Fixed Asset Assets

Kimberly Chulick

!SUMMARY Santa Monica, CA ***** 310-***-**** ad8y94@r.postjobfree.com

Highly skilled Accounting Professional with extensive experience in all facets of accounting cycle from review of original transactions, to posting journal entries, to financial statement preparation. Current expertise in Fixed Asset and Lease accounting.

Participated in numerous year-end/month end closings

Regularly met tight deadlines with complete accuracy

Extensive experience preparing for audits and interacting with auditors

Developed internal controls in adherence to SOX compliance

!PROFESSIONAL !99 Cents Trained Only and Stores BACKGROUND developed - Los Angeles, staff/senior CA accountants 2022-Present

• Manager, Fixed Assets and Lease Accounting

Responsible for the entire accounting and reporting process of fixed assets and lease accounts for 400 stores and real estate properties

Review and approve journal entries, account reconciliations, and audit schedules

Assist in implementation of ASC 842 lease accounting standard, including the implementation of new lease administration and accounting system

Assist with special projects and financial reporting as well as ensure compliance with GAAP and SOX requirements

Review all aspects of occupancy costs (rent, CAM, insurance) to make sure recorded correctly

Develop, implement, and maintain systems and procedures and policies to ensure adherence with internal controls

Responsible for process improvement through recommending efficient and effective

!American processes Golf Corporation – Los Angeles, CA 2015-2022

• Fixed Assets Manager

Responsible for the management of Fixed Asset System for 75 golf courses throughout the United States

Revised and reviewed fixed asset policy recommending updates to current policy in place

Ensure compliance to SOX and American Golf capitalization policies with respect to capitalization threshold and depreciation methods

Approve all authorization for expenditures ensuring adherence to capital expense budget

Participated in team which conducted asset verification counts at all golf courses and analyzed results

Review all asset estimated useful lives periodically

! Record fixed asset acquisitions, transfers, and dispositions Union Bank – Monterey Park, CA 2013-2014

• Fixed Assets Specialist Consultant

Assist VP of Property and Equipment with the management of Fixed Asset System during implementation and transition to PeopleSoft software, recommending any updates to accounting policies

Recorded fixed asset acquisitions, transfers, and dispositions

Ensured compliance to SOX and Union Bank capitalization policies with respect to capitalization threshold and depreciation methods

Tracked all fixed asset accounts including construction in progress and software development in process accounts and reconcile to general ledger monthly

Worked with corporate real estate group to resolve issues related to branch openings, closures, and other movements

!International Conducted Lease analyses Finance related Corporation to fixed assets – Los as requested Angeles, by CA management 1994 to 2012 Most recently specialized in Fixed Asset Accounting. Recorded purchases of assets from initial project stage to final stage of completion, tracking all costs incurred. Analyzed all gains and losses associated with sales/disposals of assets. Reviewed all company cash transactions. !Held the following positions, performing all duties associated with these positions:

• Accounting Manager - 2005 to 2011

Managed asset portfolio with net book value of approximately $50B.

Completed $2B sale of 52 commercial aircraft, recording and providing all sales calculations to buyer.

Recorded purchases of nearly 200 commercial aircraft (total cost >$10B).

Implemented and tested new depreciation system in Oracle increasing flexibility and reducing system margin of error by $10M annually.

Reduced processing/review time 50% for all cash transactions.

• Financial Analyst – 2002 to 2005

Assisted with budgeting and forecasting

Reviewed subsidiary companies and assisted in audit preparation of each company

Analyzed budget variances

Performed financial ratio analysis

Completed special projects as needed and researched historical information

• Senior Accountant – 1997 to 2002

Prepared financial statements and supporting schedules

Reconciled various balance sheet accounts

Maintained and balanced subsidiary accounts by verifying, posting, reconciling transactions; resolving discrepancies.

Assisted with financial and tax audits

Prepared and recorded asset, liability, revenue, and expenses entries by analyzing accounts

• Staff Accountant – 1994 to 1997

Prepared monthly journal entries

Reconciled all bank accounts

Computed monthly rental fees and billed customers accordingly

Corresponded with customers to resolve discrepancies and followed up on outstanding balances

! EDUCATION !

Bachelor of Business Administration in Accounting

Kent !TECHNICAL State University, SKILLS Kent, OH

Proficient in Oracle, PeopleSoft, Excel, SAP, JDEdwards, Word, and PowerPoint Excellent oral and written communication skills

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