Nikki Lance
Senior Financial Analyst at Miller Milling Company- Claim this Profile
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Bio
Experience
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Miller Milling Company
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Food and Beverage Manufacturing
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1 - 100 Employee
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Senior Financial Analyst
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Nov 2021 - Present
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Cargill
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United States
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Food and Beverage Manufacturing
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700 & Above Employee
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Senior Analyst Commodity Financial Risk Management
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Mar 2018 - Nov 2021
Responsible for reconciling and reporting daily and monthly trading profit and loss including mark-to-market, foreign exchange risk and profit and loss attribution.Lead month end financial reporting and analysis, financial statement reviews and conduct review of balance sheets to ensure proper controls over financial reporting.Collaborate with business unit and corporate finance groups to determine key financial information to include in financial and management reporting.Provide technical accounting data and information to Finance and business partners.Review and approve accounts payable invoices and payments to validate payment control policies are followed.Analyze trade-related risks and partner with merchants and other functions to identify relevant risks for position reporting.Mentor and train junior members of the Financial Risk Management team assigned to the business unit to ensure knowledge transfer and depth across the team including updating processes and procedures. Show less
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Senior Accountant - Treausry
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Apr 2016 - Mar 2018
Responsible for review and oversight of Cargill Inc long term debt portfolio, hedge accounting and related tax and government reports.Lead process improvement projects related to general ledger profile updates, improving general ledger reporting and reducing manual journal entries.Researched and analyzed general ledger coding for long term debt products for compliance to corporate guidelines in advance of new general ledger implementation.Updated transfer pricing documentation for compliance purposes and improved regional reporting of related expense and income.Supervised Canada Treasury portfolio including Cargill Limited in house bank account, balance sheet reconciliation and corporate reporting. Show less
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Senior Accountant - Cargill Starches, Sweeteners and Texturizers North America
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Sep 2011 - Apr 2016
Handled all finance activities for Corn Syrup product line and Corn Sweetener activities in Canada including P&L analysis, budgeting and balance sheet reconciliation as well as cash reconciliation of foreign and domestic accounts.Oversaw and monitored Corn Sweetener terminal location accounting activities and acted as liaison between Terminal Leadership and Finance Leadership teams.Supervise and mentor associate professional and senior accounting assistant.Setup accounting and reporting process for new Corn Sweetener product line including cost centers, cross business unit activities, general ledger reporting and inventory controls.Led project to determine North America and Canada product line response and readiness for Canada Anti-Spam Legislation.Updated product transfer pricing process to smooth profit and loss swings by changing the analysis used to set product transfer prices. Show less
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Senior Accountant IT Services for Business
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Jul 2009 - Sep 2011
Responsible for Technology, Governance, Risk and Control Group P&L analysis, budgeting, annual allocation methodology and invoicing.Developed internal control controls to comply with TGRC and Risk Watch metrics for ITSB Finance globally.Coordinated Records Information Management initiatives for all groups within IT Services for BusinessAssisted with preparation for annual Value Preservation Review – accounting controls.Improved TGRC and Risk Watch metrics from red to green by setting up and monitoring the Global Finance System Access Procedure.Participated in train-the-trainer for COSO to assist the controller with compliance training for the function.Consolidate the IT function budgets across all functions. Show less
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Professional Accountant - LaCrosse Global Fund Services
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Jul 2007 - Jul 2009
Handled daily accounting process for assigned clients/business units ensuring all reconciliation items were investigated and resolved.Performed month end close process including balance sheet and income statement reconciliation within required deadlines.Understood pricing methodology and valuation models for all products in client’s portfolios to ensure accurate investment valuation and adherence to client’s pricing policy.Prepared monthly reporting package for client review and verification.Tested new reporting formats to verify support and accuracy of the general ledger.Helped develop an investment policy manual which was used by all functional groups in LaCrosse to understand different product types and their accounting treatment.Worked on conversion to new general ledger system, analyzing differences in booking treatment, providing solutions and verifying accurate transfer of data. Show less
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GMAC RFC
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Bloomington, MN
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Senior Financial Accountant
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Aug 2005 - Jul 2007
Performed month-end close process including reconciliation of P&L to traders and posting of all related P&l and balance sheet general ledger journal entries. Responsible for daily accounting of OTC derivatives, mortgage related securities and hedge positions. Assembled and submitted monthly and quarterly reporting requests for tax, corporate finance and external audit. Assisted with preparation and review of department SOX controls including documentation of controls. Built and maintained desktop procedures related to position duties. Tested and implemented Quantum system to automate OTC derivatives accounting. Developed new processes and reports for Quantum system before and after implementation. Tested Impact and Quantum upgrades prior to installation to verify impact to accounting processes. Show less
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EBF & Associates
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Minnetonka, MN
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Financial Trade Administrator
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Jul 1998 - Aug 2005
Established and maintained critical relationships with counterparties. Processed, controlled and settled foreign and domestic transactions including debt, equity and derivatives. Provided daily monitoring of currencies, security, collateral and derivative positions at multiple brokers. Helped develop and test security database including daily maintenance. Key team member of project that automated position reconciliation and security balances, greatly reducing reconciliation and trade processing times. Show less
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Education
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Minnesota State University Moorhead
Bachelor of Science - BS, International Business