Albert O.

Vice President Controller at Amalgamated Life Insurance Company, a member of the Amalgamated Family of Companies
  • Claim this Profile
Contact Information
us****@****om
(386) 825-5501
Location
New York, New York, United States, US
Languages
  • Spanish -

Topline Score

Topline score feature will be out soon.

Bio

Generated by
Topline AI

You need to have a working account to view this content.
Join now
You need to have a working account to view this content.
Join now

Credentials

  • Associate, Reinsurance Administration (ARA)
    LOMA
    Oct, 2015
    - Sep, 2024
  • Fellow, Life Management Institute (FLMI)
    LOMA
    Apr, 2015
    - Sep, 2024

Experience

  • Amalgamated Life Insurance Company, a member of the Amalgamated Family of Companies
    • Vice President Controller
      • Mar 2021 - Present

      Coordinate workflow of departmental group to oversee production of monthly and annual GAAP financial statements for the Consolidated Company including annual and quarterly STAT and monthly GAAP statements for the Client • Oversee the overall Corporate Planning Process (Corporate revenue and expense budgets and expense allocations to Affiliates) • Responsible for periodic financial projections • Oversee continued Oracle EBS projects to improve efficiencies • Responsible for annual… Show more Coordinate workflow of departmental group to oversee production of monthly and annual GAAP financial statements for the Consolidated Company including annual and quarterly STAT and monthly GAAP statements for the Client • Oversee the overall Corporate Planning Process (Corporate revenue and expense budgets and expense allocations to Affiliates) • Responsible for periodic financial projections • Oversee continued Oracle EBS projects to improve efficiencies • Responsible for annual year-end external GAAP and statutory audits and report preparation, as well as periodic internal audits on Corporate Finance department processes and controls • Coordinate Corporate Finance Department response to all NYSDFS (or other jurisdictions) examinations • Responsible for all General Accounting Activities including: o Accounts Payable o Accounts Receivable o Fixed Asset Accounting o Lease Accounting o Bank Reconciliation o Accounting Policies and Procedures • Monthly Expense reporting (by Entity, and Line of Business (LOB)) • Monthly Expense forecasting • Coordinate Pricing models responses for Non-Life Insurance Affiliates • Prepare technical accounting research and implement appropriate policies and processes to ensure compliance and adoption of new and emerging GAAP and statutory accounting standards • Train, mentor and annually evaluate staff performance, as well as plan for staff retention and strengthening team member competencies • Develop and lead finance projects that improve the effectiveness and efficiency of the financial reporting and close processes, including identifying processes for automation and technology enablement (artificial intelligence, robotic process automation, etc.) • Work closely with all Business department leaders Show less Coordinate workflow of departmental group to oversee production of monthly and annual GAAP financial statements for the Consolidated Company including annual and quarterly STAT and monthly GAAP statements for the Client • Oversee the overall Corporate Planning Process (Corporate revenue and expense budgets and expense allocations to Affiliates) • Responsible for periodic financial projections • Oversee continued Oracle EBS projects to improve efficiencies • Responsible for annual… Show more Coordinate workflow of departmental group to oversee production of monthly and annual GAAP financial statements for the Consolidated Company including annual and quarterly STAT and monthly GAAP statements for the Client • Oversee the overall Corporate Planning Process (Corporate revenue and expense budgets and expense allocations to Affiliates) • Responsible for periodic financial projections • Oversee continued Oracle EBS projects to improve efficiencies • Responsible for annual year-end external GAAP and statutory audits and report preparation, as well as periodic internal audits on Corporate Finance department processes and controls • Coordinate Corporate Finance Department response to all NYSDFS (or other jurisdictions) examinations • Responsible for all General Accounting Activities including: o Accounts Payable o Accounts Receivable o Fixed Asset Accounting o Lease Accounting o Bank Reconciliation o Accounting Policies and Procedures • Monthly Expense reporting (by Entity, and Line of Business (LOB)) • Monthly Expense forecasting • Coordinate Pricing models responses for Non-Life Insurance Affiliates • Prepare technical accounting research and implement appropriate policies and processes to ensure compliance and adoption of new and emerging GAAP and statutory accounting standards • Train, mentor and annually evaluate staff performance, as well as plan for staff retention and strengthening team member competencies • Develop and lead finance projects that improve the effectiveness and efficiency of the financial reporting and close processes, including identifying processes for automation and technology enablement (artificial intelligence, robotic process automation, etc.) • Work closely with all Business department leaders Show less

  • Swiss Re
    • Financial Services
    • 1 - 100 Employee
    • Vice President Controller
      • Jun 2005 - Mar 2021

