REVENUE RECOGNITION; CREDIT AND COLLECTION-MANAGER
Profit-focused Revenue Manager who is an expert revenue recognition. Financial Manager who leverages exceptional communication skills to build quality relationships with clients, buyers and upper management.
Global SAP implementation, merger & acquisition; data integration; (role: responsible manager, executor); Proficiency in SAP ECC6.0 modules and SAP C4C.
Revenue recognition, revenue deferral, and match product cost, IFRS & SOX compliance. ASC 605/606, SOP 97-2; VSOE, BESP.
Subject Mater Expert, SME for OTC; FI/SD including global implementation.
Cost Accounting Control Manufacturing Business; (role: hands-on, responsible manager)
R&D project planning, FP&A, accounting control and capitalization; (role: hands-on business partner)
ICS/SOX compliance and control; (role: responsible manager, executor; Approve SAP GRC access role)
Shared Service coordination and control; (role: manager-controller, Accounting and Internal Control) SAP experience "SME" since 1999
Oracle SQL *Plus (Oracle 11.0 and 11.i)
Microsoft Office excel, advance
Other accounting systems (QAD, MAS90, Ask MANMAN Enterprise, Sage FAS100, Expandable ERP/MRP, etc.)
04/2015 to Current
Revenue Recognition; Credit and Collection-Manager Ingram Micro. – O'fallon , MO
Own the company\'s revenue recognition policy and ensure proper accounting treatment is in place for all revenue arrangements.
Ensure accuracy and integrity of financial reports from SAP & various financial systems.
Directly responsible for accounts receivables, DSO reporting and maintaining reserve for sales returns and bad debts.
Work collaboratively with Sales, Sales Finance, Legal, Marketing and Engineering organizations to provide guidance and to ensure compliance with revenue recognition rules and proper revenue recognition treatment.
Ensure revenue recognition in company financial is in accordance with US GAAP, including but not limited to evaluating multiple-element arrangements and customer incentives.
Interpret revenue arrangements, prepare revenue checklists, assess and summarize revenue implications, and document conclusions on revenue recognition treatment for all arrangements in accordance with US GAAP.
Manage monthly revenue accounting close efforts, including cut-off procedures and preparation / review of auditable product and support revenue and deferred revenue account reconciliations.
Responsible for ensuring that fair values for all of the Company\'s products and services are analyzed on a timely basis and the results are accurately reflected in the various accounting systems.
Research accounting guidance and facilitate technical accounting memos that analyze and conclude on accounting issues and its impact on company financial.
Analyze and interpret accounting standards to support new business requirements.
Facilitates and performs the credit and collection activities of the Company\'s receivables portfolio to minimize bad debt losses while maximizing cash collections.
Timely and consistent monitoring of the Receivables Management team to ensure that the Company\'s cash collections and DSO targets are met and customers\' contractual commitments to pay are kept.
Reviews collection reports to ascertain status of collections and balances outstanding and evaluates effectiveness of current collection policies and procedures.
Achieved Omnicell, Inc.\'s collection record of >$175M including >$20M collection of >120 days old AR accounts during Q4 2015.
Leads periodic review of detailed aging with functional management.
Ensures adequate reserves are established and maintained for customer receivables at risk.
This includes an annual review of the company\'s general reserve methodology and its adequacy in relation to historical and current trends.
Establishes work standards, develops objectives and designs/maintains effective work-flows and operating procedures.
Supervises, coach and motivate staff to exceed expectations.
Monitor performance and provide on-going informal feedback, in addition to annual reviews.
Ownership of the monthly Revenue and AR close process, including the review and reconciliation of assigned accounts.
Prepares quarterly reporting for Executive, Board of Directors and Audit Committee reviews.
Maintain control documentation for revenue and accounts receivable related processes and key controls.
Ensure the integrity of key processes by understanding systems, flow of transactions, internal controls and recommending efficiency and effectiveness improvements.
Work with IT to prioritize system enhancements and development projects related to revenue.
