*** *. ****** ***. 847-***-****

Arlington Heights, IL 60005 adzjdv@r.postjobfree.com

Margaret M. Salatino, CPA

Objective

A dedicated and performance driven accounting professional with expertise in financial accounting, analysis, and GAAP reporting. Expertise and experience with multiple accounting systems as well as detail knowledge of Excel and Microsoft Office. Looking for an opportunity to work with a team focused on the accounting processes and growth of an organization.

Professional Experience

Precision Zone Inc.

Controller (Oct 2020-present)

Contribute, as part of the management team, to the growth, compliance and development of multiple companies under one ownership. Manage the accounting department to ensure the protection of assets and compliance with GAAP and taxing authorities. Review processes to recommend and implement new procedures. Coordinate with sales, operations, and human resources to set and achieve company goals. Review currency exchange rates to determine best payment options.

-Oversight over two bi-weekly payrolls including hourly, overtime, PTO, and incentive payments. Process employee and employer insurance and 401K payments & contributions.

-Review monthly, quarterly and annual sales tax calculations.

-Complete monthly asset schedules.

-Ensure all customers are invoiced and deposits are recorded. Review monthly receivable to confirm follow up has been made for late accounts.

-Oversee payable process and make payments to vendors within allowed terms both domestic and international.

-Review monthly reconciliations.

-Prepare monthly individual company and consolidated financial reports.

-Analyze financial information monthly to initiate changes.

-Prepare ad hoc reports as requested by owners.

-Prepare documentation required for income tax preparation for all entities.

Long Grove Business Community Partners

Controller & Human Resource Coordinator – part time (Feb 2017-Oct 2020)

Complete full cycle accounting and Human Resource activities for a not-for-profit organization.

-Reconcile bank account monthly.

-Enter payables into QuickBooks, manage payment date, and make payments.

-Review timesheets, submit to outside payroll company, and record biweekly payroll in QuickBooks.

-Complete monthly asset schedules.

-Invoice customers and record deposits.

-Prepare monthly financial reports for the board to review.

-Analyze financial information monthly to initiate changes.

-Prepare ad hoc reports as requested by board members.

-Prepare documentation required for annual audit.

-Onboard new employees.

-Manage all employee files.

Infinite Convergence Solutions

Accountant – part time (Sept 2015-Jan 2017)

Maintain Singapore division ledger in Microsoft Dynamics. Assist in the maintenance of the United States ledger.

-Prepare monthly invoices, send them out to customers and apply payments for US, Singapore and Europe divisions.

-Reconcile accounts receivable and send out customer statements for all divisions.

-Communicate with customers regarding past due balances.

-Prepare quarterly commission calculation for United States, Europe and Singapore sales representatives.

-Review and submit monthly payroll.

-Submit all accounts payable for approval and enter into the accounting system.

-Review employee expense reports in Concur.

-Maintain and reconcile monthly prepaid schedule.

-Maintain and reconcile quarterly depreciation schedule.

-Prepare and enter journal entries for payroll, commissions, invoices to customers, accounts receivable payments, prepaid expenses and depreciation.

-Reconcile bank account monthly.

AEC Electric Inc. & Fuller Construction

Controller part time (Aug 2013 Sept 2015)

Maintain Sage accounting system by entering and reconciling payroll, accounts payable, billings, and accounts receivable payments. Analyze job profitability. Maintain an additional accounting system in QuickBooks for a second company under the same ownership.

Enter and reconcile weekly payroll. Calculate and pay monthly union benefits.

Enter and reconcile accounts payable. Determine payments to make according to customer payments on specific jobs.

Reconcile accounts receivable. Discuss with management on collection process.

Analyze job profitability.

- Reconcile bank account monthly.

Prepare and enter adjusting journal entries.

Prepare monthly reports.

Perform ad hoc analysis on business.

Walgreen Co.

Pharmacy Gross Profit Accounting, Senior Financial Analyst – part time (Sept 2010 May 2013)

Develop monthly reports showing opportunities for higher gross profit. Assist departments within the company with monthly reports on profitability. Analyze pharmacy profitability based on payers.

Analyze variances in gross profit.

Prepare quarterly reports to Accounting for journal entries.

Analyze monthly gross profit by brand and generic prescriptions for various payers.

Analyze monthly inflation on pharmacy purchases.

Prepare ad hoc monthly gross profit detail on 90-day prescriptions.

