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Manager Sales

Location:
Ventura, CA
Posted:
December 24, 2012

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Resume:

Prakash Mongia

Email: *********@********.***

Address: **** ********** ******

City: Ventura

State: CA

Zip: 93003

Country: USA

Phone: 805-***-****

Skill Level: Management

Salary Range: $90,000

Primary Skills/Experience:

See Resume

Educational Background:

See Resume

Job History / Details:

Prakash C. Mongia, C P A

7790 Eisenhower Street, Ventura, CA 93003 * Phone: 805-***-**** * Email: *********@********.***

As a skilled financial manager and Certified Public Accountant, I have demonstrated expertise in all accounting and financial functions in domestic and international operations. The scope of my experience spans A/R, A/P, G/L account analysis, financial statements, tax reporting, strategic business planning, regulatory compliance, credit reviews and approvals, automated financial systems and software, inventory control and purchasing, and foreign currency. Most significant is my ability to partner with management and serve as a primary source of strategy with business and cross-cultural communications in the international arena translating their goals into actionable plans.

When I started working as Controller with California Living Waters, the company had no internal control systems in place and had poor cash flow. Helped company in placing internal control systems. During the period company profitability and cash flows increased considerably. Helped company in due diligence during acquisition by the investors.

When I accepted my position as Controller/Chief Financial Officer for One World Designs in Ojai, California, the company was facing closure. I developed a plan and working with investors restructured business processes to drive performance improvements company-wide that reversed revenue decline, secured stability, and achieved profitability in less than one year.

My record also includes successful contributions to my employers in expanding and diversifying operations through sound finance and business efforts to attain corporate objectives.

In addition, I am an Enrolled Agent, a license issued by Internal Revenue Service, and a Chartered Accountant, and can prepare individual, partnership and corporate tax returns and payroll tax returns. I also have experience in International taxation. I have experience in dealing with all aspects of accounting and taxation. I can also prepare property tax returns.

I will be leaving the present employer on 12/24/2012 as the present business has been acquired by the investors.

If my record and qualifications mentioned here are of interest, greater detail is provided in the enclosed resume. I am confident in my abilities and would be glad to elaborate on any of the information and would welcome the opportunity of introducing myself and my credentials to you in an interview.

Thank you for your consideration; I look forward to speaking with you soon.

Sincerely,

Prakash C. Mongia

Enclosure

Prakash C. Mongia, C P A

7790 Eisenhower Street, Ventura, CA 93003 * Phone: 805-***-**** * Email: *********@********.***

FINANCIAL MANAGEMENT: CFO, CONTROLLER, GENERAL MANAGER FINANCE

Senior finance professional with strong mix of accounting, operations, leadership talents, and progressively responsible management experience. Effective in reorganizing, streamlining, and strengthening financial operations in highly competitive, global markets. Respond to financial and operational challenges with forward-thinking strategies to maximize performance and profitability.

Strengths include:

Organizational Restructuring

Internal Financial Controls

Regulatory Compliance

Financial Statements and Management Reporting

International Business

Strategic Planning and Recommendations

Operations Management

Business Opportunity Assessments

Systems and Technology Utilization

EXPERIENCE & ACHIEVEMENTS

CALIFORNIA LIVING WATERS INC, Santa Paula, CA

August 2011-December 2012

Company operates two wholly owned waste water subsidiaries, Southern California Waste Water and Central Valley Waste Water. CLW primarily serves customers in four waste water segments: industrial, domestic,

oil and gas and environmental.

CONTROLLER

Looking after all aspects of finance and accounting department. Preparing financial statements, tax returns and dealing with all tax matters. Helped company in all aspects of due diligence during acquisition by the investors.

PRAKASH C MONGIA, CPA, EA, Ventura, CA, 2010- July, 2011

Self-employed and was doing accounting and taxes. Decided to be back in the industry.

ONE WORLD DESIGNS INC., (f/k/a RENE DERHY PARIS, LTD INC.) Ojai, CA, 1989 December, 2009

Importer of fine women's apparel from Hong Kong and India, selling to 500 stores in the US, Mexico, Puerto Rico, and Canada with annual revenue up to $5 million.

CONTROLLER/CHIEF FINANCIAL OFFICER

Progressed through organization culminating in oversight of US operations. Charged with turning around this under-performing company facing closure by defining financial infrastructure going forward, optimizing the automated computerized system for inventory management/purchasing/procurement, and maximizing sales performance and penetration into the industry at trade shows.

Financial scope of responsibility includes managing a staff of seven overseeing G/L, A/P, and A/R, corporate tax returns, sales tax returns, quarterly and yearly payroll tax returns, collections, order processing/position reports, corporate year end and quarterly financial statements, statements of accounts, shipping, commission statements, lines of credit, foreign letters of credit, investment of surplus funds, handling US customs, foreign suppliers, and sales agents. Took one-year sabbatical from 2005 to 2006 to prepare for California CPA license under WILLIAM BIGELSON, CPA, INC. in Northridge, California.

Led a three-month initiative organizing accounting records and implementing Peachtree, a computerized financial system.

Optimized a customized apparel industry computer system significantly reducing errors and delays in product ordering. Worked closely with IT specialists to overhaul and customize reporting between the California operation and the manufacturer in India, upgrading to a Windows-based platform.

Formalized internal controls governing cash management, tightening monthly processes to daily. Incorporated verifications regarding order processing and inventory management.

Partnered with the executive leadership team on strategic decision-making. Expanded the sales force across the US and facilitated the distribution of product samples and sizes to sales reps for effective demonstration at industry trade shows.

Reversed revenue decline and restored profitably within one year.

SPAN INDIA, LTD., New Delhi, India, 19871989

A leading manufacturer and exporter of garments with 400 employees and $20 million in annual revenue.

FINANCE MANAGER

Brought on board to strengthen and maintain financial controls and accounting functions during company expansion. Directed a 15-person staff in finance, internal and regulatory reporting, and tax planning and reporting in the corporate accounts department. Managed international currency, letters of credit, credit agreements, and investment planning. Prepared year-end financial statements and reports. Supervised preparation and filing of export documents with banks. Oversaw the quality and accuracy of statutory audit requirements under the Corporation Act.

EAST INDIA IMPEX LTD., New Delhi, India, 19851987

Manufacturer and exporter of garments with 250 employees and $10 million in annual revenue.

CONTROLLER/FINANCE MANAGER

Managed all accounting and finance functions, and supervised the day-to-day activities of a ten-person staff. Produced and reconciled various reports. Performed the analytics and prepared year-end financial statements, and company tax return.

CREDENTIALS

Enrolled Agent, Internal Revenue Service (enrolled to practice before the IRS)

Certified Public Accountant, State of California

Chartered Accountant, Institute of Chartered Accountants of India, New Delhi, India (Completed four-year internship with a firm of professional accountants and passed all qualifying examinations.)

EDUCATION

Bachelor of Commerce, University of Delhi/Agra, India

COMPUTERS

Proficient in Microsoft Word and Excel, Peachtree Accounting, QuickBooks, Payroll software, Lacerte Tax, Tax Act (Income Tax Preparation Software), apparel industry software.



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