Sales Accounting

Celia Fanning

**** ********* ****

West Hills, California 91307

Cell: 818-***-**** Email: abiahp@r.postjobfree.com

Professional Summary

A highly seasoned Finance professional with a CPA, MBA and more than two

decades of diverse experience with both publicly traded companies and

public accounting firms with dynamic, growing and challenging environments

and global operations. Strengths and career highlights include:

. Extensive experience with acquisitions and related evaluations and

integration of complex and different accounting processes.

. Recruits, trains, directs and motivates a staff of more than 50

people, including managers, MBAs and CPAs.

. Hands on leader for all SEC and financial reporting, as well as

Sarbanes Oxley roll-out and continuing compliance.

. Responsible for complex forecasting for multiple product lines and

global divisions.

. Strong treasury management skills, including daily management of $300

million average daily cash balance.

Employment

JAKKS Pacific, Inc., Malibu, CA

February 2000 - 2010

Senior Vice President, Finance and Corporate Controller

Vice President, Corporate Controller

Corporate Controller

Third largest international, publicly traded US toy manufacturer and

distributer as a result of its meteoric growth over the past 10 years, with

revenues up 258% from $252 million to over $900 million. Company conducts

business with mass retailers, such as Wal-Mart, Target, Toys R Us, and

Costco.

Responsibilities

. Actively lead a worldwide accounting staff of over 50 people, including

managers, MBAs and CPAs for complex multi-brand businesses.

. Oversee all accounting functions, including the general ledger,

invoicing, accounts payable, accounts receivable, credit and collections

and royalties accounting.

. Oversee the royalty accounting department which is responsible for

extracting key contract information and complex royalty calculations

based on a myriad of criteria for over 800 license contracts.

. Lead the SEC and financial reporting, including navigating through

complex international issues, foreign currency and world-wide

consolidation of financial statements, including 10 different entities of

complexity.

. Designed Sarbanes Oxley internal control tests to mitigate financial

reporting risks.

. Oversee world-wide reporting, including trouble-shooting of issues of

foreign subsidiaries in Hong Kong, China, Canada and the United Kingdom.

. Oversee treasury and cash management world-wide, including daily

management of $300 million average daily cash balance.

. Oversee weekly internal reporting to senior management which is used to

make key financial decisions, evaluate business growth and enables us to

remain entrepreneurial and flexible in decision making.

. Entrusted with check signing authority along with only the three main

Company executives.

. Lead liaison with external auditors and consultants.

Major Accomplishments

. Continually re-evaluated all Accounting systems and processes to drive

increased efficiencies and thereby significantly improve productivity.

This is vital to the Company's continued success since the toy

manufacturing industry is constantly evolving and streamlining world-wide

operations to remain competitive and profitable.

. Company acquired 13 companies in 10 years.

o Completed the integration of 13 acquisitions our accounting

operations as Company grew from $252 million to $903 million in

revenue.

o Intimately involved with purchase accounting and contractual

performance earn-outs for sellers of companies.

. During tremendous company revenue growth of 258%, maintained an efficient

and lean staff, which only grew by 28%.

. Responsible for meeting earnings release deadlines, which entails

compiling, finalizing, and reconciling worldwide financial results and

synchronizing with external auditor's buy off on results.

. Work closely with departments companywide on financial matters including

sales, marketing, licensing, communications, investor relations,

planning, our warehouse distribution center and information technology

(IT).

. Regularly navigate through complex SEC reporting issues stemming from

multiple acquisitions.

. Designed and implemented a state-of-the-art JD Edwards software system

used company-wide, including roll-out to international subsidiaries,

which reduced month-end close by two-thirds form three weeks to one week.

JD Edwards is a fully integrated system including purchase orders, sales

order processing, inventory, invoicing, accounts payable, cash

application, accounts receivable, general ledger and financial reporting

modules. Worked closely with IT and operations to address company and

user needs during implementation and major system upgrade.

