HEIDI J. BOLICK

• Publicly traded global apparel company - Parent company of Calvin Klein and Tommy Hilfiger
• Generate monthly and quarterly financial statements for executive review.
• Research new accounting pronouncement and write Technical Accounting memos.
• Manage month-end close, monthly forecast and annual budget processes for the Corporate balance sheet.
• Timely review of actual results for completeness, accuracy and proper accounting treatment and classification.
• Lead monthly presentation of Corporate Balance Sheet estimate vs previous estimate to Senior Management
• Documentation of significant assumptions for Estimate and Budget.
• Lead annual budget process and analysis by partnering with various teams in Finance including: Corporate Accounting, IT Finance and Logistics.
• Review Accounting Schedules related to ASC 842 Lease Accounting for new leases and modification.
• Provide training to international subsidiaries on lease accounting matters and use of CoStar cloud system for leases.
• Prepare quarterly and annual lease disclosure for 10Q and 10K Reporting for Leases and Retirement Benefits.
• Oversee Corporate fringe allocations related to pension, medical expenses, insurance and workers compensation.
• Review quarterly account reconciliations and deliverables for external audit team.
• Manage the Company's pension and post-retirement accounting, including partnering with actuarial firm to obtain information to support preparation of the annual pension disclosures.
• Facilitate implementation of new Accounting standards, such as Lease Accounting, including testing of new lease software and providing training to Finance teams in Europe, Asia, Brazil and North America.
• Manage cross functional projects, such as the ADP payroll implementation.
• Participate in the Company's annual goodwill and intangible asset impairment testing process.
• Accomplish multiple tasks within established timeframes.
• Manage banking reconciliations and monthly balance sheet statements.
• Manage reconciliations for various areas, such as Payroll, Cash accounts, 401(k) retirement accounts and Pension/Post retirement liabilities.
• Collaborate with other departments to achieve accurate and prompt financial reporting.
• Develop and implement various procedures to improve accounting process.
• Manage and motivate employees to be productive and engaged in work.
• Training, providing guidance to, and development of associates

• Managed the company's consolidated Balance Sheet and Income Statement to be in accordance with GAAP.
• Interpreted new accounting pronouncements and disclosure requirements and determined the impact to the Company.
• Managed quarterly Statement of Comprehensive income and Statement of Changes in Stockholders' Equity for external reporting.
• Managed monthly Statement of Cash Flows Statement and currency translation analysis.
• Managed Intercompany balancing and Eliminations entries.
• Led monthly, quarterly and annual financial closes and completion of the department's monthly responsibilities.
• Led process improvement initiatives with various teams.
• Cultivated positive relationships with finance managers to deliver timely analysis and reporting.
• Evaluated staff performance, provided coaching and monitored workflow to improve employee time management and increase productivity.
• Participated in departmental, divisional and company-wide projects by creating and managing project plans, timelines and budgets.

• Managed financial statements for Emerging Markets and Europe.
• Managed internal reporting, including analysis of actual expenses versus plan, FX gains and losses, and balance sheet fluctuation analysis versus prior year.
• Led monthly conference calls with international finance managers to review variances vs budget in their Income Statement and Balance Sheet.
• Reconciled accounts and completed assigned analysis and functions, including analysis of SG&A and indirect cost of sales.
• Managed monthly review of consolidated balance sheet, including analytics of actuals vs prior periods.
• Participated in process improvement initiatives, such as upgrading the consolidations system from Enterprise to Hyperion Financial Management.
• Participated in the company's quarterly/annual reviews and external audits.
• Led conferences with auditors to discuss new transactions and ensured requests were addressed timely and accurately.

• Developed presentations and reports to inform and educate stakeholders and financial teams on growth possibilities.
• Provided strategic planning advice and financial oversight for corporate stakeholders.
• Tackled both annual and quarterly budget management tasks and developed financial models from benchmarking.
• Led the annual profit plan process for various business units
• Updated detailed reports and analytics of business units performance for Senior Management.
• Updated quarterly Business Unit Profitability Analysis by region for external disclosure in Forms 10Q and 10K and presented results to Senior Management.
• Managed monthly Board of Directors presentation package and supported CFO with ad hoc analysis requests.

