Manager Accounting

EILEEN M. HOLMAN

512-***-**** Mobile

******.******@***.***

PROFESSIONAL SUMMARY

Experienced Senior Cost Accountant with a demonstrated history of excelling in varied production environments including the electrical and electronic manufacturing industry, overland transportation, and medical device manufacturing. Skilled in Internal Audit, Fixed Assets, Account Reconciliation, Accounting, and Internal Controls. Team player with a passion for driving continuous improvement. Willing to put in extra hours as project and production needs of the organization dictate. Bachelor's degree in Accounting from DeVry University. State of Illinois CPA Certificate holder – transferring to State of Texas.

EXPERIENCE

Farm Credit Bank of Texas Oct 2018-Present

Senior Operations Accountant

Perform monthly/quarterly accrual entries for entry into the general ledger.

Complete monthly account reconciliations, inclusive of proper documentation and support.

Review $4.0M of Accounts Payable for proper coding and entry into the general ledger.

Review and approve in excess of $200K worth of expense reports, on a monthly basis, to ensure sufficient documentation and submission in accordance with company policy.

Track and perform fixed asset reconciliations for $80M worth of fixed assets

Complete budget analysis for the site for Capital assets and the Profit and Loss Statement, including the explanations of significant variances for distribution to Senior Management.

Flextronics, Inc. Nov 2014—Oct 2018

Cost Accountant III

Perform ad-hoc analysis to help provide quantitative data to empower business decisions, including the utilization of advanced Microsoft Excel Skills, such as V-Lookups and pivot tables.

Monitor inventory levels of inventory including raw inventory of approximately $8M, Work in Progress (WIP) inventory of: approximately $3.5M and Finished Goods Inventory of $2.0M.

Conduct daily inventory analysis to solve inventory problems, including the preparation of daily and monthly production cost variance and labor cost variance analyses.

Ensure accuracy in detail of current Cost and Bill of Materials for all products.

Assist in the revaluation of standard costs as related to Production, Work in Progress (WIP) and Finished Goods Inventory and notate the effects on Purchase Price Variance (PPV).

Compile and present Profit & Loss Statements to senior site management on a weekly basis.

Plan, coordinate, and execute Quarterly, Semi-Annual and Annual physical inventories at multiple sites.

Enter, create and review month-end and quarterly accruals to correctly reflect balances in the BaaN general ledger system, as required by Production and Warehouse departments.

Reconcile inventory and assets to the BaaN general ledger system, ensuring reporting accuracy.

Perform the quarterly evaluation of Sarbanes Oxley (SOX) controls for the manufacturing site.

Perform quarterly peer review on the Balance Sheet, on behalf of the Site Controller

Coordinate the year-end audit with the external auditors, Deloitte & Touche, including three year-end WIP audits under the close scrutiny of Deloitte & Touche.

Participate in Shingi (Lean Manufacturing) events which reduce the amount of time and effort expended to address quality and stop-ship situations by the customer.

Calculate and update rates for Labor and Overhead as required.

Create and present the Annual Operating Forecast to Senior Management.

SHORETEL, INC.

Accounts Payable Manager April 2014—Sept 2014

Managed a team of three individuals, directing and approving their activities. Counselled as appropriate.

Ensured timely and accurate payment of outstanding Payables through Microsoft Dynamics AX

Headed a project to enable automated electronic payments options

Provided audit documentation to external auditors, Deloitte & Touche

URS--(CONTRACTOR ROLE)

International/Intercompany Accountant December 2013—March 2014

Performed journal entries to account for international transactions, including foreign currency

Prepared journal entries to account for Intercompany investment transactions

MCLANE COMPANY

Assistant Controller March 2013—December 2013

Prepared and entered accounting close journal entries including the preparation of monthly accruals for both Revenue and Expenses into the Oracle Enterprise Resource Planning (ERP) System.

Compiled and prepared divisional monthly financial statements as well as daily sales figures for senior site management.

Created and maintained a system of internal controls, policies and procedures.

Ensured proper compliance with Federal and State tax laws.

Oversaw the divisional Accounts Payable function as well as all other accounting functions in support of the distribution center

Calculated and updated rates for Labor and Overhead as needed

Reviewed and approved new divisional customers for credit risk, as needed

Prepared and submitted monthly tax returns to multiple taxing jurisdictions.

Performed budgeting and forecasting to create the next year’s operating budget.

NETSPEND CORPORATION

Accounts Payable Manager July 2012—March 2013

Ensured timely and accurate payment of outstanding Payables through Oracle ERP.

Performed monthly accruals to ensure proper statement and representation of expenses and liabilities as it relates to accounts payable.

Performed P&L and Balance Sheet analysis and account reconciliations for pertinent accounts, including expense and liability accounts.

Participated in the process of re-writing the company travel and entertainment policy

Established positive pay processes for Accounts Payable accounts to help mitigate fraud

Managed a team of three individuals

NETSPEND CORPORATION

Commission/Accounts Receivable Team Lead July 2010—June 2012

Interpreted partner commission contracts to ensure proper calculations for commissions in excess of $4M a month.

