LINDA MCDONALD
Elgin, Illinois 60123
Residence: 847-***-****
Cellular: 847-***-****
PROFESSIONAL EXPERIENCE
BONCOSKY OIL/PETROLIANCE LLC, Elgin, IL 2000 to 2007
National Top 10 Mobil Oil Distributor of Industrial Petroleum Products, Automotive and Commercial Lubricants and Fuel, and Distillates.
Controller (2001 to 2007)
Provide timely financial reporting to CEO and Department Managers. Submit accurate monthly tax returns for Sales, County, and State Motor Fuel and Federal reporting. Reconciled General Ledger and Bank Accounts.
• Streamlined reporting process for monthly tax returns by creating Excel spreadsheets to replicate preprinted tax forms that reduced the preparation time by four days and reduced potential for error by 60%. This also consolidated historical data in one location.
• Reduced monthly financial reporting time by 15%, which identified areas for increased revenue, growth and development.
• Generated reports for Motor Fuel Tax audit that resulted in zero dollars owed at end of audit by Illinois Department of Revenue Auditors.
• Increased interstate commerce by 10% by obtaining State Regulatory License to do business in state of Indiana, which expanded our area of sales and enhanced business opportunities.
• Developed and wrote detailed process for reconciling monthly bank and general ledger accounts.
• Responsible for Daily and Monthly General Ledger entries, Monthly Taxes (Motor Fuel and Sales and Use), Account and Bank Reconciliation.
• Co-originated Month End and Year End close and Audit by External Auditors.
• Assisted all External Auditors by providing data, all audits were either no or small liability.
• Assisted with Payroll processing
FIRST USA, Elgin, IL 1994 to 2000
Credit Card Division of Major Bank. (First Chicago, Bank One, and JP Morgan Chase)
Senior Financial Analyst (1996 to 2000)
Managed Finance projects for Fraud Department. Managed budget for department with 170 employees.
• Automated Monthly and Annual expenses for four units within the Fraud Department, which saved 6% of time for managers.
• Implemented incentive program to reward top performers paying approximately $29,000.00 per month and decreasing fraudulent charges by 30%.
• Created monthly and quarterly presentations for management, identifying accomplishments for each unit.
• Responsible for monthly forecasting, monthly reporting and yearly budgets.
UNOCAL SCHAUMBURG, IL 1980 to 1994
Union Oil Company, Union 76
Lead Accountant (1980 to 1994)
Managed Finance projects for Accounts Receivable Department.
• Implemented Electronic Funds Transfer Program for 2000 customers, which resulted in the collection of 27 million/month.
• Wrote Users Manual for EFT System and trained Credit Department employees (15 employees).
• Processed Equipment Promissory Notes, Collecting Receivable funds of 1.6 million/year for 600 customers.
• Responsible for 4 Accounts Receivable Team Members (training, development, and management).
EDUCATION
Currently pursuing Bachelors Degree with
American Intercontinental University 08/2009
Associate Degree in Applied Science, Elgin Community College, Elgin, IL
PROFESSIONAL DEVELOPMENT
Accounting
Economics
Business Law
Business Management
Bankers Essentials Certificate
COMMUNITY AFFILIATIONS
Seven Years on United Way Funds Distribution Panel
Almost Home Foundation (Dog Rescue)
TECHNICAL SKILLS
Microsoft Office: Excel, Access, and Word
Mas 90
Visual Supplier
Crystal Reports