Abel Darg Email & Phone Number

Arlington, Virginia, United States

Silver Spring Md

Challenged to lead the financial management of $14M annually in donations, pledges, grants, and contracts to fund 80 different assigned cost centers—including general ledger review and quality control, preparation of financial reports and billings to funders, preparation and renewal of grant budgets, and assisting program management in managing funds to maximize program benefits. Improved financial tracking and reporting processes, reducing time to reconcile accounts, and improving the… Show more Challenged to lead the financial management of $14M annually in donations, pledges, grants, and contracts to fund 80 different assigned cost centers—including general ledger review and quality control, preparation of financial reports and billings to funders, preparation and renewal of grant budgets, and assisting program management in managing funds to maximize program benefits. Improved financial tracking and reporting processes, reducing time to reconcile accounts, and improving the accuracy and timely completion of the month-end/quarter-end financial close. Prepared and maintained all supporting documentation for client accounts, meeting with assigned program managers monthly to discuss financial statement and budgetary issues for assigned cost centers. Show less

Challenged to provide leadership to execute general accounting duties efficiently and accurately - following high turnover in the role. Own accountability of revenue for membership, sponsors, conferences, affiliates services, and others. Accounts Receivable and accounts Payable (process weekly payments) , GL processes, monthly accounts reconciliations and revenue recognition and deferment.

Arlington, Va

Challenged to turn around and lead accounting function—as the first full-time accountant for this 27-person company. Oversee payroll, customer invoicing, accounts receivable, accounts payable, bookkeeping, depreciation, amortization schedules, employee health insurance, 401(k) retirement services, taxes, and general accounting for fixed assets and financial reporting. Manage all W-2, and 1096-1099 submissions for the IRS. Manage general ledger, balance sheet, and accounting of $5M… Show more Challenged to turn around and lead accounting function—as the first full-time accountant for this 27-person company. Oversee payroll, customer invoicing, accounts receivable, accounts payable, bookkeeping, depreciation, amortization schedules, employee health insurance, 401(k) retirement services, taxes, and general accounting for fixed assets and financial reporting. Manage all W-2, and 1096-1099 submissions for the IRS. Manage general ledger, balance sheet, and accounting of $5M P&L.-Turned around a disorganized accounting function—and improved business intelligence,earning recognition from third-party CPA firm for accounting detail, transparency, and accuracy.- Discovered and corrected $380k in unbilled accounts receivable, managing customer invoicing processes, and negotiating payment plans as necessary.- Uncovered and corrected a six-month deficiency of employee health insurance payroll deductions, developing and reviewing a solution with owner—that divided and applied the billing over the next six months.- Improved transparency and business intelligence related to customer billings, developing a detailed summary of all 50+ customers, and managing review of employee time sheets and customer invoices with owner.- Managed requests for tax compliance documentation from the General Services Administration (GSA), ensuring reconciliation of invoices, contracts, and proposals—that resulted in zero finds throughout multiple audits.- Reconciled all company credit card activity and statements, providing accurate and timely documentation to verify and validate disputes with customers—resulting in customers modifying their accounting to match. Show less

Washington D.C. Metro Area

Hired as employee number three to start up and lead the accounting function. Managed accounting processes and financial reporting for $13M P&L (at peak)—including general ledger, balance sheet, and statements of cash flow. Administered payroll (ADP), and managed A/P and A/R, fixed assets, and cost analyses. Established and managed a team of four employees.- Established accounting processes and procedures, and played a key role in company’s rapid growth,managing the review, analysis, and… Show more Hired as employee number three to start up and lead the accounting function. Managed accounting processes and financial reporting for $13M P&L (at peak)—including general ledger, balance sheet, and statements of cash flow. Administered payroll (ADP), and managed A/P and A/R, fixed assets, and cost analyses. Established and managed a team of four employees.- Established accounting processes and procedures, and played a key role in company’s rapid growth,managing the review, analysis, and integration of accounting and systems of four acquired companies.- Delivered strong recommendations and guidance to owner regarding cash flow and solvency, identifying overspending by owner, and a dishonest representation of an acquired company’s books—negative close of $240k in 2012 versus a reported profit—ultimately resulting in the company’s bankruptcy. - Identified $70k in fraud—in accounts payable and staffing—on the books of two newly acquired companies, performing accounting due diligence, and leading the negotiations and resolutions with the sellers/owners.- Reduced accounts receivable >120 days to current—totaling $700k in revenue, reviewing and analyzing customer invoices of acquired companies, negotiation of payment terms, and establishing electronic method for payment.- Recognized for accuracy and transparency in IRS and corporate audits, playing a supporting role in two company audits—that resulted in no negative findings. - Managed and reviewed weekly and bimonthly payroll for 250 employees, preparing W-2 and 1099 analyses and filings to the IRS, tracking time and commissions for employees and contractors- Partnered closely with CPA firm in the management of franchise tax, and federal tax returns for four entities, ensuring detailed and compliant processes and documentation- Provided timely explanations of variances related to internal/external financial reporting, collaborating closely with corporate audit team and third-party audit firm Show less

Norfolk, Virginia Area

Lima Province, Peru

Master Of Science (M.S.), Accounting—Concentration In Fraud |, Science In Accounting

Bachelor Of Science In Business, Bachelor Of Science (B.S.) Business

Bachelor'S Degree, Bachelor Of Business Administration