Accounts Payable Software

Shari A. Packard

***** **** **** **. * Laurel, MD 20707 * 240-***-****(C)

AREAS OF EXPERTISE SOLUTIONS PROVIDED

Financial Analysis & Account Consolidations, trended, and international

Reconcilations analyses

Streamlining processes for improved Resulted in 50% increased efficiency in close

efficiencies process

Intercompany Analysis Significant hands on experience with complex

recs

Treasury Management & Cash Forecasting Experience with restricted cash flow and cash

management

External Audit Preparation Preparation of yearly audited financials

PROFESSIONAL EXPERIENCE:

Neschen / ACCO, Elkridge, MD (Manufacturing) 2012-Present

Senior Accountant

. Lead month end financial close & analysis in MFG Pro for German

owned company for 2 entities.

. Report on $30M in annual revenue in IFRS reporting structure;

including currency exchange translation for the Euro as well as

Canadian currency.

. Manage intercompany reconciliation between German accounts, as well

as Maryland based joint venture accounts.

. Perform and review monthly account analysis and reconciliations

for company balance sheet accounts with emphasis on treasury

management, intercompany accounts & fixed assets.

The Joy Companies, Hyattsville, MD 2008-2012

Hired in 2008 as a Senior Accountant by the Joy Companies which

consisted of two entities, B. Frank Joy and Carapace. First year was

exclusively with Carapace, LLC which was undergoing restructuring and

eventually closed operations. As one of six accounting department

employees in 2008, I was solely responsible for General Ledger duties.

Over the next 12 months, I took on additional tasks as staff was

reduced. Eventually I handled the disbursement of assets in July

2009. At that time, a decision to terminate all financial staff was

made. Through hard work, breadth of financial knowledge, and

demonstrated loyalty to the company, I was offered an opportunity at

the sister company, B. Frank Joy.

B. Frank Joy, Hyattsville, MD (Construction)

Senior Accountant, 2009-2012

. Performed and reviewed monthly account analysis and reconciliations

for company balance sheet accounts with emphasis on high exposure

accounts: i.e. cash, fixed assets, & subsidiary ledgers.

. Led month end general ledger close process in Timberline software

for 3 entities.

. Performed analysis of financial statement structure and ensured

integrity of accounts.

. Managed fixed assets and maintained fixed asset database using FAS

software.

. Assisted in financial reporting for $30M in revenues.

Carapace, LLC, Savage, MD (Distributor)

Senior Accountant, 2008-2010

. Assisted in stringent cash management guidelines for closing of

operations.

. Took over all operating procedures during company closure, including

accounts receivable, accounts payable, & payroll verification.

. Led monthly close process for parent and subsidiary by performing

all journal entries in A+ Software including intercompany billing,

necessary accruals and prepaid allocations.

. Assisted in financial reporting & analysis for $50M in revenues as

well as external audits for 2 entities.

. Streamlined accounting processes for improved efficiency including

initiating a Trended Income Statement in Excel for analysis

purposes, assisted Accounts Payable department in managing vendor

payments, and implemented recurring journal entry templates in

financial software system, all making a 50% increased efficiency in

the month end close process.

Advertising.Com (a subsidiary of AOL), Baltimore, MD (Internet

Advertising) 2003-2008

This was an exciting opportunity to work in one of the top technology

firms during its extraordinary rise and eventual purchase by AOL. I

was instrumental in audits leading up to its planned public offering,

which was interrupted by its purchase by AOL in 2004. Once enfolded

into AOL, all Advertising.com accounting systems were transitioned to

those used by the public firm of AOL. As this transitional task was

completed, all ongoing accounting tasks were relocated to the world

headquarters in Dulles, VA with final financial reporting done to Time

Warner in NYC, NY. My five years were marked by explosive growth which

forced the accounting department

Shari Packard, continued - page 2 of 2

increase from 8 to 18 staff persons. This growth enabled me to have

all encompassing responsibilities from managing AP to direct reporting

to the CFO.

Senior Staff Accountant/Analyst, 2003-2008

. Assisted in budgeting and forecasting process and analysis using

Excel for $680M in Revenues.

. Provided assistance to departmental managers in the development

and analysis of budgets and forecasts.

. Reviewed budget requests verifying adherence to specified company

guidelines.

. Assisted in comparing budget to actual for variance analysis and

resolution.

. Created ad hoc reports from FRx reporting software using multi-

currency conversions for 17 entities, as well as eliminations.

. Assisted in monthly financial reporting package and SOX compliance

and documentation for AOL.

. Assisted in monthly closings, financial reporting and

consolidations, and external and internal audits.

. Prepared and reviewed journal entries in Great Plains Software

system.

. Liaised with international finance team in London office.

. Performed and reviewed monthly account reconciliations for company

balance sheet accounts.

. Managed Accounts Payable including invoice coding, expense reports &

fixed assets.

OAO Technology Solutions, Inc., Greenbelt, MD (IT Staffing Solutions)

1997-2003

Senior Staff Accountant, 1999-2003

. Assisted in monthly closings, financial reporting, cash management

and internal audits for $150M in revenues using Deltek financial

software for 4 entities.

. Responsible for creating financial reporting in multiple currencies

showing trends, variance analysis, consolidated and consolidating,

balances and activity from Lawson software.

. Performed monthly account analysis and reconciliations for business

unit balance sheet accounts.

. Maintained bank reconciliations for both parent company and

subsidiaries including concentration, investment, and zero balance

accounts including Canadian bank reconciliations.

. Actively engaged in variance analysis for budgeting and developing

departmental budgets.

. Served key role in the implementation of new financial software,

Lawson, by providing analysis for general ledger structure, creating

reports from software's report writer module and setting up general

ledger system in program.

Accounts Payable Manager, 1997-1999

. Supervised staff of 4 at Corporate Headquarters, managing AP for 20

field sites and two subsidiaries with focus on high volume of vendor

invoices totaling over $12M annually.

. Implemented company-wide procedures and policies for streamlining

accounts payable processes.

Affiliated Sante Group, Silver Spring, MD (Non-Profit) 1996-1997

Accounts Payable Accountant/ Staff Accountant, 1996-1997

. Maintained Accounts Payable system with special attention to

restricted cash flow.

. Assisted in monthly grant billing, 150-employee payroll, monthly

general ledger closing and corresponding schedules, accounts

receivables and fixed asset maintenance.

. Assisted in external audits, budget modifications and multi-

company cash flow.

Synergics, Inc., Annapolis, MD (Hydro-Electric Energy Supplier)

1988-1996

Staff Accountant, 1988-1996

. Managed and streamlined all aspects of computerized Accounts

Payable and Job Cost systems for parent company, subsidiaries

and two independent engineering companies in Timberline

Software.

. Prepared monthly subsidiary financial statements for

consolidation and Controller's review.

Capital Care, Inc., Tysons Corner, VA Hammer, Siler,

George Associates Silver Spring, MD

Accounts Payable Supervisor, 1986-1988 Accounts Payable

Clerk, 1983-1986

EDUCATION:

Benjamin Franklin University, Washington, DC

Associates Degree, Business Administration with Accountancy

concentration

Graduated Cum Laude

*Also experienced in Quickbooks 2013

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