Tamica Dorsett
Nassau,Bahamas
Summary
Experienced leader with strong background in guiding teams, managing complex projects, and achieving strategic objectives. Excels in developing efficient processes, ensuring high standards, and aligning efforts with organizational goals. Known for collaborative approach and commitment to excellence.
Overview
22
22
years of professional experience
Work History
Manager of International Trust Fee Billing Department
JP Morgan Trust (Bahamas) Ltd.
01.2022 - 01.2024
- Managed a team of 8 team members.
- Verification of annual, semi-annual, quarterly and ad-hoc fee invoices for Global complex structure clients.
- Review and approval of Fee Billing analysis.
- Assigned Monthly Fee Billing Entities to Team Members (metrics)
- Responsible for Compilation and Distribution of all month end, quarter end and yearly reports.
- Liase with internal and external Auditors.
- Coordination of Annual Self-testing and Audit Exercises.
- Responsible for Resolving Monthly Queries from the Quality Assessment Unit minimum of 25 exceptions.
- Responsible for Presentation at Bi-Weekly Senior Management Operations Meeting.
- Responsible for Annual Board Reports and Presentation to the Annual Board Meetings.
- Approval of Fee Queries and Work Flows.
- Scheduling and Approval of Team Leave of Absence and Overtime.
- Discussion of Annual Goals and Conducting Annual Performance Appraisals
- Compilation and Standard Operating Procedures Manual
- Coordination and Compilation of Test Scripts for Testing of System Enhancements in the UAT environment
- Approved system access for system Users
Co-Manager of International Trust Fee Billing Department
JP Morgan Trust (Bahamas) Ltd.
01.2021 - 01.2022
- Verification of annual, semi-annual, quarterly and ad-hoc fee invoices for Global complex structure clients.
- Review and approval of 3rd party regulatory fees.
- Review and Approval of wire payments, variance analysis, manual valuations, cash receipts and Fee Queries.
- Training and Mentorship of Fee Department Interns, and New Hires.
- Review and Approval of Finance General Ledger Entries.
Fee Billing Officer - Associate
JP Morgan Trust (Bahamas) Ltd.
01.2013 - 01.2021
- Generate annual, semi-annual, quarterly and ad-hoc fee invoices for clients Globally with complex structures.
- Responsible for Compilation of Test Scripts for UAT Testing of Enhancements to Fee Calculation engine.
- Subject Matter Expert on System Conversion from CIS to Microgen.
- Co-Author of Business Required Document for Microgen Fee System.
- Responsible for the Amendments and Filing of Standard Operating Procedures Manual.
- Review and Approve Communication and Collection of Fees for manual and auto debit collection.
- Review and Approval of Write Off and recovery entries.
Senior Accountant Manager
Rhone Trustees (Bahamas) Limited
01.2011 - 01.2013
- Calculation and Generation of Trustee and Foundation Fees as requested by Managers.
- Invoicing and collection of annual and adhoc fees for Rhone (Bahamas) Trust, Companies and Foundations.
- Provide reconciliation for all fees to Pictet Bank Finance and PWC.
- Liaise with Pictet Bank and PWC as Rhone’s Audit Liaison to ensure a smooth and clean audit report is issued.
- Produce special Client Accounting and Financial reports in accordance with client requests, as needed on an ad hoc basis.
- Prepare Management Information and reports such as Assets Under Management, List of Trust, Companies, Foundations, New and closed business, active and non-active structures.
- Ensure the receipt, review and reconciliation of third party statements at least on a quarterly basis.
- Compilation of Procedures Manual
Senior Accountant Finance
Butterfield Bank (Bahamas) Limited
01.2010 - 01.2011
- Maintenance of monthly Sub-Ledgers.
- Maintenance of the monthly Government Fee Payment Log which tracks annual government fees paid on behalf of clients.
- Preparation of monthly and quarterly reports for distribution to Senior Management and Head Office.
- Preparation of the Quarterly BSD Report for submission to The Central Bank of the Bahamas.
- Maintenance of monthly Fixed Asset Register.
- Review and authorization in general ledger system of journal entries prepared by Junior Accountant.
- Investigating and resolving issues raised by the Junior Accountant.
- Investigation and resolution of transactions posted daily to the Suspense Account.
- Preparation and distribution of monthly and quarterly Management Accounts to Senior Management.
- Compilation of the quarterly Finance Board Packs for distribution to the Board of Directors at their quarterly meetings.
- Preparation and execution of monthly recurring entries in the general ledger system.
- Preparation of journal entries for review by the Head of Finance.
- Provide support to the Banking and Credit departments when necessary.
