Darren Hoffman Email & Phone Number

New York, Ny, Us

New York, Ny, Us

New York, Ny, Us

• Review customer contracts for appropriate revenue recognition in accordance with ASC 606• Creating and maintaining the revenue recognition schedules for sales contracts in real time• Work closely with the external audit team regarding the quarterly and annual audits

London, England, Gb

• Led a group of revenue analysts (located in NY and in India)• Shortened the monthly close (20% reduction) by developing efficiencies• Implemented financial controls that prevented material impacts to revenue• Reviewed SaaS & SOW contracts to determine appropriate revenue recognition in accordance with ASC 606 • Analyzed the main drivers in the revenue variance to plan for senior management• Partnered with FP&A for the creation of the annual plan & quarterly forecasts• Reviewed the revenue related balance sheet accounts (accrued revenue, deferred revenue, A/R)• Administered the SOX 404 testing of revenue (ITB, material outright & significant contracts)• Calculated the A/R provision by working with credit control to research problematic accounts• Served as the lead tester for the implementation of SAP

New York, New York, Us

• Prepared the financial statements (P&L, Balance Sheet & Cash Flow)• Analyzed Elderplan’s revenue and operating expenses• Calculated the IBNR provision (for medical claims)• Administered the fixed asset amortization schedule• Ensured inter-company transactions netted off between subsidiary and parent• Examined Elderplan's budget variances for revenue and expenses• Worked closely with external auditors

Nashville, Tn, Us

• Prepared the operating and CAPEX budgets & forecasts for the Admin Services department• Created an automated capital expenditure forecast of cash flows, that created efficiencies• Met with project managers to updated the capital expenditure forecast• Examined the YTD vs prior year operating expense variances to plan by account and vendor

New York, Ny, Us

• Prepared the actual versus budget variance analysis report on revenue• Analyzed the sales rep's YTD revenue and sample expenses versus their sales goals• Calculated the operating expense accruals for the monthly financial close• Monitored and analyzed the sales pipeline• Assisted with the preparation of the annual budget and quarterly forecasts

• Prepared the monthly sales audit and posted JE's for 40 stores• Reconciled each store's bank statement to the G/L• Performed balance sheet analysis for accrued expenses• Uncovered an employee's embezzlement occurrence