Sales Accounting

Octavius E Smith

*** * *** ****** *** York, NY **030 Home: 646-***-**** Email:********.*.*****@*****.***

Sanford Bar rows Group Hollywood, FL

Contracted P roperty Accountant (Terranova) July 2011 – Present

• Prepare monthly financial statements for company investors.

• Calculate and enters monthly contract i tem accruals such as janitorial, security and utili ty

expenses to match expenses to period incurred, and review t r ial balance for reversing of same

entries in next accounting period.

• Determine and file monthly Florida sales tax.

• Compute and records appropriate depreciation and amortization of fixed assets, tenant

i mprovements, and leasing commissions.

• Prepare annual CAM billings.

• Create annual budgets for four properties.

• Contact customers for past due billing and assist with any billing disputes.

• Updated cash reports on a daily basis.

Modell’s Sporting Goods ($500 M illion Annual Revenue) N ew York, NY

Sr. P roperty Accountant F ebruary 2008 - February 2011

• Audited and processed all property related reconciliations this includes but not limited to CAM

and property taxes.

• Served as liaison between the stores and the landlord.

• Ensured all lease compliance with store and landlord.

• Prepared and filed personal property and commercial rent taxes.

• Performed all accounts payable, receivables, and bank reconciliations for family owned properties

and corporate properties.

• Created monthly financial statements for family owned properties.

• Prepared annual budget and monthly forecast for family owned properties.

• Generated monthly prepaid schedule and monthly accruals as well as assist in monthly close.

(Relocated to be closer to family in South Florida)

Constellation Energy Group ($21 Billion Annual Revenue) New York, NY

Finance and Accounting Associate J uly 2007 - February 2008

• Operated the computerized accounting and forecasting.

• Performed monthly closing books in accordance with the financial reporting deadline.

• Assisted in analyzing financial and operating results, and preparing reports to management

analyzing financial and operating performance.

• Assisted in preparing quarterly and annual budgets for a multi- year planning period in

accordance corporate financial guidelines.

• Prepared reports that analyze and compare variances in financial forecasts and budgets.

• Participated in the design and implementation of financial systems, financial forecast and control

p rocedures

• Analyzed various revenue and cost components to determine areas if profitability.

• Conducted special projects as requested by management.

( Accounting department relocated to Houston Texas.)

SM I T H & WOLLENSKEY RESTAURANT GROUP ($100 M illion Annual Revenue) New York, NY

Staff Accountant November 2005 - Ma rch 2007

• Compiled and analyze financial information for monthly reporting.

• Maintained the General Ledger in accordance with GAAP and SOX.

• Prepared timely analysis and reconciliation of related P&L and Balance Sheet account activity

• Tracked actual expenses against the budget and analyzed variances.

• Assisted in preparation quar terly and year-end audit schedules.

• Performed account reconciliations and obtained any additional supporting documentation.

• Recorded daily receipts and disbursement from the POS System.

• Filed sales monthly t ax return

• Managed month end and year end close procedures

( Company acquired by Patina Restaurant Group)

Atlas Worldwide ($1 Billion in Annual Revenue) P urchase, NY

Senior Accounting Associate M arch – November 2005

• Reengineered current reporting procedures which resulted in lower tu rn around reporting time

and increased accuracy

• Compiled back up documentation to support related entr ies

• Reconciled balance sheet accounts on monthly basis

• Performed monthly cash analysis in conjunction with forecasting future cash f low

• Recorded daily cash receipts and clear unapplied cash

• Responsible included normal cash application activity associated with accounts receivable

• Verified for accuracy between booking, billings, and accounting systems

( Company restructured due to bankruptcy – l aid off)

P rocaccianti Group ($600+ M illion in Annual Revenue) Cranston, R I

P roperty Management Accountant J uly 2003 - November 2004

• Managed the finances of two Mar r iott properties and convention center.

• Prepared monthly financial statement for two properties and convention center.

• Calculated and distr ibutes percentage of monthly profits to investors.

• Managed accounts payable and distributed weekly payroll.

• Reconciled cash daily and performed monthly bank reconciliations.

• Complied with franchise rules regarding retained earning and funding.

• Prepared monthly sales, occupancy, and tourism taxes.

( Relocated to New York)

C areer Accomplishments:

Modell’s Sporting Good - Converted all the family owned properties to QuickBooks.

Smith & Wollensky - Assisted in the implementation of SOX compliance guidelines.

Constellation Energy - Saved the company 5% but implementing new guidelines for expense reports.

Atlas Worldwide - I mproved billing accuracy by reengineering customer bills.

T echnical Skills:

M icrosoft Office, Excel, MAS90, Oracle, QuickBooks, FRX, Yardi

Education:

J ohnson & Wales University, Providence, R I

• MBA Financial Management November 2003

• BS Accounting November 1998

Contact this candidate