Derek Farmer, CPA, MST, FLMI, ARe, ARA, AIAF

Experience

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  Farmer Construction

  Jun 2004 - Aug 2009

  Carpenter

  -Worked summers when help was needed -Assisted in various construction projects-Re-sided residential homes-Helped build additions

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  Target

  Aug 2005 - May 2008

  Sales Floor/ Electronics Team Member & Trainer

  -Assisted guests in Electronics and other areas-Used knowledge to suggest and sell Electronic merchandise -Promoted service plans and attachment rates-Helped set sales planners, maintained items in-stock and zoned merchandise. -Assisted, trained and advised new trainees

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  Target

  Jun 2010 - Aug 2011

  -Helped maintain a Safe & Secure environment for our guests-Performed and documented apprehensions-Investigated theft and fraud cases-Used and updated daily Perpetual Inventory Tracking Logs -Helped train, monitor and advise trainees within the district-Created and maintained partnerships with Nashua Police Department, Pheasant Lane Mall, and the Target Investigations Center. -Acted as Leader on Duty and led store team with daily tasks and projects-Updated and promoted sales and financial measurements-Led and oversaw annual inventory project-Updated and tracked daily, monthly and yearly sales, forecasts, and payroll for the store-Addressed team member issues and corrected problems with bottom performers

  • Sr. Target Protection Specialist

    May 2008 - Aug 2011

  • Executive Intern/ Executive-in-Training

    Jun 2010 - Aug 2010
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  Town of Tyngsborough

  Oct 2010 - Aug 2011

  Tax Collector Assistant

  -Gained knowledge of municipal tax software-Helped update, prepare and collect tax bills-Organized receivables and accounts payable

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  UMass Lowell

  May 2011 - Dec 2011

  Accounting Tutor

  -Prepared students for success in the accounting field -Assisted in providing clarification and guidance on school work -Helped advise students on good study habits

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  Mocera, Visconti & Co. CPAs LLP

  Sept 2011 - May 2012

  Accountant

  - Performed audits, reviews and compilations for corporations and businesses - Prepared tax returns – Individual, Corporate, Trusts, Partnerships, Not-for-Profit- Prepared payroll and sales taxes for clients - monthly, quarterly and yearly- Helped clients maintain an organized and updated bookkeeping system

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  Loiselle & Associates, P.C.

  Aug 2012 - Nov 2014

  Experienced Accountant

  - Performed audits, reviews, compilations and tax analysis for clients- Prepared tax returns – Individual, Corporate, S-Corp, Partnerships, Trusts, Final Corporates- QuickBooks consultant assisting clients with setup, bookkeeping and support

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  CliftonLarsonAllen LLP

  Dec 2014 - Jul 2016

  Tax Accountant

  - Prepared U.S. federal and state tax returns- Completed tax returns for individuals/shareholders, corporations, s-corporations, partnerships, non-profit organizations, and trusts.- Provided year-end tax planning for individuals and businesses- Utilized resources for tax research and various tax issues

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  Deloitte Caribbean and Bermuda

  Aug 2016 - Oct 2020

  - Serviced and managed a portfolio of clients in Bermuda and the U.S. Virgin Islands in the financial services' industry; including: re/insurance, captive insurers, hedge funds, banks, and local clients- managed and coached a team of professionals in both the Bermuda and USVI/BVI Deloitte locations - mentored and cross-trained staff, including working closely with audit teams on tax-related matters - performed detailed quality and technical reviews of U.S. business tax returns for corporations, shareholder personal foreign tax forms, and USVI-related corporate, sales and withholding tax returns- performed detailed quality and technical reviews of U.S. income tax provisions for reinsurance and captive insurance companies- Assisted clients with Automatic Exchange of Information (AEOI), including: U.S. FATCA, CRS, and Country-by-Country Reporting. - worked closely with numerous Deloitte member firms throughout the world on cross-collaboration client engagements. - Liaised with subject-matter experts and other members of the Washington National Tax office in Washington, D.C. Show less - Serviced and managed a portfolio of clients in Bermuda and the U.S. Virgin Islands in the financial services' industry; including: re/insurance, captive insurers, hedge funds, banks, and local clients- mentored and cross-trained staff, including working closely with audit teams on tax-related matters - performed detailed quality and technical reviews of U.S. business tax returns for corporations, shareholder personal foreign tax forms, and USVI-related corporate, sales and withholding tax returns- performed detailed quality and technical reviews of U.S. income tax provisions for reinsurance and captive insurance companies- Assisted clients with Automatic Exchange of Information (AEOI), including: U.S. FATCA, CRS, and Country-by-Country Reporting. - worked closely with numerous Deloitte member firms throughout the world on cross-collaboration client engagements. Show less

  • U.S. Tax Manager

    Jul 2018 - Oct 2020

  • U.S. Tax Senior

    Aug 2016 - Jun 2018
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  Frontier Bermuda

  Nov 2020 - Jun 2021

  Qualified Accountant at Frontier Bermuda

  - Experience working with an industry-leading large multinational life reinsurance company - Provided accounting analysis and performed daily general accounting functions - Experience utilizing Oracle R12, Workiva, and Hyperion Essbase computerized systems - Performed budgeting, accrual, and expense management, including transacting in forex- Booking investments, funds withheld, tax entries, NCI calculations, etc. relating to life reinsurance activities - Preparing and posting entries for third party block cedants from monthly cession statements Show less

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  Athene

  Jun 2021 - May 2023

  Senior Accountant

  - Prepare various financial reports, analysis, and reviews for Athene’s ACRA (third-party capitalized) sidecar- Prepare and self-review annual BSCR and quarterly EBS Bermuda BMA filings for Class C reinsurers – for both ACRA Consolidated and ACRA’s IRC 953(d) U.S. taxpaying entity- Oversee Consolidated ACRA STAT results’ process – board deck and underlying support- Prepare, present, and provide details for Alternative Investments’ analysis and movement - Organize annual budget and perform quarterly G&A, wrap fee, and shared direct cost expenses’ analysis at a consolidated ACRA level- Experience working on PGAAP accounting as part of Athene’s 2022 merger with Apollo - Participation with onboarding of new Pension Group Annuities (PGA) and Funding Agreement (FABN) deals, including preparing and presenting Day 1 results to executives - Managing various tasks for tax paying entity, including GAAP & STAT reserves, PHCF for both PGA and Retail products, clearing of suspense accounts, RFW, FWH, XOL’s, & tax- Liaise closely with FP&A teams in the US, actuarial teams in the US and Canada, and investment accounting Show less

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  Kuvare Life Re

  May 2023 - now

  Finance Manager