LORI MORK
N** W***** Alta Vista Dr. Sussex, WI **089 Cell: 262-***-****
ac8e5i@r.postjobfree.com
BACKGROUND SUMMARY
A conscientious Accounting Professional with over 15 years of extensive analytical, budgetary, financial and computer experience in a manufacturing environment. Functional expertise includes:
Budgeting Financial Reporting Cash Management
Month/Year End Close Fixed Assets General Ledger/Journal Entries
AR/Collections Process Improvement Bank & Account Reconciliations
EMPLOYMENT HISTORY
Tarsus Exhibitions Group, Brookfield WI Jan 2016 to present
Organizes Medical, Off-price and Label / Packing Exhibitions and Conferences around the world.
Accountant – Label Expo Americas and Latin America
Responsible for the incremental billings, AR and collections of all show exhibitors
Monthly Financial reporting to parent company in the UK, including cash forecasting, detailed AR reports and input of information into financial software
Month end close, posting of all AP and journal entries for the Label Expo Division
Maintain General Ledger, Sales Ledger and all Bank Rec’s
Report and investigate discrepancies between Actuals and Forecast for each show
CL&D Graphics / CL&D Digital, Hartland WI Feb 2015 to Dec 2015
Provider of high quality printed labels, pouches and flexible packaging.
Accounting Supervisor
Book all journal entries and reconciled Balance Sheet Accounts
Maintained Fixed Asset Software, depreciation computation and CIP
Calculate and post Payroll and Commission entries
Government reporting, Audit Schedules and Sales & Use Tax
Reconcile company credit card transactions
Assist AR/AP with daily workload
Waukesha Tool & Stamping, LLC dba Waukesha Metal Products – Sussex, WI 2009-2014
A full service metal forming manufacturer that offers prototyping, tool design and build, sheet metal fabrication, metal stamping, welding and assembly services.
Accountant
Provide accurate financial statements including income statement, balance sheet, cash flow, and borrower’s certificates to Investors, Bank and Board of Directors
Responsible for general ledger maintenance and all journal entries, reconcile all balance sheet accounts, develop and maintain all spreadsheets used for reporting, budgeting and special projects
Prepare schedules and supporting documents for Bank, Worker’s Compensation and Year End audits
Responsible for the AR/Credit function and cut the AR Days outstanding from 68 to 36
Calculate and administer AR Insurance, and provide monthly reports as required
Run, review and post weekly/monthly Standard Cost report and Commission reports
Record Fixed Asset additions, disposals and update depreciation as required
Review and reconcile all Consignment Inventory
Milwaukee Electric Tool Corporation, Brookfield, WI 1990-2008
A subsidiary of Techtronic Industries Co. Ltd. that develops manufactures and markets heavy-duty power tools and accessories. Other brands of Techtronic Industries include Ryobi, Homelite, Hoover, Craftsman and Rigid.
AP Supervisor / Senior Financial Accountant / Corporate Accountant
Directed the Accounts Payable members regarding invoice coding and other procedural issues to insure proper accounting of expenses
Reconciled the intercompany Accounts Payable issues, both foreign and domestic, to provide accurate consolidated results
Managed the ERS (Electronic Receipt Settlement) system to ensure accuracy and compliance resulting in workforce reduction
Processed and Audited over 500 monthly expense reports for accuracy and compliance with company policies
Managed the process of accruing month and year end expenses to ensure proper accounting procedures were followed
Directed the Information Services Department to implement changes and design improvements to the Accounts Payable Systems which improved productivity by 20%
Responsible for closing and maintaining the US and Canadian General Ledgers, managed the budgeting process and reported financial results to management
Developed and implemented financial reporting changes for new owners and management’s reporting requirements, both locally and abroad
Analyzed the financial environment to streamline input of data and improve the consistency and integrity of information being reported
Developed a new detailed budget process which allowed for monthly variance reporting for management
Led the Hyperion Planning implementation and development team that installed the new budget software resulting in cost savings of $200 thousand annually
Created and maintained Lotus Notes Databases for reporting Trending, Budget and Financial information
Assisted in the implementation of a new general ledger system with no disruption to the business, and provided formal training to system users
Managed and audited a $4.0 million Marketing Promotion, and assisted/trained the sales personnel in the administration of the program
Responsible for the general accounting functions and consolidation of foreign subsidiaries
Developed procedures and spreadsheets that reduced the monthly closing from 8 to 2 days
Prepared financial reports with variance analysis for management to improve operations
Assisted in the preparation of tax, corporate, government and audit schedules
Administered $20 million in Distributor Rebate programs, analyzed exceptions and issued payment for various programs
Developed customer profitability statements for marketing analysis of effectiveness of spending by customer channel
Audited Canadian subsidiary’s procedures and recommended process improvements
Created ad hoc reports using JD Edwards and Hyperion software to shorten required analysis
Managed the daily cash position for the company’s requirements
Performed various Account and Bank reconciliation’s
Other relevant experience with Milwaukee Electric Tool:
Accounts Receivable Supervisor / Assistant Credit Manager
Responsible for the integrity of the AR function and managed the daily workflow of 8 employees
Implemented on-line Accounts Receivable system which cut application time by 50%
Overviewed the monthly application of $28 million in Lockbox deposits
Gathered relevant data to resolve customer disputes
Trained new employees to administer the Accounts Receivable functions
Administered the credit department activities in the absence of the credit manager
Responsible for the credit/collection of over 8,000 Distributors
Reviewed and approved the processing of one-time credit applications
Authorized the release of daily orders of those on that were on hold
EDUCATION
Bachelor of Science in Business Administration - Accounting
Michigan Technological University, Houghton MI
Software Proficiency
SAP, Sage
Tagetik
Logic / Radius ERP Systems
Plex Online Systems
Outlook
JD Edwards financial and reporting software, Version 7.3 and 8.1
Hyperion Enterprise, Reporting and Analyst and Planning
Excel
Lotus Notes Email and Databases
Microsoft Word