Accounts Payable Loan Iq

Po-Hsiu Chou

• Familiar with Hot Docs, Loan IQ system for commercial property payoff demand,

CLC/Oracle funding/closing systems with syndication, review loan documents,

FIS/CLC systems with HELOC, CLC system for mortgage funding/closing,

Rapid/CLC systems for business, Oracle system for construction, disbursement

and loan closing servicing experience.

• Excellent accounting and reconciliation skill

• Experience reconciling documents, schedules, and statements with data in

systems and identifying discrepancies

• Very detail oriented, can work at fast pace

• Computer: MS Word, Excel, FIS, Loan IQ, QuickBooks, Sage100, Oracle, Fiserv,

MS Dynamics Navision, SAP and CLC systems

• Material payment, clearing and settlement system as follows:

1. Fedwire Fund Service Payment Processing & Cash Settlement

2. Society for Worldwide Interbank Financial Telecommunication (SWIFT)

EXPERIENCE:

Tofasco of America, Inc

• E-Commerce

09/18/2023-11/30/2023

General Ledger Staff Accountant Assistant

Received incoming wire, ACH, checks deposits and cash for daily payment transactions to be posted into the BPO accounts, download payment details from the website Amazon, Target, Home Depot, Sam’s Club, Walmart, Kohl's, ACE, CVS, Shopify and Lowe’s and complete the payment applications.

Posting sales order, sales return, credit memo, charge back and process disputes from retail link website.

Maintains cash management report for month end general ledgers, related accounts and write-off charge back for charge back AR aging report in MS Dynamics Navision system (May-Nov 2023).

Assists in balancing bank related general ledger accounts for monthly.

GWC Technology, Inc

02/2023 -04/2023

Accounts Payable

Maintains general ledgers, related accounts, and subsidiary ledgers.

Maintains credit card purchases, gas card, sales team travel expenses, payment of invoices, maintenance of electronic, paper files, problem resolution, audit support, and reconciles SAP accounting systems for accuracy.

Prepare of Excel spreadsheets for accounts payable analysis double entry expense will be paid in future prepaid expense, accrue expenses, deferred fee, prepaid rent, prepaid insurance (audit support and reconciles SAP accounting system accuracy) daily update for monthly purpose.

Assists in balancing payroll related general ledger accounts and tax return (sales tax, excise tax, federal and state payroll taxes).

Below is a list for preparation monthly reporting to accounting manager (CPA on site).

Financial Report (Balance Sheet and Income Statement).

GL Report.

AP-Aging.

Account Analysis.

Bank Reconciliation (East West Bank and Cathay Bank).

Tax Calculation.

Petty Cash.

Fixed Assets.

Trial Balance.

Inventory Aging.

Bad Debts Allowance.

Monthly Sales, Purchase and AR, AP Reconciliation.

Operating Cost Report.

Durofix Inc

• E-Commerce

12/2022-02/2023

Accounting Specialist

Process daily E-commerce platform for Amazon Vendor, Seller central accounts, Walmart, Shopify and e-Bay match incoming wire amount with different currency payments receive as the USA, CAD, MXN and JPY.

Complete daily tasks and reconciliations of Chase and Comerica Bank accounts.

Maintains Oracle accounting system daily accounts receivable, AR aging report and prepare monthly overdue reports.

Assist E-commerce team for monthly Amazon's PO reconciliations report and payments cleaning.

Highlight Technologies LLC - Fully Remote

• Specialized Project

04/2021 -12/2021

Loan Specialist (SBA Loan)

Remotely support the small business administration (SBA).

Specialized projects and assignments.

Importing and exporting data from online and electronic databases including web-based systems.

Experience for reconciling documents (Rapid system), schedules and financial statement (fiscal years) with data in systems and identifying discrepancies.

Evaluated incoming source documents, identifying discrepancies and their sources and recommending corrective action.

SBA loan borrowers' income evaluates analyzing common trends that result in end user system error (Rapid system) with types of loan tax transcript (IRS) form 1040 and form 1065 and form 1099 for different enterprise revenue.

Reconcile tax transcript (IRS) match with the loan type (Rapid system) performing internal control reviews.

