Experience

College Foundation, Inc.

• United States
• Education Management
• 1 - 100 Employee

• Internal Audit Manager

  • Dec 2020 - Present

  * Report directly to the Vice President of Financial Services; Manage and direct 2 employees.* Plan, conduct, oversee, and review internal reviews of company processes in order to reduce CFI’s risk of noncompliance with regulations.* Act as liaison between external auditors and internal service areas, ensuring requested auditor deadlines are met.* Act as a resource to other service areas of CFI to ensure compliance with regulations.* Analyze statutory and regulatory changes for potential impact on CFI’s operations.* Assist management with design and implementation of new or changed processes and procedures needed as a result of statutory or regulatory changes.

• Senior Accountant

  • Dec 2012 - Dec 2020

  * Promoted from Senior Staff Accountant.* Reported directly to the Financial Services Manager; Managed and directly supervised 2 employees.* Oversaw accounting functions for the Operating Fund, ensuring that financial transactions were recorded in accordance with GAAP and assets and expenses were properly classified and coded.* Analyzed variances between actual and budgeted expenses to report to upper management.* Prepared quarterly Financial Statements and assisted with Board report preparation.* Assisted external auditors with engagements and research.

• Senior Staff Accountant

  • Jan 2009 - Dec 2012

  * Promoted from Staff Accountant.* Prepared quarterly Lender’s Reporting System Report (LaRS) for filing with the U.S. Department of Education. * Oversaw the related income distribution/service fee billing process for reporting income and fees to funds providers for LaRS.

• Staff Accountant

  • Jan 2007 - Jan 2009

  * Analyzed transactions posted to the Operating Fund and general ledger account balances.* Quarterly closed Operating Fund, including preparing workpapers for review and audit.* Maintained the Operating Fund fixed asset listing and depreciation schedule.* Ensured external reporting for escheat, sales tax and sales tax refunds were completed in an accurate and timely fashion.

• Accounting Specialist III

  • Nov 2001 - Jan 2007

  * Maintained National College Savings Program general ledger.* Transferred deposits received from processing company to State Treasurer.* Posted daily general ledger journals.* Collected and verified loan payments received in front lobby of Foundation to reports.* Reviewed information between CFI and financial reporting company.* Reallocated loan funds on borrower accounts.* Prepared quarterly invoices for payments of fees associated with the National College Savings Program.