Cedric Chen Email & Phone Number

New Jersey, United States

- SOX Project Leadership: Spearheaded the walkthrough and evaluation of the company’s internal control framework, establishing a risk control matrix, coordinating the review of essential SOX deliverables, and successfully completing the year-one internal control testing.- Monthly Closing and Balance Sheet Analysis: Managed monthly closing and balance sheet account analysis for Cayman, British Virgin Islands, and US entities, ensuring reconciliation between financial records and the SAP system, and promptly addressing and resolving discrepancies. Provided comprehensive explanations for all aged and irregular items to maintain accuracy and compliance- Regulatory Filings: Directed the shelf registration process and collaborated with legal consultants and auditors on reviews. Oversaw the filing of the annual report on SEC Edgar, including close coordination on XBRL tagging updates.- SOP Enhancement: Directed updates of 13 Finance SOPs to enhance internal controls and ensure SOX compliance.- Journal Entry Management: Led the review and approval of journal entries for monthly closings, including intercompany sales, unearned revenue, and prepayment amortization.- Collaboration with Third-Party Consultants: Partnered with external consultants to identify and assess over 100 control points related to the company’s financial reporting processes.- Represented the finance department in reviewing and approving contracts from various departments, negotiating adjustments with vendors, and ensuring accurate accounting treatment for diverse contract types, including prepayments and milestone payments, to maintain financial integrity and compliance.

New York, New York, United States

- Financial Reporting Software Administration: Maintained the daily functionality and management of the financial reporting software, overseeing chart of accounts and approval processes within SAP and other ERP systems.- Contract Review and Vendor Adjustments: Analyzed assigned contracts, made appropriate adjustments with vendors, and applied accurate accounting treatments for various contract types, including prepayments and milestone payments.- Cash Management and Forecasting: Monitored cash balances across bank accounts, conducted weekly cash forecasts, and ensured sufficient funds for payroll and other essential payments.-Accounts Payable Specialist: Systematically gathered and analyzed aging invoices and disputed payments, communicated with vendors and third parties to rectify discrepancies, and ensured accurate and timely payment processing.- Email Management: Managed company email records, including transferring emails from resigned employees to shared mailboxes for proper record maintenance.

New York, New York, United States

Completed property financing by preparing key financial data including profit and loss statements and rent rolls. Maintained general ledger for the portfolio of 48 properties located in the Bronx and assisted in the tenant billing requests with accounts receivable and legal departments.- Improved the completeness of Section 8 tenant ledgers by 70 % by reviewing over 200 ledgers of NYCHA share and HPD share, identifying discrepancies, and making adjustment entries accordingly.- Increased accounting efficiency by introducing AppFolio to the Manager, transferring the essential tenant data, and setting up the new tenant database.- Reduced training time by 33% for 7 new employees through proposing and designing detailed accounting procedures with infographics.

New York, New York, United States

Examined bank statements and categorized transactions to create general ledges and generate financial statements with QuickBooks for over 55 companies. Assisted with preparing payroll tax by creating spreadsheets to sort FICA, FUTA, and SUTA, and analyzed staff status to decide their allowance on the CFS system- Reduced outstanding accounts receivables by 40% through streamlining processes and inspecting invoices.- Maximized the prolificacy of timely deliverables by formulating, preparing, and organizing payment-due schedules for clients and tax planning.- Strongly recommended by the Head of accounting to facilitate other colleagues in other sections and negotiate with the IRS on reducing tax penalties for clients.