Sharon Young

Sharon Young

Auditor

Followers of Sharon Young172 followers
location of Sharon YoungChambersburg, Pennsylvania, United States

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  • Timeline

  • About me

    Chief Financial Officer at PA Employee Benefit Trust Fund (PEBTF)

  • Education

    • Penn State University

      -
      Bachelor of Science - BS Accounting
    • Penn State University

      -
      Master of Business Administration - MBA Business Administration and Management, General
  • Experience

    • Department of the Auditor General

      Jan 1992 - Jan 1994
      Auditor

      Performed audits on state funded agencies.

    • Control Techtronics

      Jan 1994 - Jan 1996
      Controller

      Performed the accounting functions for a small start-up company.• Automated manual accounting practices by using Peachtree• Prepared payroll in house to eliminate ADP costs• Developed the first operational budget

    • HealthAmerica

      Jan 1996 - Jan 1997
      Accounting Manager

      Accounting Supervisor (1996 – 1997)Oversaw the daily activities of the accounting department and supervised a staff of eight. • Reconciled balance sheet accounts previously irreconcilableSenior Accountant (1996)Responsible for creating and maintaining monthly financial statements.• Transferred the accounting function from the Pittsburgh office to Harrisburg after the company restructured

    • Transcore

      Jan 1997 - Jan 1998
      Senior Accountant

      Managed the monthly closing process for multi-million dollar manufacturing subsidiary of SAIC, Inc.• Transferred accounting function from California to the Pennsylvania office after company take over • Self-taught and trained other staff on general ledger software• Reconciled accounts receivable detail to the general ledger previously irreconcilable• Implemented new fixed asset software and practices for tracking assets and depreciation expense

    • NHS Human Services

      Jan 1998 - Jan 2006
      Director of Finance

      Accountable for financial reporting, budgeting/forecasting, billing, accounts payable, accounts receivable, and payroll. • Redesigned the region´s cost allocation plan for administrative expenses to align cost where they were utilized. • Identified operations not meeting budget, assessed areas of weakness, formulated corrective actions, and aligned performance to budget expectations. • Responded to RFPs by building budgets based upon the published service description; ensured revenue assumptions were reasonable, all costs were captured and that pursuit of program was profitable for the organization. • Constructed a detailed aged receivable previously not in existence that secured a vital $10M line of credit for the organization. • Implemented general ledger software, including accounts payable and fixed assets, which provided financial information previously not available. Show less

    • Crump Life Insurance Services

      Jan 2007 - Jan 2017
      Director of Financial Operations/V.P. of Accounting and Financial Reporting

      Managed the revenue recognition, budgeting, accounts receivable, purchasing, collections, facilities and processing of commissions for the largest wholesale insurance brokerage in the U.S. Provided leadership, coaching and employee development for a team of 38 domestic and 6 offshore employees in a fast paced, high transaction volume environment. • Identified approximately $4M worth of payables not recorded because of researching and reconciling large balance sheet accounts.• Reviewed facility related contracts annually and submitted RFPs (Request for Proposal) to maximize services provided while minimizing expenses.• Designed and implemented two system conversions which increased revenue/cash by millions of dollars every year.• Redesigned purchasing procedures to reduce shipping costs by thousands of dollars annually.• Researched, documented and testified against an agent that owed $500K for a policy that was taken back by the client; due to the effort put into this case, the company won a judgment for the full amount due.• Assisted with the negotiation and implementation of multi-million dollar contracts for two mid-size brokers while minimizing the need for additional head count through automation.• Implemented weekly and monthly production reports to identify opportunities for improvement and ensure that associates were as productive as budgeted.• Reduced manual data entry of commissions from 20% to 4% within three years.• Continually created efficiencies and IT solutions; eliminated the work effort of three FTEs in 2017. • Created a formal, effective, IT driven training program for new associates; previous training was ineffective and provided by co-workers. Show less

    • PA Employee Benefit Trust Fund (PEBTF)

      Mar 2018 - now
      Chief Financial Officer
  • Licenses & Certifications

    • Personal Training Certification

      Ace Fitness
      Jul 2017