RYAN MCDERMOTT

** ******** *** **** *****, CT ***16

860-***-**** adx4z5@r.postjobfree.com

PROFESSIONAL EXPERIENCE

MicroCare. LLC, New Britain, CT 2022-

Sr Accountant- 2022-

Consolidate monthly financials of five subsidiaries for private equity partner, management reporting and banking reports

Responsible for the accurate and timely preparation and submission of monthly journal entries (accruals, prepaids, reclasses, etc.), accounting, reporting, reconciliations, financial statements and GL analysis for all non-US subsidiaries

Collaborate with non-US outsourced accounting professionals to perform monthly reconciliation of books to ensure both ERP’s/General Ledgers tie out; lead the divesture of one non-US subsidiary

Partner with Manufacturing to facilitate weekly cycle counts and lead year-end Physical Inventory improving efficiency and accuracy by 33%

Support external audit and regulatory filings for US financial parent and international subsidiaries

iHealth, Inc., Cromwell, CT 2017-2022

Sr Financial Analyst- 2020-2022

Responsible for the accurate and timely preparation and submission of corporate and internal reports, including P&L, Net Sales, Gross Margin, Statement of Cash Flows, monthly & quarterly Forecasts, & Budget

Provide monthly analysis and commentary on business performance including, but not limited to, Net Sales, GPx, Gross Margin, OPEX, DSO and Price/Volume/Mix impacts

Identify opportunities and risks to forecasts and provide recommendation and solutions to help drive profitable growth

Streamlined reporting of KPIs, reducing time to report by 75% and increased accuracy

Accountant- 2017-2020

Process cash receipts and set up customer deductions to be reviewed, validated and closed

Month end close responsibilities including preparation of journal entries, reconciling local and foreign currency bank accounts, and A/R reporting

Responsible for Broker Commission Statements, including calculating commissions earned, analysis of accrual reconciliation, and identifying risks/opportunities

Review General Ledger and ensure all financial records are accurate in accordance with GAAP

Prepare and analyze weekly operating capital and cash flow reports

Implemented RPA (Robotic Processing Automation) for cash receipt application improving efficiency by 60%

Sportika Export, Berlin, CT 2012-2017

Finance Manager- 2015-2017

Managed staff of 2 for Accounts Payable, Accounts Receivable, and Invoicing, and Inventory transactions

Responsible for accurate inventory reporting, including identifying maintaining appropriate inventory levels as well as identifying and resolving variances

Responsible for month end close and financial statement preparation

Review General Ledger and ensure all financial records are accurate in accordance with GAAP

Prepare and analyze weekly operating capital and cash flow reports

Prepare sales & use tax returns on a quarterly/monthly basis

Create departmental budgets and review monthly with department managers

Senior Accountant- 2012-2015

Responsible for all cash receipts in Microsoft Dynamics GP

Assisted with the month end close and financial statement preparation

Recorded monthly journal entries and year-end adjusting entries

Prepared various management reports and graphs

Assisted in implementation of Warehouse Management System

S&S Management, Bloomfield, CT 2010-2012

Staff Accountant- 2010-2012

Assisted with the month end close and financial statement preparation

Performed monthly billing duties and posted cash receipts into Peachtree

Responsible for Accounts Payable and purchasing/receiving inventory

Compiled all year-end financial and tax information for associations

Prepared 1099/1096 forms and send to recipients and government agencies

Reconciled bank accounts for all associations

Liaison with outside CPA firm, Blum Shapiro

EDUCATION

Bachelor of Science in Business Administration

Eastern Connecticut State University, Willimantic, CT, May 2010

Concentration in Finance and Operations

Minor: Accounting and Business Information Systems

Masters of Business Administration

Barney School of Business, Hartford, CT, 2018 - present

Concentration in Finance

SOFTWARES

Oracle, Prophix, SAP, Bloomberg BNA, Microsoft Dynamics GP, Crystal Reports, MS Excel, MS Word, MS Powerpoint, SalesPad, WithoutWire (WOW), Chempax, Peachtree, Springbook, Kronos, Warehouse Management System (WMS)

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