Herb Hoover

Experience

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  Colorado College

  Jan 2000 - Jan 2001

  General Ledger Analyst

  - Guided department chairpersons and support staff on resolving budget-related issues, use of Unidata (AS400) financial system, and appropriate use of donor-restricted funds- Prepared quarterly financial reports on plant funds and related capital projects for use by both internal and external parties- Established an aging chart and reconciliation process for all cash advances provided to faculty and staff, ensuring more timely collection of outstanding cash advances with improved reporting accuracy- Review, approve, and post to the GL for all departmental journal entries for entire college community- Closed monthly accounting periods and generated all monthly financial reports- Implemented internal controls related to departmental uses of restricted funds- Cleaned up balances in old capital project accounts to ensure all available funds for developing and/or maintaining campus properties were being fully utilized- Supervised accounting department student workers Show less

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  AGRI Grain Marketing, LLC (a Cargill joint-venture)

  Jan 2001 - Jan 2004

  Accounts Payable/Accounts Receivable

  - Process and settle truck, barge, and rail shipments of grain, which included reviewing grain certificates, contract terms (i.e. - FOB origin, DLVD destination), freight-related invoices, etc.- Monthly P&L review and adjustment on outstanding contracts- Reconciliation of various balance sheet accounts (i.e. - freight payable, prepaid expenses, etc)- Processing of daily deposits and wire transfers related to grain shipments/trades- General GL, A/P, and A/R duties using both JD Edwards and Lynx (Cargill system) Show less

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  City of Des Moines

  Nov 2004 - Jan 2008

  Accountant

  - Budgetary approval, preparation, and/or review of requisitions for City-owned golf courses- Preparation of financial projections and other ad hoc reports for presentation to City Council- Review and adjustment of GL accounts—reconciliation, adjusting entries, accruals, and other various journal entries as needed- Discovered significant errors in the City endowment fund balance and helped implement new procedures to avoid future recording errors - Budget adjustments and/or entry into budget system as needed- Assisted with various other research, process improvements, and/or special committees as requested—including items such as Birdland Marina audit, research of costs associated with City-operated marathons, cashier system development for golf courses, etc. Show less

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  City of Des Moines, Des Moines International Airport

  Jan 2008 - Nov 2011

  Senior Accountant

  - Generate reports for management and others on operations and construction projects - Setup, implementation, and administration of paperless document management system (InfoDynamics Intact) for all accounting records- Preparation of Passenger Facility Charge (PFC) reports for submission to the Federal Aviation Administration via online S.O.A.R. database- Process Airport Improvement Program Federal Grant drawdown requests for FAA-approved construction and/or land acquisition projects- Monthly review of revenues and expenses for reporting accuracy and presentation to Airport board members for approval - Preparation of cashflow model and analysis of cashflows based upon budget to ensure compliance with bond covenants- Accounting for bond issues totaling $48.3 million, preparation of continuing disclosure documents in accordance with bond master resolution, and preparation of annual workpapers proving both adequate debt service coverage and proper reserve balances, as required- Executing all transactions related to $12 million issue in commercial paper and related rollovers, along with all interest payments on the commercial paper until it was retired with bond financing- Preparation of various journal entries related to funding transfers, coding corrections, accrual entries, recording of wire transfers, interfund loans, bond issues, and other daily/monthly/yearly accounting transactions Show less

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  Des Moines Airport Authority

  Nov 2011 - now

  Accounting Manager

  - Supervision of Accounting Department staff- Implementation of Sage100/MAS90 financial system in three-month period to allow Airport to separate financial operations from the City of Des Moines- Development of general ledger chart of accounts, internal controls, segregation of duties, workflows, and various financial system processes for newly established Airport Authority- Preparation and filing of tax reports for payroll withholding deposits, federal forms 941 and 945, state sales tax, federal excise tax form 720, 1099-MISC- Development of custom financial reports in Excel-based Business Insights BizNet Reporting - Accounting for bond issues totaling approximately $50 million used to finance various capital improvement projects- Preparation of financial statements and workpapers for annual compliance audits on AIP and PFC programs- Annual airline carrier rate recalculation in accordance with contractual agreements- Administration of fixed assets management system, Sage100, and InfoDynamics Intact SMART paperless document management system Show less