Financial Planning Reporting

HERB CUYONG

*** * ***** *** **** B Redondo Beach, CA 90277 714-***-**** ****@*****.***

SUMMARY

A work history exceeding 15 years of successful and responsible experience in accounting and finance.

Designed and implemented spreadsheets and database solutions for internal controls, cost-containment budgets, cash-flow management, and other accounting needs.

Possess exceptional research and analytical skills to assist and foresee financial planning variances.

Audit and analyze financial operations for accuracy and conformity to standard accounting procedures.

Analyze accounting data to facilitate management planning and decision-making.

Able to recruit, train, oversee, and motivate personnel - balances staffing strength and growth.

Pacifica Hotels $18 M Aliso Viejo, CA Jul 2024 - Present

Area Hospitality Financial Controller

Manage financial reporting and analysis for all properties within the region

Ensure accurate and timely financial statements, budgets, and forecasts.

Monitor key performance indicators (KPIs) to assess financial health and Operational efficiency.

Lead the annual budgeting process and quarterly forecasting for the region.

Collaborate with property general managers to develop realistic financial targets and strategies.

Identify opportunities for cost reduction and revenue enhancement across properties.

Ensure compliance with local, state, and federal financial regulations.

Provide financial insights and recommendations to regional management for strategic decision-making.

Prepare and present financial reports to senior management, highlighting trends, variances, and opportunities.

Conduct regular financial reviews with property managers to discuss performance and strategies.

Borba Property Group $4.5M Long Beach, CA Jan 2021 – July 2024

Dir of Finance and Accounting

Oversees all Financial and Accounting activities of Borba Inc and Borba Client Accounting and the management of personnel within the accounting department.

Produces monthly Financial Statements for review with Ownership.

Established and implemented process improvement initiatives to streamline workflows.

Oversees and maintains property management trust accounts in compliance with DRE regulations.

Files county taxes and prepares proposed state and federal taxes for the CPA.

Prepares reports required by regulatory agencies. Census and Workers comp audits.

Worked with different departments to implement KPI’s to be used as metrics of performance and basis of quarterly bonus compensation.

Advises management about insurance coverage for protection against potential liabilities.

Provides management with reviews of the organization’s financial status and progress in its various initiatives.

Works with independent CPA firm in various areas of accounting.

Arranges for various audits, including insurance and worker’s compensation audits.

Reconciles inventory with the logistic manager and the warehouse manager.

Files county taxes and prepares proposed state and federal taxes for the CPA.

Prepares reports required by regulatory agencies.

Establishes relations with banks and other financial institutions.

Grand Welcome Inc 27M Torrance, CA August 2018 – January 2021

Controller

Reviewed & maintained financial records to ensure accessibility & readiness for internal & external needs.

Managed monthly, quarterly, and annual close:

oIssued timely and completed monthly and quarterly statements and reporting package with supporting schedules.

oPrepared quarterly and annual financial statements including supporting schedules.

Supervised and trained accounting staff

Reviewed the general ledger & analyzed details to ensure all accounts were reconciled and transactions recorded properly.

Reviewed Bank Reconciliations and other month-end work products prepared by staff.

Resolved accounting discrepancies and irregularities.

Read business agreements to determine the effect on accounting, and to ensure that the company stayed in compliance and met all covenants.

Recommended benchmarks for financial performance measurement

Developed and compiled financial and operating metrics.

Managed annual budgets and forecasts.

Monitored debt levels and compliance with debt covenants.

Managed and streamlined information for external auditors for annual audit.

Monitored compliance with local, state, regulatory and government requirements.

Developed, implemented and/or made enhancements to accounting control procedures.

Kellytoy Inc. 72M Los ángeles, CA April 2015 – July 2018

Controller

Managed a strong accounting department that fully supported the Company’s objectives and held the team accountable for timely, proactive, and high-quality performance.

Worked as thought partner to the CEO and CFO Operational Finance

Established, implemented, and enforced financial and reporting policies and standards in compliance with GAAP and requirements of other applicable regulatory bodies.

Oversaw internal controls to ensure timely, accurate and reliable financial statement and reporting.

Made certain that all accounting transactions are executed and recorded with appropriate internal approval and that the assets of the Company were safeguarded.

Proactively communicated meaningful financial information to both local management and corporate management to enable them to make prudent decisions.

Fostered a culture that encouraged the highest level of integrity and ethical behavior in all business activities.

Coordinated the provision of information to external auditors for the annual audit.

NEWMARK, GRUBB, KNIGHT, FRANK (Formerly Grubb & Ellis) 400M Santa Ana, CA 2009- 2015

AVP/Senior Corporate Accountant

Collaborated with Senior Vice President and Chief Accounting Officer to ensure proper financial reporting.

Reviewed and approved financial statements at close of accounting period for each property.

Liaised with external auditors/consultant for audits and reviews.

Supported and validated the tax-provision work for year-end audits.

Prepared quarterly reports summarizing related party activity for the Audit Committee.

Served as primary contact on acquisitions, handled all transitional accounting issues.

Oversaw banking processes to meet client requirements.

INTELECOM 20M 501c Pasadena, CA. October 2007 – April 2009

Director of Accounting and Operations

Responsible for systems and procedures associated with accounts payable and receivable, cash receipts, general ledger, payroll, financial statement preparation, protection of company assets, forecasting, budgeting, and daily cash management and managed Human Resources operations.

Coordinated with external auditors, and prepared audit schedules.

Established new policies and employee evaluation program.

Centralized external and internal documents and files.

Established a Post-Retirement Health Benefit fund for retired employees.

CHAMSON MANAGEMENT / DOUBLETREE HOTEL 95 M Santa Ana, CA March 2005 – October 2007

Controller

Managed the Accounting Department, prepared and reported financial information to property owners, and conducted periodic audits to safeguard assets.

Reviewed and provided statistical data with department heads to manage and maximize overall cost efficiency.

Assisted upper management as member of renovation committee.

Managed monthly General Ledger reporting and directly supervised accounts payable and receivable.

Coordinated monthly variance review and investigated actual-to-budget variances.

Oversaw accounting operations, maintained General Ledger, and monitored cash flow daily.

Handled all banking and reviewed bank reconciliations.

Prepared financial statements and annual/quarterly reporting and tax filings.

Outlined and implemented control procedures.

Conducted periodic audits of control procedures with campuses, and assisted with government certification audits

INST FOR PROF DEVELOPMENT 25M Laguna Hills, CA February 2003 – March 2005

Division Accounting Manager

Administered and maintained campus and division accounting systems & insured that high quality and consistent cost-effective procedures were utilized.

Directly supervised accounts payable and receivable. Managed monthly General Ledger reporting. Coordinated monthly variance review and investigated actual-to-budget variances.

Analyzed accounting data for management planning and decision-making at campus level including detailed assets, liabilities, and capital.

Prepared balance sheets and profit-and-loss statements, and other reports to summarize current and projected financial position for campus and division.

Managed facility and department expenditures and relat4ed contracting functions.

COMPUTER EDUCATION INSTITUTE 22M Lake Forest, CA October 1999 – January 2003

Controller

Oversaw accounting operations maintained General Ledger and monitored cash flow daily.

Handled all banking and reviewed bank reconciliations.

Prepared financial statements and annual/quarterly reporting and tax filings.

Outlined and implemented control procedures. Conducted periodic audits of control procedures with campuses and assisted with government certification audits.

EDUCATION

San Beda College

Bachelor of Arts, Business/Finance

SOFTWARE

NetSuite Oracle

Mas 90 QuickBooks

Solomon Lawson

Peachtree Other ERP’s

SAP Business One Sage Intaact

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