Financial Analyst Resume Chicago, IL - Hire IT People

SUMMARY

A results - oriented, accounting professional with over 25 years of general and cost accounting experience in the service, manufacturing, and distribution industries.
Experience utilizing monarch, mainframe IVIS general ledger system, document direct, MS excel, word and power point.
Special expertise in financial reports, budget analysis, gross margin analysis, month end closing, and development of key performance indicators.
Additional strengths include working with Business Management in developing profit projections for new product offerings and rolling forecasts.
A proficient project manager who led process improvement of Confidential bookings for multiple locations and automatic booking of truck allowance programs.

PROFESSIONAL EXPERIENCE

Confidential, Chicago, IL

Financial Analyst

Responsibilities:

Acted as team lead in reconciling over 130 debt related GL accounts totaling approx. $42 billion.
Reviewed the debt instruments and corresponding accounts related to the company’s bond agreements and fixed, variable and intercompany loan agreements.
Ensured reconciled accounts were in compliance with company standards by validating that ending
GL balances tied to subsidiary ledger balances and that such balances were substantiated by adequate supporting detail records.
Drafted desktop procedures detailing the proper account reconciliation techniques.

Confidential

Financial Analyst

Responsibilities:

Analyzed and researched all reconciling items , gathered supporting documentation and reviewed data submitted from client for accuracy.
Prepared reconciliation analysis schedules, correcting journal entries, and inter-company balancing proofs.
Prepared work papers for review/audit by client’s outside auditors.
Worked closely with the other I/C reconciliation team members to insure adherence to proper account structure.

Confidential

Financial Analyst

Responsibilities:

Reconciled financial data, coordinated and resolved all out of balance conditions and entries that were in conflict with accounting records, ledgers or other related documents.
Analyzed and interpreted agreements and the relationship to the various programs offered, such as retroactive, deductibles, self-insured retentions, loss reimbursements, escrow, collateral and letter of credit.
Reconciled individual insured open accounts receivable amounts to billings. Reconciled bankrupt open accounts receivable to an established bad debt reserve.
Created statement of accounts for insured and brokers and created journal entries to clear customer accounts.
Reviewed and analyzed loss fund balances from the mainframe application to the new Aries application, an accounts receivable module of SAP, to ensure proper conversion.

Confidential

Financial Analyst

Responsibilities:

Performed post acquisition analysis and collection of accounts receivable. Analyzed Oracle integrated cash management systems in order to ensure appropriate application and settlement of cash.
Responsible for daily cash receipts from various lockboxes, ACH pulls from customer accounts, and fed wires.
Downloaded lockbox activity from bank websites to Oracle ERP system. Generated banking reports from bank websites for non-lockbox activity.
Accessed and enhanced web-based credit card settlement schedules.
Analyzed customer accounts to determine correct cash application.
Reconciled customer accounts in Oracle Accounts Receivable system, issued credit memos and investigated unapplied receipts to properly adjust accounts.
Responsible for operation of daily cash receipts for claim refunds. Recorded daily deposits of claim refunds within the Oracle ERP system.
Created settlement schedules for claim refunds receipts owed to the previous owner. Distributed settlement schedules to proper parties for ultimate settlement payouts.
Developed procedures for processing cash settlement for amounts owed to previous owner for parent
Documented procedures and processes for outside auditors and parent