Federal, State & Local Tax Specialist
Resume:
DELIA A. VELASQUEZ
ANNANDALE, VA 22003
Financial and tax professional with twelve years experience in private, public and non-profit accounting industries. Progressively responsible experience includes management of tax annual audits; cash forecasting; general ledger adjusting and journal entries; month end closing preparation; balance sheet accounts statements, financial statements presentation; accounts payable and accounts receivable analysis; analysis and preparation of corporate federal income tax, multi-state income and franchise taxes, multi-state sales taxes, multi-state withholding and unemployment taxes, multi-state annual reports, property tax reporting, and fixed assets management.
OBJECTIVE: Seeking senior line tax and accounting position where I can apply my educational knowledge, strong analytical and organizational skills learned through my professional experience.
EDUCATION: CPA review candidate. Attending CPA review course at
Becker/Devry University.
Bachelor of Science in Business Administration
Major in Accounting and Taxation. December 1993.
The American University, Washington, D.C.
Kogod College of Business Administration.
Bookkeeping and High School Diplomas. October 1981.
Colegio El Sagrado Corazon. Guatemala City.
RELEVANT EXPERIENCE
April 2009/ Self-employed
Present Tax consulting for several clients.
February 2006/ US State & Local Tax Accountant Specialist
March 2009 PA Consulting Group, Inc.
Worldwide leading management, systems & technology consulting firm.
($190 million annual gross receipts, 35 countries 50 US states)
· Analysis, preparation, and timely filing of monthly, quarterly, semi-annual, annual state and local /sales/use, gross receipts, personal property and income tax returns.
· Analysis of business activities in each jurisdiction and either file or cancel business registrations where appropriate to minimize registration fees and unnecessary tax filings.
· Respond to queries from head office regarding tax issues, including tax provisions and liabilities, US tax consequences of relocations or other actions.
· Extensive tax research, using RIA and CCH tax research software.
· Analysis, preparation and timely filing of multi-state income tax returns (all 50 states). Quarterly estimated payments, extension and actual income/franchise tax returns) Consolidated and pro-forma returns.
· Analysis and preparation of forms 5471 and 5472, to report foreign operations to the IRS.
· In-depth analysis of companies fixed assets, to be in compliance with federal, AMT, ACE, state and internal books and US GAAP.
December 2000/ Senior Tax Accountant
February 2006 Halifax Corporation, Inc.
(Multi-State Information & Technology Services Firm, $60 million
Annual Revenue)
· First year of labor the company had just coming out of an embezzlement of $15 million, bring up to date two years behind in sales taxes, property taxes for all the states. Recovered a lot of money from many states after preparing the returns for interest and penalties and tax assessments by the states. Put the company in good standing with all the states department of revenue.
· Help with the accounting records to build General Ledger accounts from the source to the books to see if the GL balances were actual or fictitious. As of today I keep the nineteen accounts that I analyzed during that period, which are withholding payable, sales tax payable, unemployment payable, property taxes payable, 401k withholdings, and all the employee benefit related accounts. Analyze and prepare schedules for those accounts for audit reviews as of today.
· From the second year on I do analysis and preparation of multi-state sales taxes, local sales taxes, local business & occupational taxes
· Analysis and preparation of annual federal income tax form 1120.
· Analysis and preparation of tax provision FASB-109
· Analysis and preparation of fifty states income and franchise taxes.
· Prepare and make quarterly estimated payments of income taxes for federal and fifty states, prepare income tax extensions based on tax provisions. Analysis of rent per state, income per state, fixed assets per state, payroll per state and inventory per state reconciled to audited trail balance.
· Supervision and analysis of payroll regarding employees advances, garnishments, withholding rates and unemployment to see if they are according to the law. Analysis and preparation of fifty states withholding taxes, and unemployment.
· Analysis and preparation of the Federal Forms 941, quarterly and annual form 940.
· Analysis and preparation of Annual Reports and franchise taxes with the secretary of State of each state. This was another job that the company was in some states ten years behind and I made all the reports necessary for the company to be in compliance with the states. Certificates of Authority, Certificates of amendments, etc.
