Ilona Bala
Wauconda
Summary
Dedicated accounting professional with a strong foundation in GAAP and financial reporting. Detail-oriented with experience assisting in month-end closes and training new employees, ensuring accurate revenue reporting and effective collaboration within finance teams.
Overview
16
16
years of professional experience
Work History
Staff Accountant
Stratus Unlimited, Inc.
Elmhurst
11.2022 - Current
- Assisted Accounting Manager with month-end close, ensuring timely and accurate financial reporting
- Ensure proper GL coding for customer invoices to support accurate revenue reporting
- Assisted in preparing audit documentation and financial reports on a monthly, quarterly, and annual basis
- Maintain daily and monthly financial reports to support informed decision-making
- Perform AP functions including verification, scheduling, and issuing payments
- Prepare daily cash position and AR/AP aging reports
- Analyze and code accounts and cost centers
- Trained new employees to facilitate seamless integration during company growth
AP/AR Coordinator
M&R Precision, Inc.
Elk Grove Village
04.2010 - 11.2022
- Managed accounts payable processes
- Reviewed and entered invoices into accounting system
- Performed 3-way match (PO, invoice, receiving)
- Maintained accurate records and documentation to support financial reporting and audits
- Reconciled AP ledger, resolving discrepancies to ensure accuracy in financial statements
- Managed cash flow and utilized early payment discounts
- Ensured compliance with company policies and regulations, mitigating risks and maintaining operational integrity
- Managed accounts receivable processes
- Generated and issued invoices in a timely manner
- Recorded and applied customer payments (ACH, check, credit card, wire)
- Reconciled AR ledger and performed account analysis
- Resolved customer billing issues and disputes
- Collaborated with cross-functional teams to resolve receivable issues
Education
Business / Marketing
Oakton Community College
01-1996
Krakow University of Economics and Business
01-1994
Skills
- Accounts Payable
- Accounts Receivable
- General Ledger
- GAAP
- Month-End Close
- Financial Reporting
- Account Reconciliation
- Data Analysis
- Excel
Languages
Polish
Professional
Timeline
Staff Accountant
Stratus Unlimited, Inc.
11.2022 - Current
AP/AR Coordinator
M&R Precision, Inc.
04.2010 - 11.2022
Business / Marketing
Oakton Community College
Krakow University of Economics and Business