Accounting Assistant

Judy A Stephenson, CMA

SUMMARY:

SKILLS

Excellent skills in Word and Excel, as well as Powerpoint and Access. Accounting Programs Infinium, Cognos Reporting, where I was the administrator of both programs and maintained the database, wrote reports and input the annual budget into Cognos; Great Plains, QuickBooks, MAS90, FRX, Hyperion, JD Edwards, Peachtree, SAP, XBRL and Edgarization, and WebFilings. Strong SEC Reporting skills as well as budgeting, forecasting, and cash flow projections.

EXPERIENCE

Contract Work: February 2013 to Present:

Various employers including KBR, FloTek, and Contract Resources US.

Cash Management-prepare 90 day cash flow

Prepare monthly KPI report-commentary written on sales, gross margins, overhead expenses, EBITDA, business development, WIP, and safety issues.

Annual budget and quarterly forecast.

Cash flow projection for the year and updated weekly to actual.

Exchange rate calculation between US and Australian dollars

Monthly AR Report-calculate allowances for doubtful debt and target dates for receivables

Payroll preparation and sales and franchise taxes in ten states.

Prepared tax footnote

Prepared Liquidity and Capital Resources in MD&A .

Prepared reconciliation of Form 1’s from US Government

Prepared Percentage of Completion reconciliation for Joint Ventures

Prepared consolidated VIE (Variable Interest Entity) worksheet and reconciliation

Prepared tie-out binder

Prepared XBRL tagging on Web Filings

Prepared and reconciled percentage of completion footnote

Prepared commitments and contingencies footnote and reconciliation

Prepared XBRL tagging on WebFiling

Prepared for bank audit

Nevada Gold and Casinos, Houston, Texas, 2006–January 2013

Corporate Controller

Prepared 10Q’s and K’s, which includes GAAP and non-GAAP (EBITDA statement) financials, consolidation accounting, maintained accounting and financial reporting system.

Manage regional accounting staffs in four states as well as the IT Department.

Closed all operations by the 7th of the month

Prepared annual budget

Prepare monthly financials reports and participate in P&L meetings with the properties.

Prepared internal financials with detailed notes for material variances from the budget or explanations of unusual or one time expenditures

Prepared Delegation of Authority and Accounting Procedures in compliance with SOX for Corporate Office and the twelve regional operations.

Prepared monthly calculation of cash distribution to Corporate based on EBITDA less allowance for ongoing capital expenses

Negotiated new benefit plan with USI to stay in compliance with the Affordable Health Care Act.

Acquisition and mergers of six properties in Washington; accounting for assets purchasing and achieving a responsible goodwill and intangibles number

Cost accounting for food, beverage, retail and their respective inventories in accordance with GAAP

Construction accounting in the development of the Red River Casino in California done on the percentage of completion method

Ongoing construction accounting for the Las Vegas Speedway Casino using percentage of completion; dealt with contractors and subcontractors

Construction of the Colorado Grande using completed contract; negotiated with contractors, sub-contractors, and specific Colorado state rules on handicapped accessibility

Managed food, beverage, retail, and hotel supply inventories and used cost accounting based on FIFO

Negotiated costs and maintained coverage on general liability, worker’s comp,

Decreased audit costs by 50% by planning in advance and sending electronic files before the auditors came to the office for their fieldwork.

Managed year end and quarterly audit and was main contact for the auditors, bankers, legal, and benefit providers.

State gaming licenses in Mississippi, Colorado, Washington, and South Dakota.

Prepare all schedules that are reported in public filings

For state regulatory agencies at fiscal year end, prepare consolidating and individual balance sheets and P&L’s submitted to the state agencies. This required a secondary certification from the outside auditors.

Sent electronic payroll file for all 1,600 employees in five states

Coded and closed AP for all locations; reconciled the AP Control, AP Manual, Interest Payable, and all accrual accounts on a consolidated and consolidating basis

Reviewed daily cash report before submitting to Executives and Audit Committee of the Board of Directors.

Prepared quarterly impairment review for Audit Committee, which included a Goodwill analysis for all operating units

Created a weekly hour long teleconference with property level controllers to discuss issues and reporting schedules

Having access to all the Company’s GL system, served as backup should a controller be on vacation or ill, I could review and post JE’s, transfer cash, etc.

Prepared the due diligence for the S3 filed by the company in November 2011

Oversaw the conversion of all banking to Wells Fargo and maintained the relationship with the bank

Cappellen and Associates, CPA, Houston, Texas, January 2006 – July 2006

Senior Accountant

Contract position during tax season. Prepared professional financial statements, readied clients in various industries for their year end close, audited and made recommendations for adjusting journal entries. Clients included American Polybag in Sugarland, SES Adhesives, and several convenience stores.

Beau Rivage Resorts-MGM Mirage Biloxi, Mississippi, 2003-2005

Assistant Controller

Consolidated accounting for the casino, hotel, food and beverage, retail, spa, pool and other operating units of the resort.

Closed the books monthly by the 7th of the month.

Managed six accountants, one senior accountant, six accounts payable clerks, and ten revenue auditors.

Billed internally MGM Construction for refurbishing the hotel and building the Fallen Oak Golf Course and Clubhouse

Implemented testing for prospective hires and cross training among the accountants for respective duties.

Was considered a “key” employee; at the time of Katrina’s strike was sent to Las Vegas to continue accounting operations and was offered a position at MGM Corporate until the resort was ready to reopen a year later.

Southern Chemical Formulators Mobile, AL 2000-2003

Assistant Controller

Cost accounting for manufacturing of industrial adhesives and commercial cleaners and solvents, including raw materials, labor, and packaging costs. Priced shipping at cost with a $5.00 handling charge per box or $15.00 handling per canister or drum

Reconciled a raw materials, finished goods, and work in progress inventory at month, quarter, and year end

Prepared payroll and handled HR functions such as benefits

Privately held LLC; at year end, after tax calculation equity was divided via disbursement to the two owners. If cash flow was not sufficient to cover the disbursements, set up an interest bearing note payable paid over the course of the next twelve months

Managed A/R for large customers including Kimberly Clark and had four regional warehouses throughout the United States.

Equity Technologies, 1991 - 2000

Controller

Began as a general accountant. Promoted to Senior Accountant when I volunteered to take on the payroll responsibilities.

Cost accounting for manufacture of telephone systems.

Reconciled a raw materials, finished goods, and work in progress inventory at month, quarter, and year end.

Promoted to Accounts Receivable Manager. Maintained a $0.5 million to $0.8 million AR file consisting of large customers (AT&T, Home Depot) and small individual businesses for which we installed phone systems.

Promoted to Assistant Controller; generated internal financials and cash flow reports. Also prepared cash projections for the Company.

Promoted to Controller in 1999 when the Controller retired.

EDUCATION

University of Southern Mississippi, Gulf Park, MS, 1991

B.A., Business Administration with emphasis in Accounting and Finance.

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