Summary
Overview
Work History
Education
Skills
Websites
Affiliations
Certification
Generic

Toby Cochran

Senior Accountant
Arlington,TX

Summary

Experienced Senior Accountant successful at cultivating effective working relationships at all levels while driving improvements to budget administration, expense tracking and forecasting of financial needs. Proven track record of performing work ethically while maintaining integrity of all financial data. Excellent time management skills, result-driven accountant skilled at working efficiently and accurately under tight deadlines. Dedicated and self-motivated team player specializing in tax preparation, payroll management, financial reporting, and effective communication effective communication skills when presenting reports to team members or advising clients on tax savings opportunities. Goal-focused Accountant with record of accurate reporting and budget management. Offering 20 years of experience handling finances for hundreds of clients throughout his career. Processed payroll, budgets, reports, audits, journals, expenditures and payments. Diligently maintains latest training on tax regulations and legal issues impacting financial operations. Detail-oriented team player with strong organizational skills.

Overview

16
16
years of professional experience
1
1
Certification

Work History

Senior Accountant

Bonds and Company
01.2014 - Current
  • Ensure accurate and efficient accounting while managing all financial aspects of the daily operations
  • Create and implement numerous systems within the financial department that significantly increased productivity, accuracy, and the efficiency of accounting practices
  • Analyze problems as they arose and develop strategic solutions
  • Analyze complex data and provide detailed financial reporting for the executive team
  • Responsible for budget oversight and managing the payroll
  • Manage the overall financial operations of all companies and properties and ensure all requirements, payments for mortgages, taxes, maintenance, insurance premiums, and ensure they are accurately managed and reported
  • Oversaw the complex business operations including financial management and fiscal management of the property and maintaining financial reports
  • Prepare, reconcile, examine, review, and analyze accounting records, financial statements, and other reports to assess accuracy, completeness, and conformance to reporting and procedural standards and GAAP
  • Maintain current and accurate payroll balance sheet account reconciliations for all payroll transactions federal, state, and local taxes
  • Review bank reconciliations (monthly or quarterly), review general ledger transactions, adjust as needed, update fixed assets software to assist in the preparation of business tax returns
  • Provides recommendations on changes to policy, procedures or rules that influence or affect the administration of payroll, and communicates recommendations, as appropriate
  • Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
  • Assist with preparing and presenting tax savings plans to clients
  • Accommodate current payroll tax requirements and relevant laws associated with the processing of employee wage data, including payroll taxes, employee federal and state income and social security taxes and other required reporting
  • Prepare and review tax returns for partnerships, corporations, trusts, nonprofits, and individuals
  • Accommodate current payroll tax requirements and relevant laws associated with the processing of employee wage data, including payroll taxes, employee federal and state income and social security taxes and other required reporting
  • Perform regular payroll reporting as required and assist with financial audits related to pay records and associated general ledger
  • Prepare month-end and year-end journal entries, reconcile general ledger accounts, resolve account discrepancies by reviewing transactions, investigating documentation, and making corrections, as required
  • Prepares, submits, and/or reports federal, state, and local tax payments such as 940s, 941s, and sales tax
  • Develop and cultivate professional client relationships by responding to and resolving client inquiries responding to, resolving client inquiries, and reviewing financial records while identifying opportunities for tax savings
  • Participates in the annual external audit including the preparation of year-end work papers, journal entries, reconciliations, and reports; and coordinating with auditors.
  • Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
  • Completed year-end closing processes with controllers and external auditors.
  • Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
  • Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
  • Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
  • Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals.
  • Improved cash flow management by closely monitoring receivables and implementing stricter credit policies.
  • Managed quarterly and annual tax filings for the company, ensuring timely submissions and compliance with regulations.
  • Optimized month-end closing procedures by streamlining workflow processes, reducing time taken from 10 days to 5 days without compromising accuracy or detail level achieved.
  • Expedited payroll and invoicing by streamlining billing systems.
  • Contributed to hiring, training and development of accounting teams.
  • Strengthened internal controls by reviewing processes, identifying gaps, and proposing improvements to safeguard against fraud or mismanagement of funds.
  • Ensured regulatory compliance with GAAP standards by staying current on updates and integrating changes into accounting practices as needed.
  • Directed accounting team in timely reporting of finances for diverse client businesses.
  • Researched technical tax issues to define tax effect or impact of certain tax positions.
  • Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.

