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Management Accounting

Location:
Potomac, MD, 20854
Posted:
October 06, 2010

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Resume:

EXECUTIVE FINANCIAL OFFICER / CONTROLLER

Start-up, Turnaround & High-Growth Organizations

Distributor & Manufacture / High-Tech & Government Contractor

QUALIFICATIONS PROFILE

Solution-oriented, multifaceted Senior Financial Executive with

demonstrated expertise in building top-performing organizations.

Outstanding accomplishments in business start-up, turnaround, and

financial/operational management across diverse industries, reinvigorating

organizational infrastructure, inventory, processes and financial

measurement systems. Delivered strong and sustainable cost efficiencies

through process redesign and performance management.

Core Competencies

Setting Up/Rebuilding Financial Systems

Forecasting, Reporting & Analysis

Corporate Finance & Asset Management

State/Federal Regulatory Reporting

Internal Control & Risk Management

Staff Management & Performance Building

Strategic Planning, Execution & Management

Budgeting & Cash Flow Optimization

Banking/Finance Liaison/Negotiation

Government Contract Compliance

Evaluation/Monitoring of Insurance Needs

Shareholder Communication

PROFESSIONAL EXPERIENCE

2009 - Present iControl Systems USA, LLC.

Rockville, MD

Assistant Controller

iControl is the leading provider of newspaper billing consolidation, SBT

and category support services in North America. iControl has roots that go

back 65 years in the periodical business. We understand the business from

all angles, making us a partner our clients - such as CVS, Safeway, Barnes

& Noble, and others, can count on for the long haul. The revenue is around

$200 million. www.icontrolusa.com

Responsibilities and Achievements Include:

. Develop and periodically update all budgets and financial projections

for management team;

. Process monthly & annual accounting closes, produce financial

statements along with related financial performance evaluations and

detailed analysis;

. Initiated and developed performance evaluation / cost analysis

methodology and analytical tools required to establish financial

responsibility goals for each functional area and to monitor the

performance of each team and its members.

. Produce all required tax filings, manage all corporate insurance

programs and monitor compliance with federal, state and local

governmental requirements.

. Oversee human resource department and its activities;

. Communicate with the board of directors, stockholders, etc.

2008 - 2009 Watkins Meegan Drury & Company, LLC.

Vienna, VA

Senior Accountant

Watkins, Meegan, Drury & Company, L.L.C. (Watkins Meegan), is a certified

public accounting and consulting firm, which is ranked as the 11th largest

CPA firm in the metropolitan Washington, D.C. area and a top 100 CPA firm

in the nation. The firm provides traditional accounting, auditing, and tax

services as well as business and financial advisory services, internal

auditing, outsourcing, litigation support and business valuations,

information technology, healthcare, and other related services.

www.watkinsmeegan.com

Responsibilities and Achievements Included:

. Completed the largest consulting engagement in the history of Watkins

Meegan's Virginia office. The engagement involved a Virginia based C-

corporation that had experienced a large embezzlement of funds.

Conditions in the client's office included the misstatement, confusion

and general disarray of Company records that often accompany internal

theft situations as dishonest employees attempt to hide what they have

done. During this engagement, I served as the client's controller,

while other Watkins Meegan team members fulfilled the business's

remaining financial roles and responsibilities. In addition to day-to-

day accounting and financial requirements, we conducted a full

forensic audit of the client's books and records dating back three

years. During the engagement, I personally discovered and corrected

more than $1,000,000 in equipment sales that had not been recorded.

As a result, the client recorded these previously unrecorded sales and

collected the related customer cash payments. To prevent a repeat of

such occurrences in the future, I also produced standard operating

procedures to govern the receipt, security, handling, shipment and

invoicing of equipment sale activity, as well as the related

maintenance of equipment sale accounts receivable and their subsequent

collection. As a result of our efforts, the client's financial books,

records and financial statements have become reliable and usable as

management tools, and the Company has become profitable.

. Helped several Watkins Meegan government contractor clients review

their books and records, and provided business analysis, as necessary.

. During tax seasons, I also worked with Watkins Meegan's tax department

to provide client tax plans and to produce client tax returns for C-

corporations, S-corporations, trusts, partnerships and individuals.

