Thomas Leick Email & Phone Number

Iselin, Nj

Head of the portfolio accounting team responsible for overseeing the accounting and controlling of over $14 billion of project and structured finance loans and equipment and technology loans and leases. Aspects include:•Monthly financial close, reporting and analysis to senior management and to the SFS business units. Analysis focuses on financial results by business unit including Net Interest Margin, Non-Interest Revenue, OPEX and Credit Hits, Asset development and Run-off.•Leading the Accounting department thru the implementation and testing of a replacement contract management system. This entailed managing the team in the following: the migration plan and reconciliations of the new platform vs. the existing system, developing the accounting specifications for configuration into the new system, developing report specifications to handle future accounting reporting/reconciliation needs, ensuring proper data transfer to the general ledger (SAP) and other down-stream systems along with developing the Accounting test plan for all aspects to ensure the quality and readiness of the go-live transition. •Developing and implementing projects designed to streamline and improve work-flow and controls. These include but not limited to optimizing Infolease sub-ledger process, upgrading Loan IQ from 6.8 platform to 7.3 and automating various reports and month-end reconciliations. •Preparing financial portfolio data reported in the disclosures published in the 10Q and 10K notes.•Researching accounting questions/issues on existing portfolio and developing appropriate accounting with respect to new business products. •Working with Controls Management team to establish appropriate controls and ensuring business unit and finance team are adhering to policies.•Interacting with external auditors on quarterly and year-end audits of SFS results and central accounting team in Germany to provide MIS reporting and adhoc analysis and support on monthly and quarterly results.

Livingston, Nj

Business Unit Controller responsible for overseeing the accounting and financial reporting of over $8 billion of government guaranteed (FFELP) and private student loans. Directly leading a team of three and liaising with the general accounting group to ensure team was following appropriate GAAP accounting treatment and complying with company policy. Aspects included:•Monthly financial close, reporting and analysis to senior management and to corporate consolidation team. Analysis focused on period comparisons of P&L and balance sheet, margin analysis and asset roll-forwards.•Prepared/reviewed business unit results, commentary and schedules for inclusion in 10Q and 10K reporting as well as for inclusion in regulatory reports such as FR Y-9C and FFIEC009.•Prepared and discussed quarterly presentation package to review business results with CIT CFO in advance of quarterly earnings calls. •Worked with SOX team to establish appropriate controls and ensuring business unit and finance team were adhering to policies.•Analyzed business to maximize cash flow opportunities and help implement liquidity strategy on the portfolio including use of conduit facilities, securitizations and sales. •Continually sought ways to enhance analysis and financial deliverables while also streamlining workflow.

Weehawken, Nj

Senior manager leading a team of seven with responsibility for providing all aspects of accounting support to the Products and Services Business Group that produced over $1.0 billion of revenues and $.6 billion of net profit. Products included: Mutual Funds, Managed Accounts, Hedge Funds, Trust Accounts, Unit Investment Trusts, Corporate Stock Options, Credit Cards, Loans, Insurance and Research. Key deliverables were the implementation of a formalized balance sheet review (SOX 302) process, the automation of journal entries eliminating manual processing but creating more granular detail to the general ledger and instituting procedures documentation to reduce risk of process interruption. Aspects included:•Monthly financial close, reporting and analysis for the products including a formalized analysis of key drivers of month over month and month versus forecast variables and the preparation and processing of journals to ensure accurate books and records. •SOX 404 and 302 activities that encompassed the review and signoff on internal controls and the preparation, review and presentation of formalized balance sheet packages for business head signoffs.•Successful preparation of legal entity financial statements for annual outside audit and presentations at quarterly board meetings. Liaised with auditors to ensure appropriate documentation supplied and timely audit completion. •Billing/invoicing for several product lines to outside corporate clients for administrative, distribution and networking services offered by UBS.

Greater New York City Area

Vice President, Legal Entity Controlling-GL Control, August 2003 to November 2005Coordinator for Legal Entity Controlling (LEC) of the management reporting process developed in response to the requirements of Sarbanes-Oxley. Duties included review of the balance sheet substantiations provided by LEC areas, ensuring proper ownership structure for balance sheet accounts, MIS reporting to senior management of outstanding issues, and communication with the central Management Reporting Group.•Managed the post-implementation processes developed from the conversion to the new SAP general ledger system. •Led a project team that reviewed the sub-ledger to ledger mapping of accounts in order to ensure proper sub-account mapping to the general ledger. For the project, an analysis was performed on each account and accounts were remapped to their proper financial statement elements. Detailed account descriptions were prepared. Vice President, Global Technology & Operations Controlling, September 1999 to July 2003Global business area controller and finance manager directly accountable to senior manager for Risk Management & Cross Product Services (RM&CPS), a $200 million, 800-person organization within Global Technology & Operations (GTO). Responsible for the consolidation of the global results from over 50 countries, all aspects of financial control, preparation and written analysis of the monthly financial results, development of the annual plan, quarterly forecasts, month-end/year-end closing activities and business line support while leading a team of four.•Obtained a prestigious spot on Deutsche Bank’s Future Leader Workshop that met on a bi-weekly basis to create formal presentations and offer solutions on issues posed by senior executives. •Directly involved with business line projects geared toward business redesign and cost reduction opportunities including outsourcing operations to Bangalore and instituting technological solutions to streamline work.

Newark, Nj

Manager, Portfolio Management Group, June 1997 to August 1999Managed a team of up to nine responsible for consolidating expenses incurred by the asset management units investing propriety assets in support of Prudential’s insurance products. Responsibilities included analysis, planning, forecasting and reporting of over $1 billion of investment expenses including operating, mortgage loan, real estate management, broker rebate and taxes. Managed preparation of the $60+ million annual operating budgets for two investment departments as well as the monthly reporting and written analysis of variations to plan and forecasts of results provided to senior management.•Maximized technology by automating the preparation of reports increasing accuracy and timeliness leaving more time for analysis. Worked on teams to develop criteria and decide how to streamline reporting processes.•Achieved two “Above and Beyond” awards for producing high quality results on tight deadlines with extreme accuracy and teamwork. •Streamlined work effectively reducing staff, through attrition, from six full-time to four full-time employees saving the company $200,000 and improving efficiency.Other positionsSenior Financial Analyst, Capital Management Group, May 1995 to May 1997Financial Analyst, Prudential Investment Advisors, October 1991 to April 1995Staff Accountant, Pruco Life Insurance Company, August 1988 to September 1991

Master Of Business Administration (M.B.A.), Finance

Accounting