Jennifer Wetzel
Freeport,PA
Summary
Dynamic corporate accounting professional skilled in inventory control and procurement. Successfully negotiated supplier contracts to enhance profitability and implemented robust inventory reporting processes, driving significant improvements in financial reporting accuracy and cost management.
Overview
30
30
years of professional experience
Work History
Corporate Buyer
Marmon/Keystone LLC
Butler, USA
06.2021 - Current
- Buying of Corporate Material (Company Wide) and OEM Customers to provide and maintain proper Inventory levels in the supply chain of Distribution
- Negotiated pricing with suppliers to optimize cost management and improve overall profitability
- Developed and maintained strategic relationships with suppliers to enhance collaboration and support supply chain objectives
- Manage and oversee depletion sheets for OEM customers
- Investigated and resolved inventory discrepancies and cost-related issues to ensure accuracy in financial reporting
- Review and Manage Excess & Obsolete Inventory
- Ensure A/P, A/R, and Credit invoicing are handled in a timely manner in accordance with inventory buys.
- Work with Logistics to properly move material purchased to the proper destination.
Regional Financial Controller/Inventory Control Manager
Marmon Keystone
08.2018 - 06.2021
- Managed inventory reporting, conducting physical counts and quarterly tests to ensure compliance and accuracy.
- Initiated, Conducted and Completed Physical and cycle count inventories.
- Assessed and understood inventory controls to enhance accuracy and reliability.
- Generated financial deliverables for regional budget review and corporate reporting.
- Compiled cost analysis integrated with monthly financial reports on revenue, material costs, gross profit, and contribution margin.
- Prepared monthly journal entries, updated forecasts, and analyzed month-end results along with variance reporting.
- Work with Regional General Manager to prepare and submit Capital investment requests.
- Monitored compliance with Strategic Performance Indicators for the region.
- Managed financial reporting processes for regional operations.
- Supervised 8 direct reports across 4 regional locations involving accounts payable, accounts receivable, billing, value-added oversight, and operation assistants.
Accounting Manager/Senior Accountant
Marmon/Keystone LLC
Butler, USA
07.2010 - 08.2018
- Managed inventory reporting including physical counts and quarterly tests to ensure compliance and accuracy.
- Assessed and understood inventory controls to enhance accuracy and reliability.
- Audit reports relating to company financial processes.
- Reconciled bank statements monthly to ensure accuracy in financial records.
- Company ACH / Wire postings and Setup with Marmon
- G/L Account Reconciliations / Journal Entry
- Fixed Asset Accountant –responsible for reconciliations and keeping track of all fixed assets.
- Sales Adjustments, Credit Memo, Sales Disc Reconciliations – Accruals, sales GP adjustments
- Tax Accountant – SIT, FIT, 1099 Tax reporting quarterly and yearly. Responsible for all payments and point person for CPA in filing the State Tax Returns.
- Coordinated application and renewal of business licenses for operations.
- Submitted Insurance reports (Auto and General Liability), Property reports, and Business Interruption reports.
- Provided backup support for payroll processing from 2011 to 2015 to ensure timely employee compensation.
- Year-end and Month-end Closing Procedures
- Oversaw 2 accounts payable direct reports managing operations across 27 regional locations.
Senior General Accountant
IPEG (Conair, Inc.)
Cranberry Twp, USA
06.2008 - 01.2009
- Prepared monthly accrual and standard entries, including depreciation and prepaid accounts, ensuring accurate financial reporting.
- Balanced bank reconciliations and conducted departmental expense reviews, contributing to timely and accurate monthly reporting.
- Fixed Asset and Physical Inventory responsibilities including training of the products sold.
Costing Manager
Brayman Construction Corporation
Saxonburg, USA
09.2007 - 04.2008
- Prepared Job budgets from the HCSS estimates.
- Analyzed potential job impacts and delivered weekly job package report to inform project stakeholders.
- Created and prepared client invoices per contract agreement, facilitating timely payments for the project.
- Provided internal and external change orders for the client.
- Reviewed foreman reports and entered data into accounting system to ensure accuracy and completeness.
Senior Accountant
Hunter Truck Sales & Service, Inc.
Butler, USA
05.1998 - 09.2007
- Assisted in monthly close and reviewed general ledger entries for receivables, payables, notes payable, and fixed assets, contributing to accurate financial reporting.
- Completed bank statement reconciliation to ensure accurate financial records.
- Reported sales and use tax for monthly, quarterly, semi‐annually, and yearly reports.
- Maintained fixed asset inventories across all locations, ensuring accurate tracking and reporting.
- Prepared basic journal entries, book appropriations, expenditures, and accruals for the month.
- Assisted in the preparation of budgets and location business plans.
- Compiled financial data spreadsheets for monthly conference calls, facilitating informed discussions and decision-making.
- Compiled Service analysis for Monthly Technician Incentive for locations
Accountant
ServiStar Coast to Coast Corporation, Inc.
Butler, USA
03.1996 - 11.1997
- Prepared financial statements, recorded entries, and booked appropriations, expenditures, and accruals to ensure accurate month-end closing.
- Reviewed accounts for month-end closing to maintain financial integrity.
- Completed the reconciliation of bank statements to ensure accuracy in financial records.
- Assisted in billing, accounts payable, and accounts receivable processes to support overall financial operations.
Education
Bachelor of Science Degree - Accounting
Clarion University of Pennsylvania
Skills
- Microsoft Windows and Office Suite
- Excel and accounting software
- Outlook management
- Supplier negotiation
- Hyperion ERP
- Sage FAS
- Data Analysis Tools
Timeline
Corporate Buyer
Marmon/Keystone LLC
06.2021 - Current
Regional Financial Controller/Inventory Control Manager
Marmon Keystone
08.2018 - 06.2021
Accounting Manager/Senior Accountant
Marmon/Keystone LLC
07.2010 - 08.2018
Senior General Accountant
IPEG (Conair, Inc.)
06.2008 - 01.2009
Costing Manager
Brayman Construction Corporation
09.2007 - 04.2008
Senior Accountant
Hunter Truck Sales & Service, Inc.
05.1998 - 09.2007
Accountant
ServiStar Coast to Coast Corporation, Inc.
03.1996 - 11.1997
Bachelor of Science Degree - Accounting
Clarion University of Pennsylvania