Scott Bowen Email & Phone Number

Raleigh, Nc

Raleigh, Nc

Newark, Nj

Newark, Nj

Full-time consultant working with the senior management team to implement new accounting policies, expand internal reporting capabilities and create a formalized financial planning processes.

Uniondale, New York

Lead member of the Finance group responsible for all financial aspects of a P&C insurance organization.• Reorganized a decentralized accounting department by promoting operating efficiencies and reducing staff through attrition. • Successfully transformed the financial reporting process to provide timely and accurate financial data which enabled the sale of the Company.• Identified internal financial reporting improvements.• Prepared financial exhibits and presentations for insurance regulatory bodies and rating agencies.• Implemented new daily cash and banking procedures.• Was retained by new management as a consultant to assist in transition issues.

Independent consultant assisting clients in accounting and finance matter including the following: - Review of current workflows including recommendations for process improvement and workflow documentation. - Production of financial closing binders to support final balances with documentation support and reconciliations. - Audit preparation and support services. - Assistance with general ledger implementation and conversion strategies. - Full QuickBooks consulting including company set-up, process automation and balance reconciliation and clean-up support.

Greater New York City Area

Valiant was a newly-formed (2007) U.S. operations of Ariel Holdings, Ltd, a Bermuda based insurance holding company with over $1.5 billion of capital. Valiant Insurance Group was a specialty insurance holding group with both admitted and non-admitted insurance companies. The Company was sold in the fall of 2010 to First Mercury Insurance Group.I was a key member of management group responsible for all financial aspects of a start-up P&C organization including the following:• Developed the financial reporting structure and workflows for the start-up organization including SOX documentation.• Held executive signature authority and was part of the original 10 employees.• Coordinated the implementation of the Flexi general ledger, accounts payable and fixed asset system and related report writer which were all a key components of the new financial reporting structure• Responsible for all GAAP, statutory and management reporting.• Responsible for reinsurance reporting of major inter-company agreement with Bermuda based parent. • Oversaw the cash management operations for all group companies.• Worked closely with our IT group to integrate new core policy and claims system with the financial reporting and accounting workflows.• Established relationships and reviewed program manager operations to ensure timing reporting and collection of premiums; participated in due diligence of potential program managers.• Worked closely with senior management on budgeting and financial projections.Keywords: Start-up | GAAP| Statutory | STAT | non-admitted | Controller | Treasurer | Cash Management | Flexi | systems development | General ledger | GL | financial reporting |

New York, Ny

Tower is a publicly traded, Northeast US regional property and casualty insurance company with a written premium base of $600 million (2007)• Managed the Cash and Treasury areas including establishment of banking relations, daily cash management and cash forecasting.• Team leader for new Sungard GL/AP system implementation.• Procured financing for several sale-leaseback transactions.• Responsible for the expense budget for all group companies consisting of approximately 500 employees; Also developed the company’s first detailed departmental budget and quarterly variance package.• Responsible for the accounting of all administrative expenses including lease accounting, fixed assets, payroll and state insurance assessments.• Successfully integrated the addition of 3 companies acquired through acquisition into the daily cash and expense accounting workflow.• Oversaw all aspects of the Accounts Payable department including SOX control compliance.• Coordinated State deposit requirements with investment custodians and the respective State insurance departments.Keywords: Cash Management | sale lease-back | AP| Accounts Payable | cost center | SOX | Sungard | Bugeting | Expenses |

New York, Ny

The US P&C reinsurance operations of the German based, international insurance organization Gerling-Konzern Versicherungs-Beteiligungs AG. Prior to being placed in run-off in 2004, Gerling (Global) was one of the top 10 US P&C reinsurers.• Managed the Cash and Treasury areas of 6 subsidiaries including establishment of banking relations, daily cash management and cash forecasting.• Implemented detailed cost center expense reporting including allocation of corporate expenses to lines of business.• Prepared quarterly expense budgets and forecasts of company results including variance analyses internal forecast models.• Responsible for the accounting and reporting of all corporate, overhead and investment expenses.• Oversaw all aspects of the Accounts Payable department including coding of invoices and check preparation process.• Manage the daily operating cash flow of 6 subsidiaries including all banking relations.• Completed the Risk Analysis assessment for the US Subsidiaries• Coordinated the letter of credit process with several international financial institutions.Keywords: Cash Management | Treasury | Expense allocation | Risk Assessment | Banking relations |

Bethpage, Ny

The Robert Plan Corporation was a US based P&C Company specializing in high risk automobile business • Supervised and coordinated a professional staff in the preparation of consolidated, monthly, quarterly and annual GAAP financial statements and management reports.• Reviewed and analyzed the consolidated and segmental financial performance. • Prepared consolidated budgets, forecasts and cash flow projections.• Oversaw preparation of the quarterly and annual statutory statements of the insurance subsidiaries including detailed schedules of investments and reinsurance.• Successfully merged the accounting and finance departments of each satellite office into the corporate office while maintaining an adequate control environment in each location. • Managed the administration of the general ledger and cash disbursement systems ensuring accuracy and consistency in financial reporting including implementation of new interfaces from external insurance operating systems.Keywords: GAAP | STAT | SAP | statutory | general ledger | Budgeting | Forecasting |

Various

Originally known at Peat Marwick Mitchell and Co.Worked in the Buffalo, NY, Montvale, NJ and New York, NY officesClients: Niagara Exchange Corp | Moog, Inc. | Goldome Savings Bank | Spaulding Fibre Corp.Keywords: Audit | Accounting | Big 4 | Audit Software | Insurance| Government Contracting | Manufacturing

Bachelors Of Business Administration, Accounting

Graduated Summa Cum Laude

Education record