KIMBERLY SETH

• End-to-end finance function for a small business (revenue currently < $10m). This includes:

o Entering supplier invoices

o Generating sales invoices

o Preparing payment batches in the accounting software and on the banking platform

o Bank reconciliations

o Sending out customer statements and chasing up outstanding AR

o Payroll and all statutory requirements (ie. payroll tax, superannuation)

o Month end accounting

o Month end reporting

o Inventory reconciliations

o Annual budgeting and quarterly reforecasting

o Cash flow management

o Quarterly BAS submissions

• Educating and developing wider team’s financial acumen

• Accounts payable and Receivables
• Daily Bank reconciliations
• Month end processes- Depreciation journals, billing, prepaid journals
• Monthly and Quarterly BAS
• GL review/Balance sheet Rec's- Prepared journal entries and entered into system using Xero
• Maintaining fixed asset register for numerous company assets over group
• 3 way models forecast (Cash flow, P&L and Balance sheet monthly forecast)
• Submitted daily/ monthly cash flow report that showed inflows, outflows and projections to controller.
• Generated and submitted invoices based upon established accounts receivable schedules and terms.
• Checked employee expense reports and submitted for signatures.
• Set up and improved accounting systems and processes to meet business needs and maximize operational success.

Achievements

• Automated processes for invoice processing
• Set up templates for balance sheet Reconciliations
• Set up templates for fixed asset register for 2 entities
• Set up template for prepaid expenses
• Reconciled Bank rec that was not reconciled since Nov 2017
• Trained new employees on accounting principles and company procedures.

• Reconciled company accounts for credit cards, employee expenses and commissions.
• A/Payable for both Western Australia properties (land subdivision) and Little Projects (property development)
• Bank reconciliations for both entities
• Month end journals- Prepayments, Accruals, director’s fees, sales incentives journals, depreciation, Intercompany recharges (for both entities) etc
• Maintaining financial models for WA properties
• Maintaining fixed asset register for Little Projects
• Cash flow distributions to shareholders for WA properties
• Overhead allocations for Little Projects
• Notional interest calculation for internal loans for Little Projects
• Statutory- BAS & PAYG lodgments, Taxable reporting
• Assisting with FBT for Little Projects
• Settlements processing for both entities
• Reviewed general ledger entries and assessed accuracy, along with Balance sheet reconciliations

• Daily Bank reconciliations (high volume)
• NAB/ANZ commercial rollovers for all borrowings
• Assisting with BAS
• Stock/Merchandise control for all sites in Australia
• Security releases- Contacting banks to release securities for franchises
• Bank guarantee requests
• Updating property valuations in master sheet
• Organizing bank cheques for property purchases
• Assisting Accounts payable team by checking payment details and invoices for accurate processing
• Balance sheet reconciliations
• Month end reporting
• Liaising with CFO and managers- (Ad Hoc Profit and Loss reporting)

Achievements

• Implemented more efficient process for releasing of security for each of the stores
• Outstanding security claims of 50 were sorted by 3 months
• Completed all book keeping for sites running directly by United and was the key contact for area managers, and store managers to liaise with.

• Basic accounting, including processing month end, Temp Payroll (500 Timesheets a week) and Perm payroll (22 staff- twice a month)
• PAYG, Payroll tax, Superannuation payments
• Assisted in implementing a Balanced scorecard to align corporate, strategies with KPI reporting

Achievements

• Formulated weekly payroll deductions worksheet for recording purposes
• Kept detailed and accurate accounting records and ensured compliance to current legislation
• Maintained payroll information by calculating, collecting and entering data.

• Processing invoices (50/100 invoices daily)
• Logging invoices (50/100 invoices daily)
• Raising Purchase Orders (For Engineers)
• Daily bank, supplier and intercompany reconciliations
• Compiling and processing payment runs (Once a week for both companies)
• Invoice log reports (Once a week)
• Constant follow-up on invoices and approvals
• Monthly allocation of credit cards
• Creditor statements / supplier reconciliations (Monthly)
• AR- Debt collection (Weekly)
• Generating forecast reports for end of month
• Generating month end internal charges
• Credit applications (to set up accounts- 2 to 3 a week)
• Regular review of committed orders to identify old orders to be cancelled or amended
• Sorted and distributed mail for business office
• Assisted with month-end closing and reporting duties.

Achievements:

• Trained two employees at Geotech and introduced accounting software