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Armen H akobyan CPA, MBA
*** ******* *** #*/ ******** CA 91205 Tel. 818-***-**** Email:
******@*****.***
California CPA and MBA with over 20 years of experience in corporate and government
accounting, tax audit and financial management in manufacturing, construction and service
industries. Impressive IT skills, hands-on experience with accounting software conversions and
ERP system implementations. Experienced in budgeting, forecasting, cash management, project
job costing, inventory management and cost variance analyses. Strong believer in collaborative
leadership style with the focus on goals and communications.
Professional Experience:
Pacific Precision Metals INC
Controller (July 2011-November 2012)
Oversaw the accounting and finance activities for international contract manufacturing company.
Prepared annual budget and interim forecast, estimated cash requirement for production plan,
consolidated financial statements for foreign and domestic entities. Collaborated with operations and
marketing team, prepared analyses for financial projects and capital expenditures. Audited annual
physical inventory taking, analyzed the discrepancies and variances, implemented inventory control
procedures. Prepared financial statement highlights and performance analyses for Board of Directors
monthly presentations. Managed 3 direct reports: two remote and one local, dotted line oversight of
operations, material acquisitions etc.
Selected achievements:
Assumed responsibilities of manufacturing procurement process for cash distressed company.
Successfully negotiated with key suppliers to resume raw material shipments, renegotiated prices
and payment terms. Prepared cash forecast plan with debt repayment schedule.
Significantly reduced cash requirement by analyzing sales plan and switching to lean inventory
system for manufacturing company.
Corrected and updated manufacturing routings, developed path for process improvement and
cost reduction.
Professional Building Maintenance INC
Accounting Manager/Controller (April 2004-September 2010)
Started as Accounting Manager for subsidiary and in couple of months was promoted to
Corporate Controller position for facilities management company with wholesale and construction
divisions. Prepared monthly financial statements, cash flow forecast, monitored A/R collection
progress, direct responsibility for month-end close within established deadlines. Managed in-house
payroll processing, prepared federal, state, worker’s compensation and multi-state sales and use tax
reports. Implemented and maintained an appropriate system of internal controls designed to mitigate
the risk and enhance the accuracy of the financial results. Supervised, trained, devised policies,
procedures and documentation to provide guidelines for accounting staff of 6.
Selected achievements:
Saved company about 30% on new accounting software implementation costs by training company
employees and using internal resources for software customization and data import.
Implemented the job costing module in Sage ACCPAC to prevent losses or low margins for ongoing
projects. The module allowed management to verify the budget vs. actual in “real time” mode and
get detailed cost analysis by district, location etc. It also allowed switching the construction
contracts to percentage of completion accounting method with more precise cost allocation.
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Armen H akobyan CPA, MBA
509 Lincoln Ave #1/ Glendale CA 91205 Tel. 818-***-**** Email:
******@*****.***
Reduced administrative costs by in-sourcing the payroll processing for 350 employees, adopting
more innovative approaches to data gathering, substantially improving the efficiency and
effectiveness of workflow management and data processing.
American Protective Services INC
Accountant (February 2001-November 2003)
Completed and recorded month-end journal entries, accruals and estimates, reconciled the
monthly billing against payroll records, presented year-end financial statements to outside CPA for tax
preparation. Implemented internal control procedures to prevent asset misappropriations, to control
the labor cost, analyzed budget vs. actual variances. Provided variable cost calculations, fixed
overhead allocations for various bids and proposals. Processed the payroll, filed the federal and state
annual and quarterly reports, year-end W2-s and 1099-s, city business and property taxes.
Selected achievement:
Streamlined the payroll processing by creating Excel pivot tables, dramatically improved the billing
accuracy by creating V Lookup templates in Excel.
State Department of Social Security Republic of Armenia/Chief Financial Officer
European Union Technical Assistance Program/ Financial Consultant (October 1996-June 2000)
Responsible for annual budget and consolidated financial statements preparation for healthcare
and training facilities, shelters, manufacturing plant and other subsidiaries. Managed department’s
financial resources and prepared cash forecast from endowment funds, government subsidies and
commercial revenues. Prepared complex financial analyses for capital expenditures using analytical
tools like: Return on Investment (ROI), Net Present Value (NPV). As a member of State Department’s
leadership team participated in key decisions pertaining to strategic initiatives, operating model and
operational execution; assessed organizational performance against both the annual budget and long
term strategy. As a financial consultant participated in European Union’s Technical Assistance
Program to develop a government assistance program for low income families, refugees and persons
with disabilities. Managed team of 12 financial and accounting specialists.
Department of Internal Revenue Service of Armenia
Senior Tax Auditor (July 1991 to October 1996)
Coordinated and executed the audit functions (financial, operational and compliance) for
government, nonprofit organizations. Performed detailed analyses, office/field examinations, and
audit investigations of complex individual and business tax returns, which included partnerships,
incorporated/unincorporated businesses, fiduciaries and others. Responded to inquiries on tax
matters and recommended improvements in recordkeeping or internal procedures to assure
adequate documentation. Used auditing techniques such as statistical and non-statistical sampling,
ratio analyses, inspections, data screening and audit plans to conduct audit examinations. Served as
a member of a team responsible for development nationwide computerized database system for
Internal Revenue Services.
Technical Skills
Experienced in various ERP, CRM and other accounting systems: Sage ACCPAC (Sage 300ERP),
Great Plains (Microsoft Dynamics GP), Navision (Microsoft Dynamics NAV), MANMAN MRP,
QuickBooks, Peachtree, Microsoft Power Point, Access, Excel (V Lookup, H Lookup, Pivot Tables).
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Armen H akobyan CPA, MBA
509 Lincoln Ave #1/ Glendale CA 91205 Tel. 818-***-**** Email:
******@*****.***
Education/Affiliation
B.S. in Accounting, Master’s Degree in Business Administration ASUE 1985- 1991
Certified Public Accountant CA #116923, Member of CALCPA
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