Deborah L. Thomas
Sam’s Xpress Car Wash
Monroe,USA
1
Certification
11
years of professional experience
Experienced with managing fixed asset accounts and ensuring accurate reporting. Utilizes asset tracking systems and reconciliations to maintain up-to-date records. Knowledge of asset depreciation methods and financial compliance requirements.
Work History
Fixed Asset Accountant
3 Years 5 Months- Responsible for Management of Fixed Asset and recommendation for set-up of approval workflow fixed assets.
- Tracked construction projects to ensure timely completion and compliance with specifications.
- Depreciation & Amortization
- Calculate & reconcile AROs
- Assist with month-end closing, audit & tax inquiries
- Intangible Asset roll forward
- Reconcile & invoice CAM
- Property Taxes, Accruals & True Ups
- Filed state sales, zero file, and use taxes
- Assisted with month-end closing procedures, addressing audit and tax inquiries.
- Developed policies for asset capitalization and depreciation methodologies.
- Streamlined asset tracking systems, improving efficiency in financial documentation.
- Managed fixed asset accounting processes to ensure accurate financial reporting.
- Analyzed discrepancies in asset records, implementing corrective actions to resolve issues.
- Ensured accurate recordkeeping by updating the fixed asset register with changes in cost, accumulated depreciation, net book value, and useful life estimates as needed.
- Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
- Provided journal entries and performed accounting on accrual basis.
- Prepared working papers, reports and supporting documentation for audit findings.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
- Simplified complex transactions involving acquisitions or disposals of fixed assets through clear documentation and communication with relevant stakeholders.
- Collaborated with IT department to implement a robust fixed asset management software solution that increased efficiency in tracking and reporting on company assets.
- Maintained an organized filing system for all fixed asset-related documents, allowing for easy retrieval during audits or internal reviews.
- Improved reporting efficiency by preparing timely and accurate monthly depreciation entries for all fixed assets.
- Enhanced financial accuracy by reconciling fixed asset subsidiary ledgers to the general ledger on a monthly basis.
- Supported budgeting efforts by providing detailed reports on fixed asset additions, disposals, and transfers.
- Reconciled accounts and reviewed expense data, net worth, and assets.
Senior Staff Accountant
2 Years 8 Months- Analyzed contracts for maintenance, support, and subscription, monitored contract timelines, and prepared monthly invoices to ensure timely billing
- Balance Sheet Reconciliation
- Cash Flow Projection
- Managed fixed assets by tracking acquisitions and disposals for accurate reporting.
- Revenue reconciliations including project revenue
- Contract analysis for Maintenance, Support, and Subscription, monitor beginning and end of contract periods, and prepare monthly invoices
- Accounts Receivable
- Create customer billing and distribute
- Work with customers on aging receivables
- Complete electronic vendor payments
- Payroll Reconciliation and G/L Posting
- Collaborated with customers on aging receivables to facilitate timely payments and maintain cash flow
- Assist with year-end audit process
- Prepared financial analysis reports to support decision-making and strategic planning
- Fixed Assets
- Inventory reconciliation in Epicor
Fixed Asset Accountant
3 Months- Managed month-end close for fixed assets and prepaid using Syspro while asset accountant on maternity leave.
- Executed month-end close process for fixed assets and prepaid accounts
- Prepare general ledger entries for fixed assets depreciation, disposals, revaluations, prepaid, payroll & employee expenses
- Approve and prepare general ledger entries for employee expenses
- Record fixed asset acquisitions and dispositions
- Monitored and documented the status of existing fixed assets
- Reconcile the balance in the accounting general ledger to the fixed asset reports
- Sent out monthly reports for month-end close to company sites regarding fixed assets.
- Reviewed amounts capitalized or expensed as fixed assets according to the company capitalization policy.
- Contributed to ad-hoc projects related to fixed assets that had a financial impact on the company.
Fixed Asset Accountant
- Set up a reconciliation process for fixed assets, developed a numbering system for purchase orders company-wide, and documented prepaid expenses.
- Ensured accurate payroll processing through ADP updates.
- Managed fixed asset accounting processes, ensuring compliance with internal policies and external regulations.
- Implemented asset tracking system, improving accuracy of capital expenditures and depreciation calculations.
Inventory Control Accountant
3 Months- Managed month-end closing activities, balance sheet accounts, and variance analysis using Lawson, Excel, EDW, and SQL.
- Managed various monthly accounting close tasks and general ledger entries using Trintech.
- Reconciled balance sheet accounts, ensuring accuracy and completeness.
- Managed inventory control processes to ensure accurate financial reporting.
- Verified and analyzed accounts payable using SQL and EDW to support financial integrity.
- Accounts Payable verification and analysis using SQL and EDW.
- Performed data mining and analysis to extract valuable insights.
Senior Accountant
3 Months- Executed month-end closing activities, reconciled general ledger and balance sheet accounts, and conducted variance analysis while filling in for the Senior Accountant. Utilized Excel and SAP.
- Ensure balance sheet and intercompany (Off-Ledger Subsidiaries and International) reconciliations are timely and accurate.
