Holly L. LaPorte
Summary
With 20 years of experience, I have spearheaded financial operations, optimized reporting processes, and implemented cost-saving strategies. Skilled in financial analysis, budgeting, and forecasting, I have mentored teams, streamlined cross-functional projects, and reduced operational costs. My expertise includes cash flow modeling, revenue recognition, and financial modeling.
Overview
20
20
years of professional experience
Work History
Controller
Corona Environmental Consulting LLC
02.2022 - Current
- Manage and oversee the daily operations of the accounting department including monthly, quarterly, and annual accounting close, Accounts Payable/Accounts Receivable, Cash Receipts, General Ledger, Payroll, Treasury, Cash Forecasting, Revenue and expenditure variance analysis, Fixed Assets, Balance Sheet Reconciliations, P&L, Accruals and coordinate and complete yearly audits with tax firm.
- Lead the supervision and mentorship of two accountants, enhancing team performance through targeted training and performance reviews.
- Revamped work in progress reporting, job costing reports, and deferred revenue invoicing.
- Developed a robust framework for estimate at completion, facilitating better project tracking and financial planning.
- Streamline weekly cash flow forecasting processes, resulting in enhanced financial visibility and enabling proactive decision-making.
- HR duties include onboarding new hires, healthcare benefits renewal, overseeing 401k program and coordinating all employee reviews.
- Delivered comprehensive financial reports within a 5-day close, enhancing stakeholder insights through effective PowerPoint presentations.
- Professional Water Engineering Consulting Firm
- Developed and implemented a comprehensive financial reporting system within 3 months, enhancing visibility and taking month end close from 15-18 days to 5 days.
- Recommended cost-saving strategies that hit the bottom line by $50k which included in depth reports of all computer software and hardware, dues and memberships, office expenses and services.
- Took Day Outstanding Numbers (DSO) from 96 days to 62 days by cutting WIP aged billings and being diligent on Aged AR.
- Spearheaded the creation of customized KPI dashboards using Unanet, automating report generation and saving 6 hours weekly in manual data compilation.
Controller
Vertical Distilling - Division of Wild Pack Beverages Inc
01.2021 - 12.2021
- Responsible for all internal reporting and communication regarding financial performance of 2 production facilities including preparation of monthly financial reporting packages and presentations.
- Liaise heavily with Sales and Operations organizations to set accurate annual and monthly targets taking into account inventory and labor constraints while striving to meet customer needs.
- Lead two faculties in all financial planning and forecasting activities including the annual budget process, and quarterly forecasts.
- Analyze and report on manufacturing operations including equipment availability, variances in use of raw materials and completion of finished goods.
- Assist in the preparation of financial audit package with PWC.
- Preparation of Federal Excise Tax and State Tax bi-monthly and monthly.
- Supervised and mentor on-site senior accountant and off-site payroll person.
- Co-packer and co-manufacturer with multi-state facilities for ready-to-drink beverages. Publicly traded on Toronto Stock Exchange.
- Spearheaded the integration of a new ERP system for 2 production facilities, resulting in streamlined operations and improved data accuracy.
- Created reports and tools for KPI reporting.
Assistant Controller
Ellipse Analytics
11.2017 - 11.2020
- Managed and reorganized the accounting department for 6 companies including: monthly, quarterly, and annual accounting close, Accounts Payable/Accounts Receivable, Cash Receipts, General Ledger, Payroll, Treasury, Cash Forecasting, Revenue and expenditure variance analysis, Fixed Assets, Balance Sheet Reconciliations, P&L, Accruals and coordinate and complete yearly audits with Planet Moran.
- Lead process of bringing Sales, Marketing, Operations and Finance together to streamline cross-functional projects and ensure alignment in obtaining goals.
- Supervised and mentored two accountants for payroll and AP.
- Implemented a streamlined revenue recognition process for our monthly subscription model.
- Improved cash flow modeling, providing insight into possible cash constraints and ensuring entities can continue to invest where needed.
- Ellipse Analytics and 5 other companies owned by a Private Equity Firm (JCP)
- Streamlined the opening of 4 new companies and integrating them into our accounting software and policies to enhance operational efficiency and inter-company charges.
- Developed advanced Excel models that improved cost of goods sold calculations, enhancing accuracy and efficiency.
- Created presentations for private equity partners that explain on-going evolution of business needs.
Accounting & Operations Manager
Go Fast Sports & Beverage
08.2016 - 11.2017
- Managed and presented reporting and analysis of month end results for a $5 million annual revenue energy drink company to executive management.
- Created trending analysis for full P&L review to improve forecasting accuracy and ease of variance analysis and balance sheet account reconciliations.
