KAREN L. POWELL

*** ********* **** ****, ** *****

870-***-**** ad4685@r.postjobfree.com

www.linkedin.com/in/karenlpowell

Summary

Accomplished accounting professional with extensive years of hands-on experience working in diverse industries of pulp and paper to transportation. Out of the box thinker who focuses on process improvements through cross-functional collaboration. Solid reputation as a self-directed professional with excellent problem-solving, computer, communication, analytical and management skills.

Accounts Payable

Accounts Receivable

Payroll

Financial Statements

Financial Analysis

Report Development

Fixed Assets

Professional Experience

Day and Zimmermann, LLC, Texarkana, TX 2020 - Current

Cost/Program Analyst (Remote)

Analyze all elements of cost in the manufacturing process for a production contract, evaluating against budget and creating forecast for remainder of the contract.

Analyze data to identify variances and research each variance, working with Operations, Supply Chain and Program Management to understand and/or resolve variances.

Husqvarna Outdoor Products, Nashville, AR 2014 – 2020

Accountant

Produce daily and weekly reports for production to analyze performance; prepare the annual budget; and maintain fixed asset ledger.

Generate a weekly P&L estimate for the plant manager. This estimate factored in actual transactional business generated each day, as well as estimates of all other revenues and expenses.

Developed departmental spending reports to inform department heads of current versus prior period spending on monthly basis improving financial awareness.

Work Closely with project managers in order to gather information on the status of projects; advised project managers on resolution of issues related to improper spending or overspending on projects.

Maintained financial accuracy of $111M in fixed assets through proper capitalizations, transfers, additions, disposals, depreciation, and depletion. Provided monthly and quarterly reconciliations and rollforward schedules. Conducted physical inventory audits at multiple locations. Assisted plant managers to resolve inquiry and documentation requested by external auditors.

Karen L. Powell 870-***-**** Page 2

Georgia-Pacific LLC, Hope, AR 2008 – 2014

Plant Accountant

Produced daily reports for production to grade and analyze performance; prepared the annual budget. Published monthly, quarterly, and annual analytical reviews and variance analysis of actual versus budgeted P&L.

Developed departmental spending reports to inform department heads of actual versus budget spending on monthly basis improving financial awareness.

Reduced the time required for the annual budget preparation by 50% with integrated spreadsheets.

Collaborated with the Process Logic Control (PLC) specialist and developed a database which tracked each production run; daily reports were more detailed allowing production leaders to identify gaps and work on improvements.

Partnered with the PLC specialist and corporate IT specialist; created an automated system to give run detail by press load, which tracked actual downtime throughout the day and provided exact data when the downtime occurred and exactly how long it lasted.

Pafford Medical Billing Services, Hope, AR 2007 – 2008

Accountant

Prepared monthly financial statements for four (4) Pafford Companies, balanced multiple bank statements, and processed weekly payments to vendors.

Champion Parts, Inc., Hope, AR 1999 – 2007

Plant Controller (2000 – 2007)

Examined and analyzed journal and ledger entries, bank statements, inventories, expenditures and other accounting and financial records to ensure financial recording accuracy and compliance with GAAP and corporate accounting policies.

Managed the Accounts Payable Clerk, the Front Desk Clerk, and the Senior Staff Accountant.

Worked with IT to set up the correct codes in the special production transactions system; system then tracked all production timely and correctly and generated accurate production reports at any point during the month.

Analyzed and reconciled key balance sheet accounts on monthly basis, ensuring appropriate controls.

Assisted in the preparation of the 10Q and 10K including consolidated financial statements with footnotes, segment information, and options schedules.

Prepared audit schedules and quarterly reporting package for external auditors supporting 10Q/10K.

Coordinated quarterly external audit site visits and management responses to audit findings.

Ensured standards were accurate and adjusted based on actual performance for raw materials and finished goods.

Senior Staff Accountant (1999 – 2000)

Handled all accounting activities for the Canadian Division (financial statement preparation, accounts payable, accounts receivable, payroll, etc).

Karen L. Powell 870-***-**** Page 3

Other Professional Experience

J.D. & Billy Hines Trucking, Inc., Prescott, AR

Accounting Manager

Presented the monthly financial statements and annual budget; maintained daily cash requirements by analyzing the cash position and financial activity.

Supervised the Accounts Payable and the Parts/Purchasing Departments.

Staff Accountant

Prepared monthly account reconciliations, maintained annual licenses and permits and generated Fuel Tax Reports, Sales Tax Reports, and Federal Road Use Reports.

Education

BBA, Accounting, Henderson State University, Arkadelphia, AR

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