Meiling Chen Email & Phone Number

Irvine, California, US

• Reporting to CEO and COO and supervising AR & AP staff of a wheel design and distribution business
• Developing and implementing internal controls for the accounting department to ensure accurate financial reports & operational performance matrix
• Structuring and streamlining day-to-day operations, creating automated processes and financial models resulting in accurate and timely financial data, and accelerating the month-end closing process
• Supervising and coordinating the team of accounting staff, and assigning and examining their work for timeliness, accuracy, consistency, and conformance to policies and procedures
• Responsible for monthly, quarterly, and year-end reporting, including consolidation and reconciliation of financial statements
• Working with CPAs on internal control process review, month and year-end process, physical inventory, G/L and control accounts reconciliation, and cash flow management

Lake Forest, IL, US

• Led Finance department, supervised and mentored the AP, AR, and administrative staff of a $80M revenue/65 employee business
• Orchestrated all finance and accounting functions including journal entry preparation, monthly and year-end closing, budget development, internal and external audit management, bank account reconciliation, financial.
• Controlled operating expenses within budgets and achieved profitability goals consistently year over year
• Reduced year-end physical inventory audit and adjustments to 0.05% of an average $6M on-hand inventory value
• Processed $3.5M annual salaried and hourly employee payroll, administered $300K company annual health insurance plan and enrollment and an IRA retirement program
• Streamlined the standard operating procedures and accounting processes leveraging best practices for sales contract execution, collection, rebate and discount programs, commission and insurance policies, accrual.

Northfield, IL, US

• Supervised staff accountants and company’s annual audit and managed payroll, insurance, and benefits functions for 15 employees
• Developed a cash flow model which helped grow the revenue from $2 million to $5.5 million for the company
• Prepared financial forecasts and reports for senior managers, investors, and financial institutions
• Presented financial statements to the monthly Board of Directors meetings and guided budgeting and sales growth
• Performed monthly, quarterly, and year-end closings, including bank reconciliation

Chicago, IL, US

• Managed Motorola’s financial consolidation and internal reporting function
• Conducted computing, tracking, and reconciling shares outstanding, earnings per share, related party out-of-balance reports, Balance Sheet variance analysis, and Inventory ICP estimation
• Performed financial closing on a monthly, quarterly, and yearly basis for the corporate sector and the total Motorola consolidation
• Oversaw the mechanics of the consolidation, analysis, and timely reporting of the results to Senior Management – Operating Statements, Financial Overview Reports, Market Sales Reports, and Statements of Cash Flow
• Coordinated with the external financial reporting function for quarterly SEC filings
• Managed budgeting process, issued monthly budget outlook to operations to monitor spending, control and reduce operational costs