RICHARD SHIH, MS
*** ***** ***, ********, ** ****8 • 973-***-**** • *******.****@****.***
A CCOUNTING M ANAGER / F INANCIAL A NALYST
Financial Administration and Reporting
Seasoned professional with a solid track record of financial management. Proficient in
developing comprehensive analyses and maintaining accurate records. Successful in linking
accounting functions with business operations to provide a clear picture of the financial health of
the company. Recognized as a productive, detail-oriented team contributor who works well
under pressure and devotes whatever effort is necessary to meet scheduled deadlines.
Core Competencies:
Financial Statements & Analysis Month / Quarter / Year End Closing
• •
Cash Flow Analysis Financial & Cost Accounting
• •
GAAP Knowledge Profit & Loss Analysis
• •
Internal & External Audits Internal Control
• •
Inventory Valuation Sales / Use Taxes
• •
Fixed Assets Data Mapping & Template Design
• •
Staff Training & Supervision Analysis model development
• •
P ROFESSION AL E XPERIENC E
THE MENTOR NETWORK - NEW JERSEY– Somerset, NJ
SR. COST ACCOUNTANT, January 2013 – Present
A partner of The MENTOR Network (NYSE: CIVI), a national network of local human services
providers, with approximately $1.20 billion in annual corporate revenue and 400+ employees in
NJ.
• Served as expansion team member providing analytical data and financial suggestions
resulting in program growth from $5 to $22 million dollars in 18 months.
• Developed daily & semi-monthly timesheet reports to track & monitor employees’ working
schedule resulting in reduced overtime hours and expenses by 30%.
• Prepared budget proposal to NJ Funding Agency to ensure the bids are competitive without
sacrificing company’s profit margin.
• Re-designed “Report of Expenditure” reporting structure to make the process faster, easier,
more reliable, and more accurate.
• Created and maintained various financial models that feed to budget benchmark, standard
cost, variance analysis, etc.
• Ad hoc tasks: budgeting, forecasting, auditing (internal and external), etc.
PRINTERS’ SERVICE, INC. – Newark, NJ
COST ACCOUNTING MANAGER, July 2007 – September 2012
Medium-size company with approximately $120 million in annual sales volume and $14 million in
inventory specializing in the manufacture and distribution of offset pressroom chemistry and
pressroom supplies.
RICHARD SHIH, MS
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• Prepared combined financial statements for presentation and discussion at management
meetings.
• Developed architecture and implemented systems to:
o monitor cost and profit margin for 6 manufacturing plants and 12 sales affiliates.
o standardize cost review and month end closing procedures to ensure accuracy of
monthly gross profit and commission reports.
o reduce month end closing processing time from 2 weeks down to within 2 days.
o process, categorize and report on Accounts Payable, Accounts Receivable, Sales,
and Purchasing data resulting in actionable intelligence.
• Proposed suggestions to improve internal control and workflow efficiency.
• Insourced accounting function resulting in 75% accounting fees reduction.
• Integrated MS Excel tools for mass data analysis and reporting on P&L, inventory, cost, and
price variances.
• Investigated and corrected myriad problems relating to implementation of enterprise
management system.
• Served as company-wide educational resource for data flow expertise resulting in improved
accuracy in transactional processing and increased efficiency in month end closings.
• Coordinated implementation of new programs and procedures with respective departments.
NAN YA PLASTICS CORPORATION, AMERICA – Livingston, NJ
ASSISTANT ACCOUNTING MANAGER Aug 2002 – Jul 2007
North American subsidiary of Nan Ya Plastics Corporation, Taiwan with approximately $88
million dollars in annual sales and $10 million in inventory specializing in the manufacture of
synthetic fibers and plastic films.
• Performed timely month end and year end closings and prepared financial statements for
presentation and discussion at monthly management meetings.
• Responsible for maintaining, monitoring and reporting on production and factory expansion
projects.
• Worked with internal and external auditors regarding internal control and annual financial
statement.
• Prepared monthly multi-state sales and use tax returns. Represented the Company during a
Texas state sales tax audit resulting in no change.
• Filed successful claims with the state of Louisiana to recover over $1 million in enterprise
zone tax rebates.
• Managed and trained a staff of two to maintain consistency and accuracy in all areas of
performance.
E DUCATION & C OMPUTER
Master of Science in Finance (2002); ADELPHI UNIVERSITY – Garden City, NY
Bachelor of Business in Accounting (1996); CHINESE CULTURE UNIVERSITY – Taipei, Taiwan
Strong general computer technology skills
Oracle, Hyperion, Essbase, IBM AS/400, Scala, Crystal, Cognos
Advanced skill level in Microsoft Excel (Formulas, Pivot Tables, Macros, etc.)
Proficient in Microsoft Word, PowerPoint, Outlook