KAREN McLAUGHLIN, CPA

• Enhanced financial accuracy by conducting thorough analysis and reconciliation of high-risk accounts.
• Managed Intercompany Activity with non-netting subsidiaries for assigned companies. (Voucher processing, Payment, Reconciliation with partner).
• Performed 'mini' audits of consolidated subsidiaries to determine accuracy of balance sheets and communicated recommendations to management.
• Analyzed and documented chart of accounts for new acquisitions to facilitate integration to Sodexo systems
• Developed process to transfer activity posting to Sodexo SAP to off-ledger consolidated subsidiary.
• Streamlined accounting processes for increased efficiency and reduced errors.
• Mentored junior team members, sharing knowledge and expertise to promote professional growth within the department.

Managed and performed numerous accounting functions for a healthcare organization including a skilled nursing facility, an adult day health care program and two homecare programs.

• Ensured accuracy of monthly and year-end financial statements including balance sheet, income statement and changes in net assets.
• Analyzed and documented revenue and expense variances supporting financial results.
• Provided analytical support and decision-making tools for management.
• Involved in corporate budgeting from development through implementation and analysis.
• Coordinated and reviewed/prepared all documentation for financial audit, several cost reports and corporate tax filings.
• Interfaced with outside auditors to respond to all requests and inquiries to facilitate timely and positive outcome.
• Managed performance of four accounting personnel including two accountants, A/P and purchasing clerks.

*Principal Accountant 2000-2006

*Senior Accountant 1998-2000

Performed various accounting functions that included financial analysis, general ledger reconciliation,
budgeting, tax filings, fixed asset/capital project reporting, and fund accounting for foundations.

• Analyzed significant expenses to ensure proper recording and explain variances from annual budget.
• Coordinated monthly financial close process; reviewed accountants work for accuracy and
  completeness.
• Developed and maintained financial statement model, including performance statistics and ratios, for
  presentation to management and board of directors
• Prepared individual and consolidated annual budgets for the foundations of Kaleida Health.
• Prepared and/or reviewed audit work papers, audited financial statements and related notes.
• Developed and implemented processes to streamline cash reconciliation, donor reporting and month
  end closing.

Developed thorough understanding of audit procedures, internal controls and financial statements.

• Planned and performed financial audits of non-profits, school districts, governments, and corporations; verified various financial records.
• Prepared financial statements and various tax returns.
• Documented, assessed and proposed changes to clients internal control structure.