Summary
Overview
Work History
Education
Skills
Professional Development
Timeline
Generic

Monica Guice

Gahanna,OH

Summary

Dynamic financial professional with over 10 years of expertise in managing comprehensive financial operations for state programs. Proven track record in budgeting, forecasting, and cash flow management, complemented by skills in financial modeling and variance analysis. Adept at leading cross-functional teams to enhance operational efficiency while ensuring compliance with regulatory standards. Recognized for streamlining financial processes and optimizing resource allocation to support strategic organizational goals.

Overview

13
13
years of professional experience

Work History

Senior Financial Analyst

State of Ohio
Columbus, OH
07.2015 - Current
  • Lead the development of monthly, quarterly, and annual financial reports, providing insights into revenue, expenses, and profitability trends
  • Manage and optimize the annual budgeting and forecasting process for a portfolio of state-funded programs and initiatives
  • Oversee cash draw management, ensuring sufficient liquidity for state operations and monitoring cash flow to meet financial obligations
  • Conduct comprehensive variance analysis, identifying key cost drivers and recommending strategies for cost optimization
  • Build and maintain financial models to evaluate potential investments, capital projects, and policy changes, enhancing strategic decision-making
  • Partner with department heads and state agencies to assess performance against budget and ensure alignment with state fiscal goals
  • Prepare ad-hoc reports and presentations for senior state officials, influencing key financial and operational decisions
  • Implement process improvements in financial reporting systems, reducing report preparation time
  • Collaborate with internal audit and compliance teams to ensure financial operations align with state policies and regulatory standards
  • Played a pivotal role in identifying cost savings through process optimization initiatives, leading to significant efficiency improvements in state programs
  • Successfully led the financial integration of a new state program, ensuring seamless budget alignment and financial reporting
  • Delivered comprehensive financial analysis that supported an increase in program efficiency and cost-effectiveness over time
  • Effectively managed cash draw cycles to ensure optimal working capital, while meeting program funding requirements

Contribution Supervisor

State of Ohio
Columbus, OH
03.2012 - 07.2015
  • Managed the accounting process for Contribution Tax, overseeing all aspects related to the calculation, collection, and reporting of taxes and contributions
  • Supervised the recording, reconciliation, and tracking of contributions for state programs, ensuring accurate tax reporting in compliance with state laws and regulations
  • Developed, implemented, and maintained comprehensive internal controls for the accounting processes related to the Contribution Tax area, ensuring integrity and compliance
  • Coordinated with external stakeholders, including contributors, financial institutions, and tax authorities, to ensure timely processing and accurate documentation of contributions
  • Led the monthly and annual close process for the Contribution Tax accounts, ensuring that all financial transactions were recorded correctly and financial statements were prepared in a timely manner
  • Performed detailed analyses of contribution-related accounts, including reconciliation of contributions collected, tax calculations, and reporting on variances
  • Prepared and reviewed financial statements related to the Contribution Tax area, including preparing accruals, journal entries, and reports for senior management and regulatory bodies
  • Managed compliance with all tax-related legislation, including tracking legislative changes and adjusting internal policies to reflect new requirements
  • Implemented processes to monitor and report on tax collections and tax liabilities to ensure full compliance with state tax laws
  • Provided training and support to internal teams on policies and procedures regarding Contribution Tax accounting and reporting
  • Worked closely with auditors during annual audits to ensure that all tax-related records and reports were accurate and complete
  • Managed a team of UC Specialists, Examiners, and an Assistant Supervisor, providing daily leadership, guidance, and support
  • Oversaw the performance and professional development of direct reports, ensuring alignment with departmental goals and maintaining a high standard of work
  • Conducted regular performance reviews and provided feedback, coaching, and development opportunities to improve team effectiveness
  • Coordinated team activities and workflows to ensure that all tax-related tasks were completed within deadlines and met quality standards
  • Facilitated team training on the accounting processes, tax compliance, and best practices, ensuring all staff were up-to-date with regulatory changes
  • Acted as the point of contact for resolving escalated issues related to tax compliance, contribution reporting, and internal processes
  • Fostered a collaborative team environment, driving communication between team members and other departments for optimal performance

Education

Bachelor of Science - Accounting

Franklin University
Columbus, OH

Skills

  • Financial Analysis
  • Cash Flow Management
  • Contribution Tax Accounting
  • Team Leadership
  • Financial Modeling
  • ERP Systems
  • Advanced Excel
  • Business Intelligence Tools
  • Financial Forecasting
  • Budgeting
  • Project Management
  • Communication
  • Stakeholder collaboration
  • Process improvement
  • Financial reporting
  • Financial management
  • Stakeholder communication
  • Cash flow management
  • Self-motivated professional
  • General ledger accounting

Professional Development

  • Green Belt Lean Six Sigma
  • Leadership Development Program – [State of Ohio]

Timeline

Senior Financial Analyst

State of Ohio
07.2015 - Current

Contribution Supervisor

State of Ohio
03.2012 - 07.2015

Bachelor of Science - Accounting

Franklin University
Monica Guice