Joy Milfort
Reisterstown,Maryland
Summary
Accomplished financial management and accounting professional with 15 years of demonstrated positive impact on financial and accounting. Proven skill in employing accounting and financial management best practices and team leadership. Committed to introducing changes to achieve continuous improvement and successfully influencing processes driving operational excellence. Expertise in financial statement preparation and analysis, operational management, reconciliation forecasting and cost control.
Overview
9
9
years of professional experience
Work History
Accounting Director
American University
06.2019 - 08.2023
- Managed banking reconciliations and monthly balance sheet statements.
- Managed journal entries, collection efforts, reconciliations, and payroll processing.
- Applied proper codes to invoices, files, and receipts to keep records organized and easily searchable.
- Investigated daily variances and corrected errors to resolve discrepancies.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
- Completed bi-weekly payroll for company employees.
- Monitored budget allocation and expenditures to enforce compliance with company policies.
- Educated accounting team on forecasting, financial statuses and financial strategies to assist in annual budget creation.
- Collaborated with other departments to achieve accurate and prompt financial reporting.
- Implemented cost control procedures and cost management processes.
- Analyzed and reported on financial data to support business decisions.
- Developed and maintained system of internal controls to prevent fraud and abuse.
- Trained new employees on accounting principles and company procedures.
Business & Finance Manager
Washington College Of Law, The American University
07.2018 - 06.2019
- Managed regular finance tracking for numerous branch offices and headquarters expenses.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Created organizational structures to improve accounting and finance functions.
- Forecasted trends and recommended improvements based on financial risk analyses.
- Partnered with IT and operational leadership to develop financial business plans with detailed benchmarks.
- Reviewed documentation and identified financial discrepancies where applicable.
- Prepared monthly reconciliation of accounts and took corrective actions on deviations.
- Prepared and managed large capital expenditure budgets to effectively handle infrastructure investment and long-term operations.
- Processed invoices and contacted appropriate parties for timely payment receipt.
Budget Officer
Johns Hopkins University
06.2016 - 04.2018
- Directed preparation of regular and special budget reports to interpret budget directives and establish policies for execution.
- Analyzed revenues, expenditures, and cash management.
- Performed month-end account analysis, headcount and salary reports and related journal entries.
- Prepared comparative analysis of operating programs by analyzing costs in relation to services performed.
- Executed financial controls, procedures, systems and forecasting techniques to evaluate budget status.
- Reviewed operating budgets periodically to analyze trends affecting budget needs.
- Utilized software to analyze and report on budget trends.
- Prepared response strategies to avoid potential budget cuts.
- Recommended financial solutions to corporate management based on detailed financial analysis.
- Monitored contracts and analyzed expenses to facilitate financial objectives.
- Submitted recommendations to budgets and forecasts for approval or disapproval.
- Reviewed monthly operations to assess compliance with budgets and determine necessary adjustments for future plans.
Director of Budget and Accounting
George Washington University - GWU
06.2014 - 05.2016
- Analyzed financial data to identify trends, risks and opportunities.
- Analyzed revenues, expenditures, and cash management.
- Reviewed operating budgets periodically to analyze trends affecting budget needs.
- Directed preparation of regular and special budget reports to interpret budget directives and establish policies for execution.
- Trained new administrative staff members on systems, enhancements and financial processes.
- Designed and implemented effective budgeting policies and procedures.
- Prepared comparative analysis of operating programs by analyzing costs in relation to program revenue.
- Executed financial controls, procedures, systems and forecasting techniques to evaluate budget status.
- Performed month-end account analysis, headcount and salary reports and related journal entries.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Evaluated and negotiated contracts to procure favorable financial terms.
- Designed and maintained financial models to identify and measure risks.
Education
MBA - Accounting And Finance
Bay Path University
Longmeadow, MA05.2013
Bachelor of Science - Biological And Physical Sciences
American University
Washington, DC05.2001
Skills
- Invoicing
- Month-end reporting
- Bank account reconciliations
- Closing procedures
- Account Reconciliation
- Financial Management
- Budgeting
- Budget projections
- Bookkeeping
- Finance
- Staff Management
- GL entry verification
- Interpersonal relations
- GAAP understanding
Timeline
Accounting Director
American University
06.2019 - 08.2023
Business & Finance Manager
Washington College Of Law, The American University
07.2018 - 06.2019
Budget Officer
Johns Hopkins University
06.2016 - 04.2018
Director of Budget and Accounting
George Washington University - GWU
06.2014 - 05.2016
MBA - Accounting And Finance
Bay Path University
Bachelor of Science - Biological And Physical Sciences
American University