Summary
Overview
Work History
Education
Skills
Military Service
Timeline
Generic

Terry Szarowicz

Las Vegas,NV

Summary


Accounting professional prepared to manage financial operations and drive organizational success. Strong track record in developing accounting systems and financial strategies. Proven expertise in budgeting, regulatory compliance, and financial reporting. Known for collaborative approach and adaptability in dynamic environments, leveraging analytical skills and leadership to achieve results. Strong focus on developing collaboration between accounting, finance, and senior management to achieve optimal financial results. Known for adaptability and reliability and highly valued for strategic thinking and effective problem-solving.

Overview

15
15
years of professional experience

Work History

Financial Controller and CFO

Medical Solutions Ventures, Inc.
11.2019 - 11.2024
  • Responsible for overseeing all daily accounting activities and reporting, including general ledger and sub-ledger accounting, and preparation of financial statements in accordance with generally accepted accounting principles (GAAP)
  • Monitored accounting controls, completed internal audits of various financial procedures, and assisted outside CPA firm with annual audit and tax return preparation
  • Prepared month-end close, work paper reconciliations, bank reconciliations, and monthly state and local sales tax returns
  • Developed key performance indicators (KPIs) and performed all cost accounting functions, including comparison of actual to budgeted financial performance and investigation of variances
  • Audited inventory and prepared month and year-end adjusting journal entries to account for any discrepancies
  • Analyzed and evaluated detailed and relevant budgetary and financial information, in cooperation with the CEO and board of directors, to choose the best fiscal solutions
  • Specialized in managing accounting and finance personnel to prepare and deliver timely and consistent financial records and provide upper management with analytical decision-making support
  • Implemented and utilized enterprise resource planning (ERP) software to generate up-to-the-minute financial reports, prepare budgets, and track corporate financial objectives
  • Oversaw all aspects of the month-end close process, ensuring timely completion of accurate financial statements for executive review.
  • Maintained strong relationships with external auditors, facilitating smooth annual audit processes and addressing any concerns promptly.
  • Reduced operating costs through meticulous budget management and cost analysis.
  • Improved financial reporting accuracy by streamlining processes and implementing efficient financial controls.
  • Conducted regular variance analyses between actual results and budget projections to identify trends or issues requiring further investigation or action by management staff.
  • Planned budgets, authorized expenditures, monitored accounting processes, established service rates and coordinated financial reporting to oversee all fiscal procedures.
  • Developed comprehensive financial models for strategic planning and decision-making purposes.
  • Collaborated with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis.
  • Identified areas for operational improvement through detailed financial analysis, leading to increased profitability and reduced expenses.
  • Led organizational cash flow and cash flow forecasting initiatives.
  • Supported executive-level decision making through the development of clear KPIs, financial metrics and dashboards.
  • Prepared balance sheets, cash flow reports and income statements.
  • Contributed to the development of long-term strategic plans by providing executive management with accurate financial data and forecasts.

Financial Controller

Malama I Ke Ola Health Center
12.2018 - 10.2019
  • Oversaw all aspects of the month-end close process, ensuring timely completion of accurate financial statements for executive review.
  • Managed payroll data entry and processing 40+ employees to comply with predetermined company guidelines.
  • Maintained strong relationships with external auditors, facilitating smooth annual audit processes and addressing any concerns promptly.
  • Enhanced quality and currency of financial information by overseeing revenue collection systems.
  • Projected monthly cash expenditures through efficient budgeting and detailed document reviews.
  • Increased flow of financial information throughout company by improving communication strategies.
  • Worked with company executives to create annual budget and track actual expenses against projected expenses.
  • Created and distributed reports on internal and external finances, audits, and budgets.
  • Directed corporate decision-making and planning by monitoring and setting policies and procedures to optimize fiscal performance.
  • Introduced internal controls to monitor critical areas of financial control and incorporated corrective actions to address risks or deficiencies.
  • Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
  • Managed daily financial functions in collaboration with accounting and payroll personnel.
  • Prepared balance sheets, cash flow reports and income statements.
  • Contributed to the development of long-term strategic plans by providing executive management with accurate financial data and forecasts.
  • Spearheaded the implementation of new accounting software, resulting in increased efficiency and improved financial tracking capabilities.
  • Supported executive-level decision making through the development of clear KPIs, financial metrics and dashboards.
  • Collaborated with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis.

