Phillip Thompson
Snow Hill
Summary
Finance professional with strong background in financial management, analysis, and reporting. Adept at team collaboration and achieving results, with flexible approach to changing needs. Skilled in budgeting, forecasting, financial planning, and compliance. Known for reliability, analytical thinking, and effective problem-solving.
Overview
29
29
years of professional experience
1
1
Certification
Work History
Finance Officer
Worcester County, MD
06.2012 - Current
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Optimized cash flow management, ensuring timely payment of invoices and reducing outstanding debts.
- Improved budget planning and forecasting with thorough analysis of historical data and market trends.
- Streamlined financial processes for increased efficiency and accuracy in reporting.
- Assisted executive leadership in making informed decisions by providing reliable financial forecasts based on rigorous analyses.
- Managed a high-performing finance team, providing mentorship and professional development opportunities to improve overall performance.
- Evaluated investment opportunities to diversify company portfolio and maximize returns while minimizing risk exposure.
- Prepared financial reports, including the Annual Comprehensive Financial Report (ACFR), Uniform Financial Report (UFR), and the Single Audit.
Assistant Finance Officer
Worcester County, MD
07.2004 - 06.2012
- Increased efficiency in accounts payable processing by implementing a digital filing system for easy access to vendor information.
- Assisted in the implementation of new accounting software, facilitating a smooth transition with minimal disruption to daily operations.
- Streamlined payroll processing tasks by implementing an effective tracking system for employee hours worked and leaves taken.
- Enhanced financial reporting accuracy by streamlining data entry processes and implementing automated systems.
- Improved cash flow management with timely invoicing, follow-ups, and reconciliations.
- Assisted in the successful completion of annual audits, preparing necessary documentation and responding to auditor inquiries.
Enterprise Fund Controller
Worcester County, MD
08.1996 - 06.2004
- Completed journal entries, reconciliations, and account analysis to prepare financial documents and general account management.
- Prepared financial statements and related projections for balance sheets, cash flow reports and income statements.
- Streamlined annual audit process, working closely with external auditors to ensure accurate representation of company''s financial position.
- Managed payroll data entry and processing for 110 employees to comply with County guidelines.
- Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and investment activity.
Education
Bachelor of Science - Accounting
Salisbury University - Perdue School of Business
Salisbury, MD12-1991
Skills
- Bank reconciliation
- Financial administration
- Accounts payable
- Internal controls development
- Accounts receivable
- General ledger accounting
- Financial statements
Certification
- CPA - Certified Public Accountant
Timeline
Finance Officer
Worcester County, MD
06.2012 - Current
Assistant Finance Officer
Worcester County, MD
07.2004 - 06.2012
Enterprise Fund Controller
Worcester County, MD
08.1996 - 06.2004
Bachelor of Science - Accounting
Salisbury University - Perdue School of Business
Similar Profiles
Valerie McbrideValerie Mcbride
Custodian at Worcester County Park and RecreationCustodian at Worcester County Park and Recreation
Michaela DavisMichaela Davis
Instructional Assistant / Kindergarten Teacher at Worcester County Public SchoolsInstructional Assistant / Kindergarten Teacher at Worcester County Public Schools
Michelle CraigMichelle Craig
Substance Use Disoder Counselor at Worcester County Health DepartmentSubstance Use Disoder Counselor at Worcester County Health Department
Don'Monique SpeightDon'Monique Speight
Prestige Beauty Advisor & Fragrance Expert at Ulta BeautyPrestige Beauty Advisor & Fragrance Expert at Ulta Beauty
LaNeise HuntLaNeise Hunt
Senior Customer Service /Job Coach at MetLife Inc.Senior Customer Service /Job Coach at MetLife Inc.