Jacqueline Gibson-Cutillo

• Implemented new accounting policies, practices and procedures as needed.
• Collaborated with program leaders and staff to provide education and training on finance and accounting procedures.
• Reorganized finance and accounting departments to improve efficiency and cut excess spending.
• Prepared monthly financial reports to provide timely information on company performance.
• Executed periodic budgeting and modeling to project monthly cash requirements.
• Monitored investments for profitability and liquidity purposes.
• Prepared and presented operational reports to senior management and executive teams.
• Successfully handled outside auditing for investors.
• Developed and implemented internal controls to ensure accurate financial reporting.
• Developed annual budget and compared actual expenses against projected budget.
• Managed accounting, payroll, and financial reporting activities.
• Reviewed accounts payable and receivable processes for accuracy and timeliness.
• Oversaw month-end closing process, prepared financial statements and managed advanced reconciliations.
• Facilitated and completed annual financial statement audits and reviewed results.
• Created internal controls and corrective actions to reduce risk or deficiencies.
• Reviewed sales numbers and calculated commissions.
• Performed due diligence reviews of potential acquisitions or divestitures.
• Coordinated financial statement reviews to coordinate variance reporting, analysis of year-to-date and forecast performance against expectations.
• Created annual budgeting process including revenue forecasting models based on historical trends and industry analysis.
• Supervised month-end close processes and reconciled treasury transactions.

Manage business office staff of 22 for six franchise car dealerships; Toyota, Nissan, Hyundai, Genesis, Subaru and Chrysler Jeep Dodge. Compiled financial reports pertaining to cash receipts, expenditures and profit and loss. Performed complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations. Prepared accurate monthly financial statements for all franchises. Collected and reported monthly expense variances and explanations. Reconciled twenty seven bank accounts on a monthly basis. Submitted monthly prompt tax payments and quarterly sales tax analysis to validate payments submitted. Managed all properties owned and processed taxes accordingly. Completed all insurance claims for every franchise.

Processed journal entries, online transfers and payments.Researched and resolved collections and billing disputes with tact and efficiency. Handled all bounced checks and submitted claims to Certergy. Posted new vehicle tissues. Processed swaps and dealer transfers. Reconciled the monthly floorplan statements of the Star companies and processed day to day adding and removing of vehicle inventory. Posted new and used delivered vehicles, averaging 300 cars a month. Posted internals, cash and warranty repair orders. Handled warranty cancellations and submissions to multiple warranty companies. Managed daily bank deposits. Calculated the monthly financial reserve statements and reconciled the schedules associated with the reserve accounts.  Performed yearly LIFO for all dealerships and daily processing of positive pay.

Handled all motor vehicle and billing.  Submitted contracts to banks for funding. Oversaw all DMV schedules for the entire Star Company.  Renewed all dealership licenses, registrations and insurance.

Received, recorded, and banked cash, checks, and vouchers as well as reconciled records of bank transactions. Completed monthly, quarterly and annual bank reconciliations. Maintained confidential information, such as pay rates, bonus targets and pay grades. Handled cash and deposits using the proper accounting procedures and documentation. Reconciled all credit card accounts from day to day.