Cherlynn Luoma
Bloomington,MN
Summary
Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.
Overview
15
15
years of professional experience
Work History
Controller
Harry Brown’s Automotive
10.2023 - Current
- Create synergy and lead a team of 4 with focus on training and learning
- Oversee all financial information including financial statement preparation and submission for 5 businesses
- Chrysler, Chevrolet, Ram dealership, ABRA autobody franchise, Faribault Tire Goodyear, and Mn Commercial Finance leasing
- Automate processes such as AP automation, Axel platform to combine 5 companies’ data into a single source for reporting, Credit Card Processing pushed to customers to save $84K annually.
Division Controller
Primeflight
01.2023 - 08.2023
- Preparation of 86 P&L for monthly consolidation reporting – Ground Support Division
- Mentor Shop leaders in P&L understanding and managing to budget
- Manage accounting process, JE’s, develop financial reporting, budgeting.
Assistant Controller
ComputeNorth
01.2022 - 01.2023
- Manage shared services: accounts payable and accounts receivables for 8 entities
- Hired and trained shared services accounting team and created SOP’s for accounting operations
- Implemented aggressive AR collection policy reducing AR from $6M to under $1K consistently
- Manage cash transactions within 21 bank accounts
- Implemented Bill.com and Ramp credit card programs
- Engaged by large CPA firm to assist with wind down of fiscal operations, was final accounting employee
- Worked with law firm, CPA firm to for disposition of assets and payments to debtors and shareholders.
Financial Analyst
Defibrillation Solutions Division, Medtronic US
07.2021 - 12.2021
- Preparation of monthly and quarterly reporting packages for 5 R&D Teams/Projects
- Communicate and provide monthly and quarterly LBE’s (last best estimate) for forecasting
- Prepare 10Q forecast and FY22 Enrich modeling for R&D projects.
Director of Property Accounting
Cooper Street Capital US
01.2020 - 01.2021
- Oversee preparation of monthly, quarterly, and annual investor reporting packages for 43 properties
- Establish and maintain accounting practices
- Primary liaison for external auditors, tax returns for 43 properties
- Manage AP, AR, GL and 4 property accountants
- Oversee the draw and construction rehab process to meet green initiatives
- Manage cash for all entities
- Maintain Property Accounting Software Entrata.
Controller
Goodman Tile and Stone US
01.2018 - 01.2020
- Manage accounting process, create financial statements, budgeting, develop reporting
- Develop dashboards and create metrics
- Report and analyze actual to forecast and plan on all construction jobs
- KPI development and reporting.
Global Analyst IV
Commscope US
01.2015 - 01.2018
- Maintains, prepares, and develops reports for factory variances including labor, scrap, VOH and FOH for CCS segment
- Develop variance dashboards and associate metrics
- Report and analyze actual to forecast and plan
- Coordinate required forecasts and annual plans for CCS Mfg variances
- Provide decision support to the CCS manufacturing organization
- Consolidates, forecasts and report Facility costs for all factory and sales offices including annual allocation plan
- Period Cogs Reporting as needed, Hot List Reporting for management, E&O Reporting for Inventory
- Preparation of PLR/QBR slide decks for leadership teams
- Ad hoc reporting as needed for Ops leaders, Manufacturing plants, others.
Senior Financial Analyst
World Fuel Services US
01.2012 - 01.2015
- Prepare Monthly and YTD Segment Line of Sight P&L – 16 Segments- for Senior Leadership
- Establishing and maintaining internal controls, provide direction and process improvement ideas
- CXL Derivative system reconciliation to Line of Business Corp Reporting
- Serve as liaison with Commercial Ops teams, work closely with Crop Finance in Miami FL
- Contract Management
- Prepare Revenue and COS accruals for Land segment, RINS, RVO allocation, In Transit, Leases
- Daily Ad Hoc Reporting related to multiple Lines of Business
- Serving as liaison to external auditors for Land Division.
Assistant Controller
Smartrac Technology US
01.2010 - 01.2012
- Prepare and Consolidate financial statements
- Establishing and maintaining internal controls
- Serving as liaison to external auditors
- Streamlined month end close process, implement HFM data uploads and Access reports reducing close from 10 days to 3
- Cash and Corporate reporting to foreign corporate office
- Serving as liaison for sister entities in Thailand, Singapore, Malaysia, Germany including intercompany confirmations
- Managing all aspects of the general ledger and assist with budget process.
Education
MBA - Accounting
Western Governors University
Utah 09.2021
Skills
- Teamwork and Collaboration
- Problem-Solving
- Attention to Detail
- Flexible and Adaptable
- Excellent Communication
- Critical Thinking
- Organizational Skills
- Decision-Making
- Calm Under Pressure
Industrylines
- Construction
- Fuel Supply
- Manufacturing
- Distribution
- Service Industry
- Property Management
- Cryptocurrency
- Software Developer
- Printing
- Startups
- Venture Funded Companies
- Auto Dealership
Computerapplications
- HFM
- Oracle
- SAP
- GL Wand
- Sage Intacct
- AS400
- CCAS
- JD Edwards
- MAS90
- Ceridian Source 550
- ADP Windows
- Busines Objects
- Crystal Reports
- MS Access
- MS Excel
- Timberline
- Hyperion
- Macola
- Ramp Credit Card
- Avalera
- Quickbooks
- Bill.com
- Zenefits
- Realpage/Onesite
Affiliations
Institute of Management Accountants
Educationqualifications
- B.A. Accounting, College of Saint Benedict
- Certified Management Accountant
- Masters Business Administration WGU
Areasofpractice
- Controller
- Assistant Controller
- Financial Analysis
- Budget Preparation
- Financial Reporting
- Internal Audit
- Payroll Management
- Cost Accounting
- Revenue Recognition
- Fixed Asset Inventory
- Shared Services Manager
- Bankruptcy Experience
- Dissolution of Business Experience
Timeline
Controller
Harry Brown’s Automotive
10.2023 - Current
Division Controller
Primeflight
01.2023 - 08.2023
Assistant Controller
ComputeNorth
01.2022 - 01.2023
Financial Analyst
Defibrillation Solutions Division, Medtronic US
07.2021 - 12.2021
Director of Property Accounting
Cooper Street Capital US
01.2020 - 01.2021
Controller
Goodman Tile and Stone US
01.2018 - 01.2020
Global Analyst IV
Commscope US
01.2015 - 01.2018
Senior Financial Analyst
World Fuel Services US
01.2012 - 01.2015
Assistant Controller
Smartrac Technology US
01.2010 - 01.2012
MBA - Accounting
Western Governors University
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