Accounting Accounts Payable

BAO PHAN

Lake Forest,

CA *****

Home: 949-***-**** - Cellular: 949-***-****

***.******@*****.***

CAREER SUMMARY

Senior accounting professional with extensive experience in corporate

accounting on all aspects of month end, quarter end and year end.

Demonstrated strengths include financial statements analysis,

reconciliation of general ledger and research/adjustment. Results

oriented focus with flexibility and integrity.

PROFESSIONAL EXPERENCE

- Coordination of year end tax-package - Experienced user of

complex accounting software

- Creation of complicated expense reports -Efficient & comprehensive

responses to auditors

-Nationwide filing of personal property tax -Reconciliation of intra and

inter-company accounts

FEDERAL DEPOSIT INSURANCE CORPORATION Irvine, CA 03/ 2009-01/2012

+

Resolutions & Receiverships Specialist

Proforma Support on bank closings at the bank sites: research,

adjust, and confirm the balance of the assigned balance sheet accounts to

establish the beginning balance for the buyers upon the acquiring process.

Processed REO properties' monthly accounting transactions and created

several individual financial statements.

ACCOMPLISHMENT:

Participated in twenty seven closings, handled various accounts as

receivable, accruals, prepaid, inter-company, cash, FHLB stocks, deferred

rent, deferred loan fees, loan loss allowance, capital stock. This

includes researching, reconciling, adjusting, and confirming the bank

balance sheet accounts to form a new one as of closing date for the buyers.

Created reports to effectively confirm, validate, and reconcile the

contractor figures to ensure the accuracy before posting to the general

ledger.

Research and resolve the errors on contractors' reports.

Manage to meet both the month end deadline tasks at the office and the

demanding travel schedule of closings.

Received Mission Achievement Award.

TEMPORARY ASSIGNMENTS 2008-2009

Senior Accountant:

Worked for Property Management and Law firms: Prepared journal entries

and financial statements.

OPTION ONE MORTGAGE, IRVINE, CA 1997 - 2008

Corporate Senior Accountant

. Managed month end close: journal entries, account analysis and

reconciliations, financial statements analysis, foot note and review to

ensure compliance with GAAP. Created detailed monthly and year-to-date

expense reports for senior management; reconciled intra- and inter-company

accounts.

. Safeguarded rent account: Straight line rent expense and rent on

early exit locations according to FAS13 and FAS 146 guidelines.

. Prepared quarterly roll-forwards and quarterly SOX items.

. Filed tangible property taxes and various business taxes for more

than fifty offices.

. Conducted year end tax-package for the company: coordinated,

compiled data and created various reports for professional income tax

preparers.

. Handled different tax issues from various cities and states by phone

and managed the on site audits.

ACCOMPLISHMENT:

Researched and corrected the miscoded transactions to produce an accurate

financials statement to comply with GAAP.

Created detail monthly/year to date analysis reports on complex accounts to

see their actual activities trend per cost center, per month and per

vendor.

Ended the on site and off site audits agreeably within a short time.

Accomplished multi tasks for year end dead lines efficiently.

Corporate Staff Accountant

. Reconciled, researched corporate advances and requested the

reimbursements from the investors.

. Prepared monthly REO and foreclosure properties report.

. Managed month end close, tangible property taxes filings and year end

tax-

package.

ACCOMPLISHMENT

Initiated the set up of corporate advances reconciliation and recovered the

first $200,000.00 within three months.

TRINITY FINANCIAL SERVICES, Newport Beach, CA 1994 - 1997

Accountant

Managed accounting for foreclosures and ORE sale transactions for several

financial institutions including journal entries, accounts reconciliations,

adjustments, and prepared weekly property status reports.

ACCOMPLISHMENT

Researched and resolved anomalies.

FIRST STATE MORTGAGE, Irvine, CA 1993 - 1994

Accounting Manager Assistant

Responsible for accounts payable, loans funding and fees break down,

investor trust accounts, journal entries, general ledger, account

analysis/reconciliations, and preparing daily cash flow.

HEALTH DATA PROCESSING, Orange, CA 1988 - 1993

Senior Accountant

Responsible for fixed assets, payroll, accounts payable, commissions, trust

account, cash flow, bank reconciliations for several accounts, journal

entries, general ledger, accounts analysis and reconciliations, financial

statements for several sets of books, and financial reports.

COMPUTER SKILL

Experienced user of PeopleSoft, Excel (including pivot table, V/Hlookup,

if, what if, and other functions), Outlook, Microsoft Word for Windows,

MAS 90, Platinum, QuickBooks, Integral, CPI.

OTHER CERTIFICATES AND ON LINE CLASSES

H & R BLOCK Tax Certificate.

Receivership Accounting Allowance for Loan

and Lease Losses

Receivership Oversight Line business of

Risk Management

Critical Communication for Examiners Mortgage Lending

Bank Secrecy Act Introduction Loan Underwriting &

Appraisal

Internal Review Loan

Origination

EDUCATION

BA in Accounting - California State University Fullerton, Fullerton, CA

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