Karen Eckhardt Email & Phone Number

Plainfield, Il, Us

Montgomery, Illinois

Morris, Il

•Assists in preparing and maintaining the general ledger, including recording, balancing, and reporting revenues/receipts, expenditures and fixed assets•Maintains Foundation records, including reviewing all items entered into QuickBooks, completing journal entries for bank statement items and preparing Foundation financial statements. Checks for accuracy and makes adjustments as needed•Completes majority of the journal entries and balance sheet reconciliations during the monthly close•Exceeds expectations in customer service and working with others•Introduced the use of PDF files that managers use and retain electronically in the budget process, resulting in significant reductions in paper costs•Researches and writes up adjusting journal entries as needed and enters all journal entries into Meditech•Compiles management and Meditech reports and completes the Statement of Cash Flow report before reconciling•Completes all miscellaneous Accounts Receivable billings, monitors incoming payments and finalizes compliance reports•Assists managers with questions related to their budgets, works on the FTE budget and inputs budgets into Meditech in a timely manner•Other responsibilities include assisting with the annual audit, supporting accounts payable when needed and cross-training in payroll to provide full backup

Greater Chicago Area

Provided regulatory compliance support to Northern Trust• Submitted data necessary to meet reporting requirements for capital allocation and Basel compliance• Assisted the Controller and Assistant Controller in generating necessary supporting documentation for Audit inquires • Assisted Norlease management with the residual review, annual review reports, and the annual budget as assigned by the Controller• Prepared the Gap Funding Report used to manage interest rate riskPlayed a key role in providing complete and accurate financial statement information to management• Completed monthly general ledger reconciliations for balance sheet and income statement accounts in a condensed closing environment• Prepared accurate monthly accruals for loans, leases, and borrowed funds, prepare and post entries to the general ledger and reconcile any differences• Issued all Cash Disbursements by obtaining required approvals and initiating wires, ACH’s and checks• Provided back up for the accounts receivable position • Generated end-of-term and early buyout loan and lease payoff calculationsMaintained effective data processing capabilities• Assisted in maintaining the LMS system and the accounting accuracy of the $1.4 billion lease and loan portfolio• Maintained working relationship with IT staff and communicated all system inquiries and problems to the IT staff and Norlease Controller immediately if significant risk of any type arose• Assisted Operations staff in testing, analyzing, and installing new LMS software releases within project timelines• Worked with new lease accounting software vendor to test and install new LMS releases• Worked closely with Leasing Consultant, providing (1) key information and systems support for sale of the portfolio and (2) system design and conversion assistance to maintain the remaining portfolio

Greater Chicago Area

Greater Chicago Area

Oak Lawn, Il

Reconciliation and verification of proper reporting of principal and interest to Government National Mortgage Association and the Federal National Mortgage Association.Monthly bank account and general ledger reconciliation's.Process mortgage loan closing packages and maintain the mortgage loan portfolio.Cross trained in Accounts Payable.

Lisle, Il

Reviewed daily all accounts in the guest ledger, resolving outstanding balances as necessary to ensure that established collection procedures were followed.Posted charges, adjustments, payments and researched billing inquires. Also processed credit applications as received.Cross trained in Accounts Payable and with the Staff Accountant on Cash Drop Log and Accounting Tip Report.

Lisle, Il

Performed daily auditing functions for Front Desk, Banquets, Restaurant and Lounge outlets.Computed and verified the daily income of the Conference Center and assured that charges to guest accounts were correct and in balance.

Bachelor'S Degree, Accounting And Business/Management

Associate'S Degree, Business Administration