Accounts Payable Balance Sheet

Thomas A. Cavanagh Jr.

Core Skills & Accomplishments

Financial Accounting

Managerial Accounting

Budgets & Forecasts

Financial Analysis

Variance Analysis

Ad Hoc Reporting

Monthly Balance Sheet Reconciliation

Month End Journal Entries

Vendor & Lease Management

Regulatory Compliance

Revenue Cycle Management

Extensive Knowledge of GAAP & SOX

Have completed the COVID-19 vaccination process.

Professional Experience

LKQ Corporation- North American Headquarters April 2018-Feb 2023

Accounting Analyst II Nashville, Tennessee

Responsible for analysis and review of financials including the monthly accounting close process and assisting with the timely and accurate preparation of branch-level financial statements. Assisted with various recurring and month-end accounting functions directed toward the processing of all transactions. Participated in the analysis of monthly branch-level financial statements, ensuring timeliness and accuracy of account balances. Conducted a proper and thorough comparison of budget and trend. Created and posted journal entries as needed. Prepared monthly balance sheet account analyses for assigned areas of responsibility. Researched and provided commentary for significant variances. Assisted with the consolidation of monthly financial statement information for internal/external financial reporting. Provided ongoing support to the field as needed for the development of annual operating budgets. Provided required documentation support for Sarbanes-Oxley/GAAP compliance. Initiated and supported the continual improvement of LKQ Corporation, Inc.'s quality improvement system.

●Created processes and procedures as well as detailed documentation for all monthly close entries assigned to me.

●Responsible for the accounting as it relates to purchases, inventory, and sales for Mopar Batteries for use in cars and trucks,

●Coordinated the vehicle management process between Branch locations and Donlen Fleet Management to include the accounting for total loss vehicles, stolen vehicles, and vehicles surrendered due to maintenance costs exceeding vehicle value.

●Performed research and created a procedure to enhance the efficiency of receiving, processing, and reviewing Accounts Payable invoices relating to distribution of windshields to the corporate warehouse and to the branch locations.

●Acted as the liaison between the field and the financial service center in resolving inquiries regarding postings or transactions in the general ledger.

●Performed accounting functions relating to leasing transactions for my assigned PGW branch locations.

●Assisted the region controller with submitting quarterly projection, key statistical data, and other requests received from the corporate office.

●Assisted in the preparation of the annual budget planning and monthly forecasting.

●Participated in the monthly business review process.

●Supported field managers in resolving questions regarding sales, inventory, payroll, intercompany and intercompany accounts payable or other transactions that post into the financial statements.

●Focused on resolving Balance Sheet Reconciling items monthly with an emphasis on activity 90 days or older.

●Created and implemented a process to record standard monthly recurring journal entries to improve accuracy and efficiency.

●Responsible for cross-border freight distribution transactions between the United States and Canada. Processed currency conversion transactions and journal entries. Calculated duty and tariff costs relating to HST/GST tax payments and prepared monthly remittance invoice to be paid to the Canadian Receiver General.

HCA Physician Services (Parallon) April 2016-April 2018

Staff Accountant Brentwood, Tennessee

Responsible for general accounting functions including financial reporting of the Nashville Physician Service Center, Care Now Urgent Care and Austin Heart operations. Duties included: Maintain General Ledger, prepare monthly journal entries, analyses and account reconciliations to accurately close the monthly fiscal period. Prepare detailed monthly actual to budget variance reports. Compile monthly statistics and key indicators. Prepare monthly reconciliation for all Balance Sheet accounts with particular emphasis on cash, including documentation to support all balances. Accurately state reconciling items and investigate proper accounting transactions to clear them off the account. Management of Fixed Asset System (Sage), including monthly reporting, monitoring for new assets, and depreciation testing. Coordinate with Supply Chain Services on Account Payable issues. Maintain automated refund log (research return checks, process voids, and prepare adjustments for Escheat). Management of vendor relationships. Respond to requests for information from Corporate, Internal Audit, and Internal Management.

●Developed and implemented standard operating procedure to ensure complete setup of a new vendor within two weeks of initial request.

●Streamlined the accounts payable processes to ensure accurate and timely payments.

●Assisted in the implementation of Trintech software to be used to increase efficiency in preparing Balance Sheet Reconciliations.

●Served on the Employee Advisory Group. Selected charities and coordinated employee morale building events. Served on the welcoming committee to meet and greet newly hired employees on their first day of employment.

Cavanagh Accounting

Co-Founder-Business Manager Lebanon, Tennessee

Cavanaghaccounting.com

Responsibilities include Supervising personnel in a professional setting. Business core values include providing our clients unparalleled personalized accounting services and ensuring that client financial decisions are made carefully with the client’s best interest in mind. Performed financial services including Periodic Financial Statements, Adjusting Entries, Month End Close, Job Cost, GL Account Reconciliations, Payroll, Budgeting, and other Ad-Hoc Management reports.

Performed tax services including Corporate, Partnership and Individual Income Taxes as well as Sales Tax, Business Tax, Payroll Taxes, IFTA, Property Taxes, and other Miscellaneous Tax Services

Provided consulting services such as risk assessment and process management.

Preparation of supporting schedules and work papers for annual review of financial statements.

Software Skills

Microsoft Office Including: Excel, PowerPoint, Word, Outlook, OneNote, Teams

QuickBooks Proficient.

ERP software Including: Oracle, Lawson, SAP, QuickBooks

Other Software: Kronos, Sage Fixed Assets, Hyperion, Tableau, Trintech/Cadency, Zoom, Duo

Certifications: Microsoft Certified Professional (MCP), CompTIA A+, CompTIA Network+, Remote Desktop

Education

BACHELOR OF BUSINESS ADMINISTRATION / MANAGEMENT

Austin Peay State University – Clarksville, Tennessee

GRADUATE ACCOUNTING COURSES TO COMPLETE CPA CANDIDACY

Middle Tennessee State University – Murfreesboro, Tennessee

Currently sitting for the CPA Exam.

Military Veteran: US Army Infantry Officer 327th Infantry, 1St Brigade, 101st Airborne Division-ROTC graduate.

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