Summary
Overview
Work History
Education
Skills
Awards
Timeline
AdministrativeAssistant
Lorraine Barnes

Lorraine Barnes

Accounting
Raleigh,NC

Summary

Experienced, loyal, and detail-oriented accountant with a 25 year history of progressive responsibility and exceeding performance goals. Re-entering the work force with the goal of using my extensive knowledge maintaining financials, budgets, payroll and operational reports for various corporate entities and a small business to become a valuable asset in a growth environment.

Overview

27
27
years of professional experience

Work History

Treasurer/Accountant

ATOMIC CITY COMPUTERS, INC.
06.2009 - 06.2016
  • Developed all accounting processes within a Veteran-owned business that experienced an annual Growth Rate of about 20% and Sales Revenues of approx. $100k.
  • Managed daily operations, including the HR functions for up to 7 employees.
  • Performed all bookkeeping/accounting duties to encompass payroll, inventory, taxes, credit card vendors, payables/receivables and financial statements.
  • Utilized QuickBooks software to streamline financial processes with a less than 3% error ratio.
  • Handled the corporate bank accounts & ensured compliance with state/federal regulations.

Budget & Financial Analyst

ORNL FEDERAL CREDIT UNION
06.2003 - 11.2007
  • Compiled & reviewed monthly Financial Statements for the Controller reporting on changes in key areas and identifying trends.
  • Prepared GL Variance Reports and developed processes to reduce the departmental error rate by 15%.
  • Maintained financial software for statements & forecasting
  • Developed Budget Reports for 19 branches & worked closely with each manager to control expenses.
  • Reduced the average branch budget by 12% with cost-saving suggestions and error identification.
  • Handled all Property Tax records for the Main Office & 19 branches and filed the state returns.
  • Served as the contact person for internal & external Auditors.

Manager of Lease Administration

REGENCY CENTERS, INC.
07.2001 - 05.2002
  • Supervised 8 professional accountants who handled the financial reporting process for 104 shopping center properties.
  • Scheduled & monitored the Annual Budget process within a tight deadline environment with a 100% on-time submission rate.
  • Performed quality-control audits in the JDEdwards tenant database to ensure lease billing accuracy.
  • Reviewed annual Operating Expenses & Tax Reconciliations for all 104 shopping center properties before presenting to the Director of Lease Administration.

Director of Financial Services

LUTHERAN SOCIAL SERVICES OF THE SOUTH, INC.
11.2000 - 06.2001
  • Sole preparer of annual Cost Reports for 7 children's facilities for TX Dept. of Regulatory Services; required extensive GL research classifying expenses & analyzing cost allocations, census data and financial statements.
  • Identified several material coding errors during the 2000 Cost Report process, which reduced the potential for time-consuming audits from the state regulatory agencies.
  • Consolidated & reviewed monthly Financial Statements & fund balances involving 17 facilities & 35 programs ($45M in total assets).
  • Streamlined monthly closing processes to increase efficiency in analysis.
  • Responsible for preparing Federal Tax Return, Form 941 for LSSS, Inc. (a 503B corp.).
  • Served as managing agent for Trinity Place Apartments, a HUD facility of LSSS, Inc.; maintained Quickbooks; determined Annual Budget under HUD guidelines and assigned as the contact person for the Office Manager, Board of Directors, the CFO, independent auditors, the HUD agency and the IRS.

Cash & Control Supervisor

FARMERS INSURANCE GROUP
11.1989 - 11.2000
  • Supervised 17 clerks who processed $.5M daily premiums, mailed refund checks, & processed employee expense reports.
  • Proficient in MBO planning (Management by Objectives) for self & the department.
  • Rearranged the workflow in the first 6 months resulting in a 20% improvement in expense report processing and a 60% reduction in the agents' deposit overages/shortages.
  • Responsible for developing $600k Annual Budget and tracking activity & reporting differences.
  • Caught up a 6 month backlog of monthly & quarterly Effectiveness Reports, which involved gathering statistics and summarizing departmental goals.
  • Participated in company Strategic Management Conference & Supervisor Training programs.
  • Held the Supervisor position for 3 years; was promoted from a Senior Accountant position for 5 years and an Intermediate Accountant position for 3 years.

Education

BBA in Accounting -

Baylor University
Waco, TX
01.1989

Assoc. in Management (AIM) -

Insurance Institute of America
Malvern, PA
01.1992

Assoc. in Accounting & Finance (AIAF) -

Insurance Institute of America
Malvern, PA
01.1989

Skills

  • Proficient in MS Office (Excel/Word/Powerpoint), Quickbooks, Turbo Tax, & JD Edwards
  • Financial Analysis & Account Reconciliation
  • Budget & Variance Reports
  • Management By Objectives (MBO) training
  • Communication
  • Time Management
  • Critical Thinking
  • Attention to detail

Awards

Spot Bonus Awards from Farmers Insurance Group - 1995, Jun. 1999 & Oct. 1999

Perfect Attendance Award from Farmers Insurance Group - 1992 to 1998

Timeline

Treasurer/Accountant

ATOMIC CITY COMPUTERS, INC.
06.2009 - 06.2016

Budget & Financial Analyst

ORNL FEDERAL CREDIT UNION
06.2003 - 11.2007

Manager of Lease Administration

REGENCY CENTERS, INC.
07.2001 - 05.2002

Director of Financial Services

LUTHERAN SOCIAL SERVICES OF THE SOUTH, INC.
11.2000 - 06.2001

Cash & Control Supervisor

FARMERS INSURANCE GROUP
11.1989 - 11.2000

BBA in Accounting -

Baylor University

Assoc. in Management (AIM) -

Insurance Institute of America

Assoc. in Accounting & Finance (AIAF) -

Insurance Institute of America

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