Desiree Barnes
Houston,TX
Summary
Senior Financial Reporting and Consolidations Accountant with extensive expertise in GAAP and IFRS compliance, financial statement preparation, and multi-entity consolidations. Adept at managing complex accounting processes, improving reporting accuracy, and supporting strategic decision-making through detailed financial analysis. With hands-on experience in SAP, Blackline, and advanced Excel to streamline accounting operations and enhance internal controls across diverse industries, including renewable energy, restaurants, and financial services.
Overview
12
12
years of professional experience
Work History
Senior Financial Reporting/Consolidations Accountant
EDP Renewables North America
Houston, TX
11.2024 - Current
- Lead the preparation and consolidation of financial statements for multiple entities in compliance with GAAP and IFRS.
- Manage end-to-end consolidation processes, including intercompany eliminations, foreign currency adjustments, and equity reconciliations.
- Perform detailed variance analysis on consolidated balance sheets and income statements, providing insights to senior management.
- Collaborate with international accounting teams to align reporting standards, and ensure timely submission of financial data.
- Develop and maintain consolidation reporting tools and templates to improve accuracy and efficiency in financial close processes.
- Support external audit requirements by preparing consolidated financial schedules, and responding to auditor inquiries.
- Partner with the Tax, Treasury, and Asset Management departments to ensure proper accounting treatment and reporting of complex transactions.
Senior Project Accountant
EDP Renewables North America
Houston, TX
01.2020 - 11.2024
- Recorded, classified, and summarized financial transactions for 32 operational projects and 5 under-construction projects in accordance with GAAP and IFRS.
- Analyzed relevant contracts to ensure proper accounting treatment.
- Prepared and reviewed reconciliations to ensure account balances are properly supported.
- Created over 160 projects and fixed assets to capitalize on operational project costs.
- Posted monthly project settlements for over 90 operating and under-construction projects.
- Prepared a monthly balance sheet and income statement variance analysis.
- Developed reports for financial and managerial reporting, forecasting, trending, and results analysis.
- Interpreted financial transactions and events for users who must make economic or business decisions.
- Assisted with the preparation of documents for annual audits.
- Collaborated with internal clients, including Project Controls, Finance, Tax, and Asset Management.
Accounting Analyst
LUBY'S, Inc.
03.2018 - 01.2020
- Analyzed and reconciled over 60 balance sheet accounts, including 16 bank account reconciliations.
- Identified approximately $1,500,000 in transactions not recorded properly on the main operating bank account.
- Prepared and provided supporting documents and schedules for internal and external auditors.
- Reviewed and supported the quarterly and annual SEC Filings 10-Q and 10-K.
- Record over 70 journal entries to account for accruals, amortizations, cost allocations and reserves for each accounting period.
- Performed trend analysis on corporate and 125 store level cost centers to account for periodic accruals.
- Approved and posted over 40 journal entries prepared by another Accounting Analyst per accounting period to ensure entries are properly prepared in a timely manner with proper supporting documentation.
- Collaborated with management, other departments and vendors to identify process enhancements and automation opportunities which resulted in time savings.
- Luby’s is a restaurant company with yearly revenue of $74 million.
Staff Accountant
PRIMEWAY FEDERAL CREDIT UNION
01.2017 - 03.2018
- Performed and analyzed over 60 general ledger and bank reconciliations.
- Monitored accounts payable functions, accruals and expense variances.
- Maintained and recorded 70 general ledger entries.
- Assisted management with month-end duties, projects and audits.
- Processed cash orders for ATMs/ITMs and Retail Center.
- Primeway had eight locations with approximately $519M in assets and $218M in loans.
Billing/Retention Specialist
ANDREW HEBER’S STATE FARM
01.2016 - 01.2017
- Managed accounts receivable, reconciling accounts and collected $96K + monthly in outstanding premiums.
- Ensured compliance with billing and retention policies, minimizing policy cancellations.
- Assisted with Bookkeeping using Quicken software.
- Andrew’s agency produced a total revenue of $4M.
Accounts Payable
PIPELINE SUPPLY & SERVICE
08.2015 - 01.2016
- Analyzed and accurately processed over 150 invoices daily for 2 companies.
- Reconciled over 60 monthly statements to verify vendor accounts and related transactions.
- Communicated with vendors to ensure all payments were processed promptly to minimize order delay.
- Examined purchase orders and inventory receipts to verify transaction accuracy.
- Located primarily in Houston, TX. PSS is a distribution company for multiple industries including but not limited to oil & gas, drilling, mining and power plants. PSS represents over 300 manufacturers.
Accounting Assistant
FRIENDSWOOD DEVELOPMENT
01.2015 - 08.2015
- Utilized JD Edwards to update and retrieve various budget reports pertaining to SG&A for 34 active communities.
- Reconciled the cost codes for General Project Advances.
- Accurately processed over 1,000 invoices monthly and perform other accounts payable functions.
- Prepared a variety of accounts payable reports for Mid-Month A/P close.
- Researched and corrected discrepancies by reconciling vendor statements.
- A division of Lennar Company. Friendswood is a development company producing revenues of $86M and employing approximately 23 staff members.
Staff Accountant
TERRA DIRECTIONAL SERVICES
12.2013 - 01.2015
- Recorded over 40 journal entries and assisted with AR collections.
- Managed the accuracy and timeliness of processing more than 400 invoices weekly.
- Reviewed and validated expenditures prior to being converted into purchase orders in MS Excel.
- Maintained and reconciled general ledger and subsidiary ledger accounts.
- Filed 1099 forms for all vendors for time sensitive income tax procedures.
- Subsidiary of Directional Drilling Company located in Midland, TX. Performing horizontal and directional drilling services.
Education
Master of Business Administration (MBA) - Finance
University of Houston – Downtown
05.2017
Bachelor of Business Administration (BBA) - Accounting
University of Houston
05.2012
Skills
- Financial reporting and consolidations
- GAAP and IFRS compliance
- Month-end close processes
- Balance sheet analysis
- Account reconciliation
- Journal entry management
- Profit and loss analysis
- Audit support services
- ERP and accounting systems expertise
- Process improvement initiatives
- Cross-functional collaboration
- Financial systems implementation
- SAP proficiency
- Microsoft Dynamics GP experience
- Blackline software knowledge
- JD Edwards familiarity
- QuickBooks expertise
- Advanced Excel skills
- LSAMS familiarity
- Peachtree accounting software knowledge
Timeline
Senior Financial Reporting/Consolidations Accountant
EDP Renewables North America
11.2024 - Current
Senior Project Accountant
EDP Renewables North America
01.2020 - 11.2024
Accounting Analyst
LUBY'S, Inc.
03.2018 - 01.2020
Staff Accountant
PRIMEWAY FEDERAL CREDIT UNION
01.2017 - 03.2018
Billing/Retention Specialist
ANDREW HEBER’S STATE FARM
01.2016 - 01.2017
Accounts Payable
PIPELINE SUPPLY & SERVICE
08.2015 - 01.2016
Accounting Assistant
FRIENDSWOOD DEVELOPMENT
01.2015 - 08.2015
Staff Accountant
TERRA DIRECTIONAL SERVICES
12.2013 - 01.2015
Master of Business Administration (MBA) - Finance
University of Houston – Downtown
Bachelor of Business Administration (BBA) - Accounting
University of Houston