Demba Sowe

Demba Sowe, CPA has over 20 years of work experience in the finance and accounting field. Demba started their career at Allstate in 1999, where they worked as an Accountant and later as a Senior Accountant & Accountant in the Enterprise Consolidations team. In these roles, they were responsible for reviewing journal entries, conducting balance sheet and expense analysis, and preparing financial schedules.

In 2004, Demba was promoted to Accounting Supervisor & Senior Accountant in the Life Insurance segment at Allstate. Here, they supervised a team of 4 staff members and handled tasks such as equity roll-forward, FAS115 Shadow DAC, premium deficiency reserves adjustments, cash flow statement, and GAAP to NAIC statutory reconciliation.

In 2007, Demba was again promoted to Accounting Manager, where they managed a team of 13 employees responsible for NAIC and GAAP investment reporting. Demba oversaw the preparation of schedules and footnote disclosures, implemented new accounting pronouncements, and provided audit oversight. During the global financial crisis, they successfully led a report simplification project that reduced the number of investment schedules by 50%.

In 2015, Demba joined Akorn, Inc as a Manager, Financial Reporting. Demba managed the workflow of the Financial Reporting team during the quarterly reporting cycle, improved the quality and timeliness of SEC filings, and implemented a new accounting platform (Workiva/Wdesk) to enhance efficiency. Demba also performed SOX controls reviews and assessed and implemented new accounting pronouncements.

In 2016, Demba was promoted to the role of Director, Financial Reporting at Akorn, Inc. In this position, they had overall responsibility for SEC reporting processes and oversight of the SOX program. Demba supervised a team of 2 staff members and ensured the accuracy and compliance of all financial reports.

Throughout their career, Demba has demonstrated strong leadership skills, a deep understanding of accounting principles, and a commitment to improving processes and efficiency within financial reporting teams.

Demba Sowe, CPA, obtained a Bachelor of Science (BS) degree in Accounting from Northeastern Illinois University in 1998. Demba then obtained their Certified Public Accountant (CPA) certification from the State of Illinois - Department of Financial and Professional Regulation in the year 2000. No specific information is available about the month in which they obtained their CPA certification.