SUMMARY:

• A financial accounting specialist with strong financial statement preparation and audit background; Experience in real estate accounting, construction contract accounting, inventory valuation, cost and management accounting including budgeting, variance analysis, development of internal control policy and procedures. Well versed in consolidation accounting, branch and Inter - company account reconciliation. Engage in special project assignments, including financial analysis, risk management and assessment, cash management systems and planning strategies. CPA candidate.

TECHNICAL SKILLS:

• Word
• Excel
• Access
• PowerPoint
• QuickBooks
• Peachtree
• Accpac
• Alliance Mfg (software)
• MDS (real estate software)

PROFESSIONAL EXPERIENCE:

Confidential, N.Y

Senior Accountant

Responsibilities:

• Responsible for all accounting and financial reporting activities relating to the financial operation of the company in accordance with GAAP, and implement policies and procedures where necessary to ensure proper accounting and reporting of financial information.
• Supervise all accounting and recording activities relevant to accounts payable, accounts receivable, payroll, cash receipts and disbursement functions.
• Signoff on monthly Section 8 Tenant Assistance Payment Vouchers for submission to HUD.
• Oversee entity wide cash flow management and wire transfer activities.
• Monitor monthly excess income computation and required filings with HUD.
• Monitor periodic reconciliation of tenant security deposit account reconciliation and ensure the agreement between the asset and liability general ledger account.
• Review and signoff on monthly bank reconciliations, approve journal entries, and ensure proper classification of related party transactions.
• Review general ledger and oversee post-audit general ledger update prior to roll forward to subsequent accounting period.
• Authorize vendor payments, and review supporting documentation to ensure authenticity of transaction and completeness in the recording process.
• Oversee subcontractors requisition payment on capital improvement contracts and ensure that waiver of lien document is obtained from subcontractor.
• Communicate with vendors to maintain satisfactory supplier/vendor relationship and negotiate credit terms where necessary.
• Periodic review of accounts receivable to ensure adequacy of bad debt allowance in accordance with company policy and make recommendation for bad debt write off.
• Oversee and coordinate periodic update and reconciliation of Investment Account held by Real Estate Investment Trust (REIT). Reconcile escrow reserve and mortgage account held by mortgage companies.
• Review accounting department staff functions and reassign job roles or function to ensure proper segregation of duties, transaction recording, posting and authorization of documentation to support efficient reporting of financial information.
• Monitor Housing company property insurance coverage and engage in dialogue with insurance broker/agent to ensure that coverage’s are adequate.
• Ensure that annual audits engagement letters are received and general ledger, trial balance, working papers schedules and reconciliations are presented to the auditor, and signoff on management representation letters after completion of audit.
• Report to Board of Directors on a quarterly basis the financial performance of the company and present any special project financial analysis that will affect the company future operation.
• Coordinate the annual preparation and periodic review of budgets, variance analysis, interim financial forecast and projection, general financial analysis and present report on variances as required by management and government agency.
• Engage in periodic internal control review to ensure compliance with company policy and government regulatory laws and guidelines.
• Prepare draft of annual financial statements for audit and interface with external auditors (CPA) during the audit engagement to address technical financial reporting issues.
• Coordinate and oversee Workmen’s Compensation audits, OMB Circular A-133 and Government Agency compliance, performance audits and labor union audits.
• Oversee and coordinate the annual preparation and filing of the entities corporation tax return, quarterly payroll tax returns, annual W-2, 1099 and 1098 returns.
• Oversee and perform HR administrative functions relating to 401K, group health and life benefit plan, and labor union health benefit, review employee personnel file for I-9, W-4, for compliance with employment regulations and garnishments.
• Administrator of all workmen’s compensation and disability related matters and coordinate claim process with insurance consulting agent.
• Undertake all special projects relating to the preparation and presentation of financial information as requested by management and government agencies.

