KIM PACY
Manchester, NH - -
Accounting Manager
Dynamic professional offering more than 20 years of comprehensive accounting and leadership experience in targeted roles. Brings proven experience with full-cycle Accounting. A goal-oriented individual with IT skills to facilitate technology. Knows how to set business objectives and takes the steps to achieve them. Provides excellent interpersonal skills and thrives both independently and when working with a cohesive team.
Core Competencies
Financial Reporting • P&L Management • Month-End Close • Year-End Close • 1099 Preparation • AR & AP Management • GL Management • Account Reconciliation • Intercompany Reconciliation • Interface Management • Budget & Variance Analysis • Fixed Assets Audit Preparation • Inventory Management • Collections • System Implementation • SOX Implementation
Professional Experience
FULCRUM RESEARCH GROUP, Waltham, MA - Accounting Manager/Sr. Staff Accountant2016 – 2019
As the first Accountant to be hired for Fulcrum, I managed all aspects of accounting, including: AP and AR; revenue recognition; expense report processing; AMEX and bank reconciliations; profit analysis; month-end/quarter-end/year-end close and financial statement reporting. Putting processes and procedures in place has been a huge part of my contribution. Working with Projector PSA, a project management software tool, I tracked Client projects, scheduled resource hours, tracked resource availability, invoiced Clients, recognized revenue on a percent-completion basis, managed interface journal entries to interface between QuickBooks, Projector PSA, and Bill.com and provided various reports to company owners and VP-level employees.
In-depth usage and management of QuickBooks Online, Bill.com and Projector PSA; managing the interfaces between the three systems to ensure accounting transactions are captured correctly
Reconciling clearing accounts to ensure zero balances
In my first year, I crafted a Profit by Project report to analyze profit on different levels (per project type, per employee, per client)
Managed vendor information to bring year-end 1099 form generation in-house to reduce outside accounting firm costs
Initiated multiple processes and procedures to be used company-wide for project tracking, profit tracking, expense reporting, time-off requests, new project set-up, and ongoing project maintenance
Gathered information on the company’s property to report accurate Personal Property tax filings
Designed a cash-flow projection template, reporting interim cash-flow to a Partner/Owner
Trained new employees on systems and procedures
Processed bi-monthly ADP payroll
NEWPRO, Woburn, MA - Accounting Manager2014 – 2016
Completed all month-end close activities, including journal entries and reconciliation of key accounts in a timely manner, gathered information from various internal sources needed to complete the month-end process. Collaborated with CFO to ensure deadlines were met. Assisted with preparation of monthly financial statements and footnotes. Calculated bi-weekly sales payroll to include commissions, bonuses, and incentives. Conducted thorough daily review and research of A/R with estimated daily cash intake to enable CFO and Owner to make effective decisions. Created monthly gross margin analysis of 5 product lines, full-cycle accounting for materials, subcontractor labor bills, and tracking of reorders for credit. Initiated daily morning cash reporting and cash forecasting to provide CFO with estimations of daily cash intake totals.
Provided staff accountant with supervision and support regarding A/P and miscellaneous payroll issues.
Created and managed product reorder analysis that secured implementation of company-wide initiatives to reduce reorders and associated costs.
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TEMPOE (formerly Why Not Lease It), Manchester, NH - Senior Accountant2013 – 2014
Created multiple processes to address and manage new client data as well as resolution of any lease issues. Conducted high-volume data analysis for intricate transactions and reconciliation of any lease account problems. Served as primary point of contact for all new client lease issues. Provided ongoing, optimized levels of support for multiple internal customer service departments and facilitation of communication with client teams.
Played integral role as part of project team charged with acquiring new retail client with plans to extend financing services to all client customers.
Launched research, development, testing, and implementation into improved upload process of new vendors and A/P transactions in QuickBooks, eliminating 4 manpower hours weekly for manual data entry.
Implemented new process for month-end balance sheet reconciliations.
WORKOUT CLUB & WELLNESS CENTER, Londonderry, NH - Accounting Manager2011 – 2012
Managed all general accounting activities including complete month-end close, analysis of account variances, and cash flow. Coordinated daily reconciliation of POS transactions across 4 locations. Utilized MS Excel schedules to manage fixed assets and banking functions. Supervised and coached 1 A/P Associate team member. Created ad-hoc accounting reports for review by the Operations Manager and company Owner/President. Sourced best-price and best practice liability insurance policies.
