Senior Accountant Accounts Payable

Lawrence D. Mazis, MBA

Wayne, PA *****

484-***-**** ******@*******.***

Experienced Accounts Payable Accountant / Senior Accountant with a track record of managing high-volume transactions and improving financial accuracy. Processes over 1,000 invoices per month, ensuring timely payments and reducing discrepancies by 30% through thorough reconciliation. Proficient in SAP, Oracle, and Microsoft Excel, implementing automation tools that cut processing time by 40% and enhance data integrity. Negotiates payment terms with vendors, leading to a 15% improvement in cash flow and optimized working capital. Supports month-end closing and audit preparations, maintaining a zero-finding audit record. Focused on accuracy, efficiency, and compliance in financial reporting and operations.

CORE COMPETENCIES

Time Management and Multitasking

Effective Communication and Negotiation

Team collaboration and cross-functional coordination

Adaptability and Process Improvement Mindset

Organizational and prioritization skills

Confidentiality and Ethical Decision-Making

Data Entry and Accuracy Verification

Cost Reduction and Process Optimization

Bank and credit card reconciliations

Invoice verification and payment processing

Vendor Management and Reconciliations

Expense Reporting and Analysis

PROFESSIONAL PROFILE

Accounts Payable Accountant (Temporary position) / AUXILIOR CAPITAL PARTNERS - Plymouth Meeting, PA 11/2024 – 02/2025

Processed over 1,000 invoices monthly, ensuring accurate coding and timely payments to vendors, reducing late fees by 20%.

Reconciled high-volume AP transactions, identifying and resolving discrepancies to maintain 99% accuracy in financial records.

Managed vendor relationships and negotiated payment terms, improving cash flow efficiency, and reducing outstanding payables by 15%.

Reviewed and analyzed expense reports, ensuring compliance with company policies, and achieving a 30% reduction in reimbursement errors.

Senior Accountant (Temporary position) / LINCOLN FINANCIAL – Radnor, PA 06/2024 - 09/2024

Collaborated with cross-functional teams to enhance budgeting and forecasting accuracy by 15%.

Analyzed expense reports and financial data, identifying cost-saving opportunities that cut overhead by 10%.

Supported external audits by preparing detailed financial documentation, contributing to a clean audit with zero material findings.

Assisted with month-end and year-end closings, ensuring 100% accuracy in financial reporting within tight deadlines.

Senior Accountant / STATE STREET BANK - Berwyn, PA 07/2015 - 04/2024

Supervised and mentored a team of junior accountants, improving productivity and reducing reporting errors by 30%.

Streamlined account reconciliation processes, cutting the closing cycle by three days, and enhancing reporting efficiency.

Led month-end and year-end closings, preparing accurate financial statements, and reconciling accounts to support 100% on-time reporting.

Ensured compliance with regulatory requirements, mitigating risks, and maintaining a 100% compliance record.

Highly Specialized Accountant, Kelly Services / STATE STREET BANK - Berwyn, PA 06/2013 - 07/2015

Prepared and reviewed detailed journal entries, supporting month-end close with a 99% accuracy rate.

Provided key financial reports for audits, contributing to seamless reviews, with no significant findings.

Advised senior leadership on financial strategies, optimizing cash flow, and resource allocation.

Oversaw complex financial transactions and reconciliations for multimillion-dollar accounts, ensuring precise and timely reporting.

Associate Trust Administrator (Temporary Job) / UNIVERSITY OF PENNSYLVANIA - Philadelphia, PA 01/2013 - 05/2013

Served as a liaison between beneficiaries, legal counsel, and financial institutions, facilitating seamless communication and issue resolution.

Monitored trust assets and prepared analytical reports to enhance investment transparency and support strategic decision-making.

Ensured compliance with trust agreements, tax codes, and financial regulations, mitigating fiduciary risk exposure.

Optimized documentation procedures, decreasing processing time by 30%, and enhancing data reliability.

Accounting Supervisor / BNY MELLON GLOBAL INVESTMENT SERVICING - King of Prussia, PA 06/2005 - 12/2012

Trained and coached accounting personnel, increasing efficiency and cutting errors by 40%.

Directed daily accounting functions, leading a team of X professionals to ensure seamless financial operations and timely reporting.

Examined and authorized ledger entries, account reconciliations, and financial reports, reducing discrepancies by 30%.

Spearheaded month-end and year-end closing activities, achieving 100% on-time completion while maintaining compliance with industry standards.

EDUCATION

Master of Business Administration, 2007

University of Phoenix - Phoenix, AZ

Bachelor of Arts: Psychology, with Math minor

University of Pennsylvania - Philadelphia, PA

WEBSITES

http://www.linkedin.com/in/larry-mazis/

ADDITIONAL WORK EXPERIENCE

BNY MELLON GLOBAL INVESTMENT SERVICING (formerly PNC), Lead Accountant, King of Prussia, PA

THE VANGUARD GROUP OF INVESTMENT COMPANIES, Fixed Income Accountant, Malvern, PA

THE VANGUARD GROUP OF INVESTMENT COMPANIES, International Fund Accountant, Malvern, PA

THE VANGUARD GROUP OF INVESTMENT COMPANIES, Futures and Forwards Accountant, Malvern, PA

CORE COMPETENCIES

Account reconciliations

Journal entries

Account analysis

Financial statement preparation and reviews

External audit preparation

Staff management

Trade processing

Custodian reconciliations

Internal and external client reporting

General ledger accounting

Foreign exchange, futures, forwards, options

Swaps processing

Cash and trade discrepancy research

Dodd-Frank derivative regulations

EXPERIENCE HIGHLIGHTS

Created reports from adviser and broker websites to increase effectiveness and efficiency.

Automated cash availability report for advisers consisting of trades, dividends, shareowner money movement, and corporate action settlements.

For new system updates and processes, developed procedures and trained employees.

Established excellent working relationships with all levels of management, which resulted in being a subject matter expert and 'go-to' person.

Responsible for developing procedures and processing instructions. Facilitated training, enabling accountants to have more in-depth knowledge of their work.

Prepared financial reports for multiple funds.

Contact this candidate