Assurance experience associate

Lida Xu

EDUCATION & CERTIFICATIONS

Wake Forest University, School of Business

Bachelor of Science in Finance 3.45/4

Master of Science in Accountancy, financial transaction service track 3.44/4 Certifications: Four parts passed of the CPA waiting for legislation expected October 2017 Winston-Salem, NC

May 2015

May 2016

PROFESSIONAL EXPERIENCE

Assurance Alternative Investment PwC, New York October 2016-present

Plan and execute financial statement audits for hedge funds and private equity firm with complex fund structures.

Tested valuation inputs for various products including Equities, Debt, Bank Loan, CDS, Equity Options, Equity Swaps, Forwards as well as Private Investments for private equity clients

Performed testing on revenue recognition, performance fee, IRR calculation new commitment and investments purchase & sale of hedge fund/PE clients

Performed testing over Cash, Unrecorded Liabilities, receivables, payables, intercompany transactions, legal expenses and foreign currency translations

Tested journal entries including adjusting entries at year-end, and recognized errors in trail balance

Performed financial statement presentation & disclosure tests including ASC 850, FS tie-out, Schedule of investments, and financial highlights

Developed risk control testing strategy and conducted sample testing over market activities for an investment bank client including risk over exchange rate, G10 rates, commodities, multi-asset group, corporate treasury investments

Reviewed and enhanced firm’s risk control policy and procedures to ensure addressing Federal Consent Order

Coordinated kick-off meeting with seniors, manager and partner PROFESSIONAL EXPERIENCE WHILE IN SCHOOL

Advisory Deals Intern PwC, Shanghai July-August 2015

Reviewed valuation analyses prepared by clients for companies in entertainment, bio-chemical and real estate industry

Integrated client's valuation reports to in line with M&A regulation requirements

Modified valuation model and assessed reasonableness of factors observed in the broader economy, industry, peer companies, and qualitative data

Coordinated with project partner to create financial models, valuations memos and provided tax benefits for client PE Transaction Service Valuation Intern PwC, New York January-March 2015

Assessed the valuation methodologies provided by management team using Guideline Public Company method, Guideline Transaction method, Discounted Cash Flow method, Net Asset approach and Recent Round of financing approach

Developed equity allocation model by waterfall method, Equivalent Common Stock method and Option Pricing Model approach

Provided due diligence for industry overview, business performance, comparable companies and contingent transactions using CapitalIQ and Bloomberg

Private Equity Intern Investwide Capital LLC, New York June-July 2014

Summarized a leisure industry company’s prospectus, three most recent annual financial reports, business models and market research into a five page company analysis and generated a comparison analysis with its competitors

Presented analysis to potential M&A buyers with suggested acquisition decision and acquisition strategy LEADERSHIP AND VOLUNTEER EXPERIENCE

Organizer, Global Investment Conference October 5, 2016

Treasurer, Chinese Student & Scholars Association October 2011 – October 2015

Board Member, International Students Association Board September 2011 – May 2013 ACHIEVEMENTS/AWARDS

ROY M. RAWLS & FUMI KATO KUBOTA Scholarship 2014 – 2015

Dean’s List, Wake Forest University Fall 2012 – Present TECHNICAL PROFICIENCIES

Microsoft Windows, Word, Excel, Access, PowerPoint; CapitalIQ; Bloomberg

Bilingual in Mandarin and English

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