Post Job Free

Resume

Sign in

Operations Manager Accounting

Location:
Wethersfield, CT
Salary:
95,000
Posted:
May 10, 2021

Contact this candidate

Resume:

AVARITA POWELL-SPENCE

Wethersfield, CT – Cell: 860-***-**** – Email: admapz@r.postjobfree.com

PROFILE

Corporate General Accounting Manager/Controller/Director

Areas of Experience

Financial Planning &Analysis • Managerial Reporting • General Accounting • Accounting Analysis • Budgeting & Forecasting • Month-end Closing • Internal Controls • Hyperion HFM • US Lease Accounting & 842 Accounting Standard • Fixed Asset ASC 360 • Sarbanes Oxley Compliance • Workforce Development • Contract Administration & Management • Costing • Project Estimating • FP&A • Accounts Payable & Receivables • Collections •Payroll and Benefits • Project Management • Human Resources • Staff Supervision & Development • Process Improvement • Financial Modeling • Customer Satisfaction.

Recent Accomplishments

Developed cost structure to ensure accurate allocation of fixed and variable cost and accurate pricing of product.

Successfully restructured manufacturing operations that increased profit by 30 percent and implemented controls to reduce risks.

Developed Desk Top Procedures (DTP) as guidance and training tool, resulted in a more accurate, timely and reliable financial statements.

Managed process improvement project using VSM and RCA that improved employees and financial statement performance.

Identified over $10M P&L error a result of in depth researching and analysis of payroll codes and mapping to SAP GL.

Successfully developed new financial model to efficiently track costs to assist HR management to set annual fringe rates.

Technical Skills

Project Management, Process Improvement, CAS, FAR, SOX, US GAAP, ITAR, EAR, Value Stream Mapping (VSM), ACE, Root Cause Analysis (RCA), Critical Thinking, project management, Policies & Procedures, Financial Modeling, Interpersonal/Communication Skills.

Technology

MS Office, Excel: Pivot Table, VLookup; ADP Payroll & Reporting, SAP, HFM, Hyperion Financial, Blackline, Oracle Financials, Business Warehouse BW, Sage 50, Lawtrac, ARMS, e-Pay, WPR/Azure, KPMG Link, Timberline Office.

RELEVANT EXPERIENCE

Henkel Corporation

Corporate General Accounting Manager 03/2019 – 03/2020

Assistant to the Director of Corporate Accounting and Reporting, provided technical accounting support to business units’ agenda, Controllers and Shared Service Centers (SSC), payroll benefit and accounting teams:

Managed a team of professional accountants to analyze and resolve complex accounting transactions, involving fixed assets, taxes, cost allocation and analysis, severances/retention compensation and data takeover due to mergers and acquisitions.

Oversaw the month-end closing activities to ensure timely and accurate financial reporting, which involves review and approving accounts reconciliation; researched and resolved escalated reportable balances and maintained GL accounts.

Developed annual budgets and monitored monthly performance to ensure accurate cost allocation; performed flux analysis and researched variances; provided management teams with results and explanations as applicable.

Efficiently resolved and responded to division/department management inquiries/issues in a timely manner; collaborated with HR Managers, division controllers and third-party providers resolve payroll and benefits issues.

Monitored fringe cost pool performance and reported over/under absorption results to group Controllers and global HR for decision-making; collaborated with divisions to control fringe cost and established annual bonus rates.

Identified areas for improvement within the SSC groups and provide necessary training improve knowledge regarding US GAAP, cost accounting and LTI and STI transactions, which significantly improved efficiency and financial reporting results.

Ametek Inc. (Via Ecom Solutions, Inc) 08/2018 – 03/2019

Sr. FP&A Consultant

Assigned to support Sr. FP&A Manager in developing annual budgets and forecasts for divisions worldwide, statistical reporting and the implementation of new ERP accounting and reporting systems, and to developed training material for users.

Gathered and prepared daily sales performance and backlog analysis reports for senior managers’ review.

Analyzed and reported SG&A and capital budgets results; provided monthly variance analysis to controllers for decision-making.

Consolidated monthly financial statements and prepared financial package.

Performed SOX testing of key controls, maintained process documentation and work papers to ensure compliance.

