Cheryl L. Peterson Email & Phone Number

United States, Washington

Renton, Wa

• Prepared and recorded journal entries• Prepared GL account reconciliations

Tacoma, Wa

• Coordinated with third party tax preparation service and internal departments to track and monitor all steps required to process Federal, State, & local tax returns, extensions, annual reports, assessments, adjustments & payments for the following tax types: income, franchise, excise, B&O, gross receipts, sales & use, real & personal property• Assigned GL coding for tax payments & submited payment requests to Accounts Payable• Recorded tax accruals and… Show more • Coordinated with third party tax preparation service and internal departments to track and monitor all steps required to process Federal, State, & local tax returns, extensions, annual reports, assessments, adjustments & payments for the following tax types: income, franchise, excise, B&O, gross receipts, sales & use, real & personal property• Assigned GL coding for tax payments & submited payment requests to Accounts Payable• Recorded tax accruals and adjustments to actual• Received, distributed and filed tax agency notices; researched and resolved issues Show less

Redmond, Wa

Support a growing and dynamic indirect tax department responsible for indirect tax compliance.• Perform Sales & Use tax general ledger account reconciliation.• Update, rework and reformat existing sales & use tax recon worksheets to current procedures.• Process incoming tax filing and business license notices from tax authorities: distribute, log, file and communicate as necessary to the appropriate parties to ensure a timely response and compliance. •… Show more Support a growing and dynamic indirect tax department responsible for indirect tax compliance.• Perform Sales & Use tax general ledger account reconciliation.• Update, rework and reformat existing sales & use tax recon worksheets to current procedures.• Process incoming tax filing and business license notices from tax authorities: distribute, log, file and communicate as necessary to the appropriate parties to ensure a timely response and compliance. • Update user ID and login account set-up on state and local tax filing websites and update user ID log.• Access multiple in-house filing and general accounting systems to extract and update tax and license data.• Set up paper and electronic files for a large backlog of tax and business license documents.• Complete ad hoc requests to provide information or data, create lists and spreadsheets, document and verify tax filing and business license requirements per license and registration documents, clean up electronic files, etc.• Receive, process, track and file tax exempt paperwork from retail locations; communicate with retail operations to report process exceptions and track missing documents. Worked with retail operations to provide reporting sooner and reworked the tracking spreadsheet to streamline the process; cleaned up a backlog of document exceptions. Show less

Bellevue, Wa

• Processed fixed asset activity, recorded monthly journal entry, reconciled asset clearing account.• Filed monthly Washington Combined Excise Tax Return and submitted electronic payment.• Integrated data from the operations to accounting system; data entry.• Reviewed loan trade transactions to verify accuracy.• Updated policy documents, narratives and the fixed asset procedure in preparation for the annual audit; documented desk procedures.• Researched… Show more • Processed fixed asset activity, recorded monthly journal entry, reconciled asset clearing account.• Filed monthly Washington Combined Excise Tax Return and submitted electronic payment.• Integrated data from the operations to accounting system; data entry.• Reviewed loan trade transactions to verify accuracy.• Updated policy documents, narratives and the fixed asset procedure in preparation for the annual audit; documented desk procedures.• Researched best practices for A/P, Travel & Business Expenses and Company Credit Cards.• Set up vendors in the A/P system and communicated with vendors to acquire W-9. Show less

Accounting Operations Technical Specialist Jun 2015 - Dec 2015

Responsible for analyzing new business, existing operations and accounting procedures to deliver compliant, accurate and timely financial information for a subsidiary engaged in retail, wholesale, e-commerce, custom, award & recognition program and travel event sales with annual revenue of $55M.• Managed accounting team to complete month-end and year-end accounting close and account reconciliations.• Collaborated with manager on staffing requirements, interviews, performance… Show more Responsible for analyzing new business, existing operations and accounting procedures to deliver compliant, accurate and timely financial information for a subsidiary engaged in retail, wholesale, e-commerce, custom, award & recognition program and travel event sales with annual revenue of $55M.• Managed accounting team to complete month-end and year-end accounting close and account reconciliations.• Collaborated with manager on staffing requirements, interviews, performance reviews; wrote job requisitions. • Analyzed and documented transaction data flows from end to end to verify accounting accuracy. • Collaborated with operations functional areas to develop and refine policies, procedures and controls. • Initiated accounting process improvements, system modifications & development of new tools & controls. • Collaborated with IT and system vendors to modify systems to resolve system issues or add functionality or system controls.• Maintained and set up chart of accounts, general ledger, financial statement reports; point of sale accounting & inventory functions• Recorded non-recurring transactions; reviewed & approved journal entries & key balance sheet reconciliations.• Processed wholesale billing; developed credit policy, credit check and collection procedures to reduce aged receivables.• Responded to internal and external auditors. Show less

Finance Operations & Process Lead (Accounting Manager)

