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Candidate Info
years in workforce
years at this job
Accounting
Director of Accounting
Managed Fixed Assets, Accounts Payable and Financial Analysis and Budgeting for 132 locations throughout the United States. Included 4 direct reports and a total staff of 33.
- Solved a Billing system issue that caused gas losses resulting in $5 to $10 million in losses each year. Resulting in the corrected billing of millions of dollars for past propane deliveries.
- Redesigned the budgeting process utilizing excel resulting in a decreased cost of $150,000 per year.
- Installed 2 General Ledger packages. Clarus software in 1997 and PeopleSoft software in 2000. Utilized Cognos report writing software to create monthly operating reports for up to 1000 entities.
- Led a team to close offices in Houston and North Carolina resulting in saving of $5 million a year by relocating the work in the Kansas City area.
- Completed an audit of Thermogas Propane in 2000 allowing [company name] to complete the largest acquisition in it's history.
Candidate Info
years in workforce
years at this job
Accounting
Director of Accounting
Responsible for directing the recording and analysis of rental/retail revenue, inventory, marketing, franchise, and cash & banking information for $4 billion retail entertainment operation. Supervised 3 direct reports and 15 employees during the month end close process while ensuring that appropriate accounting principles (GAAP) and auditing standards (Sox) are used.
- Worked with finance and merchants to improve accuracy and quality of variance reporting/analysis by converting planning for $2 billion gross margin from top-down to driver based bottoms-up process.
- Increased our organizational effectiveness through the use of a web based tool to facilitate sharing of close schedules and PBC's with the comptrollers group & auditors.
- Managed and prepared financial and month-end reporting for all company product lines and reviewed all issues and results with business partners (variances, pending issues, risks and opportunities).
- Automated the credit card dispute response process by working with IT in developing a database to capture signatures and reduce chargeback's by 10%.
- Developed management and leadership skills in direct reports and mentored all levels of staff.
Candidate Info
years in workforce
years at this job
Finance & Accounting
Corporate Governance
Bachelor of Business Administration
Director of Accounting
Developed processes and procedures to evaluate the Financial performance of the company- Net saving to bottom line of over 10%
- Evaluated multiple Accounting software systems and recommended change and implemented new Accounting system
- Prepared financial statements and budgets for ten regional offices
- Restructured Accounting staff to optimize each employees talents resulting in less turnover and Timely billing to clients- 10 Accounting direct reports to my position
- Direct report to CFO and company President for financial reporting
- Interacted with auditors, bankers, attorneys and insurance agents (net savings on Worker's Comp premium over $250,000 per year after internal audit)
Candidate Info
years in workforce
year at this job
Accounting
Director of Accounting
Oversaw day to day operations of corporate Accounting and Human Resources personnel
- Developed shipping policy to recoup $384 thousand on an annual basis
- Maximized sales margin by recommending product and service pricing policies.
- Maintained sufficient funds by forecasting cash requirements and obligations
- Provided financial projections by coordinating budget/forecast preparation
- Collected, analyzed and consolidated financial information for executive management
Candidate Info
years in workforce
years at this job
Accounting
Finance
Director of Accounting
Hired, supervised, developed and motivated accounting staff consisting of five senior accountants. Responsible for multiple companies, including News 12, Fuse Networks and Rainbow Advertising Sales encompassing more than $350 million in annual revenue. Instrumental in building financial infrastructures and standardizing accounting procedures across all companies. Coordinate monthly, quarterly and annual financial closing procedures.
- Reported and maintained the financial statements for assigned business units at the management reporting level, tax reporting level (legal entity) and external reporting level (10-Q and 10-K).
- Met regularly with controller and business managers to develop comprehensive comparisons of actual results to budgets and internal forecasts.
- Reviewed and signed off on balance sheet and income statement account analysis and monthly journal entries.
- Supported Business Planning in the preparation of budgets, forecasts, cash flow statements and five year plans.
- Established accounting policies and procedures and ensured that the system of internal controls comply with Sarbanes-Oxley Section 404.
- Met with internal and external financial auditors, as necessary.
Candidate Info
years in workforce
years at this job
Accounting
Director of Accounting
Manage a staff 20, including 3 group controllers and AP manager in daily and month end close processing. Coordinate the reporting and analysis of monthly income statements; balance sheet and cash flow for forty seven remote Long Term Care facilities grouped into four portfolios.
- Improved the account reconciliation processes through automation and design, saving three days per month
- Improve AP productivity through system enhancements with IT and outside vendors. Reduced overall processing time by over 40 hours improving vendor and internal relationships.
- Led a system improvement comity with IT and other departments to improve company- wide processing.
Candidate Info
years in workforce
years at this job
Bachelor of Business Administration
Finance
Director of Accounting/vice President - Capital Markets Operations
Managed seven-member staff responsible for financial accounting, reporting and controls for Foreign Exchange,
Interest Rate Derivatives, Credit Derivatives, and Structured and Equity Derivatives.
- Supported $438 billion in derivative activity that generated $66 million in annual revenues.
- Instituted newly established FAS 133 hedge accounting for Treasury and Global Capital Markets business units.
- Redesigned SEC, Regulatory, and Interpretation 39 reporting.
- Designed and managed daily valuation and volatility of derivative products from front to back office.
- Implemented monthly metrics reporting for operations activities such as error ratios, unit cost, and volatility measures.
