Accounting Manager in Chicago IL Resume Richard Montgomery by RichardMontgomery


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									                             RICHARD K. MONTGOMERY, JR.

                                  Vernon Hills, Illinois 60061
                                        (847) 362-5126


Accounting Manager (2004 – 2010)
    Managed a team of three Accounting Analysts, responsible for monthly/quarterly/annual
      internal and external reporting for the bank and corporation including the 10Q/10K,
      Federal Call Report, Y9C, and Annual Report.
    Responsible for running the monthly close cycle efficiently including automation of
      journal entries, analysis of financial results, and streamlining various processes resulting
      in a decrease in the close process from 4 to 3 days.
    Decreased monthly intercompany differences by 80%.
    Developed a daily consolidated corporation balance sheet by utilizing advanced Excel
      Pivot Tables, VLOOKUP formulas, and Macros. The consolidated balance sheet is used
      by executive management for key capital and funding decisions.
    Maintained compliance with SOX 404 assessments and relevant changes in accounting
      standards as they relate to the bank and corporation.

Accounting Analyst (1995 – 2004)
    Transformed the preparation and analysis of Northern Trust Corporation’s quarterly
      Consolidated Statement of Cash Flows. Developed a process which utilized advanced
      Excel use of VLOOKUP formulas, data downloads, and Visual Basic Macros which
      decreased statement preparation from 4 weeks to 3 days.
    Automated the collection and verification of financial data included in the quarterly and
      annual 10Q/10K, press releases, and regulatory reports. All financial information is
      automatically cross checked and inconsistencies are easily isolated. The initiative saves
      the Controller’s Department 10 to 12 hours per quarter in rework and manual data
    Streamlined processes relating to the month end close cycle. Automated the verification
      of earnings and equity rollups, saving the department 8 to 9 hours.
    Developed and presented special reports and interpretive studies by the request of
      executive management.

Accountant             (1991 – 1995)
    Responsible for proper accounting of month end accruals and reconcilement of prepaid
      asset accounts. Automated the reconciliation process which increased efficiency and
      reliability of reported financial information.
    Prepared quarterly and annual regulatory reports including the 10Q/10K, Federal Call
      Report, Country Exposure Report, Y9C, and Annual Report. Additionally responsible
      for reporting monthly and quarterly Risk Based Capital Ratios for the bank and
      corporation. Improved efficiency and accuracy by creating Lotus schedules and data
      comparison audits.
RICHARD K. MONTGOMERY, JR.                                                        Page 2


Senior Corporate Accountant (1990 – 1991)
     Monitored variances between incurred expenses and budget. Consulted with department
       heads about variances and proposed action to reduce variances.
     Prepared monthly branch reports, applying cost accounting principles for relevant and
       reliable reporting used as basis for management decisions.
     Responsible for implementing new Corporate Accounting Policies originated by
       Northern Trust Chicago.

Staff Accountant                  (1988 – 1990)
     Responsible for the bank’s daily funds position.
     Using advanced Lotus skills and macro commands, prepared and compiled monthly
       financial statements, analyzed deviations of actual vs. planned budgetary performance.
     Responsible for coordination, integration and preparation of annual budget and profit
       plan of branch office.

Accounting Assistant               (1986 – 1988)
    Organized, maintained and controlled subsidiary ledgers for all prepaid assets, accrued
      liabilities, fixed assets and accounts receivables/payable. Responsible for proper
      monthly accounting for expenditures and correct accrual accounting.
    Balanced the general ledger daily. Reconciled accounts with correspondent banks and
      cleared outstanding open items.

Beloit College                      Bachelor of Arts in Economics and Management, 1980
Beloit, Wisconsin

College of Lake County              Cost/Managerial Accounting, Tax Accounting, Financial
Grayslake, Illinois                 Accounting, Governmental Accounting, Business Law

DePaul University                   Auditing
Chicago, Illinois

                              AWARDS AND PROMOTIONS

      1995 Chairman’s Absolute Quality Award, “the highest honor acknowledging
       extraordinary and/or sustaining contributions for Northern’s total quality management
       initiative,” as sited in the Daily Herald, Business section, Movers and Shakers column.
      Seven Signature Service Spirit Medallions
      Promotion to Vice President in 2004, Second Vice President in 1999 and Officer in 1995

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