Mariano Herrera, MBA

Home (201) 918-2839 29C Marcy Place, Apt.C

Jersey City, NJ 07306
Cellular (787) 934-8966 Work (646) 368-0479
Corporate Accountant & Financial Professional
Dynamic professional career in strategic planning, development and leadership of
complex accounting, budgeting, cash, management, payroll, forecasting, Sarbanes
Oxley, financial analysis and reporting. Successful in linking accounting and f
inance to business operations to drive forward organizational development, contr
ol costs and maximize value and gains. Proficient in the following Microsoft pro
grams and Financial related programs: Word, Excel, PowerPoint, Visio, Outlook, A
ccess, Project, SAP, Peachtree, QuickBooks, PeopleSoft, Quicken, Hyperion, Great
Plains, Oracle and among others. More than 7 years of experience in Public Acco
unting and Governmental Accounting. Working toward Certified Public Accountant L
icense (CPA) and Certified Financial Planner Certification (CFP).
Professional Experience
Accountant and Financial Executive - Herrera & Associates PSC. Jersey City, New
Jersey 08 - 09
Assumed accounting, financial and human resources responsibilities necessary for
the creation of the firm. Supervised and trained three employees; authorize fin
ancial documents; review internal operations; reinforce standard company policie
s/procedures. Interact with the client in all related to the packages needed and
served in order to fulfill the financial, develop value and handle special requ
ests.
Serve as an accounting professional and financial executive with a diverse s
cope of responsibilities including but not limited to account receivable, accoun
t payable, general ledger, forecasting, payroll, and preparation of year-end fin
ancial statements. Direct a staff of three.
Provided Advice to the clients in the appropriate process of financial and m
anagerial accounting related to their business and recommends the necessary adju
stment to be implemented.
Business Valuation using Capital Asset Pricing Model (CAPM), M&M Valuation,
WACC, Trends Analysis, Financial Leverage, Sensitivility analysis, Operational L
everage and Financial Ratios Analysis in accordance to appropriate FASB Pronounc
ement, Guidelines and Task Force Interpretations.
Coordinate fund transfers, cash receipts, disbursements and monthly reconcil
iations. Concurrent responsibility for the design, administration and management
of all employee benefit programs and related regulatory affairs.
Auditor & Accountant - C Integrated Business Group CPA's PSC. Guaynabo, PR 06 -
07
Performed analysis concerned to accounting records for determine financial statu
s and prepared financial reports concerning operating procedures: Reviews data r
egarding material assets, net worth, liabilities, capital stock, surplus, income
, and expenditures. Inspects items in books of original entry to determine if ac
cepted accounting procedures were followed in recording transactions. Counted ca
sh on hand, inspects notes receivable and payable, negotiable securities, and ca
ncelled checks. Verified journal entries of cash and check payments, purchases,
expenses, and trial balances by examining and authenticating inventory items. Ma
y make recommendations regarding improving operations and financial position of
company.
Prepare the audit planning (more than 30 billion dollars banks and corporati
ons net worth) establishing the tolerable acceptable materiality misstatement.
Realize the different audit process to public clients conforming to General
Accepted Accounting Principal (GAAP) and General Accepted Auditing Standards (GA
AS) used in the United States.
As per necessities of the Firm realize fully Audits and Sarbanes Oxley proce
dures of one of the most important accounts names of the Firm. Estimated Income
of the accounts was approximately $100MM.
Teacher Assistant - Graduate School of Business, University of Puerto Rico. San
Juan, PR 04 - 06
Collaborate in all respect to assignment curses, presentations and special resea
rch of Prof. Eusebio D az Ph.D. (NYU School of Business Alumni) and Prof. Manue
l F. Villal n, MS, CPA, JD (Wharton School of Business and Harvard Law School A
lumni). Some directly tasks were: design, administration and evaluation of exams
related to graduate students, preparation of special assignments as thesis them
es, accounting and financial cases and monographies
Participate in committees that integrate in the approbation and validation o
f the different MBA and Ph.D. programs.
Advise students in combination of courses to take, also in the focus of them
es to be presented in the classroom.
Perform meetings with the graduate students related to clarify doubts in the
mes discussed in the classrooms
Budget Analyst - Budget Office, University of Puerto Rico. Carolina, PR 01 - 03
Assist the Budget Director in the planning, management and meetings related to t
he financial situation of the Institution. Establish close communication with al
l the different directors and supervisor in the distribution and use of the appr
oved financial budget. Present yearly to the President and Board of Directors, t
he acquired achievements related to the goals established. Realize transfer of f
unds, variance analysis, trend analysis, cost analysis and among other analysis
and reports required for compliance and due professional care.
Prepare the Institutional transfers of funds (internal and external, togethe
r exceeds $20MM), Prepare monthly financial statements and fiscal and financial
reports.
Create a financial mainframe of the budgetary situation and present to the S
enate of Puerto Rico in order to request the necessary economical resources for
achieve the goals of the Institution. For the year 2002 we get $7MM for new proj
ects including: new equipment for Chemistry Department, Start of the BBA with sp
ecialization in Accounting and among other specific programs.
Manage with the collaboration of a Secretary and an Administrative Assistant
approximate $37MM, including Federal Funds and State Funds.
Education
M.B.A., Accounting, Minor: Financial Management, GPA: 3.50, Major GPA: 3.80, 200
6
Graduate School of Business, University of Puerto Rico, San Juan, Puerto Rico
Thesis: Longitudinal Study of the Health Reform of Puerto Rico
B.B.A., Finance, Minor: Business Management, GPA: 3.67, Major GPA: 3.75, 2002
University of Puerto Rico, Carolina Campus, Carolina, Puerto Rico
Organizations and Memberships
MBA Association, 2010

Honors and Awards

Graduate Student with the Highest GPA in the MBA Accounting Program from the
2006.
Personal Profile
US Citizen. Fully Bilingual in English and Spanish.