Byron Godfrey
Louisville,CO
Summary
Dedicated and accomplished accounting and finance leader with a Bachelor's degree in Accounting and a Master's in Business Administration. Proven expertise in financial analysis, budget management, and strategic planning, complemented by exceptional leadership and mentorship skills. Adept at driving margin expansion initiatives, optimizing investment spending and recognized for guiding cross-functional teams to achieve growth objectives. Ready to leverage a comprehensive background for driving financial success as an accounting manager.
Overview
9
9
years of professional experience
Work History
Senior Accounting Manager – STAR Asset & Security
Pavion
Chantilly, VA
02.2024 - Current
- Managed the entire month-end close process
- From overseeing revenue recognition, COGS, expense, AR/AP and accruals process
- Accurately analyze, report on and reconcile balance sheet accounts, summarize activity and resolve reconciling differences appropriately
- Offer analysis and report on the income statement results for multiple entities and branches
- Manage cash forecast and balances, initiating wires and internal transfers to appropriately plan for current period cash inflows and outflows
- Analyze and articulate business performance and financial drivers
- Manage annual quarterly external audits
- Key contributor to in migration to new ERP system
- Critically review and accurately record transactions into the general ledger including understanding upstream systems, business processes and required GAAP adjustments
- Analyze and record judgmental reserves and accruals related to obsolete inventory, bonus, commissions, and other business-related entries.
Principal Financial Analyst – FP&A
Blue Canyon Technologies
Lafayette, CO
02.2022 - 01.2024
- Managed multi-million-dollar indirect budgets and rates, ensuring efficient allocation and compliance
- Prepare and maintain dashboards, and develop financial models and sensitivity analysis
- Mentored and led interns and team members, fostering professional growth and collaboration
- Played pivotal role in margin expansion and cost reduction initiatives, contributing to increased profitability
- Various FP&A activities including monthly forecast analysis, unbilled cost analysis, support to AOP and LRP
- Led the successful implementation of SAP ERP system, streamlining processes and improving financial accuracy
- Oversight of investment spending and strategic planning for New Business Investment, Capital Expense, and Internal Research & Development
- Engaged with executive leadership on financial metrics and performance, enabling strategic and informed discussions.
Senior Accountant – Corporate Accounting & Consolidations
Maxar Technologies
Westminster, CO
04.2019 - 02.2022
- Managed and executed accurate monthly mark-to-market valuation of over 300 FX forward contracts and $30M in embedded derivatives, ensuring compliance with regulatory requirements
- Analyzed monthly revaluation of $1B in notional value Interest Rate Swaps, contributing to accurate financial reporting and risk assessment
- Prepared and updated treasury financial statement footnotes for 10-Q’s, and 10-K’s enhancing transparency and financial disclosure
- Led the consolidation of 30+ entities, providing consolidation entries and closing ERP systems
- Conducted comprehensive balance sheet account reconciliations, identifying and addressing discrepancies timely
- Expertly tracked and maintained corporate finance and operating leases in accordance with ASC842, ensuring compliance with lease accounting standards
- Partner with internal/external auditors, supporting audit process and ensuring accurate financial statement presentation
- Implemented and designed the SAP Treasury platform (Kyriba), enhancing efficiency in managing FX trades, monthly mark-to-market, and Interest Rate Swap valuations.
Accounting Analyst II - NSP Commercial Accounting
Xcel Energy
Denver, CO
12.2017 - 04.2019
- Prepare monthly settlements for purchase power and gas pipeline settlements
- Collected and meticulously analyzed financial data to facilitate budgeting, reconciliation and variance reporting
- Identified adverse trends and proactively recommended solutions to mitigate financial impact
- Supported accurate month-end, quarter-end and year-end accounting close-cycles
- Stay up to date with current federal, state and local regulations for internal and external reporting
- Utilized SAP and interfaced with specialized utility accounting software such as Renewable Energy Credits (REC) - Tracker, Settlement (SET) - Tracker and Commodity XL (CXL)
- Responded to data requests from auditors, counterparties and other departments
- Prepared and meticulously classified transactions reported to Federal Energy Regulatory Commission, ensuring compliance with reporting requirements
- Improved desktop procedures by creating efficiencies and reducing clutter and overlap
- Created payment tracking and rate change sheets, reducing late or miscalculated payments.
Staff Accountant – Treasury
Real Capital Solutions
Louisville, CO
12.2014 - 12.2017
- Managed cash inflows and outflows recording entries for loan closings, real-estate loan refinances/acquisitions & dispositions
- Prepared quarterly liquidity and cash summaries, contributing to accurate financial reporting
- Enhance distribution and investment accuracy by developing a comprehensive understanding of waterfall structures
- Calculated Debt Service Coverage Ratios for over 40 bank loans quarterly, ensuring compliance and accurate financial assessment
- Conducted in-depth cash analysis across 400+ bank accounts, identifying trends and implementing strategies to reduce fees
- Maintained large data sets, utilizing Excel functions recognizing trends and providing recommendations
- Successfully reduced month-end close cycle from 20 days to under 5 days, streamlining processes and increasing efficiency
- Collaborated with Bank of America to design and implement Treasury Management Systems, improving cash management process
- Re-engineered cash receipting process reducing volume of checks and improving cash accuracy.
Education
Master of Business Administration (MBA) -
Colorado State University
12.2022
Bachelor of Science - Accounting -
Metropolitan State University of Denver
12.2014
Skills
- Data Transformation
- Power Query
- Microsoft Office Suite
- Ad-hoc financial analysis
- Financial Statement analysis
- Leadership
- Footnote preparation
- SAP
- OneStream
- Consolidated Financial Reporting
- Inter-company analysis
- Reconciliations
- Process Improvement
- Bank Reconciliations
- Multitasking
- Effective Communicator
- Results Driven
- Problem solver
- ERP Implementation
- US GAAP
- SOX (Sarbanes Oxley)
- Budget Management
- Executive Level reporting
- Excellent communicator
- Engaging
- Effective decision maker
- Positive attitude
- Pragmatic
- Closing Expertise
- Financial Statement Review
- General Ledger Reconciliations
- Profit And Loss Tracking
- Cash Flow Analysis
- Financial Forecasting
- Month-End Closing Management
- Payroll Oversight
- Financial Modeling
Timeline
Senior Accounting Manager – STAR Asset & Security
Pavion
02.2024 - Current
Principal Financial Analyst – FP&A
Blue Canyon Technologies
02.2022 - 01.2024
Senior Accountant – Corporate Accounting & Consolidations
Maxar Technologies
04.2019 - 02.2022
Accounting Analyst II - NSP Commercial Accounting
Xcel Energy
12.2017 - 04.2019
Staff Accountant – Treasury
Real Capital Solutions
12.2014 - 12.2017
Master of Business Administration (MBA) -
Colorado State University
Bachelor of Science - Accounting -
Metropolitan State University of Denver
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