BERNEDETTE OFODILE

Director of Finance

19122

PHILADELPHIA, PA

11.2004 - Current

Coordinated with external auditors for the annual audit process.
Developed and maintained short-term and long-term financial plans.
Prepared monthly, quarterly, and annual financial statements including balance sheets, income statements, cash flow statements.
Provided guidance on capital expenditure projects to ensure they meet company objectives.
Assisted senior management in developing strategies for improving overall financial performance of the organization.
Managed budgeting processes for multiple departments or divisions within an organization.
Managed the preparation of monthly, quarterly and annual financial statements in accordance with Generally Accepted Accounting Principles.
Established internal controls by preparing policies and procedures in accordance with Generally Accepted Accounting Principles.
Created reports analyzing current projects' profitability against projected targets.
Evaluated existing systems of control and made recommendations for improvement where necessary.
Reorganized finance and accounting departments to improve efficiency and cut excess spending.
Created and enforced company-wide controls regarding revenue and expenses in concerted effort to protect organization's assets.
Instituted financial policies and procedures that enhanced accuracy, efficiency, and compliance across the organization.
Coordinated with HR on payroll management and benefit fund allocations, ensuring accuracy and compliance.
Assist the CFO in Managed treasury functions, including cash management, investments, and liquidity strategies to optimize financial resources.
Coordinated external audits, ensuring compliance with accounting standards and regulatory requirements.
Negotiated contracts and agreements with vendors, suppliers, and service providers to reduce costs and improve terms.
Oversaw annual budgeting process, ensuring alignment with organizational goals and financial sustainability.
Supervised accounts payable and receivable operations, improving cash flow management and reducing outstanding debts.
Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
Maintained regular performance appraisals for subordinates through verbal, written and on-going review programs.
Analyzed actual financial results to budget, preparing variance reporting to functional groups.
Coordinated preparation of external audit materials and external financial reporting.
Checked payroll, vendor payments and other accounting disbursements for accuracy and compliance.