1. Professional Experience
Proven achiever with audit team supervisory background and broad experience in
IT/financial/operational auditing and financial analysis, brings hands-on programming
experience, networking knowledge, and an understanding of accounting and auditing
theory tothe job. Expert in developing “year one”Sarbanes Oxley documentation, as well
as process flows and narratives for regular process analysis. Highly knowledgeable in
development of risk analysis for both internal audit andSarbanes Oxley purposes. Skilled
at the developmentof audit programs and in audit testing. Advanceduser of ACL, Excel,
and SQL for data extraction and analysis. Skilled Communicator, able to build strong
working relationships with coworkers, clients, and executive level management.
Principal Areas of Practice
Ellen R. Shaffer, CPA, CISA provides clients with expertise in Internal Audit, Risk
Assessment, Software Development, Financial Analysis and Sarbanes Oxley 404
Compliance.
Major Projects
Insurance/ Information Technology – Audit & Compliance
 Performed SOX testing to validate internal testing & support the efforts of the External
Auditors
 Ensured functional and accurate Operational Audits fostering improved procedures and
greater profitability through the delivery of expert data sampling employing advanced ACL
skills
 Bolstered Audit Department credibility through mastery of SQL to extract audit populations
from raw data
 Supported Audit Department through ability to w ork with and interpret data maintained in
large or complex databases
 Improved control procedures and ensured favorable external audits through risk analysis
during audits identifying potential threats or w eaknesses and providing expert
recommendations for remediation
 Led IT systems audit review s, as wellas, operationalaudit review sof company processes
 Subject matter expert regarding data mining and statistical sampling for all team audits
 Determined specific parameters for data populations and accurately extracted data from
large databases to smaller files used in audits
 Key participation in team audits of PEO Organization and Managed Care Subsidiary, as well
as review of Regional Operations in underw riting, claims, loss control and premium audit
areas
Insurance/Information Technology – Financial Analysis
 Facilitated reduction of IT Operating Expenses by $2M through constant communication with
department managers regarding Expense / Budget ratios employing advanced Excel 2007
to distribute w eekly financialreportskeeping allmanagement abreast of expensesin relation
to budget
 Spearheaded 11 managers in audit and accounting activities including forecasting IT
department expenses, directing year-end budgeting, first year JSOX compliance/audit tasks,
data reconciliations, and security review s/audits
 Balanced and reconciled supporting books and IT records monthly to general ledger,
including determination of accounting treatment of purchases
 Guided $28M - $30M budgets through w eekly publishing of financial reports
Private Equity – Sarbanes Oxley Consulting
 Created “year-one” SOX documentation, including process narratives, process flow charts,
and risk control matrices of IT Security, IT Operations, and Change Control processes
Telecommunications – Sarbanes Oxley Consulting
 Performed SOX testing in the areas of Mainframe Security (MVS/ACF2), Window s 2003
Security (both Domain and Application), Job Scheduling Operations and Change Control
processes
Financial Services – IT Audit Consulting
 Performed extensive audit of DB2 Security w ith analysis using TopSecret
Reinsurance – ACL Programming Consulting
 Used extensive ACL skills to program an application w hich slashed reconciliation time and
increased efficiency for client in the area of Cash Suspense Reconciliation
Ellen R. Shaffer, CPA, CISA
Consultant
(512)507-0062
ersiw@earthlink.net
Areas of Practice
 Internal Audit Team Supervision
 Information Technology Auditing
 Financial/Operational Auditing
 Financial Analysis
 Programming and Program Code
Analysis
 Internal Control Systems Analysis
 Process Flow Analysis/Improvement
 Segregation of Duties Evaluation
 Budgeting & Forecasting
 Sarbanes Oxley 404 Compliance
 COSO Internal Control Framew ork
 Risk Assessment/Analysis
 Expense Control
 Change Management Consulting
 Accounts Payable/Receivable
 Cost/Benefit Analysis
 Strategic Planning Policy Development
 Softw are Development
 QA/Testing
 Technical Writing
 Database Analysis & Extraction
 Advanced use of ACL, Excel, & SQL
Industry Lines
 Small & Medium Sized Business
 Insurance/Reinsurance
 Private Equity
 Telecommunications
Computer Applications/Languages
 Microsoft Office 2010/2013
 Microsoft Access
 Microsoft Visio
 Quick Books 2016
 SAP
 ACL
 SQL
 Window s Server 2003/2000/NT
 TeamMate
Education/Qualifications
 BA – Communication Sciences, Montclair
University, Upper Montclair, NJ
 MBA – ProfessionalAccounting, Rutgers
University, New ark, NJ
 AA – Computer Science – Programming
Option, Sussex County Community
College, New ton, NJ
 Diploma – Computer Programming, The
Chubb Institute, Parsippany, NJ
 Diploma – Netw orkAdministration, The
Chubb Institute, Parsippany, NJ
Memberships
 Texas Society of CPAs
 New Jersey Society of CPAs
 Association of Certified Fraud Examiners
 American Mensa Society
Ellen R. Shaffer, CPA, CISA
cisa