Accounting Manager
Hosmer-Dorrance Corporation
- Assisted in preparing monthly financial reports and reconciliations.
- Supported accounts payable and receivable processes to ensure timely payments.
- Learned to utilize accounting software for tracking expenses and revenues.
- Collaborated with team members on budget preparation and forecasting activities.
- Adapted quickly to new accounting regulations and standards as required.
- Participated in improving workflow processes for financial documentation efficiency.
- Provided administrative support during internal audits, ensuring thorough documentation review.
- Managed journal entries, collection efforts, reconciliations, and payroll processing.
- Managed banking reconciliations and monthly balance sheet statements.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
- Developed and implemented various procedures to improve accounting process.
- Streamlined month-end closing procedures resulting in reduced processing time without compromising accuracy or completeness of the reports generated.
- Reduced discrepancies in financial data with thorough account reconciliations and adjustments.
- Managed successful audits by collaborating effectively with internal and external auditors.
- Collaborated with other departments to achieve accurate and prompt financial reporting.
- Coordinated efforts between the accounting team and other departments to ensure accuracy in interdepartmental transactions recording and proper cost allocation.
- Achieved timely financial reporting through diligent preparation and analysis of monthly, quarterly, and annual reports.
- Analyzed and reported on financial data to support business decisions.
- Optimized cash flow management through careful analysis of accounts receivable, accounts payable, inventory levels, and working capital requirements.
- Conducted detailed variance analyses to identify areas of improvement in financial performance.
- Assisted executive management in making informed business decisions with accurate ad-hoc financial analysis as needed.
- Implemented efficient budgeting processes to forecast expenses and monitor actual performance against projections.
- Reviewed analyzed, and improved the overall effectiveness of existing internal controls over financial reporting.
- Implemented robust controls for expense management, significantly reducing unnecessary expenditures.
- Reduced outstanding accounts receivable through more effective communication strategies with clients.