Edward Patrick Email & Phone Number

Chestertown, Maryland, United States

Raleigh, North Carolina, United States

As a highly qualified specialist, I deliver leadership and direction for financial planning, operational excellence, and regulatory compliance, ensuring sustainable business growth. Being a responsible and reliable person with strong organizational and detail-oriented skills, I know how to achieve organization's strategic objective and strengthen control. As a result, our concerted efforts, including the implementation of the ERP tool led to significant improvement in the business reporting process. I am mindful of my role and the roles of others in order to ensure successful outcomes.Some of my key contributions are...• Enabled the University to remove probationary status by ensuring compliance with SACSCOC regulations through effective financial plans.• Turnaround negative outcomes into positive change in net assets by rolling out zero based budgeting process.• Developed $2.5M line of credit by resolving internal control deficiencies in reporting and cash management.

I demonstrated a high degree of professionalism and key attention to detail while providing financial consulting services to colleges and universities; supporting the reaffirmation planning in response to previously conducted interim and comprehensive SACSCOC audits.Some of my key contributions are...• Optimized internal control framework and financial stability by analyzing accounting, financial aid, grants and contracts, budgeting, endowment, and registrar processes to implement best practices.• Guaranteed adherence to SACSCOC requirements by devising new/updated internal control policies and providing effective training to staff members on procedures.• Commended by five universities for successfully keeping their SACSCOC accreditation.

Orangeburg, Sc

I proved myself as a top-level professional with demonstrated experience championing innovations and improvements, mitigating the risk associated with the University's existence by aligning financial operations and introducing sustainable finance and academic model. Also, I identified cost without compromising on operational efficiency and quality of education by renegotiating long-term contracts, right-sizing campus facilities, decentralizing heating systems, and revising the awarding of unfunded scholarship, resulting in saving $19.2M.Some of my key contributions are...• Maximized cash flow by deploying best practices for cash management, including elimination of refunding unfunded scholarships and implementation of activity fees be paid by all students.• Triggered 23% increase in new student enrollment by introducing $55,000 in grant money for students that supported the university in recruiting new students.• Ensured university's financial sustainability by strengthening vendor and state agency relationship to optimize the usage of expertise and resources as a result refined food service delivery, decreased utility expense by $1.1M, increased state funding by $12M and refinanced $56M in bond debt, generating $17M+ in debt service savings.

Alpharetta, Ga

With my critical and analytical thinking abilities, I can quickly evaluate the situation and find effective solutions to deal with the challenge. I identified areas of improvement and implemented financial best practices for global operational and finance/accounting internal control structure. I played key role in boosting data flow and accuracy for the Shared Service Center and 40+ international offices by through control enhancements.Some of my key contributions are...• Improved federal award management system to identify unrecorded invoices and uncollected A/R balances.• Generated joint venture opportunity to develop new revenue stream and increase 15% revenues.

Augusta, Georgia

During my stint here, I accomplished all significant challenges associated with the development of financial statement and OMB A-133 Compliance audit that resulted in a first time in five years that Paine College received an unmodified opinion.Some of my key contributions are...• Increased net asset by $600K and recorded misclassified $1.1M in revenue by identifying $727K in financial aid cash drawdowns and capitalizing $750K of equipment expenditures.• Built and maintained collaborative relations with underwriter, and investment advisor and team of attorneys; negotiating with the City of Augusta to receive the final $2.5M SPLOST payment a year in advance to facilitate the $22M revenue bond issuance process.

It is part of my day-to-day responsibilities to drive continuous process improvements. Besides, I contributed to the company by maximizing operational efficiency across finance division through comprehensive overhauling. I also optimized staff performance and compliance through effective training sessions.• Minimized audit fees by 42% with an additional projected reduction of 21% for the upcoming fiscal year audit.

Masters Of Science In Accountancy, Accountancy

Bachelor Of Arts (B.A.), General Studies