Erica Lannon

• Develop and implement a centralized accounting group created to ensure acquisitions are recorded according to U.S GAAP while recognizing state specific regulatory impacts and Company policies and practices by implementing streamlined processes, effective communication strategies, and developing and executing plans and performance metrics.
• Facilitate successful cross-functional collaborations by fostering strong working relationships with internal stakeholders (Business Development, Financial Modeling, Integrations, Operations, Engineering, Legal, Finance, Regulatory, Tax, and Internal Reporting).
• Drives continuous improvement to ensure efficiency and effectiveness to establish best practice by hosting post acquisition knowledge share sessions.
• Manage the refinement and maintenance of the accounting/financial policies, practices, internal controls and operating procedures to ensure the integrity of the Company’s internal control structure for Acquisitions and Lease Accounting.
• Manage and motivate employees to be productive and engaged in work by maximizing team agility and performance.
• Assists the Rates team in fulfilling rate case requests and analyses for filing and/or other reporting requirement reports.
• Ensure accuracy of ASC 842 lease accounting, provide quarterly and annual footnote support, and manage audit items.
• Consistent role including promotions beginning April 2020 to current. Senior Accountant (4/2020 - 10/2021), Lead Accountant (10/21 - 11/2022), Manager, Accounting (11/2022 - Current)

• Streamlined the financial reporting process by implementing new accounting software and automating tasks specifically related to Cash Flow support for Utility Plant.
• Managed annual state-specific subsidiary reporting process by establishing assignments and deadlines while working with external audit and internal management through filing.
• Managed Q and K Footnotes related to Utility Plant and Acquisitions.
• Spearheaded a team of interns, providing mentorship and guidance to improve efficiency and accuracy in their work.
• Maintained fixed asset records by coordinating with operations to ensure timely and accurate recording of capital projects and disposals.
• Worked with state operations for opex accruals such as purchased water and sludge removal.
• Reviewed documents and accounts for discrepancies and resolved variances per Company policies and practices.
• Assisted in upgrading and conversion of fixed asset financial system.
• Managed establishment of One Water Street, set up fixed assets, and offsetting Parent Co tax credits.
• Treasury accounting functions for Capital Corp and other intercompany reconciliations.
• Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.

• Managed consolidated SEC financial reporting through diligent preparation and analysis of quarterly and annual reports.
• Generated daily, monthly and quarterly financial statements for executive review.
• Assisted executive management in making informed business decisions with accurate ad-hoc financial analysis as needed.
• Reduced discrepancies in financial data with thorough account reconciliations and adjustments.
• Managed successful audits by collaborating effectively with internal and external auditors.
• Conducted detailed variance analyses to identify areas of improvement in financial performance.
• Led a team of accounting professionals in achieving department goals while fostering a positive work environment.
• Streamlined month-end closing procedures resulting in reduced processing time without compromising accuracy or completeness of the reports generated.
• Coordinated efforts between the accounting team and other departments to ensure accuracy in interdepartmental transactions recording and proper cost allocation.
• Managed banking reconciliations and monthly balance sheet statements.

• Achieved timely financial reporting through diligent preparation and analysis of monthly, quarterly, and annual reports.
• Generated monthly and quarterly financial statements for executive review.
• Prepared cash flow projections, cost analysis and monthly, quarterly, and annual reports.
• Optimized cash flow management through careful analysis of accounts receivable, accounts payable, inventory levels, and working capital requirements.
• Managed budgeting processes to forecast expenses and monitor actual performance against projections for operating and project costs.
• Reduced discrepancies in financial data with thorough account reconciliations and adjustments.
• Managed successful audits by collaborating effectively with external auditors.
• Managed accounts payable team to maintain vendor relationships through timely payments and reduced payment discrepancies with thorough invoice review, analysis, and reconciliation efforts.
• Managed and prepared payroll including gross pay, deductions, garnishments, and union related items for employees and executives.
• Ensured compliance with tax regulations by preparing accurate federal, state, and local tax filings on time.
• Managed banking reconciliations and monthly balance sheet statements.

General accounting roles including journal entries, reconciliations, vendor payments, revenue analytics, and financial statement preparation.