1. JULIE C. SALICRUP
322 Richbell Road Mamaroneck, NY 10543 ∙ jsalicrup10@me.com ∙ 914-319-5172
SUMMARY
15-plus-year accounting career includes: ensuring public (and private) multinationals adhere to GAAP and
STAT standards; having direct access to the Office of the Chief Investment Officer (CIO) at New York Life
(NYL); spearheading co-sourcing decisions on behalf of the corporate management account team for NYL;
acting as a business partner to multiple business units to promote variance accuracy; providing corporate
management account expertise on a high-profile, finance transformation task force; and teaching direct
reports how accounting impacts finance. Fordham MBA in Accounting.
EXPERIENCE
NEW YORK LIFE INSURANCE COMPANY, New York, NY 1/06 – Present
Corporate Vice President - Financial Planning and Analysis
• Day to day liaison between finance and the Office of the CIO; deliver quarterly results (actual and plan)
to deputy Chief Investment Officer; partner with OCIO team to model and forecast earnings and surplus
for the year and outer year projections; identify critical results that have informed investing strategies
• Prepare cash flow analysis and partner with Treasury to understand and anticipate liquidity needs and
sources
• Manage direct reports and support their efforts by completing quarterly management reconciliations,
along with quarterly and year-end closings, and presenting them to the Board and CFO
• Served as corporate management subject matter account expert on multiyear finance transformation
project behind new general ledger to reduce monthly close times, increase variance accuracy, and
promote accountability
• Mapped out processes behind financial reporting while identifying benefits and risks for each co-sourcing
step, resulting in an approved list of tasks that can be co-sourced to a third party abroad
• Garnered firm-wide view from years of consolidating and completing quarterly financial results, resulting
in a keen ability to leverage relationships to devise higher quality practices and uncover redundancies
• Partnered with businesses to build a model that improved forecasts and reaped the rewards of accessing
existing best practices to account for critical variables (ex., interest-rate fluctuations, timing alterations)
• Reduced by five days time to deliver reports to the Office of the CIO to enable more thought leadership
• Perform ad-hoc analysis for senior leadership team and provide analysis on key financial drivers
Director - GAAP Accounting
• Oversee quarter and annual close process; profit/loss and balance sheet analysis and inform management
on key drivers
• Prepare consolidated annual GAAP financial statements; partner with business units and corporate to
interpret data and prepare footnotes and analysis
• Consolidate and complete quarterly financial results of ~70 entities that comprise investments business
• Lead a team of senior accountants to produce quarterly financial reconciliations and ad-hoc analysis to
senior management
• Work closely with Finance Controller to deliver key components of quarterly and annual close
• Collaborate with Accounting Policy Division about FASB updates and ramifications of these changes
• Anticipate PWC requests during quarter and year-end closes; ensure department keeps audit trails and
references critical data to provide intelligible footnote documentations often requested by auditors
• Collaborated with IT to automate Accounting Changes Database and incorporate GAAP and STAT
accounting standards thus reducing time to complete closings by 60%+ and increasing work product
quality
• Spearheaded creation and use of template model to populate Consolidated Statement of Cash Flows;
convinced 15 subsidiaries (i.e. investment companies) to use new model thus executing on two year
effort
GENERAL RE, Stamford, CT 1/95 – 1/06
Second Vice President - International Financial Reporting (12/00-1/06)
• Amassed, reported, and analyzed quarterly US GAAP financial statements for wholly owned German
subsidiaries; generated foreign currency report to highlight business impact of forex fluctuations
• Analyzed monthly financials with CFO; fulfilled footnoting documentation needs for Annual Report
2. • Handpicked due to highly meticulous nature to accompany audit team in Australian subsidiary
• Promoted from Assistant Treasurer to First VP for guidance as accounting expert on SAP initiatives
Assistant Treasurer - Financial Reporting (12/97- 12/00)
• Consolidated US GAAP financial statements (and compared to prior years) for all subsidiaries
• Managed general ledger for US subsidiaries and provided financial schedules for executives
Statutory Accountant - Insurance (1/95-12/97)
• Worked through manual process of reporting statistical data to Insurance Services Office; owned
statutory financial statement preparations
MANAGEMENT RESOURCES OF AMERICA, Norwalk, CT 11/92 – 12/94
Accountant - General Accounting
• Promoted from supporting A/R and A/P updates to supervising US financial operations and the
preparation of monthly financial statements for Italian entities
• Managed month-end closings; updated general ledger for food, furniture, apparel, and consumer goods
SIKORSKY AIRCRAFT, Bridgeport, CT 5/92 – 11/92
Junior Financial Analyst - Materials Accounting
• Reconciled inventory transactions related to government contracts and harmonized material costs
EDUCATION
FORDHAM UNIVERSITY - Masters in Business Administration-Accounting, New York, NY 8/00
Sponsored by General Re; Earned GBA Alumni Association Award for top GPA across FT/PT classes: 3.94
QUINNIPIAC UNIVERSITY - Bachelor of Science-Accounting, cum laude Hamden, CT
ADDITIONAL DATA
Proficient in SAP financial applications, Microsoft Office, CAMRA, Crystal Reporting, and Sharepoint;
Founded eight years ago a local book club and continue to lead group of 4+ readers