Vallie E. Yontz
Oak Island,NC
Summary
Business professional prepared for this role, bringing wealth of experience in operational and project management. Delivered impactful results through effective leadership and resource optimization. Focused on fostering team collaboration and achieving exceptional outcomes with adaptability and reliability. Skilled in financial management, application support and training, strategic growth, and internal and external customer relations.
Overview
41
41
years of professional experience
Work History
Owner/Office Manager
Yontz Construction LLC
05.2019 - Current
- Managed financial aspects of the business, including budgeting, financial reporting, and state reporting requirements.
- Use Buildertrend to obtain contractor job information and upload documentation as needed.
Owner/Office Manager
Triad Vinyl Fence and Railing LLC
08.2017 - 05.2019
- Company owner and performed inventory tracking and ordering, all financial reporting, state and federal filing requirements and customer service.
Corporate Financial Controls Manager
Branch Banking and Trust Co.
01.2016 - 08.2017
- Support financial and regulatory reporting for BB&T International Services.
- Performed validation of accounting and reporting activities for International FX system upgrade projects. Modified, tested and implemented configuration changes as needed for new products or process changes.
- Duties also included preparation and presentation of BB&T International Department monthly reconciliations, budget, income statement and balance sheet. Performed research as needed on budget variances and accounting discrepancies.
Financial Systems Reporting Manager
Branch Banking and Trust Co.
01.2007 - 01.2016
- Managed team to collaborate with BB&T Funds Management department, accounting, and IT departments to plan, design, develop and implement efficient and controlled processes and/or reporting solutions needed for business stability, regulatory requirement, external client needs, acquisitions, forecasting, management reporting, enterprise risk reporting and accounting.
- Data sourcing of all BB&T loan, deposit and investment contracts used in balance sheet forecasting, cash flow generation, hedging, credit risk reporting, liquidity coverage ratio reporting, collateral management, and regulatory reporting.
- Supported BB&T Funds Management department application accounting, manual accounting processes and general ledger reconciliations.
- Managed projects related to system upgrades, merger data testing and conversions.
- Responsible for complete procedure documentation for processing and result validation.
- Support all related audits including internal, FRB, FHLB and FDIC.
- Assist business users with financial application implementations, upgrades, functionality, troubleshooting and research. Work with vendors to understand roadmap and provide users most efficient and effective solutions.
- Work with SAP team to build and/or convert processes to SAP. Projects include liquidity requirements and reporting and general ledger reporting.
Financial Data Reporting Manager/Financial Planning
Branch Banking and Trust Co.
08.2004 - 01.2007
- Led cross-functional teams to streamline reporting processes and improve operational efficiency.
- Managed the development and implementation of Cognos Finance to be used as a financial budgeting and reporting application
- Serve as application administrator for the Cognos Finance application
- Assisted other financial management groups with the design and implementation of other Cognos databases
- Provided training and on-going support to Cognos Finance users as needed with data analysis and adhoc reports as needed
- Assisted the Financial Planning Group and banking network with the corporate budget process
Financial Data Reporting Manager
Branch Banking and Trust Co.
12.2000 - 08.2004
- Developed comprehensive reporting frameworks to enhance data accuracy and decision-making processes.
- Researched and documented financial data users' requirements.
- Reviewed and analyzed client/server financial reporting tools for feasibility
- Managed process to continually assess financial information needs of general ledger and application data
- Prepared and presented financial planning and reporting projects to executive management
- Responsible for successful implementation, maintenance and enhancements of client/server application for planning and reporting
- Worked with users to redesign financial reports to create reports with necessary and useful information
- Developed comprehensive reporting frameworks to enhance data accuracy and decision-making processes.
Profitability System Support Manager
Branch Banking and Trust Co.
