Rencong Li Email & Phone Number

New York, Ny, Us

• Achieve accuracy in general ledger management, ensuring precise financial records and leading to smooth monthly close processes• Orchestrate seamless monthly close: coordinate vendor payments with AP and FP&A teams, prepare various general ledger adjustments and month-end accrual entries, and adeptly uploaded them into the Workday system.• Managed bank reconciliation for 20+ bank accounts monthly, overseeing intercompany transfers and creating ad hoc bank transactions. Successfully rectified errors, ensuring precision in financial transactions and intercompany payments• Prepare & analyze monthly balance sheet reconciliation schedule across cash, prepaid, fixed assets, and accrued expenses,etc.• Prepare financial statements, perform analytical review of the P&L, and craft detailed income/expense variance reports for management• Collaborated with the Controller to prepare meticulous accounting data for the year-end audit, ensuring seamless audit processes and compliance.• Engage in ad-hoc projects assigned by the Controller, focusing on enhancing financial processes and proceduresAccomplishments: • Spearheaded General Ledger template creation pre-China Accounting Team establishment. Led China month-end close, and prepared precise journal entry worksheets integrated into the Workday system. • Expertly managed corporate credit card program, preventing duplicates/fraud transactions and providing guidance to colleagues on entering credit card expenses which significantly reduced monthly credit card accruals and save 10% costs for Fascial Year • Streamlined accounting processes by developing efficient recurring entry templates, enabling advanced uploads and significantly enhancing monthly close efficiency

174 Hudson Street, New York New Yrok, 10013

• Prepared monthly P&L reports to analyze sales and profit margins resulting in a substantial increase in overall profitability.• Implemented financial models, reducing forecasting errors by 20% and enabling more accurate budget allocation.• Developed and maintained monthly billing reports, improved timeliness of revenues reporting to the upper manager, and provided accurate information to support management decision-making.• Responsible for the accuracy of the general ledger and efficiency of monthly closes processes.• Created comprehensive operating expense reports, providing valuable insights for cost optimization strategies and aiding in decision-making processes.• Collaborated with the financial department to prepare accurate accounting data for the year-end financial audit • Optimized the inventory valuation report and maintained a weekly reporting in inventory • Engaged in ad-hoc projects assigned by the CFO and Controller, focusing on enhancing financial processes and proceduresAccomplishments: • Developed, implemented and streamlined credit card expense tracking template in Excel for Designers and Account Managers, enhancing operational reporting efficiency and ensuring accurate cost collection

5223 1St Ave, Brooklyn, Ny 11232

• Manage accounts payable processes, including invoice verification, payment processing, and vendor communication.• Efficiently manage accounts receivable processes and optimizing cash flow management.• Prepare detailed journal entries, including year-end adjustments, contributing to precise financial reporting.• Calculate and manage employee time sheets, oversee weekly payroll processing, and prepare quarterly payroll tax filings.• Process bank account reconciliations for entities• Assist supervisor in preparing financial statements

568 Bay Street, Ste 2 Staten Island, Ny

• Prepared IRS-compliant tax returns for individuals and businesses, ensuring accurate and timely submissions.• Utilized QuickBooks for journal entries, general ledger postings, and reconciling bank and credit card accounts, ensuring precision in financial data.• Processed payroll, and electronic deposits and reconcile all bank and credit card accounts• Prepared and assisted all financial reports, including profit and loss, balance sheet, and statement of cash flows• Prepared budgets and implemented Financial Life Plans, contributing to efficient financial planning processes.• Participated in National Conferences and Chapter Meetings, staying updated on industry trends and networking opportunities.Accomplishments:• Successfully reconciled 5 years of financial records for a non-profit client, integrating financial transactions into QuickBooks. Assisted CPA employer in analyzing data, ensuring the organization's smooth operations till date• QuickBooks Online Certification exam administered by Intuit.

199 Chambers Street, New York, Ny 10007

Assist in the Freshman Registration process by tending to students with testing related issues in the Registration arenaAssist with the administration of the CUNY Assessment Exams, the Ability to Benefit Exam (ATB), Exit Exams Proctor test sessions which include evenings and weekendsAssist in organizing test space and equipment requirementsAssist with arrangements for special eventsResolve technical difficulties with software and hardware

Bachelor’S Degree, Accounting And Finance

Activities and Societies: Accounting Club

Associate’S Degree, Business Administration And Management, General

Activities and Societies: International Student Club