Microsoft Dynamics
- Salesforce CRM
- Advanced Excel
Certification
NC Notary
Personal Information
Title: FCCA; MSc Finance
Affiliations
- Co-Founder - The Alvin Kallicharran Foundation
Timeline
Head of US Finance / Finance Controller
NIOX, Inc.
09.2024 - Current
Associate Director of Finance– Financial / Vendor / Workforce Management
Crédit Suisse/ UBS
12.2017 - 09.2024
Accounting Manager
United Drug Supply, Inc.
04.2017 - 12.2017
Associate Director – Finance
Tergus Pharma LLC- RTP
12.2016 - 04.2017
Assistant Vice- President
Macquarie Group (Investment Bank)
09.2016 - 11.2016
Controller
Tergus Pharma LLC- RTP
04.2015 - 08.2016
Corporate Controller
A & K Global Health
10.2013 - 04.2015
Legal Entity Controller
Fleming Family & Partners Asset Management Ltd, London
06.2009 - 09.2013
Finance Officer
Capvest Ltd, London
07.2008 - 04.2009
Management Accountant
Mitie Property Services, London
07.2005 - 07.2008
Various Positions in Bank Operations & Finance
01.1988 - 01.2005
Diploma - General Banking
American Bankers Association
Master of Science - Finance
University of Wales
ACCA -
The Association of Chartered and Certified Accountants