Gevork Tarakchyan, Cpa, Mba Email & Phone Number

San Diego, California, Us

Chicago, Illinois, Us

New York, Ny, Us

Performed month-end close tasks for consumer revenue including booking $60M+ in revenue, and reviewing/approving 100+ journal entries booked by staff• Calculated, recorded, and reconciled $60M+ worth of monthly revenue and deferred revenue for SaaS client’s subscription fees and other revenue sources in accordance with ASC 606 revenue recognition policy• Reviewed and approved at least 100 monthly journal entries including statistical entries, allocation entries, prepaid amortizations, intercompany revenue reclasses, and others, resulting in efficient conduct of the month-end close• Fully reworked all revenue-related month-end close Excel workpapers by using formulas to automate most calculations and minimize user error, which reduced turnaround for journal entry preparation by 3 full days during every month- and quarter-end close cycle.• Utilized extensive knowledge of Netsuite to train and guide at least 4 members of the client’s Accounting team on best practices related to running reports and saved searches, resulting in a better-prepared team once the client transitioned from Intacct to Netsuite• Assisted in importing 10 months’ worth of 2021 client acquiree’s trial balances into acquirer’s Netsuite production environment by preparing GL mapping files for each acquiree subsidiary, resulting in the seamless merger of the acquiree’s general ledger with the acquirer’s and the preparation for the eventual full transition to Netsuite

Los Angeles, California, Us

Managed monthly close process; oversaw chart of accounts; led AP/AR functions for all revenue streams including content, brand deals, sponsorships, and merchandise; and built/established monthly processes for content accounting to creators● Oversaw A/R and A/P teams consisting of one A/R accountant and two A/P accountants● Delegated P&L flux analysis to team members to provide explanations and reviewed with Controller to ensure accuracy and completeness of financial information reported to FP&A and executive leadership teams● Established effective deliverable tracking procedures for brand and sponsorship deals with Sales and Talent teams using SalesForce to track contract deliverable descriptions, due dates, status and customer billing information, resulting in timely preparation of customer invoices● Developed revenue schedules to track and determine proper recognition of GAAP revenue for all long-term sponsorship deals totaling ~$5M● Automated process for content revenue recognition and cost of sales with formula-driven Excel models, eliminating 3-4 hours of monthly work● Established and maintained relationship with company’s merchandising partner to ensure timely receipt of accurate sales report data and recording of merchandising revenue totaling $250K – $450K per month● Collaborated and established a strong relationship with the Talent team including both talent managers and the talent members themselves to foster open and consistent two-way communication, resulting in accurate and timely payments to talent members for deliverables● Developed formula-driven schedules for prepaid expenses and fixed assets which calculate all monthly amortization/depreciation values using reports obtained from NetSuite as inputs● Developed formula-driven model to book payroll invoices from ADP, segregating by department and allocating all expenses including payroll taxes, bonuses, commissions, and benefits to their proper GL codes

Burbank, Ca, Us

Processed royalty statements and booked over $40M in monthly royalty revenue from sales of films in the cable LOB● Processed royalty statement workflows from 8 different cable clients using Mediamorph application on a monthly basis including reviewing statement details, verifying correct mapping of statement titles to WB’s SAP product numbers, and verifying accuracy of automatically generated journal entries resulting in prompt booking of monthly and quarterly financial figures● Calculated royalty revenue accruals between $20-30M for the monthly close including using Mediamorph client POS data to determine extrapolation portion of accrual journal entries● Performed monthly price tests for significant clients as a part of SOX compliance procedures to determine that client royalty payments were made in accordance with contractual rates● Determined and reported to accounting and sales management teams $98K in underpayments from one of the company’s clients resulting in additional cash for the company● Calculated and booked $150K in monthly reclass JEs for unearned revenue from film presales using BW GL data

Culver City, California, Us

Computed, reconciled, and booked over $10M in monthly revenue from sales of virtual goods for 10 mobile games● Ran reports from platforms including Google, Apple, Facebook, and Amazon to determine gross bookings from in-game sales transactions for mobile games● Extracted granular data from Tableau dashboards for over 100K monthly in-game transactions and used this information to update each game’s monthly deferred revenue model and determine the amount of revenue to recognize or defer for each accounting period● Booked in Oracle company’s monthly virtual goods invoices for gross revenue and cash receipts from gaming platforms and wrote off differences between net revenues and cash receipts● Prepared monthly accrual for VAT to be paid in certain territories● Liaised with each game’s product management team to obtain explanations for swings in value of virtual currencies and to stay current on upcoming changes to determine potential impacts on revenue and deferred revenue● Prepared estimates of user gameplay time to determine proper revenue recognition policies for upcoming new games● Assisted with requests from external audit team including providing Q3 and Q4 flux analyses for revenue and deferred revenue-related accounts● Assisted with the preparation of revenue-related footnote disclosures for company’s quarterly financial statements

