Ms. Lovaas’ primary responsibilities include preparing financial statements for special districts, coordinating with auditors, performing arbitrage rebate calculations, reviewing requisitions for bond funds, and supervising staff for efforts related to journal entries, account reconciliations for project bank accounts held with trustees, and other accounting tasks. She has been with MuniCap since January 2018.
Ms. Lovaas graduated cum laude from the University of Maryland with a degree in accounting. She is an active CPA, as well as a CGMA, Chartered Global Management Accountant. Ms. Lovaas is a registered Municipal Advisor (Series 50) and has passed the Municipal Advisor Principal Qualification Examination (Series 54). She is a member of the Maryland Association of Certified Public Accountants (MACPA) and the American Institute of Certified Public Accountants (AICPA).
Ms. Lovaas previously was the Controller for Search Ministries, a non-profit based in Ellicott City, MD, where she was the primary accounting contact for the board, external auditors, and thirty field staff. She also was responsible for the design and implementation of internal controls. In addition, Ms. Lovaas previously held the title of Internal Audit Manager at Giant Food where she planned and supervised audits of retail, distribution, manufacturing, real estate, and construction subsidiaries.