Accounts Payable Receivable

Hyun-Tae (Raphael) Kim

**** *. ******* **. *** **1 Chicago, IL 60614

773-***-**** *********@*******.***

Management professional with expertise in cost accounting, general accounting functions, accounts payable, accounts receivable. Superior analytical skills, practiced at drilling down to transaction details in support of process and profit improvement. Fluent in Korean and English. Computer proficient in MS Word, Excel, Power Point, QuickBooks, and Opera.

Additional areas of expertise include:

* Budgeting & Planning * Financial Analysis * Standard Cost Analysis

* Cash/Bank reporting * Inventory Management * Project Management KEY ACCOMPLISMENTS

Contributed to a 30% deficit improvement within 2 years by implementing cost reduction program and products’ price adjustment.

Developed accounting team from the early stage to annual sales volume $10 million within 4 years.

Led the stabilization of the company by implementing budget reductions and managing efficient operation budget during the foreign currency crisis. PROFESSIONAL EXPERIENCE

CL Industries 07/23-Current

Accounting Manager at CFS & Warehousing.

Supervise the day-to-day operations of accounting team including A/P, A/R, bank reconciliation, and account reconciliation.

Assist Month-end and year-end process.

Review and prepare variance analysis of assigned accounts.

Implement AR, AP, Month End closing for “Prattco”, sister company of CLI.

Perform Purchasing process: Research potential vendors, compare and evaluate offers from suppliers, negotiate pricing, track orders and ensure timely delivery and enter order details into the internal system.

Perform other related duties as assigned.

Ritz Carlton Hotel Chicago 09/15-07/23

Accountant at the world premium hotel chain.

Prepare billing invoices for City Ledger direct bill accounts and credit card payments.

Work closely with Sales & Events Department to ensure proper application of all events billing charge and payments.

Prepare of 30/60/90 day aging report for review by Direct of Finance.

Research and respond to the credit card company inquires and charge backs, documents and maintains files.

Monitor customer account details for non-payments, delay payments and other irregularities.

Communicate with customers via phone, email and mail.

Verify all revenue sources are accurately posted, and resolve any unidentified discrepancies.

Import the Daily Report Income Journal into the accounting system for assigned business units.

Provide assistance with month-end closing and year-end financial close procedures.

Interact with other departments and ensure they are providing answers to any discrepancies / variance.

Bliss Inc. Seoul, Korea 04/13-05/15

Manager at a joint venture of “Fauchon” one of the largest food companies in France.

Managed A/R, A/P daily including customer and vendor relations, and the A/P disbursement group when handles all check disbursements.

Developed, oversaw and maintained internal controls and daily operations of the operating department.

Analyzed and prepared weekly and monthly cash flow forecasts, budgets, variances between budget and actual performance.

Assisted departments heads with understanding and making decisions based on financial information and analysis.

Analyzed financial information to provide strategic recommendations and maintain solutions to business.

Hired, trained and directly managed the Accounting, Purchasing, Human Resources teams ensuring efficient process and systems.

Adjusted the price of products through the cost analysis.

Negotiated the price of raw & subsidiary materials with vendors.

Reviewed royalty statements quarterly base.

Managed all employees’ annual salary contracts by evaluating their performances. W.P.I. Inc. Des Plaines, Illinois 03/05-07/12

AR / AP Manager at exclusive agent of U.S.Cellular.

Analyzed revenue and expenditure trends, recommended appropriate budget levels, and ensured expenditure control.

Managed a 6-person team, encouraging personal and professional development of culturally diverse control.

Prepared and maintained various supporting documents (billing, receipts, invoices and purchase orders) for 25 stores, 10 partner stores and 40 subagents

Collaborated with other departments’ business managers to resolve variances, refine forecasts, and identify opportunities for improvement.

Managed full cycle A/P: processed US vendor payments for outstanding invoices, reconciled packing slips, matching the invoices priced and quantity received.

Prepared full cycle A/R: professionally conferred with customers, accurately collected overdue payments on accounts, and posted customer payments to correct accounts and account reconciliation.

Korea Yakult Co., Ltd. Seoul, Korea 01/93-12/00

One of Korea’s largest producers of food and beverages for domestic and international markets Assistant Marketing Manager 01/99-12/00

Developed marketing plan for a beverage line based on film releases, organized five- city street festival with dancers, musicians and carnival attractions.

Supervised work team of 15 people and managed $500,000 budget. Assistant Budget Controller 01/95-12/98

Crafted and monitored $10-million annual budget for manufacturing plant.

Analyzed division’s costs and profit projections for possible divestiture. Junior Development Manager 01/93-12/94

Coordinated marketing and R&D departments to develop and launch new beverage and dairy products.

LG Electronics Seoul, Korea 10/91-12/92

Junior Manager at one of the world’s largest manufacturers of consumer electronics.

Processed export orders and acted as liaison to importers in Russia and Eastern Europe. Education

Master of Arts Management, Columbia College Chicago 09/02-02/05

Concentration in Performing Arts Management

Coursework in presenting live performance, accounting, marketing Master of Business Administration, Sogang University, Seoul, Korea 03/98-06/00

Concentration in Marketing Management, coursework in International Business Bachelor of Arts, Hankuk University of Foreign Studies, Seoul, Korea 03/85-02/92

Major in Russian, minor in English

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