Daniel Jones, CFA, CAIA, FDP

Experience

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  Duke Energy Corporation

  May 2001 - Jan 2004

  Accountant, General Accounting, Duke Energy North America, LLC

  • Compared general ledger accounts between legacy accounting system (Clarus) and new accounting system (PeopleSoft). Made recommendations on how to implement the new accounting system • Oversaw new employee training on preparation of account and bank reconciliations, maintained accounting controls and ensured the integrity of accounting information

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  Sysco

  Jan 2004 - Mar 2006

  Accountant, National Supply Chain Financials

  • Developed a payroll Access database to track payroll that enabled consolidated reporting of payroll for improved visibility by senior management and decreased preparation time by 2 hours• Revamped account reconciliations procedures and format which improved the integrity of reporting, reducing manual errors by 15%

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  PSC

  Apr 2006 - Sept 2007

  Senior Accountant, Container Services Division

  • Analyzed income statement variances and natural gas cost and usages for seven locations to keep expenses in line with expectations and to identify opportunities to increase service line revenues• Drafted employee expense and revenue scenarios which were used for union negotiations• Researched service line activity-based cost data which was used to improve cost per service by managing supply purchases and negotiating better terms of service

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  BMC Software

  Oct 2007 - Aug 2009

  Revenue Analyst II, Revenue Analytics

  • Designed Access database that tracked intercompany software license royalties and large software license agreements over $1 million which facilitated analysis of software license revenues by legal entity and customer• Automated quarterly variance analysis explanations which reduced process time by approximately 25%• Prepared quarterly revenue package inclusive of revenue trend data, quarter over quarter, and year over year changes for executive management and earnings releases

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  Spectra Energy

  Aug 2009 - Oct 2013

  • Managed day-to-day operations and supervision of 3 staff and intern in the review, preparation and research of SEC Form 10-Q, Form 10-K, and additional internal financial reporting• Led 5-person team to implement WebFilings’ (now known as Workiva) cloud-based software which became the standard platform to prepare and file SEC 10-Qs and 10-Ks for company• Promoted to Lead Accounting Analyst in less than 2 years versus typical time frame of 5 years • Advised Hyperion Financial Management (HFM) users with optimal use of system and HFM Smart View• Updated HFM database; Ran HFM Daily Close Reports; Processed HFM Entries• Researched and resolved Intercompany Out of Balances and Ad Hoc requests

  • Lead Accounting Analyst

    Mar 2011 - Oct 2013

  • Senior Accounting Analyst, Corp Consolidations

    Aug 2009 - Mar 2011
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  AIG

  Oct 2013 - Sept 2022

  • Facilitated over $4 billion in Federal Home Loan Banks (FHLB) advances to support strategic asset purchases, hedging, derivative programs, and bridge funding needs for large cash outflows in line with mandated Asset Liability Management targets• Collaborated with Liquidity Management team to optimize the mix of mortgage related assets used for FHLB advances such that assets were optimized for liquidity, duration and convexity impact on the calculation of the liquidity coverage ratio• Resurrected dormant FHLB lending relationship by documenting operational procedures, advising senior leaders of the reliability and cost-effectiveness of the FHLB as a source of short-term, strategic, and contingent funding for AIG entities, and expanding FHLB borrowing capacity to an initial $1 + billion, which had a direct impact by lowering excess cash by $160 million and increasing liquid assets by $500 million• Partnered with Liquidity Management team to implement and maintain contemporary liquidity analysis and framework and end user computing model• Supervised 2 direct reports and a summer intern to prepare regular financial reports for management• Oversaw quarterly internal dividend payments process which provided over $1 billion in cash and securities to parent company which improved AIG’s ability to manage cash by reducing the need to borrow externally Show less

  • Associate Director - L&R Capital Management

    Jul 2020 - Sept 2022

  • Treasury Associate II, Treasury - Funding and Investments

    Oct 2013 - Jul 2020
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  Corebridge Financial

  Sept 2022 - now

  Associate Director - L&R Capital Management