Accounting Manager

Heather LeAnn Hernandez, MBA/MSIM

Email: *************@***.***

Cell: 956-***-****

SUMMARY OF QUALIFICATIONS

Over ten years of progressive Accounting and Finance experience for both not for profit and for profit entities. Experience in both the public and private sectors of corporate accounting that includes both domestic and international entities. Tenure has included IPO’s and standing up accounting operations as well as spin offs, discontinued operations, and acquisitions. Direct responsibility for the calculation, analysis, and distribution of overhead costs of parent company to its subsidiaries. Experience in building intricate budgets for both publicly traded real estate investment trust companies and large private healthcare systems as well as analyzing quarterly budgets and re-forecasting budget models based on trend analyses, KPI’s, and economic evaluations. Key component in stream lining month end close processes and shortening process by 15 days. Facilitated the automation of month end purchase order accruals from a manual process in order to promote efficiency, effectiveness, and cost savings. Extensive knowledge and experience with intricate and complex business roll ups and financial consolidations. Experience in managing large accounting teams and overseeing daily operations in addition to reporting to and working closely with senior management. Skilled financial manager and dynamic leader with in depth knowledge and experience of GAAP, DCAA, and FAR compliance. Experience with evaluating and implementing controls necessary for SOX compliance to ensure optimal efficiencies.

EMPLOYMENT HISTORY

Corporate General Ledger Accounting Manager 9.2011- Current

ITT Exelis, Inc. McLean, Virginia- $6B publicly traded Government Contractor NYSE ticker: XLS

Harris Corporation, Melbourne, Florida- $8B publicly traded Government Contractor NYSE ticker: HRS (Harris acquired Exelis in May 2015)

Management of corporate accounting operations: Accounts Payable, Cash Receipts, Fixed Assets, Financial Analysis, Travel and Expense, and GL Staff.

Perform and oversee month end close of accounting operations for both domestic and international entities.

Experienced with domestic and foreign acquisitions and the accounting for foreign trade entities in Luxembourg, UK, Saudi Arabia, India, Australia, and Dubai.

Responsible for analyzing and providing accounting information to the Director of Technical Accounting and Director of Financial Reporting for 10-K and 10-Q’s, to include completion of Q/A forms.

Responsible for the accounting of domestic and international acquisitions, discontinued operations, spin offs, and acquisitions to include pro-formas, form 10, 8K, opening balance sheet.

Responsible for the analysis and recording of stock purchases, restricted stock, stock options and taxes related to such transactions in addition to all long term and short term debt instruments.

Responsible for the approval of intercompany transactions for domestic and international entities.

Responsible for the quarterly financial analysis/FLUX of financials for variance analysis and government compliance.

Accounting for pension and post retirement activity.

Monthly review and approval of all balance sheet reconciliations and journal entries for multiple currencies/entities.

Responsible for final review and approval of AP invoices for proper GL distribution and Accounting treatment for GAAP and government compliance.

Responsible for evaluating SOW’s and various contracts for compliance with FAR and CAS regulations.

Manage the conduct of and preparation of all supporting schedules for month end, quarterly, and year end audits. Direct contact for internal and external auditors for Accounting.

Tasked with ensuring internal controls are functioning properly in regards to accounting operations, instituted Accounting SOX 404 controls and procedures after IPO/spin off.

Actively ensure that accounting department is in full compliance with GAAP, FAR, and SOX 404.

Responsible for managing, mentoring, and developing career paths for staff accountants, financial analysts, and accounting interns.

Oversaw statutory filings in both the United Kingdom and Luxembourg.

Direct liaison between corporate accounting and all divisions and business units.

Accounting operations liaison during design phase for new ERP implementation.

Experience with pre-acquisition and post-acquisition accounting. Accounting operations direct liaison for new parent company.

Abilities include proficient knowledge of Hyperion Financials Management, PeopleSoft, SAP, SharePoint, OnBase, Business Objects Reporting, Infinium General Ledger, Optura, Microsoft Excel, Microsoft Word, and Outlook.

Accounting Operations Manager 2.2010- 9.2011

ePlus inc, Herndon, Virginia- $860M Technology, Software, and Government leasing company, publicly traded.

Management of full cycle accounting department: Accounts Payable, Cash Receipts, Treasury, and GL Staff through effective development of the supervisory and line level staff to ensure optimal efficiencies.

Maintain/Establish banking relationships with multiple banks including coordination of account reviews and services, foreign exchange rate services and investment strategies.

Responsible for the recording of stock purchases, restricted stock, and taxes related to such transactions.

Responsible for the approval of intercompany transactions and consolidations for month end.

Experienced with domestic acquisitions and foreign trade entities in Canada, Iceland, Jamaica, and Netherlands.

Responsible for the financial analysis/FLUX of monthly financials in comparison to year to date fiscal budgets.

Analyze and formulate financial trend analyses for determining cash position, company viability, and potential risks.

Perform and oversee month end close of accounting operations for domestic and international entities.

Monthly review of balance sheet reconciliations and journal entries for accounting staff.

Responsible for reviewing financial indicators such as IRR and PV of all government leasing contracts.

Oversee Accounting’s processing of all government leasing contracts for correctness.

Manage the conduct of and preparation of all supporting schedules for month end, quarterly, and year end audits.

