Accounting Manager
Aureal Semiconductor
Accomplishments-Implemented procedures to close books in two days after month-end and quarter-end-Developed Fixed Asset database in Microsoft Access-Analyzed and reconciled accounts that were more than 120 days past due resulting in collection of $800,000, through aggressive collection efforts, and $130,000 of over-payments to vendors-Modified credit with Dun & Bradstreet from 60 days past due to 12 days past due with industry average of 15 days-Negotiated contracts with up to 40% discount & net 180 days terms with savings of over $2 millionAreas of Responsibility-Supervised 4 individuals in accounts payable and order administration department with direct reporting to the CFO and Controller-Assisted in development and implementation of operating policies and procedures in conjunction with system conversion, process improvement, and training of new employees-Assisted in preparation of quarterly and annual financial statements filed with the SEC-Coordinated monthly closing ensuring timely and efficient processing with accurate results-Analyzed and reconciled general ledger accounts, including, but not limited to accounts receivable, prepaids, fixed assets, accounts payable, cost of sales and accrued expenses-Prepared annual budget with monthly expense analysis and report budget vs actual variance trend to all levels of management-Provided weekly cash flow analysis and forecasting-Prepared and filed Alameda county property tax return, State of Delaware Franchise tax return, and California sales and use tax returns-Reviewed royalty contracts, prepared royalty billings and recorded associated revenue-In charge of purchasing for publicly traded company, including vendor selections, negotiations, and monitoring purchase orders