Rosario Méndez
Miami
Summary
Results-oriented professional with over 20 years of expertise in fund accounting, finances, and budgeting. Proficient in MIP, ADP, SAP, Salesforce, and AccountingSeed. Adept at ensuring compliance with GAAP and other standard accounting principles and regulations, aincluding federal funding requirements for non-profit agencies. Upholds the highest level of confidentiality in financial management. Demonstrates a track record of excellence in team collaboration, effortlessly adapting to evolving accounting processes, and leveraging technology. Fluent in English and French as second languages, with Spanish as a mother tongue.
Overview
19
19
years of professional experience
Work History
Chief Financial Officer
Area Agency On Aging Of Broward County
2022.05 - Current
- Implemented the Accounts receivable Module in MIP , resulting in a streamlined and efficient billing process. This initiative reduced outstanding receivables and bad debt, improved cash flow management, and enhanced overall financial transparency.
- Successfully lead and completed a comprehensive audit for the fiscal year 2021. having joined the company in May 2022. Inherited a challenging situation with the position vacant for an extending period. Implemented rigorous audit procedures, identifies numerous discrepancies, and facilitated necessary adjustments to align financial records with regulatory standards. Demonstrated strong analytical and problem-solving skills to rectify historical issues, ensuring accuracy and compliance. The successful audit not only provided a clear financial picture but also established a foundation for improved financial governance and stability within the organization.
- Successfully transitioned from an in-house developed database for payroll processing to the ADP platform. The transition resulted in enhanced payroll processing speed and reduced errors. It also incorporated the processing of regular 1099 contractor payments and compliance with tax regulations.
- Implemented a streamlined reconciliation process for employee benefits by transitioning from manual spreadsheet tracking to utilizing MIP system. Consolidated disparate data sources into a unified platform, significantly reducing the margin for errors associated with manual reconciliation. Introduced standardized reporting within MIP, allowing for efficient and accurate tracking of employee benefits.
- Successfully implemented new investment strategies under ICS (Insured Cash Sweep) and Repo Sweep Account, optimizing the utilization of approximately 8 million dollars that were previously treated as regular cash. This initiative resulted in a significant boost to interest income. The strategic deployment of these investment instruments not only generated additional income but also demonstrated a proactive approach to maximizing returns on available funds.
- Ensured accurate financial reporting, maintaining compliance with GAAP, OMB regulations, and internal policies.
Financial Management Officer
Embassy Of Canada
2019.03 - 2022.04
- Achieved exceptional precision in financial planning by consistently preparing budgets and forecasts with a variance of less than 1% to year-end results. Demonstrated a meticulous and data-driven approach to forecasting, incorporating comprehensive financial analysis, and operational insights.
- Served as the primary subject matter expert, playing a pivotal role in offering technical guidance and recommendations to both internal and external clients, including other missions within the same geographic region. Became the go-to resource for expertise in financial management systems, particularly SAP, Monty Financial Reporting FINSTAT, and Strategia 5 years budget forecasts.
- Demonstrated leadership by providing comprehensive training sessions to employees at the mission and at other missions across the USA. Delivered hands-on instruction in the use and optimization of financial systems, imparting knowledge on SAP functionalities This initiative not only enhanced the skill set of the workforce but also fostered a collaborative and knowledge-sharing environment, positioning the organization as a hub for financial proficiency within the broader context of its regional missions.
Assistant Controller/ Acting Controller
Oils Skimmers Inc.
2017.06 - 2020.07
- Optimized Month-End Closing reducing it from 7-10 days to a streamlined 3-4 days. This improvement not only enhanced operational efficiency but also accelerated the delivery of critical financial reporting.
- Developed and implemented new reports and dashboard in AccountingSeed and Salesforce providing real-time insights into key performance indicators, facilitating data-driven decision-making.
- Introduced a sophisticated 13-week cash flow forecasting model, empowering the organization to proactively manage liquidity.
- Led the physical and system mapping of the warehouse locations, optimizing product storage and retrieval efficiency. This initiative resulted in a more streamlined inventory management system.
- Elevated the efficiency of sales order entry, billing, payables, and manufacturing orders process. This enhancement reduced errors and improved overall operational effectiveness.
- Improved and implemented new processes for non-standard products, including Bill of Materials, Purchase Requests, and cost and margins calculations, ensuring accuracy and decision-making about profitability.
Common Services Officer/Senior Financial Accountant
Embassy Of Canada
2004.10 - 2016.12
- Collaborated with cross-functional teams to develop annual budgets, ensuring alignment with Mission's objectives and resources.
- Prepared and analyzed monthly financial reports, providing critical insights into the Program managers for financial performance.
- Managed cash flow effectively through diligent monitoring of receivables, payables, and bank reconciliations.
- Provided guidance to junior accountants, fostering professional development through continuous feedback and training opportunities.
- Conducted thorough variance analyses between actual results and budget forecasts to identify areas requiring corrective action or strategic adjustment.
- Ensured accurate revenue recognition by closely adhering to GAAP guidelines when recording transactions in the general ledger system.
Education
Certificate - Financial Risk Management
Foreign Trade Institute
Havana, Cuba06.1999
MBA - Operations Management And Supervision
University of Havana
Havana, Cuba06.1998
Skills
- Leadership and People Development
- Develop Business Structures
- Improve Policies
- Employee Motivation and Performance
- Effective Communicator
- Results Orientation
- Non-profit and Government Expertise
- Operational Analysis
Accomplishments
- Awarded by the Canadian Government with a Certificate of Excellence and Instant Awards
Languages
Spanish
Native or Bilingual
English
Full Professional
French
Professional Working
Timeline
Chief Financial Officer
Area Agency On Aging Of Broward County
2022.05 - Current
Financial Management Officer
Embassy Of Canada
2019.03 - 2022.04
Assistant Controller/ Acting Controller
Oils Skimmers Inc.
2017.06 - 2020.07
Common Services Officer/Senior Financial Accountant
Embassy Of Canada
2004.10 - 2016.12
Certificate - Financial Risk Management
Foreign Trade Institute
MBA - Operations Management And Supervision
University of Havana
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