Analyzing financial statements of SBA disaster loans (Rapid system borrowers), which are considered potential problems; comparing present with previous statements (IRS fiscal year) to determine trends in financial conditions and compliance with loan terms and conditions for IRS fiscal year purpose. Making recommendations or decisions to approve or decline business loans to support documentation for the federal department of SBA.

Review applications have 100% ownership interest in business, the SSN & EIN search no duplicates fund, applicant meets minimum credit score requirements, tax transcripts match application (update gross revenues & cost of goods sold). Rapid decision (approve or decline) for loan advance.

Analyzes financial and credit data documents to make sound eligibility, feasibility, and credit-worthiness determinations and takes appropriate action for orderly processing of the loan.

Receive, download request documents for reconsideration and open modification or reactivation from rapid system.

Contact the borrower by email requesting and over the telephone to provide clear for a resolution of the board, certificate of entity and proof of insurance for economic Injury disaster loan.

Receive, review a resolution of the board, certificate of entity, proof of insurance and upload documents to SBA rapid funding system, update Excel spreadsheets and SharePoint site.

Post compliance review requirement.

East West Bank / Loan Department

• Retail Banking Back Office Operations

07/2019-12/2020

Loan Specialist

Prepare of Excel spreadsheets (payment code) use the multiple systems (FIS & financial accounting & CLC systems) then to be processed revolving credit line (FIS system & line code), mortgage loan payments (CLC system) and repayments (commitment reduce) and loan fees calculation (fee code) and amortization of loan fees (FIS & CLC systems) for daily update purpose.

Accept all 120 branch’s email, receive daily incoming mail checks then to be posted HELOC (home equity lines of credit) payments, repayments with assisting borrower with inquiries about account and payment status.

Process speed payments, manual drafts, shadow payments (charge off), return items, deferred interest payments (fee code), Incoming wire payments, HELOC (home equity lines of credit) advances request (line code), reconciling GL with accounting department and speed payments clearing.

First Commercial Bank / Loan Department

• Wholesale Lending

11/2018-07/2019

Loan Specialist

Book loans to the loan system, wire instruction and process complex transactions.

Process syndication and special assets originated from customers and internal business partners, enters new construction loans in the oracle system. Sets up loan budget; reviews data input for accuracy and ensures the new loan set up line items budgets are in accordance with approval and resolving financial discrepancies to management.

Preparation of syndication loan and construction loan docs for new funding, create borrowers file, prepare wire form, sets up new line code and renew line code for loan types(commitment).

Receive wire room details process daily income wire release (fund available).

Incoming wire receive commitment fees income, loan fees be scheduled issues cashier’s check to pay loan fees, break funding fees calculation and amortization of loan fees.

Principal & interest payments process (syndication, commercial, construction and mortgage loan), advances, repayment, pay down and payoff request.

Process conversion facility from revolving credit line to term loan with the loan system will be paid interest first then pay down principal and convert to term loan.

Process different loan deal for LC extension the swing line.

Analyzing common trends that result in end user system errors.

Example: 1. Collection receives interest's payments will be paid in future for quarterly interests. Reconcile general ledger (Oracle system) with other payable, receivable accounts balance performing internal control reviews. (paid and unpaid interests for quarterly, resolving financial discrepancies audit to management).

Example: 2. Receive the construction funding request draw (budget funding) for interest payment will be changed term loan line code (Oracle system) to revolving line code to be funded. Reconcile term loan (Oracle system) with line code should be corrected and commitment balance performing internal control reviews.

Example: 3. Prepare of Excel spreadsheets for collection receive commitment fees income payments will be received in future commitment fees for quarterly fees income. Reconcile general ledger (Oracle system) with other payable, receivable accounts balance (preforming internal control reviews) daily update for quarterly purpose.

Pending interest's and fees income for quarterly, resolving financial discrepancies audit to management.

Additional support compliance department to prepare financial statements for audit and OFAC compliance (office of foreign assets control) search information and time deposits audit to management.

Adecco Staffing/ Merrill lynch (Bank of America), Pasadena

• Commercial Property Lending-Prepayment Team

07/2018-11/2018

Loan Specialist

Importing and exporting data from online and electronic databases including web-based systems.

Calculation for loan fees requesting email pricing team by term of loan type and update payoff amount with Excel spreadsheets.

