FINANCIAL ACCOUNTING MANAGER
Tri-State Industrial Supplies of PA Inc.
04.2007 - 12.2024
- Leadership & Process Improvement: Head of the Accounting Department, recognized for streamlining accounting and office processes, increasing efficiency by implementing best practices.
- Financial Management: Manage accounts payable/receivable, ACH/EFT transactions, payroll, and employee benefits including sales commissions and 401K deposits.
- Reporting & Compliance: Maintain general ledger, oversee monthly close, prepare financial statements, and manage business insurance (e.g., workers’ compensation, liability).
- Risk Management: Validate new customers’ credibility, set sales terms, and maintain Department of Transportation compliance documentation.
- Team Development: Hire, train, and mentor accounting staff, fostering a collaborative and productive work environment.
- Administrative Oversight: Fulfill additional duties, including building maintenance and general administrative tasks.
- Maintained strong relationships with external auditors, facilitating smooth annual audit processes and addressing any concerns promptly.
- Managed payroll data entry and processing for 17 employees to comply with predetermined company guidelines.
- Reduced operating costs through meticulous budget management and cost analysis.
- Prepared accurate financial reports and monthly statements for accounts receivable.
- Enhanced cash flow management with timely accounts receivable monitoring and collections efforts.
- Developed comprehensive financial models for strategic planning and decision-making purposes.
- Collaborated with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis.
- Led organizational cash flow and cash flow forecasting initiatives.
- Planned budgets, authorized expenditures, monitored accounting processes, established service rates and coordinated financial reporting to oversee all fiscal procedures.
- Assisted in the preparation of annual tax filings, ensuring full compliance with local, state, and federal regulations while minimizing tax liabilities where possible.
- Spearheaded the implementation of new accounting software, resulting in increased efficiency and improved financial tracking capabilities.
- Followed up with delinquent accounts to obtain funds and reduce aging balances.
- Prepared balance sheets, cash flow reports and income statements.
- Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and sales tax returns.
- Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
- 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.
- Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
- Managed outstanding balance amounts by evaluating reports and determining collection statuses.
- Projected monthly cash expenditures through efficient budgeting and detailed document reviews.
- Oversaw accounts payable and receivable operation for current business with $1.7 in monthly expenses.
- Oversaw all aspects of the month-end close process, ensuring timely completion of accurate financial statements for executive review.
