Ron Patel, Mba Email & Phone Number

Chicago, Il, Us

Carmel, Indiana, United States

• Manage the benefits accounting process: funding, reporting, expense tracking, and vendor payments• Administration of 401K and non-qualified plans for home office and field personnel (~3,400 employees)• Provide customer service to current and former employees regarding all benefits-related concerns• Prepare funding wires for payroll and benefit plan contributions.• Partner with vendors/plan recordkeepers and payroll to ensure plan compliance • Main point of contact for 401k audit in 2021 and 2022 • Retirement Committee and Audit activities • Ensure compliance with ERISA, COBRA, ACA, and HIPAA

Elk Grove Village, Illinois, United States

• Retirement plan TPA for a case load of 60 plans of varying size and complexity • Census review, trust accounting, eligibility calculation, and compliance testing for each client • Preparing signature ready form 5500’s, 1099-R’s, and other government fillings using FT Williams • Processing of employee deferrals, contributions, distributions, loans, and hardship withdrawals • Speaking with plan administrators/participants and service providers to resolve escalated issues • Working with outside auditors and providing them with requested plan information

Bensenville, Illinois

• Bank reconciliations, account reconciliations, and intercompany accounting • Post all cash receipts and intercompany payments• Handle credit and collections for all 4 companies including follow up on invoices• Prepare and post journal entries • Month end account reconciliations using Blackline

Deerfield, Illinois

• Handled collections of most complex invoices• Analyzed cash and collections trends/variances and reported KPI’s to senior management• Made suggestions to improve DSO, CEI, and overall departmental efficiency• Pulled DNB reports and analyzed customer financial statements • Applied credits and debits using Microsoft Dynamics GP• Prepared monthly A/R reserve file for US and International entities • Used exchange rates to post inter-company payments• Processed write offs in Great Plains (Dynamics GP)• Go to resource for department• Created reports for and led bi-weekly working capital meeting

Trevor, Wisconsin, United States

• Handled operations for small motel • Front desk, maintenance, and room cleaning responsibilities

Greater Milwaukee Area

• Processed retirement education to plan participants• Updated customer accounts and achieved a high level of 1st call resolution • Exceptional calls scores (4.75-5.0 average)• Handled escalated calls• Expert in explaining retirement plan enrollment and concepts• Processed mutual fund transactions• Trained new hires through mentoring and call monitoring • Calculated and explained taxes and penalties on withdrawals• Helped with incoming and outgoing rollovers and lead generation

Greater Milwaukee Area

• Negotiated settlements, payment arrangements, and set up payments over the phone. • Obtained and analyzed personal financial information regarding income, expenses, and assets.• Gathered information and prepared statistical / narrative reports using Microsoft Excel • Utilized strong negotiation and problem solving skills to assist consumer with paying the debt• Member of diversity committee

Master Of Business Administration (Mba), 3.89 Gpa

Completed the MBA program with distinction.

Bachelor Of Business Administration (B.B.A.), Finance, 2.55 Gpa