CHARLENE H. ALSTON ca5d7908@westpost.

net
15014 Gardner Dr, Alpharetta, Ga. 30009 478-986-8732
Staff Accountant/Accounting Manager/Controller
Accounting Metrics / Financial Analysis & Reporting / Internal Controls/ Audits
GAAP / Compliance / Turnarounds / Acquisitions / Cash Management / Asset Managem
ent
Accounting and financial professional with leading financial operations in chall
enging business environments. Stimulated significant increases in business profi
tability through strategic financial accounting initiatives. Slashed delinquency
rates, streamlined accounting and financial systems, and implemented internal f
inancial controls, reducing costs and improving overall efficiencies.
MBA and BA, (Finance and Accounting), American InterContinental University (IL).
Bank Management Certificate, The School of Banking, Louisiana State University.
Technical training: Cash Flow Analysis and Commercial Loans to Businesses, Robe
rt Morris Associates, (FL).
Selected Accomplishments
Turned around out-of-compliance operation and improved return on investments an
d equity. Assessed situation and developed plan to determine ability to collect
on loans to turn around operations. Renegotiated investment accounts for higher
rates and increased income.
Conducted financial audits, improving loan quality and enabling acquisition of
commercial loan portfolio. Performed audits of assets and liabilities, includin
g commercial loan files and documentation completion. Assigned loans that were m
issing security or financial documents. Improved documentation quality of loans
, enabling the sell of loan portfolios.
Key participant in due diligence and auditing efforts to turnaround non-complia
nce issues. Created reports of key issues and concerns for management and regul
atory officials for savings and loans to meet new legislation requirements. Ensu
red all transactions were entered into GL as legitimate transactions. Evaluated
analysis of operations, budget and financial position, including quality of asse
ts.
Restructured accounting processes and implemented internal controls. Overhaule
d and tested new procedures, providing baseline for external auditors to evaluat
e effectiveness. Identified vulnerabilities, creating an accounting system and a
llowing for detection of corrupt processes. Accounting duties included month end
close, journal entries, accruals and fixed assets, budgets, forecasting and var
iance analysis, including income and balance sheets analysis and payroll adminis
tration.
Areas of Expertise
Analyzes complex business challenges
Cash Management
Implementing solutions
Strategic Planning/Execution
Prepare and successfully completing internal audits
Regulatory Controls/Compliance
Liaison with external compliance audit agencies
Forecasting/Budgeting P&L
Reengineered processes to improve customer service
Contract Negotiation
Establishing financial metrics, accountabilities, and systems
Operations/Process Management
Financial Management/P/L
Team Building
Professional Summary
Enrolling in Sigma Six, beginning summer of 2010
Controller, National ID Recovery, LLC. 2008-present. Reports to the CEO of the
company. Prepare and monitor financial reporting, including preparation of cor
porate federal tax returns. Review and implementation of accounting system for t
he purpose of updating an accounting system more conducive to the needs of the b
usiness and long term objectives. Performs various accounting functions includin
g journal entries, accounts receivables, accounts payables, accruals, fixed asse
ts, various analysis reporting, and preparation of financial statements. Prepare
departmental payrolls and interview companies on various employee benefit progr
ams to submit to management.
MBA program, 2004 V 2006. Attended college to complete MBA.
Branch Manager, Atlantic Coast Federal, 2003 V 2004. Managed new branch. Perfor
med cash and cash equivalent audits. Prepared monthly and quarterly financial re
ports and reported to management. Developed plans to increase loans and deposits
. Managed sales staff production levels. Prepared monthly, quarterly and year-en
d management financial reporting for budget analysis preparation.
Financial Advisor, American General Finance, 2002 V 2003. Trained new hires on l
oan processes and procedures.
Credit Analyst, First National Bank of Barnesville, 2001 V 2002. Ensured compli
ance with federal regulations. Worked in compliance analyzing financial statemen
t and reviewing file documentation.
Treasurer / Manager, W & A Federal Credit Union, 2000 V 2001. Prepared and moni
tored financial reporting and lending information. Reported and presented to th
e Board and regulatory agency all monthly financial information and performance
trends. Initiated and monitored a plan to reduce loan delinquency into complian
ce with agency guidelines. Performed payroll and benefit administration and vari
ous accounting functions including journal entries, accruals, fixed assets, vari
ous analysis reporting, and preparation of financial statements.
Earlier career: Sr. Commercial Lender VP, Florida National Bank.