Daniel J. Lee Email & Phone Number

North Wales, Pennsylvania, Us

- Compiled financial statements for four affiliates; three in the US and one in South Africa.- Normalized cash flow and paid back a line of credit, $7.5MM, in full. - Increased gross profits by negotiating purchase prices with suppliers and receiving cooperative rebates. - Created budget for business units and managed financial planning and expenses; therefore, adopted a project profit and loss to analyze its performance. - Applied a better performance index formula in sales, warehouse, and customer support. - Upgraded two ERP systems; SAP Business One and Sage 100.- Completed the bank audit, the financial audit, and the nexus study.- Oversaw and received reports from five business units; Finance, Office, IT, Warehouse, and Operation- Reviewed and managed the legal contracts and the patent & trademark legal issues.- Reformed the commission structure for the sales team and their brokers. - Provided continuing education courses to staff.

- Accounting: Reviewed the compiled financial statements for three affiliates (Canada, Mexico, and the US) by overseeing the activities and efficiency of the accounting team.- Validating all financial controls and procedures within the business, ensuring the adequate maintenance of appropriate policies and procedures.- Managed the annual audits with external auditing firms at all stages.- Analyzed the financial impact of business operational issues and decisions.- Dealer Relations: Passed an in-depth understanding of CBCT platform functionality. Leverage my knowledge to strategically implement processes and work with executive management and other various departments within the dealership. - Ensured that dealers updated the product changes/updates, new features, and software version releases for continuing education.- Served as the first point of contact for handling dealership issues and provided solutions to eliminate conflicts.- HR: Managed employee payroll, benefits, and leaves

- Accounting: Prepared monthly and quarterly financial statements. Reviewed all posted transaction and tracked monthly cost by dimension in 4 currencies. Provided explanation of all variances. - Coordinated activities of Payroll, AR, AP and general accounting. - Recorded deferred revenue, depreciation, amortization, prepaid expenses, and accrual. - Optimized the cash flow and the cash analysis.- Interprets long-term loan principal and interests to appraise a risk of indebtedness. - Monitored data sources in Salesforce and analyzed them.- Worked on a carve-out opening balance with haircut and roll forward.- Initial review of BOD financial package created by FP&A department. - HRIS: Analyzed US and international payroll and benefits by department.- Monitored company insurance activities like workers’ compensation and group medical insurance.- Managed commission and managements’ bonus. - Reviewed and approved payroll in three countries (US, Canada, and UK)- Finalized the last payroll of terminated employees including PTO and severance. - System: Implemented Sage Live and ADP Workforce Now- Function as an interim director of FP&A.

- Compiled financial statements. - Oversaw accounts and AR/AP, and provided guidance for in-house data analysis.- Analyzed international and domestic Inventory transit and stocks (DOH).- Reviewed medical equipment lease program for non-profit organization.

- Cost Accounting: Formulated and summarized report of sales, cost of goods, and gross profit by products / customers / business sectors and report the analysis (DOH, NRV and Rev Rec) to CFO.- Allocated direct and indirect costs of operation to the P&L. It results a better gross profit percentage against revenues compared to the previous year. - Financials: Lead month/quarter/year end close process for financial statements and reviewed the consolidated financial data.- Performed budgeting, forecasting and account analysis (FP&A).- Evaluated the capital expenditures, amortization, depreciation, roll-forward. - Business Process Reengineering (BPR): Improved better material and component costs with monitoring inventory control by creating “Inventory Flow”.- Managed implementing EPR System with analysis of homegrown system.- Capital Markets: Enabled IPO at Korean Exchange (KRX). Analyzed sales and cost of goods for the past three years. Wrote the Investment Prospectus, the Registration Statement (equivalent to Form S-1 in SEC), and the Annual / Quarterly Business Report (Form 10-K / 10-Q in SEC, respectively)- M&A due diligence: analysis of Historical Financial Statements, Net Working Capital, COG and others.- Responsible for investment analysis to purchase convertible bonds.- Analyze the cosmetic industry in North America and East Asia markets.- Internal Audit (SOX): Set up internal control procedure and led the internal audit team. Audited all departments and created the pro-con Sustainability Reports by each test.- Kept reinforcing test procedures to let all employees follow the written procedures. - Strategic Initiatives: Provide financial models and forecasting for Joint Venture Company.- Tax Credit: Collated analyzed R&D expenses then prepared R&D tax credit with utilization of detailed accounting methodologies. - Other: Served as a secretary of Board of Directors.

- Training Sage ERP and MAS to accounting department.- Analyzed sales per item, territory, and sales person and AR collection data.- Liaised businesses with State of Georgia Department of Revenue and Georgia Department of Community Affairs to file and update a business tax credit with employment analysis. - Probed importing cost from Asia to U.S. - Consulted to design and create templates to close financial statements and to report managements / investors.

City Of Industry, Ca, Us

- Controlling: led to close the financials with revenue recognition, journal entries, and reconciliation (monthly, quarterly and yearly).- Presented the financials to shareholders.- Created forecasts (cash flow projection and financial feasibility) with updated business focus and risk factors from a competitive financial standpoint to support C-level officers.- Consolidated the financials of foreign subsidiary and reviewed its cash flow.- Analyzed and forecasted detailed royalty programs.- Managed all purchase orders, invoices, and RMA with major customers.- Cost Analysis: For each business project, analyzed market and business trends in key performance indicators including revenues, expenses, and capital expenditures.- Evaluated inventory analysis of products (DOH) and managed B-stock and liquidation. - Business Process Reengineering (BPR): Performed mass-manufacturing cost analysis and strategically reduced manufacturing cost.- Processing and analyzing payrolls and social costs such as worker’s compensation and insurance. Training to staffs regarding payroll related initiatives. - Capital Market: Practiced private equity and venture capital worksheet for new investments. - Risk Management: Internal audit for business expenses, transaction, and reimbursements. - Other: Ran Sage MAS and Crystal Report as administrator. - Managed and supervised HR Department.

- Planned financial forecasting and maintained accurate records of financial activities within established budgets. - Prepared documents for BOE & IRS tax-audit. - Reconciled data in QuickBooks.- Negotiated and resolved any financial related issue with vendors. i.e. buying prices and discounted tier-rates.

- Participated the forum design which the business independently developed. - Arbitrated matters between users and a forum manager.- Assisted a publisher of web-based company’s magazines.

Bachelor’S Degree, Economics

Accounting And Finance

Chemistry

High School