Lori McLemore

• Facilitate month-end close, general ledger accounting, account reconciliations, financial reporting, and audit support.
• Transfer pricing, intercompany, R&D, and capital lease accounting and reporting.
• Deferred revenue and revenue recognition.
• Perform month-end close journal entries, encompassing employee benefits, loan interest, and accruals, ensuring accuracy and compliance with financial policies.
• Exchange rate updates and revaluations.
• Sales, use, and GST tax filing.

• Prepared monthly journal entries to resolve intercompany balance sheet variances.
• Reviewed and assisted in intercompany balance sheet reconciliations and confirmations, while also contributing to streamlining of best practices in reconciliation processes
• Analyzed reconciliation data and intercompany transactions, providing recommendations to enhance efficiencies.
• Trained and supervised new consultants in balance sheet reconciliation and variance resolution.

• Set up and improved accounting systems and processes to meet business needs and maximize operational success.
• Prepared journal entries and updated general ledger.
• Reconciled balance sheets and streamlined best practices for balance sheet processes.
• Reviewed documents and accounts for discrepancies and resolved variances.

In my position, I adeptly supported change management by addressing impacts of new accounting policies and initiatives. I ensured accuracy of business revenue and expenses and managed journal entries, bank and balance sheet reconciliations, collections, and payroll processing. I established and enforced internal controls and policies for effective accounting tracking and reporting. Additionally, I supported the CFO with special projects and performed precise month-end closings, maintaining thorough records.

In my senior accounting role, I effectively developed and streamlined month-end close processes and prepared accounts for audits, supporting entire audit processes. I meticulously reviewed and resolved discrepancies in documents and balance sheets. Additionally, I assisted in preparing monthly financial statements and maintained integrity of the general ledger and chart of accounts. My responsibilities also included managing and reporting on monthly expenses and variances, maintaining company capital leases and employee auto leases, and overseeing vendor and customer account setups.

In my role, I managed and streamlined various accounting processes, encompassing tasks from preparing for audits to maintaining the integrity of the general ledger and chart of accounts. My responsibilities included performing journal entries, and reconciling balance sheets. I played a key role in compiling, analyzing, and reporting financial data. Additionally, I played a key role in the production of detailed annual audit reports and elucidating monthly expense variances. My contributions also included training new accounting team members.

Managed all aspects of Accounts Receivable including reconciliations, reporting, invoicing, fee billing, collections, credits, customer profiles, collections, and customer purchase orders. Worked directly with account managers to maintain customer relationships and customer support. Analyzed monthly balance sheet accounts for Accounts Receivable for corporate reporting. Successfully decreased customer aging by 75%. Managed two billing specialists in accounting department.

In my accounting role, I effectively trained three new employees in company protocols and accounting principles, and consistently compiled general ledger entries with high accuracy. I was instrumental in generating monthly financial statements and streamlining month-end closing procedures. My collaboration with various departments significantly improved operational efficiency. I ensured compliance in tax filings and maintained the integrity of the general ledger. My skills in resolving accounts payable discrepancies led to accurate report creation. Additionally, I managed invoicing for both accounts receivable and payable. A key achievement was implementing cost-cutting strategies, reducing expenses by 15-35% and securing new vendor agreements for further savings.