PHILYCIA H. FOSTER

**** ****** *****, **********, ******* 35071

Home: 205-***-****, Cell: 205-***-****

SUMMARY

A senior, results-oriented professional with more than 15 years of experience in accounting, cash

flow management, financial reporting and financial analysis. Strong PC/spreadsheet skills, team

leader who learns quickly, is patient with technical complexity, and possesses a strong desire to

succeed. An effective interpersonal communicator who directs others easily, and strives to create

a cohesive work environment. Expertise is broad in scope, and includes the following skills:

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Accounts Payable /Receivable Bank Reconciliation

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Journal Entries Financial Reporting

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Budgeting and Forecasting Cash Management

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Human Resources Marketing/Public Relations

PROFESSIONAL EXPERIENCE

The CW Allen Group, Birmingham, AL March 2010 - Present

Controller/HR

Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate

GAAP standards and regulatory requirements. Maintain internal control and safeguards for

receipt of revenue, costs, and program budgets and actual expenditures. Coordinate all audit

activity. Consistently analyze financial data and present financial reports in an accurate and

timely manner; clearly communicate monthly, quarterly, and annual financial statements;

monitor progress and changes and keep senior leadership abreast of financial status. Assist

leadership in the annual budgeting and planning process; administer and review all financial

plans and compare to actual results with a view to identify, explain, and correct variances as

appropriate. Perform and manage payroll. Daily reporting of cash flow. Budget to Actual

spreadsheets, reconciling accounts, deposits, bank reconciliations,journal entries, as well as

collections. Responsible for benefits, new hire packages, and writing new policies and

accounting guidelines. Cash flow projections, balance sheets, trial balance. Accounts Payable,

accounts receivable were also a part of my duties. Responsible for presenting financials to the

CEO and Board of Directors.

Mayco Industries, Birmingham, AL October 2006 - December 2009

Staff Accountant/Manager

Responsible for financial reporting to the controller as well as supervising front office staff.

Managed and supervised billing, accounts receivables, accounts payable, and payroll clerks.

Reconcile all cash receipts to A/R Aging. Prepare JE’s for month end reporting including

accruals. Reconcile bank statements, bank deposits. Create and update production spreadsheets

daily. Update budget to actual spreadsheet. Close out monthly accounts receivable and accounts

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payable. Present budget analysis to General Manager. Depreciation, Fixed assets. Reconcile

billing to aging. Managed organization for SOX compliance.

YWCA of Birmingham, Birmingham, AL February 2004 - October 2006

Staff Accountant

Ensure financial information and transactions are timely and relevant for reporting from

Accounting Office. Prepare daily cash receipts for bank deposits and record all related

transactions. Post financial transactions as they relate to various journal entries. Check writing

for certain accounts. Preparation and transmission of retirement contributions. Reconciliation of

short-term disability, health, and cafeteria plan billings. Perform reconciliation of trial balances

for three different accounts as well as maintaining account ledger and journals. Reconcile bank

statements for all seventeen accounts. Responsible for reviewing payroll and grant billings.

Prepare monthly and year-end financial reports for CEO and department supervisors.

Responsible for data entry of budgets. Coordinate annual audit. Audit petty cash and cash

drawer.

Birmingham YMCA, Birmingham, AL May 1999 - November 2003

Payroll Specialist/Special Projects

Responsible for high volume payroll for all the YMCA’s of Birmingham. Duties include

collecting payroll from eleven branches and entering payroll data into ADP. Set annual payroll

schedule. Issue time card reports from time clock system to the branches. Complete monthly and

quarterly Department of Labor reports. Pay City taxes monthly. Interact with executive directors.

Prepare annual budgets. Key journal entry through accounting software. Specialized payroll

reports for monthly financials. Responsible for organizations first Business Operation Procedure

Manual. Work very close with HR director. Assist HR in paying all benefits, completing new hire

packets. A member of the New Employee Orientation team. Additional duties include Safety and

Risk Management Assistant for the YMCA. These duties include organizing quarterly meetings.

Interacting with company compliance specialist on safety issues for each eleven branches.

Updating mandates and changes with OSHA. Updating and receiving information from other

YMCA of the USA. Managed all incident and accident reports. Work closely with insurance

broker on company insurance policies. Handle annual workman’s compensation audit. Record

and keep files on potential and active lawsuits. Statistical research and reporting on a weekly and

monthly basis.

Community Bio-Resources, Birmingham, AL August 1997 - May 1999

Accounting Assistant

Responsible for Accounts Payable on a daily basis. Duties include: Receipt of invoices, packing

slips, and purchase orders. Month end closing responsibilities include writing journal entries and

entering journal entries into the general ledger on System 36. Inventory analysis. Quarterly

internal reports. Daily deposits. Prepared spreadsheets. Reconciled bank statements. Received

and reviewed service contracts. Assisted marketing department in advertising expenses.

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T.V. Alabama Inc., (ABC 33/40), Anniston, AL June 1994 - June 1997

Business Analyst

Responsible for budget analysis, preparation of financial reports, department expense, internal

and corporate reporting, inventory analysis and fixed assets. Conduct financial analysis, tax

assessments and accounts payable functions. Coordinate human resources transactions as they

relate to employee benefits programs. Prepares accounts receivable, payroll, invoicing, contract

negotiation, petty cash, order entry, bookkeeping, weekly sales report, credit applications, and

deposits.

Defense Accounting Office, Fort McClellan, AL October 1993 - June 1994

Accounting Assistant

Accounts Payable, distribution, filing, and invoicing.

Wal-Mart, Woodbridge, VA January 1993 - August 1993

Accounting Assistant

Verify and deposit incoming cash. Balance daily books through automated system to main office.

Dispense and receive cash drawers to cashiers after verification and balancing. Encode and clear

incoming checks.

EDUCATION

Jacksonville State University, Jacksonville, Alabama

B.A. in Communication, August, 1990

Virginia Union University, Richmond, Virginia

B.S in Accounting, May 1993

TECHNICAL SKILLS

GAAP, Microsoft Word, Outlook & Excel, Quickbooks

Payroll Systems includes: ADP and Realworld

Accounting Software includes: Maycola Progression, Blackbaud, Peachtree, Great Plains,

CUSTOS, JDS/Columbine, and Enterprise

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