Cheri Teeter Email & Phone Number

Shippensburg, Pa

Manage General Accounting, Accounts Receivable & Cash and Accounts Payables functions through team of four direct reports and work closely with counterparts in local business operations and accounting services in India. Responsible for delivery of the complete financial statements for the legal entity in the consolidated system and to ensure completion of all statutory and compliance reporting. Drive daily control and monitoring within all relevant accounting processes and work closely with businesses to fully understand the flows of transactions into the financials to ensure no material mis-statements. I ensure full compliance with internal control objectives, local GAAPs and Financial Policies and Procedures and manage month end closing processes, business consolidation system reporting and preparation for annual audit. I was the primary lead of internal Company Control transition from one facility to another in three months

Carlisle, Pa

Manage trade and tenant billing, cash application and collections for three operating companies at lowest possible cost for greatest possible cash flow through team of 30 and three direct reports. Process average monthly trade of 3,500+ vendors and 50K+ invoices, and average of 800+ monthly tenants and 450+ full-service banks. Oversee sub-system/GL interfaces, budgeting, analysis, reserve calculations, period-end processes and reporting. Drive internal and 3rd party collaborations to improve working capital and maintain DSO average of 10. Implement improvements including check deposit scanner solution, and robotic process automation (RPA) which cut check processing and wire application time and labor. Maintain accurate sales tax exempt certificates through compliance mechanism which properly reflects sales tax exemption for ±2,000 customers across 12 states. Serve as primary post-acquisition outsourcing lead, overseeing transfer of billing, cash application, and collection process knowledge. Have overseen writing of more than 250 business process documents to secure seamless transition and cross-training with no service interruptions.

Carlisle, Pa

Managed one analyst with dotted line to another in design, evaluation and modification of compensation policies to ensure program currency, competitiveness and compliance. Created and implemented new performance-driving merit system from ground-up. Aligned Pharmacy pay structures and merit timing for 1,000 associates, and aligned salaried and hourly merit cycles for 6,000 store management and corporate associates across four operating companies. Managed annual and ad hoc compensation project plan timeline development, and integrated accounting controls and quality checks of merit calculations files to payroll systems.

Carlisle, Pa

Managed six direct reports overseeing vendor recognition and short/long-term vendor allowance deal activities, and integrated four operating companies into one for vendor allowance accounting treatment of $55M/month. Managed and performed period-close functions, and calculated company-wide EITF 02-16 adjustment. Performed period and quarterly compliance reporting with Ahold Control Memorandums. Created long-term contract and deferred income budgets, supported Merchandising budgeting process, and provided comprehensive support for all audit testing related to vendor allowances.

Carlisle, Pa

Served as Senior Accountant for one of four operating companies, managed Merchandising Support to Merchandising Senior Leadership to ensure regulatory compliance, and secured more profitable vendor contracts both new and renewals through cost/benefit analysis and ad hoc and month-end reporting. Prepared in-depth balance sheet account reconciliations and ad hoc financial reports, prepared budget for vendor allowances and various expense lines, analyzed actual and budget variances, and provided quarterly data and analysis for internal and external auditors. Helped establish control guidelines in response to earlier audit discrepancies, and successfully achieved no audit issues throughout tenure. Implemented new vendor allowance reports for improved senior management result visibility, and performed period-end close activities.

Carlisle, Pa

Led financial review and analysis of all balance sheet account reconciliations for three operating companies, and reported inconsistencies, benefits and exposures to internal and respective operating company senior management. Provided training on accounting reconciliation policies and procedures including internal account reconciliation tools, and prepared for and supported internal and external financial audits.