Basel Farhat Email & Phone Number

Tupper Lake, Ny, Us

• Working with the CEO, prepare the credit union's strategic plan and the annual budget.• Directly or through subordinates, manage the financial and accounting functions of the credit union in accordance with GAAP.• Manages the production of financial reports and analyses for presentation to the CEO, Board and Supervisory Committee.• Evaluate, annually, and implement policies related to the accounting and finance functions of the credit union.• Work with the CEO to set deposit and loan rates by analyzing peer financial institutions in our communities.• Provide recommendation to the CEO on the type of investments in the investment portfolios to ensure appropriate rate of return and liquidity.• Oversee the production of ALM planning model runs for review with the CEO and ALCO. Manage ALCO meetings.• Work with the CEO to manage vendor contracts for services related to finance and accounting.• Assist the CEO with NCUA examiners and external auditors document requests.• Make recommendations to the CEO and ALCO for management of the credit union liquidity, concentration, and interest rate risk.

New York, United States

•Participate in the credit union's long and short-term strategic planning. Oversee budget planning, preparation and administration processes to control operating expenses and achieve credit union's strategic direction.•Work with the CEO to prepare and present financial information to the Board of Directors.•Manage the production of the branch profitability model to assess the contribution each branch has to net income. •Collaborate with the CEO to construct, forecast and present an accurate budget to the Board of Directors. •Work with the CEO to manage the Asset Liability (ALM) program which includes Interest Rate Risk, Concentration Risk, Liquidity & Investment measures, and controls.•Partner with the CEO in actively managing the $25 million investment portfolio, providing guidance as to type of investment choices, safety, liquidity, and rate of return.•Manage credit union Liquidity, Concentration and Interest Rate Risk.•Assist with regulatory agency examiners and auditors.•Develop, implement, and evaluate policies and procedures for the Accounting/Finance Department. •Ensure that policies and procedures reflect current regulations and are communicated to and implemented by subordinates. •Partner with management team to generate reports and analyze trends to enhance profitability, efficiency and productivity.

Plattsburgh, New York

•Create a budget for both Fall and Spring semesters. •Collect and utilize the yearlong budget of $20,000. Collect $328 worth of dues from each of the 30 members, this is acquired by setting up individual instalment plans with every member. •Control all cash flows within the fraternity. Responsible for writing checks and paying national fees.•Raised $5,500 for the chapter by reaching out to Alumni and setting up a PayPal account. •Created a flexible budget that allowed us to stay out of national debt even though our recruitment numbers were lower than initially anticipated

Plattsburgh, New York

•Facilitate the social, academic and personal adjustment of students to the resident hall and University.• Act as a role model for more than 120 residents.•Provided resources for residents, such as the whereabouts of the Title 9 office, Health center, and career development center. •Develop a sense of community among residents, as well as serving as a role model to residents.• Had to react quickly and call 911 when one of the residents was having a seasure, I had to take control of the situation, stay calm and remember my training. The resident was successfully transferred to he hospital and made a full recovery.

Lusaka, Zambia

•Planned out the Investment steps required to develop 70 shops on unused land behind Downtown Shopping Complex. •Helped calculate total cost of the investment along with expected monthly returns. Edited the final drafts of the contract between the landlord (my father) and the tenants. •Calculation of total estimated fixed and variable costs. Negotiated contract terms between landlord and tenants. Project expected monthly gross revenue is $40,000.

Master Of Science - Ms, Data Analytics

Activities and Societies: TA for Statistics 2

Bachelor'S Degree, Accounting And Finance, Senior

Activities and Societies: Alpha Sigma phi Fraternity, Resident Assistant, Teachers Assistant, Community service, Intramural Sports.