Kimberly Henderson, CFE

Experience

• 

  PenFed Credit Union

  Sept 1997 - now

  • Manage the team through the bi-weekly payroll Peoplesoft HR processing; overcoming obstacles and issues to meet the demanding pay cycle schedule.• Oversee ongoing training and development of the team to meet and exceed the requirements of the area.• Research and recommend strategic and tactical changes in daily/monthly work processed to improve the level and quality of the pay cycle processing.• Develop procedures for and supervise the preparation, documentation and disbursement of all payroll checks, payroll taxes, and employee benefit payments. • Review biweekly reports for waste and abuse of timesheet submission.• Perform general ledger functions, account analysis and reconciliation for Payroll related accounts.• Oversee the daily updating to the Payroll Peoplesoft HR system by the team, and resolve system and processing issues that arise daily. Show less • Process payroll for employee base of over 1700 including five intercompany subsidiaries with the credit union on a biweekly basis.• Provide in-house personnel with expert advice to Human Resources (HR) Professionals, Supervisors, Assistant Managers and Branch Managers as it relates to policies and procedures for hourly wage reporting, tax withholdings and regulatory policies for Federal and individual state compliances.• Review and process new hire documentation such as residential income tax, employer withholding tax and unemployment taxes for the District of Columbia region and an additional twenty states as well as three overseas locations.• Process vacation accruals and final wages for resignations, terminations and short term disability.• ACHIEVEMENT: Instrumental in development and training of upgraded payroll software in 2013. Thus, decreasing Management approval and employee time sheet errors by 30% Show less • Performed general ledger functions, account analysis and reconciliation, journal entries and expense control management.• Researched, analyzed and recommended solutions for financial discrepancies with a focus on risk management and asset liability matching policies and procedures to ensure regulatory compliance.• Developed and maintained current procedural documentation of assigned accounts and Cash Control Technician functions.• Supported accountant staff as senior advisor and trainer for technicians• Liaised between credit union and correspondent banks for operational matters and resolution of discrepancies. Created strong business development and relationship management. Established and maintained relationships with individuals and business customers.• Assisted Financial Security Office (FSO) by providing documentation and evidence for cases involving fraud within institution. ACHIEVEMENT: In 2009 reconstructed bank records of a mergered credit union, creating a file that was a key source for evidence in the fraud case of two former credit union employees.• Increased productivity levels by providing key contributions toward automation of account reconciliation processes. RESULT: Increased productivity levels by 60 %.• ACHIEVEMENT: Selected as part of PenFed’s merger team in acquisition of a credit union in Honolulu, Hawaii, July 2010. Show less

  • Payroll Manager

    Aug 2016 - now

  • Payroll and Benefits Accountant

    Sept 2011 - now

  • Accountant

    Sept 1997 - Sept 2011