Jana Magnuson Email & Phone Number

APT Consulting LLC is helping businesses to succeed with their Accounting, People and Training needs. Anything from reconciliations, month-end closing, budget, ALM, efficiency improvements, to mergers and acquisition transitions and so much more with training employees along the way to better them in these areas.

Researching new business ideas and how to start my own businessPursuing personal interests

• In conjunction with Controller duties, led the Finance team through loan portfolio sale during a pandemic and company downsizing after the sale• Oversaw portfolio servicing for 5 months after sale• Responsible for private equity financing; cash flow management and forecasting

• Strategic leader for the finance and accounting operations including ALCO, financial reporting, audits, tax compliance and general accounting• Develop and document business processes and accounting policies/procedures to maintain and strengthen internal financial controls; • Supervisory support to the Accounting team; • Oversee all accounts, ledgers, and reporting systems ensuring compliance with US GAAP, perform accounting functions and coordinating month-end and year-end closing activities;• Prepare financial statements and various reports for internal and external parties; • Plan and implement accounting systems upgrades and its integration with other systems;• Coordinate all audit activities and the preparation of tax filings;• Manage outsourcing functions related to accounting (accounting and tax advisory)

• Oversee and direct budgeting, audit, tax, accounting, purchasing, real estate, insurance, disaster recovery, technology planning, ALM and technology infrastructure• Prepare financial reports, ensure complete and accurate financial, statistical and accounting records • Direct Accounting and IT departments• Direct investment activities as custodian of funds, securities and assets of the organization• Formulate and execute investment policy and prepare financial forecasts• Work with auditors and examiners on year-end and comprehensive audits• Implement and review risk managements and disaster recovery initiatives• Analyze department budgets and allocate operating budget• Oversee reporting to regulatory authorities and to Executive Management• Provide safekeeping, control and accounting for assets and securities• Direct preparation and evaluation of budgets and capital plans• Evaluate products, services and procedures and make recommendations to improve efficiency

Lenexa, Ks

August 2013-May 2015:• Actively participate with the members of the Executive Committee in the budgeting and strategic planning process• Serve as the principal technical adviser to management for all matters relating to Accounting/Finance and Payment systems• Prepare annual budget• Lead ALCO reporting and presentations • Responsible for the full investment portfolio• All of the duties listed belowJune 2011-August 2013:• Prepare financial reports; ensure complete/accurate financial, statistical, and accounting records of this $370+ million Credit Union• Administer supervisory support for the Accounting and Payment Systems staff to include: advising, counseling, discipline, conducting performance appraisals, ensuring adherence to defined policies• Part of ALCO • Responsible for part of the investment portfolio• Prepare Allowance for Loan Loss and Troubled Debt Restructuring analysis• Perform monthly comparisons to actual results• Prepare regulatory reports and file tax returns as required• Develop and maintain policies and procedures within areas of responsibility• Review new legislation and ensure compliance with regulatory requirements• Work with external auditors, state and federal examiners

• Responsible for Accounting, Budgeting, Forecasting, Regulatory Compliance and Disaster Recovery of a $100+ million financial institution• Serve as a member of Management staff and draft monthly reports for the Board of Directors and ALM Committee• Process month-end general ledger, consolidation and preparation of month-end reporting• Prepare yearly budgets and perform monthly comparisons to actual results• Develop and maintain procedures in all areas of the credit union • Assist the external auditors, CUNA Mutual examiner, state and NCUA examiners and communicate results and follow ups to the Board of Directors and Supervisory/Audit Committee• Responsible for system security and enhancing the core and supporting systems• Prepare and evaluate product and services cost analysis and efficiency improvements• Review new legislation and ensure compliance with regulatory requirements• Calculate and analyze Allowance for Loan Loss• Prepare all regulatory reports and file tax returns• Supervise and train the accounting department whose tasks are to review all accounting transactions, prepare financial statements and reconciliations according to GAAP, review internal control reports, process Accounts Payable and clearing house postings (ACH, check clearing, bill pay postings, POS postings, credit card postings, payroll postings)• Participated in two mergers as the main accounting contact

• Maintained the accuracy of the daily entries to the general ledger according to GAAP• Reconciled all general ledger accounts by examining vouchers and supporting financial documents• Responsible for all closing and adjusting entries for period end financial statements• Periodic internal control testing for the credit union – cash counts, loan reviews, tests recommended by external auditors• Trained as backup for all positions in the accounting department including Accounts Payable, corporate accounts postings and reconciliations and clearing house postings• Trained all new employees• Participated in two mergers as the main accounting contact

• Analyzed independent owner financial statements for annual publication of Credit Gold Crown Financial Ratios database• Analyzed royalty and third party payments for the International Credit Department• Prepared invoices for international licensees and consolidated their current information• Reported and analyzed licensing and royalties

Mba, Accounting And International Business

Bs, Accounting, Business Admin And Inf Systems