Orlando Rivera

Experience

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  Resource Center for Science and Engineering

  Jan 2001 - Jan 2004

  Assistant Accountant

  • Led and directed complex audit functions, entailing federal and local projects• Conceptualized and instituted inventory control database• Facilitated decision making process through reporting; ensured alignment of budgets and proposal requirements; audited expense reports submitted by program personnel

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  BDO Puerto Rico, P.S.C.

  Jan 2004 - Jan 2012

  • Furnished efficient Financial Statement Audit (FSA) support through IT controls testing for restaurants, financial institutions, distributors, universities, waste management companies, machinery and equipment rentals; discovered process exceptions and deficiencies, along with associated risks; ideated comprehensive improvement solutions • Ensured proper design, implementation, and processing of controls via information systems testing; facilitated prompt monitoring and flawless functionality• Utilized VBA to optimize IT procedures and systems tools, focusing on processes automation and accountability enhancement• Expedited consistent adherence to application requirements through software validation; developed end user documentation • Formulated IT Audit Programs for a governmental agency; reduced manual work due to elimination of prior documentation• Evaluated operating effectiveness on application and IT-dependent manual controls• Implemented computer assisted audit techniques (CAATs) to validate financial GL transactions reports accuracy and completeness• Utilized spreadsheets to evaluate the effectiveness of controls, related to significant accounts and disclosures in the financial statements as required by SOX• Played a pivotal role in the elopement of client’s proposals and budget estimations for future projects Show less • Held full accountability for daily auditing efforts; prepared accurate financial statements with• Formulated key control goals involving preventive, detective, automated, and manual objectives• Led SOX compliance intiatives within financial institutions• Handled and managed GAAS audits and prepared GAAP financial statements for clients in diverse industries including retail, wholesale, automotive, consulting, and advertising• Developed complex macros in MS Excel spreadsheets to decrease entry time and boost accuracy • Served as an integral part of the team, diligently documenting bank processes and ensuring effectiveness of internal controls • Steered the audit funding reports preparation and advised upper management on findings Show less

  • Senior IT Auditor

    Jan 2007 - Jan 2012

  • Staff Auditor

    Jan 2004 - Jan 2007
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  Sánchez Rosa & Co. CPA, PSC

  Jan 2012 - Feb 2015

  Senior Consultant

  • Provided a comprehensive contribution to the daily operations of the Risk Department through Allowance for Loans and Lease Losses (ALLL) calculation for residential and commercial portfolios• Determined trends and variances, while handling complex calculations and assumption testing to further present to BOD; supported effective decision making through reporting • Performed Commercial ALLL estimation through risk modeling; created analytical model in SAS to assess the impact of economic trends on the collateral valuation of residential and commercial portfolios; identified P&L impact and trends causes• Prevented potential financial losses and mitigated risks through creation and integration of comprehensive analytical procedures • Automated processes and boosted accountability, reduced risks and accelerated controls through development of system tools using SAS, VBA and databases • Enhanced compliance with the regulators, auditors and SOX through propagation of policies and procedures• Gathered data on effectiveness of controls, related to major accounts and disclosures through testing on electronic spreadsheets Show less

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  Cedrela Consulting Group

  Mar 2015 - now

  Chief Data Officer and Senior Consultant

  Cedrela CG is a boutique management consulting firm that provides high-touch management consulting services in finance, enterprise risk management and regulatory compliance.By using data science in conjunction with our discovery performance assessments, we find ways to improve your profitability, by enhancing your revenue sources, optimizing your cost base and improving your risk profile.Cedrela CG's management team has a strong mix of financial, operational and compliance experience that will ensure a great investment and the overall success of our client’s ventures.We cater to United States and Latin American clients who want to do business in Puerto Rico, the Caribbean and domestic Hispanic markets in general. Show less