- Managed Accounts Receivable/Accounts Payable, General Ledger, Payroll, Fixed Assets, all ad-hoc executive reports, and coordinated yearly audit.
- Optimized inventory management across two warehouses, enhancing accuracy and reducing discrepancies through systematic tracking within 6 months.
- Collaborated closely with production facility to streamline production: scheduling, raw materials ordered, and cost accounting were done properly.
- Energy Drink Company-Consumer Product Goods
- Achieved a 25% reduction in operational costs within 6 months by implementing cost reductions and optimizing resource allocation.
- Transformed a loss-making company into a profitable entity within 12 months by strategically cutting product lines, outsourcing positions and optimizing vendor contracts.
Senior Financial Reporting Analyst
AECOM
05.2009 - 08.2016
- Conducted analysis and prepared recommendations regarding financial plans, trended future requirements, and operating forecasts for two different business units on two different financial systems for the oil and gas division.
- Generated financial analysis on all projects including estimate at completion, revenue recognition, budget/actual analysis and understanding of all contract terms.
- Collaborated with business units to develop quarterly forecast and annual budgets for financial accuracy and planning.
- Developed and maintained comprehensive financial reports using advanced Excel and Access skills, enhancing data accuracy.
- Performed detailed analyses to identify, analyze, understand, and monitor AECOM’s key performance indicators.
- Full-service engineering and construction company with revenue of $16 billion-Oil and Gas Division
Senior Accountant
Ascend Geo
12.2007 - 02.2009
- Assisted with the monthly/quarterly financial statements, general ledger, balance sheet reconciliations, journal entries, fixed assets, A/R and A/P.
- Provided timely explanations of variances between actual results and forecasts/budgets.
- Reconciled and invoiced US and International subsidiaries.
- Prepared sales/use tax returns for city and state.
- Liaised with external auditors during reviews and audits to ensure full cooperation from accounting staff and compliance with all qualified requests.
- Design and develop cable-free land seismic acquisition systems-Division of Aspect Energy
Senior Accountant
Travel Port
08.2005 - 12.2007
- Responsibilities included month end procedures, journal entries, and accruals.
- Ensured completion and review of all balance sheet reconciliations and identify and communicate findings.
- Led International subsidiaries via Inter-company charge backs and balancing out.
- Reviewed expense account analysis and bank reconciliation and oversaw fixed assets.
- Approved all journal entries and accruals prepared by general ledger accountants.
- Worldwide Travel Conglomerate with revenue of $2.4 billion
Financial Analyst II
AECOM
- Reported on all projects including revenue, write offs, expenses, aged unbilled and aged AR monthly.
- Responsible for the monthly closing of six offices as well as maintenance of all accounting ledgers including monthly review of all indirect expenses, account reconciliations and journal entries.
- Supervised two accountants.
- Led the successful transition from JDE Enterprise One to Oracle E-Business Suite.
- Devised complex spreadsheets to improve manual processes to speed up inputting of contractor’s revenue into JD Edwards Enterprise One.
Education
B. S. - Business Administration, Accounting and Finance
Clarion University of Pennsylvania
Skills
- Oracle E-Business Suite
- QuickBooks
- Unanet
- Acumatica
- JD Edwards E1
- Hyperion
- Billcom
- Xero
- Insight
- Timberline
- Great Plains
- Odoo
- PeopleSoft
- FAS
- Microsoft Excel
- ADP Payroll
- Stillhouse
- Financial reporting
- Cash flow management
- Budget forecasting
- Revenue analysis
- ERP system integration
- Cost reduction strategies
- Performance metrics development
- Data accuracy enhancement
- Supervision and leadership
Computer Experience
- Oracle E-Business Suite
- QuickBooks
- Unanet
- Acumatica
- JD Edwards E1
- Hyperion
- Bill.com
- Xero
- Insight
- Timberline
- Great Plains
- Odoo
- PeopleSoft
- FAS
- Microsoft Excel
- ADP Payroll
- Stillhouse
Timeline
Controller
Corona Environmental Consulting LLC
02.2022 - Current
Controller
Vertical Distilling - Division of Wild Pack Beverages Inc
01.2021 - 12.2021
Assistant Controller
Ellipse Analytics
11.2017 - 11.2020
Accounting & Operations Manager
Go Fast Sports & Beverage
08.2016 - 11.2017
Senior Financial Reporting Analyst
AECOM
05.2009 - 08.2016
Senior Accountant
Ascend Geo
12.2007 - 02.2009
Senior Accountant
Travel Port
08.2005 - 12.2007
Financial Analyst II
AECOM
B. S. - Business Administration, Accounting and Finance
Clarion University of Pennsylvania