William McCarthy
Shepherdstown
Summary
Senior Accountant with extensive experience at GLOBAL PRODUCTS GROUP, recognized for enhancing financial accuracy through effective process improvements. Expertise in budget forecasting and account reconciliation, leading to streamlined operations and significant cost reductions. Proven ability to collaborate with cross-functional teams, delivering precise financial reporting and ensuring compliance with internal controls.
Overview
20
20
years of professional experience
1
1
Certification
Work History
AR/AP Accountant
GLOBAL PRODUCTS GROUP
08.2024 - Current
- Managed accounts payable and receivable for food manufacturer utilizing Business Central.
- Processed invoices using Microsoft Dynamics 365 and CRM for streamlined operations.
- Calculated monthly sales commissions to ensure accurate compensation.
- Assisted conversion from manual accounts payable system to OCR A.I. driven process.
- Reconciled bank statements, billings, and prepaid expenses for financial accuracy.
- Produced monthly financial statements and reports to support decision-making.
Consultant
Bestica, LLC
03.2024 - 06.2024
- Processed monthly billing and created invoices for federal clients using WAWF.
- Analyzed governmental contracts to ascertain billable amounts and durations.
- Reconciled bank statements monthly for accurate financial reporting.
- Classified and reconciled credit card transactions to ensure accuracy.
- Scanned financial statements to identify unusual trends and reclassification opportunities.
Consultant
Integrum Scientific
11.2023 - 12.2023
- Managed transition of accounting system to QuickBooks Online, enhancing financial accuracy.
- Developed efficiencies in travel expense reporting, reducing processing time significantly.
Interim Controller
BRITISH STANDARDS INSTITUTE
01.2023 - 09.2023
- Executed process improvements for Monthly Close to enhance efficiency.
- Investigated internal control weaknesses to identify and address risks.
- Monitored reconciliation processes to ensure accuracy and compliance.
- Collaborated with cross-functional teams to implement best practices in financial reporting.
International AP Accountant
PROOFPOINT, Inc
06.2022 - 01.2023
- Prepared schedules for Local Service Providers to facilitate payroll processing.
- Reconciled monthly international payroll entries using NetSuite.
- Initiated funding processes for foreign subsidiaries.
- Managed VAT taxation related to Netherlands operations.
- Reviewed vendor payments against purchase order authorizations and payment approvals.
Senior Accountant
CASI Pharmaceuticals
11.2021 - 05.2022
- Managed monthly close process to ensure timely financial reporting.
- Utilized NetSuite for approving and processing accounts payable transactions.
- Extracted and aggregated labor hours using S4 Hana ERP for direct labor cost calculations.
- Calculated labor capitalization rates for effective cost tracking of new drugs.
- Prepared financial statements to provide accurate reporting.
- Executed foreign currency translations to maintain compliance with accounting standards.
- Contract role with Ian Martin Group, contributing to financial operations.
Accounting Manager
BLUEHALO
11.2020 - 05.2021
- Executed quarterly close processes for subsidiary, ensuring accuracy and compliance.
- Reconciled bank accounts and general ledger accounts for subsidiary financial closing.
- Prepared schedules detailing capitalized labor across various projects.
- Facilitated conversion from PROCAS to Oracle, enhancing systems integration.
- Utilized PROCAS for managing accounts payable and billing associated with government contracts.
- Retrieved prior year audit PBC requests to support compliance efforts.
Controller
AAFMAA
08.2016 - 09.2020
- Oversaw external audits and integrated subsidiary results into financial statements.
- Managed reconciliation of intercompany receivables and payables for accuracy.
- Coordinated preparation of monthly financial reports to facilitate strategic decision-making.
- Monitored reserve requirements to ensure compliance with regulatory standards.
- Supervised reconciliation of legacy systems with accounting systems for streamlined operations.
Senior Accountant
COMTECH MOBILE DATACOM
01.2016 - 07.2016
- Managed the recording of PO Receipts and invoicing using GCS Premier.
- Reconciled Bank Accounts and GL Accounts on a monthly basis to facilitate the monthly close process.
- Created Excel reports for Management use.
- Contract Role - Robert Joseph Group
Accounting Manager
MTN Government Services
01.2013 - 07.2015
- Used Deltek GCS to manage AP and oversaw paper expense reports transition to electronic time and billing system.
- Created reports and reconciled general ledger accounts to assist with monthly close and reporting process.