       Working as part of a fast-paced startup company (iptiQ) since 2016 which is backed by Swiss Re.  Preparation, analysis, and coordination of Audited Financial Statements.  Coordinate with external auditors and provide supporting documentation and special requests.  Overseeing Finance Reporting department to ensure timely delivery and accuracy of all accounting entries, account reconciliations, roll forwards, and analytics for financial reporting under GAAP and Statutory for the… Show more  Working as part of a fast-paced startup company (iptiQ) since 2016 which is backed by Swiss Re.  Preparation, analysis, and coordination of Audited Financial Statements.  Coordinate with external auditors and provide supporting documentation and special requests.  Overseeing Finance Reporting department to ensure timely delivery and accuracy of all accounting entries, account reconciliations, roll forwards, and analytics for financial reporting under GAAP and Statutory for the quarter-end process.  Review payments and receipts of quarterly intercompany settlements among the various internal companies both foreign and domestic.  Analysis of quarterly and annual results by providing year-over-year fluctuations for management reporting as well as Audit Committee and Board of Directors presentations.  Work closely with investment manager, tax manager, and expense controller to ensure financial data is reflected accurately in the G/L and explain any significant variances to plan.  Prepare monthly operating reports for CEO including analysis of performance metrics (KPIs) against plan along with liquidity and capital positions for the various legal entities.  Compile and present PowerPoint presentations to the CFO and CEO of income statement and balance sheet variances to plan and prior periods.  Coordinate and assist in ad hoc requests and special projects such as acquisitions and dispositions of companies. Monitor and enforce a strong control environment.  Assist with compiling plan and projections models that are relied on for future business decisions with the FP&A manager.  Work with the FP&A manager on assessing and explaining the actual results in order to model future business scenarios.  Working with cost center heads to ensure that their expense budget is accurate and is inclusive of all expected costs that are in line with management's targets.  Manage and develop a team of five direct and three indirect reports. Show less  Working as part of a fast-paced startup company (iptiQ) since 2016 which is backed by Swiss Re.  Preparation, analysis, and coordination of Audited Financial Statements.  Coordinate with external auditors and provide supporting documentation and special requests.  Overseeing Finance Reporting department to ensure timely delivery and accuracy of all accounting entries, account reconciliations, roll forwards, and analytics for financial reporting under GAAP and Statutory for the… Show more  Working as part of a fast-paced startup company (iptiQ) since 2016 which is backed by Swiss Re.  Preparation, analysis, and coordination of Audited Financial Statements.  Coordinate with external auditors and provide supporting documentation and special requests.  Overseeing Finance Reporting department to ensure timely delivery and accuracy of all accounting entries, account reconciliations, roll forwards, and analytics for financial reporting under GAAP and Statutory for the quarter-end process.  Review payments and receipts of quarterly intercompany settlements among the various internal companies both foreign and domestic.  Analysis of quarterly and annual results by providing year-over-year fluctuations for management reporting as well as Audit Committee and Board of Directors presentations.  Work closely with investment manager, tax manager, and expense controller to ensure financial data is reflected accurately in the G/L and explain any significant variances to plan.  Prepare monthly operating reports for CEO including analysis of performance metrics (KPIs) against plan along with liquidity and capital positions for the various legal entities.  Compile and present PowerPoint presentations to the CFO and CEO of income statement and balance sheet variances to plan and prior periods.  Coordinate and assist in ad hoc requests and special projects such as acquisitions and dispositions of companies. Monitor and enforce a strong control environment.  Assist with compiling plan and projections models that are relied on for future business decisions with the FP&A manager.  Work with the FP&A manager on assessing and explaining the actual results in order to model future business scenarios.  Working with cost center heads to ensure that their expense budget is accurate and is inclusive of all expected costs that are in line with management's targets.  Manage and develop a team of five direct and three indirect reports. Show less

  • Geller & Company
    • United States
    • Financial Services
    • 100 - 200 Employee
    • Staff Accountant
      • Jun 2004 - Jun 2005

       Worked on the Bloomberg LP account on the compensation side, which includes worldwide pension reconciliations, payroll processing and analysis, bank reconciliations, and tax withholding analysis.  In charge of all of the European accounts for monthly payroll process, bank reconciliations and was responsible of the worldwide bonus’s reconciliation.  Responsible for running monthly trial balances on SAP for discussing and investigating any variances in the various accounts that our… Show more  Worked on the Bloomberg LP account on the compensation side, which includes worldwide pension reconciliations, payroll processing and analysis, bank reconciliations, and tax withholding analysis.  In charge of all of the European accounts for monthly payroll process, bank reconciliations and was responsible of the worldwide bonus’s reconciliation.  Responsible for running monthly trial balances on SAP for discussing and investigating any variances in the various accounts that our group was responsible for.  In constant contact with Bloomberg employees around the world to resolve any variances and outstanding items for all payrolls, bonus, cash, and accruals. Set up conference calls and meeting to accommodate the client’s schedule, which meant I had to be flexible to their hours.  Create monthly and yearly analysis for the worldwide bonuses to ensure reasonability. Show less  Worked on the Bloomberg LP account on the compensation side, which includes worldwide pension reconciliations, payroll processing and analysis, bank reconciliations, and tax withholding analysis.  In charge of all of the European accounts for monthly payroll process, bank reconciliations and was responsible of the worldwide bonus’s reconciliation.  Responsible for running monthly trial balances on SAP for discussing and investigating any variances in the various accounts that our… Show more  Worked on the Bloomberg LP account on the compensation side, which includes worldwide pension reconciliations, payroll processing and analysis, bank reconciliations, and tax withholding analysis.  In charge of all of the European accounts for monthly payroll process, bank reconciliations and was responsible of the worldwide bonus’s reconciliation.  Responsible for running monthly trial balances on SAP for discussing and investigating any variances in the various accounts that our group was responsible for.  In constant contact with Bloomberg employees around the world to resolve any variances and outstanding items for all payrolls, bonus, cash, and accruals. Set up conference calls and meeting to accommodate the client’s schedule, which meant I had to be flexible to their hours.  Create monthly and yearly analysis for the worldwide bonuses to ensure reasonability. Show less

Education

  • Fordham University
    Bachelor of Science (BS), Accounting
    2000 - 2004

Community

You need to have a working account to view this content. Click here to join now