Summary
Overview
Work History
Education
Skills
Certification
Timeline
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WILLIAM WEGH

Lakewood,USA

Summary

Over a decade years' experience within corporate organizations supporting financial management and business efficiencies. Analytical with expertise in analyzing financial data, creating reports, and extrapolating significant data and findings. Finance experience across several industries with healthcare expertise and the ability to adapt to environments easily. Demonstrated success and leadership in developing others and implementing efficiencies in fiscal management. Excellent communication and ability to build relationships with clients, vendors, teams and stakeholders at all levels. Strong knowledge of accounting and finance principles, state and federal requirements, legislation, and regulations. Proficient in QuickBooks, Sage 100, Intacct, ADP Workforce, Concur, Clicktime and Smartlinx with advanced Excel (V/H-lookup, pivot tables, if-match-index formulas, and Macros); utilizes technology to increase efficiency.

Overview

11
11
years of professional experience
1
1
Certification

Work History

CFO

Broadway Basketeers
Lakewood, NJ
12.2021 - Current
  • Spearheaded the implementation of a new inventory reporting system, resulting in more accurate and timely data for decision-making purposes.
  • Negotiated favorable terms with vendors and suppliers, achieving significant savings on procurement expenses.
  • Streamlined financial processes by implementing automation and reducing manual tasks, leading to increased efficiency and accuracy.
  • Analyzed operational issues and implemented corrective action to maximize profits.
  • Conducted detailed analysis of company financial information and oversaw preparation of related reports.

Assistant Financial Controller

ENCHANTE ACCESSORIES CORPORATION
New York, NY
01.2017 - 12.2021
  • Company Overview: Financial management directly with CFO / Controller for multi-million-dollar Corporation specializing in the manufacture and wholesale of fine home goods and electronics
  • Parent company of entities in Mexico, Canada, Hong Kong and USA
  • Led on implementation and usage of integrated third party software (F9), through which created and maintained a comprehensive and dynamic consolidated financial statement summary for partners
  • Generate critical data relating to rates, expenses and gross margin trends enabling users to toggle to assess variants utilizing the above
  • Update journal entries, Bank and AR Reconciliations and General Ledger for Mexican division (MX Pesos), adjusting for currency conversion +/-
  • Book adjustments for accrued expenses including AP expenses, sales commission, and purchase commission accruals
  • Used Selfcreated Excel Macros to calculate and prepare for import to GL
  • Allocate overhead and payroll expenses across entities, analyze invoices and sales agreements and allocate effectively
  • Communicate and worked with US and International accountants and lawyers for legal and business issues
  • Maintain Borrowing Base certificate, troubleshoot and resolve issues, and liaise regularly with multiple lenders
  • Review corporate credit card, FedEx, domestic and international shipping and freight bills to book and allocate charges accurately
  • Led on banking requirements to acquire corporate plastic and virtual credit card, opening first credit line in corporate name, initiated enhanced monthly cashback through use of virtual card portal; increased efficiency through direct vendor payment portal
  • Issue 1099s to 200+ vendors; file and pay state Annual Corp and sales taxes, file partnership tax returns for smaller divisions
  • Dealing with several commercial real estate entities including warehouses and office space in New Jersey and NYC
  • Handled property tax payments, accounting for purchases, 1031 Exchanges and Asset depreciation
  • Billed and collected rent, tax, insurance and common charges and accounting for year-end reconciliations for tenants
  • Dealing with attorneys in litigations, negotiating vendor contracts and complying with State/City filings and inspections
  • Initiated, researched, and implemented Visual Import programs for importing and booking Journal, transaction, and payroll entries into Sage 100 software; improve efficiency and accuracy
  • Trained colleagues on using and troubleshooting VI
  • Financial management directly with CFO / Controller for multi-million-dollar Corporation specializing in the manufacture and wholesale of fine home goods and electronics
  • Parent company of entities in Mexico, Canada, Hong Kong and USA

Payroll Accountant/Financial Analyst

LTC/STREAMLINE
Howell, NJ
01.2014 - 01.2017
  • Financial Analyst responsible for payroll/benefits related finances for over 7,500 employees at 54 long term care facilities
  • Enhanced operations and client experience by effectively training new employees significantly decreased learning curve
  • Recalculated historical PTO data and reported accurate balances by employee; included PTO accrual data on paychecks
  • Calculated and approved unique PTO accruals and liabilities by facility and employee category ensuring accuracy of data
  • Met and negotiated with employees to resolve any issues or discrepancies of PTO Balances
  • Increased revenues due to maximized data integrity enhancing client confidence, satisfaction, and retention
  • Worked with software creator to perform system adjustments and modifications to accurately reflect client policies
  • Determined employee taxes and wages accruals for month-end wages liabilities and accrued them to general ledger;
  • Ensured accuracy of month-end expenses, a critical component of P/L; and ensured data was audit-ready
  • Gathered and organized payroll transaction data from different systems in preparation for posting to general ledger
  • Imported and posted payroll transactions in preparation for the accountant's review for month-end closings
  • Managed general ledger system for accuracy of account alignment, saving time, manual work and driving efficiencies
  • Compiled payroll analysis, turnover and liability reports for 13 client facilities with 1500 - 1600 employees

Education

Master of Science - Accounting

FAIRLEIGH DICKINSON UNIVERSITY
Teaneck, NJ
01.2013

Skills

  • Cash flow management
  • Financial process improvement
  • Financial strategy development
  • Risk management proficiency

Certification

CPA

Timeline

CFO

Broadway Basketeers
12.2021 - Current

Assistant Financial Controller

ENCHANTE ACCESSORIES CORPORATION
01.2017 - 12.2021

Payroll Accountant/Financial Analyst

LTC/STREAMLINE
01.2014 - 01.2017

Master of Science - Accounting

FAIRLEIGH DICKINSON UNIVERSITY

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