Margaret Ostervold
Vice President at JUMBO FOODS, INC.- Claim this Profile
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Bio
Experience
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Jumbo Foods, Inc.
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United States
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Food and Beverage Manufacturing
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1 - 100 Employee
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Vice President
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Nov 2019 - Present
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Controller
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Jun 2006 - Nov 2019
Manage accounts payable, accounts receivable, payroll, and accounting staff.Maintain banking and auditor relationships.Produce monthly financial statements, including cash flows and in depth analysis.Budget preparation and analysis.Prepare all year end audit work for review and tax purposes.File all payroll, business and occupation, and sales taxes for ten states and federally on a weekly, monthly, quarterly, or yearly basis. Maintain all business licenses for all locales.Reconcile intercompany accounts with Emerald Hills Coffee, a sister company to Jumbo Foods.Account for third party accounts receivable for several distributors of Jumbo Foods.Back up employees regarding account reconciliations, month end closing and journal entries, asset tracking, amortization schedules, lease tracking, payroll, accounts payable, and accounts receivable functions. Show less
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Accounting Manager
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Jul 2004 - May 2006
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Accountant
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Apr 2002 - Jun 2004
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Ramsey Gems, Inc.
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Bothell, WA
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Temporary Staff Accountant
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Dec 2001 - Apr 2002
Reconciled and analyzed inventory, accounts payable, accounts receivable, and other miscellaneous accounts as needed for year end audit preparation. Assisted with accounting system conversion. Reconciled and analyzed inventory, accounts payable, accounts receivable, and other miscellaneous accounts as needed for year end audit preparation. Assisted with accounting system conversion.
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UMC
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United States
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Construction
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200 - 300 Employee
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Staff Accountant
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Mar 2000 - Sep 2001
Prepared and filed excise tax returns for the state of Washington and all locales in which business was transacted. Responsible for maintaining current business licenses in all locales. Ran the complete month end closing process, followed by the creation of work in process schedules, journal entries, and monthly financial statements. Reconciled and analyzed a wide variety of accounts as needed, especially for year end audit preparation. Backup for accounts payable, accounts receivable, and payroll tasks. Wrote numerous ad hoc reports in the Bidtek Vision accounting system for management and coworkers. Show less
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Darigold
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United States
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Food & Beverages
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700 & Above Employee
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Commodities Accountant
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Mar 1999 - Mar 2000
Accounted for all trading of futures and forwards contracts of WestFarm Foods. This included accounting for both speculative trading as well as genuine hedging. Performed all of the month end close procedures for DEXCO, a subsidiary. This entailed accounting for four retail stores. Reconciled numerous accounts on a monthly basis, most notably the main company bank account. Reconciled two of the three intercompany accounts between WestFarm Foods and Northern Dairy Association, the cooperative on which the company was based. Show less
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Education
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Western Washington University
Bachelor’s Degree, Accounting and Business/Management