Sentences with phrase «asset accounting procedures»

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Bankruptcy: A legal procedure where the debtor's assets are liquidated by the court to account for financial obligations.

Depreciation An accounting procedure that aims to distribute the cost of tangible capital assets, less any expected salvage value, over the estimated useful life of the asset in a rational and systematic manner.

Large financial institutions like Vanguard, Fidelity and Schwab have standard procedures and forms to transfer a deceased owner's IRA assets into a properly - titled inherited IRA account.

Responsibilities and duties included all accounting functions, payables, receivables, asset tracking and reporting; prepared analysis of all regional financial reports for presentation to senior management, developed recommendations to optimize asset investments and deployment of resources, developed internal control procedures, and provided financial, accounting and statistical support to the regional vice president.

Seasoned professional specializing in property accounting; managed fixed asset up to $ 217M net worth; developed and implemented fixed asset accounting policies and procedures; proficient in regular general ledger accounting.

Accounted for up to 150K in vault assets by following all safety procedures, and managing both electronic and paper trails on all cash transfers.

Being extremely skilled at understanding and applying current accounting guidelines, system updates, revisions and policy changes, I had been able to enhance the procedure of formulating accounting policies and procedures for fixed asset tracking during my job at Next Era Energy Resources.

Prepared valuation analyses and cash flow models on prospective acquisitions using ARGUS; and recorded acquisition / sale of 1031 properties on multiple entities Prepared quarterly financial reports for tax auditors using QuickBooks, including all supporting schedules for 10 - K and 10 - Q filings Created / Maintained lease briefs for newly acquired assets and performed due diligence for prospective acquisitions Managed and reconciled cash for company and 1031 exchange properties; and acted as primary contact for all treasury management issues Filed annual business property statement and recorded estimated income tax payments — state and federal Created accounting procedures manual and supervised / trained assistants to perform accounts payable tasks Consulted with property accountants to resolve discrepancies in monthly financial reports Provided executives, shareholders, lenders and investors with monthly, quarterly and annual financial reports Ensured compliance with loan covenants and tenant in common (TIC) agreements

My strong familiarity with general accounting procedures will be very helpful in protecting the company's» interests.Personal InformationRoy Kelemen1232 Little StreetAkron, OH 44311 (555)[email protected] of Birth: May 6, 1979Place of Birth: OHCitizenship: AmericanGender: MaleProfile Summary • Strong familiarity with GL and fixed assets • Great -LSB-...] Continue Reading →

Provided technical assistance for asset management initiatives, instructed newly appointed property custodians on procedures, training and documents needed by Defense Finance and Accounting Service (DFAS).

Core Competencies Finance / Accounting Procedures • Budget Management • Fixed Asset Accounting • Cash Flow Analysis • Auditing • Bank Statements • Business Writing • Accounts Payable / Receivable

• Verify the accuracy of invoices and checks and post relevant information in predefined accounting databases • Prepare and submit invoices and handle payments • Coordinate cash and check deposit activities • Sort and enter accounts payable and receivable data into company database • Prepare and produce accurate financial statements such as balance sheets • Maintain record of assets and liabilities and complete and deposit tax returns • Reconcile bank statements and manage cashbook management on a daily basis • Issue and maintain records of petty cash • Audit accounts to ensure accuracy and address any discrepancies found during auditing procedures • Process refund requests and reconcile monthly statements • Post details of business transactions including received and disbursed funds • Type vouchers, invoices, bank drafts, checks and reports • Post cash receipts and expenses in designated accounts software • Report accounting discrepancies to supervisors and assist in resolving them and any issues that customers may have with their accounts • Compile and maintain financial records of the company by recording and summarizing data • Keep record of business transactions, compute costs and verify bills • Create statistical records by combining data and performing computations • Prepare payrolls and transfer employees» salaries to their accounts on a monthly or bi monthly basis • Manage day to day internal controls and arrange for purchase orders to be prepared

Since The Doe Fund was part of a research project that I did in my final year at university, I am quite well - informed about the specific accounting procedures that your organization follows, which I believe will be an asset to you once I am hired.

• Created, monitored and posted accruals and journal entries • Handled accounting functions for fixed assets, general ledger and inventory reserves • Performed accounts closing duties and coordinated reconciliation of sub-ledger accounts • Documented workflow, procedures and checklists and confirmed that all accounting processes were in sync with policies and procedures • Supported appropriate levels of reviews and oversight for accounting activities performed by different departments

SUMMARY A highly motivated & proficient accounting professional of comprehensive procedures as in cost allocation analysis, consolidation of subsidiaries, fixed asset, financial reporting, filing 10K reports, review K1's, budget analysis, prepare cash flow & inventory analysis report, Royalty statements and accounts reconciliation.

