Accounts Payable Senior Manager

Scott Daroszewski, CPA

WORK EXPERIENCE

Netceed, USA September 2024 – Present

Senior Manager of Accounting and Taxation

Directs, coordinates, and administers accounting operations which may include general accounting, cost accounting, payroll, accounts payable, and accounts receivable.

Analyzes financial reports, records of present and past operations, trends, and costs, estimated and realized revenues, administrative commitments, and obligations incurred.

Managed and optimized vendor rebate and incentive programs, directly impacting profitability (P&L)

Developed and implemented comprehensive tracking systems for vendor rebate programs, enhancing financial transparency and control.

Collaborated cross-functionally with procurement and sales to maximize capture of eligible vendor incentives, impacting cost of goods sold (P&L)

Assisted in the preparation of complex journal entries, such as those related to inventory and cost of goods sold (COGS)

Conducted inventory cost study on aged inventory to assess inventory valuation allowance (obsolescence)

Reviewed perpetual inventory detail for completeness, and proper valuation reasonableness

Calculated month-end inventory purchase accrual

Plans, directs, and coordinates ledger maintenance, report preparation, and operating statistics.

Creates, reviews, and modifies accounting systems, reporting methods, and controls.

Establishes and oversees best in class accounting operations for the US Group, including, but not limited to, the maintenance and implementation of accounting policies and procedures.

Supports the annual audit process and builds direct relationships with the audit team to ensure annual goals are accomplished, including year-end audits, tax audits, and reconciliation requests.

Maintains general ledger including accounts, departments, calendars, and reconciliation of subsystems.

Coordinates bank statement reconciliation on monthly basis for AR Cash account.

Communicates effectively across functions bringing a proactive approach to ensure detailed visibility of the business and to avoid surprises and repeat errors.

Partners with department leaders for ongoing ERP migration to Sage, IT enhancements, and reporting

Assists in the development and utilization of appropriate processes, tools, and training programs.

Implements effective staffing, employee development, and succession planning programs.

Robert Half – (Consultant / Controllership services)

EMR/My Auto Store (December 2019 – July 2024)

Month end close, journal entries, accruals, account analysis, reconciliation of intercompany billing accounts, assist with preparation of internal financial reports, other deliverables.

Developed and managed sales reconciliations for three E-commerce sales platforms.

Developed and implemented inventory rating systems for purchased goods

Assisted in developing and overseeing inventory procurement processes.

Inventory KPI Reports inventory aging reports by inventory category

Managed AR and cash receipts operations.

Reviewed ATM and Safe reconciliation.

Inventory control: assisted in developing inventory rating system for vehicles purchased; inventory procurement

Reviewed and approved refund checks

Assisted in various Ad-Hoc projects.

Northeast Metal Traders (November 2018 – November 2019)

Month end close, journal entries, accruals, account analysis, assist with preparation of internal financial reports. Other deliverables.

Manages and maintains inventory tracking and control system.

Develops and maintains job cost tracking reports for manufacturing processes.

Conducted regular physical inventories and reconciliations to ensure accuracy

Developed and maintained job cost tracking reports for manufacturing processes.

Analyzed production costs and variances to optimize efficiency and profitability.

Assisted in the preparation of complex journal entries, such as those related to inventory and cost of goods sold (COGS)

Planned and supervised physical inventory observations

Reviewed and approved cash disbursements.

Developed and maintained a job cost tracking report for manufacturing process.

Planning and administering budgets and forecasts while identifying areas for cost reduction and significantly increasing annual revenues.

Managed accounts payable/receivable, inventory tracking, federal/state/local compliance.

Tekloc Enterprises January 2018 – September 2018

Controller

Prepared federal and state tax returns for individual, corporate, partnership, and estate & trust taxpayers.

Reviewed monthly activity posted in various QuickBooks accounts.

Managed cash flow projections, budgeting and forecasting.

Prepared of financial reports.

Supervised accounts payable.

Zook Dinon, PA November 2015 – October 2017

Staff Manager

Reviewed work papers prepared by staff audits, reviews, and compilations for clients in various industries including manufacturing.

Reviewed financial statements and work papers for compilations and reviews prepared by staff accountants for clients in various industries.

Planned and supervised inventory audit procedures:

oLower of cost of market test

oInventory price testing

oAssessment of inventory valuation allowance

oPhysical inventory observation

oInventory cutoff testing

Managed staff accountants’ schedules assigned work and coordinated with partners in order to make established deadlines.

Drafted and communicated auditor recommendations (i.e., governance and management letters) to upper management or board of directors which identifies weaknesses in internal controls in order to improve operations.

Headed internal quality control procedures, provided assistance for peer review process.

Alloy, Silverstein, Shapiro, Adams, Mulford, Cicalese & Co. October 2012 – November 2015

Accounting Manager (In-Charge)

Reviewed audit work papers and tax returns prepared by staff accountants for clients in various industries.

Reviewed financial statements and work papers for reviews and compilations prepared by staff accountants for clients in various industries.

Planned and supervised inventory audit procedures:

oLower of cost of market test

oInventory price testing

oAssessment of inventory valuation allowance

oPhysical inventory observation

oInventory cutoff testing

Resolved IRS tax notices and notices from other regulatory agencies to ensure clients in full compliance of current law.

Assisted clients in the design and implementation of effective internal controls and accounting software.

Performed year-end tax planning, analyze budget, and perform other consulting services for clients.

Richard C. Malesich & Associates, LLC June 2010 – October 2012

Senior Accountant

Reviewed compilation and review engagement work papers prepared by staff accountants for clients in the manufacturing, retail, construction, and service organization industries.

Managed staff accountants, assigned work and coordinated schedules in order to make established deadlines.

Prepared individual, corporate, partnership, and estate tax returns (federal/state/local).

Composed financial statements and related disclosures in accordance with GAAP.

Assisted clients in the preparation of complex monthly/quarterly/annual adjusting journal entries and closing entries such as deferred taxes, 263a calculations, etc.

ParenteBeard, LLC January 2002 – March 2010

Senior Accountant (formerly Altenburger, Uris, Caglioti & Heyman)

Managed, planned, performed, and supervised year-end audits for clients in the manufacturing, wholesale, retail, concessionaire operations, construction companies, and service organization industries.

Reviewed work papers from audit and tax staff accountants in a broad range of industries.

Planned and supervised inventory audit procedures:

oLower of cost of market test

oInventory price testing

oAssessment of inventory valuation allowance

oPhysical inventory observation

oInventory cutoff testing

Composed financial statements and related disclosures in accordance with GAAP.

Prepared individual, corporate, partnership, and estate tax returns (federal/state/local). Performed test of controls, substantive testing of client accounting systems, SOX compliance.

Conducted year-end audits for clients in the manufacturing, wholesale, retail, banking, construction companies, and service organization industries.

Prepared year-end audit and tax workpapers for clients in a broad range of industries.

Prepared individual, corporate, partnership, and estate tax returns (federal/state/local).

EDUCATION

Rutgers University, Bachelor of Science, Accounting, 2002

CERTIFICATION

Certified Public Accountant in New Jersey (Active)

ERP’s & COMPUTER SOFTWARE

Sage, MS D365, NetSuite, MS Office, QuickBooks, Engagement, NetSuite PRP, ProSystems, Pinnacle, ACL (data extraction), Oracle, Peachtree, Kronos, Ultra Tax, Quicken, Go Systems, Tvalue (amortization)

SKILLS & ACHIEVEMENTS

12 years of experience managing staff

Reviewing daily/weekly/monthly/annual work papers and journal entries

Managing audits, reviews and compilations in a wide range of industries

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