Troy E. Combs Email & Phone Number

Salt Lake City, Ut, Us

Greater Salt Lake City Area

1) Responsible for the preparation, analysis and reconciliation of 150 Domestic and International statements of operations and ledgers on a monthly basis using Oracle reporting tools. Ensure the all international accounting procedures are being met and coordinate with the Area Office and Controllers when problems occur. 2) Approve and authorize all International payments, losses, reimbursements and journal corrections and ensure compliance with generally accepted accounting… Show more 1) Responsible for the preparation, analysis and reconciliation of 150 Domestic and International statements of operations and ledgers on a monthly basis using Oracle reporting tools. Ensure the all international accounting procedures are being met and coordinate with the Area Office and Controllers when problems occur. 2) Approve and authorize all International payments, losses, reimbursements and journal corrections and ensure compliance with generally accepted accounting principles. Provide back-up support to Division Controller in administering the disbursing function by ensuring adequate controls are in place for the payment of claims, insurance premiums and other Risk Management expenditures. Verify and approve RM Division invoices; process wire and check disbursement requests to be paid through Church Accounts Payable.3) Perform a quarterly variance analysis of Domestic and International general ledger accounts. Compare year to year totals and review large variances and provide explanation to Department Controller. Provide a five year variance analysis to help in identifying trends in the areas of premium payments on insurance lines, claim loss history for each insurance line, legal payments paid, professional and adjusting services and income received.4) Create preliminary budgeting information for yearly self-insurance budget. Generate a report that identifies the previous 10 years of expenditures paid by each of the six Church Programs and Affiliate entities. Create spreadsheets to identify the changes in expenditures and calculate the percentage of total losses by each of the eight coverage lines and corresponding Church Program. Coordinate with the Division Controller and determine the annual projected budget expenditures by coverage line Show less

Ogden, Utah

1) Responsible for month-end close and preparing monthly financial statements for Blue Star Battery Systems, Utah and five individual branches throughout Utah and Idaho. Approve all accounting entries and ensure compliance with generally accepted accounting principles. Ensure proper coding of transactions to the general ledger and make corrections as needed. Identify trends and coordinate with the owner of the company on actions that may need to be taken.  2) Responsible for monthly… Show more 1) Responsible for month-end close and preparing monthly financial statements for Blue Star Battery Systems, Utah and five individual branches throughout Utah and Idaho. Approve all accounting entries and ensure compliance with generally accepted accounting principles. Ensure proper coding of transactions to the general ledger and make corrections as needed. Identify trends and coordinate with the owner of the company on actions that may need to be taken.  2) Responsible for monthly bank reconciliation. Coordinate with the banking institution on corrective actions if needed. Report to owner with concerns with cash flow or abnormal banking activity. Generate daily cash statement for administration and the five individual branches. 3) Responsible for the internal audit of all financial statements and transactions for the preceding fiscal year due to poor accounting practices and suspected defalcation of company funds. Reported findings to owner and the CPA firm responsible for filing yearly returns. Made corrections when possible and noted financial statements with findings. Implemented updated accounting procedures and processes to assist in the better control of financial transactions.4) Created budget forecast for Blue Star Battery Systems, Utah for the 1999-2000 fiscal years. Used 5 year average along with future sales projections to obtain preliminary information. Created preliminary report and submitted budget to owner for approval. Once approval was obtained the final budget was sent on to Corporate office for final approval. After final approval was obtained, budget was entered into budget system for tracking.5) Supervised the accounting clerks and operations of Accounts Payable and Accounts Receivable. Reviewed and passed on to the owner all transactions needing approval. Show less

Sandy, Utah

1) Manage 1652 customer accounts in Accounts Receivables, which includes invoicing, data entry and reconciling. Reduced outstanding Accounts Receivable balance from $3.5 million to $1.2 million through collections and identification of bad debt in a 4-month period and have kept balance in range set by executive committee. Responsible for the timely collection of all accounts in Accounts Receivable in which collection goals have been met or exceeded since November 1998. Implemented policies… Show more 1) Manage 1652 customer accounts in Accounts Receivables, which includes invoicing, data entry and reconciling. Reduced outstanding Accounts Receivable balance from $3.5 million to $1.2 million through collections and identification of bad debt in a 4-month period and have kept balance in range set by executive committee. Responsible for the timely collection of all accounts in Accounts Receivable in which collection goals have been met or exceeded since November 1998. Implemented policies and procedures for Accounts Receivable and Collections.2) Responsible for management and reconciliation of various general ledger accounts, which include Accounts Receivable, Sales, Cost of Goods Sold and all expense accounts. Assisted in the creation and reliability of company financial statements with main responsibility being the Income Statement. Created and maintain all financial statement and budgeting templates in company’s accounting system. Assist in departmental budget forecasting and the maintaining actual to budget reports. Create and maintain weekly Sales & Channel report to be distributed to upper management. Show less

Roy, Utah

1) Responsible for the monitoring, analysis, reconciling and reporting of capital projects (CIP), capital assets and fixed assets accounts for Iomega’s worldwide operations, which included five locations. Responsible units provided preliminary capital project requests, which were reviewed and then passed on to the Manager of the Department for approval. Once approved, projects were entered into the tracking system. All expenditure requests were reviewed for accuracy, validity and to ensure… Show more 1) Responsible for the monitoring, analysis, reconciling and reporting of capital projects (CIP), capital assets and fixed assets accounts for Iomega’s worldwide operations, which included five locations. Responsible units provided preliminary capital project requests, which were reviewed and then passed on to the Manager of the Department for approval. Once approved, projects were entered into the tracking system. All expenditure requests were reviewed for accuracy, validity and to ensure that cost forecasts were kept in line with estimates. Responsible for notifying responsible parties for cost over runs and making sure all procedures for an increase in funding were met before approving future expenditures.2) Responsible for the tagging of all capital and fixed assets and maintaining a journal showing where each asset was located in Utah, California and Malaysia. Responsible for reporting fixed assets depreciation expense on a monthly, quarterly and yearly basis to Department Manager. Responsible for the retirement of Iomega’s fixed assets when fully depreciated. Assisted in project planning and cost analysis of capital projects. Show less

Master Of Business Administration (M.B.A.), Business Administration And Management, General, 3.8

Bachelor Of Science (Bs), Accounting, 3.4

Worked full time and helped raise a family when I wasn't at school.