Tags for this Online Resume: Financial Statements, Cash Management, Business Plans, Budgets, Forecasting, Taxation, Internal Control, Consulting, Negotiations, Payroll Preparation, Supervision of Employees, Strategic Skills and Vision, Communication, Auditing, Job Costing, Inventory Control, Breakeven Analysis, Corporate Documentation, Time Management, Research and Development, Patent Management, Patent Accounting, Organizational Skills, Consolidations, Policies and Procedures, Lease Management and Accounting, Grant Management and Accounting, Venture and Debt Capitalization, Financial Planning, Independent, Ethical, Revenue Models, Presentations, Integrity, Writing Skills, Team Building, People Skills, Management Skills, Departmental Coordination, GAAP, GAAS, FIFO and LIFO, Goodwill, Revenue Recognition, Cost of Goods Sold, Bad Debt Management, Cash and Accrual Accounting, Accounts Receivable Management, Accounts Payable Management, Fixed Asset Accounting, Depreciation, Union Negotiations, Contract Administration, Gross Margin Analysis, Inventory Valuation Methods, Portfolio Management, Trust Accounting, Projections, Chart of Accounts, General Ledger, Journals, Credit Terms, Matching Principle, Trial Balance, Executive Summaries, Title IV Funding, Multi-State Taxation, IRS Negotiations, Tax Litigation, Teaching, Curriculum Development, Tax Planning, Tax Compliance, Automated Conversions, Performance Evaluations, Problem Solving, Automated Billing, Manual Billing, Application Approvals, Vendor Contacts, Purchase Orders, Invoice Verification, Benefits Implementation, Insurance Management, Loan Negotiations, Banking Contacts, Payroll Tax Returns, Federal Tax Returns, State and Local Tax Returns, QuickBooks, Microsoft Excel, Microsoft Office, Peachtree Accounting, TurboTax, Accounting

PricewaterhouseCoopers (Rabat, Morocco) 2005 Junior Auditor — Internship • Analyzed accounting records and determined financial status of organizations • Reviewed transactions, assets, liabilities, stock, income, expenditures, and net worth • Inspected accounting procedures ensuring compliance with legal and industry standards • Prepared reports concerning audit scope, financial health, and recommended next - steps

Professional Experience U.S. Army National Guard (Flemington, NJ) 01/2010 — Present Second Lieutenant, Finance Corps • Trained in Generally Accepted Accounting Practices (GAAP) and OMB Circular A-123 Internal Controls • Responsible for the management and disbursement of over $ 7,000,000 in tangible assets during military missions • Supervised financial control and money management procedures of four subordinate units • Coordinated and purchased logistical materials and sustenance of National Guard unit • Planned, executed, and coordinated over 45 missions with other unit officers to meet and exceed unit goals

Professional Experience Fox Asset Management (Red Bank, NJ) 6/2006 — Present Client Records / New Accounts Associate • Direct customer account records, new account generation, and customer service initiatives • Train and direct junior account associates ensuring compliance with company protocols • Craft detailed reports for senior leadership regarding client trends, revenue, and other data • Verify and prepare all documentation for monthly openings of 150 - 200 new accounts • Establish accurate hard copy files for 520 individual and 480 Institutional accounts • Verify new account inception values for 520 individual accounts by generating daily APL reports • Add 40 - 50 new individual accounts monthly to security database software system • Ensure timely and accurate updates of 1,200 institutional and 520 individual accounts • Implement new technologies, products, and procedures to improve company operations

Hill's Pet Nutrition — A Subsidiary of Colgate Palmolive (Topeka, KS) 1996 — 2005 Senior International Financial Analyst • Oversee and analyze international business activities ensuring cost effective and profitable operations • Perform accounting functions for (65) sixty five countries including budgeting, fixed asset accounting, invoicing, consolidations and reporting, cash management, lines of credit, and cash forecasts • Conduct financial analysis and prepared financial reports and statements • Serve as assessor for Sarbanes Oxley Revenue Reporting system which manages ~ $ 1 billion in sales • Administer ocean freight contracts for (65) sixty five countries with ocean carriers • Design and implement Credit Department policies and procedures • Implement and troubleshoot POP inventory control and SAP systems

The divorce procedure is essentially the same when it comes to the distribution of the marital assets and debts, retirement accounts, Social Security benefits, as well as alimony and inheritance rights.