Marnita Caraway
Lexington,SC
Summary
Talented financial leader well-versed in accounting principles and regulations. Motivated to keep company financial operations compliant, accurate and cost-effective. Ready to bring 30+ years of experience and take on challenging new role. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.
Overview
18
18
years of professional experience
Work History
Assistant Controller
Columbia College
03.2022 - Current
- Ensured integrity of general ledger accounts through regular reconciliations, adjustments, and detailed documentation.
- Supervised Accounts Payable, Accounts Receivable, Payroll and the Staff Accountant, fostering a positive work environment and professional development opportunities.
- Implemented and improved internal controls and processes
- Ensured integrity of general ledger accounts through regular reconciliations, adjustments, and detailed documentation.
- Supervised accurate, efficient, and compliant completion of monthly financial reporting packages for the management team and Board of Trustees.
- Responsible for the preparation of Federal and State reporting analysis for Higher Ed and Non-Profits
- Managed and reconciled $25M endowment accounts
- Recommended interest-bearing accounts for all college bank accounts resulting in $1.5M additional income
- Monitored cash flow and working capital levels, optimizing liquidity positions for smooth business operations.
- Developed a comprehensive $29M budget for 27 departments, enabling effective resource allocation and expense management.
- Collaborated with external auditors to ensure compliance with regulations and successful completion of audits.
Staff Accountant
Columbia College
03.2016 - 03.2022
- Responsible for daily balancing of bank activity and monthly reconciliation of seven bank accounts
- Prepared and processed journal entries to record in general ledger and maintain consistent documentation.
- Monitored cash flow closely to ensure sufficient funds were available for operational needs.
- Maintained general ledger accuracy through regular account reconciliations, journal entry adjustments, and transaction reviews.
- Followed up with Financial Aid manager on student account discrepancies
- Monitored accounts receivable, accounts payable and other account balances to track transactions, avoid discrepancies and maintain accuracy.
- Reconciled and submitted audit reports to State of SC and all Government offices providing grants to college
- Posted and reconciled all gifts from donors with Advancement Office
- Executed financial reporting, managing prepaid accounts, schedules, reconciliations, event settlements, and month-end accruals.
- Coordinated with Human Resources department on payroll-related matters ensuring accurate compensation calculations for all employees.
- Assisted controller with year-end financial audits.
- Collaborated with external auditors to provide information for audit process.
Accounting Team Leader
Jim Hudson Automotive Group
08.2015 - 11.2015
- Handled daily bank account reconciliation
- Produced manager reports to show timely processing of contracts and documented problems
- Posted all car deals into accounting system and reconciled accounts to general ledger.
Staff Accountant and Administrative Assistant to President
JTs Automotive Group
12.2006 - 08.2015
- Handled daily Accounts Payable processes and insured timely, accurate processing of invoices, purchase orders and all payment transactions for company expenses
- Verified W-9 compliance and annually issued 1099's
- Reconciled all expenses and vendor reports to support general ledger
- Maintained all accounting related to extended warranties
- Formulated calculation and recording process for cancelled warranty refunds due customers and financial institutes
- Registered all contracts sold by three dealerships
- Insured accuracy of all related entries and balanced to warranty providers' statements and general ledger
- Verified credit worthiness and set up of Accounts Receivable customers
- Reconciled outstanding balances to general ledger, processed and mailed monthly statements
- Processed car deals to include contract readiness for financial institutes and posted deals into accounting
- Calculated cost, gross profit, and commissions on deals
- Reconciled general ledger accounts associated with accounting entries
- Calculated and processed Payroll when needed to include weekly and monthly cycles, taxes, benefits, and yearly W-2's
- Verified and set up new employees
- Assisted with Department of Motor Vehicle tag and title registration on purchased vehicle to resolve backlog
- Coordinated and organized all company functions for three dealerships
- Moderated all meetings of President's Council to include presentations of council activities at monthly employee meetings and yearly kick off meetings
- Handled all travel arrangements for managers and officers.
Education
Master of Business Administration (MBA) -
Columbia College
Columbia SC12.2023
Bachelor of Science in Accounting -
Columbia College
Columbia SC12.2020
Skills
- Cash Flow Management
- Audit Support
- Internal Controls
- Cost accounting
- Revenue Recognition
- Variance Analysis
- Expense Tracking
- Financial Planning
- General Ledger Management
- Staff Management
- Account Reconciliation
- Strategic Planning
- Accounting management
- Critical Thinking
- Proactive and Focused
Timeline
Assistant Controller
Columbia College
03.2022 - Current
Staff Accountant
Columbia College
03.2016 - 03.2022
Accounting Team Leader
Jim Hudson Automotive Group
08.2015 - 11.2015
Staff Accountant and Administrative Assistant to President
JTs Automotive Group
12.2006 - 08.2015
Master of Business Administration (MBA) -
Columbia College
Bachelor of Science in Accounting -
Columbia College
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