Jared Loftis Email & Phone Number

Menlo Park, CA, US

Redwood City, California, US

• Managed vendor analysis project to implement automated monthly subscription billing, reducing labor cost by over $25,000 per year
• Filed and reconciled sales, franchise, and income tax returns on a monthly/quarterly/annual basis across 40 states
• Oversaw PR/PO generation and approvals to maintain timely payables turnover
• Coordinated consistent accounting methodology between all 4 global subsidiaries, including billing, revenue recognition, PCI compliance, and inventory reconciliation
• Collaborated with sales team to ensure customer satisfaction, timely commissions payouts, efficient order to cash process, and ASC 606 compliance
• Built and maintained month end internal audit and metrics reports for management, including cash spend, sales metrics, inventory analysis, and customer reconciliation

• Ensured and responsible for proper accounting procedures and compliance with GAAP in financial statements, realized through internal audits
• Implemented workflows by creating SOPs, training relevant employees, and monitored SOP compliance and effectiveness
• Lead updating and refining outdated accounting workflows to increase efficiency
• Transitioned to paperless A/R and A/P processes reducing paper expenditure by $2,500/year
• Automated Dunning process reducing DSO by 10 days, tying A/R to CRM, and reducing manual effort by ~3 hours/week
• Consulted with residing controller to assess financial statements, leading to a reduction in yearly variances of $350,000 on income statement

Irving, TX, US

• Oversaw over 1000 Seven Eleven storefront fuel inventories, cataloguing discrepancies and issuing corrections in ERP, eliminating variances of up to $50,000 and solving in-store measurement issues
• Consulted with team leads to produce reports for management, such as tracking inventory data for future workflow improvements
• Posted end of month journal entries to record discrepancies in fuel level

• Analyzed operating and capital aircraft leases to properly record contractual obligations in newly implemented ERP system
• Communicated with leadership to discuss and properly record leases in accordance with the ASC 846 standards update
• Performed in depth testing of data entries, checking validity, amount, and allocation of previously registered leasing information

Denton, Texas, US

• Managed 2 other employees during shifts by organizing tasks in kitchen
• Developed time management skills by creating multiple dishes at once, serving over 300 customers daily
• Interacted with vendors to purchase locally sourced ingredients

Memphis, TN, US

• Recorded Inventory of laboratory, making entries into inventory logs and ordering new supplies
• Ensured safety of the facility’s product by testing for unsafe levels of 2 different types of mycotoxins in incoming truckloads of corn
• Trained others in lab procedure involving instrument maintenance, testing procedure, and created a step by step procedure guide for future employees