William McCarthy
Shepherdstown,WV
Summary
Diligent Accounting Manager with solid foundation in managing accounts receivable processes. Successfully streamlined billing and collections to enhance cash flow and reduce delinquency rates. Demonstrated proficiency in utilizing accounting software and strong analytical skills to resolve discrepancies and optimize financial reporting.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Accounts Payable / Accounts Receivable Accountant
GLOBAL PRODUCTS GROUP
Bradenton, FL
08.2024 - 03.2026
- Managed accounts payable and accounts receivable for a food manufacturer, maintaining ledger integrity with Business Central and achieving 100% accuracy rate for reconciliations.
- Generated comprehensive weekly aging reports for management, enhancing cash flow planning precision and reducing outstanding balances by 30% over six months.
- Reconciled bank statements, billings, and prepaid expenses, ensuring internal control compliance and improving GL accuracy, saving an estimated 10 hours weekly through an improved reconciliation process.
- Processed invoices in Microsoft Dynamics 365 and initiated and managed a new CRM-integrated data entry protocol for invoices, decreasing processing time and enhancing operational accuracy.
- Calculated monthly sales commissions via advanced Excel modeling to ensure accurate compensation across the sales department.
Consultant
Bestica
San Antonio, TX
01.2024 - 07.2024
- Expedited revenue cycles by processing monthly billings and managing invoices for government agencies via Wide Area Workflow, ensuring all submissions adhered to strict deadlines.
- Compiled and submitted invoices for over 30 government contracts, guaranteeing full compliance with stringent federal regulations and securing $2M in monthly revenue.
Consultant
Integrum Scientific
Beaufort, NC
10.2023 - 11.2023
- Audited bank statements monthly for accurate financial reporting and general accounting oversight.
- Implemented accounting processes and internal controls for a mobile healthcare laboratory services organization.
Interim Controller
ADDISON GROUP / Client: BRITISH STANDARDS INSTITUTION
Reston, VA
01.2023 - 09.2023
- Streamlined monthly close process, reducing cycle time by 3 days through standardized procedures and automated reporting.
- Fortified internal control by identifying weaknesses and developing remediation plans.
- Enhanced financial data integrity, improving reporting accuracy through detailed analysis and discrepancy correction.
International Accounts Payable Accountant
PARK COMPUTER SYSTEMS / Client: PROOFPOINT, INC
Sunnyvale, CA
06.2022 - 01.2023
- Orchestrated the creation of detailed disbursement schedules for more than 12 global service providers, facilitating the accurate execution of international payroll.
- Streamlined international payroll reconciliation using NetSuite, accelerating month-end closing by two full business days and ensuring compliance with ASC 842 and ASC 606 standards.
- Initiated funding processes for foreign subsidiaries to maintain operational accounting liquidity.
- Reviewed vendor payments against purchase order authorizations to maintain strict compliance and accuracy in data entry.
Senior Accountant
IAN MARTIN GROUP / Client: CASI PHARMACEUTICALS
Rockville, MD
11.2021 - 05.2022
- Expedited the monthly close cycle, guaranteeing precise financial statement generation and prompt reporting to stakeholders in a regulated pharmaceutical setting.
- Accelerated accounts payable workflow in NetSuite, reducing average transaction cycle time, and fortifying critical compliance standards for pharmaceuticals.
- Aggregated and structured labor hour data from S4 Hana ERP labor hour data, reducing calculation time by two full business days each month.
- Facilitated seamless foreign currency translations for international subsidiaries, ensuring 100% alignment with generally accepted accounting principles during quarterly closes.
Accounting Manager
CREATIVE FINANCIAL STAFFING / Client: BLUEHALO
Arlington, VA
10.2020 - 10.2021
- Monitored the quarterly close process for subsidiary entities, ensuring strict adherence to regulated sector compliance standards.
- Prepared reconciliations for bank accounts and general ledger accounts to facilitate accurate financial statement preparation for the monthly subsidiary close.
