DERICK A. HART
Little Elm,TX
Summary
Accounting Professional with a proven background in improving financial operations and streamlining processes using effective leadership, planning and decision-making abilities. Offering 10 years of experience throughout banking, engineering, retail, manufacturing and gaming industries.
Overview
16
16
years of professional experience
1
1
Certification
Work History
Lead Accountant
Gearbox Entertainment
01.2023 - Current
- Complete full cycle accounting and reporting of parent subsidiary.
- Oversee Gearbox's $600M intercompany balance to provide support in aligning with governing polices, solving complex accounting issues and onboarding newly acquired companies.
- Oversee Gearbox's $500k expense allocation model to ensure accurate project, department, and subsidiary reporting.
- Responsible for writing Gearbox's accounting policy on intercompany transactions and foreign exchange to provide framework for recording Gearbox's intercompany business transactions.
- Work with executive management to review GAAP and IFRS framework to determine correct financial presentation of transactions.
Lead Accountant
Gearbox Entertainment
01.2022 - 12.2022
- Supervise and mentor a team of 3 to complete full cycle accounting functions for Gearbox Studio Quebec (GSQ).
- Review and approve account reconciliations, journal entries and accounts payable payments to ensure GSQ's internal control structure is being maintained.
- Improved GSQ's $1M allocation process to reduce processing by 4 hours.
- Responsible for aligning GSQ's accounting practices with US GAAP.
- Responsible for reconciling and reporting Gearbox's $80M intercompany balance for parent company review.
Senior Accountant
Gearbox Entertainment
01.2020 - 12.2021
- Complete full cycle accounting functions to maintain Gearbox Studio Quebec's (GSQ) financial statements
- Developed GSQ's deferred rent calculation to determine monthly rent for its $4M lease and $5M lease buildout.
- Developed GSQ's payroll accrual process on $1M payroll.
- Developed GSQ's intercompany invoicing process to improve invoicing time by 1 hour
- Led Gearbox's accounting team to two consecutive fiscal years of no audit adjustments.
Senior Accountant
U. S. Anesthesia Partners, USAP
05.2019 - 01.2020
- Reviewed the company's monthly expenses of over 150 vendors to ensure the company's monthly accrual function was maintained
- Responsible for maintaining the company's cost allocation module and cost allocation basis for all locations
- Reviewed system implementation cost to determine “below the line” transactions for senior management reporting.
Senior Accountant
The Crosby Group
08.2017 - 05.2019
- Supervise team of 2 to complete full-cycle accounting functions
- Review financial statements to provide flux analysis.
- Regulated and Improved Canadian distribution spending by 100k year over year
- Established inventory controls to improve the company's returned goods and cross – docking process
- Developed and implemented cycle count processes to track and reduce company's inventory loss by 90k through Q1
- Responsible for implementing Canada's new ERP system (QAD).
Internal Auditor
Advance Auto Parts/CARQUEST
12.2014 - 08.2017
- Performed 60+ financial and compliance audits on company owned stores and warehouses to maximize performance and ensure store entities are operating in accordance with company, state and federal regulations
- Improved collective store sales by $480k by performing consistent compliance audits on company owned stores
- Analyzed financial performance metrics and profit and loss statements to ensure financial statements are presented in accordance to Generally Accepted Accounting Principles
- Observed 30+ annual inventory audits and perform cut-off testing to ensure inventory valuation is recorded in accordance to Generally Accepted Accounting Principles
- Partnered with external auditors to test and review 50+ controls to ensure Sarbanes-Oxley (SOX) compliance
- Audited the company's Dual Point of Sale store process to mitigate an expected $1M loss
- Audited the company's store decommission process to mitigate an expected $2M loss
- Assessed company related risk regarding store and supply chain management to develop and execute audit programs.
Accountant
Advance Auto Parts/CARQUEST
04.2013 - 12.2014
- Performed moderately complex inventory reconciliations through Oracle to ensure inventory cost is correctly reported
- Approved and post journal entries up to $50K to reflect daily adjustments and complete period closings
- Developed and prepared standard variance reports and statements for Regional Directors to view
- Examined documents to verify conformance to pertinent policies, procedures, and accounting standards
- Monitored and review accounting and related system reports for accuracy and completeness.
Accountant
Robert Half International
11.2011 - 04.2013
- Primary placement at Mastec Network Solutions- Public traded company with over $4billion in revenue
- Tracked purchase orders, submittals and packing slips through Oracle to complete 250 project close-outs
- Used macros enabled-Excel workbooks to perform reconciliations on invoices, purchase orders and vendor quotes for project billing and cost/revenue tracking
- Reviewed projects and managed budget margins to ensure cost and revenue budgets were maintained
- Developed grant and cost accounting workbooks to reduce reconciliation time by 4 hours.
Accounting Assistant
Four Oaks Bank
06.2008 - 10.2011
- Used Excel to reconcile and analyze the major Automated Clearing House/External Transfers, Federal Reserve and Credit Card accounts.
- Developed 50% of the manual accounts payable process to reduce processing time by 4 hours
- Responsible for the distribution of weekly supplies throughout 17 branches in 8 counties
Education
Master of Accountancy -
Gardner-Webb University
Boiling Springs, North Carolina05.2015
Bachelor of Science - Accounting
University of Maryland Eastern
Princess Anne, Maryland12.2007
Skills
- Financial Statement Presentation
- Financial Statement Review
- Full Cycle Accounting
- Intercompany Transactions
- Foreign Exchange Analysis
- Process Evaluation and Improvement
Certification
- CPA - Certified Public Accountant - Expected Completion, 2024
Timeline
Lead Accountant
Gearbox Entertainment
01.2023 - Current
Lead Accountant
Gearbox Entertainment
01.2022 - 12.2022
Senior Accountant
Gearbox Entertainment
01.2020 - 12.2021
Senior Accountant
U. S. Anesthesia Partners, USAP
05.2019 - 01.2020
Senior Accountant
The Crosby Group
08.2017 - 05.2019
Internal Auditor
Advance Auto Parts/CARQUEST
12.2014 - 08.2017
Accountant
Advance Auto Parts/CARQUEST
04.2013 - 12.2014
Accountant
Robert Half International
11.2011 - 04.2013
Accounting Assistant
Four Oaks Bank
06.2008 - 10.2011
Master of Accountancy -
Gardner-Webb University
Bachelor of Science - Accounting
University of Maryland Eastern
Similar Profiles
Blake NeeseBlake Neese
Full Stack Software Engineer at Gearbox SolutionsFull Stack Software Engineer at Gearbox Solutions
Haig KeverianHaig Keverian
Head of Marketing at The Gearbox Auto Services LLCHead of Marketing at The Gearbox Auto Services LLC
BASIT DAYANBASIT DAYAN
ACCOUNTANT at BAVARIA AUTOMATIC GEARBOX REPACCOUNTANT at BAVARIA AUTOMATIC GEARBOX REP