2005 - 2007 ProcessFlo, Inc.

Edison, NJ

Controller

ProcessFlo is a leading distributer of pumps and pumping equipment in the

northeastern United States with revenues totaling approximately $40 million

in 2007.

Responsibilities and Achievements Included:

. Reported directly to the president. Supervised the accounting and

internal administrative departments. Managed / supervised a staff of

four.

. Reviewed all transactions daily, maintained accounting system and

handled all accounting issues including those related to general

ledger, accounts payable, accounts receivable, internal control, cash

flow, monthly and annual accounting closes, taxation, etc.

. Negotiated contracts including those related to the purchase of

inventory and the shipment thereof.

. Managed work-in-process accounting. Produced annual budgets and

updated same monthly to account for changes in business trends.

Responsible for customer relationship management including the

approval of customer credit accounts, the setting of credit limits and

subsequent collection of accounts receivable. Also managed supplier

relationships and handled legal activities;

. Developed new productivity standards and tracking methods used to

establish and monitor the performance of individual sales personnel.

These new methods and standards replaced those used at ProcessFlo and

throughout the industry for more than thirty years. The new methods

and standards continue to be used by management and stockholders to

evaluate performance and productivity.

. Developed standard operating procedures, which covered all corporate

departments and functions. Known within ProcessFlo as the "Bible",

these procedures introduced concepts widely used in high-tech

companies, but not generally used in the manufacturing and

distribution industries.

2002 - 2005 Gong Shing Corporation

Philadelphia, PA Gong Shing is an Asian held real

estate development and property management company, with nine subsidiaries

whose primary offices are located in Pennsylvania, Florida and Missouri.

Most Asian supermarkets in Philadelphia, PA were developed by Gong Shing.

Vice General Manager & Controller

. Supervised accounting record/report program for the headquarters and

its nine subsidiaries;

. Reviewed large real estate investment opportunities for the HQ and

subsidiaries;

. Responsible for negotiations related to the acquisition of large

properties and projects;

Accounting Supervisor

. Responsible for all accounting activities at headquarters and

supervised 3 staff accountants;

. Reviewed financial reports for several subsidiaries;

Assistance to President

. Handled accounting report/taxation for the headquarters;

. Dealt with property management programs in Philadelphia.

2002 Accountemps, Inc.

Philadelphia, PA

Senior Accountant

. Maintained General Ledger & prepared monthly financial statements;

. Prepared budget and verified its implementation;

1992 - 2000 Beijing Zhenxing Feedstuff Corp.

Beijing, China

Co-founder & President

Founded in 1992 by four young college graduates with an initial

capital investment of 700 Yuan (less than $100), Beijing Zhenxing Feedstuff

Corp. produced animal foods in a suburb of Beijing, China. After several

years of hard work and business success, Beijing Zhenxing Feedstuff Co.

operated one animal food factory and five farms raising about 20,000 pigs

annually. The Zhenxing brand of animal foods became a household name

throughout eastern China. By 2000, the company's valuation exceeded 5

million Yuan (0.6 million U.S. dollars) with revenues totaling 10 million

Yuan (1.2 million U.S. dollars).

EDUCATION & PROFESSIONAL DEVELOPMENT

Master in Accounting Rider University May 2004 Lawrenceville, NJ

BS in Physical Tsinghua University July 1990 Beijing, China

Chemistry

AFFILIATIONS & PROFESSIONAL MEMBERSHIPS

Board Member: The Chinese Scholar Friendship Associates

The CSFA is a NY registered non-profit organization to improve

Sino-American culture exchange and devote to improvement of

human rights and democracy in China.

Director in Public Relationship: The Chinese Finance Association

The Chinese Finance Association (TCFA) is a registered non-

profit organization aimed at facilitating the exchange of ideas,

knowledge and information on education, research and practice in

finance and related areas between the US and China. TCFA seeks

to bring together the collective wisdom and expertise of

scholars and professionals active in the field of finance in an

effort to help the development of capital markets in China. TCFA

further seeks to serve as the central venue to service its

members in their professional development.

Member: Beta Alpha Psi.

BA? is an international honorary organization for accounting,

finance and information systems students and professionals.



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