Developed desktop procedures to reduce training time and assist new employees in the learning process.

Conducted tests related to new accounting and budgeting systems, to ensure data integrity of results.

Conduent (Formerly, Xerox) Business Services

Accounting Supervisor, United Technology International Operations 10/2016 – 04/2018

Managed a team of three accounting analysts and temporary professionals at client company, including objective setting, performance management, coaching, cross training to improve overall performance and change agent to ensure smooth transitions to new company.

Oversaw the payroll accounting process for all divisions’ expats to ensure accurate recording of salaries, withholdings of payroll taxes and fringe benefits, vacation/sick, payments to foreign and tax agencies. Collaborated with teams to resolve issues.

Supervised month-end closing as well as maintenance of SAP general ledger; reviewed/analyzed accounts reconciliation and approval of journal entries; chargebacks and intercompany accounts analysis to ensure accurate financial results.

Reviewed and approved wire payment request to various foreign and US tax authorities; collaborated with payroll and human resources managers including third party tax service providers to resolve issues.

Managed accounts receivable and collection activities; researched and cleared old suspense accounts variances in record time; conferred with HR and Legal management on collection strategy on aging for escalation to next step.

Streamlined workflow to eliminate inefficiencies and improve communication flow; cross-trained accounting staffs to improve performance, develop technical competencies, maintained continuity; and trained staff on process improvement techniques.

Andrea’s Designs LLC., West Hartford, CT 09/2012 – 02/2015

Accounting and Operations Manager (Contract)

Responsible for overseeing the daily accounting activities and business operations, to ensure accurate financial results, identify and implement change to improve financial performance.

Developed comprehensive operational budget to manage cost and meet financial obligation; analyzed variance and made appropriate accounting adjustments. Worked with management to maintain budget performance.

Conducted full audit of the financial statements and operations performance involving walk-throughs and testing controls; identified control weaknesses and implemented strategies to strengthen segregation of duties, accountability and efficiency; and presented findings, recommendation and strategies to owners.

Managed fixed asset transactions related to acquisitions and disposal of fixed assets; depreciation of machinery and fixtures and maintained depreciation schedule for tax filing purposes.

Prepared sales and use tax schedules and ensured timely payment to avoid penalty; filed annual tax return and amended prior years’ tax filing resulted in significant tax refunds.

Converted and fully automate accounting system using Peachtree software; and developed desk procedures for training and streamlining business processes.

Pratt and Whitney, Finance Department, East Hartford, CT 08/2008 – 04/2012

Accounting Analyst/ SOX Compliance Team Leader

Responsible for the interpretation and analysis of Commercial Engine Contracts to determine financial obligation and accounting treatment. This included financial reporting on contract performance and financial planning and analysis results. Ensure department in compliance with SOX and company’s policies.

Responsible for month-end closing for select accounts, prepared journal entries, analyzed P&L and Balance Sheet accounts variance performed flux analysis and monthly and quarterly financial reporting.

Managed $400M budgets for Commercial Engine and Project groups, which involved monitored performance; analyzed variance and researched unexplained difference, reported results to management.

Managed contract database (CASPR) to ensure accurate contract data input and reporting for management letter; reviewed MOU and Side Letters to ensure effective close out fully executed contracts.

Managed Sarbanes Oxley testing and internal controls by coordinating a team of SOX testers. This involved setup controls, drafted scripts, monitored remediation activities and reported results.

Developed monthly and quarterly schedules and statistical reports to assist cross functional departments and managers with campaign efforts, request for sales representative agreement and marketing strategies.

Led and participated in various process improvement projects such as, changed forecasting procedure that reduced processing time from four days to one day, which saved the company over $15K per annum.

Pratt & Whitney, East Hartford, CT

Legal Coordinator, Accounts Payable 01/ 2005 – 08/ 2008

Responsible for the accounts payable and financial planning and analysis for the legal department. This included month-end closing, contract audit, researching and problem-solving and process improvement.

EDUCATION

Master of Science in Management – Rensselaer Polytechnic Institute 2008

Bachelor of Science in Business Administration, Accounting – University of Hartford 2000



Contact this candidate