Luz B. McLaughlin
Virginia Beach,VA
Summary
A self-motivated finance and accounting professional with a verifiable record of accomplishments. Highly creative, recognized as a results-oriented and solution-focused individual. Experienced in various facets of accounting and finance, with proven ability in financial statement preparation, management information systems, sales accounting, billing, budgeting, and cost control analysis.
Finance professional with strong background in accounting and financial management. Known for accuracy in financial reporting and ability to streamline accounting processes. Collaborative team player focused on delivering results and adapting to changing needs. Skilled in financial analysis, regulatory compliance, and budget management.
Overview
24
24
years of professional experience
1
1
Certification
Work History
Senior Accountant
WESTMINSTER-CANTERBURY
01.2013 - Current
- Company Overview: Life Care community
- Performs various advanced and specialized accounting duties, independently and without additional review, involving all financial subsystems including general ledger entries, balancing and reconciling assigned records and accounts
- Analyze significant ‘actual to budget’ monthly expense variances
- Assist in the preparation of financial statements and other financial-related managerial reports
- Lead or participate in special departmental assignments or projects
- Serves as point of contact for Accounting functions
- Lead audit and budgeting activities by assisting Department Managers and Supervisors
- Lead the annual audit process and coordinate with outside auditors
- Prepare lead schedules for audit and coordinate activities with the GL team
- Lead the month-end close cycle by scheduling and assisting with the GL team’s completion of tasks
- Maintain the general ledger to ensure it is in good standing
- Analyze and adjust variances of general ledger accounts
- Prepare annual departmental budgets in conjunction with department heads
- Prepare, analyze, and review monthly departmental financial statements, variance reports, and other managerial reports
- Partner with department heads to be fiscally responsible and manage finances for operations
- Assess internal controls, including risk assessments and risk areas
- Review and import entries from the accounts receivable into the general ledger
- Verify that entries have been imported completely and accurately
- Review and post monthly journal entries to the general ledger
- Review accounts receivables and daily receipts journal to the proper accounts
- Prepare annual property tax reports and business license applications
- Prepare account and bank reconciliations
- Participate as a team member in special departmental or community-wide projects as assigned
- Assess and recommend improvements in accounting and financial processes
- Enhanced profit and loss analysis accuracy by 28% through implementing automated data validation processes
- Directed the annual budget preparation process, resulting in optimized resource allocation and a 10% reduction in operational costs
- Implemented SOX controls, resulting in zero deficiencies during the annual audit, achieving full compliance
- Led financial forecasting efforts, increasing revenue prediction accuracy by 20%
- Coordinated with multiple departments to streamline financial reporting, resulting in a 15% decrease in report turnaround time
- Life Care community
Financial Analyst
WESTMINSTER-CANTERBURY
01.2013 - Current
- Company Overview: Life Care community
- Monitor, and evaluate accounting and financial systems that support accounting, patient/client business services, financial and statistical reporting, and benchmarking
- Supports the design, testing, implementation, and evaluation of automated and manual accounting systems
- Collaborate with business users to evaluate and implement new frameworks within the organization
- Develop risk mitigation plans and troubleshoot technical issues
- Find improvement opportunities and use a logical approach to implement solutions, produce and track key metrics and other financial indicators through automated processes and KPI dashboards
- Responsible for maintaining internal database files and tables and developing custom reports to meet the requirements of finance management and staff
- Lead annual budget process, and train staff and end-users that full capabilities of systems are maximized
- Serves as the department’s finance expert for electronic accounting, budgeting, and modeling systems and works with the IT department to ensure that the system is kept current
- Support special projects as assigned such as setting up accounting processes for new business units, most recently the acquisition of a 170-unit rental property for seniors
- Life Care community
Accountant II
WESTMINSTER-CANTERBURY
01.2013 - Current
- Company Overview: Life Care community
- Performs a variety of specialized accounting duties including, but not limited to, the review, analysis, and reconciliation of assigned general ledger accounts ensuring compliance with accounting standards and internal policies to maintain financial reporting that is reasonable and appropriate
- Preparation, analysis, and review of monthly variance reports
- Compilation and maintenance of employee pension data; maintenance of the fixed asset system and capital expenditure analysis, monitor investment accounts, analyzing payroll data and reporting unfavorable labor hours, act as a resource for and guiding junior team members
- Instrumental in streamlining reporting procedures in various accounting areas and slashed processing time by creating efficient Excel reports
- Serves as finance expert on accounting of the company’s retirement program, calculates annual profit sharing, and assists CFO in presentation to the Board for approval
- Responsible for tax reporting of sales and use tax, real estate and personal property, and business taxes
- Respond to government-required annual business surveys
- Assists in the monthly close, and financial reporting and provides variance explanations
- Prepare assigned accounting schedules and/or reports for annual audit, and assist in annual budget preparation
- Serves as financial/accounting liaison and support for 16 departments, prepares monthly financial statements and presentations for Executive management using PowerPoint and Google Slides
- Life Care community
Senior Accountant
TRITON STONE OF VA, LLC
01.2012 - 12.2012
- Company Overview: Home Improvement Retailing
- Newly established partnership less than 3 years in Virginia, I was brought in to set-up and review accounting procedures and processes
- Set up accounting procedures for cash, accounts payable, accounts receivable, payroll and fixed assets
- Primary responsibility is to prepare financial statements and supporting schedules, facilitate and complete monthly close procedures - ensure the integrity of accounting information by recording, verifying, consolidating and maintaining applications
- Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies
- Prepares monthly account reconciliations
- Secures financial information by completing database backups, protects organization's value by keeping information confidential
- Lead financial and tax audits, tax return preparation and corporate reporting requirements
- Home Improvement Retailing
Accountant/P&E Analyst
GE MOBILE WATER, INC.
