Sign in

United States
September 29, 2008

Contact this candidate


Karen Byrd

** ***** ***** ***** *********, NY


Professional Experience:

Peekskill School District: Mar 08-Present

Substitute Teacher All Levels

Strayer University-MS Technology Education-Present

Consulting Assignments: Aug 07-Present

IBM Corporation

Treasury Analyst: Treasury Operations – Settlements Jan-05- Aug 07

• Responsible for the IBM World Trade Cash Desk, which included the cash management of Global Multi-Lateral Netting, Customer Finance and Factoring Programs.

• Played a key role in the Global Multi-Lateral Netting (MLN) which included data collection, data input, and settlement. Expedited confirmations to the IBM entities informing them of their payment/receipt, processing all wires and pre-advices to receive. Coordinated the resolution of all MLN inquires/issues with the FX traders and accountants.

• Posted and reconciled all daily IBM WTC cash desk cash flows to Treasury systems.

• Accounting’s contact for World Trade cash inquires, processing of refunds to IBM entities, and notifying cash management of large remittances to include in the daily cash forecast process.

• Responsible for the accuracy of all repetitive line codes related to IBM World Trade Cash.

• Administrator for the Pre-Advice database, assisting users to obtaining access, resolving problems and communicating the importance of the using the database to the IBM entities for cash concentration purposes.

• Reviewed all ISDA confirmations for various foreign exchange options: compared the confirmations received to established templates, verified the trade specifics, obtained signatures from traders and forwarded the signed confirmations to external counterparties to complete the binding legal process.

• Covered for Settlement associates as needed for the Foreign Exchange and Short Term Investments desks.

• Cross-trained associates on the IBM World Trade Cash desk.

• Special Projects as required.

Various Consulting Assignments: Mar-03-Jan 05

Con Edison Energy Aug- 99-Feb 03

Staff Accountant/ Senior Accounts Receivable & Payables

• Cash management performs daily cash forecast to ensure all financial obligations are met.

• Implement all cash policies and procedures.

• Responsible for the line of communication between counter parties and treasury, obtain approvals for wire transfers domestic and international from board members before transmitting payment -approximately $46 Million monthly.

• Manage accounts payables process by insuring that all bills are paid in a timely manner.

• Reconcile operating and investment accounts to the statements.

• Audit expense accounts ensuring all approvals have been obtained.

• Manage account receivables by posting cash in a timely manner and making collection calls to

vendors to ensure that the aging does not go beyond 60 days past due.

• Update and finalize general ledgers for month-end close.

• Create, prepare and post journal entries to the general ledger and income statement.

• Reconcile inter-company loan balances and cash forecasting.

• Manage cash reporting ensuring all A/P and A/R balances are reconciled.

• Depreciate the company assets using the Straight-line Method.

• Maintain create and post journal entries to the balance sheet for prepaid accounts.

• Assist Director of Finance with ADHOC projects.

• Prepare and distribute headcount reports to management.

• Manage and reconcile payroll for over one hundred union and non-union employees.

• Manage and reconcile 401K and stock option accounts, allocate deductions, make all necessary changes and monitor balances.

• Manage Human Resources, employee-related issues benefits administration, payroll changes, and time management.

Pearson Education Oct 98 –August 99

Staff Accountant

• Prepare journal entries, financial reports and variance analysis.

• Assist in preparing the annual budget and quarterly forecasts.

• Prepare end update financial models as needed.

• Complete special projects when needed.

• Assist sales and marketing departments with preparation of sales analysis.

• Prepare and distribute executive letter.

• Create and prepare journal billings.

• Prepare and distribute headcount report.

• Book journal revenue entry.

• Decreased manager’s workload, which allow him to focus on other responsibilities.


Strayer University Online

MS Education in Progress

Mercy College, White Plains, N. Y.

BS Business Administration/Finance

Westchester College, White Plains, N. Y.

Certification Medical Billing and Coding, ICD-9 and CPT Training.


System 10, Lotus Notes, Chase Insight, Citi Direct, Microsoft Windows 00, Oracle, People Soft, Excel, Word, Office, Hyperion Enterprise, Solomon and SAP, ADP for Windows.

Contact this candidate