David Borowy

Assistant Controller at The Bank of Glen Burnie
  • Claim this Profile
Contact Information
us****@****om
(386) 825-5501
Location
Sykesville, Maryland, United States, US

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

Experience

    • United States
    • Financial Services
    • 1 - 100 Employee
    • Assistant Controller
      • Nov 2023 - Present

      United States

    • Professional Services Consultant - Independent Contractor
      • Jul 2023 - Nov 2023

      Maryland, United States

    • United States
    • Banking
    • 300 - 400 Employee
    • Director of Tax and Accounting
      • Apr 2022 - Jul 2023

      Bethesda, Maryland, United States

    • United States
    • Financial Services
    • 700 & Above Employee
    • Tax Manager
      • Jan 2022 - Apr 2022

      United States

    • SVP, Director of Financial Planning & Tax
      • Jun 2015 - Jan 2022

      Baltimore, MD

    • SVP, Finance
      • Jan 2014 - Jun 2015

      My responsibilities include…

    • EVP & CFO
      • Jul 2010 - Dec 2013

      My responsibilities include…

    • United States
    • Venture Capital and Private Equity Principals
    • 1 - 100 Employee
    • Chief Financial Officer and Chief Compliance Officer
      • Jan 2008 - Oct 2008

      • Coordinated efforts of legal counsel, auditors, accounting firm and financial printers to ensure the accurate and timely preparation of the Pre-effective Amendments, including financial statements, for SEC registration statement Form N-2. • Reviewed, approved and submitted quarterly financial statements on Form 468 to Small Business Administration. • Recommended change to capital structure of newly formed Corporation in order to reduce annual state franchise tax by… Show more • Coordinated efforts of legal counsel, auditors, accounting firm and financial printers to ensure the accurate and timely preparation of the Pre-effective Amendments, including financial statements, for SEC registration statement Form N-2. • Reviewed, approved and submitted quarterly financial statements on Form 468 to Small Business Administration. • Recommended change to capital structure of newly formed Corporation in order to reduce annual state franchise tax by $65,000. • Maintained relationship with financial institution providing a line of credit of $7 million. Show less

    • Senior Vice President and Director of Financial Reporting and Investor Relations
      • Dec 1985 - Dec 2007

      • Responsible for all financial information included in SEC filings including forms such as S-4, 8-K, 10-Q and 10-K. • Directed technical research and implementation of SEC, FASB, GAAP, tax and regulatory pronouncements. • Created and implemented automated and manual accounting mechanisms to track and record appropriate data required for disclosures. • Interfaced with external and internal auditors with respect to consolidated financial statements. • Coordinated efforts with… Show more • Responsible for all financial information included in SEC filings including forms such as S-4, 8-K, 10-Q and 10-K. • Directed technical research and implementation of SEC, FASB, GAAP, tax and regulatory pronouncements. • Created and implemented automated and manual accounting mechanisms to track and record appropriate data required for disclosures. • Interfaced with external and internal auditors with respect to consolidated financial statements. • Coordinated efforts with business unit leaders and Disclosure Committee while drafting MD&A, footnotes and primary financial statements. • Drafted internal controls and procedures documents for SOX purposes. • Reduced month-end closing process by two days through the automation and streamlining. • Coordinated financial press releases with Corporate Communications Department and wire news services. • Grew securities analyst coverage to 22 from 4. Show less

    • United States
    • Financial Services
    • 700 & Above Employee
    • Senior Vice President and Director of Tax
      • Dec 1985 - Dec 2007

      • Reduced corporate income tax burden by millions of dollars annually while serving as Project Leader across multiple business divisions to reduce tax liabilities and implement new organizational structures. • Reduced transaction costs by more than $500,000 through effective tax structuring on sale of corporate headquarters building. • Prepared FIN 48 analysis and other ad hoc reports and financial models for management and board of directors. • Improved quarter end closing process… Show more • Reduced corporate income tax burden by millions of dollars annually while serving as Project Leader across multiple business divisions to reduce tax liabilities and implement new organizational structures. • Reduced transaction costs by more than $500,000 through effective tax structuring on sale of corporate headquarters building. • Prepared FIN 48 analysis and other ad hoc reports and financial models for management and board of directors. • Improved quarter end closing process by two days by successfully automating tax provision and Effective Tax Rate Forecast calculations in accordance with SFAS 109, Accounting for Income Taxes. • Improved growth and optimized operating efficiencies by identifying opportunities to minimize tax consequences and/or to improve operational efficiencies as a member of the Due Diligence team in M&A matters for more than 10 acquisitions and formation of more than 11 new subsidiaries. Show less

    • Senior Tax Accountant
      • Aug 1983 - Dec 1985

    • United Kingdom
    • IT Services and IT Consulting
    • 700 & Above Employee
    • Senior Tax Accountant
      • Jan 1981 - Jul 1983

Education

  • University of Baltimore
    MS, Taxation
    1986 - 1987
  • Loyola University Maryland
    BA, Accounting
    1977 - 1981

Community

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