Elvira A Spivak

CPA Candidate Pleasanton, CA ****6

510-***-**** E-mail: ad4h1b@r.postjobfree.com

Summary: Structured Accounting Manager driven to go above and beyond to exceed corporate goals and lead teams to meet objectives. Adept in team training and development, highlighted over 20 years of accounting/management experience within accounting field.

Skills: • Accounting • Auditing • Account reconciliation • Business Process Improvement • Cross Functional Team Leadership • Financial Reporting • GAAP • General Ledger (Fixed Assets, A/P, A/R, Prepaids) • Internal Audit • Sarbanes-Oxley Act • Variance Analysis

Professional Experience:

10x Genomics, Inc. Pleasanton, CA (November 2023 – Current)

Senior Manager, Accounts Payable

Lead and manage a team of accounts payable professionals, providing guidance, training, and support to ensure optimal performance.

Foster a positive and collaborative work environment, promoting continuous learning and development within the accounts payable team.

Document key AP administrative processes and controls.

Monitor and manage cash flow related to accounts payable, optimizing working capital while ensuring timely and accurate payments.

Collaborate with the broader finance team to facilitate a smooth month-end close process, reconciling accounts and addressing any discrepancies.

Ensure compliance with relevant regulations and company policies, staying up-to-date with changes in accounting standards and legislation.

Generate accurate and timely financial reports related to accounts payable, supporting the broader financial reporting requirements of the organization.

Maintain strong relationships, resolve issues promptly, and negotiate favorable payment terms to optimize cash flow.

Manage the employee expense reimbursement process.

Ensure compliance to SOX controls, procedures, and processes.

Manage 1099 tax processing and reconciliation.

Implement and streamline efficient accounts payable processes, utilizing best practices to enhance accuracy and productivity.

Review and monitoring of aged invoices as well as assisting the Treasury team in forecasting cash requirements.

Set goals for the AP team that are specific for department functionality and improvement, ensuring they are measurable, attainable and relevant to the entire organization.

Accounting applications: Oracle Fusion, FloQast, Concur, Workiva.

Lucid Motors Inc. Newark, CA (April 2023 – October 2023)

Accounting Supervisor

Prepared and managed general ledger entries related to various general ledger accounts.

Reconciled balance sheet accounts related to Prepaids, Accruals, Deposits, Deferred Rent, etc. at period end to ensure balances are fully supported.

Performed account analysis to ensure journal entries and balances are correct.

Reviewed lease agreements and prepare deferred rent schedules including ST and LT classification of such balances and release of such deferred rent into P&L.

Prepared quarterly cash flows on a consolidated basis.

Participated with management to guide and influence long term and strategic decision making.

Assisted with implementation of processes and control in accordance with SOX compliance. Evaluated processes/controls to improve efficiency (through various techniques such as process streamlining and/or automation) and effectiveness on a continuous basis.

Worked with external auditors and manage audit requests to drive timely completion of annual audits.

Accounting applications: SAP S/4HANA Cloud, BlackLine.

10x Genomics, Inc. Pleasanton, CA (November 2021 – April 2023)

Accounting Manager

Managed month-end close procedures including but not limited to preparing, reviewing and posting journal entries, account reconciliations, fixed asset schedules, prepaid expense and accruals (Legal, Open PO, etc.) and performing financial statement variance analysis.

Managed and coached seven direct reports (one Accounts Payable Supervisor, four Accounts Payable specialists, one Senior Accountant and one Fixed Assets Accountant).

Ensured close and regulatory deadlines are met including international subsidiaries and managing accounting team to meet those deadlines.

Assisted with quarterly and annual financial reporting process.

Performed fixed assets count of both facilities, Manufacturing and R&D.

Identified improvements to optimize, streamline, and scale accounting close process.

Developed and document business processes and accounting policies to maintain and strengthen internal controls.

Prepared monthly reporting package.

Managed deliverables with internal/external audits.

Processed ad-hoc analysis and projects as needed.

Implemented FloQast system.

Accounting application: Oracle Fusion, FloQast, Concur, Workiva.

The Cooper Companies, Inc. Pleasanton, CA (November 2016 – August 2021)

Senior Staff Accountant

Performed duties of interim accounting manager.

On an ongoing basis and with an excellent understanding of proper accounting practices and controls, maintained the general ledger by ensuring proper and timely entering and recording of financial transactions in the general ledger in accordance with GAAP and company policies.

Reviewed accounts payable batches for accuracy, proper approval and account coding following company standard practices and generally accepted accounting practices.

With a solid understanding of accounting practices and controls, developed and enforced proper accounting processes and procedures for practice within the department and company. This included developing and maintaining desktop procedures and manuals.

On an on-going basis, participated in the month-end close processes by performing activities that included but were not limited to preparing, reviewing and posting journal entries.

Assisted Cost Accounting Team to calculate total manufacturing cost and COGS.

