Finance and Accounting Management Professional with more than 15 years experience in directing accounting departments, system reviews, financial reporting and analysis for small business and fortune 500 companies. Results driven with a successful record of accomplishments in various industries including: hospitality, manufacturing, and distribution. Bilingual: English and Mandarin Chinese.
Income Statement / Balance Sheet Preparation
Budgeting / Forecasting
Manage and support the accounting department including accuracy of general ledger, timely publication of financial statements, supplier accounts payable, cash flow requirement and overall operating expenses.
Prepare and deliver weekly and monthly reports required by parent company and 3rd party creditors.
Manage and direct business process and operations.
Support sales staff and warehouse for directions and resolutions.
Manage ERP system and support relationships.
Responsible for EDI-Set up, testing and implementation.
Back up for payroll and HR related duties including new hire system and process training.
Support President and CFO in all activities including strategic modeling, management of personnel, discussions and negotiations with vendors and other 3rd parties.
Assist with preparation and delivery of budgets and forecasts.
All other duties as requested by the management team.
Effectively implemented new month end closing process resolving previous on-going issues.
Established written process and procedure for core accounting related duties.
Executed operational management strategies by creating a variety of improvement in warehouse/supply chain areas.
Responsible for the financial aspect of Gemaire's import and export business activities including: cost accounting, Letter of Credits, ocean freight and forwarding management and communicating with major business partners in China.
Processed and reconciled major vendor claim backs and rebates in excess over $12M annually.
Served as traffic and transportation coordinator managing all inbound, outbound and inter-Company freight activities, negotiate freight tariffs and ensure prompt billings and payments.
Coordinated SOX test and audit preparation.
Prepared annual budgets.
Managed capital expenditures and fixed assets for corporate and all branch locations.
Assisted with lease proposals, reconcile of rent payments, lease negotiations and liaison with landlords.
Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.
Howard Hsu, page 2 Improved the vendor rebate claims process and reduced collecting outstanding claims by 30 days.
Consolidated logistics nationwide and successfully renegotiated existing tariffs with freight carriers resulted in reducing freight expense by 6%.
Compiled import/export standard operating procedure and trained key personnel in other subsidiaries on the international direct ship purchase implementation.
Responsible for the maintenance fee billing for over 50 Wyndham managed properties.
Oversaw a staff of 8 billing accountants and ensure the reconciliation of maintenance fee amounts to the annual budget and association inventory.
Reviewed month end closings process and validated entries that were made for accuracy.
Oversaw monthly reporting packages includes reconciliation of A/R to the G/L, collection status reports, summary and detailed aging at both the corporate and property level.
Interfaced with other departments, on performance reporting, problem resolutions and inter departmental policies and procedures.
Developed staff skills in both technical competence and team building.
Developed communication plan establishing relationships between sales, operations and customer service department resulting in improved service and productivity.
Played major role in identifying key discrepancies between two operating customer information and maintenance fees databases, enabling the collection of between $100K-$200K additional fees annually.
Managed and improved the maintenance fee billing process, including working with individual resorts to assist in the budgeting process, reducing billing cycle time by weeks.
Managed office staff of 17 on day-to-day business activities.
Responsible for accurate and timely preparation of the company's financial records including Income Statement, Balance Sheet, P & L and Cash Flow Analysis.
Oversaw the accounting department to ensure a timely month-end close.
Monitored activities in accounts payable, accounts receivable, G/L, invoicing, collections, payrolls, sales commissions, employee benefits and property & casualty insurance.
Prepared annual budget, monthly variance analysis against targets and assisted the CEO in achieving the company's financial plan.
Worked closely with the company's CPA in the preparation of year-end audit and annual tax return.
Increased sales by 306% over 12 month sales cycle.
Took company out from a net loss position to showing a 377% increase in net profit over 12 months by increasing sales and reducing costs.
Completed planning and managed construction of 8,000 sq.
ft of office/warehouse facility expansion.
Developed computerized inventory control program reduced length of inventory turnover by 50%.
Emphasis in finance
Microsoft Dynamics NAV, JD Edwards OneWorld, AS 400, QuickBooks, FAS, MAS 90 (MAS 200), Microsoft Office
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