Arnold CPA is an accounting firm located in Houston, Texas, offering comprehensive services to support small businesses and startups. Our firm acts as a fully functional accounting and tax department for your small business.This means that you will have 𝐚 𝐬𝐢𝐧𝐠𝐥𝐞 𝐩𝐨𝐢𝐧𝐭 𝐨𝐟 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐟𝐨𝐫 𝐚𝐥𝐥 𝐨𝐟 𝐲𝐨𝐮𝐫 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐦𝐚𝐭𝐭𝐞𝐫𝐬, rather than having your bookkeeping, taxes, and finance scattered across different firms.Here's how we can assist you: ◾️ CFO/Controller services ◾️ Audit preparation and GAAP compliance ◾️ Tax preparation and planning ◾️ Software consulting✔️Why choose us? ◾️ Specialization in small businesses and startups ◾️ Over 20 years of experience ◾️ Utilization of the latest tools and technology ◾️ Personalized approach, taking the time to understand our clients ◾️ Providing practical and valuable solutions Reach out to Arnold CPA today and discover how we can help your business thrive.

Coach and lead a team to oversee all accounting, treasury operations, insurance, tax, audit, and bank compliance for 22 branches in the United States and foreign entities in 12 countries.Serve as subject matter expert regarding GAAP, IFRS, taxes, and other accounting matters.Develop and maintain accounting governance policies and processes, including standard operating procedures (SOPs) for intercompany, transfer pricing, accounting, and tax.Achievements:◍ Completed the group's annual external audit a month before the deadline while reducing the audit cost by 25%.◍ Adopted new lease accounting standard ASC 842 on schedule and integrated the new lease application into the ERP software with proper internal control.◍ Saved 100% of annual valuation costs by developing the stock option and goodwill valuation modeling in-house.◍ Increased cash collection by 20%. Reached the highest record cash collected in the company's history by Q4 2021, reducing the days sales outstanding (DSO) to 55 days from 62 days in early 2021.

Oversaw all aspects of the global business's accounting and financial functions, including financial reports, forecasts, and budgets. Developed and maintained SOX compliance and internal control policies and procedures.◍ Responsible for the financial statements and reports and the supervision of the general closing process and other accounting functions.◍ Responsible for validating all accounting and related financial processes to ensure accurate recording and reporting of transactions. Responsible for timely preparation of financial reports and other financial ad-hoc reports.◍ Manage accounting entries, month end closing process and monthly reconciliation of general ledger accounts. Manage cash accounts, intercompany reconciliation and consolidation, customer invoicing, collections, capital budgeting, and CAPEX management.◍ Prepare financial and business related analysis; conduct research in areas of financial performance. Assist in development and enforcement of business and company policies. Update monthly KPIs and performance variance analysis. Prepare Quarterly Reporting Package. Perform all other duties and special projects as assigned. ◍ Supervise tracking and filing for multiple state sales and use tax returns. Assist the Corporate Tax Department with tax planning, tax financial reports for Amega West's multi-state income tax and Federal income tax. • Monitor internal controls, ensure SOX compliance and risk mitigation.• Prepare documents for external audits, internal audits and tax audits.• Supervise accounting staff to ensure the proper treatment of accounting entries.

Managed corporate accounting operations and consolidated financial reports for DiCentral's global business.• Prepared financial statements and other accounting analysis reports.• Assisted VP of Finance in budgeting and forecasting activities, including acquisition due diligence• Successful back office integrated of several acquisitions.• Streamlined the collection procedure, implemented automatic collection process integrated with the CRM (customer relationship management), reducing DSO from 70 days to 35 days.• Integrated the accounting system with collection and billing system to simplify the billing process, reducing the billing time from 7 days to 1 day.• Assisted VP of Finance in designing effective commission plan(s) and commission calculation process, reducing a two-day workload to a couple of hours.