Debi (Elish) Downs
TAX ACCOUNTANT/PAYROLL MANAGER/HR ADMINISTRATOR at Alexander Lumber- Claim this Profile
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Bio
Credentials
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OSHA 10 hour Certification
OSHA Safety Training Institute -
OSHA 30 hour Certification
OSHA Safety Training Institute
Experience
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Alexander Lumber
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United States
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Wholesale Building Materials
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100 - 200 Employee
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TAX ACCOUNTANT/PAYROLL MANAGER/HR ADMINISTRATOR
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Nov 2007 - Present
Successfully served in multiple management roles for privately owned lumber company that included all corporate tax administration, accounting and cash management, payroll, and human resources activities. Meticulously prepared return(s) for federal and multiple states, 5500 Forms for Group Insurance and 401K, and monthly sales tax returns for multi-site reporting. Analyzed and administered Cash Management for payment of all location vendor and expense bills, while calculating cash flow for… Show more Successfully served in multiple management roles for privately owned lumber company that included all corporate tax administration, accounting and cash management, payroll, and human resources activities. Meticulously prepared return(s) for federal and multiple states, 5500 Forms for Group Insurance and 401K, and monthly sales tax returns for multi-site reporting. Analyzed and administered Cash Management for payment of all location vendor and expense bills, while calculating cash flow for corporation. Interfaced directly with and advised Controller about accounting policies and procedures. Executed and performed Bi-weekly Payroll for up to 395 employees and Weekly Union Payroll, using outside online Payroll Company and Time Management software. Payroll responsibilities included FMLA and corresponding self-funded Short Term Disability, ACA management and annual EEO-1 reporting. Competently executed 401K Plan Administration through Fidelity Investments, including auto enroll, deferral payments, and vested tracking. Conducted yearly non-discrimination testing and audit preparation, with outside counsel, to uphold rigid IRS standards. Proficiently implemented open enrollment meetings, employee benefits, and Health Savings Account administration through an integrated HRIS system. Directed, administered and prepared full-cycle financial accounting for self-insured group health plans. Developed and maintained Employee Handbook. Diligently administered company’s Workers’ Compensation self-insured program, independent yearly Audit, and OSHA 300 log. Independently set-up and managed, all current year benefit programs, including Medical, Dental, Vision and Life and Long Term Disability for self-insured employer. Federal DOT driver oversight, including Random’s, DOT Clearinghouse and Medical tracking, were additional duties. Show less Successfully served in multiple management roles for privately owned lumber company that included all corporate tax administration, accounting and cash management, payroll, and human resources activities. Meticulously prepared return(s) for federal and multiple states, 5500 Forms for Group Insurance and 401K, and monthly sales tax returns for multi-site reporting. Analyzed and administered Cash Management for payment of all location vendor and expense bills, while calculating cash flow for… Show more Successfully served in multiple management roles for privately owned lumber company that included all corporate tax administration, accounting and cash management, payroll, and human resources activities. Meticulously prepared return(s) for federal and multiple states, 5500 Forms for Group Insurance and 401K, and monthly sales tax returns for multi-site reporting. Analyzed and administered Cash Management for payment of all location vendor and expense bills, while calculating cash flow for corporation. Interfaced directly with and advised Controller about accounting policies and procedures. Executed and performed Bi-weekly Payroll for up to 395 employees and Weekly Union Payroll, using outside online Payroll Company and Time Management software. Payroll responsibilities included FMLA and corresponding self-funded Short Term Disability, ACA management and annual EEO-1 reporting. Competently executed 401K Plan Administration through Fidelity Investments, including auto enroll, deferral payments, and vested tracking. Conducted yearly non-discrimination testing and audit preparation, with outside counsel, to uphold rigid IRS standards. Proficiently implemented open enrollment meetings, employee benefits, and Health Savings Account administration through an integrated HRIS system. Directed, administered and prepared full-cycle financial accounting for self-insured group health plans. Developed and maintained Employee Handbook. Diligently administered company’s Workers’ Compensation self-insured program, independent yearly Audit, and OSHA 300 log. Independently set-up and managed, all current year benefit programs, including Medical, Dental, Vision and Life and Long Term Disability for self-insured employer. Federal DOT driver oversight, including Random’s, DOT Clearinghouse and Medical tracking, were additional duties. Show less
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Alexander-Stewart Lumber Co. (Concurrent)
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Aurora, Illinois
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Tax Accountant/ Family Wealth Office Manager
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Nov 2007 - Present
Administer all aspects of multi-million dollar Family Wealth Office encompassing a privately owned lumber company, real estate, including three 1000-acre farms, and privately held partnerships. Prepared all federal and state tax returns, including all corporate (1120 C-Corp and Sub-S Corp), trust (1041) partnership (1065), Form 5500 for single employer Pension and individual (1040) for these entities. Completed all daily, monthly and yearly financial transactions for several family business… Show more Administer all aspects of multi-million dollar Family Wealth Office encompassing a privately owned lumber company, real estate, including three 1000-acre farms, and privately held partnerships. Prepared all federal and state tax returns, including all corporate (1120 C-Corp and Sub-S Corp), trust (1041) partnership (1065), Form 5500 for single employer Pension and individual (1040) for these entities. Completed all daily, monthly and yearly financial transactions for several family business holdings. Initiated and managed all trades and investment activities, using specialty investment software for portfolio holdings. Improved and oversaw all aspects of Private Pension plan from modernizing manual records through current Plan termination process. • Prepared 200+ tax returns annually, saving ownership in excess of $250,000 each year, in outside preparation fees. • Completed four Income Tax Audits, over course of last seven years, due to level of income. Each resulted in “No Change” findings. • Modernized Private Company Pension Plan record-keeping from manual and out-of-compliance with yearly notification(s) to digital and in compliance within first year of managing