Assistant Controller

William E. Mosher Health Center
10.2013 - 09.2018
  • Responsible for all aspects of daily accounting functions, including accounts receivable and accounts payable, adjusting journal entries, and preparation of monthly and year-end accounting records and financial statements
  • Analyzed and evaluated detailed and relevant budgetary and finance information to choose the best fiscal solutions for the health center by investigating variances and implementing best accounting practices
  • Specialized in managing accounting and finance personnel to prepare and deliver timely and consistent financial records and provide upper management with analytical decision-making support
  • Ensured integrity of general ledger accounts through regular reconciliations, adjustments, and detailed documentation.
  • Facilitated cross-functional collaboration by partnering with other departments on special projects aimed at improving overall company performance.
  • Mentored junior team members in accounting best practices, fostering a positive work environment and professional development opportunities.
  • Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
  • Assisted in the preparation of accurate financial statements, supporting company growth and decisionmaking.
  • Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
  • Identified areas for cost-savings by conducting regular reviews of vendor contracts and negotiating favorable terms when possible.

Senior Staff Accountant

Newman & Associates, CPAs
09.2009 - 10.2013
  • Provided client services covering all aspects of public accounting, including preparation of personal and corporate tax returns and financial statements
  • Performed audits of accounting and tax records and prepared year-end adjusting journal entries
  • Installed computerized accounting system software and trained business clients on their proper use, while also being QuickBooks ProAdvisor certified
  • Specialized in SOX 404 and U.S
  • GAAP consultation and auditing functions for publicly traded companies
  • Continuously improved accounting skills through regular professional development opportunities, staying up-to-date with industry trends and best practices.
  • Spearheaded the implementation of new accounting software that streamlined data entry processes, increased accuracy in financial reporting, and reduced time spent on manual tasks.
  • Calculated tax owed, prepared, and submitted returns and upheld compliance with all applicable laws.
  • Prepared accounts for industry audits and supported audit process.
  • Developed and implemented effective accounting systems.
  • Ensured accurate capital asset tracking by conducting periodic inventory counts and updating depreciation schedules accordingly.
  • Prepared monthly journal entries and reconciliations.
  • Completed year-end closing processes with controllers and external auditors.
  • Contributed to hiring, training and development of accounting teams.
  • Provided journal entries and performed accounting on accrual basis.
  • Trained new employees on accounting principles and company procedures.
  • Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
  • Identified legal tax savings and recommended ways to improve profits.
  • Prepared working papers, reports and supporting documentation for audit findings.
  • Used accounting software to issue tax returns and prepare consolidated reports.
  • Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
  • Developed financial models to assess and analyze financial performance of clients.
  • Found tax solutions to complicated tax issues or errors from incorrect tax filings.

Education

Master of Science - Accounting

University of Central Florida

Bachelor of Science - Accounting

University of Florida

CPA Exam Eligible

American Institute of Certified Public Accountants (AICPA)

Skills

  • Accounting management
  • Internal accounting system development
  • Financial controls administration
  • Financial strategy oversight
  • US GAAP expertise and compliance
  • Financial modeling and analysis
  • Financial statement preparation
  • Month-end and year-end closing
  • Capital budgeting
  • Cash flow management
  • Financial reporting oversight
  • Corporate accounting team supervision

Military Service

United States Air Force, Honorable Discharge

Timeline

Financial Controller and CFO

Medical Solutions Ventures, Inc.
11.2019 - 11.2024

Financial Controller

Malama I Ke Ola Health Center
12.2018 - 10.2019

Assistant Controller

William E. Mosher Health Center
10.2013 - 09.2018

Senior Staff Accountant

Newman & Associates, CPAs
09.2009 - 10.2013

Bachelor of Science - Accounting

University of Florida

CPA Exam Eligible

American Institute of Certified Public Accountants (AICPA)

Master of Science - Accounting

University of Central Florida

Similar Profiles

CREATE PROFILE
Terry Szarowicz