Ng, Jim
Resume:
JIM NG
Highland Heights, Ohio 44143
********@*********.***
CAREER SUMMARY
Experienced CPA, MBA with extensive knowledge in accounting, audit, treasury and risk management. Consistent in driving process improvements in the area of responsibility. Strong work ethic, dependable, and committed to customer needs.
EXPERIENCE
The Goodyear Tire & Rubber Company, Akron, OH – November 2004 - Present
Manager, Property Risks (October 2007 – Present)
Developed & implemented property risk management program worldwide to protect the company from financial loss resulting from property damage.
• Negotiated terms, conditions and premiums for property policy renewal, increasing program limit from $750M to $1.0B to adequately cover risk exposure.
• Prepared and collected property values and other related data for underwriting submissions to insurers.
• Developed new methodology to allocate premium based on risk.
• Managed the disposition of claims worldwide - directing insurers, independent claims adjusters, captive managers and outside legal counsel.
• Managed all aspects of Thailand fire claim totaling $60M.
• Managed Goodyear’s captive insurance company – responsible for all accounting, regulatory filings and compliance with the Bermuda Monetary Authority.
Manager, Treasury Accounting (November 2004 – October 2007)
Responsible for all aspects of accounting and Sarbanes Oxley related activities within Treasury.
• Reduced month-end close process from six to three days by eliminating/streamlining work flow.
• Reduced accounting errors through automation and use of CF module within SAP.
• Wrote and implemented journal entry policy and procedure to ensure all manual journal entries are properly supported, reviewed and approved in a timely manner.
• Implemented strict account reconciliation process to ensure all accounts are properly supported and reconciled timely.
• Prepared all footnote disclosures relating to debt, reduced process time and improved accuracy.
• Documented all Treasury processes for SOX database, implemented controls to remediate gaps, coordinate all SOX activity with external auditors and Corp Accounting.
• Documented all Treasury Accounting related processes to retain knowledge and facilitate transitions.
• Researched accounting issues and recommended solutions prior to implementation.
• Monitored principal, interest and other fee payments relating to the company's debt obligations.
• Assisted with renewal/amendment of credit facilities, $1.0 billion notes offering, $862 million equity offering and early extinguishment of debt.
Parker Hannifin, Cleveland, OH – July 2003 to November 2004
Senior Financial Analyst (July 2004 – November 2004)
Responsible for planning, coordinating and consolidating annual operating plan.
• Prepared monthly executive reporting package for senior management.
• Prepared quarterly presentations for CFO to present at board meetings.
Senior Auditor (July 2003 - July 2004)
Responsible for planning, supervising, and directing general controls reviews and financial audits of domestic locations.
• Provided direction on audit projects, overseeing scope of work performed while ensuring that professional standards are maintained.
• Evaluated results, ensuring objectives are achieved and high quality of audit recommendations.
• Develop open lines of communication providing Division Management with timely updates on audit status.
TRW INC., Cleveland, OH – May 1997 to July 2003
Senior Treasury Analyst/Manager- Cash Transactions (January 2000 - July 2003)
Responsible for analysis of debt, interest, cash and cash equivalents. Prepared operating plans, cash flow and interest expense forecasts. Prepared various footnotes for annual report and quarterly filings. Performed all cash management duties as needed.
• Evaluated cost effective financing, reducing cost or improving efficiency.
• Advised business units on lease vs. buy decisions, optimizing savings and meeting business needs.
• Automated cash management procedures, expediting process and eliminating errors.
• Prepared forecasts for debt covenants, identifying issues and preventing noncompliance.
• Oversaw accounts receivable securitization program, reporting data to bank, meeting deadline agreements.
• Coordinated all year-end audit activities relating to treasury with external auditors, ensuring timely completion of audit.
• Administered intercompany notes, ensuring accurate balances are booked across international borders.
• Restructured bank accounts, reducing bank fees.
Senior Auditor ( May 1997-January 2000)
Developed and executed financial audit programs for TRW commercial businesses worldwide.
• Evaluated internal controls and performed risk assessments, guaranteeing proper internal controls were in place.
• Conducted compliance and substantive tests for financial reviews, ensuring accuracy of balance sheet and income statement.
• Communicated with clients, audit and senior business management on issues; identified and proposed solutions acceptable to all parties.
• Proved value-added ideas whenever possible, assisting operating units in improving their business process.
• Trained and supervised staff auditors, establishing high quality practitioners for audit executions.
CHASE MANHATTAN CORPORATION, Cleveland, OH – June 1996 to May 1997
Senior Financial Analyst
Reviewed, documented and implemented internal controls. Coordinated all audit activities with external auditors.
• Identified weaknesses in purchasing, resulting in implementation of new internal controls to strengthen existing procedures.
• Reviewed procedural changes prior to implementation, maintaining proper controls.
• Implemented time reporting system, facilitating planning of future audits.
COOPERS & LYBRAND, Cleveland, OH – September 1994 to June 1996
Staff Auditor
Performed various phases of audits and reviews for manufacturing, retail and non-profit organizations. Audit areas included cash, inventory, accounts receivable, investments, prepaids, fixed assets, accounts payable, accrued liabilities and debt.
EDUCATION
MBA, Concentration in Finance, Weatherhead School of Management, Case Western Reserve University, Cleveland, Ohio, 2002
BS, Accounting, Case Western Reserve University, Cleveland, Ohio, 1994
CERTIFICATIONS
- CPA, 1997
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