Eugene Mathern

Experience

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  GATX Technology Services

  Jan 1994 - Jan 1998

  Sr. Accountant (2001-'04); Lease Accountant/Staff Accountant (1999-'01): Lease Accountant ('94-'98)

  Developed and maintained the general ledger operations, on-going training, and management of 5 employees, improving the accounting processes of leases at inception and maturity.• Executed and documented testing after implementation of new software system vastly improving efficiency/accuracy by 25%. • Reduced time to evaluate lease maturities from 60 - 30 minutes, saving ~$40K per year in payroll costs• Created an effective audit checklist for the accurate accounting of 4K leases to verify the accuracy of all pertinent lease data entered into the system resulting in 100% accuracy• Trained new accounting manager and 2 staff accountants during personnel changes; and met existing monthly deadlines• Prepared reconciliations of the critical general ledger accounts, identifying and correcting errors, writing evaluations of reported results while reducing the time to complete by 40% • Developed informational training sessions and guidelines between departments, increasing awareness of function of accounting department, eliminating confusion and reducing errors by 25%• Tested leases per Federal Accounting Standards Board #13 to determine proper classification as operating, finance, or sales type leases working with management to implement all 4 tests• Managed all accounting for U.S. partnership taken over from partner at midstream, improving communications and data transfer Show less

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  MP Total Care/CCS Medical

  Jan 2005 - Jan 2007

  Sr. Accountant

  • Prepared monthly financial statements, review AP account coding, month-end account reconciliations, develop policies and procedures, and provide in-depth account analysis• Reduced time to complete the month-end payroll journal entry from 4 hours to less then half an hour leaving time to complete and analyze the workpapers• Organized time in order to meet the daily demands in completing the review of the cash accounts along with the review of the daily revenue report

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  Deutsche leasing USA

  Jan 2008 - Jan 2017

  VP of Accounting and Finance

  Recruited initally as Head of Accounting and Finance for purpose to set up accounting and tax department for this newly launched subsidiary of the German based Deutsche Leasing Group which is represented by around 2000 employees in over 20 Key responsibilites included: Managed all reporting to Deutsche Leasing Sparkassen AG (parent): initiate HBII reporting to consolidate quarterly and annual results to parent; created model reducing time to complete from 7 to 2 days; prepared Net Asset Valuation – quarterly report for parent company Initiated Treasury reporting to parent on a monthly basis– line of credit, amount available, short term vs. long term, and bank account balances; and handled HR reporting to parent on a monthly basis Oversaw all Government reporting requirements: oversaw FACTA-annual reporting of Foreign bank accounts; prepared quarterly and annual government reporting – statistics US federal Government; and quarterly government reporting – Statistics Canada Revenue Agency Handled Audit function: prepared the financials for audit – KPMG; prepared data for tax provision calculation – KPMG; Reconciled and prepared footnotes Tax preparation: Finalized the financials for preparation of taxes; Prepared Salt report – analysis by state for state percentages; Paid the state income and franchise taxes Supervised all Government Audits: IRS: Saved 300K on audit findings; and audit was judged clean after initial visit; State of Illinois; Property tax states; Sales tax audits – U.S; Sales tax audits – Canada; managed 2-3 audits a year – Input tax credit (ITC) always received ITC approval; initial returns looking at 100K to 200K CAD reimbursement; Recent returns September to November ITC approved – .5M-1M CAD; CRA – trust built on honest return. Reconciliations: initiated all recons related to Leasing; Accruals and deferrals; AR & AP; Cash and related items completed by staff accountant Implemented and integrated new software – Charisma Show less