Accounting Supervisor

Diamond International Trucks
05.2008 - 01.2014
  • Oversaw sensitive complaints and grievances effectively and confidentiality to ensure prompt resolution
  • Managed the AP/AR and weekly billing; followed-up on collections and general ledger postings
  • Responsible for all cash disbursements, journal entries, bank reconciliations, and credit cards accounts
  • Developed monthly closing statements/developed policies and procedures to improve the efficiency of accounts receivable, accounts payable, and other accounting tasks
  • Increased efficiency of payroll management by developing a procedure for organizing and maintaining payroll records for hourly and salaried employees; maintained record of absent and tardy employees daily
  • Reconciled and paid all voluntary and involuntary deductions and benefits; print payroll checks and stubs
  • Posted debits and credits to relevant ledgers and spreadsheets, prepared and processed bank deposits
  • Processed weekly payroll for a high volume of team members (1000+), in multiple subsidiaries
  • Managed the full accounting team performance of the close process to meet close deadlines
  • Ensured company policies and procedures and federal and state rules and regulations follow relevant laws and internal processes
  • Audited payroll transactions and payroll registers prior to completion and validated confirmed reports
  • Maintained cash flow by monitoring bank balances and cash requirements.
  • Contributed to the preparation of GAAP financial statements through data analysis, document preparation, integrity validation, and reconciliation processes
  • Facilitated cross-functional communication between departments to ensure seamless integration of accounting processes.
  • Reviewed and approve quarterly and annual financial work paper packages, reconciliations of accounting activity, and ensure accurate and timely quarterly and year-end closings; review and approve quarterly and annual financial statements for accuracy and compliance with accepted accounting principles
  • Collaborated with external auditors for timely completion of annual audits, addressing inquiries promptly and accurately.
  • Established new hire training and performance review process
  • Supported company growth through accurate financial forecasting, enabling informed strategic decision-making from executive leadership.
  • Oversee and manage the general accounting functions, including, but not limited to accounts payable, accounts receivable, general ledger, and taxes
  • Reduced month-end closing time with efficient organization and prioritization of tasks.
  • Help with quarterly and year-end financial audit activities and the annual corporate financial controls audit
  • Strengthened internal controls by designing and implementing robust policies and procedures.
  • Assess current practices and procedures, and make recommendations for improvements
  • Met accounting financial standards by providing accounting department annual budget information.
  • Prepare, review, and analyze financial statements to ensure accuracy and completeness
  • Set up and improved accounting systems and processes to meet business needs and maximize operational success.
  • Perform ad hoc analysis and projects as requested
  • Prepared internal and regulatory financial reports, balance sheets and income statements.
  • Supervise and/or manage general ledger accounting functions
  • Complied with established internal controls and policies.
  • Develop staff by managing performance, setting goals, providing ongoing training, and maintaining strong employee relationships.
  • Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
  • Improved overall financial reporting by streamlining control processes and reporting structures.

Education

Bachelor of Science - Accounting

University of Arkansas
12.2000

Skills

  • General ledger accounting
  • Audit Support
  • Financial statement review
  • Bank Reconciliation
  • Inventory Accounting
  • Accounts receivable management
  • Generally Accepted Accounting Principles
  • Intercompany Transactions
  • Audit preparation
  • ERP Systems Expertise
  • Payroll Oversight
  • Fixed Asset Accounting
  • Internal Controls
  • Payroll Processing
  • Cash Flow Management
  • General Ledger Management
  • Expense Tracking
  • GAAP proficiency
  • Revenue Recognition
  • Team Training
  • Tax law expertise
  • Staff Oversight
  • Lease Accounting
  • Deferred Revenue Accounting
  • Excise Tax Compliance
  • Journal entry preparation
  • Bookkeeping and Reconciliation
  • Financial Statements
  • Attention to Detail
  • Journal Entries
  • Payroll Review
  • Critical Thinking and Analysis
  • Team Building and Leadership
  • Accruals and Provisions
  • Clear Communication
  • Annual reports
  • Payroll Auditing
  • Tax Return Filing
  • Document Recordkeeping
  • Sales Tax Reporting
  • Budgeting
  • Technical Analysis
  • Audit
  • Process Improvement
  • Project Management
  • Month End Closing
  • Financial Reporting
  • Tax Preparation

Affiliations

  • American Association of Finance and Accounting
  • National Society of Accountants
  • American Payroll Association

Certification

Quickbooks ProAdvisor

Xero Advisor Certification

Certified Payroll Professional

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Toby CochranSenior Accountant