MAJOR ACCOMPLISHMENTS

• In applying my expertise and strategies I was able to improve cash flow of a mid size business from a borrowing stand point to over $5 million within 1 year. I have increased it to be at the highest around $6-$7 million after 2 years of cash flow control and monitoring.

• I implemented a simplified form of preparing 30-40 closing entries performed monthly which resulted in a reduction of repetitive work and a reduction of time involved for the completion of the task.

• Was able to reduce costs in company budget by 25% by carefully reviewing items that fluctuated significantly and identifying costs that were reduced with supplier negotiations, applying discounts, etc.

ACCOUNTING & SALES TAX SUPERVISOR

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• Perform all AP, AR & GL accounting responsibilities and all related journal entries including payroll & tax entries, prepaid accounts, and depreciation entries for a multinational trading company that provides marketing, sales and service to a range of industrial sectors. 

• Weekly check run with verification of information for accuracy and proper mailing. Average 50 checks a week.

• Improved accounting procedures to simplify the processes while increasing internal controls. Continuous improvement where needed and implement/update accounting manual accordingly. 

• Continuous cash flow control and monitoring. Improved cash flow from 1 million to above 7 million.

• Reduced AR outstanding items to 30 days with consistent follow up and monitoring.

• Recording of daily banking activity as in ACH, wires, internal and external transfers while maintaining 4 checking accounts daily. 

• Month end, quarter and annual close and plan accordingly to be proactive and reduce delays to meet and exceed deadlines.

• Monitoring of prepaid payments and prepaid receipts in general ledger and monthly adjustments as projects close out. 

• Sales tax monitoring and collection of tax-exempt forms from customers. Updating of multiple excel forms and reports to have accurate and complete details of sales taxes on a monthly and annual basis.

• Continuous monitoring of tax compliance for sales tax laws based on each state’s thresholds and laws. Frequent collaboration and tax filing with our outside CPA consultant and General Manager.

• Review and process T&E reports on a weekly basis using Nexonia web interface.

• Consistent collaboration and brainstorming between different departments and divisions.

• Professional and open communication between operations departments and upper management.

• Assist with year end audit, annual close and preparation of financials forwarded to Headquarters in Japan.

   

ACCOUNTING MANAGER

• Responsible for an accounting team of 3 full time employees while provide guidance and coaching for a multinational enterprise engaged in waterborne commerce and is a leading distributor of various commodities throughout the world.

• Update accounting procedures and processes on a quarterly basis. Implement any new changes or new procedures. Cross training implemented when needed and training of new employees.

• Daily processing of wire payments and incoming wires. Verification of bank details while following bank regulations and company procedures. 

• Daily cash flow update. Review 20 checking account balances and fluctuations. Manage Petty cash drawer.

• Oversee the daily data entry of AP, AR, GL entries and adjusting entries into Sage accounting software. 

• AR and AP aging analysis and perform collections beyond 30 days.

• Generated budgets on a quarterly basis and presented to management. Analysis of any significant expense variances.

• Monthly closing of projects completed and partially completed, using the percentage of completion method. Prepare closing entries and record accordingly in Dataloy software. 

• Monthly analysis of closed project's accruals and adjusting journal entries.

• Monthly bank reconciliations of 15 bank accounts.

• Monthly intercompany consolidation.

• Analysis of borrowing requirements when needed.

• Monthly and yearly financial reporting and analysis. Present financial reports to management meeting deadlines promptly.

• Coordinate year-end financial audit and assist in the audit process.