Michael Solomon Email & Phone Number

United States

Prepare CECL calculation, analysis, and reporting. Oversees cash management, forecasting, including liquidity, COF, borrowings, and banking relationship liaison. Supports EVP/CFO for ALM/IRR and investments. Oversee CDFI grant program and reporting. Prepare Corporate tax returns. Liaison for financial statement audit and reporting.

Baltimore, Maryland, United States

Baltimore, Maryland Area

Works autonomously through a collaborative effort with the VP to supervise the accounting team to ensure that the accounting records are accurate, complete and are prepared following generally accepted accounting principles, Maryland state laws and the NCUA's requirements. Prepares financial reports on a timely basis to provide information to managers, Board of Directors and regulatory agencies. Ensure that reconciliations are accurate, completed on a timely basis and that outstanding… Show more Works autonomously through a collaborative effort with the VP to supervise the accounting team to ensure that the accounting records are accurate, complete and are prepared following generally accepted accounting principles, Maryland state laws and the NCUA's requirements. Prepares financial reports on a timely basis to provide information to managers, Board of Directors and regulatory agencies. Ensure that reconciliations are accurate, completed on a timely basis and that outstanding items are resolved. Help to implement the accounting department's strategic initiatives, make the department more efficient and ensure that there are effective internal controls. Manage staff so that they are working as a team, produce high quality work, continue to learn and are fully engaged employees.Maintains schedule of Policy Approvals by the Board of Directors and ensure all appropriate policies are approved annually. Reviews department processes to identify possible efficiencies in the process, along with verifying proper controls are in place.Coordinates internal Audits with designated outside auditor. Assists with the Examinations by Regulatory Agencies and works with Departments as required to coordinate/assist with External Audits. Liaison between management and Examiners to coordinate all aspects of exams. Answers questions and/or directs examiners to appropriate parties, facilities pre-exam meeting in preparation of examinations. Show less

Baltimore, Maryland Area

Works in collaboration with supervisor as a liaison between the Supervisory Committee and management in resolving departmental material Audit findings as identified in Audit Reports. Coordinates internal Audits with designated outside auditor. Assists with the Examinations by Regulatory Agencies and works with the Accounting Department as required to coordinate/assist with External Audits. Liaison between management and Examiners to coordinate all aspects of exams. Answers questions and/or… Show more Works in collaboration with supervisor as a liaison between the Supervisory Committee and management in resolving departmental material Audit findings as identified in Audit Reports. Coordinates internal Audits with designated outside auditor. Assists with the Examinations by Regulatory Agencies and works with the Accounting Department as required to coordinate/assist with External Audits. Liaison between management and Examiners to coordinate all aspects of exams. Answers questions and/or directs examiners to appropriate parties, facilities pre-exam meeting in preparation of examinations. Engages with various department managers, project members, compliance staff, and other subject matter experts to develop and maintain the major credit union policies and procedures. Work with department managers to ensure that the policies and procedures reflect best industry practices by department and employee level accountability. Maintains schedule of Policy Approvals by the Board of Directors and ensure all appropriate policies are approved annually. Reviews department processes to identify possible efficiencies in the process, along with verifying proper controls are in place.Manages and maintains an effective Business Continuity Plan to ensure the credit union can continue to operate in case of serious incidents or disasters and is able to recover to an operational state within a reasonably short period. Manages the Vendor Management Program in accordance with regulatory requirements and Credit Union Policy. Directs the staff in the process of onboarding vendors, identifying critical and non-critical vendors, performing and overseeing staff performing annual due diligence for vendors. Oversees quality control reviews for certain departments. Reviews involve directing staff on the process of the reviews, correcting errors, and communicating results of the reviews to the appropriate Department. Helps perform financial analysis on various aspects of the credit union. Show less

Baltimroe

Works in collaboration with supervisor as a liaison between the Supervisory Committee and management in resolving departmental material Audit findings as identified in Audit Reports. Coordinates internal Audits with designated outside auditor. Assists with the Examinations by Regulatory Agencies and works with the Accounting Department as required to coordinate/assist with External Audits. Liaison between management and Examiners to coordinate all aspects of exams. Answers questions and/or… Show more Works in collaboration with supervisor as a liaison between the Supervisory Committee and management in resolving departmental material Audit findings as identified in Audit Reports. Coordinates internal Audits with designated outside auditor. Assists with the Examinations by Regulatory Agencies and works with the Accounting Department as required to coordinate/assist with External Audits. Liaison between management and Examiners to coordinate all aspects of exams. Answers questions and/or directs examiners to appropriate parties, facilities pre-exam meeting in preparation of examinations. Engages with various department managers, project members, compliance staff, and other subject matter experts to develop and maintain the major credit union policies and procedures. Work with department managers to ensure that the policies and procedures reflect best industry practices by department and employee level accountability. Maintains schedule of Policy Approvals by the Board of Directors and ensure all appropriate policies are approved annually. Reviews department processes to identify possible efficiencies in the process, along with verifying proper controls are in place.Project Manager on Credit Union's Special Projects incorporating the major components of Project Management, (Design, Develop, Analyze and Evaluate). Ensure required due diligence, including Risk Assessment, is completed on all Special Projects. Work directly with management in maintaining an effective Business Continuity Plan to ensure that MECU can continue to operate in case of serious incidents or disasters and is able to recover to an operational state within a reasonably short period. Helps perform financial analysis on various aspects of the credit union.Oversees the Credit Union's Vendor Management Program. Show less

Baltimore, Maryland

Responsible for reviewing credit union policies to insure compliance with applicable regulations. Along with, keeping timelines for policies to be presented to the Board of Directors.Responsible for overseeing the vendor management program, which entails performing onboarding due diligence for prospective vendors. Along with, yearly due diligence on critical and non-critical vendors. Responsible for addressing questions/requests from examiners and auditors about the program. The due… Show more Responsible for reviewing credit union policies to insure compliance with applicable regulations. Along with, keeping timelines for policies to be presented to the Board of Directors.Responsible for overseeing the vendor management program, which entails performing onboarding due diligence for prospective vendors. Along with, yearly due diligence on critical and non-critical vendors. Responsible for addressing questions/requests from examiners and auditors about the program. The due diligence performed for vendors is within the Federal Financial Institutions Examination Council (FFIEC) guidelines. Show less

Baltimore, Maryland

Performs internal audits, which include reviews to verify compliance with government regulations and credit union policies and procedures, for Wires, BSA, Collections, Consumer Lending, and Branch Audits.Conducts meetings with management relating to audit findings, i.e. Policy updates.

Baltimore, Maryland

Performed audits concerning all T. Rowe Price Mutual Funds.Lead team presenting Financial Statement Comments to Financial Reporting Group of T. Rowe Price.As a result of performing audits for T. Rowe Price and attended frequent trainings offered by PwC, possesses current knowledge regarding Financial Reporting Requirements for Public companies.Responsibilities included overseeing team meetings, preparing budgets, and acting as a liaison between clients and PwC partners.Due to… Show more Performed audits concerning all T. Rowe Price Mutual Funds.Lead team presenting Financial Statement Comments to Financial Reporting Group of T. Rowe Price.As a result of performing audits for T. Rowe Price and attended frequent trainings offered by PwC, possesses current knowledge regarding Financial Reporting Requirements for Public companies.Responsibilities included overseeing team meetings, preparing budgets, and acting as a liaison between clients and PwC partners.Due to paperless audits, possesses familiarity with diverse software programs, including Excel, Financial Institution software and investment software, i.e. Bloomberg. Show less