· Analysis and preparation of unclaimed property reports for all the states.
· Handle and prepare audits with all the state, we have been audited by California, Texas, Virginia, New York and Florida so far and we have not had any problems.
· Issue sales tax exempt certificates, as required per state laws for acquisition of inventory items.
· Handle disputes between the states and the company regarding some taxing issues, or abatement of penalties.
January 1997/ Senior Accountant
December 2000 n-Vision, Inc. McLean, VA
(Manufacturer of 3D Immersive Display Systems, publicly traded, $6
million annual sales)
· Responsible for Financial statement preparation, and managing the annual audit.
· Developed Solomon IV accounting system to control and manage the company’s inventory and manufacturing costs.
· Responsible for managing all accounting and financial functions including purchasing, accounts payable, accounts receivable, payroll bank reconciliation, and management reporting.
· Responsible for keeping daily cash balances and AR backlog.
· Responsible for managing all the company’s fixed assets in FAS, and our parent company, ATS, fixed assets in Deltek.
· Responsible for the month-end closing through adjusting, accrual, journal entries; and analysis and reconciliation of general ledger accounts.
· Responsible for managing biweekly payroll for 12 employees, including
· labor distribution, and general ledger entry.
· Responsible for quarterly sales tax reporting, and annual property tax
· reporting.
Senior Accountant
January 1996 Clarion Management Resources, Inc.
December 1996 (Association Management Firm, private organization, $6 million
Annual revenue. Manages 6 Non-Profit Organizations)
· Responsible for 6 sets of accounting books for the different associations.
· Responsible for Financial statement preparation, and managing the annual audit for each association. .
· Responsible for daily accounting duties, which include cash deposits of all the member contributions, and donations, credit card processing, voucher preparation, payment vouchers, GL journal entries, update member database accounting data, and all AR activities.
· Responsible for bank statements preparation for all 6 associations.
· Responsible for month end closing for each association, adjusting GL entries, accruals, reversals, and analysis of GL accounts.
· Responsible for preparing schedules for balance sheet accounts.
October 1981/
December 1984 Cortepro Corporation, Guatemala City
(Private real estate company)
Accountant Assistant -
· Performed daily accounting duties such as journal entries, preparing vouchers, reconciliation of bank statements and AR activities.
· Accurately and timely apply and deposit all cash receipts, and update the AR and AP on the database.
· Prepared biweekly payroll for fifty employees.
· Audit and process expense reports for compliance with travel policy, and process reimbursement.
· Process and resolve vendor’s and customer’s inquiries.
NON RELEVANT EXPERIENCE
January 1985/ Self Employed in family owned business “D&R Cleaning Services”
December 1995 Supported self and financed education though a variety of Contracts that totaled sixty hours a week.
· Create, lead, and organize, all marketing and administrative activities of business.
· Hire, train, and supervise a team of 15 employees.
· Negotiated contracts with customers.
· Demonstrated strong organizational, interpersonal, and time
· Management skills in providing services to 25 clients each week while pursuing college degree.
COMPUTER InSource express RS (income tax software), ProSeries (income tax software)
SKILLS FAS (fixes asset Software) Asset Pro(fixed asset software)
SUN, Deltek (Cost Point), Southware, Peachtree VI, Solomon IV, all are accounting systems.
Microsoft Windows 2000, Excel, Word, Power Point.
LANGUAGE Fluent in English and Spanish; both speaking and writing.
SKILLS
SEMINARS Attended seminar on “Inventory Management and Control” earned
ATTENDED 6 CEU credits. American Management Association, November 1999
Multi-State taxation Seminar – KPMG copntinuos updating
Since December 2004 to the present
Multi-State Sales Taxation Seminar, PadGet Thompson
August 2002.
Top Down Thinking Seminar – October 2008
Writing with impact seminar – February 2008
Time Management seminar – October 2006
Continuously attending tax Web-cast and seminars from KPMG, Ernst and Young, RIA, CCH in all tax topics to keep updated with the constant federal and state law changes.
REFERENCES Available upon request.
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