Prepare audit PBC schedules and liaise with external auditors regarding revenue and accounts receivable and proactively resolve issues.
08/2013 to 04/2015
OTC Process Owner- ManagerHargray Communications – Greensboro , GA
Directly responsible for revenue recognition supporting 2 business divisions for Bio-Rad Laboratories with $2B+ annual revenue, with multiple type of revenue stream i.e.
Software, royalty, lease, re-portable testing yield, commission, and others.
Manage 2 direct, supervisors with team totaling 25 staff.
Oversee credit and collection team, and cash application team, improve DSO comparing 56 days in August 2013 to 46 days in ending December 2014 Engaged internal (PWC) and external audit (KPMG) on all OTC internal control compliance resulting to zero weakness.
Wrote and implement credit limit policy for Bio-Rad Laboratories - North America region.
The policy and all related processes passed the audit review for both internal (PWC) and external (KPMG) during the Interim year-end 2013 and 2014.
Work with cross functional team, sales and customer services in improving and streamlining ways of working, create unresolved customer dispute report by category, pricing error, PO, quantity error, incorrect account bill, reaching the goal of improving end to end customer satisfaction.
Resulting to $12M collection of >120 days old AR accounts during 2014.
Engage in SAP global implementation project, including training SME for OTC end to end including revenue and cost recognition and deferral.
Led the projects to test the risks and financial impact of change in accounting guidance ASC 605 vs 606.
08/2010 to 08/2013
Sr. Accounting Manager, Business Unit Controller Philips Health Informatics – City , STATE
Business Unit Controller Directly responsible for accounting and internal control of 3 business units with average revenue of $0.5B, directly responsible for managing royalty revenue recognition & deferral match product cost ensure compliance with IFRS and Sarbanes-Oxley Act.
Manage between 1 to 3 direct reports during the last 3 years.
Directly responsible for revenue recognition with multiple type of contracts, royalty software, joint venture relationships with GE, in accordance to SOP 97-2 guidelines royalties, licensing and hosting.
Develop, deploy accounting work instructions ensure compliance to accounting policies and directives Sign off financial statements of significant organizational unit in share accountability with business partners.
Responsible for 3 sites business units Drive and oversee improvements projects related to accounting processes and Internal Controls, ensure compliant to Sarbanes-Oxley compliance (SOX).
Work with internal and external auditors.
75% Improve aging reports year 2011 vs.
2012 within 30-60 days A/R, A/P, $0 blocked invoice issues, GR/IR with $0 discrepancies.
Work with business partners to explain financial results related to variances specific to department spending, period cost and production orders variances resulting from waste, configurations variance (Sales Order BOM vs.
Actual) Active team leader of successful project, R&D harmonization process on all Philips Clinical Informatics, Inc., global conglomerates, resulting to cost savings and alignment of all business units\' process with Philips\' directives & policies.
Achieved 100% rating on ICS Sarbanes-Oxley compliance (SOX) compliance site visit audit in December 2012 Achieve A rating with KPMG IFRS compliance audit Q3 2012 Book R&D capitalization and Intangible asset amortization, ensure compliance to IFRS Work with business partners in preparing financial planning analysis, example AOP, Gross Margin, Departmental Spending, and Headcount.
02/2010 to 08/2010
Sr. Accountant (Contractor)Philips Health Informatics – City , STATE
Responsible for tracking fixed asset, aligning physical existence with sub ledger.
Review accuracy of account balances.
Successfully led county tax audit engagement; prepare all audit ready schedules and documentation back-up to support fixed asset cumulative balance.
Prepared property tax declaration filed for 2009, prepare check request to pay property tax due.
Originate standard office procedures and policies for fixed asset maintenance, property tax declarations, and Dutch VAT reporting for Netherlands tax filing Prepared accounting work instructions A/R; A/P; GL Communicate changes in GSA (General Service Agreement) counterclaims to SBS (Shared Business Services) Finance and the Financial Shared Service Center in Chennai.
