Traci Herrick Email & Phone Number

Kansas City, Missouri Area

Assist in onboarding a new client. Manage a team in performing monthly mutual fund financial reporting.

Evaluation for a potential new line of business. Developed business proforma, evaluated staffing needs, and researched other business opportunities. Drafted mutual fund financial statements for a company in the financial industry.

Topeka, Kansas Area

Develop, market, and execute a new initiative, Outsourced CFO to small and mid-sized entities garnering 5 clients within 2 years• Acted as part-time CFO for entities in various sectors: non-profit, for-profit and governmental and across multiple industries: retail sales, service and insurance.• Managed financial policies and processes for a client to realize a change in net income from ($65,000) to $43,000 within two years.• Directed and managed the merger of 4 non-profit business development entities into 1 consolidated partnership within 5 months, establishing consolidated chart of accounts, budget and financial reporting functions as well as day-to-day processes.• Skilled quick-learner for new systems with ability to analyze and recommend changes for efficiency focusing on big picture end goals.• Accomplished at creating electronic efficiencies for documenting financial and operational policies and procedures.• Expert ability to lead and work independently as well as part of a team of varying levels within entities on change.

Topeka, Kansas Area

Manages and directs agency fiscal and operational planning and support, including budget from numerous state, federal, and private funding sources.• Planned, directed, and implemented agency fiscal and operational functions overseeing 7 staff in Fiscal and 19 staff members in Human Resources, Marketing, Information Technology and Building Services.• Oversaw the agency through a comprehensive budget reduction in state and federal dollars from $132M to $112M and reduction in agency positions from 362 to 268 over 6 ½ years.• Managed the restructuring of agency functions merging 2 divisions and absorbing the functions of 2 other governmental quasi-agencies.• Ensured agency was in compliance with state and federal guidelines overseeing 127 federal reports to 4 federal agencies on over 35 federal grants on a quarterly basis.• Provided final review and approval of agency budget, contracts, purchases, expenditures, and receipts. • Served as key internal policy advisor to the Division Directors, Deputy Secretaries and Secretary on matters of fiscal and operational policy and strategy. • Performed short term and long term strategic planning. • Oversaw on-going formulation and review of agency fiscal and operational policies and procedures.• Developed testimony and testified before the state Legislature on agency fiscal and operational topics.

Topeka, Kansas Area

Prepare the Security Global Investor mutual funds, insurance funds, wrap accounts and general account into composites for compliance with Global Investment Performance Standards (GIPS).• Analyzed data and conducted quarterly verification testing.• Researched and determined resolution based on GIPS policies for testing non-compliance.• Developed policies and procedures based on testing criteria.• Assisted in marketing presentations of composites and reviewed for compliance to set standards.

Topeka, Kansas Area

Planned and managed an advisory program as a service offering from Security Benefit.• Researched and conducted a cost benefit analysis to determine registered investment advisor vendor.• Coordinated the development of the project plan and implementation efforts incorporating a web-based and paper-based platform.• Defined the specific, measurable outcomes of the program including sales goals, expenses, and revenue. Provided regular briefings for the implementation team and senior management.• Managed issue identification, documentation, and coordinated team resolution.• Managed a cross-functional support team including business systems analysts as well as service support associates.• Developed policies and procedures surrounding the program post-production support. Coordinated resolutions for post-production issues and involved vendor as needed.• Managed the vendor relationship incorporating technical and marketing communication.• Analyzed market and developed strategic marketing plan.• Developed program marketing material incorporating guidelines from the Compliance Department.• Led and actively promoted the advisory program to the field sales team, broker dealers and representatives.• Improved program efficiency and effectiveness through enhancements to technology supporting the platform, to marketing materials, and to program pricing options for clients.• Created results of 120 selling relationships, more than 7000 client enrollments, and up to $300 million in assets under management in a four year time frame, resulting in increased revenue for Security Benefit.

Bs, Finance

Education record