Karen Karr
Hills
Summary
Dynamic VP of Accounting at Hills Bank and Trust Company, adept at enhancing financial reporting accuracy and driving process improvements. Proven leader in budget oversight and internal controls development, fostering innovation and collaboration. Successfully implemented new accounting software, significantly boosting efficiency and productivity while ensuring timely financial statement preparation for strategic decision-making.
Overview
1
1
year of professional experience
Work History
VP, Accounting
Hills Bank and Trust Company
11.2023 - Current
- Managed financial planning and budgeting processes, ensuring fiscal responsibility and maximizing return on investments.
- Established a culture of continuous improvement, fostering innovation and driving sustainable growth across the organization.
- Leveraged technology to automate workflows and streamline processes, resulting in increased productivity and cost savings across the organization.
- Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
- Prepared balance sheets, cash flow reports and income statements.
- Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
- Streamlined annual audit process, working closely with external auditors to ensure accurate representation of company''s financial position.
- Ensured timely financial statement preparation, allowing for better decision-making and strategic planning.
- Enhanced financial reporting accuracy by streamlining accounting processes and implementing internal controls.
- Led cross-functional teams in the implementation of new accounting software, improving overall efficiency within the finance department.
- Prepared detailed variance analyses on a monthly basis, enabling more effective tracking of actuals versus forecasted figures.
- Mitigated risk by implementing internal controls and safeguards for revenues and expenditures.
- Oversaw accounts payable and receivable operations for [Type] business with $[Amount] in monthly expenses.
- Worked with [Number] executives to create annual budget and track actual expenses against projected expenses.
- Projected monthly cash expenditures through efficient budgeting and detailed document reviews.
- Managed daily financial functions in collaboration with accounting and payroll personnel.
- Managed budgets, assets, portfolios, accounts payable, and receivable and general financial reporting procedures.
- Coordinated with department heads to develop and monitor annual budgets, ensuring alignment with strategic goals.
- Led cross-functional teams in process improvement initiatives, enhancing efficiency in financial operations.
- Led implementation of new accounting software, improving data accuracy and accessibility for finance team.
- Oversaw management of payroll, ensuring accurate and timely processing for all employees.
Education
BBA - Finance And Management Information Services
University of Iowa
Iowa City, IASkills
- Team leadership
- Relationship building
- Decision-making
- Critical thinking
- Budget oversight
- Preparing financial statements
- Staff management
- Accounting management
- Fixed asset management
- Statement reconciliation
- Account reconciliation
- General ledger accounting
- Financial forecasting
- General ledger management
- Budget administration
- AP/AR invoicing
- Internal controls development
- Expense control
- Expenditure review
- Accounts payable management
- Month-end closing
- Month-end and year-end closings
- Purchase tracking
- Office workflow improvements
- Attention to detail
- Problem-solving
- Multitasking Abilities
- Time management
- Procurement management
- Reliability
Timeline
VP, Accounting
Hills Bank and Trust Company
11.2023 - Current
BBA - Finance And Management Information Services
University of Iowa
Similar Profiles
Mason ColtonMason Colton
Client Relationship Consultant at U.S. BankClient Relationship Consultant at U.S. Bank
BrookLynne PetersonBrookLynne Peterson
Bank Teller at Rolling Hills Bank and TrustBank Teller at Rolling Hills Bank and Trust
Michael MotternMichael Mottern
AVP/Loan Operations Supervisor at Journey Bank/The Muncy Bank & Trust CompanyAVP/Loan Operations Supervisor at Journey Bank/The Muncy Bank & Trust Company
Jeffrey KarrJeffrey Karr
Shift Lead at Dairy Queen Grill & ChillShift Lead at Dairy Queen Grill & Chill
Whitney GrooteWhitney Groote
In-Home Health CNA at KoreCares Nursing SolutionsIn-Home Health CNA at KoreCares Nursing Solutions