Liliia Khents
Chicago,IL
Summary
Experienced accounting professional skilled in accounts receivable management, financial reporting, and cross-functional collaboration. Proven track record of streamlining processes and resolving billing discrepancies, contributing to improved cash flow and financial accuracy.
Overview
9
9
years of professional experience
Work History
Accounts Receivable Specialist
RedMane Technology LLC
Chicago, IL
01.2024 - Current
- Prepare, review, and manage customer invoices within QuickBooks and Sage for U.S. and Canadian entities, ensuring accuracy, proper revenue recognition, and compliance with internal accounting policies and cross-border billing requirements.
- Played a key role in the migration of accounting operations from QuickBooks to Sage, assisting with system implementation, data validation, account mapping, and process transition to ensure accuracy and continuity of financial reporting.
- Designed and developed customized financial and expense reports in Nexonia to align with Sage reporting requirements, improving data accuracy, reconciliation efficiency, and integration between systems.
- Analyze and resolve complex billing discrepancies through detailed account review, coordination with internal departments, and implementation of corrective adjustments to maintain accurate financial records.
- Maintain and reconcile customer accounts, including payment applications, credit balances, and historical transaction data, ensuring completeness and accuracy of accounts receivable records.
- Monitor and manage accounts receivable aging reports; evaluate delinquent accounts, initiate collection efforts, and provide analytical insights to improve cash flow performance.
- Generate month-end project expense and AR reports to support financial close processes and management decision-making.
- Assist in preparation of financial reporting related to receivables, providing variance analysis and recommendations to enhance collections efficiency and strengthen internal controls.
- Review and process employee expense reports in compliance with corporate policies; reconcile reimbursements and ensure proper expense classification.
- Review and approve corporate travel requests through Egencia, verifying adherence to budgetary guidelines and corporate governance policies.
- Collaborate with Accounting and Finance leadership on process improvements, reporting enhancements, and ad hoc financial analysis initiatives.
- Processed and reconciled customer payments to maintain accurate account records.
- Managed aging accounts receivable reports to identify overdue invoices.
- Collaborated with cross-functional teams to streamline invoicing processes.
- Trained new team members on accounts receivable procedures and software tools.
Accountant
TM Accountant
Chicago, IL
08.2022 - 12.2023
- Prepared monthly financial statements ensuring compliance with accounting standards.
- Analyzed ledger entries to identify discrepancies and recommend corrective actions.
- Assisted in budget preparation, monitoring variances, and providing reports to management.
- Collaborated with auditors during year-end review, facilitating smooth audit processes.
- Handled day-to-day accounting processes to drive financial accuracy.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Managed and maintained comprehensive financial records, including general ledger accounts, journals, and subsidiary ledgers, while supporting the full monthly accounting cycle for customer accounts, ensuring accuracy, completeness, and compliance with accounting standards and internal controls.
Partner
YOSSER Business Services
Lviv, Ukraine
01.2019 - 08.2022
- Managed financial records and transactions for multiple clients, ensuring accuracy, consistency, and compliance with accounting standards.
- Performed regular bank reconciliations to align recorded transactions with bank statements, identifying and resolving discrepancies.
- Managed accounts payable processes, including tracking vendor invoices, processing payments, and ensuring timely settlements.
- Prepared and analyzed financial statements, including income statements, balance sheets, and cash flow reports, providing clients with valuable financial insights.
- Supported tax preparation and filing, ensuring compliance with tax regulations and deadlines. Tracked, categorized, and allocated expenses, ensuring proper classification and accurate financial reporting.
- Provided outstanding service to all individuals, promoting effective, and lasting business relationships.
- Established key performance indicators to monitor success and drive accountability within the organization.
Economics Specialist
VEON
Lviv, Ukraine
05.2017 - 07.2018
- Engaged in knowledge transfer initiatives in Kazakhstan, ensuring seamless sharing of processes and best practices.
- Developed comprehensive work instructions (DTP) to streamline processes and ensure consistency.
- Accurately recorded receivables from leasing and asset sales, maintaining precision and accountability.
- Conducted detailed examinations and analysis of subscriber equipment transactions to ensure accuracy and compliance.
- Performed in-depth analysis of long-term receivables to ensure proper financial tracking.
- Precisely calculated and recorded postpaid and prepaid revenue, adhering to financial standards.
- Managed reconciliation activities with customers, ensuring accuracy and resolving any discrepancies.
- Effectively addressed and resolved subscriber requests, ensuring high customer satisfaction and timely issue resolution.
Education
Master of Science - Accounting And Audit
Ivan Franko National University of Lviv
Ukraine06-2013
Bachelor of Science - Accounting And Audit
Ivan Franko National University of Lviv
Ukraine06-2012
Skills
- Microsoft Excel
- Accounts receivable
- Aging reports analysis
- Accurate payment posting
- Account reconciliation
- Month-end closing procedures
- Invoice processing
- Financial records and reporting
- Bookkeeping
- Sage
- Microsoft office
- Attention to detail
- Quickbooks
- GAAP principles
Languages
English
Professional Working
Russian
Full Professional
Ukrainian
Native or Bilingual
Interests
- I enjoy helping others and giving back to the community
- Volunteer Work
- Reading
- Personal Development and Self-Improvement
- Road Trips
Timeline
Accounts Receivable Specialist
RedMane Technology LLC
01.2024 - Current
Accountant
TM Accountant
08.2022 - 12.2023
Partner
YOSSER Business Services
01.2019 - 08.2022
Economics Specialist
VEON
05.2017 - 07.2018
Master of Science - Accounting And Audit
Ivan Franko National University of Lviv
Bachelor of Science - Accounting And Audit
Ivan Franko National University of Lviv