Responsible for managing the full accounting cycle through month-end and year-end close, preparation and analysis of financial statements and account reconciliations to meet deadlines; leading the accounting team that included financial accounting, accounts payable and accounts receivable for a subsidiary engaged in retail, wholesale, e-commerce, custom, award & recognition program and travel event sales with annual revenue of $50M.• Built an accounting team from three to seven heads to… Show more Responsible for managing the full accounting cycle through month-end and year-end close, preparation and analysis of financial statements and account reconciliations to meet deadlines; leading the accounting team that included financial accounting, accounts payable and accounts receivable for a subsidiary engaged in retail, wholesale, e-commerce, custom, award & recognition program and travel event sales with annual revenue of $50M.• Built an accounting team from three to seven heads to accommodate 200%+ sales growth in a single year.• Integrated the accounts payable and accounts receivable/billing functions into the accounting department.• Collaborated with all functional areas as needed to develop and refine policies, procedures, processes and controls for existing and new business requirements to deliver accurate and timely financial information.• Initiated development and wrote requirements for an Access data base to monitor and track production status.• Reduced month-end close to the one day deadline and reduced the reconciliation process by seven days by balancing workloads, matching skills to tasks, cross training, standardizing journal entry templates and procedures to simplify tasks to expedite training, work review and approval.• Initiated accounting process improvements, system modifications, development of new tools & controls. • Analyzed and documented transaction data flows from end to end to verify accounting accuracy.• Maintained chart of accounts, general ledger & financial statement report set up and point-of-sale accounting function set up.• Prepared, reviewed and approved journal entries and account reconciliations. Show less

Senior Financial Accountant

Responsible for executing the full accounting cycle for a rapidly growing subsidiary engaged in retail, wholesale, e-commerce, custom, and travel event sales with annual revenue of $15M.• Recorded journal entries; account reconciliation; month-end and year-end close; financial statement preparation and analysis.• Maintained chart of accounts, general ledger & financial statement reports and point-of-sale accounting function set up.• Developed and documented accounting… Show more Responsible for executing the full accounting cycle for a rapidly growing subsidiary engaged in retail, wholesale, e-commerce, custom, and travel event sales with annual revenue of $15M.• Recorded journal entries; account reconciliation; month-end and year-end close; financial statement preparation and analysis.• Maintained chart of accounts, general ledger & financial statement reports and point-of-sale accounting function set up.• Developed and documented accounting procedures and instructions; initiated and implemented process improvement.• Identified and corrected operational and accounting procedures that resulted in accounting errors that overstated costs.• Collaborated on team including management and all functional areas to identify and implement requirements for a complex, new business model acquisition, for which no one had any prior experience, that would double sales the first year; researched and provided direction on requirements to support accurate and timely accounting; developed & documented procedures, trained staff and wrote working instructions for accounting and other functional areas as needed.• Supported a Boeing enterprise accounting system development project as the subsidiary’s accounting subject matter expert by providing requirements, authoring Macroscope documents, testing and implementing the subsidiary’s system set up. Show less

Sales Accounting Lead / Defense And Space

• Acted as liaison between sales accounting and program management and accounting.• Initiated & implemented a collection process to recover multi-million dollar aged receivables that reduced receivable balances and improved receivables turnover in the long term; monitored aged receivables and reported to operations management.• Implemented and performed credit check procedure for domestic and international wholesale parts customers.• Set up contracts in the billing… Show more • Acted as liaison between sales accounting and program management and accounting.• Initiated & implemented a collection process to recover multi-million dollar aged receivables that reduced receivable balances and improved receivables turnover in the long term; monitored aged receivables and reported to operations management.• Implemented and performed credit check procedure for domestic and international wholesale parts customers.• Set up contracts in the billing system per contract terms.• Billed the U.S. Department of Defense (DOD) in compliance with the Federal Acquisition Regulations (FAR).• Interfaced with the Defense Contract Audit Agency (DCAA) auditors and participated in a DCAA audit.• Selected to be trained and perform testing on a new enterprise billing system, trained the team and provided ongoing support. Show less

(2 Of 2) Financial Accountant

Responsible for various financial accounting tasks and accounting for land sales and receivables for timber harvest operations for seven divisions with combined expenditures of $100M.• Prepared, filed and accounted for B&O tax, timber excise tax, property tax, and business licenses.• Prepared journal entries and accruals for overhead cost allocations and exchange and purchase transactions.• Wrote capital asset purchase & release requests, maintained fixed asset system… Show more Responsible for various financial accounting tasks and accounting for land sales and receivables for timber harvest operations for seven divisions with combined expenditures of $100M.• Prepared, filed and accounted for B&O tax, timber excise tax, property tax, and business licenses.• Prepared journal entries and accruals for overhead cost allocations and exchange and purchase transactions.• Wrote capital asset purchase & release requests, maintained fixed asset system, recorded journal entries for fixed asset activity.• Reconciled bank and other GL accounts and researched discrepancies.• Reviewed and approved journal entries and reconciliations.• Zero balance and standard bank reconciliations.• Calculated amortization schedules and interest income on land sales; set up loans in the A/R subsidiary ledger; posted payments; reconciled the subsidiary ledger to the general ledger; recorded real estate sales and interest income. Show less

Production Accountant

Responsible for the accounting of timber harvest operations for seven divisions with combined expenditures of $100M with indirect supervision authority for staff of two.• Reviewed contracts to determine appropriate accounting treatment.• Analyzed production related balance sheet and income statement accounts.• Recorded inventory purchases, value adjustments, reserves, supplier advances, contractor payments, amortized production costs; calculated, analyzed and modified… Show more Responsible for the accounting of timber harvest operations for seven divisions with combined expenditures of $100M with indirect supervision authority for staff of two.• Reviewed contracts to determine appropriate accounting treatment.• Analyzed production related balance sheet and income statement accounts.• Recorded inventory purchases, value adjustments, reserves, supplier advances, contractor payments, amortized production costs; calculated, analyzed and modified depletion and allocation rates for direct and indirect costs.• Resolved technical or complex production system processing problems and performed production system month-end close. Show less

Bachelor Of Arts In Business Administration With Accounting, Accounting

Associate In Science Degree, Business Administration And Associate In Arts & Sciences Degree, Business And Design

Activities and Societies: Phi Theta Kappa, Student Government -Dean's Honor Roll - Bellevue Community College for all quarters attended.