Jennifer Bass Email & Phone Number

Owings Mills, Maryland, United States

: Responsible for treasury, purchasing, accounts payable and cash forecasting for 13 treatment facilities and 3 laboratory service providers.

Baltimore, Maryland, United States

Subject matter expert for traditional life block of business. Responsible for all analysis, reporting and budgeting for all Term and Whole Life products

Baltimore, Md

In-charge of executing the transition of international operations in order to maximize capital deployment, improve tax efficiencies, and diversify the portfolio. Developed strategy to offload unprofitable blocks of business, reducing reserve requirements by $400M. Obtained regulatory approval for sale of long term care block and ensured operational risks were cleared.Executed creation of offshore reinsurance entity to improve tax efficiency, working with experts to determine capitalization plan. Established operational processes and reinsurance reporting requirements.Implemented third party asset management solutions for offshore affiliate. Created operational procedures and communication standards for asset managers, trustees, and investment accounting. Developed hedging and inter-company allocation process. Implemented risk assessment program to support asset diversification, resulting in a 25bps increase in investment income ($6M operating income). Launched shared data repository for alternative assets and designed on-boarding decision tree to standardize decision-making and documentation of risk acceptance.

Baltimore, Maryland

Responsible for strategic expense planning/reporting, internal controls development/documentation, and monthly financial analysis for executive management. Built suite of management reports highlighting business results, including key performance indicators, fixed versus variable expenses, vendor spend, and capitalization rate/volume analysis. Instituted Hyperion Planning to gain real-time access to employee data, multiple plan versions, and standardized management reports. Administered the use of Smart View forms to allow end users to access data and upload budget information directly to Hyperion Planning via Excel.Redesigned expense allocation to improve variance analysis and reduce processing time by 50%. Created predictive model of the allocation within Excel, providing a validation tool and enhanced auditability.Led multi-departmental team to reduce reporting errors and shorten close process by 4 days (20%).Performed expense analysis and forecasting for M&A projects. Managed Finance Manager, Financial Analyst, and two Senior Financial Analysts.

Baltimore, Md

Oversaw corporate budget, three-year strategic plan, and monthly/quarterly financial analysis for executive management and Board of Directors. (2005-2007)Managed acquisition of $50M in capital assets; negotiated capital lease lines of credit up to $4M.Supervised company’s real estate portfolio consisting of 112 leased and 16 owned facilities. Led performance acceleration team, resulting in $4M annual improvement in working capital. Analyzed M&A targets, directed due diligence efforts, and recommended appropriate action to executive staff.Led project to create and implement company-wide departmental scorecards in Hyperion.Managed one Financial Analyst and Administrative Assistant.

Baltimore, Maryland

Managed cash management functions, foreign exchange trades/hedges, and domestic/international bank relationships. Maintained debt compliance reporting and short/intermediate cash forecasts.* Streamlined banking services by closing 30+ redundant accounts, centralizing cash management activities, moving Treasury functions to online banking platform, and eliminating non-vital banking services.* Led analysis to reduce borrowing costs through securitization of UK receivables and converting UK debt to US dollars. * Co-led refinancing of $200M revolving credit facility and accounts receivable securitization facility.

Owings Mills, Md

Directed financial operations for industry-leading game developer with $10M in annual revenues. Solely responsible for financial reporting, accounting, budgeting, cash management, payroll, 401K, and banking relationships.Crafted custom reporting and cost/benefit analysis to improve cash forecast planning, royalty accounting, product profit/loss, and operational efficiency.Reduced company annual personal property taxes by 85% through the use of an R&D tax credit.Designed electronic commerce service and inventory costing system for company’s online store.

Owings Mills, Md

Handled Treasury activities for national health care provider with $2.5B in annual revenues.Managed short/long term cash budgeting/disbursements, financing vehicles, capital budgeting/reporting, return on invested capital, intra-company accounts, and bank/contractual negotiation issues.Implemented cross-functional quarterly reviews of third party long term care contracts, improving cash forecasting and contractual adherence, resulting in $6.3M annual increase in revenue.Established automated workstation and decentralized on-line purchasing system for capital expenditures.Supervised three Analysts who handled day-to-day Treasury functions, budgeting, and forecasting.

Master Of Science - Ms, Finance

Bachelor Of Science - Bs, Business Administration, Minor: Management Information Systems