Accounting Financial

Joanne Lenz

Fairfield, CT *****

c-203-***-**** • ******@*****.***

WORK EXPERIENCE

Astenbeck Capital Management, LLC January, 2015 – March, 2018

Senior Staff Accountant

Astenbeck Capital Management, LLC is a registered investment advisory firm. The firm manages seven commodity focused hedge funds with a peak AUM of 5billion. I am responsible for general ledger account reconciliation, month end and year end close and preparation of financial statements in accordance with GAAP for 3 of the organizations funds. As well as assisting with maintaining the parent company general ledger and preparation of financial statements.

Financial reporting responsibilities

●Complete monthly accounting close procedures and deliverables that includes journal entries, reconciliations and

reports in compliance with GAAP

●Analysis of critical Balance Sheet accounts.

●Process recurring journals and maintain registers for prepayments and accrued expenses.

●Responsible for receiving, calculating and posting all accounting records for U.S. Treasury Securities, including

amortization and mark to market bookings.

●Reconcile unrealized and realized trade gains and losses, interest and commissions against prime broker records.

●Collaborate with the Funds Administrator and brokers to resolve valuation discrepancies.

● Calculate monthly NAV for three of the firms hedge funds.

● Reconciled the monthly activity and month end NAV with the Funds administrator.

●Preparation of all monthly financial reports, including profit and loss statements, balance sheet, change in partners’

capital and statement of cash flow for three of the firms hedge funds. As well as assist with the Parent company

consolidated financials.

● Interacted with various departments to review and validate financial information.

● Assisted with external audit process and provided all necessary workpapers/data to external Auditors to minimize

their billable hours.

● Prepared the year end audited financial statements for three of the firms hedge funds to be reviewed by management

and external auditors. Also, verified tax returns prepared by external auditors.

● Investigate and resolve issues or queries as they arise in addition to the day to day responsibilities.

General Accounting responsibilities

● Responsible for maintaining chart of accounts.

● Cross trained and assisted with the cash disbursement responsibilities.

● Provide backup for Accounts Payables and Account Receivables.

● Analysis of Fixed Assets and booking of monthly depreciation.

● Intercompany reconciliation.

● Assist in the preparation of the annual budget.

● 1099 and 1096 preparation.

Liaison with IT Dept. responsibilities

● Primary accounting representative on the transition team to evaluate, present to management and select a new

accounting ERP system.

● Assisted with successful migration of the general ledger, accounts payable, accounts receivable and fixed assets

from a Mainframe system to “Microsoft Great Plains (GP) Dynamics” ERP system.

● Designed and implemented new chart of accounts to improve efficiency.

● Developed procedures for new accounting software that is used to streamline the daily running of the Dept.

● Helped to design an automated workflow approval system to streamline invoice and payment approval process.

● Continuously analyze current automation of the accounting and reporting process and present improvements.

● Assist with testing of new software and upgrades and provide user signoffs and documentation for audits.

Phibro LLC, Westport, Connecticut May 1986 – Dec. 2014

Senior Staff accountant

Phibro LLC was an international commodities trading firm. Started as an entry level general accountant and advanced to a senior staff accountant responsible for producing the monthly financial statements.

General Accounting responsibilities

●Worked in every aspect of the daily running of the accounting dept. including:

Processed invoices and maintained monthly accounts receivables and payables billings.

Reviewed and processed employee expense reports.

Prepared checks and processed domestic and international wire transfers.

Bank Reconciliations

Global Intercompany reconciliations for 30+ companies.

Financial reporting responsibilities

●Responsible for month-end close activities, including monthly accruals, account analysis and reconciliations.

●Allocation of worldwide P&L to 20+ profit centers.

●Manage the consolidation process including the recording of consolidating entries and investment in subsidiary transactions.

●Prepared consolidated monthly financial statements for 30+ domestic and international entities.

●Prepared monthly profitability report package.

●Responsible for data delivery from the local ledger/system to parent (Citigroup/Occidental Petroleum) data management systems. (Hyperion/Oracle).

●Preparation of schedules and footnote disclosures supporting the Company’s SEC filing (10K and 10Q).

●Comfortable dealing with multi-currency ledgers and foreign exchange translation.

●Engaged with internal audit team to complete documentation regarding Sarbanes-Oxley (SOX) compliance.

●Managed system change requests process though clear communication and work with IT resources to facilitate resolutions.

QUALIFICATIONS

●Worked in high pressure environment while managing priorities to meet tight financial reporting deadlines.

●Developed and implemented financial systems and controls.

●Dedicated work ethic, detail-oriented, excellent figure aptitude, team-player, self-initiator.

●Strong PC skills in Microsoft Excel and Word.

●Microsoft Dynamics GP (Great Plains) and GP Management reporter Superuser.

●Working knowledge of Hyperion enterprise, HFM and Oracle.

●Banking platforms: CitiDirect, Citibank securities and JPMorgan Chase Online banking.

VOLUNTEER EXPERIENCE

●Served on the Board of the Fairfield Special ED PTA for 7 years. Positions held, Assistant Treasurer 1 year, Treasurer 3 years, and publicity 3 years.

EDUCATION

AS, Business Administration

SUNY at Morrisville, Morrisville, NY

20+ years’ experience in field

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