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This Week We Feature - Young Professional - Chad A. Maduro

Chad A. Maduro, Senior Audit Manager at Deloitte & Touche
Young Professional, 34 year-old Chad A. Maduro, is a believer that hard work, good physical health, a supportive family and contribution to your community, are crucial components for success in the employment world.

Born in the Virgin Islands, Mr. Maduro is a Senior Audit Manager at Deloitte & Touche British Virgin Islands, a company contributing to the integrity and sustainability of the financial services industry.

The Young Professional has been a Certified Public Accountant since 2001, and his main role is to ensure that his clients' financial statements are not materially misstated. He considers all financial statement components and the risks associated with each, whilst making certain that companies his organisation handles, adhere to certain accounting standards. “If it were U.S financial statements we’re dealing with, it’s making sure the company we’re auditing  stayed in line with accounting principles generally accepted in the United States,” he said, as an example.

The Senior Audit Manager explained the function of Deloitte & Touche: “Essentially, as a professional service firm, we perform audit and assurance, consultancy, tax management and financial advisory services."

He said as Senior Audit Manager, he is more focused on audit engagements. "Most of my clients are international and they need us to sign off on their financial statements. I’m to manage my clients' expectations and organise the team of professionals I have working with me. At any given point, I could be working with a team of maybe 10 – 15 people on one engagement to deliver excellent client service.”

Mr. Maduro continued by telling VINO that it was not until employment after High School that he really received his drive to strive for academic excellence and make his mark in the professional world. “Right after high school, I worked at Deloitte & Touche, and it was here where the light bulb really switched on for me,” he said. “Occupation expectations and that transition from high school to the employment world, highlighted that I had to focus and get myself qualified for the profession I wanted to pursue.”

“My parents are both very hardworking individuals, and at that initial stage in Deloitte & Touche, I was truly able to understand that hard working ethic,” he continued. “It all fit into place, allowing me to mature and see the world from a different perspective. I realised that the world outside the Virgin Islands needs to be explored to get a stronger conception on what life is all about.”

The Deloitte & Touche auditor recalled his days in education that led him to the position he holds now. “I spent two years at Deloitte after high school and then I went to the US for four years of college at Quinnipiac University in Connecticut. There I did a BSCE in Accounting and a Minor in Computer Science,” he said.

The auditor reminisced about advice he received from his father that structured his perspective on professional life. “I remember the first day I started at university, my father slipped me this piece of paper and it said ‘keep the main thing, the main thing’. Interpreted, it meant I’m here at university for my education and that’s got to be my main focus. That teaching has stuck with me throughout my life. Whatever I get into, I think ‘what’s the objective?’ What’s the main thing here?’”

Mr. Maduro continued, discussing the aftermath of university and his role launching out as an auditor. “During the time I was at college, I lined up my next job becoming an auditor at another big accounting firm in New York, and worked there from 1999 to 2007,” he said. “This required some serious hard work and I believe that this experience itself really defined my work ethic in terms of expectations and how to manage yourself in a high-demanding environment.”

The Deloitte & Touche employee explained that his ascension in employment came mainly through maintaining this work ethic of providing maximum effort. “Although it helps to know people and be able to network for employment opportunities, it’s really about you. People noticed me in the U.S, a guy who came from the Virgin Islands, because I was a hard-working individual.”

The Senior Audit Manager expressed his belief that community is extremely important; a significant reason for his hard work and ambition to become a partner at Deloitte. “In the near future, I would like to be a partner in Deloitte & Touche, and from that, build our presence in the community, because locally, nobody really knows about us. To me, community means a lot,” he said. “I wish there were more people interested in my profession to pass on my knowledge to, because I feel it could really improve the Virgin Islands community as a whole.”

Mr. Maduro contributes to the community as a member of the Board of the Chamber of Commerce and Hotel Association, an organization which has as its mission, to promote a positive business and social environment for the benefit of the Territory, while sustaining the unique advantages of the Virgin Islands.

Mr. Maduro, who said he has a very supportive wife and daughter and is motivated to provide for them, ended, “I always think it’s better to have tried and failed then never to have tried at all, because it’s not even failure when you’ve at least attempted something. It’s just a learning experience that you can advance from.”

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