Fashion

Lifestyle

ASSISTANT CORPORATE CONTROLLER

Proactive seasoned financial accountant with diverse background industry experience with proven results. Manage finance/accounting teams for companies with revenue ranging from $300-$400mm in annual sales. Understands businesses, processes, and talent team building. System implementation success, reduced month-end closing process deadline requirements, and full charge in all accounting/finance operations.

Directly report to the Chief Financial Officer. Manage accounting and financial functions for the related corporate entities
and subsidiaries of an industry leader in the aluminum extrusion business.
Key Duties:
? Financial statement preparation with footnotes and consolidations of each operating subsidiaries. The company
controls 18 subsidiaries in the US.
? Financial analysis and review of the cost systems for accuracy.
? With the direction of the CFO, supervises the corporate and subsidiaries accounting teams.
? Responsible for month-end closing including accruals, allocations and GL account reconciliations.
? Ensure the complex inter-company activities are reconcile timely between the subsidiaries.
? Trained staff on the Oracle system and ensure entries are processed accurately.
? Assist with the year-end closing and annual GAAP audit with external auditors.
? Maintain schedules for prepaid taxes and amortizations.
? Maintain the entire company’s fixed asset system.
? Worked closely with the General Managers to analyze multiple cost centers and make recommendations for cost
cutting measures to improve operating margins.
Accomplishments:
? Effectively reduced the month-end closing process from 20 days to 8 days.
? Introduced a more efficient process to reconcile the complex inter-company transactions which comprised of an
average $10 million per month.
? Successfully implemented the Oracle ERP system onto the company’s subsidiaries that was on the legacy system.
? Implemented a new benefits reconciliation process for the Human Resource and Payroll departments to ensure
benefit enrollments and payroll deductions are more accurate. This resulted in company savings by identifying
irregularities.
? Implemented a new reconciliation process for the sub-ledgers to the general ledger.
? Implemented a team crossing training program for the accounting department.
? Implemented an additional internal control process to the company’s subsidiary accounts payable department
relating to receiving and purchase order matching.

Promoted to Accounting Supervisor and took charge in a more effective leadership role in the company’s organization. Full
charge with the general ledger, accounts payable, accounts receivable, billing, payroll, inventory, cash management,
foreign exchange transactions, imports, property tax, internal controls, procedure documentation and write-ups, and fixedasset
in accordance with GAAP standards. Working under the direction of company’s Chief Financial Officer and served as
the key member in the accounting and finance department.
Key duties:
? Responsible for the timely completion and accuracy of month-end closing processes and financial reporting deliverable of
consolidated financial statements for parent company, operating divisions, and subsidiaries.
? Monitor the cost system for variances and provide assistance to various departments to main the integrity of the job cost
records.
? Full charge with the company’s annual financial GAAP and bank audits including preparation of account schedules with
support documentations, lease commitments, roll forward schedules, flux analysis, cut-off documentation, internal control
walk through, apportionment, and various requirements.
? Review and approve monthly and quarterly sales and use tax returns for 20 jurisdiction states.
? Prepared weekly cash flow analysis for the CFO based on projected incoming cash receipts and cash disbursements
? Prepared bank covenants reporting requirements by the company’s commercial bank
? Reconciled all balance sheet accounts on a monthly basis
? Assist the CFO with the budgeting and forecasting modeling and analysis
? Mentor and train department staff
? Review and approve cash disbursements from accounts payable
? Prepared and review low margin by item analysis and report results to the respective department managers
? Prepared and review inventory analysis to ensure perpetual data reconciles with the general ledgers for all distribution
centers.
? Review the purchase price variance reports and address discrepancies between the cost system and vendor purchases
to ensure accuracy in the inventory valuations including bills of material for the manufacturing operations
? Review the manufacturing work-in-process reports and address timely closing of scheduled work jobs
? Identify and implement process improvements with the Oracle developing team: streamline sub-ledger posting and
testing of new reports and database during upgrades and migrations of servers. Serve as the key accounting personnel
for Oracle setups and validation of processes.
? Enforce adherence to the company’s internal control procedures and provide recommendations in areas of weakness
Accomplishments:
? Successfully implemented a cross-training program within the accounting/finance team.
? Successfully implemented the Remote Deposit with banking institution to automate check deposits in which the company
was able to increase fund availability.
? Successfully implemented Positive Payee feature with banking institution to reduce the risk of vendor check frauds.
? Assist with the implementation of automated processing for Accounts Payable freight invoices through EDI (2,000
invoices per month)
? Keep the company accounting books well organized and clean in which resulted in positive opinions from independent
audit firm for the past 5 years.
? Created a culture of open communication by establishing bi-weekly staff meetings to address problem areas, review
current projects and progress made on old projects.
? Successfully manage and supervise a team of 7

ACCOUNTING MANAGER

Find out detailed information about ETHAN LE, ASSISTANT CORPORATE CONTROLLER in SOUTH EL MONTE, CA

ETHAN LE: ASSISTANT CORPORATE CONTROLLER in SOUTH EL MONTE, CA

ETHAN LE

UNIVERASL MOLDING COMPANY

AMERICAN DAWN INC

CALIFORNIA STATE UNIVERSITY OF FULLERTON