Adam Wallace Email & Phone Number

Chicago, Il, Us

Oak Brook, Illinois, United States

• Delivered monthly financial reporting packages that provide transparency into the company’s financial results.• Developed and maintained a daily scorecard to track actual production, sales, labor efficiency, and run rates against budgeted and forecasted targets, enabling real-time performance monitoring.• Managed and supervised accounts payable, accounts receivable, and payroll functions, ensuring accurate and timely financial reporting.• Negotiated with customers and vendors to secure improved contract terms, leading to a 30% boost in scrap revenue and optimizing revenue streams.• Assisted in due diligence for the sale of a company, providing critical financial and inventory data to support the transaction.• Reviewed weekly pro forma income statement with site leaders to understand and assess forecasting accuracy.• Partnered with lean management and operations to lead financial training presentations to non-financial staff, simplifying complex financial concepts and enhancing understanding of key financial metrics and reports.• Completed monthly compliance calculations in accordance with required banking covenants demonstrating the company’s financial health.

Oak Brook, Illinois, United States

• Reduced month-end closing cycle from 10 days down to 5 days by enhancing reporting efficiency and accuracy.• Created and maintained annual budgets for the fiscal year, ensuring alignment with organizational goals and worked across multiple departments to update forecasts monthly.• Prepared monthly business reviews, providing stakeholders with clear context and actionable insights into the company’s safety, quality, year-over-year and segmented financial performance.• Oversaw all phases of an ERP merger project, from planning to implementation, achieving alignment across departments and minimizing operational disruptions.• Partnered with the operations team and plant managers to develop and implement checkbook procedures, resulting in a 15% reduction in maintenance, repairs, and operations expenses as well as gains in direct labor efficiencies.• Performed monthly reconciliation and consolidation of complex intercompany transactions, ensuring accuracy and timely resolution of discrepancies across multiple entities.• Performed periodic physical inventory observation and fixed asset audits to ensure reliability of balance sheet items.• Built out quarterly and year-over-year customer margin analysis that would support sales staff in understanding sales trends.• Worked directly with outside auditors to finalize prior year audits.

Itasca, Illinois, United States

-Ensures verifiability, completeness, and timeliness of recording weekly revenue for over 50 locations-Preparation of account reconciliations to ensure accuracy of general ledger and balance sheet transactions-Correspondence with teams at over 50 affiliate locations to communicate best practices for accounting purposes -Understanding and navigating multiple Point of Sales systems to properly account for all transactions-Daily reconciliation of bank to general ledger transactions to provide assurance to revenue recognition process-Review of contract agreements with partner locations to verify revenue share and precision in accounting process-Weekly communication with external partner locations to provide guidance in understanding revenue share and recognition-Preparation of journal entries and bank reconciliations-Responsibilities within both accounts receivable and accounts payable -Implementing processes to increase productivity and efficiency in the accounting cycle and month-end close-Use of multiple computer, cloud based and accounting software to generate reports for both internal and external users of financial statements

Bensenville, Illinois

-Managing and recording financial records for clients.-Filing tax returns and creating reports for small businesses and clients.-Preparing, reviewing and analyzing financial statements.-Familiarity with bookkeeping and tax accounting software and standard accounting terminology.-Assisting with the organization and filing of past documents, records and confidential information.

Warrenville, Illinois, United States

-Audit, compilations and reviews for Not-For-Profit and tightly held organizations-Prepared accurate and timely audited financial statements in accordance to US GAAP and federal standards for policies and procedures-Performance of Yellow Book and single audit procedures to ensure compliance with GAAP and federal grant requirements-Utilized audit software to streamline audit procedures and perform annual year over analytics-Communication with clients to ensure understanding of industry and annual financials, discussing methods of adding value to different accounting processes

Bedford Park, Illinois

-Processing monthly inventory reconciliations-Viewing, approving, and editing monthly employee expense reports-Accounts payable entries and ACH payments-Bi-weekly journal entries (cash and accrual basis) and detailed bookkeeping records within an ERP system-Cost analysis for steel materials and shipping-Generation of what-if analysis reports and sales forecasting in Microsoft Excel-Scanning and organizing documents on an online server for ease of retrieval and accountability-Analysis and comparisons of policies such as Certificate of Liability Insurance

Lemont, Illinois

River Forest, Illinois

- Setting up A/V equipment for events and classes around the University, familiarized with different types of A/V equipment, cables and troubleshooting issues.-Assisting Dominican University students, faculty, and staff with computer hardware and software issues.-Responding to service calls during live events and classes.-Assembling, imaging and repairing hardware and computer systems.-Trained in being proficient in different operating systems and troubleshooting versions of Windows 7 through 10 and OS X El Capitan.-Computer lab organization and maintenance of lab stations and printers.

Master Of Business Administration - Mba, Accounting

Bachelor Of Science - Bs, Accounting

Accounting