Welcome to Utilitarian Financial Consulting Corp

Financial Reporting Process

Improved the efficiency of preparing the GAAP and statutory consolidated financial statements for domestic and international business for life, health and annuity insurance.  Automated the data collection process, restructured and consolidated Excel spreadsheets, included links and cross-check functions for validation and enabled quarterly reconciliation. Technologies used were Hyperion Enterprise, AS400 and Annual Statement 2000.   Result: Preparation and review times were decreased by 60%.