Petronilla Manthi

** ********* ***, *******, ** *7508, ab42a6@r.postjobfree.com, Cell: 973-***-****

SUMMARY

• Extensive experience in general accounting, analysis, planning, reporting, budgets, forecast, and project

management.

• Well able to prepare financial reports for multiple Business Units, from daily transactions to month end

close.

• Perform analytical review of actual results versus the budget/forecast.

• Excellent work experience on balance sheet/account reconciliations, accurate P&L, and general ledger.

• Award winner for the Six Sigma best tools use in processing invoices for effective and efficient

outcome.

• Proficient in internal audit, external audit, and Sarbanes-Oxley (SOX).

• Coordination of requests with external/internal auditors in facilitating the flow of information and

documentation.

• Accurately and timely prepared detailed reconciliation, amortization, and depreciation for month end

close.

• Utilized Six Sigma skills, experience, and extensive knowledge on asset management to cross pollinate

value- added-processes to the IT Finance Group, generating improvements in managing the overall CIP

(Capital in Process), and PeopleSoft Asset Management, reducing the CIP balance from 28Million to

8Million.

• Team leader for analyzing invoices for accurate and timely capitalization and cost adjustments.

• Processed transfers and retirements of assets, calculating unit cost, creating descriptions, and calculating

depreciation projections which are instrumental into ensuring seamless financial processes.

• Participated in various projects related to reducing administrative cost and efficient management through

detailed analysis.

• Critical thinker who can understand intricate details and provide creative solutions.

SOFTWARE SKILLS

• Oracle, Cognos, Ess-base, SAP, PeopleSoft Financials, PeopleSoft Asset Management, N-Vision

Reporting, Hyperion Financials.

• ACES (Approved Capital Expenditures System),

• Dealer Sales Incentive System,

• Microsoft Office Suite - Excel, Word, Access, PowerPoint, Pivot Tables, Lookup Tables, Outlook.

PROFESSIONAL EXPERIENCE

BMW North America Headquarters, Woodcliff Lakes, NJ 08/2012 – 03/2013

Planning & Controlling Analyst (Consulting)

• Support payment processes that involves, cash subsidies to centers, retail personnel and consumer.

• Ownership of certain administrative procedures and systems to ensure accurate and timely payments.

• Analyze and approve monthly Payment Requests Exceptions to ensure company controls and guide lines

are followed in excel format.

• Setting up programs and documenting everything for proper process.

• Maintain audit files and accurately report cash incentive program information.

Quest Diagnostics, Lyndhurst, NJ 12/2007 – 05/2011

Senior Accountant, IT Finance Business Unit

Petronilla Manthi

20 Buschmann Ave, Haledon, NJ 07508, ab42a6@r.postjobfree.com, Cell: 973-***-****

• Performed day-to-day financial related tasks as well as projects requiring financial planning, analysis, and

tracking and prepared budget summaries, variance analysis and PowerPoint presentations.

• Participated in monthly, year-end reports, budgets, and forecasts.

• Performed month end closing activities including journal entries, and account analysis.

• Participated in the monthly financial closing process to ensure its integrity and timeliness.

• Prepared and reviewed supporting schedules related to monthly and annual financial statement

closing process for specifically assigned accounts.

• Investigated material variances in key income statement line items from budget and prior periods, as

required.

• Performed special analysis/research as required.

• Prepared balance sheet reconciliations for month end close.

• Performed ACES/GL reconciliation and monthly GL (General Ledger) closes, and reconcile taxable to

non-taxable capital in-progress accounts.

• Administered the review of capitalization, cost adjustments, and retirements of IT fixed assets

encompassing, calculating unit cost, creating descriptions, and calculating depreciation projections

which are instrumental in ensuring seamless financial processes.

• Handled monthly spend data, including running, modifying, creating and distributing reports in Access

to IT analysts and projects field managers.

• Provided support to the IT Finance Business Unit, through monthly and quarterly variance and

profitability analyses, as well as ad hoc analyses.

• Reviewed financial transactions and verify source documents for accuracy, completeness, authorization,

and coding, as well as proper application of charge codes for general expense and capital, and discounts

in order to verify general ledger balances.

• Maintained monthly work papers and checklists for expenditures, transfers, retirements, and inventory in

accordance with GAAP/FASB and applicable laws, rules, policies, and procedures to accurately report

the results.

• Improved and updated Additions, Cost Adjustment, CIP (Capital in Process) Reconciliation, balance

sheet reconciliation and Capital Spending Reports for effective and accurate reporting.

