Benjamin Sheiman
Assistant Controller at Bio-Botanica Inc- Claim this Profile
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Topline Score
Bio
Credentials
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Certified Public Accountant
New York State Education DepartmentFeb, 2019- Oct, 2024
Experience
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Bio-Botanica Inc
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United States
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Wellness and Fitness Services
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1 - 100 Employee
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Assistant Controller
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Aug 2020 - Present
• Responsible for entire preparation of Financials for CFO and Business Reporting Package for Management & Ownership • Supervising accounting department of 4 to ensure proper capture of financial activity in ERP system • Completely redesigning multi-entity financials to accurately reflect activity horizontally between entities and vertically between COGS & SGA expenses • Streamlining various accounting processes – Most notably rebuilding payroll accounting process from… Show more • Responsible for entire preparation of Financials for CFO and Business Reporting Package for Management & Ownership • Supervising accounting department of 4 to ensure proper capture of financial activity in ERP system • Completely redesigning multi-entity financials to accurately reflect activity horizontally between entities and vertically between COGS & SGA expenses • Streamlining various accounting processes – Most notably rebuilding payroll accounting process from requiring several people taking many hours per week to one person taking 20 minutes per week by utilizing Excel • Working with Management and I.T. to continuously improve the costing of inventory globally throughout the ERP system Show less • Responsible for entire preparation of Financials for CFO and Business Reporting Package for Management & Ownership • Supervising accounting department of 4 to ensure proper capture of financial activity in ERP system • Completely redesigning multi-entity financials to accurately reflect activity horizontally between entities and vertically between COGS & SGA expenses • Streamlining various accounting processes – Most notably rebuilding payroll accounting process from… Show more • Responsible for entire preparation of Financials for CFO and Business Reporting Package for Management & Ownership • Supervising accounting department of 4 to ensure proper capture of financial activity in ERP system • Completely redesigning multi-entity financials to accurately reflect activity horizontally between entities and vertically between COGS & SGA expenses • Streamlining various accounting processes – Most notably rebuilding payroll accounting process from requiring several people taking many hours per week to one person taking 20 minutes per week by utilizing Excel • Working with Management and I.T. to continuously improve the costing of inventory globally throughout the ERP system Show less
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Lifetime Brands
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United States
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Consumer Goods
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500 - 600 Employee
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Senior Accountant
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Oct 2019 - Aug 2020
• Led the evaluation and quarterly adjustment of our company-wide Inventory Reserve by discussing potential Inventory issues with Divisional Presidents and Distribution Centers • Ensured our Royalty Customers/Licensors receive correct information related to earned royalties and that payment was properly sent/applied • Managed accounting of Amazon AR account by processing complex Chargebacks against Accruals, Credit Memos, and accounting for Divisional Advertising &… Show more • Led the evaluation and quarterly adjustment of our company-wide Inventory Reserve by discussing potential Inventory issues with Divisional Presidents and Distribution Centers • Ensured our Royalty Customers/Licensors receive correct information related to earned royalties and that payment was properly sent/applied • Managed accounting of Amazon AR account by processing complex Chargebacks against Accruals, Credit Memos, and accounting for Divisional Advertising & Promotions • Analyzed a wide range of Inventory & COGS accounts at month-end by summarizing material variances and making necessary adjustments • Streamlined various accounting processes – Most notably redesigning Amazon Sales/Expense Analytics presentation to Divisional Presidents from a completely manual day-long process to a partially automated process taking an hour by utilizing Excel Show less • Led the evaluation and quarterly adjustment of our company-wide Inventory Reserve by discussing potential Inventory issues with Divisional Presidents and Distribution Centers • Ensured our Royalty Customers/Licensors receive correct information related to earned royalties and that payment was properly sent/applied • Managed accounting of Amazon AR account by processing complex Chargebacks against Accruals, Credit Memos, and accounting for Divisional Advertising &… Show more • Led the evaluation and quarterly adjustment of our company-wide Inventory Reserve by discussing potential Inventory issues with Divisional Presidents and Distribution Centers • Ensured our Royalty Customers/Licensors receive correct information related to earned royalties and that payment was properly sent/applied • Managed accounting of Amazon AR account by processing complex Chargebacks against Accruals, Credit Memos, and accounting for Divisional Advertising & Promotions • Analyzed a wide range of Inventory & COGS accounts at month-end by summarizing material variances and making necessary adjustments • Streamlined various accounting processes – Most notably redesigning Amazon Sales/Expense Analytics presentation to Divisional Presidents from a completely manual day-long process to a partially automated process taking an hour by utilizing Excel Show less
