Terry Olsen
Grayslake,IL
Summary
Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals. Hardworking and passionate job seeker with strong organizational skills eager to secure entry-level [Job Title] position. Ready to help team achieve company goals. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy. To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.
Overview
34
34
years of professional experience
Work History
Payroll Senior Manager
Walgreens
09.1999 - 01.2006
Senior Accountant
Walgreens
01.1992 - 01.2006
- Prepared monthly journal entries and reconciliations.
- Reconciled accounts and created documents for monthly closure procedures.
- Completed year-end closing processes with controllers and external auditors.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Updated general ledger with latest entries.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Evaluated and improved financial records to make important business decisions.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Prepared working papers, reports and supporting documentation for audit findings.
- Provided journal entries and performed accounting on accrual basis.
- Tracked funds, prepared deposits and reconciled accounts.
- Collected and reported monthly expense variances and explanations.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
Director of Payroll and Benefit Enrollment
Walgreens
05.2010 - Current
- Oversaw payroll processing of $10b for over 250,000 employees.
- Oversaw the processing of over 400,000 W2s on an annual basis.
- Payroll error rate was above industry standard at 99.7%. This was accomplished through leveraging automation and a highly motivated payroll team.
- Oversaw the successful implementation of SAP payroll system with no errors on the first payroll run.
- Saved the Company $3m in FY23 through identification and elimination of team member benefit that was relevant.
- Established close working relationships with HR, Accounting, Tax, Operations and Employment Law.
- Managed and motivated employees to be productive and engaged in work. My department's Payroll engagement scores were consistently better than overall Division and Company engagement scores.
- Complied with established internal controls and policies.
- Established internal audit procedures to validate and improve accuracy of payroll processing.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Evaluated and negotiated contracts to procure favorable financial terms.
- Developed and implemented payroll procedures and policies to determine compliance with regulations.
- Developed and maintained relationships with outside vendors to acquire mutually beneficial contracts.
Senior Manager, Pharmacy Receivables
Walgreens
03.2008 - 04.2010
- Provided strong leadership to enhance team productivity and morale.
- Conducted performance evaluations, compensations and hiring to maintain appropriate staffing requirements.
- Boosted team member productivity by enhancing performance monitoring and instituting motivational approaches.
- Evaluated hiring, firing, and promotions requests.
- Identified cost improvement changes and cost savings plans to increase company savings.
- Reviewed and analyzed reports, records and directives to obtain data required for planning department activities.
- Executed appropriate staffing and budgetary plans to align with business forecasts.
- Recommended and implemented successful strategies to maximize revenue.
- Established team priorities, maintained schedules and monitored performance.
- Evaluated employee performance and conveyed constructive feedback to improve skills.
- Defined clear targets and objectives and communicated to other team members.
- Cultivated positive rapport with fellow employees to boost company morale and promote employee retention.
- Trained personnel in equipment maintenance and enforced participation in exercises focused on developing key skills.
- Established performance goals for employees and provided feedback on methods for reaching those milestones.
- Successfully managed budgets and allocated resources to maximize productivity and profitability.
- Leveraged data and analytics to make informed decisions and drive business improvements.
- Controlled resources and assets for department activities to comply with industry standards and government regulations.
Pharmacy Receivable Supervisor
Walgreens
02.1998 - 02.2006
Internal Auditor
Walgreens
08.1989 - 12.1991
- Identified and reported audit issues.
- Documented recommendations to improve internal controls.
- Produced audit reports.
- Recommended new methods to improve internal controls and operating efficiency.
- Performed internal audits of financial and departmental operations, developing risk assessments and conducting process walkthroughs for compliance with documented processes.
- Guided departments in developing remediation plans based on audit findings and recommendations.
- Investigated discrepancies discovered during auditing process.
- Evaluated company's policies to determine how well standards adhered to best practices.
- Coordinated with external auditors and documented process reviews.
- Explained risk and compliance concepts to managers and executives.
- Reviewed and identified risks, analyzed controls and tested compliance.
- Prepared working papers, reports and supporting documentation for audit findings.
Education
Bachelor of Science - Accounting
Eastern Illinois University
Charleston, ILMBA - Accounting
Eastern Illinois University
Charleston, ILSkills
- Critical Thinking
- Risk Assessment
- Proactive and Focused
- Team Building Leadership
- Employee Training Oversight
- Work Planning
- Quality Assurance
- Strategy Development
- Customer Service
- Prioritizing and Planning
- Relationship Building
- Staff Recruitment and Hiring
- Goal Setting
- Operational Reporting
Accomplishments
- Supervised team of 84 staff members.
Timeline
Director of Payroll and Benefit Enrollment
Walgreens
05.2010 - Current
Senior Manager, Pharmacy Receivables
Walgreens
03.2008 - 04.2010
Payroll Senior Manager
Walgreens
09.1999 - 01.2006
Pharmacy Receivable Supervisor
Walgreens
02.1998 - 02.2006
Senior Accountant
Walgreens
01.1992 - 01.2006
Internal Auditor
Walgreens
08.1989 - 12.1991
Bachelor of Science - Accounting
Eastern Illinois University
MBA - Accounting
Eastern Illinois University
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