Dave Iler Email & Phone Number

New York, Ny, Us

• I worked as a short term consultant on technology upgrades and NAV standardization.

• Researching macroeconomic/microeconomic conditions, evaluating capital expenditures and asset depreciation, as well as identifying financial performance trends and financial risks.• Analyzing financial data, and preparing accounting and other required reports, recommendations for improvement, or projections based on the analysis performed.• Working across three different computer systems to collect investing and stock statistics in order to produce analysis on return and exposure as well as to provide financial models.• Making financial forecasts, and calculating/analyzing company liquidity, as well as working with the Director of Research to ensure a positive cash flow for a declining company.• Establishing and evaluating records, statements, and profit plans, as well as creating concise reporting/analysis on the variations in exposure based investing margins, short investing, credit investing, etc. that relate to manager portfolios that use filings with the SCC.• Coordinating with other members of the finance team when required, as well as creating comprehensive reporting and commentary for the Portfolio Management committee.• Detailing performance by analyzing and comparing historic versus current sectors/geographic locations for performance, investments, analytics, watch lists, standard deviation, max draw, and cash flow.• Ensuring compliance with external regulatory/internal policy and procedural requirements, as well as participating in ad-hoc policy meetings to enhance organization wide framework.• Assisting in the preparation of quarterly earnings releases to ensure compliance with GAAP and consistency with SEC filings.

• Calculated cash flow and verified liquidity for up to twelve hedge funds including multicurrency hedging, as well as wired funds for expenses, withdrawals, and investments for up to $150 million in a day.• Maintained tax lots of investments and recorded investment level transactions in the funds' books and records to conduct K-1 reporting, while ensuring adherence to the offering memorandum and other constitutive documents.• Worked closely with auditors, off-shore administrators, and SCC auditors as needed, as well as produced and evaluated easily understood financial reports as requested by investing partners to provide them with critical information.• Prepare standard and Ad-hoc financial reports for the management team and partners.• Communicated with partners to handle questions and requests, as well as tracked/verified the market value of portfolios using independent pricing sources including salesforce, third-party firms, and Bloomberg.• Calculated commissions and wire payments while taking into account a complicated and variable set of criteria, as well as performed ongoing review/compliance with SSAE-16 controls/procedures.• Prepared reconciliations of fund cash and investment positions, as well as tracked fund level expenses, accruals, management fees, and incentive fees to calculate fund NAVs.• Assisted with business development, client specific reporting/analysis requests, and special projects for each fund, as well as created then reviewed quarterly financial statements, balance sheets, and statements of operations as requested by partners in the hedge funds.• Built Access databases, a collection of reports, and real time analytics of all departments in the company for the CEO, as well as instructed other employees in how to use them.• Trained and developed the new Fund Accountant, as well as stayed current on the work of the Accountants and the VP of Finance in order to cover their work when needed.

Us

- Was brought in by the CFO, who I had previously worked for at Trans World Entertainment, to create the finance and accounting systems when the company brought those departments inhouse.- Built all of the financial reporting in Access and Excel to deliver clear and concise analytical insights to top executives on key business issues.- Create and review Financial Statements, Balance Sheets, and Statement of Operations.- Built most of a new accounting and ledger system in Access and Excel for a diverse collection of hedge funds and more than 600 partners that could be run simply by a small staff. Created system of backup information, historic files and detail for auditors and SCC.- NAV, financial analysis, cash and expense reporting and projections, partner analytics, quarterly statements, and ad hoc reports as needed or when requested by the CEO and CFO.

- Design and create a diverse collection of custom financial reports for the CEO and CFO that could be based on the company’s finances, a compilation of any of over 900 stores’ metrics, individual products, or square footage used by products. - Forecast the annual store sales and expenses for each store, build store budgets, plans, and bonus points for all field personnel. Evaluate performance and analyze deviations from plan to produce yearend bonuses and problem areas for field personnel. - Build Access databases and programs to help streamline accounting and financial reporting then instruct employees how to use the programs.- Delivered clear and concise analytical insights to top executives on key business issues. Developed detailed action plans to address revenue gaps, expense challenges and process issues - Evaluated ongoing operational effectiveness, presenting in-depth product performance reviews and detailed customer segmentation and product mix analysis.- Trained new Financial Analysts and taught analysts and accountants Access.

- Reduced the work load for position by 30% by building standard weekly, monthly and quarterly finance reporting in Access so that projects that had taken days could be done in minutes.- Worked with the Senior Financial Analysts, VP and CFO on store profits, expenses, forecasts, budgets and operating plans.- Financial analysis, revenue reporting, revenue target calculations, expense forecasts, long-term strategic planning, product and customer analytics, and profitability/ROI analysis.- Create reporting reviewing actual store profits vs planned profit and analyze variations. - Calculated sales promotion break-even points and profitability scenarios. Forecast customer price sensitivity and likely competitive response for implementation of alternate pricing.

Master Of Business Administration - Mba

Bachelor Of Science - Bs, Business And Economics