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Vivian Q Wang, CPA

Vivian Q Wang, CPA

Financial System Analyst

Cummins Inc.

Indianapolis, Indiana Area

Self-motivated CPA Candidate with experiences in US GAAP, financial analysis and reporting, information system management (Oracle Financials) and process improvement.

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Cummins Inc.

Financial System Analyst

Optimized process in place to strengthen internal control. Led a project to improve process of financial data gathering to ensure accuracy in key data while reducing time and cost of work.

Assessed risk on monthly reconciliations to improve regulatory compliance.

Tested and implemented one of Enterprise Performance Management (EPM) applications in above 100 business units in North American, India and South Africa. Drove automation of reconciliation process to reduce cost, facilitate financial reporting and enhance SOX compliance.

Drove cross-functional collaboration between finance users and IT teams in two Six Sigma Projects to transform business requirements into system solutions.

Developed timeline of finance system upgrade to ensure no interruption to financial close cutoffs. Coordinated closely with IT team to configure and test new system environment in various scenarios, identifying problems and areas for improvement. Presented system upgrade overview to global finance users to ensure effective execution of upgrade plan.

Interesting view. But isn't paying interest to reserve creating more reserve?

The main reason why quantitative easing has coexisted with price stability in the US is that, since 2008, the Fed has paid interest on commercial banks' excess reserves, which previously would have been lent to businesses and households. That is why...

The inflationary risk of us commercial bank reserves by martin feldstein