- Compilation and Generation of Cheques, wire transfer and cash payment.
Senior Client Accountant
Butterfield Bank (Bahamas) Limited
01.2009 - 01.2010
- Reviewing financial statements, cash statements and other adhoc reports prepared by Junior Accountants.
- Responsible for the compilation of a minimum of 16 financial statements monthly.
- Liaised and worked with external Auditors to facilitate work on audited accounts in order to facilitate the production of audited accounts.
- Preparation of Asset and Liabilities Listings for Trust Clients.
- Responsible for the production of fee bills for bonus points clients.
- Liaising with Trust Officers for the completion of financial statements.
- Reviewing payment requisitions, resolutions and minutes for several complex clients.
- Responsible for working on special projects relating to the department such as updating/writing the Client Accounting Department’s procedures manual and reviewing and updating training material for new staff.
Client Accountant
Butterfield Bank (Bahamas) Limited
01.2008 - 01.2009
- Produced a minimum of 12 financial statements per month.
- Completed financial statements within a six month rendition period..
- Provided guidance and assistance to Junior Accountants.
- Update file site application by inputting client documents in relevant client files.
- Liaise with Client Administrators to obtain information or clarify information on transactions for which financial statements were being prepared.
- Assisted Manager with preparation of reports for Senior Management.
Client Accountant/Assistant Manager
Cititrust (Bahamas) Limited
01.2002 - 01.2008
- Lead the regional team of a global company initiative to integrate financial statement software platforms and homogenize data with a view to reducing investigation time for better transaction definition and easier automation of statements.
- Prepared financial statements within a 6-month rendition period.
- Exceeded weekly quota of 70 points (equivalent to 10 financial statements) to ensure adherence to company’s policies and procedures
- Performed ad-hoc financial analyses as requested by management, supporting data-driven decisions within the company.
- Implemented new accounting software, resulting in improved data accuracy and faster report generation.
- Assisted with audits, providing thorough documentation and addressing inquiries from auditors in a professional manner.
- Enhanced client satisfaction by providing timely and accurate financial reports.
Education
Diploma - International Trust Management
Central Law Training
01.2005
Bachelor of Science Degree - Business Administration with emphasis in Accounting
Northern Caribbean University
Jamaica, W.I. 01.2001
Skills
- Team leadership
- Decision-making
- Quick Learner
- Complex Problem-solving
- Staff management, training and development
- Task delegation
- Documentation and reporting
- Project management
- Staff development
- Policy implementation
- Business planning
- Financial management
- Coaching and mentoring
- Attention to detail
Accomplishments
- Team Lead for Global Fee Billing Unit work-stream in the team's transition from Client Information System (CIS) to Microgen 5 series system.
- Played an integral role in preparation of the Fee Billing Functional Requirements Document, which formed the basis for the development of the new system (Microgen 5 series).
- Promotion to Senior Associate in 2022
- Spearheaded successful completion of Backlogged Accounts billing before Senior Managements deadline. In excess of 100 accounts with an estimated AUM value of $10,000,000,000.00.
- Assisted with the Successful implementation of an automated billing system at Rhone Trustees (Bahamas) Limited.
- Chairman of JP Morgan Philanthropy Committee for the years 2000-2024 planned, coordinated, executed all of the Committee projects and yearly initiatives.
- Compiled a listing of all annual project requests, met with stakeholders and sponsors to present the annual budget.
- Solicited annual increase in budget from JP Morgan Company sponsors.
- Conducted an annual membership drive within JP Morgan.
References
Available upon Request
Timeline
Manager of International Trust Fee Billing Department
JP Morgan Trust (Bahamas) Ltd.
01.2022 - 01.2024
Co-Manager of International Trust Fee Billing Department
JP Morgan Trust (Bahamas) Ltd.
01.2021 - 01.2022
Fee Billing Officer - Associate
JP Morgan Trust (Bahamas) Ltd.
01.2013 - 01.2021
Senior Accountant Manager
Rhone Trustees (Bahamas) Limited
01.2011 - 01.2013
Senior Accountant Finance
Butterfield Bank (Bahamas) Limited
01.2010 - 01.2011
Senior Client Accountant
Butterfield Bank (Bahamas) Limited
01.2009 - 01.2010
Client Accountant
Butterfield Bank (Bahamas) Limited
01.2008 - 01.2009
Client Accountant/Assistant Manager
Cititrust (Bahamas) Limited
01.2002 - 01.2008
Diploma - International Trust Management
Central Law Training
Bachelor of Science Degree - Business Administration with emphasis in Accounting
Northern Caribbean University
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