Mimi Cheng Lopata Email & Phone Number

Los Angeles, California, Us

Los Angeles, California, Us

Los Angeles, California, Us

• Lead all finance initiatives, provide insightful financial and qualitative analyses to enhance the accuracy and efficiency of the financial reporting process, assess performance, drive growth, efficiencies.• Provide CEO with clear insights into drivers of business growth, risks, and opportunities and give recommendations to drive the business forward. • Monitor key performance indicators across retail, DTC, wholesale & operations and communicate effectively to leaders across the business on those trends.• Develop annual operating budgets, maintain accurate monthly/quarterly forecasts and analyze monthly financial statements. • Create new distribution center valuation models and evaluate investment ROI.

Chicago, Illinois, Us

Woodbury UniversityActed as interim Director of Finance• Lead in financial planning and budgeting, including financial modeling, projections, finance committee meetings, and utilizing data to improve key insights.• Developed the guidelines and templates used for the annual operating plan process for revenue, expense and capital spending.• Executed long-term strategic plan for board approval and line of credit negotiation with bankersEast West Bank• Modified financial reports to be used as templates for easier updates and faster turnaround times.• Supported SVP by preparing presentations and analytical reports to senior and executive leadership.

Vevey, Ch

• Analyzed Nestle USA`s consolidated financial reporting on actual results, budgets, and outlooks. Provided budget-to-actual reports with analysis to executive management.• Prepared monthly and quarterly presentations to CFO for executive management meetings and investor relation reports.• Consolidated and analyzed financial and market information for the long-term strategic plan submission. Collaborated with Division and Functional teams to fulfill requirements.• Monitored and analyzed company’s key performance metrics to executive management for strategic decision making.• Provided market research data on category growth and market share trends by customer for Chief Marketing Officer critical to decision-making process.• Provided analysis of the Product Portfolio, including a review of sales trends, cost variations and investment spending by analyzing actual results and forecasts.• Prepared summary of Sales and Profit results for Nestlé USA key competitors. Summarized the major initiatives and events.• Worked closely with the operating divisions and corporate groups to insure timely delivery of requirements and consistent use of Company reporting policies and systems.

Chicago, Illinois, Us

Consulting assignments:Nestle USAProduct Marketing& Development• Lead annual marketing budget planning including managing timeline and execution for budget submission, gaining alignment across divisional leadership on budget breakouts, partnering heavily with Marketing teams to define and outline key campaigns and activities. • Maintain marketing budget tracking including monthly budget changes impacting monthly forecast and full year estimate, historical figures for trending and analysis. Provide insights and updates to finance team during monthly team meetings.Sony Pictures Entertainment• Liaised between Finance departments and Information Technology groups to coordinate post-implementation system clean-up requirements for 12 companies with 500 profit centers. • Conducted extensive meetings to determine appropriate post-implementation ‘clean-up’ strategy by preparing over 1,000 entries to properly adjust discrepancies caused by new software implementation.• Documented the appropriate policies and procedures that are informative, indexed, cross-referenced to ensure compliance with significant provisions of Sarbanes-Oxley legislation. Leiner Health• Analyzed and modified client’s profit-sharing plan for better accuracy in data collection.• Significantly modified financial reports with links to internal databases, reducing workload from 2 days to 1 hour.• Revamped and automated client’s profit-sharing plan by creating standard templates for simple and easy access.Hanmi BankActed as interim Vice-President of Finance for $3.4 billion banking company including development and implementation of budget systems integration plans.• Developed, planned and executed a comprehensive annual operating plan.• Liaised between IS and Accounting teams to design and implement new business systems and to develop system-generated reports and online interfaces. • Created internal management schedules for senior management (CFO, President and Chairman).

Deerfield, Illinois, Us

Promoted to Project Manager in less than one year. Responsible for all US based R&D spending and supporting financial results by developing strong working relationship with the R&D directors.• Managed R&D expenses and submitted findings to management by performing financial analysis and preparing quarterly forecast.• Identified process deficiencies and implemented a series of tangible improvements that resulted in a higher level of productivity.• Trained managers on budget procedures and financial issues, resulting better understanding by managers on the relationship between operation and financial impact.• Developed excel templates for more accurate and efficient data collection resulting from 25% to 90% compliance in timely forecast submissions.

Deerfield, Illinois, Us

Managed the consolidation and analysis of the annual budget, quarterly forecast and monthly actuals for three international pharmaceutical divisions with over 50 product lines totaling an annual revenue of $2.8 billion. • Analyzed and presented revenue, gross margin and product profitability analysis for over 50 product lines, improving decision making by management.• Generated monthly review of operating results and variance explanations, assisting directors in the development of presentations to senior management in strategic planning.• Requested by Vice President of Finance to join Strategic Team, providing financial analysis and recommendations in formulating a strategic plan presented in executive management meetings.• Created and maintained NPV financial models, assisting marketing and strategy teams to request funding of $5 million from venture capitalists

• Analyzed market share analysis and feasibility studies provided by 3rd party consultants. Identified issues and recommended solutions to CFO before presenting findings to the Board of Directors.• Project leader in automation of financial reports resulting in reduction in workload from 8 days to 2 days.• Identified trends and issues, providing forecasts and analyses, assisting executives in strategic planning and business improvement initiatives, resulting in faster turnaround time in decision making.• Provided analytical support in strategic planning and marketing efforts by performing market share analysis and feasibility studies. Analysis identified key issues miscalculated from previous studies.• Defined accurate key contributions in compilation and consolidation of long-range financial plan. Incorporated and analyzed changes from executive management in a timely manner.

Mba, Finance And Strategy

Bs, Accounting