01.2004 - 12.2011
- Company Overview: Water process technology
- Successfully delivered asset management including inventory and project finance functions for the water business of GE’s energy division, handled intercompany AP/AR transactions, and supported the monthly closing activities and financial reporting using Epicor, Solomon, and SAP systems
- Coordinated asset requisitions, supported Ops Investment council cases, provided capitalization guidance, supported engineering cost liquidation, and led monthly construction in progress discussions
- Worked closely with the operation to track an average of 150-200 water system projects and provided project budget vs
- Actual cost analysis
- Coordinated project completion status from engineering and fabrication teams to management, and upon project closure established the actual value of equipment built, moved it to fixed asset register to begin depreciation
- Completed 100+ account reconciliations using GBS system on a monthly and quarterly basis
- Supported business changes – GE acquisition integration process, ERP projects, and business consolidation requiring data migration from one system to another, taking on additional responsibilities as these conversions transpired
- Water process technology
Senior Accountant
AVESIS, INC. (Healthscribe Inc.)
01.2001 - 12.2004
- Company Overview: Medical Transcription Service
- Responsible for overall accounts payable process, including bi-monthly check runs, wire transfers, ACH transactions, and oversight of staff accountant’s supplier invoice processing, coding, and data entry in the Microsoft Dynamics Accounting system
- Maintained fixed asset tracking using Sage FAS software, performed monthly closing activities, prepared monthly account reconciliation, and reconciled bank accounts
- Teamed up with the finance leader in the preparation of the monthly reporting packages, and provides operational cost variance analysis and explanations
- Prepared and filed monthly and quarterly state sales tax and annual distribution of form 1099s
- Awarded 2 promotions in 1 year, from Staff Accountant to AP Manager and Senior Accountant based on performance and contributions to the team
- Medical Transcription Service
Education
BACHELOR - ACCOUNTANCY
Polytechnic University of the Philippines
Skills
- General ledger accounting
- Financial statement review
- Accounts receivable management
- Audit preparation
- Pension accounting
- Financial statement preparation
- Month-end closing management
- Operating Budgets
Certification
- CPA - Philippines certification
- Post-Grad CPA Professional Review and Training Certification
References
Available upon request
Softwareproficiencies
- DBASE III Programming
- Peachtree Accounting
- QuickBooks
- Real World Accounting
- Epicor
- Solomon
- SAP
- Oracle
- Sage MAS Accounting system
- Microsoft Dynamic Great Plains
- Sage FAS Fixed Asset System
- Sage ABRA Payroll System
- UKG Payroll System
- UltraCare
- Vision MyUnity
- Point Click Care
- Entrata Property Management
- Bill.com
- Crystal reports
- MS Management Reporter
- Business Intelligence
- Prophix Financial Planning Solutions
- Microsoft Office (Word, Excel, Outlook, Access, PowerPoint)
- Google (Docs, Sheets, Slides)
- FinAid
- AV Powell
- GiftWrap
Timeline
Senior Accountant
WESTMINSTER-CANTERBURY
01.2013 - Current
Financial Analyst
WESTMINSTER-CANTERBURY
01.2013 - Current
Accountant II
WESTMINSTER-CANTERBURY
01.2013 - Current
Senior Accountant
TRITON STONE OF VA, LLC
01.2012 - 12.2012
Accountant/P&E Analyst
GE MOBILE WATER, INC.
01.2004 - 12.2011
Senior Accountant
AVESIS, INC. (Healthscribe Inc.)
01.2001 - 12.2004
- CPA - Philippines certification
- Post-Grad CPA Professional Review and Training Certification
BACHELOR - ACCOUNTANCY
Polytechnic University of the Philippines
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