09.1997 - 12.2000
- Supervised data analysis team in Profitability Analysis Department
- Duties of team included:
- -work with mainframe programmers and business units to review data for proper business application logic
- -build programs for funds transfer pricing, economic capital and loan loss calculations and to verify business application data integrity
- -create and maintain automated process for monthly reconciliations of application data to general ledger using Microsoft Access
- -set up data extracts and scheduled jobs to load detailed customer data to Oracle database
- -perform testing of customer databases to verify successful data loads and implementation of accurate profitability rules
- -create data extraction programs for product, business line, customer or other adhoc reports as needed
- -analyze financial results prior to distribution of management reports
- -maintain documentation for business data and system changes affecting profitability data
- Served as project leader for business application review and logic analysis
Senior Pension Analyst
Benefit Administration Group
02.1996 - 09.1997
- Designed and developed customized reports and statements using Datair Pension System
- Advised and assisted pension plan sponsors with transmitting required formatted data from payroll system to pension software
- Performed system software troubleshooting
- Reviewed and completed IRS documents governing pension plans of various sponsors
- Reviewed and approved trust accounting and benefit plan valuations prepared by other pension analysts
Conversion Analyst/Trust Officer
Wachovia Bank and Trust Company
09.1993 - 02.1996
- Designed and tested 401k conversion and processing programs for SunGard, Inc. Plan1 Pension Systems (mainframe application with language similar to COBOL)
- Utilized batch processing (JCL/TSO) in an IBM MVS/CICS environment
- Worked with CICS programmers on system constraints and problems.
- Performed extensive testing of system enhancements and new releases of pension software before releasing to production region.
- Assisted new pension clients during conversion of retirement plans from a traditional recordkeeping system to a Daily Valuation System.
Conversion Analyst
First Union National Bank
10.1989 - 09.1993
- Set up new accounts and parameters based on 401k legal documents
- Assisted plan sponsors and payroll administrators during conversion from a 401k traditional recordkeeping system to a Daily Valuation System and automation of data transfer
- Designed and developed customized reports and statements using Trustmark 401k Daily recordkeeping system (language similar to BASIC)
- Worked with software vendor for software troubleshooting and maintenance
- Processing 401(k) participant transactions including contributions, loan repayments and issuances, disbursements, participant trades, valuations and IRS compliance testing.
Trust Accountant/Analyst
Wachovia Bank and Trust Company
12.1984 - 10.1989
- Prepared and reconciled 401(k) accounting transactions including contributions, loan repayments and issuances, disbursements, participant trades, valuations and IRS compliance testing.
- Reconciliation and research of cash disbursements and ACH deposits of pension benefits.
- Researched problems with trust distributions and 1099R tax forms.
- Prepared Federal and State tax returns for personal tax accounts (Form 1041) and pension plans (Form 5500)
Education
Bachelor of Science -
BB&T Banking School at Wake Forest University
Winston-Salem, NC07.2001
Bachelor of Science - Computer Information Systems
High Point University
High Point, NC05.1999
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DB Basics
Charlotte, NC04.1998
Skills
- Relationship building
- Application support
- Verbal and written communication
- Client service
- Project management
- Operations management
- Business management
- Staff management
- Financial management
- Proficient in MS Office Suite
- Business development
- Business administration
- Negotiation
- Financial planning
Timeline
Owner/Office Manager
Yontz Construction LLC
05.2019 - Current
Owner/Office Manager
Triad Vinyl Fence and Railing LLC
08.2017 - 05.2019
Corporate Financial Controls Manager
Branch Banking and Trust Co.
01.2016 - 08.2017
Financial Systems Reporting Manager
Branch Banking and Trust Co.
01.2007 - 01.2016
Financial Data Reporting Manager/Financial Planning
Branch Banking and Trust Co.
08.2004 - 01.2007
Financial Data Reporting Manager
Branch Banking and Trust Co.
12.2000 - 08.2004
Profitability System Support Manager
Branch Banking and Trust Co.
09.1997 - 12.2000
Senior Pension Analyst
Benefit Administration Group
02.1996 - 09.1997
Conversion Analyst/Trust Officer
Wachovia Bank and Trust Company
09.1993 - 02.1996
Conversion Analyst
First Union National Bank
10.1989 - 09.1993
Trust Accountant/Analyst
Wachovia Bank and Trust Company
12.1984 - 10.1989
Bachelor of Science - Computer Information Systems
High Point University
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DB Basics
Bachelor of Science -
BB&T Banking School at Wake Forest University