Chief financial officer
Resume:
SHUPTO MAHBUB
Folsom, CA *****
East Elmhurst, NY 11369
Phone: 917-***-****
*******@*****.***
PROFESSIONAL EXPERIENCE:
The Agency WorX, LLC NYC, NY
CFO APR ‘19 – Present
Protects the financial stability and resources of the organization through proper procedures and controls that mitigate risk.
Serves as a financial advisor on the partners.
Provides significant contribution to process innovations, strategic planning and cost modeling for sales force team.
Provides leadership, development, and oversight of accounting staff to develop a high performing team that consistently exceeds companywide objectives.
Acts as a strategic member of the leadership team to evaluate strategic opportunities, tactical initiatives, business threats and key business investments across the organization.
Oversees and prepares the company’s monthly and annual financial statements in accordance with GAAP.
Serves as the chief financial liaison to the company’s external auditors and tax preparers.
Prepare all financial reports monthly and quarterly and distribute them to shareholder.
Implement and manage new accounting software migration.
Oversees and supports a team of professional accountants who manage daily payroll, billing, accounting, and collections
Works in collaboration with the CEO and regional leaders on financial forecasts, cost management, budgets and statistical tracking.
Responsible for daily cash management, institutional financing, bank relationship management and line of credit reporting and audits.
Provides collaborative leadership to human resources for the coordination of payroll and benefits policies and procedures.
Ensures that effective internal financial and accounting controls are in place.
Ensures compliance with DOL, ERISA, IRS and generally all federal, state and local regulatory laws and rules for payroll, financial and tax reporting.
Functions as the main point of contact for legal matters which may arise.
Provides administrative oversight for the company 401K retirement plan.
Oversees annual insurance renewals for workers compensation, health plans, and liability insurance programs.
Paper Enterprise, Inc. Bronx, NY
CFO APR ‘18 – APR 19
Protects the financial stability and resources of the organization through proper procedures and controls that mitigate risk.
Provides leadership, development, and oversight of accounting staff to develop a high performing team that consistently exceeds companywide objectives.
Acts as a strategic member of the leadership team to evaluate strategic opportunities, tactical initiatives, business threats and key business investments across the organization.
Oversee and manage all aspects of finance department A/P, A/R, and tax.
Oversee and manage manufacturers' contracts for promotions and discounts monthly.
Prepare operating budget and monitor month over month with actual performance.
Manage Line of credit, LOC, daily and monthly.
Prepare all financial reports monthly and quarterly and distribute them to shareholder.
Implement and manage new accounting software migration.
Involve monthly inventory audits with auditors for positive outcomes.
Involve with all the financial audits throughout the years
Control all operating costs with HR and the operation director.
Forrest Solution Group, Inc. Manhattan, NY
Controller Jan ‘17 – APR 18
Actively participate in monthly accounting close; ensure compliance with applicable internal and external accounting standards and financial practices
Assist VP of Finance with operating budgets and financial projections consistent with corporate objectives/deliverables
Prepare and present full set of financials, B/S & P & L, for parent and subsidiary in accordance with U.S. GAAP
Establish and execute financial controls and accounting procedures
Review all types of revenue contracts with legal and sales department
Review monthly recurring revenue and deferred revenue
Indentify capital lease and operating lease as per ASC 840 and record short and long term assets and liabilities
Prepare all cash account reconciliation
Actively participate in cost proposal or any type of adjustments to the base proposal; review with the executive team
Establish and deliver insightful management reporting packages
Forecast weekly cash flow for the parent and subsidiary
Provide support to outside accountants with regards to income tax preparation
Calculate and file New York State monthly and quarterly sales tax
Calculate and file New York City commercial rent tax
Review for accuracy weekly and biweekly payroll
Prepare and enter month end and year end journal entries
Oversee A/P & A/R department (8 Employees)
Perform B/S & P&L accounts variance analysis, monthly
Prepare monthly commission for various plans
OPEN SYSTEMS TECHNOLOGIES, INC. NYC, NY
Deputy CFO/Controller, Aug ’14 – Dec 2016
Actively participate in monthly accounting close; ensure compliance with applicable internal and external accounting standards and financial practices