Preparation for payoff demand from Hot Doc's system documentation, amendment agreement, primary note, credit agreement, prepayment, promissory notes, government bond, deed and trust with commercial property loan, credit approval, prime and LIBOR rate, term condition, break funding fees calculation, screen snipping, interest per diem from Loan IQ system and complete PDF format with secure email send out third party or sales force team requesting for provide payoff demand.

Platinum Coast Management Corp

• EB-5 Investors Management (The lawyer, architect and CPA on site).

10/2017-02/2018

Accounting Clerk

Collection of daily sales reports, save on e-files.

Process credit card reports and bank reconciliations.

3rd quarter sales tax return, created excel pivot table report for project revenue.

Analyze and estimate revenue in the future business date (estimate borrowers repayment).

Make recommendations to immediate supervisor and senior management based on statistical analysis and interpretation of data.

Full cycle accounts receivable and monthly reports.

Infinity Consulting Solutions, Inc/CTBC Bank Loan Department

• Retail Banking Operations

05/2016-02/2017

Loan Specialist

Process new mortgage loan funding and perform maintenance for loan documents on e-files.

Review and analyzes all supporting documents to determine loan eligibility and input data into appropriate automated database system (MS Dynamics).

Process operation ACH form set up, assisting internal customers with inquiries regarding online outgoing wire transfer the use and functionality of financial and administrative systems, update for the CTBC Bank account change form, POA form, mortgage monthly payments, payoff and maintenance for 1098, W9, and W8 forms.

Notifies the borrower in writing of the amount due, not later than 30 days after the date that the account receivable arose.

Make recommendations to immediate supervisor and senior management based on statistical analysis and interpretation of data.

Preparation of monthly overdue report and send out the past due notice for 30-day, 45-day, 60-day, and 90-day notice.

Pan Pacific Management LLC

• Both of Commercial and Residential Property Management Accounting (The real estate agent and architect on site).

02/2011-02/2016

Bookkeeper

Create and post all transactions of journal entries and sent out the monthly billing statements for tenant and landlord.

Fully cycle accounts receivable for collection of monthly paid rent deposits.

Accounts payable, handled weekly check runs, paid invoices, payroll expenses, pay tax, auto payment and bank reconciliations.

Collection for management fees, expense will be paid in future or revenue will be received in future. Prepaid expense, accrue expenses, deferred fee, prepaid rent, prepaid insurance.

Preparation of monthly profit and loss statement, annual reports and 1099 form tax returns.

Hua Nan Commercial Bank / Loan Department

• Wholesale Lending

04/2010-10/2010

Loan Specialist (Syndication Loan)

Book loans to the loan system, wire instruction and process complex transactions.

Process syndication and internal business partners, enters new commercial loans in the CLC system. Sets up loan portfolio, reviews data input for accuracy and ensures the new loan sets up line items code are in accordance with approval and resolving financial discrepancies to management.

Preparation of syndication loan docs for new funding, create borrowers file, prepare wire form, set up new line code and renew line code for loan types(commitment).

Incoming wire receive commitment fees income, break funding fee calculations and amortization of loan fees.

Principal & interest payments process (syndication, commercial and mortgage loan), advances, repayment, pay down and payoff request.

Process conversion facility from revolving credit line to term loan with the loan system will be paid interest first then pay down principal and convert to term loan.

Process different loan deal for LC extension the swing line.

Analyzing common trends that result in end user system errors.

Example: Collection receive commitment fees income payments will be received in future commitment fees for quarterly fees income. Reconcile general ledger (CLC system) with other payable, receivable accounts balance (performing internal control reviews). Pending interest's and fees income for quarterly, resolving financial discrepancies audit to management.

Preparation of monthly schedule reports (multiple industrial) and quarterly reports for HQ Taiwan in a timely manner.

Renew line code, insurance and extend effective dates.

Material payment, clearing and settlement system as follows:

1.Fedwire Fund Service Payment Processing & Cash Settlement

2.Society for Worldwide Interbank Financial Telecommunication (SWIFT)

EDUCATION:

National Kaohsiung University of Applied Sciences / Kaohsiung, Taiwan

Kaohsiung Vocational High School of Commerce / Kaohsiung, Taiwan

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