Management Accounting
Resume:
Atul Maithel, CPA
Calabasas, CA 91302 abgz34@r.postjobfree.com
A result- oriented management professional with over twenty years of
progressive finance, strategy and financial system experience with a proven
record of success. Sees the big picture and plans appropriate strategies to
achieve results. Well disciplined with proven ability to manage multiple
assignments effectively under pressure while meeting tight deadline
schedules. A strong understanding of budgeting and forecasting processes.
Led, and implemented numerous large projects including system conversions,
acquisition integration, and accounting centralization.
General Accounting Sarbanes-Oxley (SOX)
SEC Filings (10-K,10-Q)
Budgeting / Forecasting Management Reporting,
Financial Analysis
Strategic Planning Financial Systems
Support Mergers & Acquisitions
GAAP Staff Management
Cash Management
Quick learner, who uses core values of integrity, respect and commitment to
create an optimum productive team environment.
Professional Experience/ ACCOMPLISHMENT
Health Net, Inc., Woodland Hills, CA
(03/1998-Present)
Manager, Finance - Corporate Finance & Accounting
(10/2002 -Present)
Supervisor, Finance
(03/2000- 10/2002)
Sr. Financial Analyst
(03/1998-03/2000)
Responsible for overseeing all aspects of accounting and financial analysis
for the HN Pharmaceutical Services (HNPS), subsidiary of Health Net
turnover of approximately $1.5 billion and S,G & A analysis and reporting
for the company amounting to $2.1 billion annually . Health Net annual
revenues exceed $14 billion with over 5 million medical members and employ
around 10,000 associates.
> Responsible for month-end close cycle, variance analysis and
management reporting.
> Review and discuss financial results with top-level management on a
monthly basis. Discussions centered on financial performance relative
to key measures, forecast, budgets and variance fluctuations.
> Manage all audits conducted by external auditors, internal auditors
and regulators.
> Hiring, development, training, and management of a team of five Senior
Financial Analysts and a Supervisor.
> Demonstrated hands on management style in the development of financial
reports in Hyperion.
> Allocation Administrator: Led a cross-functional team to allocate S,G
& A expenses to various product lines through Hyperion Systems. The
new model allows for more automation, stability, and security. It
simplifies the allocation process, reduces processing time by
eliminating various manual calculations and increases visibility of
data.
> Ensure monthly that SAP and Hyperion system are in sync. Make sure
that all cost centers (around 1650) have the methodologies in the
system and all drivers values are in place in order to allocate S.G &
A properly.
> Effectively communicates directions, commits people to actions, and
conveys complex information in easily understood formats.
> Centralized accounting & analysis functions from various regional
areas to California without any impact to regions and without
disruptions to overall operations. Centralization reduced FTE
requirements, streamlined reporting, allowed implementation of best
practices and centralized the point of contact for various areas.
There was an overall savings of $5 million annually due to
centralization of accounting.
> Converted several divisions from legacy general ledger systems to the
company's common platform (SAP). Coordinated between various
departments, transfer of historical data, development of new financial
reports, revision of processes, procedures and assured effective
internal controls related to financial reporting and analysis.
> Implemented various process changes that reduced the close cycle by 11
days (16 day close to 5 day close). Process involved redesign of
various processes and procedures, increased automation, development of
best practices and creation of a close calendar with detailed
deliverables and timelines. Estimated overall savings of $7 million
annually.
> Implemented Sarbanes Oxley Act by working very closely with E & Y.
Atul Maithel, CPA
> Strong SAP implementation and project management experience in General
Ledger, Accounts Payable, Special Purpose Ledger, Asset Management,
Cost Center Accounting, Internal Orders, Profit Center Accounting,
Consolidations, and SAP Queries.
> Data Conversions, Uploads and Migration. Modules involved: FI, and CO.
> Worked closely with SAP consultants to build an interface between SAP
and ABS system.
> Converted Ross general ledger systems/Great Plains to the SAP.
> SAP super user and completed four advanced level courses in SAP.
> Developed assessments model in SAP to allocate S,G& A for more than 29
entities by product line.
> Responsible for revenue and healthcare cost of Health Net of
California. Created and posted journal entries, analyzed and commented
on variances between actual and forecast. IBNR entries were
automated.
Culver City Ambulatory Care Center, Inc., Culver City, CA
Controller
Aug 1996- 1998)
Responsible for overseeing all aspects of accounting and financial analysis
for the medical center.
> Financial Management including: financial statements, A/P, general
ledger, taxes & cash management.
> Prepared monthly budget and variance analysis.
> Preparation of payroll through ADP
> Closely monitored the pricing and inventory of medical and office
supplies.
> Worked closely with the Director of operations in the budgeting of new
accessible projects.
> Supervised Accounts receivable department.
> Maintained open lines of communication between vendors, patients and
outside CPA's.
> Emphasized on implementing effective cost reductions to maximize
productivity and profits.
Murray J. Blank & Associates, Los Angeles, CA
Senior Staff Accountant
(Feb., 1993 - Aug. 1996)
Reported to the principal of CPA firm.
> Responsible for preparing various types of financial statements,
including reviews and compilations.
> Prepared tax returns for corporations, partnerships, individuals,
trusts and non-profit organizations.
> Reviewed/prepared payroll and sales tax returns.
> Developed and maintained open lines of communication with clients.
> Assisted bookkeeper in setting up books on computers.
> Supervised bookkeeper in preparing Balance sheet, Income statement and
Cash flow statement.
> Experienced in cost reduction techniques and saved thousands of
dollars for various clients.
Ernst & Young, Delhi, India
Senior Accountant
(Sept., 88 -Aug., 92)
> Developed audit plans, evaluated accounting operations, and
coordinated all field work for this Big Four public accounting firm.
> Recruited, hired, supervised, and trained new staff accountants.
> Delegated assignments, and evaluated staff performances.
> Prepared tax returns and conducted tax research for Corporations and
Individuals.
Professional Licenses & Education: Certified Public Accountant, Feb., 1995
(Active)
Chartered Accountancy, India, 1986
MS, Accounting, 1981
Computer Skills: SAP, Hyperion/Essbase, Risk Navigator,
Paisley GRC Tool, MS Office Suite,
Prosystem FX, Tax Tools, Client Accounting
System, Accpac, Ross Financials, Great
Plains, Programming in Visual Basic.
Membership: American Institute of Certified Public
Accountants, 1996-2011.
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