Summary
Overview
Work History
Education
Skills
Affiliations
Timeline
Generic

Michael Nappi

Payson,UT

Summary

Experienced Accountant with 20 years of progressive growth, from an Accounting Assistant to a Controller. I am an excellent communicator in both one on one and large group settings, enhanced by multi-cultural experiences over various industries. I lead by example, in work and volunteer environments, with passion and ability to motivate people to achieve their personal and professional goals.

Overview

17
17
years of professional experience

Work History

Accounting Manager

Younique, LLC
Lehi, UT
10.2021 - Current
  • Manage accounting operations such as updating journal entries and reconciling accounts.
  • Supervise and support the Accounting team with accounting tasks, which includes accounts payable and receivable, general ledger management, cash reconciliations and expense reporting oversight.
  • Responsible for making sure fixed assets are added and disposed of correctly each month and tie to the Balance Sheet.
  • Prepare month-end closing entries for detailed reporting and recordkeeping.
  • Produce accurate and compliant financial statements and reports
  • Evaluate and approve billing invoices and expense reports to monitor and ensure cash flow and cost containment.
  • Complete month-end and year-end closings, keep records audit-ready and monitor timely recording of accounting transactions.
  • Audit payroll, vendor payments and other accounting disbursements for accuracy and compliance.
  • Implemented PIPR1 for international employee reimbursements
  • Manage relationships with external auditors and vendors
  • Reconcile inventory counts in NetSuite to inventory on hand in the United States and International warehouses.
  • Set up inventory items in NetSuite.
  • Set up and maintain the general ledgers in NetSuite as the NetSuite Administrator.
  • Support third party modules connected to NetSuite.
  • Responsible for reconciling bank statements and corporate credit carads monthly.

Brand Controller

Savory Management
Lehi, UT
10.2012 - 10.2021
  • Solely responsible for implementing new close process for all entities
  • Reviewed all Balance Sheet and P&L accounts to ensure all information is correct and submit to Chief Financial Officer by 10th business day
  • Reconciled bank accounts, MasterCard/Visa, Discover, American Express, notes receivable, account receivable, inventory and accounts payable with the general ledger monthly
  • Analyzed unusual fluctuations of financial information, research and explain changes to upper management
  • Responsible for posting all Daily Sales Report, invoices and expense report on Compeat for all entities
  • Confirmed cash deposits are made daily, sales tax is correct, review credit card transactions to ensure they are batched out correctly and deposited into bank accounts
  • Managed staff accountants to make sure all job functions are completed in a timely manner
  • Assisted with implementation of new accounting software
  • Hands on technical implementation management from QuickBooks to Compeat and from Cash basis accounting to Accrual basis accounting
  • Posted monthly journal entries for prepaid expenses, expense accruals, reclasses and depreciation
  • Created entries for EFT’s, cash transfers to management from individual entities
  • Consolidated weekly sales numbers for all entities into excel and submit to partners
  • Paid sales tax for all entities in Utah, Colorado, Arizona, Missouri and Nevada by their respective due date
  • Filed personal property tax for each entity
  • Funded loan payments and post entries into Compeat
  • Communicated and review with payroll to make sure all payroll transfers were completed by month end

Accounting Manager

TPC Sawgrass
Ponte Vedra Beach, FL
02.2012 - 10.2012
  • Reconciled information from various point of sale locations for revenues of around $80,000-120,000 per day, tax liabilities, cost of goods sold, cash and charge receipts
  • Managed the accounting assistant to make sure all job functions were completed in a timely manner
  • Recorded journal entries, daily reports and inventory changes into the general ledger
  • In charge of the inventory receiver spreadsheet to make sure inventory checked in balanced to invoices and the general ledger
  • Posted monthly journal entries for revenue accruals, expense accruals and depreciation
  • Assisted with the preparation of the flash of final financial information
  • Reconciled bank accounts, credit cards, account receivable, inventory and accounts payable monthly
  • Recorded intercompany charges and verified balances in the intercompany account with the appropriate affiliated company
  • Processed physical retail inventories and assisted the Department Heads in cost of goods sold fluctuations,
  • Confirmed accuracy of items on the shrink report
  • Posted member payments and maintain member accounts receivables
  • Processed member statements monthly and resolve any complaints or concerns members may have

Club Controller

Legacy Golf Club
Lakewood Ranch, FL
10.2009 - 02.2012
  • In charge of all Accounting and Human Resource duties at Legacy Golf Club while maintaining the accounting assistant duties at TPC Prestancia
  • Completed the Flash Report daily and distribute to Corporate
  • Reviewed, corrected and filed all new hire paperwork and terminations
  • Hand out and answer questions regarding employee benefits
  • Solely in charge in completing month end at Legacy Golf Club, The Eagles Golf Club and TPC Prestancia
  • Cash audits, golf inventory, F & B inventory and reclasses
  • Responsible for processing all invoices, member and vendor statements, posting member payments and fielding all phone calls regarding vendor and member inquiries
  • Ensured payroll is completed by noon every other Friday for final approval by corporate
  • Troubleshoot any issues with guests, employees and current computer programs
  • Trained five new controllers on how to use the Flash Report
  • Helped corporate with the transition of The Eagles Golf Club

Accounting Assistant/Controller

TPC Prestancia/Legacy Golf Club
Sarasota, FL
02.2007 - 02.2012
  • Reconciled bank and credit card accounts, accounts receivable, notes receivable, inventory and accounts payable
  • Recorded and verified charges in inter-company accounts with the appropriate affiliated company
  • Assisted in the preparation of the flash to complete month end
  • Solely in charge of posting member payments and member statement mailings monthly
  • Resolved any issues that arose with members regarding their statements
  • In charge of the daily sales report
  • Reconciled cash pertaining to employee drops, posted member payments/charges and posted the general ledger
  • Independently responsible for auditing Inventory Received to ensure goods balanced to invoice totals
  • Coded, processed, filed, and cut checks for invoices on a weekly basis
  • Continually maintained a complete understanding of all financial information
  • Assisted in monitoring and analyzing the month end inventory for the Food and Beverage Department
  • Responsible for the auditing of all cash registers and safes on property

Education

Bachelor of Science - Accounting

Bryant College
Smithfield, RI
05.2004

Global Relations

Bond University - Study Abroad
Queensland, Australia

Skills

  • International Accounting experience
  • Profit and loss management
  • Balance sheet management
  • Month-end and year-end closings
  • General ledger accounting
  • Internal controls
  • Inventory auditing
  • Project management
  • Team Building
  • Customer Relations
  • Proficient in Point of Sale systems - Digital Dining, Crisp, Jonas, JDA/AS400, Jonas, Micros
  • ERP experience - NetSuite, Compeat, QuickBooks, Great Plains, Lawson
  • Excels in team leadership
  • Employee training
  • Foresenic Accounting

Affiliations

Ambassador of the Quarter. 2012 Member of HFTP, 2009

Timeline

Accounting Manager

Younique, LLC
10.2021 - Current

Brand Controller

Savory Management
10.2012 - 10.2021

Accounting Manager

TPC Sawgrass
02.2012 - 10.2012

Club Controller

Legacy Golf Club
10.2009 - 02.2012

Accounting Assistant/Controller

TPC Prestancia/Legacy Golf Club
02.2007 - 02.2012

Bachelor of Science - Accounting

Bryant College

Global Relations

Bond University - Study Abroad

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Michael Nappi