day-to-day of Plan. • Administered two “lump-sum opportunities” for Pension plan, resulting in multi-million dollars in savings for Plan Assets. Internal administration of these opportunities avoided Company $475,000 in outside management fees and almost 30 million in additional out of pocket cash required to close out the pension obligation. Show less Administer all aspects of multi-million dollar Family Wealth Office encompassing a privately owned lumber company, real estate, including three 1000-acre farms, and privately held partnerships. Prepared all federal and state tax returns, including all corporate (1120 C-Corp and Sub-S Corp), trust (1041) partnership (1065), Form 5500 for single employer Pension and individual (1040) for these entities. Completed all daily, monthly and yearly financial transactions for several family business… Show more Administer all aspects of multi-million dollar Family Wealth Office encompassing a privately owned lumber company, real estate, including three 1000-acre farms, and privately held partnerships. Prepared all federal and state tax returns, including all corporate (1120 C-Corp and Sub-S Corp), trust (1041) partnership (1065), Form 5500 for single employer Pension and individual (1040) for these entities. Completed all daily, monthly and yearly financial transactions for several family business holdings. Initiated and managed all trades and investment activities, using specialty investment software for portfolio holdings. Improved and oversaw all aspects of Private Pension plan from modernizing manual records through current Plan termination process. • Prepared 200+ tax returns annually, saving ownership in excess of $250,000 each year, in outside preparation fees. • Completed four Income Tax Audits, over course of last seven years, due to level of income. Each resulted in “No Change” findings. • Modernized Private Company Pension Plan record-keeping from manual and out-of-compliance with yearly notification(s) to digital and in compliance within first year of managing day-to-day of Plan. • Administered two “lump-sum opportunities” for Pension plan, resulting in multi-million dollars in savings for Plan Assets. Internal administration of these opportunities avoided Company $475,000 in outside management fees and almost 30 million in additional out of pocket cash required to close out the pension obligation. Show less
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Elish Construction Inc.
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Warrenville, Illinois and Kingwood, Texas
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Owner/Office Manager/Accountant
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1983 - 2007
Provided management and accounting support for a $1,000,000 construction company, industry leader in fabric formed concrete installation for clients, including U.S. Army Corps of Engineers, power plants, refineries, and state highway departments. Oversaw all administrative aspects of the business, including strategic planning and procurement of credit, insurance, and bonding to fulfill contract requirements. Worked directly with state and federal government leaders, corporate owners and… Show more Provided management and accounting support for a $1,000,000 construction company, industry leader in fabric formed concrete installation for clients, including U.S. Army Corps of Engineers, power plants, refineries, and state highway departments. Oversaw all administrative aspects of the business, including strategic planning and procurement of credit, insurance, and bonding to fulfill contract requirements. Worked directly with state and federal government leaders, corporate owners and engineering companies to specify logistical requirements and regulations. Interfaced directly with business agents of labor and operator unions to negotiate favorable conditions regarding hiring, hours worked, health and safety issues that ensured OSHA and MSHA regulations were met. As certified OSHA trainer, trained all crews prior to job assignments. Scheduled company field superintendents, labor foremen, and laborers and hired additional personnel as needed. Prepared all financial statements, federal and state tax returns, payroll quarterly and yearly returns for federal and multiple states. Prepared all required reports for banks, insurance companies, federal and state licensing boards. Prepared all review documents for yearly financial statements. Prepared all monthly EEO, M/WBE Reports, Certified Payroll, and Subcontractor Lien Statements. Implemented stringent inventory control procedures that maximized profits and minimized waste. Show less Provided management and accounting support for a $1,000,000 construction company, industry leader in fabric formed concrete installation for clients, including U.S. Army Corps of Engineers, power plants, refineries, and state highway departments. Oversaw all administrative aspects of the business, including strategic planning and procurement of credit, insurance, and bonding to fulfill contract requirements. Worked directly with state and federal government leaders, corporate owners and… Show more Provided management and accounting support for a $1,000,000 construction company, industry leader in fabric formed concrete installation for clients, including U.S. Army Corps of Engineers, power plants, refineries, and state highway departments. Oversaw all administrative aspects of the business, including strategic planning and procurement of credit, insurance, and bonding to fulfill contract requirements. Worked directly with state and federal government leaders, corporate owners and engineering companies to specify logistical requirements and regulations. Interfaced directly with business agents of labor and operator unions to negotiate favorable conditions regarding hiring, hours worked, health and safety issues that ensured OSHA and MSHA regulations were met. As certified OSHA trainer, trained all crews prior to job assignments. Scheduled company field superintendents, labor foremen, and laborers and hired additional personnel as needed. Prepared all financial statements, federal and state tax returns, payroll quarterly and yearly returns for federal and multiple states. Prepared all required reports for banks, insurance companies, federal and state licensing boards. Prepared all review documents for yearly financial statements. Prepared all monthly EEO, M/WBE Reports, Certified Payroll, and Subcontractor Lien Statements. Implemented stringent inventory control procedures that maximized profits and minimized waste. Show less
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Price & Price Accounting Firm
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Kingwood, Texas
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Office Manager / Tax Accountant
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1986 - 1990
Managed and coordinated the secretarial and bookkeeping support staff. Prepared Corporate, Partnership, Trust and Personal Tax Returns. Prepared complete accounting cycle reports for same Managed and coordinated the secretarial and bookkeeping support staff. Prepared Corporate, Partnership, Trust and Personal Tax Returns. Prepared complete accounting cycle reports for same
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Education
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Southern Illinois University, Carbondale
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Waubonsee Community College
Community
