FRANKLIN HERNANDEZ

Budget Management:

• Develop and manage project budgets, ensuring alignment with project goals and timelines.
• Perform regular budget reviews and adjustments based on project changes or developments.

Expense Tracking:

• Monitor and track all project-related expenses, ensuring they remain within budget.
• Implement cost-control measures and analyze variances between actual and budgeted costs.

Financial Reporting:

• Prepare detailed financial reports, including profit and loss statements, balance sheets, and cash flow projections.
• Analyze financial data to assess project performance and provide insights for decision-making.

Collaboration with Project Managers:

• Work closely with project managers to understand project scope, timelines, and financial implications.
• Provide guidance on financial best practices and compliance with company policies.

Proposal and Estimation Support:

• Assist in the preparation of project proposals, including financial forecasts and cost estimates.
• Evaluate the financial viability of potential projects and provide recommendations.

Auditing and Compliance:

• Conduct regular audits of project accounts to ensure accuracy and compliance with financial regulations.
• Prepare documentation for internal and external audits and respond to audit inquiries.

Billing and Invoicing:

• Facilitate the billing process, ensuring timely and accurate invoicing of clients based on project milestones.
• Manage accounts receivable to ensure prompt payments and follow up on outstanding invoices.

Record Keeping:

• Maintain comprehensive records of all financial transactions related to projects, including contracts, invoices, and receipts.
• Ensure data integrity and accuracy in financial databases and accounting software.

Research and Compliance:

• Stay informed about industry trends, financial regulations, and accounting standards relevant to project accounting.
• Ensure compliance with local, state, and federal financial regulations.

Managed a team of 7 accounting specialists responsible for accounts payable, accounts receivable, and liquidations. Developed and implemented various procedures to improve accounting process. Collaborated with C-level executives and shareholders to analyze financial data to support business decisions and develop long-term financial plans.

• Responsible for preparing internal and regulatory financial reports, balance sheets and income statements
• Prepared cash flow projections, cost analysis and monthly/quarterly/annual reports. Weekly review of Cash Availability and banking activity to plan weekly cash flow
• Monitored budget allocation and expenditures to enforce compliance with company policies
• Conducted internal audits to verify accuracy and compliance with applicable standards
• Implemented cost control procedures and cost management processes, saving over $1M
• Collaborated with IT Department to improve the accounting system

• Supported the accounting department by preparing journal entries and accruals for month/quarter/year end process
• Performed monthly reconciliation of balance sheet accounts, budget, and forecast review
• Monitored and managed revenue recognition
• Prepared and filed monthly sales tax for the state of Florida
• Prepared and filed yearly tangible returns
• Formulated applicable financial reports in conjunction with corporate deadlines and intercompany journal entries
• Performed special financial projects as requested by upper management and administrative personnel
• Assisted in monitoring key performance and maintaining compliance with internal controls
• Accounts Payable: Registered and verified new vendors to ensure W-9 compliance and Sunbiz verification
• Cash Disbursements: Supervised distribution of cash to appropriate personnel throughout events
• Accounts Receivable: Responsible for managing and reducing all past due customer accounts, including coordinating collections and Dun and Bradstreet verification
• Cash Receipts: Ensured controls were in place to maintain a high level of security during cash operations
• Payroll: Supervised and approved all departments' payroll entries.

• Provided administrative support and bookkeeping functions
• Composed effective accounting reports summarizing accounts payable data
• Prepared monthly cost reports while compiling financial statement, budget, and financial forecast documents
• Reconciled discrepancies between accounts receivable general ledger accounts and accounts receivable trial balance accounts
• Increased efficiency portfolio by 85% in two years and decreased lost inventory by 20% by creating and implementing an asset tracking procedure
• Created daily, weekly, and monthly cash reports for management
• Performed bank account reconciliations
• Performed monthly fixed assets reconciliations
• Monitored customer past due payments
• Ensured controls were in placed to maintain a high level of efficiency for portfolios
• Verified and approved contract for new customers
• Responsible for filling Federal and State Unemployment tax returns
• Filed sales tax returns
• Elaborated and filed tangible returns
• Responsible for reporting 1099's.