Accounts Payable Receivable

Colleen Layman

*** *** ****** ***** – Bayport, MN 55003

Residence 651-***-**** – Mobile 651-***-**** – ********@*.***

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Finance/Accounting Professional

Detail-oriented problem solver with extensive general ledger experience supported by fixed asset, cash reconciliation,

accounts payable, accounts receivable, purchasing, payroll, project accounting background. Highly motivated, self starter

and goal oriented. Excellent written and oral communication skills.

Highlighted Career Accomplishments – Public Entities

• Reviewed and corrected infrastructure reports for City and had a prior period adjustment of 1.2 million.

• Managed Cities Sales Tax audit and saved City 25,000 in penalties and interest.

Core Competencies

General Ledger Reconciliation, Fixed Asset, Cash Reconciliation, Accounts Receivable, Accounts Payable, Purchasing,

Payroll, Project Accounting, Budgeting, Capital Improvement

Professional Experience

Assistant Finance Director/Accountant – Municipalities, 1996 – 2010

Audit:

Directed the preparation for the Comprehensive Annual Financial Report (CAFR) audit, reviewed audit work

papers, worked directly with auditors for scheduling and any audit questions

Reconciled balance sheet accounts for audit, reviewed revenue and expense accounts for correctness

Made year end accrual entries

Prepared State report for annual CAFR

Closed and reopened general ledger for following year

Reversed prior year accruals

General Ledger:

Responsible for fixed assets, created journal entries, depreciated, reconciled to general ledger, calculated

gains/losses on assets sold

Responsible for infrastructure, created journal entries, depreciated, reconciled to general ledger, calculated gain or

loss on disposal

Created and reconciled ambulance billing reports – new to City

Prepared and made bank deposits - reconciled bank statements

Prepared insurance application for Cities and spread costs

Reviewed accounts payable invoices for coding

Prepared and processed interdepartmental billing

Created reports for and processed accounts receivable billing

Prepared journal entries for electronic payments and transmitted electronic payments

Prepared sales tax reports and transmitted

Prepared projected personnel costs for annual budget

Monitored and prepared grant reconciliations

Maintained assessment information, answered owner and outside party questions, maintained deferred assessment

list, kept track of payments made, sent annual report to County, reconciled to general ledger

Created and entered journal entries for tax collection

Approved contract payments and reviewed construction contracts before final payment made

Maintained and processed annexations to City

Processed payroll and submitted electronic deposits and reports

Approved purchase order requests over Cities threshold

Reviewed, set up, adjusted, liquidated approved loans with City

Closed accounts receivable and general journal monthly

Created accounts receivable aging reports and followed up with departments for collection

Supervision:

Supervised staff accountant, payroll, accounts receivable, accounts payable personnel

Controller/Office Manager/Accountant – 1991 - 1996

General Ledger:

Maintained accounting records for Partnership

Prepared partnership tax return

Prepared monthly billing

Collected delinquent accounts

Prepared payroll

Prepared accounts payable invoices

Reconciled bank statements

Purchased health insurance for company

Created and submitted monthly, quarterly, annual Federal and State payroll reports

Prepared W2

Prepared 1099

Prepared individual and partnership tax returns

Supervision:

Supervised secretarial staff

Education

Briar Cliff College, B.A. in accounting – Minor Business

Magna Cum Laude

Western Iowa Technical College, A.A. in Accounting

Certification

Certified Public Accountant - current

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