Experience

Karen P Sackstein CPA
• United States
• Information Technology & Services
• 1 - 100 Employee
• Audit Senior

  • Aug 2018 - Present


Independent CPA/Consultant

• Accounting
• 1 - 100 Employee

• Independent CPA

  • Jun 2012 - Aug 2018

  Utilized communication skills in part time tax preparation work, including IRS correspondence and small business bookkeeping, while staying home to raise children Utilized communication skills in part time tax preparation work, including IRS correspondence and small business bookkeeping, while staying home to raise children



Merck

• United States
• Pharmaceutical Manufacturing
• 700 & Above Employee

• Finance Manager MSP Joint Venture

  • Aug 2008 - May 2012

  • Applied technical accounting skills while working in multifunctional team to unwind the Merck / Schering-Plough Joint Venture post merger in November 2009. • Redesigned complex Excel based reconciliations for 40 countries P&L activity, including profit eliminations, HQ adjustments and statutory reporting. Used Excel based query tools such as HFM Essbase and multiple Excel functions (VLOOKUP, SUMIF, CONCATENATE, etc).• Streamlined reporting for 20+ HQ journal entries post merger, including top level elimination entries, while consolidating tasks performed across multiple departments.• Premerger tasks: Performed profit split calculations for all countries, reconciled Receivable / Payable activity for Joint Venture legal entities, profit elimination recalculations, etc. Show less

• Finance Manager

  • Oct 2006 - Aug 2008

  • HFM power user: Loaded and reconciled US Trial Balance into HFM consolidation system monthly, reconciled and eliminated worldwide Intercompany Income / Expense and Intercompany Dividendso Member of implementation team of worldwide HFM consolidation tool: participated in parallel testing with international subsidiaries, reconciled historical data loads for US Trial Balance, and assisted in the design of intercompany reports.• Trained and supervised one staff level employee whose responsibilities included processing and reconciling all subledger interfaces (A/P, Payroll, etc) into the general ledger, preparing and recording wire transfers for intercompany balances to foreign subsidiaries, etc. • Provided support to all US business unit finance staff including account coding, Journal Entry and Query tools technical support, Journal Entry reviews for cutoff and threshold criteria, etc. Show less