Los Angeles

Finance

Senior Experience Level

PROFESSIONAL SUMMARY:

Senior Finance and Accounting Consultant                      2012 to PRESENT

Large Global Entertainment Company (13 Bil) Burbank                                                          

• Consolidated and analyzed operating budgets for the business units

• Updated and consolidated quarterly forecasts and performed financial analysis/comparison

• Reviewed month-end and quarter-end financial reports and performed analysis

Large Global Multinational Record Label (4 Bil) Los Angeles                                   

• Analyzed and prepared overhead budget and forecast for Large Music Label Music Production Company

• Analyzed and prepared budget and cash flow projection on advances and options on licensing and publishing deals for Large Music Label Music Production Company

• Reconciled royalty receivable and payable by client

• Assisted with month-end and quarter-end close

Large Global Entertainment Company-Consumer Products and Interactive Media            

• Assisted with the Financial Reporting of Consumer Products segment financial results

• Assisted with the completion of P&L Corporate deliverables

• Assisted with preparing packages for presentation to executive management

• Liaised with reporting business units and regions on various projects

• Coordinated and assisted with Minimum Control Standards on a quarterly basis for Consumer Products Division

• Prepared the management reporting for the Client retail store business unit, Global Retail and Global E-Commerce financial results; reviewing, analyzing and consolidating reporting unit’s P&Ls, Balance Sheet and supporting schedules

• Prepared and coordinated completion of the inventory metrics for retail accounting and Consumer Products Division accounting services on a quarterly basis

• Prepared and/or assisted with the Global Retail and Global E-Commerce Reporting Package, Global Retail deck, Corporate deck, presentations and other financial results, as deemed necessary

• Participated in and/or assist in process improvement efforts for Global Retail and Global E Commerce

• Streamlined processes to effectively report results to upper management and Corporate

• Provided support and assist with ad hoc requests/special projects for Global Retail, Global E-Commerce, Financial Reporting Services and new Global initiatives

• Maintained documentation for business processes

• Researched technical accounting issues as deemed necessary

Global Large Entertainment Company - Shared Services Division, 2010 – 2012 -
Director of Reporting, International Finance                                                

• Responsible for all aspects of roles within International Finance Group, in addition to the added in-depth roles.

• Established strategic foundation for the newly created International Enterprise Financial Services group; create multiple time-zones calendar, design new reporting packages, assess roles and responsibility, staffing, etc.  This is a group of internal shared services that managed the outsourcing of accounting roles to India.

• Effectively lead the team of six highly productive staffs based in US with frequent travels and team of 18 in the service outsourcing center within the outsourcing model.

Financial Statement Reporting and Close:                

• Oversaw all aspects of close processes and day-to-day operations performed by three time-zones parties; EFS (US), Business Process Outsourcing/BPO (India), Territories (Asia).

• Ensured standardization of close processes and scopes where it is visible among the territories.

• Communicated effectively in real time in providing update to the senior management in territories and US Business Process Outsourcing (BPO) Management:

• Provided leadership to the operation of 18 resources in the outsourcing center that perform 80% of accounting processes.

• Oversaw the management of Desk Top Procedures (DTP) provided by BPO from documentation to quality control by ensuring that the DTPs are dynamic, include check point, in compliant to US GAAP and Company policies.

• Provided performance feedback to the BPO, identify areas of improvement, and see through any improvement plans.

• Collaborated with the BPO senior management in transitioning new scope and continuous process improvement including process standardization with the goal of gaining efficiencies.

Global Finance Transformation:        

• Transitioned accounting roles from international affiliates to the outsourcing model while transferring the controllership responsibility to US.

• Established and developed strong relationships with territory CFOs, Corporate, BPO, MIS, Business Units, Tax, Treasury, and International Corporate Finance Senior Management.

• Primary point of contact for territory finance organizations. In addition, primary point of contact for related BPO activities done for the international territories.

• Handled territory and BPO issues that arise including problem diagnosis and resolution while selectively escalate issues to senior EFS management.  

Supported New Initiates:                   

• Participated in Executive Steering Committee in determining key design to the Accounting Reconciliation Tool and Standardization and be the subject matter expert in the multi-currencies reconciliation design.

• Initiated the Reporting Package project with the goal to run the reports globally in a fully automated environment. Ultimately these reports can be executed by one group within BPO organization to take advantage of the economics of scale.

Independent Consulting                                                                                2002 - 2009

Large Global Entertainment Company – International Finance Group

• Reviewed and analyzed the financial statements and activities of client’s major European territories including BS review, analysis of divisional reserves and allowance calculations, income tax calculations, P&L variance analysis, analysis of accounts receivable aging, currency translation adjustment calculations, verify P&L foreign exchange amounts for reasonableness.

• Performed periodic review of transfer pricing and service fee calculations to ensure that amounts are calculated according to underlying agreements.

• Prepared detailed balance sheet analysis on a quarterly basis for review with Senior Management.

• Compiled and reviewed contingent liabilities/issues list for quarterly review with Senior Management.

• Ensured reporting from European territories is consistent and compliant with IFG, FRB and Divisional policies and directives.