- Executed a variety of monthly accounting close tasks.
- Reviewed monthly working capital analysis for accounts
- Finalized timely and accurate balance sheet and intercompany reconciliations for Off-Ledger Subsidiaries and International.
- Coordinated with Off-ledger subsidiaries to review monthly balance sheets, upload monthly results, and provide weekly extracts.
Senior Accountant
9 Months- Managed month-end closings, daily reconciliations, monthly reconciliations, and the transition to SAP.
- Assisted with daily reconciliations and month-end closing to ensure accurate financial reporting.
- Facilitated preparation of monthly and quarterly financial reporting packages to support decision-making.
- Apply the Revenue Recognition Standard (IFRS15) to Project Revenue
- Initiated process improvements for month-end closing during SAP transition to streamline workflows.
- Reconcile Fixed Assets ledger
- Analyze all accruals and prepaid accounts
- Maintain the Intercompany reconciliation system
- Support AR Billing as well as perform Revenue and Cost Analysis
- Assist the tax department in preparing the Tax Schedules
- Assisted in preparing Standard Operating Procedures and conducted training sessions.
- Work as a team to fill knowledge gaps and cross train/backup as needed
Lead Expense Accountant
1 Year 4 Months- Performed accounting duties during the transition of responsibilities to the New York Office.
- Reported and analyzed expenses, reviewed financial data, and conducted variance analysis.
- Review and reconcile general ledger, quarterly financial reports for legal entities
- Collaborate with the Financial Control teams to provide explanations on expense variations for IFRS and STAT financials
- Identify process improvements and procedures to attest accurate expense accounting and reporting.
- Collaborated with Financial Control teams to explain expense variations for IFRS and STAT financials, ensuring compliance.
- Analyzing accounting records and financial reports to assess accuracy, completeness, and conform to reporting and procedural standards
- Supported departments by fulfilling ad hoc requests for expense information
- Assemble departmental financial data to submit to department leaders
- Utilized SAP FICO and MS Excel
- Employed SAP FICO and MS Excel for financial data analysis
Financial Analyst
9 Months- Responsible for performing financial analysis for Generator manufacturing related capital expenditure business cases and coordinating related data collection/reporting activities
- Consolidate budgets and track actuals/forecast development e.g., IT costs and fixed assets
- Consolidate management reports with attention to accuracy, completeness of information and timeliness
- Support the preparation of various financial reports; compiling and reviewing financial plans and budgets
- Utilized SAP FICO, MS Excel/Word/PowerPoint., SharePoint
General Accountant
1 Year- Handled Accounting Manager duties for the US shared services center during the Accounting Manager's leave.
- Completed Month-end closing, and Journal Entries
- Conducted financial statement analysis to support decision-making.
- Reconciled accounts payable and opened accounting periods for processing.
- Reconcile Accounts Receivable and open accounting periods for processing
- Prepare Balance Sheet Reconciliation
- Conducted data mining and analysis to identify trends and insights.
- Reviewed expense report for accuracy and compliance with company policies.
- Utilized Hyperion, Epicor, FRX, ExpenSABLE and MS Excel
Education
B.S. - Business Administration (Emphasis in Accounting)
Masters of Science - Accounting
Skills
Oracle applications
PeopleSoft accounting
Financial Reporting
Asset Valuation
Hyperion
FRX
Fixed Asset Management
SAP
Sage
Concur
Financial Reconciliation
Office suite proficiency
Expense Reporting
Accounting Software
Certification
- OSHA 10 hr Course Certification
- ISO 9001 Internal Auditor
- Project Negotiations and Vendor Management
- Central Piedmont Corporate & Continuing Education
Timeline
Fixed Asset Accountant
Sam’s Xpress Car Wash
02.2023 - CurrentRead More
Senior Staff Accountant
Nascent Technology, Charlotte, NC
06.2020 - 02.2023Read More
Fixed Asset Accountant
Bakkavor, Charlotte, NC (Accounting Principles – Time Specific Contract)
02.2020 - 05.2020Read More
Fixed Asset Accountant
King Machine of Charlotte (Randstad – Temporary Assignment)
12.2019 - 12.2019Read More
Inventory Control Accountant
Belk, Charlotte, NC (Talent Bridge – Time Specific Contract)
07.2019 - 10.2019Read More
Senior Accountant
Compass Group, Charlotte, NC (Talent Bridge – Time Specific Contract)
03.2019 - 06.2019Read More
Senior Accountant
Chicago Pneumatic, Rock Hill, SC (Fairview Group – Time Specific Contract)
05.2018 - 02.2019Read More
Lead Expense Accountant
SCOR Charlotte, NC (The Select Group – Time Specific Contract)
09.2016 - 01.2018Read More
Financial Analyst
Siemens, Charlotte, NC (InfoSoft – Time Specific Contract)
12.2015 - 09.2016Read More
General Accountant
Camso, Charlotte, NC (People Source – Time Limited Contract)
05.2015 - 05.2016Read More
University of Phoenix
Masters of Science from Accounting
Read More
South Carolina State University
B.S. from Business Administration (Emphasis in Accounting)
Read More