LYUDMILA KUTAKH
Fulshear,TX
Summary
Accounting professional with expertise in financial management and compliance. Managed financial operations for 22 non-profit corporations, ensuring adherence to GAAP and HUD regulations. Cultivated strong partnerships with clients, vendors, auditors, and HUD account executives while leading teams to address dynamic business challenges.
Overview
2
2
Languages
24
24
years of professional experience
Work History
Senior Accounting Manager – HUD
Momentum Innovative Disability Services
Los Angeles, California
01.2008 - Current
- Manage financial operations in accordance with GAAP and ensure HUD regulatory compliance for multiple tax-exempt corporations (22 entities)
- Ensure strict adherence to applicable internal controls and compliance
- Issue, review, and analyze financial statements on a monthly basis
- Conduct monthly bank reconciliations for 72 accounts, ensuring accuracy and compliance across operating, replacement reserve, savings, and surplus cash accounts
- Execute monthly inter-company reconciliations
- Monitored daily operational cash balances for all entities and facilitated cash transfers in accordance with HUD authorization.
- Managed billing and accounts receivable processes to ensure timely invoicing and collection of payments.
- Managed accounts payable department to ensure timely processing of invoices and payments to vendors.
- Collaborate with property management to evaluate capital needs for 22 HUD-subsidized projects, aligning financial strategy with project requirements
- Develop annual budgets and evaluate variances for 22 HUD-subsidized projects
- Submit annual budget packets and supporting documentation to HUD for review, approval, and funding
- Oversee and coordinate annual audits while submitting audited reports to HUD REAC
- Compile and file quarterly and annual regulatory compliance reports with local agencies, maintaining adherence to all regulatory requirements
- Renew annual business tax certificates through Secretary of State for 22 entities.
Manage registrations in System for Award Management for all 22 entities. - Prepare annual 1099 forms for all eligible vendors
- Collaborate closely with company consultant(s) to identify and strategize pre-merger tasks for upcoming merger
- Support company CFO in annual board of directors meeting preparation
Accountant – Advanced Level Tax Accountant
Holthouse, Carlin & Van Trigt LLP
Santa Monica
01.2006 - 12.2007
- Compiled federal and multi-state income tax returns for individuals and diverse business entities
- Analyzed accounting and income tax discrepancies, devising actionable solutions to resolve issues and enhance compliance.
- Built strong business relationships with firm personnel and clients, facilitating cooperation and communication on tax matters. Contributed to timely achievement of tax deadlines across multiple engagements, ensuring client satisfaction and compliance. Proactively reported work status and concerns to managers and partners in a timely manner
Business Teller
Wells Fargo Bank
03.2002 - 12.2005
- Delivered exceptional customer service in fast-paced environment to meet client needs
- Processed transactions as a business line teller, maintaining accuracy and efficiency
- Processed customer transactions accurately and efficiently at a leading financial institution.
- Assisted customers with account inquiries, providing excellent service and support.
- Maintained cash drawer integrity through careful balancing and reconciliation processes.
Education
Bachelor of Science - Accountancy
CALIFORNIA STATE UNIVERSITY, NORTHRIDGE (CSUN)
Northridge, CA01-2006
Bachelor of Science - Sociology
KHARKIV STATE UNIVERSITY
UKRAINE01-1999
Skills
- GAAP standards knowledge
- HUD compliance
- Financial reporting
- Inter-company reconciliations
- Multi-entity reporting
- Financial audits and compliance
- Compliance with State and Municipal regulatory requirements
- Proficient in Great Plains (GP)
- Microsoft Office applications
- Staff supervision
- Prioritizing and planning
- Attention to detail
- Stakeholder Engagement
Languages
Russian
Professional
Ukrainian
Professional
Timeline
Senior Accounting Manager – HUD
Momentum Innovative Disability Services
01.2008 - Current
Accountant – Advanced Level Tax Accountant
Holthouse, Carlin & Van Trigt LLP
01.2006 - 12.2007
Business Teller
Wells Fargo Bank
03.2002 - 12.2005
Bachelor of Science - Accountancy
CALIFORNIA STATE UNIVERSITY, NORTHRIDGE (CSUN)
Bachelor of Science - Sociology
KHARKIV STATE UNIVERSITY