11/2009 to 01/2010
Plant Accountant (Contractor)Smurfit-Stone Corp – City , STATE
Assists the controller in all transitional tasks, to ensure data integrity and reconcile with bankruptcy filed reports.
11/2008 to 05/2009
Sr. AccountantAccess Closure, Inc – City , STATE
Responsible for month-end close process, preparation of monthly financial statements, including balance sheet review, posting journal entries and preparation of accounts reconciliations with audit-ready documentations.
Successfully led the year end audit with KPMG.
Improve process accounting for tasks like, fixed assets, rewrite and back tract to correct prior year\'s records to tie to general ledger.
Successfully account all R&D projects and ensure all R&D capital expenditures are correctly accounted for.
Forecasted operating costs for scheduled projects by strategizing with other departments.
08/2007 to 11/2008
Sr. Cost AccountantExar Corporation – City , STATE
Contractor working part time 3 weeks per month) Support Director of Operations Finance, with inventory management, establishes and maintains standard cost.
Led the data migration of Exar merger with Sipex. Engaged Oracle Implementation.
Hands on work on month-end close process, including balance sheet review, posting various month end journal entries and preparation of account reconciliations with audit ready documentations.
Maintained standard costing and reconcile routing differences between Oracle system and Factory Works systems, corroborate with production control to update Build of Materials master data, communicate with Purchasing and AP to ensure sound inventory control.
10/1999 to 08/2007
Sr. Cost Accountant & Financial AnalystNovellus Systems, Inc – City , STATE
Directly responsible for reporting cost of goods sold $1B revenue.
Identify risks, in inventory management (i.e. E&O) book necessary provision.
Review revenue recognition to ensure compliance with IFRS and Sarbanes-Oxley Act.
Hands on month end close activities, book revenue recognition and deferral, verify shipments and customer contracts Active team member successful SAP implementation from ASK MANMAN Enterprise, specific to general ledger; MFG; and SOD module, obtain the role as SAP power user.
Work with revenue manager ensuring to match cost and warranty with revenue deferral, in line with customer acceptance of install-able equipment.
Engage to build internal control systems & document all testing results ensuring the compliance to Sarbanes-Oxley and accounting guidance
Active team member resulting to successful external financial audit scope specific to revenue recognition analysis and provide support for all audited shipments, average 1B annual revenue.
06/1999 to 10/1999
Cost Accountant/Financial Analyst (contractor)Novellus Systems, Inc – City , STATE
Responsible for reviewing production variances, period cost.
Review engineering change order and book configuration cost accordingly.
Hands on worked on month end close including balance sheet and income statements review, postings various journal entries and preparations on accounts reconciliation with audit ready documentations.
Deliver Operations Finance expense tracking and reporting, and analysis of actual vs. plan
Oversee the end to end inventory management accounting Directly responsible for product costing of all Chemical Vapor Deposition products Responsible for maintenance of Quote tool servicing global sales and marketing regions.
Master of Business Administration: FinanceGolden Gate University - Major in Accounting and Finance
Bachelor of Science: Pass CPA Board Polytechnic University of the Philippines - City, State
Resumes, and other information uploaded or provided by the user, are considered User Content governed by our Terms & Conditions. As such, it is not owned by us, and it is the user who retains ownership over such content.
How this resume score could be improved?
Many factors go into creating a strong resume. Here are a few tweaks that could improve the score of this resume:
Golden Gate University
Polytechnic University of the Philippines
Job Titles Held:
Revenue Recognition; Credit and Collection-Manager
OTC Process Owner- Manager
Sr. Accounting Manager, Business Unit Controller
Sr. Accountant (Contractor)
Plant Accountant (Contractor)
Sr. Cost Accountant
Sr. Cost Accountant & Financial Analyst
Cost Accountant/Financial Analyst (contractor)
Master of Business Administration : Finance Bachelor of Science : Pass CPA Board Pass CPA board -Philippines, :
Create a job alert for [job role title] at [location].