Drake Lorenzen
Bloomington
Summary
Efficient Senior Audit Associate equipped with skills in team leadership, audit planning and report preparation. Proven capabilities in audits, reviews, compilations and client relations. Accomplished in training and mentoring staff to build strong teams and consistently achieve auditing goals.
Overview
6
6
years of professional experience
Work History
Senior Audit Associate
DSB Rock Island
Mendota Heights, MN
11.2021 - Current
- Oversaw monthly financial close processes ensuring accuracy and timeliness.
- Developed and implemented streamlined accounting procedures to enhance operational efficiency.
- Managed account reconciliations, identifying discrepancies and resolving issues proactively.
- Mentored junior accountants, fostering skill development and promoting best practices.
- Prepared detailed reports for management, enhancing visibility into financial performance metrics.
- Collaborated with cross-functional teams to support budgeting and forecasting efforts effectively.
- Reduced discrepancies in account balances by thoroughly reviewing and reconciling general ledger accounts on a monthly basis.
- Manage audit, review, compilation and employee benefit plan engagements covering many different industries for for-profit companies and non-profit organizations
- Prepare monthly, trailing twelve month and annual financial statements
- Be the client's first line of communication for any questions, concerns, requests, engagement status updates
- First level of review within engagement binders
- Perform planning and fieldwork testing for engagements
- Provide monthly and annual bookkeeping for clients
- Perform month-end closing of books
Accounts Payable Specialist
Patterson Companies
Remote
02.2020 - 11.2021
- Managed a book of business covering 100+ vendors with payable balances ranging from $10K-$1M+
- Worked to keep all invoices aged over 60 days paid
- Managed relationship with existing and new vendors
- Processed any incoming invoices that were submitted within the previous 24 hours so that they would flow into the SAP accounting system
- Collaborated with team to come up with strategies on how to more efficiently manager and reduce total accounts payable for the department
Education
Bachelor of Science - Accounting
Saint Mary's University of Minnesota
06.2023
AAS - Accounting
Dakota County Technical College
Rosemount, MN06.2020
Skills
- Financial statement review
- Ethics and integrity
- GAAP
- Risk assessment
- Account reconciliation
- Internal controls development
- Annual reports
- Financial statement analysis
- Bookkeeping
- Audit planning
Timeline
Senior Audit Associate
DSB Rock Island
11.2021 - Current
Accounts Payable Specialist
Patterson Companies
02.2020 - 11.2021
AAS - Accounting
Dakota County Technical College
Bachelor of Science - Accounting
Saint Mary's University of Minnesota