Accounting Process Improvement

CHERRY SCHESEL ● ********@*******.*** ● 651-***-**** ● Page 1

CHERRY SCHESEL

**** ******** ***** ***** ***** • Hugo, MN 55038 • ********@*******.*** • 651-***-****

Dependable and detail-oriented Accountant with extensive experience in multiple industries and

additional understanding of property accounting

ANALYSIS ● ● ● ● ●

ACCOUNTING GAAP FORECASTING BUDGETS REPORTS

SUMMARY OF QUALIFICATIONS

• Bachelor of Science Degree in Accounting and an understanding of all generally accepted

accounting principles (GAAP)

• Experienced with accounts payable and receivable, journal entry maintenance, financial analysis and

forecasting as well as budgeting and month-end closing procedures

• Knowledgeable in property accounting and capable of handling all accounting functions for multiple

properties simultaneously

• Proven history of saving revenue and recovery of funds through process improvement and acute

attention to detail

CAREER ACHIEVEMENTS AND SKILLS

Accounting

• Attended monthly cash flow meetings with property managers to coordinate and formulate budgets

in collaboration with property managers

• Skilled in budgets; monthly balance sheets and income statements; analysis of data, balance sheets,

revenue and expense accounts; cash and accrual accounting; discrepancy resolution and financial

forecasting

• Capable in reconciliation of assets and liabilities from general ledger to trial balance, processing

month end journal entries and analysis of prepaid asset accounts

• Handled the checking and payroll accounts including monthly reconciliation for multiple companies

simultaneously

• Processed periodic payments such as mortgage, lease and payroll taxes

Taxes

• Experienced in preparation and distribution of 1098, 1099A, 1099C and 1099Misc forms, processing

permanent differences and reconciliation as well as monthly and quarterly use tax return preparation

• Facilitated use tax audits by gathering material and answering questions in coordination with

auditors in addition to generation of quarterly and annual payroll tax returns

Property Accounting

• Provide all accounting functions such as posting cash, bank reconciliation, budget, financial

statements and journal entries for multiple properties including commercial, healthcare, HUD and coops

• Provide services to third party Investment Real Estate Taxes (IRET) and capable of taking on

additional property workload to cover for staff attrition and employees on leave

Process Improvement

• Improved efficiency through implementing new procedures for 1098s and 1099s consolidating all

processing to one location which increased accuracy and reduced redundancy

• Saved company revenue through quickly discovering a check that was sent for the wrong amount

and recovering the check from the vendor

• Recovered funds through research of tax and insurance amounts taken by mortgage company and

requesting return of overpaid amounts

• Acknowledged for excellence in accounting records by a third party client through learning and

accurate use of MRI system

• Reclaimed overage of gas company expenses paid for two properties through discovery and

correction of misread meters

PROFESSIONAL EXPERIENCE

STAFF ACCOUNTANT May 2006 – March 2010

FRAUENSHUH Edina, MN

PROPERTY ACCOUNTANT November 2004 – May 2006

LASALLE MANAGEMENT GROUP Minneapolis, MN

PROPERTY ACCOUNTANT August 2004 – November 2004

SHELTER CORPORATION Minneapolis, MN

TAX ACCOUNTANT July 2000 – August 2004

GREEN TREE SERVICING LLC St. Paul, MN

EDUCATION AND TRAINING

BACHELOR OF SCIENCE DEGREE / ACCOUNTING

UNIVERSITY OF WISCONSIN River Falls, WI

ASSOCIATE IN ARTS DEGREE

LAKEWOOD COMMUNITY COLLEGE White Bear Lake, MN

Dean’s List, 2 quarters

COMPUTER SKILLS

• Proficient in Microsoft Office Suite (Word, Excel) Timberline, Kardin and Netscape

• Familiar with SAP, Taxport, IntAcct and MRI

COMMUNITY INVOLVEMENT

• Townhouse Association, Board of Directors, Former Member

Contact this candidate