Performed collections activities on past due accounts to help improve the company’s cash flow.

Performed multiple accruals to ensure proper statement of liabilities and expenses through Oracle ERP.

Entered and accrued the bank partner revenue income into Oracle GL

Designed and implemented Sarbanes Oxley (SOX) controls for financial accounts that were deemed high risk.

Performed monthly account reconciliations for the Accounts Receivable and Commission payable accounts

ARTHROCARE

Senior Process and Controls Accountant June 2009—July2010

Designed and implemented the software system to further enhance the Commissions process, using the SAP Commission Module.

Performed reviews and documentation of SAS 70, Type II and Type I reporting for external vendors.

Prepared documentation for entries input into the General Ledger, SAP, including the fixed asset process.

Maintained the fixed asset portfolio for capitalization of new assets and retirement of existing assets including off-site locations.

Performed accounting for Royalty products including accruals and amortization schedules

Assisted with the preparation of the SEC report filings, Form 10K and 10Q, related to an accounting restatement.

Performed controls analysis to allow the company to regain compliance with Sarbanes Oxley (SOX) and re-enlistment on the NASDAQ stock exchange.

Conducted activities and built reports in support of Month-End Close.

ARTHROCARE (CONTRACTOR ROLE)

Commissions Compensation Analyst July 2008-June 2009

Designed and implemented a process to assist in the analysis of compensation data from newly implemented ERP system, SAP

Created tools that streamlined a highly manual process of the calculation of commissions to a more expedient method, utilizing advanced Microsoft Excel skills

Presented an analysis of control weaknesses and ways to tighten and streamline the procedures around compensation process

DELL, INC 1998-2008

Compensation Accounting Analyst 2006-2008

Ensured timely and accurate payment of commissions/bonuses to the Federal Sales force in accordance with accepted compensation plans.

Conducted regression analyses of pay data to assist in developing future compensation recommendations as well as functioned as the key control over the compensation process for consistency.

Extracted large amounts of relevant data from both internal and external information systems to support compensation analysis.

Ensured accuracy of compensation data by conducting periodic compensation data audits.

Provided guidance to Finance analysts regarding the appropriateness of the quarterly compensation accruals

Corporate Governance Finance Consultant 2005-2006

Coordinated annual assessment of entity level controls required by Sarbanes-Oxley (SOX)

Assisted project team in the implementation and training of Internal Governance System, which contained all Sarbanes Oxley (SOX) controls, level of risk and associated tests and archival of documentation.

Complied a Fraud Assessment to address areas of risk for external auditors

Communicated exceptions resulting from the testing phase to the appropriate level of management for remediation.

Assisted in the accumulation of Sarbanes Oxley (SOX) findings to be presented to the Board of Directors and the Audit Committee

Operations Manager 2004-2005

Exceeded daily performance measures for throughput within the operation for both shipping and receiving functions.

Planned and executed work which included establishing standard processes and setting clear expectations to employees that drive resource efficiency, innovation, and sustainable delivery of results.

Managed personnel activities for a staff of 20 of both regular full-time and contractor associates

Inventory Control Manager 2002-2004

Controlled over $100M worth of inventory at 99.8% accuracy, both physically and logically

Provided guidance to financial management regarding the aging and valuation of on-hand warranty inventory.

Implemented a Green Belt Business Improvement (Six Sigma) project that cut hours by 30% associated with conducting a physical inventory while saving over $60,000

Assisted in choosing new location for a remote warehouse facility for Small Package, next business day delivery while maintaining current service levels

Managed personnel activities for a team 5, both regular full-time and contractor associates

Planned, coordinated, and executed semi-annual physical inventories at multiple sites

Manufacturing Business Controls Finance Advisor 2000-2002

Designed and implemented a Control Self Assessment Program to assist in identifying areas of potential risk within the Manufacturing facility.

Performed variance analysis on production inventory accounts to ensure appropriateness of balances at month end and quarter-end reporting periods

Assisted in the revaluation of standard costs as it related to production inventory.

Entered month-end and quarterly accruals to correctly reflect balances in the Oracle General Ledger for Raw and WIP Inventory accounts

Served as the liaison for Manufacturing with the Internal Audit department

Assisted in establishing of controls for an offsite merge location and ensured correct financial movement of inventory

Internal Audit Finance Analyst 1998-2000

Performed operational audits on an array of business processes throughout the company, including Manufacturing as well as Leasing activities

Ensured that appropriate and required documentation in support of key processes and controls were maintained

Lead and directed a project team that implemented software for automating the Internal Audit Process

EDUCATION

BS, Accounting, DeVry University—Addison, IL

CPA Certificate—State of Illinois—in process of transfer to TX

TECHNICAL SKILLS

MS Office Suite

Advanced Excel

Oracle G/L (GL, AR, AP)

Hyperion

Business Objects

BaaN G/L

Green Belt Certification in Business Process Improvement (BPI)

SAP

Microsoft Dynamics AX

Essbase

Outlook Soft

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