Vincenzo Formica

Experience

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  Shell

  Nov 1994 - Aug 1995

  Programmentwickler

  Job Description:Programmer of a Microsoft Access Database (Internship during university studies)Responsibilities:Design and programming of a database. implementation, teaching of staff. Main Tasks: Designing and programming of a database:Programming of algorithms in Microsoft-Access Basic and SQL in order to manage large quantities of data (Data Warehouse).Performing validation and functionality tests.Programming and implementation of databases.Development of a user manual, instruction of staff. Show less

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  PwC

  Oct 1998 - Aug 2006

  Senior Auditor

  Planning Phase:Performance of risk analysis by assessing client’s financial statements and client’s environment and industry. Conducting of “show-me meetings”.Assessment of internal controls, which are in place to cover identified risks.Development of audit strategy and audit budget.Execution Phase:Assignment of work to less experienced team members as well as responsibility for required coaching and on the job training. Responsible for solving problems at the client’s site. Modification of audit plans if necessary. Discussion of audit findings and issues with client. Audit of more complex areas. Testing of internal controls.Completion Phase:Writing and approving of management letters and audit reports. Writing exit meeting agendas as well as participation in exit meetings. Conducting staff appraisals. Show less

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  Habib Bank AG Zurich

  Oct 2006 - Jun 2016

  Head Consolidation and Reporting

  GAAP:Responsible for the preparation and maintenance of the group wide accounting manual in accordance with FINMA 2015/1 (Swiss Accounting Standard for Banks).Specification and control of the transition from IFRS to FINMA 2015/1.Main contact of the local country organisations for issues regarding accounting rules, management reporting as well as regulatory reporting.Manager of the group wide chart of accounts.Supervision and instruction of country organisations:Supervision, control and documentation of the monthly performance and budget compliance of the country organisations. Regulatory Reporting Banks:Consolidation and preparation of the capital adequacy reporting (Basel III) and Interest Risk Report (IRR).Responsible for the delivery of other monthly/quarterly statistics to the Swiss National Bank.Preparation Annual Report / monthly accounts:Preparation of the consolidated annual report and the corresponding disclosure requirements for capital adequacy.Preparation of the monthly accounts for the Zurich Branch (until 2012)Preparation of the monthly consolidated internal management reporting as well as further (ad hoc) reports for various committees.Responsible for the delivery of the quarterly VAT returns.Close cooperation with internal and external auditors.Responsible for Internal Control System (ICS):Instruction and supervision of the country organisations for the design and documentation of the Internal Control System (ICS).Coaching and supervision of staff:Coaching and supervision of the reporting staff and of the general ledger accountant. Show less

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  Finanzdirektion Kanton Zürich

  Nov 2016 - now

  Financial Auditor