The Siegfried Group

banking and financial services clients

To read a more in-depth summary of the projects we've completed within the banking and financial services industry, select the PDF button to the left.

Fortune 100 international public corporate & investment banking company.

• Performed test of key controls to verify compliance with key company policy. Processes reviewed and tested included: FASB Statement No. 91, End of Day Processing for the Trading and Asset/Liability Management portfolios, and Reconciliations from the General Ledger to trading systems for a $79 billion revenue company.
• Reviewed internal control documents for various assessment areas to ensure all documentation was present and the Sarbanes-Oxley Section 404 controls testing performed adequately to address the effectiveness of the control activities. 
• Miscellaneous tax research projects, including guaranteed payments to partners and foreign tax credits.
• Prepared multiple federal forms including: Forms 1120, 851, 8858, 5471, 4562 and 4626.
• Prepared tax provision calculations for the company, including all calculations for temporary and permanent tax differences for the company's tax year.

Global asset managment company.

• Served as Revenue Operations Supervisor and Senior Revenue Analyst, with $1.6 trillion in assets under management. 
• Managed the US & Canadian quarterly billing cycle, including delegation of assignments, compilation of weekly status updates and performance analytics for management, and holding weekly status meetings with Revenue Billing team.
• Ensured accuracy of billing methodology and fees through detail contract review; Primary reviewer for all strategic US & Canadian accounts, and secondary reviewer for all other critical accounts.
• Re-engineered contract set-up process.

Fortune 500 international financial services company.

• Performed CFO duties for client's Global Shared Technology and Operations Department, which included the following responsibilities: compilation of the annual budgetary plan, monthly budget-to-actual analysis of both dollars and headcount, including submission and presentation to overseas management. 
• Completed a major review and analysis of the client's process for allocating expenses to external business units.
• Participated in a SAP conversion project switch from US GAAP as the primary reporting model to IFRS. Responsible for the conversion testing of 17 entities.
• Worked in conjunction with Regulatory Reporting and IT to automate the quarter-end SEC reporting for an entity changing from a stand alone reporting basis to a consolidated reporting basis.

Fortune 100 international financial services company.

• Payroll Accounting Group, responsibilities included: reconciled and funded various miscellaneous earnings codes and garnishments for federal, state and local, researched and corrected invalid accounts/cost centers for payroll rejects, conducted training and assisted with migration of selected payroll functions to employees of India.
• Performed Federal Self Assessment for 1999 and 2000, which enabled the client to achieve the maximum Debit Cap Rating with the Federal Reserve Bank of New York.
• Served as SOX Compliance & Management Reporting Analyst for the Global Currencies and Commodities Group (GCCG), reporting to the Manager and Vice President of the GCCG.
• Traveled internationally in order to perfom process flow analysis and procedural documentation of several general ledger based reconciliations as part of an international department migration.

Fortune 500 international financial services company.

• Acted in a manager capacity within the reporting and compliance group for a leading securities service provider, with $15.1 trillion in assets under administration.
• Performed a first level detailed review of IRS and SEC daily, monthly and quarterly compliance test work, expense budgets and accurals, fund performance and distribution calculations.
• Supported a system conversion and responsible for parallel testing, reviewing data for accuracy, ensuring proper compliance test sets, results and account mappings.
• Performed financial statement reviews for various registered and off-shore investment companies, while ensuring strict adherence to the firm's Sarbanes-Oxley controls over financial reporting.