Proactively pursued business issues that impacted the general ledger and evaluated the situation for acceptable solutions. Proposed resolution to management and other affected areas/departments. Coordinated solutions of various scope and complexity with internal and external groups.

Assisted with ongoing account reconciliation and specific projects by reviewing and researching assigned accounts. Ensured that general ledger accounts were resolved and reconciled. This entailed the review of account reconciliations with management.

Assisted in audit planning and requirements to ensure smooth operations and processes.

Assisted in budget preparation.

Assisted in the review and streamlining of necessary internal controls and processes.

Provided accounting support to the Senior Director of Finance on special projects as required or assigned.

Performed other duties as assigned or apparent.

Proficient with BlackLine web portal.

SmartZip Analytics, Inc. Pleasanton, CA (November 2015 – September 2016)

Senior Staff Accountant

Performed complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.

Utilized Concur business travel & expense management software to review, approved & initiated payments to employees on a weekly basis.

Calculated monthly sales commissions for ~140 account executives & managers by using Salesforce.com & Xactly softwares.

Received all incoming invoices, matched invoices to purchase orders, routed for approvals, entered into accounting system, prepared weekly accounts payable listing, identified vendors for payment, and insured timely accurate payment of vendor invoices.

Assisted with bank activities, prepared weekly cash report, prepared cash transfer requests, reconciled cash accounts & routed checks for signature.

Received all incoming checks, prepared weekly cash collections report with aged receivables report; assisted with collections as needed.

Made sure financial records are maintained in compliance with accepted policies and procedures, maintained month end account reconciliation.

Maintained Customer and Vendor Files.

Assisted with quarterly reviews and annual financial audits.

Molecular Devices, LLC Sunnyvale, CA (April 2011 – November 2015)

Accounts Receivable Lead

Performed month-end close. Duties include: preparing journal entries and variances analysis as required. Provided detailed explanations supporting forecast and budget variances.

Prepared bad debt expense analysis.

Reconciled balance sheet and intercompany accounts on a monthly basis.

Forecasted collections and strategize their improvements.

Managed international and domestic customer accounts.

Financial analysis (Excel).

Performed accounting functions in ORACLE 11i & R12

Rainin Instruments, LLC Oakland, CA (October 2008 – April 2011)

Accounts Receivable Supervisor / Financial Analyst

Led/performed month-end close. Duties include: preparing journal entries and variances analysis as required. Review operating expense trends against forecast. Prepared month end variance analysis providing detailed explanations supporting forecast and budget variances. Assisted in annual expense budgeting process, including analysis used to build financial models. Completed ad hoc analysis as requested to answer questions relating to capital activity, expense trends, and other items. Designed and executed analysis to answer ad hoc questions using Excel and Oracle.

Supervised five Accounts Receivable Representatives.

Established processes in areas where none currently existed (implemented credit card automation process).

Compiled and analyzed financial information to document transactions and prepare journal entries.

Reconciled a variety of accounts and balance sheets to ensure accurate month quarter, annual end closure and cash flow forecasts.

Analyzed financial information detailing assets, liabilities, and capital.

Prepared Daily Sales Flash Report.

Prepared cash flow forecasts for accounts payable disbursement.

Prepared monthly expense accrual.

Reconciled company credit cards and corporate travel payments monthly.

Accurately reconciled and recorded fixed assets and depreciation monthly.

Implemented SOX compliance/audit related activities.

Led consolidation process in Oracle.

Forecasted collections and strategize their improvements.

Managed international and domestic customer accounts.

Supported the annual planning and periodic forecasting process.

Prepared balance sheet reconciliations.

Analyzed actual results and compared to Plan and Forecast.

Supported the annual planning and periodic forecasting process.

Performed accounting functions in ORACLE.

Pump It Up Management, LLC. Pleasanton, CA (January 2006 – October 2008)

Staff Accountant

Accomplishments: Reorganized accounting process for the financial department

Duties:

Full operating accounting cycles such as Accounts Receivable/ Accounts Payable.

Monthly, Quarterly and Annual End Close cycle.

Accounts reconciliations, expense analysis, bank reconciliations, General Ledger.

Performed biweekly payroll and sales tax returns.

Provided on-going support to various business partners.

Supervised clerical staff.

Used EFT, E-chx QuickBooks, and Excel for accounting activities.

Levy & Company, CPAs, Oakland, CA (October 2003-December 2005)

Staff Accountant/Auditor

Assisted CPAs on audits, balance sheet reconciliations, reviewed and compiled Accounts Receivable/ Accounts Payable and income taxes.

Provided necessary schedules and analyses to support quarterly reviews and annual audits.

Prepared statistical sampling, calculating insurance expenses, replacement reserve funding studies preparation, annual pro-forma operating budget, reserve budgets.

Supervised, managed and trained clerical staff and interns.

Education:

California State University, Hayward

Bachelor of Science in Accounting, September 2003, accounting GPA 3.95/4.00

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