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Karen M. Foti Resume
24 Toledo Drive
Brick, NJ 08723
Home: (732) 255–0252 karenfoti@gmail.com
SUMMARY (Top Secret Clearance-SCI w/Polygraph)
Accounting professional with 15+ years experience. A hardworking team player eager to learn new tasks,
pays attention to detail and produces quality work. Excellent diversified analytical background that includes
strategic planning and budgeting; cost control; cost accounting; asset management; Earned Value
Management System; account reconciliation; income statement preparation and analysis. Ability to work
independently, strong communication skills. Practical, articulate, and creative with proven ability to solve
difficult business problems.
Software Skills
Database queries
Microsoft Office: Excel, Access, Word, Outlook, and PowerPoint
Financial Systems: SAP and various Budget and Forecast Tools.
PROFESSIONAL EXPERIENCE
NORTHROP GRUMMAN CORPORATION – Financial/Budget Analyst 2008-2014
Provided accurate monthly forecasting of programmatic income statement and balance sheet key lines and
accounts. Submitted monthly variance analysis and supported monthly closing activities by preparing journal
entries to correct financials. Developed Program budget from bottoms up and implemented actions to keep
spending under control. Used project accounting system to set up projects for labor and material. Ensured
Program was in compliance with Security and Financial contract requirements. Provided numerous ad-hoc
report requests from external customer. Assisted with cost proposals and passed DCMA audits. Provided
accurate Earned Value metrics and corrective action plans. Calculated ROI. Generated customer invoices.
CACI INTERNATIONAL,INC. – Cost Estimator/Analyst 2007
Provided HR and Financial support to a DOD Security and Computer Support Division at Fort Monmouth,
NJ. Performed cost data analysis, payroll and spending estimates and budget preparation. Reconciled monthly
statements/submissions to the Government utilizing the CMS financial system. Submitted journal entries,
generated Purchase Orders and processed invoices for payment. Contacted vendors to resolve invoice
discrepancies. Ensured travel expense vouchers met Gov’t regulations. Performed HR duties such as
Departmental liaison/mentor, processing of timecards and on boarding of new employees.
RUTGERS, THE STATE UNIVERSITY Business Assistant, Eagleton Institute of Politics 2006
Analyzed data and prepared internal financial reports. Reconciliation of State, Gift, and Grant Accounts.
Prepared and processed various financial documents. Developed numerous spreadsheets. Submitted Journal
Entries and RIAS Purchasing requests. Assisted in Budget preparation. Performed HR duties including
processing of PAFs,PDRs,Payroll and ARS time reporting system entries. Ensured Rutgers policies and
procedures regarding travel, purchasing, etc.,were in compliance.
Lucent Technologies/AT&T 1986 – 2005
Financial Planning & Analysis
Analyzed product family financials, including analysis/interpretation of Revenue, Cost of Goods Sold,
Margins, Software Capitalization/ Amortization, Operational Expenses and Contribution Margin. Produced
various reports, including Cash Flow Statements, Income Statements, Balanced Scorecards, Portfolio, and
detailed financial presentations, which evaluated performance (Actual results vs. Outlook/Plan) for Senior
Management. Investigated and reconciled expense discrepancies and processed monthly journal entries.
Acted as Job Coach for FLDP Candidate. Familiar with GAAP Practices.
K. Foti 2
Asst. Income Statement Manager
Performed various Corporate Book close activities such as the processing of manual journal entries.
 Simplified Lucent’s Parent Company Income Statement and created financial reports that supported the
Finance community throughout the world, including PWC auditors, Financial Planning Managers, and
Corporate Accountants.
Accounting Professional
Responsible for cost estimates, cost control activities, capital asset/year-end reserve tracking, purchase
requisitions, accruals, and furnished special studies and reports as requested. Acted as Consultant on financial
procedures/practices/codes.
Administrative Assistant 1986 – 1993
Promoted to Sr. Secretary for a Director of Product Management, who was responsible for the division’s
financial reporting. Pursued a Bachelor’s degree in Accounting while working full time. Duties included
answering phones, arranging, scheduling and confirming meetings, maintaining daily calendar.
