Elena Olzark

Utilized Quickbooks, Paycom, and bill.com to prepare and present accurate, efficient, and compliant financial statements to Executive Director (ED) and Board of Directors (BOD).

Prepared and managed fiscal year budgets for individual grants, consolidated those individual budgets to form $7MM organizational budget.

Developed a cash flow monitoring system to identified potential shortfalls to be addressed in both the near & long-term future.

Assessed individual grants to determine how they were financially impacting SFCC. Identified improper allocation of expenses that resulted in $500K savings to SFCC.

Developed and implemented policies and procedures for billing grants with complex requirements.

Followed up on delinquent payments and facilitated 25% reduction in time to receive payments. This was done by establishing personal relationships with team members in our partner's accounts payable departments.

Retrieved, organized, and provided information requested by external auditors in timely manner. Reviewed final audit reports and presented them to BOD. Was also responsible for responding to audit information requested by individual grants.

Managed daily financial functions in collaboration with accounting and payroll personnel. Completed journal entries, reconciliations, month and year end closing, and ensured compliance with terms of SFCC's grants as well as government agencies.

Identified $300K more in funding available via Employee Retention Tax Credit (ERC). Compiled payroll data to present to external team working to secure additional funding.

Virtual, customer facing role working in fast-paced, ever-changing SaaS environment. Managed over 60 customer service calls monthly. Consistently received five star positive reviews.

Offered full service consultation to SMBs via DIWM (Do It With Me) program. Responsible for all aspects of SMB's Quickbooks experience starting with onboarding and ending with production of accurate financial reports.

Consulted with SMBs & non-profits to strengthen their internal accounting systems.

Daily functions include categorizing transactions, connecting and maintaining bank feeds, reconciling bank accounts, adding fixed assets and associated loans, analyzing payroll and sales tax reports, and producing monthly financial reports.

Maintained high customer satisfaction with forward-thinking strategies focused on addressing customer needs and resolving concerns.

Critical thinking role assessing problems and implementing solutions.
Participated in continuous improvement by generating suggestions, engaging in problem-solving activities to support teamwork.

Founder and CEO of reseller of priority designs B2B to eCommerce
Marketplaces: Wayfair, Amazon, and Overstock.

Established LLC and all financial and operational systems, developed internal management system in QuickBooks and Microsoft Access.

Guided short and long-term financial planning to set and achieve
organizational objectives.

Responsible for reduction in Sales and Marketing expenses by transforming main revenue sources from wholesale trade shows to internet sales - revenue grew 4 times and EBITA 6 times.

Negotiated with overseas manufacturers on product design, pricing, packaging and scheduled shipping windows.

Optimized e-commerce fulfillment strategy to minimize costs while maximizing profits and customer satisfaction.

Developed successful B2B online sales operations from scratch by establishing and following strategic vision, mission and operational plans.

Identified prospect needs and developed appropriate responses along with information on suitable products and services.

Developed and executed strategic initiatives to implement key changes and improvements in business development and sales programs.

Prepared monthly financial statements, budgets, and cash flows for insurance business with more than $10 Million in annual revenue.

Managed implementation team responsible for upgrading ERP & CRM software solutions: oversaw budget, migration of data, user training, and system testing.

Software upgrade increased sales productivity by 25%, forecast accuracy by 32%, and revenue by 38%.

Integral part of task force to increase EBITDA by 15% to position firm for maximum buyout value.

Main contact for external M&A firm hired to conduct pre-close valuation and audit.

Ensured all financial statements adhered to GAAP rules and regulations.

Managed all aspects of payroll and distribution of commissions working directly with ADP Payroll.

Supervised department responsible for all aspects of accounting including client & direct bill receipts, carrier payments, finance agreements, and operating payables.

Director of HR department responsible for employee relations, benefits and compensation, and compliance with current laws and regulations.