Responsible for daily monitoring and managing of a $130M LOC that is tied to sales receivables.

Responsible for managing more than $160M in liquid assets including their investment strategies.

Responsible for brainstorming and updating accounting processes and procedures, making best use of automation tools.

Tasked with ensuring internal controls are functioning properly in regards to accounting operations.

Analysis of daily cash position and reporting conclusions to senior management.

Actively ensure that accounting department is in full compliance with GAAP and SOX. Partial implementation of IFRS.

Responsible for managing and mentoring an Accounting staff of 30 people.

Abilities include proficient knowledge of Great Plains accounting, Sagent reporting, Lease Plus, Microsoft Excel, Microsoft Word, and Outlook.

Senior Manager of Accounting and Finance 1.2008- 12.2009

Sr. Financial Analyst 9.2007- 1.2008

Financial Analyst 7.2007-09.2007

Valley Baptist Health System Harlingen, Texas- $600M Healthcare System to include: Hospitals, Retirement Center, Wellness Center,

Insurance Company, Ambulatory Surgery Center, Imaging Center, Central Lab, Headquarters.

Conduct comprehensive financial and statistical analyses of month-to-date and year-to-date financials for all Health System business units and their respective departments to ensure fiscal reporting accuracy and to make recommendations.

Responsible for the preparation of month-to-date and year-to-date Balance Sheet and Income Statement variance explanations and footnotes for the Chief Financial Officer, Senior Vice President of Finance, and Board of Directors.

Prepare all monthly financial packages, management discussion analyses, and presentations for the Senior and Executive Management.

Work with the Assistant Vice President of Finance and System Controller to organize and facilitate fiscal and year end audits.

Responsible for the trend analysis and compilation of fiscal and calendar year budgets and projections.

Work directly with department managers and applicable staff to ensure proper accountability of departmental income and expenses in relation to departmental budgets and targets.

Responsible for calculation of system overhead allocations, minority interest profit/loss, ownership profit/loss, accretion, inventory, amortization of goodwill, and self-insurance losses.

Responsible for monthly review of dashboards to determine uncollectible balances to be written off and increases/decreases in self pays versus insured patients.

Responsible for a $170M capital budget with a $1K threshold.

Organize month end close processes with Accounting and Finance across all business units to ensure deadlines are met.

Oversight of and managed staff for Accounts Receivable, Accounts Payable, Cash and Investments, PPE, GL Accountants, and Payroll.

Responsible for the review and calculation of Net Days Cash for debt covenant ratio adherence through daily cash monitoring and cash flow analyses.

Responsible for staff mentoring and development across all Accounting functions. Four Direct reports and 30 indirect reports.

Responsible for reviewing and approving staff’s month end journal entry processing and general ledger reconciliations.

Instrumental in improving department procedures and processes through streamlining and shortening the month end close process and automating the PO process.

Abilities include proficient knowledge of PeopleSoft accounting, nVision financial reporting, Microsoft Excel, Microsoft Word, Microsoft PowerPoint, and Outlook.

Property Accountant Manager 10.2004-7.2007

CBL & Associates Properties, Inc., Brownsville, Texas- Real Estate Investment Trust Company (REIT), publicly traded.

Responsible for the management of Accounting Department for two major retail properties.

Performed analyses for income and expense accounts for budget projections and forecasts.

Responsible for formulating yearly rolling budgets for more than $500M in expenses and revenues.

Responsible for completing year end recovery budgets for insurance, common area maintenance, utilities, and real estate taxes.

Analyzed monthly financial reports to assess each center’s profitability/ Net Operating Income.

Responsible for month end closing procedures and auditing of cash books.

Maintained system ledgers/sub ledgers with internal auditing of accounting functions to ensure compliance with GAAP and SOX.

Routinely met with clients to analyze and resolve account discrepancies.

Responsible for the analysis of financial terms for leasing contracts.

Responsible for journal entry processing and reclass allocations to general ledger.

Responsible for the training of new accounting staff.

Abilities include proficient knowledge of CTI Accounting, Jacada Accounting, Realm Budget, Realm Lease, Microsoft Word, Microsoft Excel, and Lotus Notes.

Area Property Accountant Manager 1.2004-9.2004

Colonial properties Trust, Inc., Auburn, Alabama- Real Estate Investment Trust Company (REIT), publicly traded.

Analyzed all monthly Income Statement and Balance Sheet for six retail properties for statement accuracy and center profitability.

Responsible for income and expense accounts for budget projections and reforecast.

Responsible for formulating yearly rolling budgets and forecasts for each retail center.

Responsible for the closing of month end books and accrual entries.

Maintained accounting procedures to ensure compliance with GAAP and SOX.

Responsible for the analysis of financial terms for leasing contracts.

Responsible for trending tenant sales to establish performance indicators and profitability.

Maintained all Accounts Receivables, Accounts Payables, and General Ledgers.

Involved daily communication and correspondence with vendors and clients to resolve any account discrepancies and/or problems.

Abilities include proficient knowledge of MRI Accounting, Microsoft Excel, Microsoft Word, and Outlook.

EDUCATION

Master of Science in International Management, M.S.I.M. 2004

Troy University

Master of Science in Business Administration, M.B.A. 2003

Troy University

Bachelor of Science in Business Administration, B.S.B.A. 2001

Auburn University

Concentration: Finance

Major: International Business

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