Corporate Controller Resume Example

• Reported to the CEO.
• Lead a team of four direct reports, managing ASC 606 revenue recognition, SaaS accounting, journal entries, account reconciliations, monthly close, budgeting, forecasting, GAAP reporting, working capital management, profitability analysis, insurance, tax, biweekly payroll, Human Resources and treasury.

Achievement

• Established metrics to optimize billable resources, cutting bench cost by 30%.
• Established key metrics for SaaS based PMO Analytics
• Arranged a favorable bank line of credit, with 10% lower collateral requirement.
• Reduced workmen compensation insurance premium by 15%, by reclassification of employees under the relevant NAICS codes
• Consistently completed clean financial, worker compensation and bank borrowing base audits

• Reporting to the CEO
• Lead a team of five direct reports for managing revenue recognition, journal entries, account reconciliations, monthly close, multi currency GAAP consolidated reporting, external audit, budgeting, forecasting, working capital and inventory management, variance analysis, project management, insurance, tax, biweekly payroll, human resources, sales support and treasury.
• Promoted from Controller to Vice President & Corporate Controller in March 2013, with additional responsibility of Human Resource and Project Management.
• Effectively managed the financial and commerical impact of key customer Master Service Agreement.
• Achievement
• Accelerated monthly financial close from 15 days to 5 days
• Implemented SOX controls in terms of assessing enterprise level project risk, revenue recognition of milestones, evaluation of fraud risk in implementation, identifying and instituting key controls.
• Established standard costing rates, variance analysis and POC accounting for the full cycle of 160 activities of cellular network project implementation, resulting in better cost control and profitability.
• Persuaded two key customers to reduce payment terms from 90 days to 45 days, resulting in 10% improvement in cash flows.
• Accelerated customer approval of completed milestones, resulting in faster realization of receivables by an average of two weeks.
• Reduced vendor payment terms from 45 days to 60 days, improving liquidity by 5.5%.
• Managed the finances of a $ 5M, 50 site LTE network project, within budget and time.
• Implemented WASP Inventory Management Software System to ensure controls over a multi-million dollar project inventory, with real time tracking
• Revised sales commission plan to include minimum gross margin and extended it to project teams, resulting in annual savings of 3.5% of payroll cost.
• Negotiated bank credit facilities, resulting in 2% reduction in interest rate.
• Consistently completed clean financial, workmen compensation and bank borrowing base audits
• Led the due diligence efforts (business, legal, finance and human resource) in a multi-million dollar divisional M&A spinoff to a global technology corporation

• Lead a team of six direct reports for managing annual capital ($1 Billion) and operating ($ 25 Billion) budgets, monthly close, IFRS compliant financials, financial modeling, key performance indicators (KPIs) for effective plant management and representing Finance in the implementation of ERP (Oracle e-business suite 11i), migration from legacy systems and the merger of upstream and downstream oil companies.

Achievement

• Reduced expenses by 10% by integrating plant metrics with financial budgeting.
• Identified and eliminated slow and nonmoving maintenance parts, saving $ 500K.
• Introduced effective and user-friendly chart of accounts and accounting manuals for the merged organization.
• Represented Finance in the implementation of Aspen Retail System for optimum fuel management and uninterrupted operations of the retail gas stations.
• Received the “Best Employee” award for overall contribution to the Finance Division.