IVY C. KUMI

Ensured the integrity accounting information by recording, verifying, consolidating, and entering transactions on a timely basis.

Maintained monthly contract summaries for departmental expenditures.

Prepared monthly balance sheet reconciliations to ensure accuracy.

Developed and documented accounting policies to enhance internal controls.

Supported month-end and year-end close processes for timely reporting.

Compiled monthly consolidating trial balance and consolidated statement of changes in shareholders’ equity.

• Executed monthly and quarterly close processes through journal entry preparation and account reconciliations across multiple entities.
• Supported internal audits by maintaining documentation for SOX compliance and assisting with external audit requests.
• Reviewed and corrected errors in financial entries to ensure accuracy.
• Ensured compliance of accounting procedures, records, and reports with company standards and GAAP.
• Collaborated with Finance, Controllership, Corporate, and Operations teams to address and resolve issues effectively.

• Executed journal entries and reconciliations to support monthly general ledger closures.
• Contributed to transition of accounting operations from Las Vegas to Philadelphia.
• Facilitated smooth month-end closing activities through meticulous financial documentation.

• Executed monthly reconciliations of compensation and benefits accounts to ensure accurate ledger entries.
• Analyzed journal entries for 401k/profit sharing accruals and employee stock purchase plans.
• Completed month-end and year-end close procedures while reconciling payroll bank accounts.
• Managed unclaimed property reporting, annual state filings, payment requests, and account reconciliations.
• Collaborated with payroll department to investigate and resolve outstanding payroll issues.

• Coordinated efforts with construction team, encompassing project managers and operations managers, to guarantee that billings, collections, and other financial activities met company objectives and industry standards.

• Reconciled fixed asset subsidiary ledger with general ledger, resolving discrepancies effectively.
• Calculated and recorded capitalized interest for construction projects exceeding $500,000.
• Monitored company expenditures against capital budget and management authorizations.
• Verified accuracy of journal entries and accounting classifications for various assets.
• Approved capital expenditure requests to confirm eligibility for capitalization.
• Conducted analyses on fixed assets, including depreciation reasonableness and budget fluctuations.
• Prepared monthly entries and financial reporting packages for General Partner and joint ventures.
• Collaborated with auditors during preliminary and year-end audit processes.

• Delivered consulting services to multiple organizations in accounting, emphasizing general ledger, accounts payable, and accounts receivable while facilitating year-end audit processes.

• Delivered accounting, finance, and audit services to Fortune 1000 companies and industry leaders.
• Managed Campbell manual billing for Godiva services post-sale to third party.
• Developed process for preparing Maine Revenue Services beverage tax return.

• Oversaw all accounting functions for property, plant, and equipment.
• Enhanced fixed asset recording system for improved accuracy.
• Reviewed reconciliation of Asset Management System with general ledger to validate transactions.
• Monitored capital budget requisitions and updated management on project statuses.
• Provided internal and external audit support through relevant fixed asset documentation.
• Facilitated walkthroughs and testing by supplying necessary fixed asset information.
• Addressed inquiries related to fixed assets, ensuring compliance with standards.

• Supervised staff of 10 in daily finance and accounting activities while fostering customer service excellence.
• Managed daily operations and month-end closing for General Ledger, Treasury, Fixed Assets, Inventory, and Foundation.
• Collaborated across departments to develop and implement new standard operating procedures ensuring compliance with corporate finance policies.
• Implemented Lean Thinking strategies, empowering staff to streamline accounting processes, including automating bus/ferry pass sales for improved reporting accuracy.
• Prepared and reviewed financial reports and analyses for both internal and external stakeholders.

• Managed department, enhancing execution of data processing for financial reports and statements.
• Maintained corporate chart of accounts to ensure data accuracy at account and cost center levels.
• Coordinated with strategic planners and financial analysts to standardize account usage and structure.
• Led team implementation activities during conversion to Oracle General Ledger.

• Supervised and trained staff accountant in general ledger, inventory control, accounts receivable, revenue assurance, and project accounting.
• Prepared monthly consolidated financial statements while actively participating in month-end closing activities.
• Identified system gaps leading to errors in recording equipment cost of sales, contributing to a $1.5M reduction in costs.
• Collaborated on auditing cost of sales calculations, resulting in significant process improvements.