Pharmacy Gross Profit Accounting, Audit Accountant – part time (Jan 2006 Sept 2010)

Monitor end to end process for third party prescription audits. Assist Walgreens stores in the preparation for and compliance with onsite and desktop pharmacy audits. Maintain Access database with all relevant audit information. Perform review of audit discrepancies to identify areas of loss and items to dispute. Reconcile recoupments for audit losses to ensure proper third-party plan reimbursement. Perform audits of internal system enhancements. Responsible for preparing monthly and quarterly reports on company’s gross profit.

Audit estimated budgets for system enhancements.

Prepare monthly report on WHS profit.

Prepare quarterly report for pharmacy sales.

Review changes to third party contracts and analyze effect on gross profit.

Pharmacy Gross Profit Accounting, Supervisor (Sept 2002 – Jan 2006)

Responsible for accounting and reporting of company’s gross profit. Manage weekly and monthly analysis of third party and cash variances in gross profit. Review reports prepared by staff members to ensure accuracy. Assist in the yearly budget process.

Supervise a team of eight professional and administrative staff members.

Review monthly and weekly analysis prepared by staff. Ensure completeness and accuracy.

Contribute to research and the resolution of gross profit discrepancies.

Work with outside departments to analyze and improve company’s gross profit.

Prepare and review quarterly reports for company’s financial statements.

Provide training to new and existing staff members.

Responsible for personnel issues relating to staff conflicts, absenteeism and performance.

Participate in the development of pricing system.

Participate in the development and upgrades of internal data system.

M&D Accounts Receivable, Rotating Accountant (Sept 2000 – Sept 2002)

Responsible for monthly reconciliation and adjusting of receivable accounts. Perform a monthly review of pharmacist loan account and communicate past due amounts to management. Work with collection agency when needed.

Prepare and deduct monthly invoices from vendors.

Prepare monthly close journal entries for M&D, defective merchandise, scanning and advertising deals. Prepare account reconciliations for receivable accounts.

Maintain pharmacist loan accounts.

Internal Audit, Auditor (Mar 2000 – Sept 2000)

Perform internal audits for Corporate Integrity Agreement. Visit various Walgreen’s facilities to determine compliance with the corporate agreement. Prepare audit findings report for each facility and review with Internal Audit and affected facility.

Prepared for, planned, executed, and reported on internal audits of Walgreens facilities.

Prepared reports for each audit performed which was approved by Internal Audit along with the specific facility.

Walgreens Health Initiatives, Rotating Accountant (April 1999 – Mar 2000)

Prepare all monthly and year end journal entries for Walgreens Health Initiatives business. Organize, prepare a team, and perform physical inventory at pharmacy mail order facilities annually. Meet with members of the PBM team to organize and review current and past due account balances.

Analyze each receivable account to determine bad debt and possible collection actions.

After physical inventories, prepare a reconciliation and adjust the appropriate accounts.

Meet monthly with management to discuss the status of each account.

Prepare invoices for PBM.

Fixed Assets, Rotating Accountant (Dec 1996 – April 1999)

Maintain a relationship between Walgreens and its landlords. Responsible for setting up new lease information and scheduling rent payments.

- Work with the Legal department to manage new lease information and default notices.

Audit and approve payments to landlords for maintenance and, fixed and percentage rent.

Maintain schedules for contract payments on equipment.

Maintain, balance, and make adjusting entries to various fixed asset accounts.

Culligan Water Technologies, Northbrook, IL

Staff Accountant (Mar 1996 – Dec 1996)

Compile, analyze, and prepare monthly financial statement for domestic and foreign subsidiaries. Prepare monthly foreign exchange analysis.

Receive and analyze monthly statements from domestic and foreign subsidiaries.

Convert foreign currency to dollars for individual statements. Consolidate all subsidiary statements.

A. Epstein and Sons International, Chicago, IL

Staff Accountant

(Sept 1994 Mar 1996)

Perform cost accounting for all Engineering jobs.

Analyze expense reports and assigned expenses to specific jobs.

Analyze time report to assign to specific jobs.

Prepare invoices for outside consultants working on internal jobs.

Analyze daily cash flow for the company.

Strengths and Skills

QuickBooks

Microsoft Excel and Office

Microsoft Dynamics

Concur expense reporting

Sage Accounting

Education

Marquette University, Milwaukee, WI

Bachelor of Science, Accounting

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