Accounts Payable Internal Controls

SHARON BROWN

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

Cell: 205-***-****

PROFESSIONAL SUMMARY

Experienced banking professional with 20 years of experience across several areas of the bank. Strong general knowledge of finance and accounting functions, including budgeting, credit, investments, and internal controls. Ability to manage multiple projects and clients/departments while maintaining accuracy and superior attention to detail. Able to prioritize projects and work independently, while maintaining strong relationships with superiors, coworkers, and clients. Knowledge of strategic business objectives and employee performance objectives. Core Competencies

Adjustable-Rate Conversion Loans Wire/ACH Transfers ALM BondRisk Collateral Management Balance Sheet Reconciliations Accounts Payable/Receivable Employee Payroll Detail-Oriented General Ledger Reconciliations Bond Accounting Safekeeping

HIGHLIGHTS

1. Improved ARC (Adjustable-Rate Conversion) Hedging Platform by moving from a manual process to a more automated function utilizing ACH. ARC portfolio increased from $980 million in 2015 to currently $24 billion. 2. Served over 1,000 customer banks.

3. Processed over $13 million Wires/ACH monthly.

PROFESSIONAL HISTORY

AMERICAN FAMILY CARE 2022 - 2024

Cash Manager

• Reconciled cash accounts daily and weekly, researching and resolving differences in a timely matter

• Performed month end close process including journal preparation and bank reconciliations in a timely manner

• Collection and review of weekly cash flow projection

• Prepared journal entries to record month end activity, including cash revenue, fees, liabilities, chargeback, transfers and adjustments

SOUTHSTATE BANK (Formerly CenterState Bank), Birmingham, AL 2002 - 2022 Capital Markets Specialist I

ARC (Adjustable-Rate Conversion) Loans (2015-2022)

• Recruited from Correspondence Department into the ARC Department based on recognition of my knowledge and ability to learn

• Balanced TPG system reports against broker reports for daily payments

• Wired funds to brokers, processing approximately $13 million wires a month

• Posted GL entries for clearing accounts

• Balanced and post DDA (Demand/Deposit Accounts) to correspondent accounts

• Balanced daily reconciliations with DDA activity, incoming/outgoing wires, and posted daily balance to GL

• Set up customer/broker new deals in TPG system

• Ordered LEI’s (Legal Entity Identifiers) on new loans Bond Sales Assistant (2005 – 2015)

Correspondence Division

• Entered Municipal and Mortgage-backed security trades into Insight

• Ran bulk ALM BondRisk Reports on Bloomberg and distributed to Sales Associates

• Pledged bonds to secure FED Fund line of credit

Sharon Brown Page 2

• Balanced daily Capital Markets Division reconcilement of bonds traded and P&I settlements

• Assisted with annual 1099s

• Completed EBA daily FRB (Federal Reserve Bank) settlement

• Researched and provided data requested by correspondent bank Auditors

• Communicated with correspondent banks of any overdrafts

• Cross trained on Bond Accounting/Safekeeping

• Notified customer of pledged bonds that have been called/matured

• Added/released/replaced pledged bonds with FRB/states/entities

• Prepared and provided Safekeeping/Bond Account/ALM Bond Risk monthly billings to customers Accounting (2004 – 2005)

Accounts Payables

• Prepared daily bank deposits while maintain records and balancing accounts

• Exhibited and ensured accurate coding, sorting, balancing and payment of invoices/receipts

• Performed detail research to resolve discrepancies in payment

• Managed and assisted with monthly closing of books and reconciliations

• Demonstrated a solid and thorough understanding of basic bookkeeping concepts and accounting practices Payroll & Benefit Specialist (2002 – 2004)

Human Resources Department

● Managed and processed bi-weekly, multi-site payroll for approximately 400 salary/hourly employees utilizing ADP

● Performed all payroll functions to include input and reconciliation of time keeping, new hires, terminations, salary changes, promotions, manual checks, deductions, and bonus payouts

● Conducted annual enrollment meetings for benefits

● Responded to employees inquiring about payroll and benefits

● Managed the accuracy of benefits records prior to processing EDUCATION & TRAINING

Associate Degree – Accounting

Bessemer State Technical College, Bessemer, Al

Annual Bank Courses:

Annual Compliance Correspondence Training (19 Courses) BSA/AML/OFAC Policy

Responsible Site Practices Policy

Complaint Management Training

Safety Guidance Covid-19 (Part 1&2)

TECHNICAL SKILLS

Microsoft Excel, Word, PowerPoint, Teams, QuickBooks, SAGE Intacct

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