Toby Cochran
Arlington,TX
Summary
Proven expertise in conducting in-depth audits and devising successful improvement strategies. Methodically evaluated documents and systems and initiated corrections in compliance with established standards. Superb analytical and communications skills enabled optimum results. Highly-motivated employee with desire to take on new challenges. Strong worth ethic, adaptability and exceptional interpersonal skills. Adept at working effectively unsupervised and quickly mastering new skills.
Overview
16
16
years of professional experience
1
1
Certification
Work History
Senior Accountant
Bonds and Company CPA
Lewisville, TX
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 complex data and provide detailed financial reporting for the executive team
- Responsible for budget oversight
- Trained staff members on proper use of accounting software applications.
- Maintained detailed records of account transactions, including invoices, payments, and journal entries.
- Ensured compliance with all applicable laws, regulations, policies, procedures, and standards of generally accepted accounting principles.
- Managed and prepared journal entries and reconciliations to support monthly general ledger closing activities.
- Managed daily closing, reporting and reconciliation functions.
- Analyzed files and accounts for discrepancies and resolved variances.
- Gathered banking transactions via statements, recorded activity in Excel format and reconciled balances.
- Analyzed balance sheets for mistakes and inaccuracies.
- Oversaw full accounting cycle and prepared applicable financial statements.
- Maximized tax refunds by striving to obtain taxable income, deductible expenses and allowance details.
- Delivered superior level of customer service to small business clients.
- Designed internal control policies to improve audit scores.
- Researched changes in laws to maintain adherence to financial regulations.
- 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
- Document and ensure proper keeping of financial records and work papers
- Provides recommendations on changes to policy, procedures or rules that influence or affect the administration of payroll, and communicates recommendations, as appropriate
- 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
- Review bank reconciliations, review general ledger transactions, adjust as needed
- 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.
Accounting Supervisor
/Diamond International Trucks
North Little Rock, AR
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
- Contributed to the preparation of GAAP financial statements through data analysis, document preparation, integrity validation, and reconciliation 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
- Established new hire training and performance review process
- Oversee and manage the general accounting functions, including, but not limited to accounts payable, accounts receivable, general ledger, and taxes
- Help with quarterly and year-end financial audit activities and the annual corporate financial controls audit
- Assess current practices and procedures, and make recommendations for improvements
- Prepare, review, and analyze financial statements to ensure accuracy and completeness
- Perform ad hoc analysis and projects as requested
- Supervise and/or manage general ledger accounting functions
- Develop staff by managing performance, setting goals, providing ongoing training, and maintaining strong employee relationships.
- Prepared monthly balance sheet reconciliations for review by management.
- Reconciled bank statements and resolved discrepancies in a timely manner.
- Reviewed financial reports for accuracy and compliance with generally accepted accounting principles.
- Reconciled intercompany balances with subsidiaries on a monthly basis.
- Assisted with the annual audit process by providing account analysis, schedules, and other requested documents.
- Oversaw accounts payable and receivable processes for accuracy and timeliness of payments.
- Investigated discrepancies in financial data and prepared corrective journal entries.
- Managed day-to-day bookkeeping activities such as invoicing customers, reconciling bank accounts, recording deposits and withdrawals.
- Tracked fixed assets including purchase dates and costs; calculated depreciation amounts and recorded disposals.
- Reviewed and reconciled discrepancies in accounts and financial documentation.
- Assessed accuracy, completeness, and integrity of corporate financial records.
- Coordinated month-end and year-end closing processes, facilitating timely financial reporting.
- Managed payroll processing, including verification of hours, calculation of taxes, and distribution of payments.
- Conducted regular audits of financial transactions and accounts to maintain integrity and accuracy.
- Administered tax filings, including sales tax, payroll tax, and other government reports.
- Supported annual audits by providing information and answers to auditors.
- Managed inventory accounting, including valuation, costing, and adjustments.
- Maintained regular performance appraisals for subordinates through verbal, written and on-going review programs.
- Checked payroll, vendor payments and other accounting disbursements for accuracy and compliance.
Education
Bachelor of Science - Accounting
University of Arkansas, Fayetteville
12-2000
Skills
- Sales tax compliance
- Lease Accounting
- Project Accounting
- Expertise in Xero
- Fixed Asset Accounting
- Revenue Recognition
- Inventory Accounting
- Intercompany Transactions
- Healthcare Accounting
- Excise Tax Compliance
- Property Tax Compliance
- Financial statement review
- GAAP proficiency
- Expertise in Payroll Relief
- Tax law expertise
- General ledger updates
- Expertise in ADP Payroll
- Knowledge of financial statements
- Journal entry posting
- Recordkeeping
- Payroll Oversight
- Staff Oversight
- Financial statement preparation
- Financial Reporting
- Payroll Processing
- General ledger accounting
- Tax Preparation
- Audit Support
- Budget Administration
- Team Training
- Bank Reconciliation
- Income tax compliance
- Fraud identification
- Bookkeeping
- Financial Controls
- Account Reconciliation
- Payroll Management
- Process evaluations
- Nonprofit Accounting
- Expertise in Quickbooks
- Generally Accepted Accounting Principles
- Policy Enforcement
- Expertise in Gusto
- Internal Controls
- Account Updates
- General Ledger Management
- Cash Flow Management
- GAAP guidelines
- Records Review
- Balance sheets
- Budget Preparation
- Asset Utilization
Certification
- Quickbooks ProAdvisor
- Certified Payroll Manager
- Xero Certified Advisor
Timeline
Senior Accountant
Bonds and Company CPA
01.2014 - Current
Accounting Supervisor
/Diamond International Trucks
05.2008 - 01.2014
Bachelor of Science - Accounting
University of Arkansas, Fayetteville
- Quickbooks ProAdvisor
- Certified Payroll Manager
- Xero Certified Advisor
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