Shannon Ely Email & Phone Number

Key Accountabilities:Financial Statement Management:• Assist in the company’s monthly and annual closing.• Maintain general ledger, including journal entries, & account reconciliation Tax Return Preparations/Filing:• Stay updated on changes in tax rates, laws, and regulations affecting sales & use tax for multiple states/jurisdictions.• Mange the preparation and filing of Sales and Use Tax Returns, process tax related assessments and payments.External Audit Preparation:• Coordinate and prepare documentation for external audits, ensuring accuracy and completeness.• Liaise with auditors to provide necessary support during audit procedures.General Accounting Tasks:• Assist in oversight of day-to-day accounting activities, including accounts payable, sales and use tax, and general ledger maintenance.• Reconcile accounts and resolve discrepancies to ensure accuracy.• Provide final review of all accounts payable transactions to ensure purchase reasonableness, adherence to company policy, data integrity, and regulatory compliance (use tax liability determination).• Oversee, maintain and review all company credit card accounts to ensure corporate compliance.• Overseeing the collection and maintenance of W9, Business Classification, and vendor banking databases.Team Leadership and Collaboration:• Provide guidance and knowledge to accounting staff.• Collaborate with cross-functional teams, including operations, human resources, and legal to achieve company goals and objectives.• Annual goal/work performance reviews for accounting staff.

Directing and managing the Indirect Tax, International teams. Reviewing and approving journal entries related to GST and VAT return filing & payment activities. Overseeing and reviewing indirect tax compliance requirements and filings for Fastenal Company subsidiaries. Leading indirect tax research, planning, analysis, and documentation activities; developing and enhancing International Indirect Tax related reconciliations. Design and manage the international invoicing data integration/government electronic invoices. Managing and processing monthly, quarterly, and annual close activities of the general ledger. Analyzing and reviewing financial and operational data.

Directing and supervising the daily activities of the Indirect Tax Department, US, overseeing the preparation and filing of Sales/Use tax & Personal Property returns along with processing of tax related assessments and payments.Overseeing external audits of various types of indirect tax, including the gathering, organizing, and analyzing of audit data, and working with auditors to drive favorable audit resolution. Builds a deep understanding of the end to end tax accounting work, owns the internal controls and processes within indirect tax; perform tax research and analysis of complex indirect tax issues.Planning, organizing, and supervising department activities to complete assigned tasks on time with a high level of accuracy. Analyzing and reviewing financial and operational data.

Winona, Mn

Responsible for leading and performing a variety of functions relating to indirect tax, which includes sales and use tax, personal property tax, and business licensing for domestic operations, as well as leading analytical and administrative projects. Leading daily activities and coaching staff on the Indirect Tax Department. Planning and organizing activities to complete assigned tasks on time with a high level of accuracy; overseeing the preparation and filing of domestic indirect tax returns, assessments, and payments. Designing and implementing procedures to reconcile various monthly, quarterly, and annual indirect tax filings, along with identifying and implementing procedural improvements to enhance efficiency. Performing research related to various indirect tax compliance requirements and keeping up-to-date on changes to these requirements. Analyzing and reviewing financial and operational data. Overseeing and coordinating external audits of various types of indirect tax, and analyzing audit data, and working with auditors to drive favorable audit resolution.

Managing external audits of Sales and Use Tax,; including gathering, organizing, and analyzing audit data, and working with auditors to drive audit resolution. Analytical review of financial and operational data within the Tax/Accounting Dept. Coordinating the preparation and filing of tax returns (sales and use tax, personal property tax, and business licenses) for domestic operations. In addition designing and implementing procedures to reconcile monthly, quarterly, and annual tax activity. Work thru discrepancies by assisting Fastenal stores, customers, and others with correct tax exemption requirements and other tax questions.

Winona, Mn

Effectively manage documents and accounts that are sensitive to customers by utilizing specific processes instilled by Wells Fargo for safety and security for all parties involved. Demonstrate exceptional customer service skills. Expert knowledge of SVP system utilized by personal bankers to analyze customers needs and develop proper account recommendations. Ability to grow and excel within the banking industry by establishing long term relationships with customers using teamwork and interpersonal skills.

Arcadia, Wi

Managed the entire import/export operations via airfreight. Negotiate rates and contract terms, ensuring rates paid for transportation services were competitive. Monitored carrier performance/KPI’s, identify root causes, take corrective action to reverse negative trends and maintain required service levels. Oversee fleet operations with our third-party contractors. Analyzed transportation operations to identify cost improvement opportunities. Address all US Customs & Border Protection (USCBP) inquiries, including, but not limited to statistical inquiries, fines & penalties, prior disclosures, & classification inquiries. Develops plans and strategies to optimize routes along with ensuring consistency and reliability of the delivery network. Traveled to multiple locations in Asia to understand the supply chain, set up new vendors in our database and trained overseas office staff in respective key areas across Asia. Managed the operations of International Accounting, including but not limited to ensuring accounts payable were paid in a timely manner, bank reconciliations for multiple accounts and entities, maintaining the chart of accounts and necessary journal entries, and reviewing the department budget. Actively involved & designed major process improvements, enforcing a documented system of policies and procedures, and maintaining controls over accounting transactions. Managed the calculated process for the entire import product line, ensuring landed costs and margins were favorable. Coordinated the collection of information for external auditors for the annual audit and US Customs audit. Prepared financial documents for the President/VP of Finance.

Help assist the attorneys, conducted intital interviews for divorce clients, gather information and prepare information for the attorneys to take to court.

Worked with multiple sales reps of different territories, audited bill of lading, and entered applicable credit memos into the system. Processed commissions for Vice Presidents

Encode the amount of the check/deposit ticket, balance daily transactions and misc book-keeping duties.