Assist with the development of operating budgets and financial projections consistent with corporate objectives/deliverables
Partner with various levels of management on the business planning process including validating models and rationalizing incremental resources (headcount, expense, capital) for calendar year initiatives
Establish and execute financial controls and accounting procedures
Establish and deliver insightful management reporting packages working closely with managing partners to define operational, financial and management information needs
Manage and forecast the company’s cash flow
Encourage client account managers and managing partners of their financials through education and regular financial review meetings for their clients
Provide support to outside accountants with regards to income tax preparation
Ensure timeliness and accuracy of all finance-related statutory filings, including sales tax and commercial rent tax
Responsible for overseeing all Internal and External Audits
Ensure business license for existing and new office are valid and renewed in a timely manner for State and local level jurisdiction
Perform due diligence, create business cases, and provide decision support to management for strategic initiatives, business expansion, potential acquisitions and joint ventures
Prepare periodic business and financial presentations with Executive Management discussing performance against plan
Design and implement systems, tools and reporting used in developing financial strategies
Continually streamline processes and proactively develop ways to enhance financial support to managing partners and client account managers
Assistant Controller, Feb ’09 – Jul ‘14
Advanced company’s profit performance through establishment of systems for financial planning, forecasting, and modeling.
Assisted CFO with developing and implementing financial systems and controls
Assisted CFO and CIO with the re-structure and growth of IT, providing guidance on company’s financial data
Calculated monthly cost and revenue accruals for monthly income statement
Prepared and presented full set of financials, B/S & P & L, for parent and subsidiaries in accordance with U.S. GAAP and Canadian GAAP/IFRS.
Prepared and entered month end and year end journal entries
Forecasted cash flow analysis for current and future periods
Performed cost and revenue projections
Oversaw A/P & A/R department (10 Employees)
Projected and processed discount and referral fees for several vendors
Forecasted reserve schedule monthly and annually for various clients
Performed B/S & P&L accounts variance analysis, monthly
Prepared audit reports and schedules for external auditors
Analyzed sales tax payable and filed sales tax with various states
Calculated, analyzed, and filed gross receipts tax and excise tax returns with various states
Designed computerized systems to maximize productivity and both accounting and reporting functions.
Researched, evaluated, and reported on business investments, acquisitions, and planning initiatives.
Prepared financial reports summaries to predict economic and financial standing, taking into consideration revenues, expenditures, and net assets based on past and present operations.
Developed, implemented, and controlled cash management operations.
Senior Accountant, Jun ’08 – Jan ‘09
Prepared bi-weekly Payroll for 300 consultants
Prepared monthly A/R and P/R reconciliation
Processed Cash receipts and apply credits to various clients
Performed G/L analysis for all accounts
Prepared several monthly A/R schedule in regards to credit line for banks
Performed various cost and profit analysis
Prepared yearly cash receipts schedule by state for tax purposes
Prepared and process Modified Business Sales Tax for two states
Performed other accounting duties upon CFO’s request
TOURO COLLEGE NYC, NY
Staff Accountant Aug ‘06 - Jun ‘08
Entered month end journal entries for receivable accounts.
Prepared monthly reconciliation for student receivable accounts and credit card receivables account.
Performed analysis for various assets and expense accounts.
Recorded and allocated prepaid insurance to appropriate cost center and business units
Prepared insurance expense amortization schedules and quarterly journal entries
Prepared fixed asset depreciation schedules, rent commencement schedules, and rent roll-forward schedules
Performed various other accounting duties upon supervisor’s request
EDUCATION:
Queens College Queens Queens, NY
B.S. in Economics Jun ‘06
Minor: Accounting
OTHER SKILLS:
Proficient in Microsoft Word, Microsoft PowerPoint, Microsoft Excel (Vlookups, Macros, & Pivot Tables), Quick books Pro, JD Edwards, Net suite, Chameleon, MAS 200, MAS 500, Sales force, Accounting seed, SAP FI, Bullhorn, Job Diva, Job Science, FRX and C++, & Alavara Sales Tax software.
Contact this candidate