Kerry Risley-Fredericks

Controller

Larchmont Yacht Club

03.2004 - Current

Prepare accurate monthly financial statements on a timely basis for distribution to the Finance Committee, Board of Trustees and Management Staff.
Prepare financial statement notes monthly. This is a summary of variances. It includes highlights for the month, notables and a look ahead to the following month.
Prepare the monthly journal entries, bank reconciliations and reconcile accounts to the general ledger.
Meet with the Finance Committee monthly to review the financial statements and notes.
Prepare monthly and quarterly sales tax returns.
Provide the information needed for the completion of the 5500 by the retirement specialists.
Streamlined annual audit process, working closely with external auditors to ensure accurate representation of the Club's financial position.
Assist the annual auditors with all required testing, and general ledger details and work papers to complete the audit timely, accurately and efficiently.
Provide the annual auditors the required information to prepare the annual tax returns.
Oversee and review weekly payroll processed through Paycom.
Worked closely with the Finance Committee to prepare the Request for Proposal while working to choose a bank for our loan financing. In addition was involved with the bank interview process.
Calculate and ensure loan covenants are adhered to and provide all necessary information to the lender.
Oversee accounts receivable to ensure timely processing of payments to the members accounts and through the bank.
Oversee accounts payable, the timely paying of invoices and proper general ledger coding.
Prepare and file all 1099 forms.
Process and bill functions on a weekly basis.
Manage the budgeting process, including both operating and capital. Review the budgets with Department Heads and Committee Members.
Present the annual budget for review with the Committee Members, Management Staff, Finance Committee members, and the Board of Trustees.
Work with the General Manager on the annual new Board Member orientation. During this orientation, review financial statements, Board Member responsibilities and expectations, capital and long range plan, as well answer any questions.
At the changing of the Flag Officers, update the bank corporate resolutions with the bank.
Weekly process the 401K contributions withheld from the employees payroll.
Work closely with our IT company for IT issues and needs.
Annually review the record retention policy.
Implemented controls to safeguard against bank fraud. This has been successful with the use of positive pay for all checks and ACH payments.
Work with our HR Director to choose and implement the annual benefits, including health, dental, vision and life insurance.
Provide the necessary information to the lawyers to prepare the real estate tax certiorari that has resulted in real estate tax refunds.
Work with New York State Insurance Fund to complete our annual audit.
Work with the General Insurance Company to provide all information to complete the annual general insurance liability audit.
Complete the annual food permit for the Westchester County Health Department.
Meet with the General Manager daily to review and discuss the Club and any issues, questions, ideas, projections and to brain storm.
Work with the management team to review variances in budget to actual, manage payroll, and support one another.
Led the implementation of new accounting software, improving data accuracy and accessibility for the accounting department and management staff.
Led implementation of new payroll system. This system allows users to use an app to review daily timecard, request time off, sign documents, and receive employee notices.
Implemented the process that allowed members the option to pay electronically using ACH or credit cards, costing nothing to the Club for this service..
Mentored and trained staff members, fostering a positive work environment conducive to professional growth and development.
Follow the requirements of the Constitution with regard to delinquent accounts to obtain funds and reduce aging balances.
Process all membership changes, and review billing requirements for all adjustments.
Process all billing for regattas, camp, junior sailing camp, swim team, pool lockers, etc.
Organize and oversee the pool locker billing.
Answer all member questions, including billing, disputes, etc..
When HR is unavailable, help with the payroll on-boarding process.
Work directly with all staff. Treat one another with the upmost respect. We are a team, and as a team we work toward the same goal.

Summary

Overview

Work History

Controller

Audit Supervisor

Education

Bachelor of Science - Accounting

Skills

Timeline

Controller

Audit Supervisor

Bachelor of Science - Accounting

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