Director of Finance and Operations
During Carol’s 15 years with the American Diabetes Association, she was responsible for reporting the charitable solicitations and registrations; tax and compliance (sales tax, 990, 990T, CGA compliance), monthly and annual financial statements and forecasts; weekly and monthly divisional support, as well as ensuring the integrity of the association’s general ledger by monitoring the timely reconciliations of bank accounts, daily uploads of CURE, and other third party uploads and reconciliations.
In addition, Carol was responsible for implementing key initiatives, including:
Negotiated new merchant rates and fees, saving the Association a minimum of $300,000 annually;
Streamlined the organization’s banking structure with improved monitoring of cash balances and investment activity;
Implemented processes and procedures to efficiently monitor and manage Inventory, which reduced year-end write offs;
Developed and implemented procedures with the Scientific & Medical Division for improved tracking and reporting of research grants; and
Implemented a summer intern program.