Accounting Manager Accounts Receivable

Karina Thich

*** ******* ****** ****#***, San Francisco, CA 94107 Ph: 408-***-**** E-mail: ******@*****.***

PROFESSIONAL BACKGROUND

Independently motivated and results-driven Revenue Accounting Manager with over 20+ years’ experience in high tech, search and display advertising, travel and defense industries. Comprehensive knowledge of accounting and finance functions; including revenue recognition, deferred revenue, cash flow management, general ledger, account analysis, accounts receivable, accounts payable, collections and billing. Strong attention to detail and accuracy; enjoys challenging situations and seek out opportunities for learning and growth. Excellent verbal and written communication skills, combined with strong organizational and supervisory skills at building a productive team environment while maintaining staff efficiency and morale.

PROFESSIONAL EXPERIENCE

ON24 1099 Consultant 3/2018 – 5/2018 (2mos) Senior Revenue Consultant

Assisted with recast of 2017 Elite/Virtual/WCC product family. Reviewed over 2,000+ contracts making intelligent and pertinent observations for the “9” data points for Rev Rec.

ON24 with BVOH Consulting 2/2015 – 8/2017 (2yrs, 6mos) Senior Revenue Consultant

Responsible for making sure revenue is properly deferred and released, checking for completeness and accuracy, and working closely will billers and customer success managers to resolve any unusual situations and ensuring close process is completed on time and in compliance with accounting rules.

Worked closely with legal, sales, operations and finance colleagues to provided deal structuring guidance and revenue treatment on non-standard contracts.

Provided guidance and support for the 2016 audit by creating a standard template for auditors and team members to follow by providing the appropriate documents, written brief narrative of the contract and tying the revenue to the selected samples. The auditors were impressed at how organized the data was presented.

Lead and trained 2 new revenue accountant hires and Director of Revenue while managed to close in 5 days.

Duties responsible for but not limited to, revenue recognition, billing and revenue accruals, allowance for credit memo reserve, credit memo analysis, operational revenue, management flux and flash reports, billing categorization, revenue upload to SFDC and revenue by customer reporting.

LookSmart 7/2008 – 6/2014 (5yrs, 11mos) Revenue Accounting Manager

Managed and responsible for all aspect of day-to-day accounting and operations from order-to-cash. From revenue recognition, unbilled revenue, accrue rev share, billing, credit checks, collections, bad debt allowance, deferred revenue, and revenue reserve.

Managed LookSmart’s SMB business by recording payments from Paymentech, recognized revenue, deferred revenue and responded to client’s inquiries.

Prepared monthly publishers payment schedules.

Responsible for explanations of variances for quarterly Flux analysis for accounts related to revenue, bad debt, AR, and revenue reserve.

Assisted in preparation of schedules for financial audit for 10Q and 10K’s.

Worked closely with Controller, CEO, and COO on monthly budgets and revenue forecast.

Managed and reconciled all cash and investments accounts.

In 6 months’ time, cleaned up the AR aging and maintaining the aging between 90 – 96 percent current quarters over quarter.

Received an “Excellence Award” for dedication, cleaning up the AR aging and improving the close process from 3 weeks to 5 days.

Reviewed, signed off and updated revenue narrative quarterly to ensure all processes are in compliance with Sarbanes-Oxley Section 404.

Managed AR Analyst

Karina Thich

Fox Interactive Media (formerly IGN Entertainment) 8/2004 – 6/2008 (3yrs, 10mos) Revenue Accounting Manager

Managed a team of five employees, two Sr. Revenue analysts, two Revenue analysts and one fulfillment clerk.

Reconciled revenue, deferred and inter-company revenue monthly.

Performed monthly revenue accrual.

Coordinated the FY 2008 Sarbanes-Oxley Section 404 revenue and credit/collection audit.

Assisted with the implementation of Oracle 11i by testing and providing feedback for customization.

Worked with the Ad Operations and engineers to develop a system generated “campaign wrap up” report that helped the billing team and campaign managers track campaigns more accurately.

Developed and managed the “revenue at risk” report to provide Sr. Vice President of Sales and Sr. Director of Finance visibility for any possible revenue slippage and forecasting purposes for each quarter end.

Reviewed and sign off campaigns to ensure the revenue analyst billed each campaign correctly and revenue is recognized appropriately.

Assisted order management on change orders and campaign managers on properly posting the campaigns.

Assisted sales on proposals to help maximize revenue for quarter end.

Sagent Technology, Inc. 8/2001 – 8/2004 (3yrs) Accounts Receivable Supervisor/Maintenance Renewal Analyst

Contacted customers to renew their optional maintenance contract 60 to 90 days prior to their expiration date.

Reviewed customers with multiple contracts and co-terming support renewals as requested by customers.

Created and updated maintenance renewal reports forecasting revenue quarterly and annually.

Network with customers for new sales leads.

Solicited customer participation for user conference.

Contacted Partners quarterly for royalty reports, audit the report, accrue for the revenue and ensure payment is received by the end of each quarter.

Reduced DSO from 120 days to 42 days in a period of 6 months and maintaining the DSO at 45 days.

Responsible for maintaining all bank activities (incoming/outgoing wires, transfers, deposits, bank balance, authorized signers and setting up new accounts)

Handled all accounts receivable functions (cash deposits, invoicing for licenses, supports, maintenance renewals, royalties, re-billable expenses, cash application, and AR Reconciliation).

Performed VSOE analysis on all maintenance contracts

Prepared reports for auditors for quarter and year-end audits

Managed two billing clerk

Gethere.com, Inc. 8/1999 – 2/2001 (1yrs, 6mos) Accounts Receivable Supervisor/Maintenance Renewal Analyst

Managed and responsible for all Accounts Receivable functions, billing, collections, credit checks, cash application, and bad-debt allowance.

Assisted with month end, fiscal year-end close, quarterly audits and IPOs.

Condor Systems, Inc. 8/1999 – 2/2001 (2yrs, 9mos) Accounts Receivable

Reviewed contracts for billing provisions and prepared monthly progress and milestone billings

Generated government forms DD250s for shipment billings.

Resolved collection issues with customer service, contract administrators, and government agencies.

Prepared contract closeouts upon final approval of rates by the government

Information Systems: Oracle 11i, Microsoft Dynamics (GreatPlains 10.0), NetSuite, Salesforce.com, Zendesk, TeamTrack, Jira

Education: Bachelor of Science in Business Administration, Concentration in International Business/Marketing, Minor in Area Studies – Pacific, San Jose State University, June 1996

Languages: English, Cantonese, Mandarin, Vietnamese and Spanish

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