Karlene Kidd-Smith

Accounts Payable Manager

Lennar Corporation

Miami, FL

04.2022 - 06.2024

Conducted periodic audits of accounts payable transactions to ensure compliance with accounting policies and procedures.
Analyzed various cost savings opportunities related to the accounts payable process.
Created detailed reports on aging payables, vendor payments, cash disbursements.
Implemented new procedures for processing international payments in multiple currencies.
Collaborated with other departments such as procurement, treasury, and accounting.
Ensured all payments were made in accordance with contract terms and conditions.
Assisted external auditors during year-end audit process by providing required documentation.
Managed credit card programs including issuing cards and reconciling monthly statements.
Provided guidance to team members regarding complex billing issues or payment inquiries.
Reviewed vendor invoices for accuracy and completeness prior to payment processing.
Developed and implemented effective strategies to reduce costs associated with accounts payable processes.
Maintained accurate records of invoices, purchase orders, and other financial documents.
Monitored daily accounts payable activities and ensured compliance with established internal control procedures.
Processed tax payments on a timely basis in compliance with applicable regulations.
Efficiently maintained accounts payable transaction processing and led team on training initiatives to ensure continuity.
Used exemplary communication and interaction skills to build strong working relationships with partners, employees and clients.
Followed company's strict rules and procedures to maintain data integrity and confidentiality.
Checked accounting system on regular basis to monitor transactions.
Worked cross-functionally with various teams and departments to improve operations.
Created new audit procedures, reducing voided checks, and ensuring regulatory compliance.
Maintained accurate vendor files and records, ensuring easy access and compliance with auditing standards.
Managed a team of accounts payable clerks, providing training and support to ensure high performance and career development.
Streamlined invoice processing through the implementation of electronic invoicing and payment systems.
Analyzed accounts payable processes and implemented improvements to reduce processing time.
Oversaw the reconciliation of accounts payable ledgers to ensure accuracy and compliance with financial policies.
Conducted regular audits of accounts payable transactions to identify and correct errors, reducing discrepancies.
Facilitated internal and external audits by providing comprehensive accounts payable documentation and explanations.
Led month-end and year-end closing processes for accounts payable, ensuring deadlines were met and financial reports were accurate.
Developed and enforced accounts payable policies and procedures to mitigate risk and enhance operational controls.
Managed full-cycle accounts payable process, ensuring timely and accurate payment to vendors and suppliers.
Provided regular training and updates on accounts payable best practices and regulatory changes to team members.
Prepared and presented accounts payable reports to senior management, highlighting key metrics and financial insights.
Collaborated with the IT department to ensure the security and integrity of accounts payable data.
Coordinated with tax and legal departments to ensure compliance with regulatory requirements and tax filings related to accounts payable.
Identified opportunities for cost savings and efficiency improvements within the accounts payable function.
Handled high-volume invoice processing with minimal supervision.
Reconciled monthly statements and transactions to keep records accurate and current.
Problem-solved accounts payable questions on behalf of internal team members, management and vendors.
Assisted with month-end and year-end closings to support accounting system accuracy.
Calculated month-end accrual entries for trade payables.
Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
Maintained regular performance appraisals for subordinates through verbal, written and on-going review programs.
Created and updated financial reports on frequent basis to present information to leadership teams.
Coordinated preparation of external audit materials and external financial reporting.