Confidential, Mt Vernon, NY

Accounting Manager

Responsibilities:

• Coordinate all accounting activities, and prepare annual 1099s and Quarterly Sales Tax Returns.
• Implement internal control procedures to ensure proper documentation and record for the processing of vendor payments and appropriate inventory valuation basis.
• Review payroll to ensure that time cards corresponds with employee pay checks prepared by payroll service.
• Prepare quarterly and annual financial statements in accordance with GAAP.
• Prepare bank reconciliations, journal entries, and monthly closing entries.
• Develop and implement cost accounting system and methodology to determine standard product cost per unit;
• Determine and compute labor rate per hour and overhead absorption rate for factory and administration cost.
• Introduce the concept of margin analysis and pricing methods for wholesale customers resulting in increased sales from 3.5M to 4.4M
• Create Budget, Financial Statements and many other templates using excel spreadsheet.
• Assist in the development of chargeback system and make recommendations for its control and management which resulted in over $50,000 repayment from wholesalers.
• Prepare annual budget and coordinate monitoring strategies with outside CPA for discussion with CEO.

Confidential, Mt. Vernon, NY

Finance Manager

Responsibilities:

• Responsible for all accounting and financial reporting activities relating to the financial operation of the company, and implement policies and procedures to ensure proper accounting and financial reporting.
• Supervise accounting department staff which comprise accounts receivable, payable and cash disbursement, payroll and purchasing personnel.
• Responsible for construction project cash management and reporting status to CFO
• Engage in discussions with project managers on the progress of their construction projects in order to prepare AIA Form G702 percentage of completion billing requisitions.
• Oversee the preparation of billing requisitions package.
• Coordinate with estimators the proper classification of project cost/budget to be entered into the accounting system.
• Ensure that incurred costs are properly allocated to their respective construction projects.
• Ensure that construction project cost/budget is updated into the accounting system; conduct periodic review of project cost and update project managers of cost over run.
• Supervise payment to vendors, sub-contractors and ensure the maintenance of client vendor relationships; ensure that subcontractors obtain lien waivers upon payment.
• Provide project managers with up to date cost analysis vs budget on their respective construction project and discuss matters relating to change orders.
• Review payroll and the related journal entry, and ensure that payroll cost is properly allocated to their respective projects; and that employees listed on certified payroll correspond with job projects sign in log.
• Prepared financial statements and WIP schedule as needed for bonding insurance requirement.
• Prepare accounting schedules and analysis upon request by the auditors for bi-annual financial statement review, and liaison with auditors during annual audit process.
• Resolve any technical accounting issues relating to the preparation of the audit report

Confidential

Financial/Cost Controller

Responsibilities:

• Responsible for all accounting and financial reporting activities relating to the financial operation of the company, and implement policies and procedures to ensure proper accounting and financial reporting.
• Oversee the preparation of the annual financial statement; Prepare accounting schedules and analysis upon request by the auditors and provide assistance to the auditors to resolve matters relevant to the audit process.
• Directed the development of a new integrated point of sale and inventory control computer program for the Island wide distribution outlets.
• Responsible for the implementation and development of cost accounting methods, inventory valuation and control procedures for the distribution division that generated over $500 million annual sales;
• Oversee the maintenance of the cost accounting system and cost ledger.
• Conduct periodic review of variance reports and investigate material adverse changes.
• Apply the use of all appropriate costing methods to determine product cost per unit.
• Apply break-even and variance analysis to develop decision making and budgeting strategies.

Confidential

Assistant Financial Controller

Responsibilities:

• Prepare monthly financial and budget variance reports
• Review night audit and daily income audit reports
• Review monthly food and beverage department activity and reconcile cost of sales to inventory;
• Review vendor invoice with purchase orders and delivery tickets for completeness before vendor payments are processed; Prepare payroll, journal entries and annual financial statements for audit.
• Coordinate annual financial statement audit, prepare accounts reconciliations, analysis and schedules for auditors’ working papers.
• Supervise accounting department staff.