(Nov. 9, 2017) Ocean Pines, Worcester County’s largest residential community, has named its new director of finance.
Steve Phillips, a 19-year finance and accounting veteran, will be responsible for Ocean Pines Association’s budgeting, forecasting and accounting practices, maintenance of its fiscal records, and the preparation and interpretation of financial reports, effective Monday, Jan. 8.
Phillips most recently served as senior associate vice president for finance and operations for Harford Community College in Churchville, Maryland.
For the past eight years, Phillips had the responsibilities of controller for Harford Community College, which operates a $50 million budget. He also has had the responsibility for operations, procurement and public safety at the community college. Campus operations included capital projects, facilities maintenance, grounds maintenance, events management and housekeeping.
While with the college, he helped with the development of Screech (a financial web-based portal), the implementation of control/performance audits, oversaw the annual financial audit, and created a new cancellation process for nonpayment.
He is a member of the Maryland Association of Community College Business Officers.
His previous work experience included managing and improving headquarters and staff financial planning and analysis processes for a chief administrative officer’s group, including monthly updates, quarterly operation reviews, five-year business plans, quarterly forecasts and ad-hoc requests.
Phillips also brings with him knowledge of preparing financial statements in accordance with the Government Accounting Standards Board, developing models and performing analytics on pricing and marketing programs, and making investment decisions in an effort to maximize profits.
Phillips had held his licensure as a certified public accountant and received a bachelor’s degree in accounting from Loyola University and master’s degree in finance from Johns Hopkins University.