Michael Acosta

• Prepared monthly bank reconciliations to ensure accurate representation of company''s financial position.
• Tracked expenses and income for businesses while organizing and maintaining bank statements for checking accounts.
• Posted daily receipts and payments in accordance with corporate protocols.
• Monitored incoming payments from clients, ensuring prompt application of funds against outstanding invoices.
• Maintained accurate records of all transactions, ensuring compliance with company policies and applicable regulations.
• Enhanced cash flow management through timely invoicing and collection of outstanding receivables.

· Maintained an accurate fixed asset register of the NBA's capital assets ensuring that assets to be capitalized are in accordance with the NBA's fixed assets policy.

· Prepared timely reconciliations ensuring that fixed assets on the NBA's balance sheets agreed with PeopleSoft sub-ledgers.

· Timely entered laptops deployed to NBA staff into PeopleSoft.

· Maintained communication with IT department on statuses of numerous capital projections which drove depreciation expense.

· Assisted the Senior Accountant, League Accounting with monthly entries needed to ensure accurate reporting of the NBA's overhead departments.

· Prepared timely reconciliations of the Leagues cash accounts including the Leagues payroll cash account.

· Assisted in the preparation of and provided support for year-end audit reports; interacted with external auditors.

· Provided royalty accounting data entry support to the Global Merchandising Group.

· Uploaded and posted monthly and quarterly royalty reports from over 300 licensees.

· Recorded and tracked cash and royalty revenue for all NBA divisions.

· Prepared monthly journal entries related to the NBA Developmental League and Women's NBA divisions within PeopleSoft Finance.

· Prepared monthly account reconciliations for NBADL and WNBA A/R and Liability accounts.

· Successfully prepared and consolidated royalty revenue due to the Retired Players Association that exceeded $3m in revenue.