Carol M.

Carol M. Email and Phone Number

Finance professional
Carol M.'s Location
United States, United States
Carol M.'s Contact Details

Carol M. personal email

n/a
About Carol M.

Highly accomplished senior finance executive with strong expertise in Financial Planning and Analysis. Successful record of driving both the strategic and operational execution of the annual planning and forecasting processes at the corporate level. Skills:• Strong Financial Services background with deep experience in financial modeling, budgeting, and forecasting. • Able to synthesize financial information and identify issues in a clear and concise format adapted to the needs of the audience. • Known as a detail-oriented and strategic leader with the ability to reach across functions to obtain results. • Ability to develop business systems and processes to effectively forecast profitability and track performance against key performance indicators at the corporate, division, and client levels.SELECTED ACCOMPLISHMENTS• Successfully led the consolidation of the corporate financial plan, ensuring all goals were met and the plan was delivered on time.• Identified interdepartmental communication deficiencies and redesigned the process, resulting in improved information flows between all finance departments and the business units across a global, multi-divisional organization.• Streamlined the monthly CFO/Executive Committee package and added a summary of the key risks and opportunities presented in the forecast.• Consolidated and stabilized the operations teams that support the financial planning, management accounting, and client profitability processes, eliminating the risk posed by high attrition.Please contact me at CarolMcDermott@Comcast.net

Carol M.'s Current Company Details

Finance professional
Carol M. Work Experience Details
  • Federal Reserve Bank Of Boston
    Senior Vice President, Financial Support Office
    Federal Reserve Bank Of Boston Jan 2019 - Oct 2023
    Boston, Ma
  • Federal Reserve Bank Of Boston
    Vice President, Financial Support Office
    Federal Reserve Bank Of Boston Feb 2016 - Dec 2018
    Boston, Ma
  • State Street Corporation
    Senior Vice President, Financial Planning And Analysis
    State Street Corporation Jan 1998 - Nov 2015
    Greater Boston Area
    Senior Vice President, Financial Planning and Analysis (2010 – 2015)Vice President, Financial Planning and Analysis (2002 – 2010) • Managed the creation and delivery of all aspects of the financial planning process, including budget, three-year outlook, monthly forecast, and the CCAR baseline.• Designed and delivered monthly and ad hoc financial analysis to the CFO, Executive Committee, Board of Directors, and Investor Relations.• Drove the quarterly business review process… Show more Senior Vice President, Financial Planning and Analysis (2010 – 2015)Vice President, Financial Planning and Analysis (2002 – 2010) • Managed the creation and delivery of all aspects of the financial planning process, including budget, three-year outlook, monthly forecast, and the CCAR baseline.• Designed and delivered monthly and ad hoc financial analysis to the CFO, Executive Committee, Board of Directors, and Investor Relations.• Drove the quarterly business review process for presentation to the CFO and Executive Committee through collaboration with finance teams across the organization.• Directed the management accounting and client profitability production and reporting processes. Charged with creation, implementation, and governance of corporate methodologies for management and client reporting.• Administered the financial planning, management accounting, and client profitability systems.• Selected to be a member of the Bench Marking Initiative, Incentive Compensation Committee, and Finance Transformation project teams.• Recruited, developed, and managed three direct reports and 12 indirect reports to support the financial planning, management accounting, and client profitability teams.Vice President, Global Accounting (2000 – 2002)Assistant Vice President, Global Accounting (1999 – 2000)Officer, Global Accounting (1998 – 1999)• Directed the general accounting, month end close, and reporting processes for the Corporation.• Conducted monthly meetings with the business unit controllers to review current period results and to address/resolve accounting issues of the units.• Prepared the financial analysis of actual performance versus the monthly forecast and budget.• Provided disclosure support to Investor Relations, information for audit and regulators.• Selected to be a member of the general ledger conversion team.• Recruited, developed, and managed a team of 15. Show less
  • Bank Of Boston
    Corporate Accounting Manager
    Bank Of Boston 1989 - 1994
    Greater Boston Area
    Accounting Manager (1993 – 1994)Senior Accountant (1991 – 1993)Accounting Specialist (1990 – 1991)Staff Accountant (1989 – 1990) Advanced from staff position to managing the daily operations and monthly reporting of the domestic accounting division.
  • Baybanks
    Internal Auditor
    Baybanks 1987 - 1989
    Greater Boston Area
    Performed audits on commercial loan portfolios. Identified potential risks to minimize loss exposure.

Carol M. Skills

Financial Modeling Financial Analysis Bloomberg Mutual Funds Fixed Income Securities Equities Banking Financial Services Risk Management Business Analysis Process Improvement Portfolio Management Finance Asset Management Corporate Fp&a Financial Accounting Cost Accounting Operating Systems Corporate Finance Accounting Financial Planning Financial Reporting Enterprise Risk Management

Carol M. Education Details

Frequently Asked Questions about Carol M.

What is Carol M.'s role at the current company?

Carol M.'s current role is Finance professional.

What is Carol M.'s email address?

Carol M.'s email address is ca****@****frb.org

What schools did Carol M. attend?

Carol M. attended Isenberg School Of Management, Umass Amherst, Isenberg School Of Management, Umass Amherst.

What skills is Carol M. known for?

Carol M. has skills like Financial Modeling, Financial Analysis, Bloomberg, Mutual Funds, Fixed Income, Securities, Equities, Banking, Financial Services, Risk Management, Business Analysis, Process Improvement.

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