IRENE A. LOVETT
East Norriton,PA
Summary
Highly experienced Accounting Specialist with a strong background in the insurance and nonprofit sectors. Demonstrates expertise in financial software such as SAP, Excel, and QuickBooks, alongside a proven track record of leading teams towards enhanced financial reporting accuracy and efficiency. Skilled in improving processes and ensuring compliance with financial regulations.
Overview
16
16
years of professional experience
1
1
Certification
Work History
Senior Accounting Specialist II (Team Lead)
TMNA Services/Philadelphia Insurance Companies
Bala Cynwyd, PA
01.2022 - Current
- Lead a team to ensure accurate and timely accounts payable records under the Accounts Payable Manager's supervision
- Manage processing of vendor invoices, purchase orders, and transactions for 100 offices nationwide
- Oversaw the issuance of company credit cards and managed processing of checks, wires, ACH, and virtual payables
- Provide guidance on expense coding and interface with other departments to resolve vendor disputes
- Performed month-end account analysis, prepared journal entries, and supported financial reporting requirements
- Maintain vendor files in SAP/Concur, implement internal controls, and assist in annual audits
- Commitment to meeting financial reporting deadlines and serve as a backup to other accounting personnel
- Key Achievements: Enhanced accuracy and efficiency in the accounts payable process
- Improved internal controls and compliance with GAAP.
Senior Accounting Specialist I
TMNA Services/Philadelphia Insurance Companies
Bala Cynwyd, PA
01.2018 - 01.2022
- Adhered to company accounting practices, ensuring accurate and timely completion of accounts payable records for 64 offices nationwide
- Reconciled company issued credit card statements, processed payment checks, and assisted with expense coding and budget allocation
- Conducted account analysis for month end, provided journal entries for accruals, and fulfilled financial analysis and reporting requests
- Maintained vendor files in SAP/Concur and upheld internal controls
- Assisted in annual audits by providing accounts payable documentation
- Key Achievements: Assisted on a team with implementation of month end closing system Blackline
- Successfully managed accounts payable functions, contributing to accurate financial reporting
- Supported audit processes, ensuring compliance and accuracy.
Accounting Specialist
TMNA Services/Philadelphia Insurance Companies
Bala Cynwyd, PA
01.2012 - 01.2018
- Received and documented individual invoices, entered invoices into Concur/SAP systems, and prepared accounts payable checks
- Managed petty cash disbursement, taxes, and purchase orders, and balanced accounts payable reports
- Maintained and filed invoices and supporting documentation by vendor name
- Processed payments for monthly rent and board fees, and prepared month end reports
- Key Achievements: Streamlined invoice processing and improved accuracy in accounts payable records.
Office Manager/Bookkeeper
Valley Youth House/AICenter
Philadelphia, PA
01.2009 - 01.2012
- Supervised the administrative team, reviewed, coded, and batched invoices for accounts payable
- Ensured accurate recording of payable accounts and appropriate authorization for payments
- Reconciled petty cash and transportation funds, managed new employee paperwork, timesheets, scheduling, and payroll
- Processed and distributed stipends/rent payments for clients
- Key Achievements: Improved financial management processes for the nonprofit organization
- Successfully transitioned system from a manual, paper-based process to a streamlined electronic system, resulting in increased efficiency, accuracy, and enhanced record-keeping capabilities
- Enhanced efficiency in payments and stipend distribution to clients.
Education
Accounting Studies -
Community College of Philadelphia
12.2004
High School Diploma -
Thomas Alva Edison High
Philadelphia, PA12.2001
Bachelor of Science - Finance
Southern New Hampshire University
Hooksett, NH 06.2024 - Current
Skills
- Advanced Excel Skills
- SAP
- Concur
- QuickBooks
- Blackline
- Efficient in SAP HANA
- Microsoft Power
- Knowledge of GAAP
- Excellent organizational and computer skills in a Microsoft Windows environment
- Expense Tracking
- Advanced Excel
- Bank Reconciliation
- Auditing procedures
- Internal Controls
- Recordkeeping
- Knowledge of financial statements
- Account Updates
Certification
Continuous professional development and trainings in accounting software and financial management practices.
Timeline
Bachelor of Science - Finance
Southern New Hampshire University
06.2024 - Current
Senior Accounting Specialist II (Team Lead)
TMNA Services/Philadelphia Insurance Companies
01.2022 - Current
Senior Accounting Specialist I
TMNA Services/Philadelphia Insurance Companies
01.2018 - 01.2022
Accounting Specialist
TMNA Services/Philadelphia Insurance Companies
01.2012 - 01.2018
Office Manager/Bookkeeper
Valley Youth House/AICenter
01.2009 - 01.2012
Accounting Studies -
Community College of Philadelphia
High School Diploma -
Thomas Alva Edison High