Denise Somers has over 18 years of experience in accounting and human resources management. She currently serves as the Controller for Stewart-Haas Racing in North Carolina where she performs daily cash flow tracking and forecasting, prepares monthly financial reports, reconciles royalty payments, and oversees the accounts payable and receivable departments. Previously, she worked as the Accounting Manager for Earnhardt Ganassi Racing and held various accounting and human resources roles. She has a Master's degree in Finance and a Bachelor's degree in History and Human Resources.

1. Denise Somers, MBA
Concord ~ NC ~ 28027 ~ 704-564-1102
DeniseSomers1@yahoo.com
Controller
Senior financial manager with over 18 years of experience in accounting, and human resources management.
Proficient in Microsoft Office Suite, Peachtree, Sharepoint, MYOB, Microsoft Dynamics, BI360, FRx, & Quickbooks.
Knowledge and skill areas include:
~Financial Statement Preparation ~Expense Planning & Control ~Accounts Receivable & Payable
~General Ledger Accounting ~Office Management ~Financial Research Projects
~Payroll ~GAAP ~Commissions / Royalties
~Bank Reconciliations ~Project Management ~Cash Flow Projections
~Performance Appraisals ~Account Reconciliation ~Leadership
EDUCATION
Masters Degree ~ Finance ~ LaSalle University
Bachelors Degree ~ History & Human Resources ~ Cabrini College
RELEVANT EXPERIENCE
CONTROLLER – Stewart-Haas Racing, Kannapolis, NC – January 2013 - Present
• Performed daily cash flow tracking and forecasting
• Monthly financial package preparation including individual team / department financial reports
• Reconciled and paid all quarterly royalty payments based upon sales from over 50 outside vendors
• Calculated & accrued driver and sponsor bonuses / commissions based on individual contracts
• Manually calculated all employee bonuses based on individual contract terms
• Implemented Virtual MasterCard program for A/P which brings in approximately 12k per month in revenue
• Supervised accounts payable and accounts receivable departments
• Performed monthly account analysis and reconciliation for all balance sheet accounts
• Budget variance analysis
• Drafted accounting policies and procedures manual in compliance with GAAP
• Fixed Asset Analysis – Retirements, Acquisitions, Reclassifications
ACCOUNTING MANAGER – Earnhardt Ganassi Racing with Felix Sabates, Concord, NC - April 2008 – Dec 2012
• Performed daily cash flow tracking and forecasting
• Monthly reconciliation of all intra-company accounts
• Maintained books for 4 separate companies that rolled into our larger parent company
• Supervised and streamlined accounts payable and accounts receivable departments
• Performed monthly account analysis and reconciliation for all balance sheet accounts
• Prepared monthly financial package within 10 business days of end of month
• Prepared monthly state use tax reports & payments
• Drafted and enforced accounting policies and procedures manual in compliance with GAAP
• Coordinated first state sales tax audit
• Cost Accounting projects - annual update of cost of car, labor analysis, inventory, building & equipment upgrades / additions
MARKET CENTER ADMINISTRATOR – Keller Williams, Doylestown & Philadelphia, PA - August 2006–September
2008
• Handled all financial transactions as well as property settlements
• Calculated and paid all agent sales commissions ensuring market center & agent received correct percentages
• Closed month & transmitted financials in 3 days as required
• Prepared and maintained budget maintaining a maximum monthly budget variance of $50.00
ASSISTANT CONTROLLER & HUMAN RESOURCES MANAGER– Matt-Bri, Inc. - April 2003 – May 2006
• Prepared bi-weekly payroll & sales commissions for 85 employees using ADP as well as Paychex programs
• Developed overtime policies which reduced the yearly expense by 65% in the first year and 40% in the following year
• Partnered with the Controller on all accounting functions and projects with emphasis on expense reduction
• Streamlined warranty receivable account which reduced the goodwill & outstanding receivable by 60%
• Supervised staff of 14 employees
• Handled daily deposits & reconciled cash

2. 1996 – 2003 - Various entry level accounting and human resources positions