Playa Vista, California, Us

Conducted monthly closing processes, A/P billing/collections, bank reconciliations, and monthly reporting for Direct-to-Fan divisions of company including Fullscreen Live (live show tours), Fullscreen Direct (eCommerce platform for creators and musical artists), and Style Plus (specialized eCommerce storefronts using Fullscreen Direct platform) businesses• Booked in Oracle Netsuite all revenue and cash received through Stripe account for live events and income from Fullscreen Direct revenue sharing agreements• Extracted sales and cost of goods sold data from Style Plus Shopify stores and Fullscreen Direct eCommerce storefronts to prepare monthly eCommerce payouts to talent• Automated talent payout spreadsheet using vlookups, hlookups, and sumifs, reducing processing time and subsequent review time for company Controller• Processed $200,000 of monthly invoices, resulting in quick turnaround and prompt payment to vendors and talent• Prepared biweekly dashboard for Fullscreen Direct business by running reports to pull data from platform backend, resulting in well-informed upper management• Reconciled $300,000 variance in revenue between Fullscreen Live team’s P&L and Accounting department’s income statement, resulting in consistent financial reporting and accurate goal-setting measures for the Live team• Collected over $20,000 in accounts receivable over 90 days past due

Los Angeles, Ca, Us

I researched, allocated, and processed foreign royalty receipts for payment to performers.• Maintained detailed cash receipts and distribution analysis by territory, by file• Prepared Trust deposits and releases along with quarterly reconciliation to the general ledger• Utilized internet, subscription, and internal sources to properly identify titles and casts for payment allocations• Assembled and entered foreign royalty collection society reports into database; utilized research to identify and properly allocate collected foreign royalties• Assisted in the ongoing enhancement of the foreign royalties tracking and distribution information systems

Los Angeles, California, Us

I prepared film financial statements and reports for actors, writers, and producers in compliance with Miramax legal contracts to ensure timely payment of royalties and accurate corporate financial reporting• Performed contract template maintenance in company’s information systems; served as liaison between Finance, Accounting, and Participations departments; managed quarterly forecasts; and performed variance analysis to assist in annual budget planning and cash flow projections• Conducted analytical project involving researching the company’s 400 film library, locating titles with unrecouped costs, and effectively forecasting future revenues for those titles using proprietary revenue data, resulting in finding 20 titles for which Miramax would have to pay $500k in royalties and in turn resulting in a $500k budget increase• Automated financial model for TV show “From Dusk Till Dawn” through the removal of redundancies and addition of vlookups throughout the workbook, resulting in 50 percent improved preparation and reporting time• Oversaw the participations department internship program, which involved reviewing 20 resumes, interviewing 10 candidates, and making final hiring decision for 2 of those candidates• Mentored one of the department’s interns by training and supervising her on procedures and auditing 5 of her participations statements for accuracy, resulting in reduced individual workloads and faster preparation of quarterly statements for the entire department

Encino, Ca, Us

I performed QA checking of market research surveys to ensure grammatical/spelling accuracy and proper survey logic, resulting in timely execution of digital surveys for clients.• Quality-checked 10 surveys for major television network clients, resulting in properly written market research surveys with sound logic and quick turnaround time for clients• Entrusted by manager to perform high-priority QA checking for major clients as a result of work efficiency• Edited 50 images to be used in market research surveys using GIMP Editor, resulting in clear and properly formatted images in accordance with company quality standards for viewing by client's customers

Sacramento, Ca, Us

Performed over 60 audits of personal income tax returns to determine compliance with state tax regulations resulting in $900,000 of revenue for the state• Utilized project management skills to manage 15-20 audit engagements at any given point, resulting in over 60 audits completed under time and cost budgets• Prepared financial models to determine appropriate tax liabilities• Researched and interpreted tax laws to make proper decisions regarding taxpayers’ tax liabilities and communicated results of audits to taxpayers and their professional representatives, resulting in short turnaround times and positive feedback from taxpayers• Generated over $560,000 of revenue for the state within first year as a new auditor, resulting in recognition by supervisor, the Technical Resource Staff, and the Program Manager for excellent work• Collaborated with senior auditors and central financial modeling team to reveal a fraudulent tax refund scheme, communicated results of findings to affected taxpayers, and collected falsely issued refunds, resulting in the recovery of $250,000 worth of fraudulent tax refunds

Sherman Oaks, California, Us

I prepared 50 tax returns for individuals, trusts, LLCs, and S corporations in the entertainment industry.• Designated by managing partner to oversee priority client work outside normal business hours, based on stellar performance and strong work ethic.

Santa Rosa, Ca, Us

I authorized/denied home warranty claims based on customers’ contract coverage for home systems and appliances resulting in timely performance of warranty repairs by subcontractors and increased customer satisfaction.• Consistently handled 60 calls daily, which was 15 calls more than all other representatives’ daily averages, while delivering outstanding customer service by efficiently responding to inquiries and having superior knowledge of company policies, consistently resulting in QA scores of 95+

Master Of Business Administration (Mba), Mba

Bachelor Of Science (Bs), Accounting