Chanon Drake

Assistant Controller

Downtown Dallas, North Dallas

7+ years of experience

Consulting

  • 7+ Years of Accounting Experience

    with progressive experience leading financial, accounting, and operations teams for domestic and international companies.

  • Proven Process Improvement Leader

    improved efficiency and productivity in policies and procedures in the Cash Applications Department.

  • Excellent Problem Solver

    highly skilled in troubleshooting most accounting issues with speed and efficiency.

Roles

  • Analyzed and prepared monthly financial statements for 7 facilities
  • Completed monthly journal entries including accruals, prepaids, and reclasses.
  • Completed balance sheet and bank reconciliations monthly
  • Maintained fixed asset schedule in compliance with GAAP standards
  • Completed variance analysis and prepared adjusting entries as needed.
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  • Completed recurring monthly journal entries and oversaw Accounts Payable function
  • Compiled individual and consolidated Financial Statements while addressing variances
  • Completed Balance Sheet Reconciliations monthly to ensure accurate reporting.
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  • Completed AP Functions including supplier creation, invoice coding, and payments for two properties averaging 120 invoices daily
  • Analyzed and corrected variances in financials and notified properties how to adjust and improve their metrics
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Achievements

  • Managed the month-end close process in a foreign currency for two European hotel properties with a total of 293 rooms and 2017 Revenues of €12M and €123M in total assets.

  • Prepared account and bank reconciliations in AS400 software and assigned transactions to general ledger accounts.

  • Participated in ongoing process improvement and ideas to improve efficiency and productivity in policies and procedures in the Cash Applications Department.

  • Reconciled 85 balance sheet accounts per property monthly, presented monthly, quarterly, and annual financial statements to internal ownership, external ownership, and lenders in multiple currencies.

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