Payroll General
Resume:
James Fienemann
Portland, CT 06480
**************@*******.***
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SUMMARY
An energetic, hard working experienced Senior Staff Accountant who
maintains a high level of confidentiality while performing financial
analysis of the SAP general ledger system with in a global consumer and
industrial fast paced business environment. Well versed in the area of
payroll and the required degree of accuracy and diplomacy when dealing
with a diverse employee base.
WORK EXPERIENCE
HENKEL CORPORATION
(Formally Loctite Corporation)
Rocky Hill, CT 06067
Senior Staff Accountant
2007 - 2010
Reconciled and monitored $9M Legal Reserve, $12M Prepaid Business
Insurance and Employee Benefit Pools. Calculated $15M Long Term
Incentive Compensation plans as well as $100M Annual Bonus accruals for
all incentive payments. Provided salary and incentive information for
budget process, reconciled payroll liability accounts and 5 Payroll
bank reconciliations. Provided support for all KPMG audits.
Trained Manila Shared Service team on all responsibilities
transitioned.
Transitioned monthly Payroll posting expenses to Manila Shared Service.
Merged all incentive accruals to Henkel Shared Services.
Senior Staff Accountant
2004 - 2007
Reconciled and posted monthly Payroll activity for 6 Henkel Companies
on SAP general ledger systems. Reconciled all Payroll liability
accounts and 6 bank reconciliations. Analyzed and prepared quarterly
reporting of estimated year end balances for all payroll related
prepaid and accrued general ledger accounts for Corporate Tax
department. Assisted Controller with confidential calculations of the
Long Term ($6M) and Annual ($35M) Incentive plans.
Transitioned month end payroll upload file for Henkel Puerto Rico,
Adhesives and Loctite from BPCS general ledger system to SAP general
ledger system reducing the number of general ledger month end closes to
one.
Created month end payroll upload file for posting expense for newly
created corporation Henkel of America ensuring a quick and accurate
closing process.
James Fienemann Page 2
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Senior Payroll Analyst
1997- 2004
Reconciled and posted monthly Payroll for 2 Henkel Companies on BPCS
general ledger systems. Reconciled all Payroll liability accounts and
2 bank reconciliations. Analyzed and prepared quarterly reporting of
estimated year end balances for all Payroll accounts for Corporate Tax
department. Assisted with the administration of complex issues
regarding the 16 Expatriate employees, included preparation of balance
sheets and cola reconciliations. Reviewed and authorized payment of
payroll processing costs.
Assisted Payroll Process Team responsible for converting entire Henkel
U.S. locations from Ceridian / ADP Payroll Processing to Pro Business.
The conversion of over 4,500 employees to one payroll system which
reduced payroll processing costs and the eventual consolidation of 5
payroll departments to 2.
Converted Dexter payrolls from Monthly and Weekly processing to
Biweekly reducing payroll processing costs.
Participated in Payroll integration of Dexter (1,000 employees) into
the Henkel Payroll.
Payroll Coordinator
1993 - 1997
Reconciled and posted monthly Payroll expenses for Henkel Loctite.
Reconciled all Payroll liability accounts. Processed and posted
monthly Expatriate Payroll expenses. Analyzed and monitored payroll and
general ledger expenses related to the company consolidation (1993) and
realignment (1995). Involved with annual workers compensation audits
conducted by Wausau Insurance.
Converted the Loctite Employee Credit Union and merged it into Dutch
Point Credit Union increasing banking options.
Assumed the role of acting Payroll supervisor for a department of 5
from May 1993 through April 1994.
Received Significant Achievement Award for the payroll consolidation of
the Industrial and Automotive and Consumer divisions.
Payroll Assistant
1990 - 1993
Prepared all payrolls including the calculation of salary increases and
retroactive payments. Completed all wage verifications, payment of all
garnishments and other supplemental payments. Consolidated wage and
tax information to prepare state income tax returns filed: weekly, semi-
monthly, monthly, quarterly and annually for 40 states.
Instrumental in changing from a manual payroll to Ceridian payroll
software increasing departmental efficiencies.
Implemented new Connecticut State Income Tax.
Responsible for training all new payroll employees.
Converted from a Weekly and Semi-monthly payroll processing to Biweekly
reducing payroll processing costs.
EDUCATION
Morse School of Business - Certificate of Completion in Accounting
with - High Honors.
Tiekyo Post University - Completed courses toward a Bachelor of Science
degree in Finance.
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