- Produced detailed weekly cash flow reports to Corporate.
- Tracked all fixed asset acquisitions and disposals, prepared monthly depreciation entries.
- Created and managed invoices for monthly customers.
- Submitted cost reports and reconciled cash receipts using Wide Area Workflow (WAWF) and the US Coast Guard's proprietary system.
Senior AP Accountant
COMTECH AEROASTRO
02.2012 - 07.2012
- Supervised Accounts Payable department and fine-tuned the A/P process to increase efficiency.
- Reconciled bank accounts and prepared weekly cash flow report for management.
- Managed monthly close process and prepared subcontractor and other AP accrual amounts, for AP Department.
- Monitored and reconciled Cost submissions for their major Naval Contract.
Senior AP Manager
OTSUKA PHARMACEUTICAL
07.2011 - 02.2012
- Monitored AP environment and instituted measures to streamline AP process.
- Processed check runs and wire transfers via Oracle & Concur.
- Reconciled American Express Business Travel Account (BTA) transactions and prepared monthly journal entries for AMEX BTA cards.
Accounting Manager
SPS CONSULTING
05.2010 - 06.2011
- Ensured timely, efficient financial statement processing while managing all facets of accounting department.
- Supervised two staff and reported directly to upper management.
- Prepared and reviewed financial statements.
- Reviewed all AP and AR transactions and payroll.
- Oversaw bi-weekly payroll process for 150 employees; set up processes and procedures.
Senior Accountant
INTL PARTNERSHIP FOR MICROBOCIDES
04.2009 - 01.2010
- Supervised accounting and reported intercompany activity to CFO.
- Reviewed AP and supervised a staff of three.
- Reconciled intercompany Concur, general ledger accounts monthly to verify accurate financial reporting and pricing for intercompany rates for consolidated reporting.
- Reconciled all bank accounts, managed accounting records and financial reporting for firm's foreign subsidiaries.
Assistant Controller
LIQUIDITY SERVICES
10.2005 - 09.2007
- Directed accounts payable activities and reconciled general ledger entries.
- Reconciled bank statements, investment accounts, prepaid expenses, and accrued expenses.
- Implemented Sarbanes-Oxley (SOX) compliance procedures to enhance financial integrity.
- Tracked fixed assets and generated depreciation journal entries.
- Maintained inventory balances using inventory management system for accurate reconciliation.
- Trained payroll personnel on data input, vacation tracking, sick day monitoring, and report generation.
Education
Bachelor of Business Administration - Accounting and Management Information Systems
University of Wisconsin - Milwaukee
Milwaukee, WI05-1987
Skills
- Budget/Forecasting
- Cash Flow Management
- Accounting & Internal Controls
- Government Contracting
- Policies & Procedures
- Program Management
- Account Reconciliation
- Profit & Loss Analysis
- Cost Reduction
- Resource Management
- Sales commission calculation
- Financial reporting
Certification
Certified Public Accountant (CPA), Maryland DLLR, 0031754, Active 05/01-05/26
Timeline
AR/AP Accountant
GLOBAL PRODUCTS GROUP
08.2024 - Current
Consultant
Bestica, LLC
03.2024 - 06.2024
Consultant
Integrum Scientific
11.2023 - 12.2023
Interim Controller
BRITISH STANDARDS INSTITUTE
01.2023 - 09.2023
International AP Accountant
PROOFPOINT, Inc
06.2022 - 01.2023
Senior Accountant
CASI Pharmaceuticals
11.2021 - 05.2022
Accounting Manager
BLUEHALO
11.2020 - 05.2021
Controller
AAFMAA
08.2016 - 09.2020
Senior Accountant
COMTECH MOBILE DATACOM
01.2016 - 07.2016
Accounting Manager
MTN Government Services
01.2013 - 07.2015
Senior AP Accountant
COMTECH AEROASTRO
02.2012 - 07.2012
Senior AP Manager
OTSUKA PHARMACEUTICAL
07.2011 - 02.2012
Accounting Manager
SPS CONSULTING
05.2010 - 06.2011
Senior Accountant
INTL PARTNERSHIP FOR MICROBOCIDES
04.2009 - 01.2010
Assistant Controller
LIQUIDITY SERVICES
10.2005 - 09.2007
Bachelor of Business Administration - Accounting and Management Information Systems
University of Wisconsin - Milwaukee