Accounting Assistant
Resume:
EXPERIENCE:
Southern California Presbyterian Homes
Treasurer (2007-2010)
o Led the successful management of $102M total cash and investments.
o Brought up total revenue of $105M in 2008-2009. Projects include: 6
continuing care retirement communities, 3 assisted living facilities, 1
home care, 1 adult day care, 2 residential care facilities, 1 corporate
office, 1 foundation, and 26 affordable housing facilities.
o Proactively forecasted financial results in 2008 and 2009, and allocated
cost cutting measure that saved more than $3M in operation. Developed
financial strategic plans and brought efforts in expense control,
accounting, risk management, forecasting, investments, contracts, and
more.
o Worked directly and coordinated with Senior Management and CFO on
Financing and Refinancing of seven tax-exempt bond issues, totalling
$150M, reducing interest rate by approximately 200 basis points on each
issue while keeping the cost of issuance to minimum.
o Collaborated with the Board Investment Committee and Investment advisors
in managing $102M cash and investments as well as the loss prevention in
the market downturns in year 2008-2009.
o Identified necessary short term investments of corporate resources that
broadened returns of investments by performing daily cash balances
monitoring.
o Successfully sustained 250 bank accounts and reduced overhead by $500K in
five years by diversifying the accounting/finance underperforming
department, eliminating redundancies, implementing effective process, and
streamlining functions.
o Collaborated with Administrators of 41 Facility Executive Directors and
Department Heads with the arrangement and development of $105M operating
revenue budget; annual capital Budgets of $10M; long-range projections;
and forecasting of cash for senior managers, lenders, and Bond Holders
(Trustees).
o Participated in evaluating 7 acquisitions, feasibility studies, 23
expansions, and 7 refinancing and financing.
o Ensured proper coordination with the industry benchmarks for the Board of
Directors and their various quarterly committee meetings by analyzing
financial statements, forecasting, generating graphs, and ratios.
Controller (1997-2007)
o Handled $91M total cash and investments which was accumulated as a result
of increase in total revenue to $80M from 1997 to 2007.Projects include:
6 continuing care retirement communities, 2 skilled nursing facilities, 3
assisted living facilities, 1 home care, 1 adult day care, 2 residential
care facilities, 1 corporate office, 1 foundation, and 22 affordable
housing facilities.
o Worked with zero audit adjustment entries for annual operation and
pension plan audits by associating and preparing audit work papers,
financial statements, including Cash Flow statements for all facilities.
o Reviewed and filed 35 plus corporations' tax returns (Form 990 not for
profit returns) with IRS and State agencies.
o Facilitated a workshop intended for Community Accountants and Executive
Directors regarding professional development.
o Managed the staffing, training, as well as the supervision of 25 people
in accounting department, which included people with MBAs and CPAs, BS
degrees, administrative staff, bookkeepers and accountants.
Controller & CFO (1994-1997)
o Managed $22M total cash and investments from 1994 to 1997 with a total
revenue of $42M.Projects include: four continuing care retirement
communities, two skilled nursing facilities, one corporate office, and
eight affordable housing facilities.
o Established and sustained business relationship with the Foundation Board
of Directors, Investment Committee, Board of Directors, Audit Committee,
and Finance Committee.
First American Real Estate Tax Services 1986-
1994
AVP/Assistant Controller
o Managed the financial operations of financial services corporation as an
Assistant Vice President and Assistant Controller with more than $120M
annual revenue.
o Generated and executed procedures and policies, and released financial
reports to senior management in accordance with reporting standards as
well as accounting and governmental regulations.
o Managed accounts payables with an average of 60,000 checks annually
valued at $60M and receivables and collections valued at $24M monthly.
Maintained assets, property tax returns, annual reports and business
license.
o Arranged requirements for SEC reports and 10Q filings, and directed the
billing of 2,000 customers every month.
o Transformed in-house semi-monthly payroll system to ADP, which was
reconverted from ADP. Servicing over 1,000 employees.
American Warranty Corporation 1979-
1986
Accounting Manager
o Managed computerized conversion systems, journal entries, and bank
reconciliation evaluation.
o Monitored and controlled investments. Prepared consolidated financial
statements.
o Studied and evaluated accounting internal control systems and provided
recommendations
PricewaterhouseCoopers 1976-1978
Senior Auditor
o Handled the auditing of Fortune 500 companies. Arrangement of financial
statements, audit work papers, in-depth analytical reviews and
fluctuation analysis of balance sheets and income statements.
o Analyzed clients' internal control systems, financial statements, ledger
accounts, clients' physical inventory procedures, and computerized
accounting systems.
o Prepared in-depth analytical reviews and developed recommendations to
improve management efficiency.
EDUCATION & OTHER:
WOODBURY UNIVERSITY Los Angeles, CA
Master of Business Administration in Accounting
Certified Public Accountant
Member, Finance Committee
Aging Services of California, Senior Living and Care Advocating
Association, Sacramento, CA
Member of California Society of CPAs
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