Shannaya McFarland
Summary
Detail-oriented Accounting Manager with a robust background in financial reporting, analysis, and internal controls. Proven success in managing diverse accounting functions, including revenue reporting, journal entry preparation, and reconciliations. Seeking a challenging role to leverage skills acquired and contribute to the efficiency and accuracy of financial processes within a dynamic organization.
Overview
14
14
years of professional experience
1
1
Certification
Work History
Accounting Manager
12th Man Foundation
06.2022 - 11.2023
- Established and manage the accounts payable inbox, ensuring timely processing of invoices
- Liaise with department heads for proper coding and approval of invoices weekly
- Manage generation of checks and creation of ACH files for bank submissions ensuring timely vendor payments
- Conduct daily reconciliations of 300-400 ticketing, donation, and stripe transactions ensuring accuracy and consistency
- Upload daily cash receipts into accounting system maintaining up-to-date financial records
- Prepare monthly journal entries for ticket sales and bank transfers ensuring accurate financial reporting
- Serve as a Concur administrator, managing expense reports to ensure compliance
- Review, approve and upload Concur expense reports monthly, ensuring adherence to company policies
- Prepare, disburse and file 1099s for foundation vendors ensuring compliance with tax regulations.
Assistant County Auditor
Brazos County
07.2020 - 06.2022
- Conducted rigorous, testing, review, and evaluation of internal controls' financial and operational effectiveness across diverse county locations
- Utilized Oracle to develop comprehensive monthly expense reports, meticulously tracking expenditures against budgets for multiple locations, totally over $1.5 million annually
- Skillfully prepared and filed Sales & Use tax documents for Brazos County ensuring compliance and accuracy in financial reporting.
Finance Analyst
NCR
06.2019 - 07.2020
- Provided guidance by coaching, mentoring, and leading a team of six students, ensuring seamless payables and receivables support for local office accountants
- Executed essential month-end tasks, contributing significantly to the successful closure of accounts for the Pennsylvania/Washington DC office
- Facilitated the onboarding process by submitting ERP access requests to IT for new employees, streamlining their integration into the system
- Utilized CashPro to generate detailed monthly cash reports and meticulously reconcile cash accounts, ensuring accurate financial records
- Applied tax knowledge to competently prepare and file 1099s for various local hospitality offices across the county, maintaining compliance and financial accuracy.
Staff Accountant
AvidXchange
08.2017 - 06.2019
- Executed essential month-end accounting tasks with precision, guaranteeing the accuracy and integrity of financial records
- Implemented rigorous analysis of customer contracts to ensure revenue recognition in accordance with ASC 606, enhancing financial transparency
- Fostered collaborative partnerships with cross-functional teams including FP&A, IT, and Legal, ensuring accurate and timely accounting entries, and promoting seamless interdepartmental communication
- Conducted in-depth analysis of Profit and Loss statements, identifying, and explaining fluctuations, providing valuable insights for strategic decision-making
- Managed daily banking operations, overseeing ACH and Wire transactions, ensuring the smooth flow of financial transactions
- Spearheaded the development of comprehensive cash flow forecasting and analysis, providing senior management with valuable insights for periodic reviews, contributing to informed financial planning
- Successfully managed relationships with financial service providers, overseeing corporate bank accounts totaling $160 million, ensuring optimal financial management and liquidity for the organization.
Treasury Analyst
Dollar Express
07.2016 - 08.2017
- Played a key role in the acquisition and sale of Dollar Express, contributing to the success of the transaction through active participation and strategic insights
- Conducted a thorough review of store balancing procedures, identifying areas for improvement, and recommending enhancements that led to a 30% reduction in variances, ensuring financial accuracy and integrity
- Demonstrated proficiency by efficiently opening and closing bank accounts across multiple financial institutions, managing the entire process with precision and attention to detail
- Skillfully collected and managed signatories and bank account documentation, ensuring compliance with regulatory requirements and facilitating smooth banking operations
- Maintained meticulous daily cash positioning, optimizing cash management strategies, and ensuring liquidity for operational needs
- Collaborated with IT professionals to configure bank files seamlessly loaded into reconciliation software, streamlining the reconciliation process, and enhancing overall efficiency.