• Worked with home office and Territories to determine accounting treatments for new acquisitions, dissolution of businesses, and new business initiatives in the territories.

• Conducted periodic conference calls with European Territory controllers and Divisional Finance staff to discuss reporting requirements, open issues, etc.

• Reviewed and approved master data requests as they relate to the international territories.

Large Global Entertainment Company- Home Entertainment Marketing

• Uploaded marketing budget into SAP, analyze marketing spending actual vs. budget vs. commitment by title for home video group.  Prepared monthly accrual for

• Documented Sarbanes Oxley controls and process procedures.

Large Global Entertainment Company North American & International, Home Entertainment North American & International

• Reviewed and analyzed the financial statements and activities of Int’l territories including balance sheet review, P&L and SG&A variance analysis, analysis of participation and residual liabilities, print rebate, etc.

• Consolidated monthly cash flow forecast including preparation of Theatrical’s home office forecast.

• Prepared P&L and cash flow forecast analysis in PowerPoint for review with senior management.

• Prepared quarterly close schedules i.e. participation and residuals, fixed asset, reserve and deferrals, prepaid, inter-company schedules, tax package, overhead, and balance sheet hedging as well as compliance reporting for various governmental requirements for US and Canada.

• Reviewed subsidiaries income statement and balance sheet for reasonableness, recorded joint venture financials and sub-distributor revenue and expense monthly into SAP.

• Document Sarbanes Oxley controls and process procedures.

Global Water Distribution Company

• Provided financial support for Finance during pre-merger phase (combination with Suntory).  Work includes financial requests from investment banker; prepare pro forma/carve-out financial statements, cash flow forecasting (including daily disbursement/receipts) as well as seven-year P/L projection for the combined company, and ad hoc reports/presentations.

• Prepared financial statements for DANONE Group (parent in Paris) in Carat format and US GAAP format for Controller.

• Assisted in the integration of Sparkling Springs into DANONE for all reporting requirements.

• Developed budget consolidation model (P/L, B/S, C/F) with cost center level detail of P&L.

• Drafted financial presentation (budget, forecast) for CFO and President; final product presented to DANONE Group executive management in Paris.

• Assisted and prepared reports for auditor and tax department. 

Large Theatre Chain                                                 2002

Director of Accounting and Finance

• Managed monthly and annual financial reporting and closing processes.

• Developed various financial reports for management and parent company.

• Coordinated the conversion from JD Edwards World to JD Edwards One-World.

• Oversaw operating expense escalation, CAM and escalation calculations and annual reconciliation.

• Maintained and monitored quarterly cash flow and projections including capital expenditures.

• Directed and reviewed the annual operating budget process for sixty properties.

• Coordinated construction loan draws to insure availability of funds for timely payments.

• Managed staff of 4 accountants, accounts payable and accounts receivable personnel.

Large Retail Chain Inc.                                                                                    2000 - 2002

Manager of Financial Reporting – International Division

• Prepared monthly reports including balance sheet, cash flow, gross profit and sales and credit returns.

• Analyzed all aspects of operations: performance by country, exchange rate impact, results of operations – gross margin, accounts receivable turnover, advertising and premium expenses, store pre-opening costs, inventory and reserves.

• Developed analytical reports for inventory costing, accounts receivable reserve, inter-company reconciliation.

• Provided US GAAP reporting guidance to local management including capital lease and hedging.

Commerical Real Estate Company                                                                                 1997 - 2000

Manager of Financial Reporting – Corporate

• Decreased the monthly reporting time frame from fifteen to ten days.

• Reviewed and supervised the completion of multi-level consolidated financial statements including balance sheet, income statement and cash flow statements.

• Reviewed and adjusted international financial to US GAAP reporting requirements such as currency translation, inter-company loans, and intangibles.

• Prepared quarterly board package for presentation and special projects.

• Developed and implemented inter-company policies and procedures for billings, settlements and overhead allocation.

• Performed fluctuation analysis of consolidated financial results.

Real Estate Service Company                                                           1995 - 1997

Manager – Asia Pacific Division                                                                                            

• Company acquired by CB Richard Ellis

• Oversaw the accounting and finance functions for Koll’s Asia Pacific division and reported to the Divisional President.

• Planned, coordinated and prepared quarterly forecasts and annual budgets.

• Prepared monthly cash projections, developed and executed financial strategy to use funds effectively.

• Analyzed all aspects of operations: country performance, exchange rate impact, and results of operations – property/facility mgmt, corporate advisory and departments.

• Performed due diligence for acquisitions of various companies and prepared summary reports and recommendations for President/CEO.

• Implemented the integration and reporting requirements of acquired companies.

• Assisted in administration of salary and personnel policies for Asia Pacific division.

• Coordinated tax filing of expatriates and ensured that expatriate policy is in compliance with various countries’ statutes.

Big Five Accounting Firm                                                                                 1992 - 1995

EDUCATION AND CERTIFICATIONS

• Bachelor of Science – Accounting

• California State Polytechnic University

• Certified Public Accountant, State of California

TECHNICAL SKILLS

MS - Excel, Access, Word, PowerPoint; SAP, PeopleSoft, JD Edwards, Platinum, Frango and Carat

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