Sarah Farrow Email & Phone Number

Saint Paul, Mn, Us

Minneapolis, Minnesota, United States

Responsible for identifying and implementing Deposit Services processes to maintain secure and accurate controls including monthly accounting close. Create partnerships with Digital Payment team, Call Center Support team, Treasury, and external partners to understand and resolve Deposit Services issues. Generate system reporting projecting monthly volume calculation forecast.

Applied and maintained accounting principles, practices, and procedures for non-integrated distributors. Key accounting support in due diligence process with Small Business acquisitions and divestitures. Ensured accurate and complete monthly close per GAAP accounting for thirteen non-integrated distributors. Maintained partnerships with staff across the country providing operational and technical accounting support and guidance. Trained and supervised staff; developed two employees to move into promotions within company. Provided detailed reports for both acquisitions and divestures throughout tight timelines.

Minneapolis, Mn

Managed vendor income financial operations and accounting functions. Accountable for collection and application of $4B in annual vendor income. Handled talent within supervising team, delegating tasks, driving process improvements and project management. Ensured incoming vendor (promotional) payments for vendor income was timely and accurately applied to margin. Created operational, process improvements to vendor income systems. Utilized Microsoft Office applications, SAP for financial reporting, Target's CNA/ VIP, and Partners Online.

Minneapolis, Mn

Generated operational and financial functions to ensure timely and accurate payments to vendors. Managed team processing 31M invoices totaling $42B in annual payments to over 12K vendors including managing indirect reporting with cross-functional team members located in Bangalore, India.Completed vendor analysis, specifically on healthcare and electronic vendors, increasing match rate and reducing manually worked invoices. Expedited timely and effective vendor payment issue resolution by providing excellent partnership. Executed financial searches utilizing SAP for payment details and Partners Online for vendor support.

Minneapolis, Mn

Led team (3) actively partnering with 100+ vendors each month to collect open balances >$100. Influenced and provided guidance to internal partners regarding dollar holds as a prevention measure against debit balances. Minimized total domestic debit balances & import claims over time by focusing on global opportunities and developing preventative strategies and collection processes for all departments. Created monthly dashboard reporting for upper management, highlighting large financial findings and strategic vendors’ balances. Liaised with Legal on vendor garnishments, bankruptcies, and recalled product and headed large product recall which claimed $2M in financial debit balance.

Minneapolis, Mn

Executed accuracy of monthly and quarterly reporting schedules and reconciliations for fixed assets, including land acquisitions, buildings, and fixtures. Maintained key-control reconciliations which include AC-14, FA-GL reconciliation, and System Balancing, supporting upper-management decision making and delivering key insights for annual report. Completed monthly reconciliations, balancing systems, and confirming accuracy across all fixed assets systems.

Minneapolis, Mn

Managed audit process for new and remodeled stores and HQ projects. Communicated budgets and compliance findings with construction contractors and management. Completed audit process of 200+ project pay applications, realizing findings exceeding $3M. Created training documentation and process flow map, training new hires on audit process.

Mini Mba, Business Administration And Management, General

Completion date of June 12, 2015

Bachelor Of Arts (Ba), Accounting