Education
BS, Business Administration/Concentration in Accounting, Monmouth University, 1998
Certification in Secretarial Science, Taylor Business Institute, 1982
REFERENCES AVAILABLE UPON REQUEST

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k_foti_fa.resume

  • 1. Karen M. Foti Resume 24 Toledo Drive Brick, NJ 08723 Home: (732) 255–0252 karenfoti@gmail.com SUMMARY (Top Secret Clearance-SCI w/Polygraph) Accounting professional with 15+ years experience. A hardworking team player eager to learn new tasks, pays attention to detail and produces quality work. Excellent diversified analytical background that includes strategic planning and budgeting; cost control; cost accounting; asset management; Earned Value Management System; account reconciliation; income statement preparation and analysis. Ability to work independently, strong communication skills. Practical, articulate, and creative with proven ability to solve difficult business problems. Software Skills Database queries Microsoft Office: Excel, Access, Word, Outlook, and PowerPoint Financial Systems: SAP and various Budget and Forecast Tools. PROFESSIONAL EXPERIENCE NORTHROP GRUMMAN CORPORATION – Financial/Budget Analyst 2008-2014 Provided accurate monthly forecasting of programmatic income statement and balance sheet key lines and accounts. Submitted monthly variance analysis and supported monthly closing activities by preparing journal entries to correct financials. Developed Program budget from bottoms up and implemented actions to keep spending under control. Used project accounting system to set up projects for labor and material. Ensured Program was in compliance with Security and Financial contract requirements. Provided numerous ad-hoc report requests from external customer. Assisted with cost proposals and passed DCMA audits. Provided accurate Earned Value metrics and corrective action plans. Calculated ROI. Generated customer invoices. CACI INTERNATIONAL,INC. – Cost Estimator/Analyst 2007 Provided HR and Financial support to a DOD Security and Computer Support Division at Fort Monmouth, NJ. Performed cost data analysis, payroll and spending estimates and budget preparation. Reconciled monthly statements/submissions to the Government utilizing the CMS financial system. Submitted journal entries, generated Purchase Orders and processed invoices for payment. Contacted vendors to resolve invoice discrepancies. Ensured travel expense vouchers met Gov’t regulations. Performed HR duties such as Departmental liaison/mentor, processing of timecards and on boarding of new employees. RUTGERS, THE STATE UNIVERSITY Business Assistant, Eagleton Institute of Politics 2006 Analyzed data and prepared internal financial reports. Reconciliation of State, Gift, and Grant Accounts. Prepared and processed various financial documents. Developed numerous spreadsheets. Submitted Journal Entries and RIAS Purchasing requests. Assisted in Budget preparation. Performed HR duties including processing of PAFs,PDRs,Payroll and ARS time reporting system entries. Ensured Rutgers policies and procedures regarding travel, purchasing, etc.,were in compliance. Lucent Technologies/AT&T 1986 – 2005 Financial Planning & Analysis Analyzed product family financials, including analysis/interpretation of Revenue, Cost of Goods Sold, Margins, Software Capitalization/ Amortization, Operational Expenses and Contribution Margin. Produced various reports, including Cash Flow Statements, Income Statements, Balanced Scorecards, Portfolio, and detailed financial presentations, which evaluated performance (Actual results vs. Outlook/Plan) for Senior Management. Investigated and reconciled expense discrepancies and processed monthly journal entries. Acted as Job Coach for FLDP Candidate. Familiar with GAAP Practices.
  • 2. K. Foti 2 Asst. Income Statement Manager Performed various Corporate Book close activities such as the processing of manual journal entries.  Simplified Lucent’s Parent Company Income Statement and created financial reports that supported the Finance community throughout the world, including PWC auditors, Financial Planning Managers, and Corporate Accountants. Accounting Professional Responsible for cost estimates, cost control activities, capital asset/year-end reserve tracking, purchase requisitions, accruals, and furnished special studies and reports as requested. Acted as Consultant on financial procedures/practices/codes. Administrative Assistant 1986 – 1993 Promoted to Sr. Secretary for a Director of Product Management, who was responsible for the division’s financial reporting. Pursued a Bachelor’s degree in Accounting while working full time. Duties included answering phones, arranging, scheduling and confirming meetings, maintaining daily calendar. Education BS, Business Administration/Concentration in Accounting, Monmouth University, 1998 Certification in Secretarial Science, Taylor Business Institute, 1982 REFERENCES AVAILABLE UPON REQUEST