Staff Accountant
Hearst
08.2015 - 07.2016
- Oversaw month-end accounting responsibilities for magazine brands in the APAC region, ensuring meticulous financial management and reporting
- Demonstrated expertise in reading and interpreting contracts, enabling precise application or accrual of royalty revenue in alignment with contractual agreements
- Produced monthly foreign exchange (FX) rates and cash reports, disseminating them to accounting managers, fostering informed decision-making and financial transparency.
Sales Audit Representative
Caleres (Brown Shoe Company)
06.2013 - 08.2015
- Cultivated and maintained strong relationships with multiple banks, overseeing deposits for 500 stores and ensuring seamless financial transactions
- Employed CashPro to conduct daily reconciliation of store deposits, guaranteeing accurate financial records and reconciliation processes
- Collaborated closely with credit card companies to obtain Merchant IDs, a critical step for approximately three new store openings in the US and Canada every month, facilitating smooth payment processing
- Conducted thorough investigations into chargebacks, successfully identifying and canceling fraudulent gift card purchases totaling over $7,000, safeguarding the company against financial losses.
Wholesale Staff Accountant
Caleres (Brown Shoe Company)
09.2011 - 06.2013
- Leveraged my expertise in accounts payable to successfully execute the post-acquisition integration of American Sporting Goods (ASG), ensuring a seamless transition and efficient consolidation process
- Developed and implemented rigorous procedures for accounting functions related to the acquisition of American Sporting Goods, meticulously aligning them with Generally Accepted Accounting Principles (GAAP) standards, ensuring accuracy and compliance
- Managed the calculation and preparation of quarterly tax estimates and monthly intercompany settlements for ASG, demonstrating precision in financial planning and intercompany transactions
- Conducted meticulous Balance Sheet account reconciliations for various categories including freight, prepaid expenses, accounts receivable, and accounts payable, ensuring financial accuracy and integrity.
Accounts Payable Specialist
Caleres (Brown Shoe Company)
05.2009 - 09.2011
- Efficiently oversaw the prompt processing of up to 3,000 invoices (totaling $15 million) monthly across various stores and divisions.
- Cultivated and maintained relationships with shoe vendors associated with Famous Footwear.
- Generated weekly forecasts for multiple divisions.
- Crafted comprehensive accounting reports that distilled A/P data, facilitating effective inventory control and supporting various departments.
Education
Bachelor of Science, Business Administration -
Maryville University
St. Louis, MO05.2011
Skills
- GAAP
- Month-End Reporting
- SOX
- ASC606
- Team Management
- Interpersonal Communication
- Detail Oriented
- Analytical
- SaaS
- E-Commerce
- Data-Driven
- Internal Controls
- Statement Review
- Audits
Certification
- Certificate, Project Management, Google, Online, 12/2023
- QuickBooks ProAdvisor, 05/2023
- Certification, FinTech Law & Policy, Duke University, Online, 07/2021
- Certification, Foundations & Applications of FinTech, Univ of Pennsylvania, Online, 05/2021
Software Programs
- Microsoft Office Suite
- Google Workplace
- Monday.com
- Slack
- Oracle
- NetSuite
- SAP
- Concur
- Abila
- QuickBooks Desktop & Online
- Gusto
- ReconNet
- Blackline
- Multiple online bank portals
Timeline
Accounting Manager
12th Man Foundation
06.2022 - 11.2023
Assistant County Auditor
Brazos County
07.2020 - 06.2022
Finance Analyst
NCR
06.2019 - 07.2020
Staff Accountant
AvidXchange
08.2017 - 06.2019
Treasury Analyst
Dollar Express
07.2016 - 08.2017
Staff Accountant
Hearst
08.2015 - 07.2016
Sales Audit Representative
Caleres (Brown Shoe Company)
06.2013 - 08.2015
Wholesale Staff Accountant
Caleres (Brown Shoe Company)
09.2011 - 06.2013
Accounts Payable Specialist
Caleres (Brown Shoe Company)
05.2009 - 09.2011
Bachelor of Science, Business Administration -
Maryville University
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