Karen Vandervliet, Cpa, Mba Email & Phone Number

Houston, Texas, United States

Houston, Texas, United States

Bridgepoint Consulting, an Addison Group Company, is a leading management consulting firmproviding advisory services that help organizations optimize financial operations and technologyutilization while mitigating risks. Whether a company needs assistance with strategy, processimprovement, technology or regulatory compliance—or simply has resource gaps, our team ofprofessionals deliver measurable results. Learn more at www.bridgepointconsulting.com.

Houston, Texas

Lead team of Finance professionals to meet the accuracy and timeliness deadlines of month end close process.Define deadlines and create formalized reconciliation processes.Oversee day-to-day accounting; month, quarter and year-end closes.Prepare monthly financial reporting package for CFO and board members.Research and implement new GAAP pronouncements as new accounting requirements arise. Recent implementations include ASC606 revenue recognition new standard and preparation work for ASC842 new lease accounting standards.Coordinate annual year-end audit with Ernst & Young and prepare annual financial statements with footnote disclosures.Collaborate with M&A team on activities including preparation of purchase price accounting entries, integration of acquired company into Logix and document processes related to M&A.Oversee commission process for sales teams including; conversion to new commissions system, from internally developed system to cloud based tool, which allows sales organization to see real-time data for improved visibility and performance. Prepare monthly/quarterly/annual tax and regulatory filings.Create and implement financial policies and procedures designed to identify and resolve accounting process issues. Manage process improvements to make the close and reporting processes more efficient and accurate.Safeguard assets and assure accurate and timely recording of transactions by enforcement of internal controls.

Richmond, Texas, United States

Oversee accounting for over 35 retail pharmacies.Manage yearly audit, including thorough review and cleanup of 2013 books. The prior year review decreased the amount of auditors time required and reduced billed fees by 30%. The external auditors had left the engagement prior to my arrival as the books and records were un-auditable. Developed and maintained accounting rigor for principles, practices and procedures to ensure accurate and timely internal and external reporting.Created review process for balance sheet reconciliations. Including preparation of all balance sheet account reconciliations, were not completed in past, followed by proper review and sign off. Cash Forecasting and treasury management.Review of monthly financials and provide fluctuation analysis.

Successfully transitioned the accounting team from Dallas office to Houston by hiring, training new Houston team. Completed transition was ahead of schedule and saved $15K in travel costs.Prepared and posted journal entries for the two largest expenses of the Company, Demonstration labor and commissions for makeup artists and returns, for the month end close process.Prepare annual budget and quarterly forecasts.Analyze costs and make recommendations for cost savings. In year 2013, recommendation to eliminate temporary labor which saved the Company approximately $800K annually.Prepare balance sheet reconciliations.Manage Accounts Receivable including bad debt reserve entry, A/R Aging, reducing the DSO by 5 days, and monitored collections.

Houston, Texas Area

Oversaw the monthly close process for the corporate ledger in Great Plains, including review of journal entries and preparation of journal entries relating to debt, equity, tax accruals, and swaps.Prepared cash flow, equity roll forward, and debt schedules on a monthly basis, ensuring monthly board report was correct.Prepared an annual budget and quarterly forecast for corporate departments, collaborating with functional department heads to understand their respective department goals and requirements.Oversaw year-end audit by ensuring distribution of all PBC items to external auditor team on a timely basis and be point person for auditors when questions arise. Completed audit below forecasted hours/cost and ahead of schedule due to effective communication with auditor team.Led accounting staff in preparing Sarbanes Oxley requirements.

Oversee the monthly close process for five ledgers in SAP, which includes reviewing journal entries and preparing journal entries relating to cash, debt, equity, tax accruals, and employee benefits.Prepare monthly reconciliations for debt; stock based compensation; and accruals.Review and analyze monthly balance sheet for possible re-class items and to ensure proper statement. Complete a quarterly trend analysis as it relates to corporate balance sheet and income statement. Provide fluctuations for any items with a variance over 500k. Analyze trend and prepare a monthly budget that forecasts a year out. Prepare a quarterly equity roll forward schedule that is disclosed in the 10K/10Q reports.Oversee intercompany billings and review intercompany balancing reports.Provide assistance to auditors by responding to their requests in a timely manner, thus allowing the audit to flow smoothly. Train employees on SAP shortcuts and best practices.Supervise a staff of five.

Operational Accounting and Cash Management/AR)Managed the monthly close process for operational accounting for the Texas Mud business, which is $75 million annually. This includes reviewing and approving journal entries, preparing high difficulty entries, and ensuring deadlines are met.Review and analyze financial statements for possible re-class entries and fluctuation analysis, thus providing assurance the numbers are correct.Successfully transitioned the operational accounting for the Austin office to the Houston office, which increased efficiencies in the close process and saved the Company money. Managed the Sarbanes Oxley Audit for the revenue process. This included documentation of the processes before the audit and each year noting any changes in current processes, gathering the information, and being the point of contact when the auditors arrive. Subject matter expert for the Oracle Financials conversion relating to revenue. This allowed the conversion team to understand fully the business processes and ensured current revenues to be reflected correctly.Assisted with the quarterly and yearly audit with external auditors by providing balance sheet reconciliations and other PBC's.Worked with the Regional Vice President of Texas Mud's on special projects, such as recommending cost cutting measures and revenue trends.Prepared and finalized the yearly budget for the Houston region which grosses $60 million in revenue yearly. Reviewed and approved AP invoices relating to operational accounting.Managed a staff of up to sixteen subordinates in various areas such as Accounts Payable, Purchasing, Operational Accountants, and Accounts Receivable.Critical team member of the conversion of Adjutant to SWIMS as relating to revenue, service orders, and purchasing.Worked with various levels of management from the Controller to the CFO.

Functioned as an outsourced Controller to various clients, which includes activities such as bookkeeping to cash flow management and other various general ledger reconciliations.Conducted due diligence for clients who are looking to purchase another Company to ensure the numbers are fairly stated. This includes reviewing the Balance sheet and Income Statements and testing the material numbers.Performed review and compilation engagements for clients in various industries. This entails heavy balance sheet reconciliations and drafting financials with note disclosures in accordance with U.S. Generally Accepted Accounting Principles (GAAP).Documented client policies and procedures for internal controls and assist in modification of controls and monitor the compliance of such.Performed "cleanup" of client's books in accordance with GAAP, which allows the client to generate financials internally for monthly reporting requirements to a financial institution. Committee member of the Staff Advisory Board, which allows fellow employees to voice concerns in a safe environment, and devised solutions to the issues presented to the Board.

Perform weekly General Ledger Analysis along with booking weekly entries in SAP.Assist with Capital Budgeting process to ensure projects are completed timely and within budget.Prepare a weekly P & L statement; analyze financial data above or under goal for the week.Supervise the office staff ensuring all duties are performed accurately and efficiently.Perform week-end, quarter-end, and year-end closing activities.Run costing within SAP and analyze the results.

B.A, Business Administration And Accounting Information Systems, 3.59

Masters; Mba, Business Administration, 3.9