Lynda Marchant
Londonderry,NH
Summary
Accounting professional with comprehensive experience in financial management and team leadership. Proven expertise in streamlining accounting processes and enhancing financial reporting accuracy. Known for fostering collaborative environments and adapting to evolving business needs while maintaining high standards.
Overview
18
18
years of professional experience
Work History
Accounting Manager – AP
VitalSource Technologies – Acquired by Francisco Partners a Private Investment Firm
Remote - Boston MA
01.2020 - 01.2025
- Supervised accounts payable staff, fostering a collaborative environment to enhance workflow and accuracy.
- Executed comprehensive billing report tasks and submitted invoices for all professional services contracts to maintain financial accuracy.
- Oversaw approval of costs and coding for all accounts payable invoices.
- Contributed to seamless financial operations by calculating and posting month-end journal entries to the general ledger. Orchestrated month-end financial processes, ensuring accurate journal entry calculations and postings to the general ledger. Achieved accurate and timely month-end reporting by effectively managing journal entry postings to the general ledger.
- Analyzed and verified month-end balance sheet entries for three product lines, maintaining financial integrity and compliance.
- Reviewed and assessed accrual accounts to determine required entries for financial accuracy.
- Streamlined bank transaction processes, resulting in improved turnaround times. Facilitated timely approvals of transfer requests, enhancing service delivery.
- Produced bank reports for daily and month-end tracking, facilitating timely and accurate coding approvals.
- Reviewed and updated month-end accounts payable reports, focusing on accuracy and required accrual adjustments.
- Coordinated with FP&A department to ensure timely and precise completion of monthly and month-end reporting.
- Partnered with finance technology department to enhance project outcomes and streamline processes.
Accounting Manager
VitalSource Technologies/Ingram Content Group
Remote - Boston, MA
01.2011 - 01.2020
- Coordinated VPG activities to uphold operational integrity and consistency during transition.
- Executed comprehensive accounts payable functions, ensuring seamless integration with general ledger for VPG product line in professional services.
- Executed comprehensive accounts receivable functions, facilitating seamless integration with general ledger for VPG product line in professional services.
- Executed all general ledger operations for VPG product line, supporting financial integrity and compliance in professional services.
- Analyzed and reconciled balance sheets for all accounts within VPG product line, maintaining financial integrity.
- Conducted detailed quarterly royalty calculations and facilitated payments for Acrobatiq product line, ensuring compliance with contractual obligations.
- Achieved timely execution of quarterly retail management tasks, enhancing commission calculations for Verba product line. Optimized point of service commission processes, leading to improved payout accuracy and efficiency.
- Coordinated and executed annual billing activities across all product lines to maintain financial accuracy.
- Compiled and analyzed subscription billing data while updating deferred revenue waterfall reports for financial reporting accuracy.
- Managed customer invoice submissions across multiple third-party platforms, enhancing billing efficiency.
- Facilitated contract drafting and billing procedures for VPG product line, enhancing service delivery and client satisfaction.
- Managed daily operations of four finance associates, fostering collaboration and efficiency in financial processes.
- Designed and launched an innovative billing system, improving transaction accuracy for professional services product line.
- Coordinated with FP&A team to ensure timely completion of month-end financial reports.
- Partnered with finance technology department to enhance project outcomes and streamline processes.
- Directed accounting operations for Acrobatiq and Verba following their acquisition, ensuring financial integrity and compliance.
Full Charge Bookkeeper
VPG Integrated Technology
Boston, MA
01.2007 - 01.2011
- Executed accounts payable functions, facilitating seamless integration with general ledger systems.
- Executed accounts receivable functions, facilitating seamless integration with general ledger systems.
- Oversaw all payroll activities, ensuring accurate processing through to general ledger reconciliation.
- Achieved accurate financial reporting through effective management of general ledger activities. Delivered timely reconciliations that improved the integrity of financial data. Elevated financial accuracy by optimizing general ledger operations and processes.
- Managed customer invoice submissions on third-party platforms, ensuring accuracy and compliance with established protocols.
- Analyzed deferred revenue and systematically entered accruals into the general ledger for precise financial reporting.
- Analyzed financial data to create comprehensive annual budgets for revenue, job costs, and administrative functions.
- Prepared detailed GL variance reports, comparing budget projections with actual financial outcomes.
- Analyzed project costs across all initiatives to identify financial efficiencies and improve profitability.
- Coordinated recruitment, onboarding, and employee relations services to foster a positive workplace culture.
- Coordinated office management activities and provided comprehensive administrative support.
- Analyzed sales data to prepare and process accurate sales tax payments.
- Oversaw comprehensive preparation of job contracts while regularly updating billing reports for effective financial tracking.
- Reviewed financial data and prepared detailed reports for presentation to president and vice president.
- Gathered and structured financial data for year-end tax reporting, supporting external accounting firm in timely submissions.
- Developed and maintained office systems and procedures, adapting them as necessary to meet evolving organizational needs.
- Collaborated in the assessment and procurement of VPG, ensuring alignment with company objectives.
Education
Bachlor's - Accounting
Salem State College
Salem, MA05-1984
Skills
- Proficient in QuickBooks
- Oracle software proficiency
- Advanced Excel analytics
- Proficient in Microsoft Word
- Experience with NetSuite
- Slide creation expertise
- Proficient in Billcom
Accomplishments
- Enhanced team productivity through ongoing process enhancements.
- Increased team efficiency through continuous process improvements.
- Created a new billing system for contract work
- At VitalSource I served on the Executive Committee - Associate Engagement for three years where we created and sponsored many Associate involvement challenges and in person get fun activities.
- I played a vital role in four acquisitions over my 18 years with the Company
- Manged four Associates in all different parts of the country in the Operational Accounting Department handling $48.8 million in total Revenues
Timeline
Accounting Manager – AP
VitalSource Technologies – Acquired by Francisco Partners a Private Investment Firm
01.2020 - 01.2025
Accounting Manager
VitalSource Technologies/Ingram Content Group
01.2011 - 01.2020
Full Charge Bookkeeper
VPG Integrated Technology
01.2007 - 01.2011
Bachlor's - Accounting
Salem State College