Candidate Info
years in workforce
years at this job
Accounting
Director of Accounting
Provide leadership for accounting department, strengthen divisional accounting functions, and implement/maintain financial controls.
- Established cost accounting systems to analyze profit improvement opportunities
- Worked in cooperation with management teams to restructure corporate pricing on all major product lines, resulting in a 32% profit improvement
- Streamlined accounting processes to reduce work paper and documents requirements.
- Supported corporate and divisional strategic planning efforts through forecasting and operational/capital budget development activities
- Established and maintained credit/collection policies
Candidate Info
years in workforce
years at this job
Bachelor of Business Administration
Accounting
Director of Accounting
Managed team responsible for mortgage accounting, accounts payable and fixed assets.
- Prepared consolidated financial statements and reporting package for Nexstar and its subsidiaries. Adapted accounting and reporting processes resulting from the purchase of Nexstar by MBNA and the subsequent acquisition of MBNA by Bank of America.
- Maintained and administered PeopleSoft General Ledger and Reporting.
- Member of team that created accounting processes for Bank of America's acquisition of Reverse Mortgage of America.
- Oversaw conversion of accounts payable and fixed asset functions to Bank of America's centralized processes.
Candidate Info
years in workforce
months at this job
Accounting
Director of Accounting
Performed monthly, quarterly and annual closes and prepared consolidated financial statements and analyses.
- Reviewed 10Q and 10K.
- Developed project cost system for R&D projects.
- Developed annual corporate budget and updated forecast on quarterly basis.
- ASC 718 - Accounting for stock based compensation
- Prepared quarterly accounting research update for CFO
Candidate Info
years in workforce
years at this job
Accounting
Accounting
Human Resource Management
Director of Accounting
Managed a staff of four - One senior staff Accountant, two staff Accountants, and an Accounts Payable Manager (4 AP assistants.)
- Prepared financials for ten home health agencies and six hospices.
- Reconciled intercompany accounts with LTACH division and Corporate Office.
- Maintained accounts payables, monthly close for both Home Health and LTACH divisions. Included preparation of 1099's for 6 entities.
- Maintained all GL reconciliations, audit schedules.
- Extracted and posted 3 of 4 patient account revenues to GL.
- Prepared financial board reports monthly for board members and senior leadership.
Top Director Of Accounting
Resume Templates
Director of Accounting Duties and Responsibilities
The type of organization a Director of Accounting works for will determine their particular responsibilities, however, there are several main duties all Directors of Accounting perform. A review of current job listings identified the following primary tasks and responsibilities.
Ensure Compliance with Regulations A Director of Accounting is responsible for ensuring all transactions and financial policies for their organization meet federal regulations and standards. They will help create business policies and practices that meet compliance with the laws they are subject to and develop a review process to ensure they maintain these goals.
Provide Budgets and Forecasts Directors of Accounting often provide the data to their company's CFO that is critical in developing future budgets. The Director of Accounting must be able to gather and supply this data as well as interpret and present the information. They may also be called upon to recommend ways to reduce costs or improve the company's profits. Cost analyses and forecasting are also a task often delegated to the Director of Accounting.
Manage Staff Supervising the accounting staff is another important duty the Director of Accounting will perform. This may involve hiring and training staff. It may also entail reviewing applications, conducting interviews, processing new hire paperwork, and providing on the job training or mentoring to new employees. They may also conduct performance evaluations, handle disciplinary actions and process payroll for their staff. Directors of Accounting will also oversee the day-to-day operations of their department, ensuring all tasks and projects are being completed as planned.
Director of Accounting Skills
A Director of Accounting must be reliable and highly organized. They should possess excellent communication skills both verbally and in writing and be team players. Strong leadership skills and an analytical mind are also important. In addition to these traits, employers look for applicants with the following skillsets. Core skills: Based on job listings we looked at, employers want Director of Accounting with these core skills. If you want to work in Director of Accounting, focus on the following.- Proficient in computer software programs such as, word processors, spreadsheet programs, and database systems
- Excellent mathematical skills
- Budgeting and forecasting experience
- Project management experience
- Knowledge of accounting and financial principles
- College degree in accounting or related field
- CPA license
- Experience with financial ledger software such as, Oracle or SAP
- Knowledge of Generally Accepted Accounting Principles (GAAP)
Director of Accounting Resources
There are some helpful and informational resources available on the Web for those interested in working as a Director of Accounting. We scoured the internet and found these links full of learning opportunities and the latest industry news. On the Web
Accounting Today - This online magazine offers the latest news, in-depth articles, and editorial analyses for tax and accounting professionals. There are sections dedicated to financial planning and current news, as well as a plethora of resources. Director of Accounting Books
Accounting Made Simple: Accounting Explained in 100 Pages or Less - This resourceful book explains accounting without using any technical jargon or complicated terms. It covers all aspects of accounting including preparing financial statements and the Generally Accepted Accounting Principles (GAAP).
Accountant's Guidebook: A Financial and Managerial Accounting Reference - A wonderful resource for the Director of Accounting. This book covers everything from basic accounting duties to managing an accounting department. Industry Groups
American Accounting Association - Founded in 1919, AAA boasts the largest community of accountants in academia. They are also the industry leader in research and publications in the accounting field and offer a wide range of industry news and resources.
National Society of Accountants - The NSA was created in 1945 and promotes standards and ethics in accounting by providing education and advocacy to its accountant members. Members receive access to their large resource library as well as discounts on services and materials.
