Summary
Overview
Work History
Education
Skills
Hobbies
Timeline
Generic

Sophie Barrett

Germantown,TN

Summary

Results-driven Finance Manager experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings. Meticulous, conscientious and methodical in approach.

Overview

6
6
years of professional experience

Work History

Finance Manager

Chi Omega
05.2023 - Current
  • Oversees revenue and expense transaction imports, diligently identifying and investigating variances
  • Leads month-end and fiscal year-end closing processes, ensuring timely and accurate financial reporting and analysis
  • Prepares monthly reconciliation of bank accounts and takes corrective actions on deviations.
  • Supports operations management, sales, and marketing efforts to increase revenue and overall financial health.
  • Monitors budget and revenue trends, compiling reports for company leadership to inform decision-making.
  • Review documentation and identified financial discrepancies where applicable
  • Efficiently processes payroll for 60+ employees, managing biweekly payroll of nearly $200K
  • Calculates and recorded intercompany transactions, reconciling amounts owed between Foundation and retail store entities
  • Conducts onboarding procedures, reviews tax statuses, and oversees background checks and drug tests for new hires
  • Posts journal entries and completed cash and balance sheet account reconciliations for accurate financial reporting
  • Prepares consolidation and allocation entries to ensure accurate financial reporting across entities
  • Manages retail accounting, posting sales entries, identifying non-taxable transactions, and calculating cost of goods sold (COGS)
  • Files use tax for taxable retail transactions, ensuring compliance with tax regulations
  • Collaborates with auditors during annual audits, providing necessary documentation and resolving queries
  • Executes vendor setup and payment, administration of bank accounts and account reconciliations.

Accountant

Benenson Strategy Group
06.2021 - 05.2023
  • Managed month-end close activities including journal entries, account reconciliation, financial statement analysis, and end-of-month reporting, and prepared periodic work papers capturing intra-company entries for consolidation.
  • Completed daily cash functions like account tracking, budgeting, and cash, and banking reconciliations.
  • Documented cash, credit, fixed assets, and accrued expenses.
  • Ensured all financial records and statements were in compliance with laws, regulations, and generally accepted accounting principles (GAAP) for public subsidiary generating $16 million per annum.
  • Timely review of contracts and other related documents, including but not limited to master agreements, non-disclosure agreements, consulting agreements, and statements of work.
  • Automated accounts payable system by implementing Beanworks framework to process and enter 1,000+ a/p items per annum.
  • Spearheaded Method CRM project management software with IT department to better streamline project management and revenue collection processes; troubleshooted and resolved myriad implementation issues, which saved firm about $20,000 per annum.
  • Prepared special audit and control reports by collecting, analyzing, and summarizing operating information and trends.
  • Handled day-to-day accounting processes to drive financial accuracy.

Accounts Payable/Receivable Specialist

Benenson Strategy Group
06.2019 - 06.2021
  • Achieved $5,000+ annual savings through thorough expense review during COVID-19 crisis
  • Managed invoice processing, ensuring accuracy and timely disbursements, while obtaining necessary approvals
  • Handled revenue validation, including charge computation, refund processing, invoice preparation, and delinquent account management.
  • Prepared monthly reports of accounts receivable and accounts payable for management review.
  • Handled day-to-day accounting processes to drive financial accuracy
  • Recorded deposits, reconciled monthly bank accounts and tracked expenses

Office Manager/ Bookkeeper

Virginia’s Kitchen
08.2018 - 06.2019
  • Ensured compliance with security regulations by studying and enforcing legal requirements, guiding management on necessary actions.
  • Established and managed staff recruitment, testing, and interview procedures, offering guidance to enhance candidate selection.
  • Proficient in accounting, auditing principles, A/P, A/R, general ledger tasks, invoicing, taxation, and regulatory compliance.
  • Managed payroll updates for 20+ employees bi-weekly, including exemptions, insurance, savings deductions, and job changes.
  • Prepared 1099s and sales tax returns for Virginia's Kitchen, LLC.
  • Updated reports, managed accounts, and generated reports for company database.

Office Manager/ Bookkeeper

PTB Management
11.2017 - 08.2018
  • Conveyed audit results through final reports and discussions with entities such as the state of Colorado and the city of Denver.
  • Supported Compliance Director on federal and state compliance; aided CEO in budgeting, payroll for 30+ employees, and HR functions like feedback and coaching.
  • Managed accounts receivable by generating invoices, and accounts payable by categorizing company expenses, purchases, and liabilities.
  • Ensured accurate subsidiary account balances by reconciling cash transactions.

Education

BA - Liberal Arts

Southern Virginia University
Buena Vista, VA

CPA Track - Accounting

University of Colorado
Denver, CO
12.2024

Skills

  • Financial analysis & reporting
  • General Ledger Accounting & Reconciliation
  • Financial Statement Preparation
  • US GAAP Standards and SOX compliance and audits
  • Consolidation Accounting
  • PCOAB Work Paper preparation
  • Journal Entries & double-entry accounting
  • Accrual and cash-based accounting
  • Fixed asset maintenance
  • Revenue recognition
  • Management and Leadership
  • Expense Analysis Month-end closing procedures
  • Federal & state tax codes
  • Microsoft Excel
  • Tableau
  • Sage & Quickbooks

Hobbies

  • Crocheting
  • Running
  • Reading

Timeline

Finance Manager

Chi Omega
05.2023 - Current

Accountant

Benenson Strategy Group
06.2021 - 05.2023

Accounts Payable/Receivable Specialist

Benenson Strategy Group
06.2019 - 06.2021

Office Manager/ Bookkeeper

Virginia’s Kitchen
08.2018 - 06.2019

Office Manager/ Bookkeeper

PTB Management
11.2017 - 08.2018

BA - Liberal Arts

Southern Virginia University

CPA Track - Accounting

University of Colorado

Similar Profiles

CREATE PROFILE
Sophie Barrett