Melba Acosta, Esq., Cpa Email and Phone Number
Melba Acosta, Esq., Cpa work email
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Melba Acosta, Esq., Cpa personal email
Throughout my career, I have taken on complex issues facing businesses and government entities. Having been at the helm of numerous business functions coupled with my education that includes JD and MBA degrees and a CPA certification, I am positioned to address these larger, intricate issues. I understand the disparate perspectives and bring alignment that yield solutions. My deep understanding of practices and strategy across fiscal and business operations, along with experience as a practicing attorney covering a range of legal areas, qualifies me to lead many aspects of organizational activities. My advanced degrees in finance allow me to analyze and address financial challenges from a position of expertise, while my legal acumen serves as a critical support to clients and ensures the integrity and compliance of all actions and decisions. I am a confident negotiator even in the most complicated situations and can quickly establish trust with senior-level stakeholders and partners. Key to my success has been approaching issues and potential problems with focus and determination. I foster collaborative environments that utilize the expertise of all stakeholders to develop and implement creative solutions. Whether managing day-to-day functions or responding to potentially catastrophic crises, I am counted upon for calm, deliberate oversight that serves a stabilizing force.Key Skills: Risk/Budget/Finance Management; Negotiation and Mediation; Cross-functional Team Leadership; Strategic Operations Management; Debt Restructuring; Legal Compliance/Regulatory Acumen; Talent Management/Development; Crisis Management; Bilingual (English/Spanish)
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Counsel Corporate DepartmentMcconnell Valdés LlcUnited States -
Independent Director, Board Of DirectorsFederal Home Loan Bank Of New York Jan 2023 - PresentNew York, New York, United States -
Counsel, Corporate DepartmentMcconnell Valdés Llc Jan 2017 - PresentSan Juan, Puerto Rico
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President And Chair Of The Board, Chief Public Finance OfficerGovernment Development Bank For Puerto Rico (Gdb) Oct 2014 - Aug 2016San Juan, Puerto RicoPublic-facing role that included the control of an agency budget of $90M and oversight of $10B in assets. Managed finances, cash flows, and financing of public projects for the Commonwealth of Puerto Rico. Managed a historic fiscal crisis that threatened to instigate a government shutdown due to overwhelming debt. Led the development and implementation of emergency strategies and adoption of self-financing options, commenced debt restructuring negotiations ($48B in debt), and testimony before the United States Congress to find solutions to Puerto Rico’s fiscal crisis.
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Secretary Of The Treasury, Chief Public Finance OfficerDepartment Of The Treasury, Commonwealth Of Puerto Rico Jan 2013 - Oct 2014San Juan, Puerto RicoTransitioning back to business focus and a government role, I spearheaded management of fiscal operations, from accounting and finance policy to risk control and property insurance. Served on multiple boards (including Government Development Bank and Employee Retirement System and as Board President for Infrastructure Financing Authority).Despite the brief tenure, I delivered results in many areas. Highlights included raising General Fund revenues to historic highs ($9B), modernizing Treasury operations, and driving highly impactful pension reform that addressed a huge deficit and prolonged the health of the system.
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Counsel, Corporate DepartmentMcconnell Valdés Llc Sep 2010 - Jan 2013San Juan, Puerto RicoPractice concentrated on business/finance-related legal matters, banking, regulatory compliance, real estate financing, M&A, debt restructuring, corporate governance and advisory, capital markets and taxation.
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Executive Vice President & Cfo, Corporate Risk Management OfficerRg Financial Corporation Aug 2006 - Apr 2010San Juan, Puerto RicoMoving into larger roles, directed high-level operational, financial, and risk management functions, with a focus on strategic planning and oversight of efforts to maintain quality standards and meet deadlines. Key member of ALCO, Risk Management and Executive Committee. My tenure included mentoring and supervising department heads and leading efforts that resulted in company’s acquisition by Scotiabank. Following selection by the Board to fill the CFO position, I oversaw finalization of 3 years of delayed audited financial statements in record time. -
Senior Vice President, Chief Operating OfficerRg Financial Corporation Dec 2004 - Aug 2006San Juan, Puerto RicoStarted with RG as an SVP overseeing heads of various Bank functions: Operations, Information Technology, Risk Management, Legal Counsel, Compliance, Real Estate Owned, Risk Management, Loan Administration, Human Resources, Maintenance and Construction, Purchasing, Cost Control, Insurance, Contracting, and Security. My role focused on driving business initiatives and overseeing the effective operations of all departments.
