Sanjay Patel
408-***-**** – ac23af@r.postjobfree.com
Senior Level Finance, Accounting, and Operations professional specializing in increasing profit margins - Problem solver – Efficient and accurate month end closings and reporting – Financial modeling, planning and analysis – Budgeting and forecasting – Revenue Recognition - International accounting and consolidations - Internal controls – GAAP, IFRS, and SOX - Tax and audit - Accounting systems and system conversions – SEC Reporting support - Building, managing and mentoring of staff
EXPERIENCE
Consulting – Director of Finance/Controller (Audible Magic, Escalon Services, Tesla, Openwave Messaging)
3/2015 - Current
Month End Close, Payroll, Human Resource and Cash Management
Prepare financial statements, variance to budget analysis, BS recons, cash forecast
Support SEC reporting and budgeting, additional analysis and reporting as needed
Manage Tax and Audit, PBC lists, tax provision work
Other projects as directed by CFO and CEO
Drobo Inc. /Connected Data Inc. (Storage, startup, 80-85 employees)
4/2014 – 2/2015 – Assistant Controller
Reporting to the CFO, manage and mentor a team of three employees
Manage day-to-day accounting and finance (AR, AP, Payroll, GL, cash management, etc.)
Month end closing for two entities. Prepare consolidated financials. Review BS and bank recons
Implement month end controls to manage costs and enhance efficiency
Create monthly reporting package for management, board of directors and investors
Prepare due diligence checklist for potential investors
Manage revenue recognition and deferred revenue, review monthly commission calculations
Work with outside auditors and tax team in US, UK, Singapore and Japan
Prepare monthly variance analysis and actual vs. budget analysis
Assist in preparing annual budget, other projects and reporting as requested by CFO
Strands Labs Inc. (Financial Management Software, start up, 45-50 employees)
9/2013 – 6/2014 – Controller/Director of Finance and Accounting (Contractor)
Month end closing and international consolidation, balance sheet and bank reconciliations
Prepare monthly board package for CEO, investors and board of directors
Prepare and review monthly variance analysis and actual vs. budget analysis
Manage revenue recognition and deferred revenue. Complete 2013 audit and tax return
Work with accountant in Spain to coordinate month end close calendar
Implement month end controls, other projects as requested by CEO
Zed USA Corp. (Mobile content/Online advertising and marketing, start up, 35-40 employees))
2/2012 – 7/2013 – Controller, US
Manage and mentor staff of four, manage month end closing and financial reporting requirements
Monthly Revenue Recognition (virtual goods, advertising, SAAS, project)
Manage budget process and full US audit, Work with outside tax firm to prepare annual taxes
Manage all cash forecasting and work closely with Spain on funding of operations
Contracts reviews and audits; review monthly results with HQ team in Spain
Manage the US income statement and balance sheet with the COO
Extensive modeling of future product expectations and requirements to add new revenue streams
Work with COO to identify outsourcing functions and partnering with third party companies
Implement a more efficient monthly close schedule and account reconciliation strategy
Manage intercompany accounting and consolidation of US entities
Securematics, Inc., (Distribution of Network Security Products, 40-45 employees)
12/2009 – 1/2012 – Senior Manager Finance and Operations
Manage staff of 22 (8 direct and 14 indirect reports)
Help grow revenues from $107 million in 2009 to $144 million in 2010 to $175 million in 2011
Month end close, inventory management, credit/collections, logistics, cash flows, and operations
Work closely with GM to plan for credit and inventory requirements
New client contract reviews and credit line setting. Weekly forecast meetings to track sales
Manage vendor audits, manage all day to day functions of the daily business
Implement internal procedures to enhance productivity, manage cash forecast and credit lines
Create metrics to measure roi, inventory turnover, quote to close ratios, and operating cash
NaturEner USA (Alternative Energy, start up, 30-35 employees)
2009 – Senior Accounting Manager – (Contractor)
Manage system conversion from QuickBooks to Sage Mas90, transfer books for 20 entities
Manage, coach, and mentor staff of 2. Create/measure goals for the accounting staff members
Implement month end close schedule and create deadlines for accuracy and efficiency of financial statements in compliance with US GAAP and IFRS
Prepare/review corporate financial statements and balance sheets
Review bank/balance sheet reconciliations, intercompany accounts, FX gain/loss and fixed assets
Book all partnership and hedge entries, forecast cash flow needs, manage all aspects of the GL
Provide support for external audits/tax filings. Provide support to management
Rickenbacker Group, Inc. (AR Management Company, start up, 75-80 employees)
2005 – 2008 - Controller
Increased profit margin 15% for 2005, and maintained this increase for 2006 and 2007
Created/implemented a financial model to forecast revenues and manage costs to maximize profit
Reduction in costs by utilizing our international subsidiary while maintaining our revenues
Set-up internal controls and secured alternate financing to minimize cost and maximize cash flow
Manage accounting, finance, payroll, human resources, and staff of four
Monthly variance analysis used in financial planning and cash management
Prepare consolidated financial statements and balance sheet including our international subsidiary
Manage foreign currency/intercompany entries and currency exchange rate exposure
Manage revenue recognition and deferred revenue, oversee expenses for our international sub
Manage licensing, bonding, and filing of annual reports for 50 states
Manage internal audits and work with CPA for tax returns
CONSULTING/CONTRACTING
2008 - FedEx Freight West, Freight and Logistics, Interim Accounting Manager
2002 - PG&E, Utilities, Senior Accounting/Business Analyst
PERMANENT
2004 – 2005 - Future Network USA, Accounting Manager
2003 – 2004 - Landmark Education Enterprises Inc., Sr. Acct.
2000 – 2001 - VA Linux Systems, Inc., Software/Hardware and Services, Sr. Acct
1999 – 2000 - OSH/Sears Hardware Corporate, Retail Merchandise, Sr. GL/Inventory Acct
1997 – 1999 - Stuart Anderson’s Restaurants, Corporate Office, Sr. Acct
Education
MBA, University of Phoenix
Bachelor of Science, Business Finance, CSU - Long Beach
Computer Skills
Oracle, PeopleSoft, SAP, SAP Business One, Great Plains, NetSuite, Salesforce, MAS 90, FAS 100, Platinum, QuickBooks, FRX, Crystal Reports, Hyperion, CONCUR, Lawson, Solomon, Vertex, Elite