• Applied dedication and strong work ethic to evaluate and improve the capitalization process and Manage

CIP.

• Reviewed Capital spending reports, update, and present them timely for month end close.

• Monthly preparation and closing of ACES and PS AM as well as various reporting requirements which

include, YTD Assets Adds, Adjustments, Asset Tags, and overall IT Capital Spending.

• Utilized Six Sigma skills, experience, and extensive knowledge on asset management to cross pollinate

value added processes to the IT Finance Group, generating improvements in managing the overall CIP

and PS Asset Management, reducing the CIP balance from 28M to 8M.

• The open projects were capitalized and closed with a reduction from 176 open projects to 105 a 40%

improvement.

• Timely and accurate (documentation of supporting documents– self audit) and capitalization of

outstanding projects reduced the monthly accrual journal entries by 50%.

Petronilla Manthi

20 Buschmann Ave, Haledon, NJ 07508, ab42a6@r.postjobfree.com, Cell: 973-***-****

• Leverage experience in Asset Management by working with IT Finance Group to ensure better

understanding of the Asset Management processes for continuous improvement.

• Streamlined processes (elimination of unnecessary reports) to ensure that the most critical and value-

added tools are generated to assist operations in meeting targets related to capital spending and

depreciation.

• Reconciled financial discrepancies by collecting and analyzing account information.

• Maintained accurate P&L and revenue recognition.

• Ensured financial integrity is maintained and internal controls are operating effectively.

• Transition of IT Finance Fixed Assets department – Asset Management from Lyndhurst NJ to

Collegeville PA.

Quest Diagnostics, Lyndhurst, NJ 09/2002 – 12/2007

Staff Accountant to Accountant

• Prepared Capital Spending Analyst Call Binder Documentation for corporate monthly and quarterly close

for corporate external reporting.

• Actively involved in monthly, quarterly, intangible reports and a Five Year Projection Intangibles Report

for external reporting.

• Reviewed staff accountants’ reports; provide training on Fixed Assets from invoicing to capitalization in

compliance with Generally Accepted Accounting Principles (GAAP) & company policies.

• Created and prepared monthly Plant, Property & Equipment Fluctuation Analysis Report to monitor

monthly trend for significant variances.

• Prepared accurate and detailed reconciliation for fixed assets cost, amortization, depreciation,

adjustments, transfer, and retirements.

• Reviewed monthly of ACES/CIP interface to make sure all monthly entries interfaced and any variances

investigated and adjusted accordingly.

• Prepared monthly Balance Sheet Reconciliation, Capital Spending Report, and Fixed Asset Gain & Loss

for the entire company.

• Prepared journal entries to reflect correction of errors, write-offs, and re-class of assets.

• Contributed in both internal and external audit process by providing supporting documents, preparing

schedules, and answering inquiries.

• Team leader in (SOX) Sarbanes-Oxley Internal Audit Control for the Corporate Fixed Assets Group in

2006 and 2007 as a “Process owner” – reviewed tests by staff accountants.

• Assisted in integration of new acquisitions, e.g. LabOne integration process.

• Prepared monthly analysis of capital projects for purpose of capitalization of interest in accordance with

SFAS #34.

• Worked closely with business units and departments to ensure that capital expenditures requests and

related payments are processed timely and accurate.

• Actively involved in transition of Corporate Fixed Assets Department from Collegeville PA to Lyndhurst

NJ in 2002/2003.

• Attended and Completed Six Sigma Green Belt Training in 2006 and in 2008 completed two corporate

projects obtaining a Six Sigma Green Belt Certification.

• Presented the Corporate Fixed Asset Six Sigma Science Fair Project for two consecutive years, 2006 and

2007 in a company-wide event.

Petronilla Manthi

20 Buschmann Ave, Haledon, NJ 07508, ab42a6@r.postjobfree.com, Cell: 973-***-****

• Ensured controls were in place to appropriately account for and safeguard assets and maintain compliance

with Company policy and procedures and enforce compliance.

Patents Construction (Harsco Corp), Paramus, NJ 05/2000 – 08/2002

Staff Accountant

• Office Organization Skills, day-to-day general accounting tasks, Accounts Payable, Accounts Receivable,

Reconciliations, etc.

EDUCATION

• MBA in Accounting, Colorado Technical University, Colorado Springs, CO 2008

• Bachelors in Accounting, William Paterson University, Wayne, 2000

CERTIFICATION

• Certified Six Sigma Green Belt 2008

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