. Implemented our Alliant royalty software to manage complex royalty

calculations and automate payments to key licensing partners which

include global children's entertainment giants such as Disney, Marvel,

Nickelodeon, World-Wrestling Entertainment, Pok mon and others. Alliant

enables more accurate and rapid reporting, thus reducing the royalty

reporting cycle by two-thirds.

. Worked closely with the IT department to set up intranet business

intelligence tools that allowed senior management to make quicker, more

effective decisions and thereby successfully adapt to changing market

conditions. Senior management was able to see real-time open orders,

inventory levels, and sales forecasts, which helped to make better

decisions on adjusting sales prices, granting sales allowances and

strategizing on moving inventory.

Wellpoint Health Networks-Blue Cross of California, Woodland Hills, CA

August 1997 - January 2000

Finance Manager

. Analyzed Cash Flow, Balance Sheet and Profit and Loss Statements for the

different Management Business Units.

. Lead special task forces to improve the financial performance of their

Large Group market segment. One example is the Accounts Receivable Task

Force where we set various Accounts Receivable metrics to help the

General Managers and different operations departments track the

performance of the Large Group accounts receivable.

. Assessed financial and operating impact of acquiring new business.

Integrated the new business into the Company's financials and operational

processes.

. Oversaw the month-end close, which involves strong communication and

coordination with various departments.

. Member of the Company's MemberCare program, which involved developing

ways to achieve 95% customer satisfaction for both internal and external

customers.

. Managed and motivated a staff consisting of two financial analysts and

two senior accountants.

Airport Group International, Inc., Glendale, CA

August 1993 - August 1997

(formerly Lockheed Air Terminal, Inc.)

Financial Manager/General Accounting Supervisor

. Developed the annual operating and cash budget for the Company, which

required working with location managers and Vice Presidents for each

Division.

. Designed and implemented a new financial system for the Finance and

Accounting departments, which included customized on-line operational and

financials reports for management used in decision making.

. Implemented a weekly cash forecasting system.

. Analyzed the Company's financial statements. This entailed explaining

operation actual-to-budget variances for each of AGI's international and

domestic locations.

. Prepared consolidated financial statements for five domestic and five

international subsidiaries. This included foreign currency translation,

international accounting, and coordination with subsidiary accounting

managers.

. Oversaw daily cash management function, which required coordination with

various disciplines within the Company and daily investment of cash.

. Performed special project assignments, such as determining the financial

and accounting ramifications of selling one of AGI's airports.

. Prepared financial information for new business proposals.

. Supervised a staff of four employees.

Deloitte & Touche, Los Angeles, CA

August 1990 - August 1993

Senior Accountant, Trade Group/Retail & Distribution Services

. Analyzed and audited clients' books.

. Major clients in the Retail/Middle Market group included:

o Thrifty/Big 5 Sporting Goods- High volume/transaction client

o Big Lots- High volume/transaction client

o Standard Brands

o Motherhood Maternity Stores

. Supervised Deloitte and Touche personnel.

. Determined audit procedures for individual audits.

. Budgeted time allocated to each job.

. Oversaw individual audits to completion

. Drafted, approved appropriate disclosures and managed the processing of

financials reports for each individual audit.

Skills/INTERESTS

. Fluent in speaking and writing Spanish.

. Proficient with JD Edwards, excel and a myriad of other accounting

programs.

. Effective interpersonal skills

. Excellent team player with all departments.

. Self-motivated individual with the ability to inspire and engage staff in

challenging environments.

. Active in JAKKS Cares philanthropic volunteer opportunities throughout

Los Angeles, supporting organizations including McDonald House Charities,

Special Olympics and more.

. Karate- Earned brown belt.

Education

University of Southern California Marshall School of Business

Spring 1998

Masters of Business Administration, Emphasis in Marketing and Finance

State Board of Accountancy, California

December 1993

Certified Public Accountant

Loyola Marymount University

May 1990

Bachelor of Sciences in Accounting; Dean's List Honors

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