Business Planning Internal Controls

MEY SOLAYAPPAN

Irvine, California *****

***.**********@*****.*** • 714-***-****

FINANCIAL CONTROLLER

Hands-on, results-oriented executive with progressive experience in driving financial growth and long-range planning. Proven expertise in streamlining and strengthening financial controls and operations to reduce costs, enhance efficiency, and maximize revenue. In-depth experience across corporate finance and accounting functions. History of hiring, and leading high-performance accounting teams.

Strategic and Business Planning

Treasury and Cash Management

Accounting Policies / Procedures

Benefit Plan Implementation

Cost Analysis and Reduction

Hands-On Leadership

Internal Controls

Forecasting and Budget Management

Regulatory Compliance

Staff Training and Development

Profit and Revenue Optimization

Industry Trend Analysis

PROFESSIONAL EXPERIENCE

Lynberg & Watkins – Los Angeles, CA

Financial Controller 2022 to Current

Managed all accounting activities for company with $18M in annual revenue. Hired, trained, and supervised team members. Reported to President / CFO

Key Achievements:

Headed the finance department and reformed the reporting schedules to make it functional

Secured 1.5 Million Line of Credit

Secured 100K Credit for Firm Credit Card

Secured 600K Construction Loan

Prepared monthly financials, monthly analysis to track progress against Company Budget.

Ensured complete, accurate and timely management of financials

Managed and tracked Unapplied Funds and Trust Balances

Responsible for year-end financial reports and Profit distribution to shareholders

Prepared Budget, and process improvement initiatives

Implemented new process to increase accuracy with data entry and month end balancing which resulted in savings Audit Expense

Prepared accurate and timely cash flow statements and manage receivables, payables, cash balances, control mechanisms and timely deposits.

Implemented financial controls and reporting.

Strong leadership, team management and cross-functional teams for joint projects

Streamlined collection and invoicing process to improve cash flow

Weekly Soft Close

Improved efficiency in Billing Attorney time at Month end.

Improved monthly closing procedures

Processed Payroll with Paylocity with Tax Filing / Vacation / Sick Accrual

Responsible for City Revenue Tax and Property Tax

Computed Attorney Qtr. Bonus based on hours worked

Managed Banking Relationship

Improved employee benefit package with medical, dental, vision, life, 401(K) plus employer match, LTD and cafeteria plan

Excellent communication and interpersonal skills

Custom Foods Inc. – La Mirada, CA

Financial Controller 2020 to 2022

Managed all accounting activities for company with $22M in annual revenue. Hired, trained, and supervised team members. Reported to President / CEO

Key Achievements:

Lead accounting and finance department

Prepared financials, monthly analysis to track progress of the company in relation to financial

targets and goals.

Budgeting, forecasting and process improvement initiatives

Ensured complete, accurate and timely management of financials

Managed yearly financial and external audits

Implemented new process to increase accuracy with data entry and month end balancing which resulted in a 50% savings in yearly Audit Expense

Ensured effective cash flow management

Implemented financial controls and reporting.

Structure cross-functional teams for joint projects

Streamlined collection and invoicing process to improve cash flow

Streamlined Accounts Payable and managed cash flow

Weekly Soft Close

Improved monthly closing procedures

Led transition from Paychex to Paylocity with Vacation / Sick Accrual

Maintained Banking Relationship

Improved employee retention by implementing company’s benefit package with medical, dental, vision, life, 401(k) plus employer match, LTD and cafeteria plan

Elizabeth Food Company Inc. – Compton, CA

Financial Controller 2016 to 2020

Managed all accounting activities for company with $18M in annual revenue. Hired, trained, and supervised team members. Reported to President.

Key Achievements:

Supported Leadership strategic decision making by ensuring informative management reports and analysis are created and disseminated on a routine basis.

Prepared all financial reports, analysis & ensuring the proper accounting/internal controls and analytical systems and approaches are in place.

Managed directing the treasury services for the organizations, including weekly cash forecasting.

Created and implemented financial policies and procedures to identify, resolve and document accounting issues in addition to creating procedures to make the close and reporting process more efficient and accurate.

Safeguarded assets and assures accurate and timely recording of all transactions by implementing disciplines of internal audits, controls and checks across all departments.

Supervisor and mentor to accounting staff members.

Implemented new process to increase accuracy with data entry and month end balancing which resulted in a 40% savings in yearly Audit Expense.

Established internal control by maintaining accounting principles GAAP, practices, procedures.

Improved employee retention by implementing company’s benefit package with medical, dental, vision, life, 401(k) plus employer match, LTD and cafeteria plan.

Maintained Banking Relationship.

Secured 5M Capital for Equipment Addition.

Led transition from Telepayroll to Paylocity, with Vacation / Sick Accrual.

Resolve Systems, LLC – Irvine, CA

Financial Controller 2009 to 2016

Managed all accounting activities for company with $15M in annual revenue. Hired, trained, and supervised team members. Reported to VP of Finance.

Key Achievements:

Oversaw Month End Close, Schedules and Management Reporting.

Prepared Department Budget and Rolled it up to Company Budget.

Managed filing Sales Tax for 38+ States.

Led transition from PayChex to ADP, including 401(k).

Worked with Company External Auditor closely.

Maintained Banking Relationship, including Monthly Investor Reporting.

International Management Systems Corporation – Marina Del Rey, CA

Financial Controller 1994 to 2009

Oversaw IT consulting firm with $18M in annual revenue. Hired, trained, and supervised team of eight accounting and administrative professionals. Prepared management budgets and financial projections. Established and maintained internal controls. Reported to President.

Key Achievements:

Led transition from manual accounting system to automated accounting package (SBT), which enhanced timeliness and accessibility of financial statements while improving accounts payable and cash flow.

Improved recruiting of top candidates by researching and implementing benefit package with medical, dental, 401(k), life insurance, long-term disability, and flexible spending.

Increased efficiency by implementing automated payroll and time tracking through ADP.

Developed billing system to ensure accurate tracking and billing of all customer activity reduced costs associated with insurance (10%), building lease (4%), benefits (5%), and maintenance (7%) by identifying opportunities for cost reductions. Improved corporate strategic planning by implementing weekly financial forecasts.

ADDITIONAL RELEVANT EXPERIENCE

SunWest Mortgage Company, Inc. – Cerritos, CA

Financial Controller

EDUCATION AND CREDENTIALS

Bachelor of Arts in Business Administration · West Coast University – Orange, CA

Bachelor of Commerce · New College – Madras, India

Associations:

Member, IS Associates, 2000 to 2009

Computer Skills:

Microsoft Office, Lotus 123, NetSuite, MAS 90, SBT, Timeslip, QuickBooks, Sage02, ProLaw

Contact this candidate