Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic

KARIN KLINGAMAN

East Windsor,NJ

Summary

Division Controller with over 25 years accounting experience. Comprehensive knowledge of general accounting, fixed assets, intercompany transactions, logistics, and inventory control. Significant track record of optimizing processes and problem solving. Self-starter with excellent organizational skills, attention to detail and a strong work ethic. Currently involved in developing Sarbanes Oxley compliance processes. Expertise Financial Reporting and Analysis, SAP ERP, Hyperion, Budgeting and Forecasting, Internal Controls and SOX compliance

Skilled bringing 28 years of experience working with 1 organization. Proven leadership and success in leading teams in achieving financial goals. Accomplished in working with executive leaders to develop business, financial and growth strategies. Accomplished financial management and accounting professional with 28 years of demonstrated positive impact company growth. 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, forecasting and cost control. Skilled Division Controller bringing 28 years of experience working with [Type] organizations. Proven leadership and success in leading teams in achieving financial goals. Accomplished in working with executive leaders to develop business, financial and growth strategies.

Overview

31
31
years of professional experience

Work History

Senior Accountant

Sterilumen, Inc
06.2021 - 03.2023
  • Reviewed documents and accounts for discrepancies and resolved variances.
  • Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
  • Reconciled balance sheets and streamlined best practices for balance sheet processes.
  • Prepared monthly journal entries and reconciliations.
  • Updated general ledger with latest entries.
  • Completed year-end closing processes with controllers and external auditors.
  • Partnered with auditors to track errors and add contributions to maintain accuracy.

Division Controller/Finance Manager/Business Partner

Panasonic Corporation Of North America (PNA HQ)
05.2006 - 05.2020
  • Serve as Business Partner in a division company managing finance functions, participating in developing policies/procedures in accordance with GAAP and SOX requirements
  • Manage the HQ Accounting division of Panasonic Corporation of North America; responsible for over 100 cost centers with annual expenditures of $300 million and assets of $132 million with 10 employees
  • Process owner for SOX worksheets, flowcharting, documentation and remediation
  • Work with outside auditors on SOX walk [throughs and documents of understanding
  • Responsible for monthly closings, financial reporting and analysis, budgeting, forecasting, planning, ad hoc analysis, cash flow analysis, bank reconciliations, pension accounting and fixed assets.
  • Created and distributed reports on internal and external finances, audits, and budgets.
  • Reviewed contracts financially impacting company and counseled executive leaders on impact contracts would have on company operations.
  • Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
  • Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and sales tax returns.
  • Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
  • Managed daily financial functions in collaboration with accounting and payroll personnel.
  • Managed budgets, assets, portfolios, accounts payable, and receivable and general financial reporting procedures.
  • Prepared balance sheets, cash flow reports and income statements.
  • Reviewed documents and data to give accurate presentations and forecasts to upper management.
  • Managed payroll data entry and processing for [Number] employees to comply with predetermined company guidelines.
  • Formulated strategic plans and supported tactical initiatives to execute cost-savings deliverables.
  • Maintained integrity of general ledger and chart of accounts.
  • Provided journal entries and performed accounting on accrual basis.
  • Collected and reported monthly expense variances and explanations.

Finance Manager/Business Partner

Panasonic Corporation Of North America (PCEC)
01.2003 - 01.2005
  • Managed Inventory (non-physical) Department with a staff of three
  • Monitored items in In Transit report that were open for over 60 days
  • Researched problems and took steps to resolve all items before month end
  • Reviewed sample physical inventory for discrepancies
  • Implemented new procedures for warehouse and held monthly staff meetings
  • Recorded billing of merchandise to other companies and reconciled accounts
  • Maintained claims report for shortages and damages for inbound shipments
  • Claims were recorded and timely charge backs completed to factory as needed
  • Analyzed and compiled data for purchase variance by product category
  • This included information from customs, brokers and inland freight bills
  • Data was used by Accounting Department to compare price discrepancies
  • Responsible for reviewing price margin summary sheets and maintaining price upload into system for FOB and landed costs.

Finance Manager

Panasonic Corporation Of North America (PLS)
01.1993 - 01.2003
  • Manage finance functions and provide strategic supports to president and 30 affiliates with $8.6 billions sales
  • Partnered with Strategic Planning and Operation Groups to optimize logistics networks, transportation, and workforce, improving operational performance and reducing North America logistics costs of $20M annually
  • Designed/Implemented cost buster programs on identified areas of opportunities and monitored progress, reducing personnel, IT consulting, and controllable expenses of $3.5M annually (exceeding target by 25%)
  • Established a system to manage $45M/year logistics supply chain outsourcing activities and transfer pricing, analyzing actual/forecast vs
  • Plan, tracking their KPIs to ensure operational excellence (profit 300% vs
  • Plan)
  • Teamed with IT to improve SAP and logistics systems, enhancing financial reporting & forecasting tools.

Accountant

Panasonic Corporation Of North America (PLS)
01.1992 - 01.1993
  • Responsible for the inventory management of home appliance inventory

Education

Bachelor of Science - Accounting

Rutgers, The State University of New Jersey
Newark
05.1992

Skills

  • Budgeting/Forecasting
  • Payroll Oversight
  • Sarbanes-Oxley (SOX)
  • Financial Reporting
  • Business Operations and Forecasting
  • Month-End and Year-End Closings
  • Financial Statement Review
  • Cash Flow Forecasting
  • Budgeting and Variance Analysis
  • Profit and Loss Accountability
  • Staff Oversight and Leadership
  • Intercompany Reconciliations

Accomplishments

  • Supervised team of 14 staff members.
  • Collaborated with team of 2 in the development of IFRS policies

Timeline

Senior Accountant

Sterilumen, Inc
06.2021 - 03.2023

Division Controller/Finance Manager/Business Partner

Panasonic Corporation Of North America (PNA HQ)
05.2006 - 05.2020

Finance Manager/Business Partner

Panasonic Corporation Of North America (PCEC)
01.2003 - 01.2005

Finance Manager

Panasonic Corporation Of North America (PLS)
01.1993 - 01.2003

Accountant

Panasonic Corporation Of North America (PLS)
01.1992 - 01.1993

Bachelor of Science - Accounting

Rutgers, The State University of New Jersey

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KARIN KLINGAMAN