Joseph Bonelli Email & Phone Number

New York, NY, US

Responsible for managing the accounting operations and month-end close for the CBS Television Stations Headquarters Accounting Department.

Minneapolis, MN, US

• Consolidated worldwide monthly results and prepared financial statements in accordance with GAAP.
• Developed, communicated, and monitored worldwide month-end close. Established and enforced necessary controls to ensure timely and accurate reporting.
• Coordinated general ledger administration ensuring proper accounting unit set-up and consolidation of financial information.
• Supervised the review of worldwide trial balance to ensure accurate and consistent accounting.
• Completed quarterly review of worldwide internal controls ensuring accurate financial disclosure as required by Sarbanes-Oxley Section 302.
• Managed corporate fixed assets through the tracking of annual capital expenditures ($3 million), dispositions, calculation of monthly depreciation, and system maintenance.

Minneapolis, MN, US

• Supported the Director of Accounting in the execution of financial accounting tasks, including the worldwide month-end close, preparation of financial reports, and variance analysis.
• Supervised two Staff Accountants performing monthly accounting functions, such as, accruals and adjusting entries, account analysis, fixed asset management, Travel and Cash accounting, Accounts Receivable and Payables..
• Increased collection of Accounts Receivable by 15% through the automation of the billing process.
• Improved efficiency and effectiveness of month-end accruals and inter-account transfers by 40% through the drafting of policies and procedures. Conducted training seminars educating pyramid heads and their teams on the.
• Led a team in the implementation of a Year-2000 compliant general ledger system six-months ahead of schedule.

Minneapolis, MN, US

• Prepared monthly balance sheet account reconciliations and analyses.
• Executed all aspects of fixed assets management, including recording new additions in database, calculation of monthly depreciation, and preparation of annual tax depreciation calculation (MACRS) required for corporate.
• Recorded daily cash receipts received from our clients posted to our bank account.
• Performed worldwide general ledger account maintenance through the creation of necessary parent and subordinate relationships to ensure reporting integrity across all structures.
• Supervised the Accounting Clerk ensuring accurate and efficient input of journal entries, and the distribution of monthly financial reports. Key Accomplishments:
• Saved $50,000 in cost annually through the completion of the tax depreciation calculation schedules.

Minneapolis, MN, US

• Oversaw timely payments to vendors, resolution of invoice disputes, and the reconciliation of relevant accounts.