Heather Malloy
Thurmont,MD
Summary
Results-driven Accounting Professional specializing in financial analysis, reporting, and compliance. Demonstrated expertise in budget management, forecasting, and process improvement initiatives. Recognized for reliability and teamwork, consistently delivering measurable outcomes while adhering to high standards. Aiming to leverage analytical skills to enhance organizational financial performance.
Overview
20
20
years of professional experience
1
1
Certification
Work History
Corporate Accounting Manager
Choice Hotels International
08.2016 - Current
- Focus on Equity Accounting concentrating on the reconciliations of weighted average stock (stock options, restricted, performance vested and common stock), preparing the dilution summaries for EPS and the related schedules and footnotes in the filing of the 10Q and 10K
- Responsible for calculating the corporate Bad Debt Reserve
- Collaborated with cross-functional teams to identify areas of improvement, leading to increased efficiency across departments.
- Complied with established internal controls and policies.
- Conducted thorough root-cause analyses for issues identified within processes, resolving problems quickly to prevent recurrence.
- Assisted external auditors during annual audits by providing relevant documentation and answering inquiries promptly.
- Facilitated interdepartmental communication regarding budgetary concerns, fostering greater collaboration among teams.
- Review and approve senior accountants entries and reconciliations
- Streamlined the month-end closing process for increased efficiency and time savings.
- Conducted detailed variance analyses comparing actual results against forecasts/budgets pinpointing areas for improvement and adjustment.
- Generated monthly and quarterly financial statements for executive review.
- Developed and implemented various procedures to improve accounting process.
- Analyzed and reported on financial data to support business decisions.
- P&L analysis of over 30 departments.
- Handled day-to-day accounting processes to drive financial accuracy.
Staff Accountant
Phoenix Mecano, Inc.
01.2009 - 08.2016
- Prepared precise cash projections on a recurring basis for management review.
- Reconciled corporate bank statements.
- Financial statement analysis.
- Maintained general ledger accuracy through regular account reconciliations, journal entry adjustments, and transaction reviews.
- Conducted detailed evaluations to ensure budget accuracy and alignment with financial goals.
- Revised forecast for alignment with actual numbers, ensuring accuracy.
- Supervised Accounts Payable functions for accuracy in coding and payment workflow.
- Provided comprehensive updates on financial variances to executive leadership.
- Developed internal audit control procedures aligning with company policy.
- Chosen by CEO and IT to join core team for software implementation, leveraging accounting expertise.
- Evaluated customer accounts for creditworthiness based on terms.
- Authorized sales orders that exceeded customer credit limits following company policies.
- Analyzed customer account data to assess potential risks.
- Demonstrated extensive understanding of manufacturing, warehouse, sales, and purchasing.
- Managed accounts payable processing, ensuring timely payments to vendors while maximizing cash flow management strategies.
- Participated in internal and external audit processes to establish accurate financial records and comply with Generally Accepted Accounting Principles and regulatory requirements.
Accounts Payable Accountant
Phoenix Mecano, Inc.
01.2005 - 01.2009
- Solely responsible for managing accounts payable for $60 million corporation.
- Recognized for consistently meeting deadlines and maintaining responsibility awareness.
- Commended for effective resource management and streamlined information retrieval processes.
- Coordinated with vendors and set up new accounts.
- Finalized annual 1099 forms and submitted to IRS.
- Fostered effective communication channels with upper management to streamline collaboration.
- Executed reconciliation of open purchase order g/l accounts each month.
- Balanced and processed monthly sales tax for MD and WV.
- Navigated language barriers and streamlined cross-border communication with international teams.
- Streamlined month-end closing processes, allowing for faster reporting to management on financial results.
- Assisted employees with filling out expense reports.
- Increased accuracy in financial transactions by maintaining a well-organized filing system for all accounts payable documentation.
- Improved invoice processing efficiency by streamlining accounts payable procedures and implementing an automated system.
Education
M.B.A. - Accounting and Finance
Hood College
01.2016
B.A.S. - Accounting with a minor in Business
UMUC
01.2012
Skills
- Variance analysis
- SOX compliance
- Journal entries
- General ledger accounting
- Month-end reporting
- Meticulous attention to detail
- Account reconciliation
- Closing procedures
Certification
CPA candidate
Timeline
Corporate Accounting Manager
Choice Hotels International
08.2016 - Current
Staff Accountant
Phoenix Mecano, Inc.
01.2009 - 08.2016
Accounts Payable Accountant
Phoenix Mecano, Inc.
01.2005 - 01.2009
B.A.S. - Accounting with a minor in Business
UMUC
M.B.A. - Accounting and Finance
Hood College
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