Consistently achieved month-end close deadlines through design of streamlined process and procedures.
Successfully eliminated 6-month invoice backlog, completing payment of all outstanding invoices.
Significantly reduced paper-waste across department with implementation of new spreadsheet database.
Provided Operations Manager with new spreadsheets to track sales progress and growth more efficiently.
VARIOUS ORGANIZATIONS – Contract Accountant (while working on Master’s Degree)2008 – 2011
CONVERSE INC., North Andover, MA - Retail Accounting Manager 2008
Recruited to manage and facilitate all aspects of multiple retail store openings including opening bank accounts, procuring supplies, and setting up sales tax data. Performed accurate and on-time month-end close activities including sub-ledger reconciliation.
Supervised and directed 2 Staff Accountants, providing guidance regarding reconciliation, sales tax, sales processing, and journal entries.
Successfully facilitated seamless openings of several retail stores in short period of time.
BROOKSTONE COMPANY INC, Merrimack, NH (3 positions)2004 – 2006
BROOKSTONE COMPANY Inc., Merrimack, NH - Manager of Accounting Operations 2007 – 2008
Coordinated and delivered annual budgets and bi-monthly forecasts to enable analysis of actuals to budgets. Served as Project Manager for technology and software upgrades requiring transaction analysis, test scenarios, and integration with existing systems.
Earned second promotion in a 12-month period to direct and develop 11 staff members in cross-functional departments including Sales Audit, Shortage Control, and A/R.
Designed and established a new A/R department, recruiting and training team members to manage A/R processes for effective financial reporting.
Developed and implemented automated A/R system utilizing existing e-Commerce software package, successfully accommodating Open Account management for new wholesale business line.
Achieved recognition as major contributor to the testing, implementation, and roll-out of a new company-wide POS (point-of-sale) system, providing accurate financial reporting for all retail stores.
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BROOKSTONE COMPANY INC. Sales - Audit & Shortage Control Manager 2006 – 2007
Earned promotion to manage staff of 8 members across Sales Audit and Shortage Control. Coordinated all reconciliations of month-end activities and credit card sales. Directed biannual Physical Inventory with review of inventory calendar events, determination of effective cut-off dates, processing of automated inventory, and variance reconciliation.
Established cohesive team culture through effective assignment based on individual strengths and abilities.
Slashed unaccounted fund totals from $300K to $1K with streamlined credit card reconciliation processes.
Consistently completed month-end close within pre-determined schedules, ensuring accuracy in large journal entry compilation.
Created and successfully leveraged $800K annual budget for Sales Audit department, comparing actual-to-budget variance on bi-monthly basis.
BROOKSTONE COMPANY INC. - Accounts Payable Supervisor 2004 – 2006
Conducted successful role supervising five A/P associates in a high volume, diverse payment environment.
Oversaw processing and payment for merchandise and general vendors.
Collaborated with external auditors to establish procedures to ensure Sarbanes-Oxley Section 404 Compliance.
Sample Achievements:
Applied strong time-management and organizational skills in eliminating a 2-year backlog of non-reconciled cost of goods transactions, while maintaining 100% accuracy for all transactions within 60 days.
Matched tasks with staff strengths to build greater efficiency and allowed employees to excel in their positions.
Collaborated and communicated with external auditors to establish and document procedures to ensure Sarbanes-Oxley Section 404 Compliance.
Education
Bachelor of Science Accounting, University of Maryland, 2016
Master of Science-Healthcare Administration, University of Maryland, 2012
Bachelor of Science, Organizational Management, Daniel Webster College 2002
Technical Skills
Projector PSA • QuickBooks Online • QuickBooks Desktop • Bill.com • Sage Platinum (Windows) • MAS 200 & 90 • Great Plain w/ FRX Reporting • ODS Retail Pro • Epicor Vantage • Island Pacific • Escalate Ecometry
• Pegasus Opera • MS Office Suite • MS Outlook • Lotus Notes
Intermediate level user of Excel, Word, Access, and PowerPoint