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Executive Director And Chief Information OfficerOffice Of Management And Budget, Government Of Puerto Rico Jan 2001 - Dec 2004San Juan, Puerto RicoMy role at OMB focused on public policy development and oversight of budget preparation ($23B budget), budget performance and financial legislation. I recruited, screened, and hired candidates to build a strong team, introduced the Commonwealth’s first e-government transactions, and worked with FEMA on disaster recovery financing and infrastructure projects.
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Chief Of StaffCity Of San Juan, Capital Of Puerto Rico Feb 1997 - Dec 2000San Juan, Puerto RicoLed a number of special initiatives and steered all facets of daily administration, finance, and operations for the Municipality of San Juan. Fostering cross-departmental collaboration between various departments, oversaw budget preparation, preparation of financial statements and annual reports, and implemented public policies in areas such as general management, human resources, financial management, health, security, economic development, social services, sports, recreation, and culture, among others. Managed multi-million-dollar capital improvement program and projects that left the city with a budgetary surplus over the four-year term. Led Mayor’s advisory team as well as the members of the Mayor’s cabinet and agencies’ directors. Directed multimillion-dollar consolidated budget and 8,500 employees.
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Corporate Law AssociateMcconnell Valdes Jun 1994 - Feb 1997San Juan, Puerto Rico
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Summer Law AssociateO'Neill & Borges Jun 1993 - Aug 1993San Juan, Puerto Rico -
Tax ConsultantPwc Aug 1988 - Jul 1990San Juan, Puerto RicoServing multiple clients, ranging from start-ups to Fortune 500 companies, provided corporate and individual tax services such as compliance and tax planning work and client representation before government authorities during tax examinations and other procedures. Other projects included qualification of pension plans and work on mergers and acquisitions.
Melba Acosta, Esq., Cpa Skills
Melba Acosta, Esq., Cpa Education Details
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General Management, Finance -
Magna Cum Laude -
Magna Cum Laude
Frequently Asked Questions about Melba Acosta, Esq., Cpa
What company does Melba Acosta, Esq., Cpa work for?
Melba Acosta, Esq., Cpa works for Mcconnell Valdés Llc
What is Melba Acosta, Esq., Cpa's role at the current company?
Melba Acosta, Esq., Cpa's current role is COUNSEL CORPORATE DEPARTMENT.
What is Melba Acosta, Esq., Cpa's email address?
Melba Acosta, Esq., Cpa's email address is mi****@****vpr.com
What schools did Melba Acosta, Esq., Cpa attend?
Melba Acosta, Esq., Cpa attended Harvard Business School, University Of Puerto Rico, Río Piedras, University Of Puerto Rico-Rio Piedras.
What are some of Melba Acosta, Esq., Cpa's interests?
Melba Acosta, Esq., Cpa has interest in Reading, Children, Environment, Science And Technology, Running, Human Rights, Movies, Civil Rights And Social Action, Poverty Alleviation, Disaster And Humanitarian Relief.
What skills is Melba Acosta, Esq., Cpa known for?
Melba Acosta, Esq., Cpa has skills like Risk Management, Corporate Law, Mergers And Acquisitions, Management, Banking, Budgets, Strategic Planning, Accounting, Finance, Managerial Finance, Executive Management, Corporate Finance.
Who are Melba Acosta, Esq., Cpa's colleagues?
Melba Acosta, Esq., Cpa's colleagues are Laura Velez, Myrgia M. Palacios-Cabrera, Juan Coñoman Cifuentes, Javier Aquino Vidal, Eduardo Zayas Marxuach, Rosin Rivera, Lucy Martinez.
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