• Managed financial statements for Asia and Latin America.
• Created Accounting Memos to document special transactions and related Accounting treatment.
• Led process improvement project to automate the Statement of Cash Flows
• Leveraged guidance from AICPA to create supporting schedules for the FX on Cash line in Statement of Cash Flows
• Reconciled balance sheet and income statement accounts and created documents for monthly closure procedures.
• Completed year-end closing processes with controllers and external auditors.
• Participated in internal and external audit processes to establish accurate financial records and comply with Generally Accepted Accounting Principles and regulatory requirements.
• Led monthly analysis of Other Expenses net, with a focus on drivers of foreign exchange gains or losses. Partnered with Treasury Department to address ways to mitigate FX exposure.

• Monitored Balance Sheet and expense accounts from international subsidiaries to track transactions, analyze variances vs budget and maintain accuracy.
• Prepared and processed journal entries to record in general ledger and maintain consistent documentation.
• Reviewed documents and accounts for discrepancies and resolved variances.
• Executed financial reporting, managing prepaid accounts, schedules, reconciliations, and month-end accruals.
• Partnered with IT Finance team to automate various financial reports leveraging Business Objects Intelligence software.
• Participated in cross functional meetings for process improvement initiatives, such as leveraging Hyperion logic to automate parts of the Cash Flow Statement.
• Presented results to Management in our monthly review meetings of International Subsidiaries variances vs plan.

• Monitored accounts receivable, accounts payable and other account balances to track transactions, avoid discrepancies and maintain accuracy.
• Prepared and processed journal entries to record in general ledger and maintain consistent documentation.
• Executed financial reporting, managing prepaid accounts, schedules, reconciliations, event settlements, and month-end accruals.
• Participated in internal and external audit processes to establish accurate financial records and comply with Generally Accepted Accounting Principles and regulatory requirements.
• Performed reconciliations and controls for the International Affiliate in Canada, including daily and monthly reconciliations of sales, returns, and claims from Cypress mainframe reports to Business Objects and SAP General Ledger system.
• Monthly reconciliation of accounts receivable control accounts and Sales Tax liability.
• Responsible for journalizing accruals, maintaining pooling schedules and roll forward analyses related to customer incentives and shared markdown programs.
• Extracted details of invoices with significant sales tax charges and validated taxability of customers.
• Reconciled sales tax postings to general ledger with reports from Vertex Tax Returns system.
• Led quarterly meetings with Controller to review activity of various Balance Sheet accounts.

• Evaluated client's accounting policies to determine how well standards adhered to best practices. Clients included: BMW of North America, Schiffenhaus Packaging Corp, State of New Jersey, Thyssenkrupp, Sands Hotel & Casino and Wakefern.
• Prepared audit reports and distributed to respective stakeholders.
• Implemented all data into spreadsheets and Forms utilizing Vector (KPMG's Audit system).
• Documented operating practices through research, investigation testing and accounting methodologies.
• Applied auditing procedures and techniques in accordance with General Accepted Auditing Standards for commercial entities and benefit plans.
• Updated audit work-papers, documenting processes of various clients, developed audit programs and procedures for transactions including Sales, AR, Fixed Assets, Liabilities, Payroll and Equity.
• Reviewed and tested various internal accounting controls.
• Verified accounts receivable balances through confirmations or subsequent cash receipts.
• Reviewed inventory procedures and verified physical inventory through observation and test counts. Tested inventory valuation and pricing.
• Reviewed clients' bank reconciliations and ensured that reconciling items were addressed timely.
• Tested fixed asset cost and depreciation, prepaids and deferred charges.
• Reviewed and verified accounts payable, accruals and performed search for unrecorded liabilities.
• Analyzed and verified fluctuations of various balance sheet and income statement accounts and applied analytical review procedures.
• Performed testing of revenue (Sales cut off), review of financial statements, review of significant subsequent events and pertinent legal documents.
• Led interviews with CFO's and management team of companies audited or reviewed and documented processes in business understanding documents.

GPA: 3.97

GPA: 3.95, Summa Cum Laude

GPA: 3.91, GPA: 3.96, Summa Cum Laude