Michael Lena, Mba Email & Phone Number

White Plains, Ny, Us

White Plains, Ny, Us

New York, Ny, Us

Worked for the broker dealer arm (Safra Securities LLC) on regulatory reporting and accounting operation while assisting in general ledger operations for the bank. Started in the introducing broker reconciling general ledger between SunGard and the clearing broker Pershing. Went self clearing in January 2016 and now work on daily PL reporting, sub-ledger to ledger reconciliation, and assisting in calculating and reporting the weekly customer reserve formula and the monthly FOCUS reports

Zurich, Ch

New York, Ny, Us

Paris, Fr

Key projects include monitoring and ensuring the integrity of the general ledger as well as the P&L for all of the structured products, alternative investment, equity holdings, and equity derivatives based legal entities, reviewing new and existing business initiatives to ensure accounting and reporting flows flow downstream correctly and are accurate - Liased between legal entity controllers and Head Office in reconciling, analyzing and reporting inter-company PL discrepancies - Improved the accuracy and transparency of the PL by identifying front office to back office and sub-ledger to general ledger discrepancies, finding the root cause, and communicating with the appropriate departments for resolution - Maintained the financials for SG Alternative Investment Holdings by updating the equity linked swap notionals, fund valuations, unrealized swap PL, and funding activity - Reconciled front office to back office accounting flows - Performed monthly intercompany PL hedging reconciliation for credit derivatives on transaction level - Investigated, analyzed, and resolved recurring technical issues between back office systems and the general ledger resulting in a 60 percent reduction in manual adjustments monthly. - Prepared FRY-7 reports for SG subsidiaries.

Utrecht, Utrecht, Nl

- Analyzed and reported financials for multiple entities for Head Office and external auditors. - Analyzed the asset portfolios of three SPVs each with programs >$4B. Analysis included variances in assets, mark to market losses, and impairments on the CDOs and monoline claims. - Prepared liquidity, solvency, credit risk, and country risk reports for all entities improving the transparency and accuracy of all reports - Prepared monthly netting to report IFRS repo balance and solvency on a $5-10B book for repo desk. - Performed variance analysis to explain large swings in notional and solvency for Head Office and Executive Committee reports. - Improved the balance sheet and solvency reporting process by breaking down all material variances by business line and by customer. - Reconciled monthly P&L between IFRS Reporting (PeopleSoft) and Management Reporting (Hyperion)

Utrecht, Utrecht, Nl

- Analyzed and resolved breaks in suspense and clearing accounts in order to maintain the integrity of the general ledger - Responsible for the accounting of six special purpose vehicles each with a program size $4-5B. - Calculated the mark to market and available for sale information on the mortgage backed securities, asset backed securities, and CDO portfolios. - Performed all general ledger functions to ensure all accounting activity from all departments and all external systems flowed to the GL correctly. - Certified and reconciled over 300 GL accounts monthly. - Prepared derivative netting entries monthly. - Took part in a team project that streamlined the derivative netting process for Head Office internal derivative reporting. - Maintained daily controls for inter-company and intra-company asset/liability and income/expense balances. - Streamlined the process of uploading and inputting journal entries

- Maintained daily and monthly cash flow reports, fixed asset depreciation schedules, and employee hourly and overtime reports. - Analyzed and reported all FAS-52 foreign exchange exposures for the year end close. - Assisted in wind down of the Australian branch. - Reduced over $20,000 per year in costs through initiating cost cutting measures. - Reconciled nine USD and multicurrency cash accounts

Mba, Finance

Bs, Business Administration-Finance