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Senior Accountant
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Jul 2016 - Oct 2019
• Reconciled key GL accounts: Inventory, AR, AP and most other large accounts • Booked journal entries for Payroll, Prepaids, Fixed Assets, and Accruals for large reserve accounts (Health Insurance, Bonuses, Vendor Incentives, Inventory, Commissions, & Dealer Spiffs) • Assisted in the close process at month-end by running reports, closing out the ERP system, and making final Sales/COGS-related adjustments • Worked with Controllers to ensure SOX compliance via reports… Show more • Reconciled key GL accounts: Inventory, AR, AP and most other large accounts • Booked journal entries for Payroll, Prepaids, Fixed Assets, and Accruals for large reserve accounts (Health Insurance, Bonuses, Vendor Incentives, Inventory, Commissions, & Dealer Spiffs) • Assisted in the close process at month-end by running reports, closing out the ERP system, and making final Sales/COGS-related adjustments • Worked with Controllers to ensure SOX compliance via reports, entries, analyses, and internal auditing • Met monthly with Assistant Controller to go over Inventory issues and brainstorm solutions to recurring problems as well as discuss potential write-offs • Managed two junior accountants and helped lead them through the month-end process
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Purchasing Assistant
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Feb 2016 - Jul 2016
• Issued purchase orders on behalf of the many facilities of the company • Worked with vendors to ensure accurate and timely purchases • Ensured the timely refilling of Keepstock in all shop locations • Learned the Spokane ERP system
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Protiviti
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United States
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Business Consulting and Services
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700 & Above Employee
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Contract Auditor
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Dec 2013 - Jan 2014
• Aided auditors in analyzing contract pricing data using Microsoft Excel • Utilized VLookups and Pivot Tables to organize data sets into usable information • Researched contract information to assist in data verification • Aided auditors in analyzing contract pricing data using Microsoft Excel • Utilized VLookups and Pivot Tables to organize data sets into usable information • Researched contract information to assist in data verification
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Nassau County Comptroller Elaine Phillips
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United States
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Government Administration
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1 - 100 Employee
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Field Audit Intern/Part-Time Field Audit Clerk
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Sep 2008 - Sep 2009
• Reconciled payroll information of audited companies against current governmental standards and New York State system records • Integrated raw data into spreadsheets and databases utilizing Excel and Access • Aided in the collation of volumes of governmental information related to audits and special projects • Researched a wide array of entities and projects to be utilized during the auditing process • Assisted in the coordination and implementation of various audits • Reconciled payroll information of audited companies against current governmental standards and New York State system records • Integrated raw data into spreadsheets and databases utilizing Excel and Access • Aided in the collation of volumes of governmental information related to audits and special projects • Researched a wide array of entities and projects to be utilized during the auditing process • Assisted in the coordination and implementation of various audits
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CBIZ Marks Paneth
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United States
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Accounting
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400 - 500 Employee
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Audit Intern
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Jan 2008 - Apr 2008
• Organized tax documents for clients • Scanned and filed important audit and tax documents • Assisted team with various audit-related tasks • Organized tax documents for clients • Scanned and filed important audit and tax documents • Assisted team with various audit-related tasks
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Education
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Long Island University - C.W. Post
Bachelor of Science - BS, Accounting
Community
