Her Story
About Loren
I have been working in accounting for about 20 to 22 years, and I currently serve as a Senior Cost Analyst Supervisor at MARTA, the transit system in Atlanta, where I've been in this position for two and a half years. I supervise a team of four, including an investment accountant, a lease accountant, and two accountant assistants. My team handles the investment pieces, booking investments and leases, and one team member books all the travel for the whole authority. I review their work, approve their entries, and we spend months from June through December working on a huge government book for our year-end audit. Before MARTA, I worked for Georgia Pacific doing project accounting with a focus on implementation and process improvement. One of my biggest projects there was implementing a collection system that helped them collect over a million dollars in past due invoices in less than six months. I also took their month-end close process from five days to two days through process improvement, and I worked on a massive project where we brought in billing and accounting work from 50 locations and streamlined everything to the point where all you had to do was press a button. I kind of landed in accounting back in high school during my junior year when I started working at a credit union to get extra credit, and that led me into a financial background. I earned my bachelor's degree in finance and my master's in business management with a concentration in project management from Columbia Southern University in Alabama, and I also have my associate's degree in paralegal studies. Recently, I've been moving in a different direction after starting an athletics club to learn tennis. I became the tennis president and started curating events, making partnerships with companies like Fabletics and tennis facilities. With my finance background, I can speak to numbers when negotiating and making partnerships, and I can see myself moving into an event director partnership type of role in the next five years.
Her Interview
Ten minutes with Loren
01What’s the best career advice you’ve ever received?
One of my former managers always talked about how good I am in accounting and multitasking, but she also always thought I had a personality to do events and things like that, because I've always done that in my group settings. When we have events in the office or at work, I was always the one that would plan them. She told me, 'Hey, you know, maybe you... have you ever thought about looking into this, too, as a career?' I've also been given advice to go into law, which I've considered because my grandfather was an attorney and I have my associate's degree in paralegal studies. But when I finished my bachelor's degree, my son was still kind of young, and I just couldn't make the decision of missing a chunk of his elementary years and life to go to law school. I chose to be present with him through his growing up, and I thought maybe if I ever wanted to do law school, I would do it once he got older, which he's now in his twenties.
02What advice would you give to young women entering your industry?
Coming into accounting, I would say there are so many different areas of accounting, so find a company that is interesting for you. Where you are in accounting, what area, what company matters because accounting is accounting, but the industry makes a difference. For instance, MARTA is transportation, where Georgia Pacific was paper. I've worked at other companies where the environment was fun, because accounting can be very redundant. Sometimes it can be like, 'Ugh, is this the right place for me?' It can be boring at times, so I say find a company where their industry is passionate for you, it's a fun industry for you. I would definitely look into the industry that you want to work in doing accounting, because that does make a difference.
03What values are most important to you in your work and personal life?
The most important thing to me about being an influential woman is how you touch other people, and how you touch other people's lives, and how you can be an influence or a model to them. There have been a lot of influential people in my life, from my mother to my aunt to just friends. I think, just as women, it's important - I think it's almost some of our duties to be an influence to other women. In my current role, I've always wanted to be a supervisor or in a leadership management role where I would give my staff what I never received in a supervisor, meaning helping them grow in their role, helping them just advance and see their future, and just leading them further than what they could see for themselves. I've accomplished that so far in the two and a half years - four of my employees have all been promoted.
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