- Facilitated conversion from PROCAS to Oracle ERP, enhancing systems integration and streamlining transactional data entry, and gained exposure to SAP functionalities.
- Used PROCAS for managing accounts payable and billings associated with government contract Job Costing and other professional services.
Controller
AMERICAN ARMED FORCES MUTUAL AID ASSOCIATION
Reston, VA
08.2016 - 09.2020
- Integrated financial data from 3 subsidiaries into consolidated financial statements, ensuring 100% accuracy and reducing close process by several days for the life insurance company.
- Reconciled inter-company receivables and inter-company payables to ensure general accounting accuracy across multiple entities.
- Coordinated monthly financial reporting to support strategic decision-making, and ensure adherence to regulatory requirements.
- Monitored and prepared journal entries for Reserves in alignment with actuary calculations, implementing best practices to meet insurance industry regulatory standards.
Senior Accountant
ROBERT JOSEPH GROUP / Client: COMTECH MOBILE DATACOM
Germantown, MD
01.2016 - 07.2016
- Reconciled monthly accounts payable and receivable transactions with 100% accuracy using GCS Premier to support the close process.
- Facilitated monthly close by reconciling bank and general ledger accounts within GCS Premier, ensuring data integrity.
- Constructed advanced Excel performance reports analyzing monthly operational accounting KPIs, reducing manual data consolidation.
Accounting Manager
MTN GOVERNMENT SERVICES
Leesburg, VA
01.2013 - 07.2015
- Generated detailed weekly cash flow reports for management, supporting operational planning for a $15M+ budget.
- Submitted cost reports and reconciled cash receipts via WAWF, ensuring compliance for $10M+ in government contracts.
- Streamlined bank and AP reconciliation processes using Deltek GCS, reducing reconciliation time by 15%.
- Trained accounting team on WAWF and electronic billing systems, improving overall team efficiency by 20%.
Education
Bachelor of Science - Accounting, Management Information Systems
University of Wisconsin – Milwaukee
Milwaukee, WI05-1987
Skills
- Core Accounting: CPA, General Accounting, Accounts Payable, Accounts Receivable, Financial Statement Preparation, Financial Auditing, Month-End Close, General Ledger, Account Reconciliation, Bank Reconciliation, Inter-company Accounting, ASC 842, ASC606
- Technical Systems: Excel, Microsoft Dynamics 365, Business Central, NetSuite, Oracle ERP, S4 Hana ERP, PROCAS, Sage, Peachtree, Deltek GCS Premier, Concur, CRM
- Compliance & Operations: Regulated Sectors, Professional Services, Insurance Accounting, Internal Control, Government Contracting, Wide Area Workflow (WAWF), Process Improvement, Mentoring, Variance Analysis, Policies & Procedures
Certification
Active CPA, MD – Expires 2027
Timeline
Accounts Payable / Accounts Receivable Accountant
GLOBAL PRODUCTS GROUP
08.2024 - 03.2026
Consultant
Bestica
01.2024 - 07.2024
Consultant
Integrum Scientific
10.2023 - 11.2023
Interim Controller
ADDISON GROUP / Client: BRITISH STANDARDS INSTITUTION
01.2023 - 09.2023
International Accounts Payable Accountant
PARK COMPUTER SYSTEMS / Client: PROOFPOINT, INC
06.2022 - 01.2023
Senior Accountant
IAN MARTIN GROUP / Client: CASI PHARMACEUTICALS
11.2021 - 05.2022
Accounting Manager
CREATIVE FINANCIAL STAFFING / Client: BLUEHALO
10.2020 - 10.2021
Controller
AMERICAN ARMED FORCES MUTUAL AID ASSOCIATION
08.2016 - 09.2020
Senior Accountant
ROBERT JOSEPH GROUP / Client: COMTECH MOBILE DATACOM
01.2016 - 07.2016
Accounting Manager
MTN GOVERNMENT SERVICES
01.2013 - 07.2015
Bachelor of Science - Accounting, Management Information Systems
University of Wisconsin – Milwaukee