Terence Holt Email & Phone Number

Knoxville, Tn

Controller - January 2020-PresentOversee month-end close process and prepared financial reports and projections. Senior Staff Accountant - July 2018-Dec 2019Assisted with month-end close process and prepared financial reports. Lead staff accountants and oversee cost reporting on multi-million dollar projects.Staff Accountant - July 2016-June 2018Assisted Senior Staff Accountant with month-end close processes and financial reports. Meticulously scrutinized expenses to ensure accuracy, reasonability, and remain within project budgets. Administered 70+ corporate credit card program on top of promptly reconciling bank and credit card statements. Maintained fixed assets ledger in addition to month-end journal entries.

Oak Ridge, Tn

Generate invoices to ensure the company receives payment for services based on the terms of signed contracts. Analyze and present unbilled reconciliations at monthly Working Capital Review meetings with cross-functional teams and upper management. Develop comprehensive training materials to reinforce quality and consistency of work among current and new team members. Train and mentor team members as well as review team’s invoices to make sure they reflect contract terms as well as meet defined company procedures.Key Accomplishments:• Retrieved substantial revenue by analyzing over $3 Million in unbilled costs on a design/build program and pooled resources with the project controller as well as the Accounts Payable, Requisitions, and Subcontract departments to confirm and resolve the issue.• Achieved essentially 100% invoice approval through peer review, exceeding the department’s 85% goal.

Knoxville, Tn

Meticulously scrutinized expenses to ensure accuracy, reasonability, and remain within project budgets. Administered accounts payable payments and weekly cash reports on top of promptly reconciling credit card statements and general ledger accounts. Created amortization schedules in addition to month-end journal entries. Completed bank deposits in addition to maintaining the petty and production cash funds.Key Accomplishments:• Promoted to Staff Accountant in only six months by consistently maintaining high standards of accuracy and efficiency.

Saic - Oak Ridge, Tn

Ensured accurate and on time preparation of invoices based on government approval standards. Analyzed contracts as well as other necessary documents to confirm alignment with billing. Used Wide Area Workflow (WAWF) and Invoice Processing Platform (IPP) to monitor government invoice approval and payment status. Reconciled MOCAS and vendor pay information to billing invoice data on DFAS contracts.Key Accomplishments:• Recouped lost revenue and brought bills current on four key contracts by proactively pinpointing and resolving unpaid bills.

Knoxville, Tn

Directed the employee health benefit and retirement plans. Executed monthly closing process encompassing bank reconciliations, journal entry posts, general ledger reconciliations, filing sales tax, and producing financial statements. Oversaw daily activities of the Accounting Clerk, Billing Clerk, and the Purchasing Clerk. Executed all A/P functions, including three-way matching, approving bills, posting bills, and issuing checks. Meticulously maintained personnel files in addition to processing payroll by calculating wages, deductions, and withholdings as well as issuing checks and preparing tax forms.Key Accomplishments:• Brought the formerly outsourced report function in-house, saving thousands of dollars in fees as well as minimizing processing time by allowing quick turnaround for reports.

Knoxville, Tn

Supervised all sales, accounting, warehousing, and marketing functions. Developed and implemented standard operating procedures for start-up company.Key Accomplishments:• Spearheaded sales effort that increased annual sales by 300% over a two year period.