Howard Hsu
*********@*****.***
http://www.linkedin.com/in/howardhsu0211
Summary
Finance and Accounting Management Professional with more than 15 years’ experience in directing accounting departments, system reviews, financial reporting and analysis for small businesses and fortune 500 companies. Results driven with a successful record of accomplishments in various industries including: hospitality, manufacturing and distribution. Proficient in MS Office, Microsoft Dynamics NAV, AS/400 and QuickBooks Pro. Bilingual English and Mandarin. Core competencies include:
Income Statement / Balance Sheet preparation
Budgeting / Forecasting
Strategic Planning
Vendor negotiations
P & L Analysis
Variance Analysis
Logistics
Accomplishments
Took company out from net loss to increase net profit by over 300% first 12 months.
Doubled sales projections year over year.
Developed inventory program and reduced inventory turnover by 50%.
Improved the vendor rebate claim procedures and reduced process by 30 days.
Recognized for completing the company internal audit and consolidation package before deadline. Professional Experiences
Controller 2016-2016
Banyan Air Service, Fixed Base Operator, Aviation Services Ft. Lauderdale, FL Assisted with the day-to-day financial affairs of the company within the scope of responsibility outlined by the chief financial officer. Assisted the chief financial officer in providing accurate and relevant financial data necessary for budgetary and financial decisions company wide and all other aspects of financial, tax and reporting requirements. Directed and coordinated the activities of the accounting department using standard accounting principles. Controller 2012-2016
Pryde Group Americas, Multi-National Sports Equipment Manufacturer/Distributor/Retailer Miami, FL Managed the accounting department with a staff of five. Ensured accuracy of general ledger. Published monthly financial statements. Planed, organized, and implemented the organization's financial function and performance. Ensure compliance around the accounting and finance policies, procedures, and internal controls. Managed of bank relationships and initiate appropriate strategies. Developed a reliable cash flow projection process. Collaborated with 3rd party consultants on technological investments, HR Manager on labor management and Operations Manager on operations management. Managed and oversaw independent auditors.
Managed the configuration of financial reporting in the new ERP upgrade. Howard Hsu, page 2
Financial Analyst 2008-2011
Gemaire Distributors, LLC, Subsidiary of Watsco, (NYSE) WSO Deerfield Beach, FL Directed import and export business activities include cost accounting, Letter of Credits, coordinating forwarding and ocean freight and communicating with vendors in China. Collected and reconciled major vendor claim backs and rebates in excess over $12M annually. Managed capital expenditures and fixed assets for over 90 branch locations. Coordinated SOX test and audit preparation.
Negotiated tariffs with freight carriers, consolidated logistics nationwide and reduced freight expense by 6%. Accounting Manager 2006-2007
Wyndham Vacation Resorts, Timeshare Resorts under Wyndham Worldwide, (NYSE) WYN Margate, FL Managed a staff of eight billing accountants and processed maintenance fee billings for over 50 Wyndham managed properties. Reviewed month end closings entries and validated accuracy of transactions. Published monthly reporting packages including reconciliation of A/R to the G/L and collection status reports for both the corporate and property level.
Identified key discrepancies in maintenance billing database and enabled additional $200K fees in billing. Controller 2001-2006
Shoprider Mobility Products, Inc., Multi-National Medical Equipment Manufacturer/Distributor Ft. Lauderdale, FL Managed office staff of seventeen on day to day business activities. Prepared weekly reports and monthly financial statement. Supervised the accounting department and month end process. Examined transactions in AR, AP, payroll and employee benefits. Prepared monthly variance analysis and annual budget. Worked with CPA in preparing annual audit and tax returns.
Improved the profitability and double the sales year after year. Related/Other Employment
Consultant, E&Y/Cap Gemini Irvine, CA
Developed business solutions and business processes for ERP financial package implementation. Credit Analyst, Bank of America Pasadena, CA
Determined the completeness of loan packages for all required information and Recommended credit decisions under assigned authority.
Education
University of Southern California
BS, Business Administration (emphasis in finance)
Los Angeles, CA