Yanna Valak Email & Phone Number

• Managing the preparation, audit and filing of annual and semi-annual shareholder reports for various funds, including N-CSR and N-SAR filings.
• Managing the preparation and filing of quarterly N-Q filings.
• Preparing quarterly performance reports for the Board of Trustees.
• Calculating and monitoring expense accruals for the funds.
• Calculating income & dividend projections for the funds.
• Oversee the service provider’s fund accounting, custodian and transfer agent departments.

Oakbrook Terrace, IL

• Oversee, review and assist in the preparation of mutual funds' annual and semi-annual shareholder reports. Assist financial reporting staff in solving problems and addressing issues associated with the financial.
• Review financial statements prepared on regular basis.
• Collaborate with other departments and play a key role to help direct other people.
• Draft accounting policies and procedures in compliance with GAAP with close concentration on derivative reporting (futures, swaps, options, forwards).
• Supervise and monitor mutual funds’ activity on monthly and quarterly basis.
• Supervise and train a group of senior accountant and two accountants. Review their assignments and conduct performance evaluations. As a result of my training effort, two people within my team received promotions.

• Reviewed and analysed shareholder and regulatory reports (Forms N-CSR, N-CSRS, N-Q, N-SAR and N-1A) prepared by analysts.
• Coordinated the routing and printing process of regulatory reports.
• Assisted external auditors with questions and concerns regarding annual reports.
• Participated in various projects including transition of former fund administration system (Merrill Reports) to FundSuite SX.

• Prepared financial statements in accordance with GAAP requirements to be included in mutual funds' quarterly, semi-annual and annual shareholder filings.
• Prepared balance sheets, statements of operations, statements of changes in net assets and statements of cash flow for shareholders and SEC. Researched, addressed and followed-up on comments received.
• Coordinated with various departments to have financial statements typeset, printed and mailed to shareholders within the 60 day SEC requirement.
• Prepared proforma financial statements for proposed fund mergers and other ad-hoc financial reporting requests, as required.
• Monitored mutual funds’ activity and reporting.
• Prepared budget reports for multiple funds on monthly basis.

• Oversaw day-to-day office operations including bookkeeping and payroll, addressed clients’ requests, maintained general ledger for multiple clients and complied with various upper management requests.
• Maintained GL for multiple clients.
• Reconciled bank statements for multiple clients.
• Prepared financial statements on a deadline basis.
• Assisted in budgets and forecast analysis/process and responsible for balancing and maintain numerous bank account/reconciliations.
• Prepared and reviewed federal and state individual income tax returns for multiple clients.

Bs In Science, Finance

Education record