Sat Khalsa Email & Phone Number

Los Angeles, Ca, Us

Los Angeles, California, Us

In this position, I directed the accounting department activities for this not-for-profit regional trade association with 176 member hospitals and 31 health systems. I led all facets of the accounting cycle including invoicing, accounts payable, monthly general ledger, and reporting for multiple entities. I also managed the monthly closing and answered questions from staff and management. Moreover, I performed and reviewed balance sheet reconciliationsA few accomplishments in this role include:» Improved accuracy, efficiency, and accountability of processes and staff, functions, and activities.» Liaised with managers on grant and recuperative care billing to ensure timely and accurate reporting.» Maintained in-house computerized accounting system and adapted programs to changing needs, including chart of accounts and Microsoft Dynamics GP with strong attention to detail and deep understanding of accounting principles.

El Segundo, Ca, Us

I updated senior leaders by evaluating, analyzing, and reporting appropriate financial data points and KPIs of this equipment leasing start-up. I also guided financial decisions by applying policies and procedures, implementing financial controls, and establishing benchmarks, budgets, program monitoring, and reporting standards.Some contributions in this position include:» Transitioned books to GAAP accounting, updating chart of accounts and procedures. » Collaborated with owner and CEO to provide new GAAP-compliant reporting for investors as well as management needs. » Managed AP/AR/GL and monthly close process and bi-monthly payroll system.» Completed financial reporting and variance analysis and reconciled accounts with years of unreconciled transactions

Salt Lake City, Utah, Us

• Assessed and developed plans for client’s financial reporting framework to align with external and internal compliance and requests.• Moved client’s accounting to GAAP from cash basis accounting. • Prepared and managed client’s GAAP audit.• Managed client’s Philippines based accounting staff.• Created process to synchronize GL data between custom built accounting software to QuickBooks Online. • Clients included startups and established companies. Client Industries: Internet provider startup, digital advertising, consumer products, personal development, solar power construction, customs brokerage and movie prop consignment auctions

Venice, California, Us

As a consultant, I leveraged my financial expertise to create accounting processes and procedures, recommend internal controls for financial security, and adhere to external and internal compliance policies. I also directed clients implementing financial reporting frameworks, accounting software upgrades, and other processes.Notable contributions include:» Moved clients from cash basis accounting to GAAP while preparing audit and managing offshore accounting staff.» Created process to synchronize GL data between custom-built accounting software to QuickBooks. » Served start-up and established company clients in numerous industries technology, consumer products, construction, and others.

• Created and managed accounting and reporting systems to meet needs of our startup.• Created annual budgets and did a monthly budget to actual assessment.• Created and implemented processes for all accounting functions from sales to inventory management. • Involved in all aspects of our startup clothing company with a focus on accounting and finances: clothing design, working with overseas manufacture, customer service, internal and external negotiations. • Clothing appeared on stage, TV, and film with Prince, Miley Cyrus and many others.

Alexandria, Va, Us

• Responsible for all finance, accounting, and budgeting for consolidated operations of approximately 35 operating units with revenues of $40 million. • Presented and interpreted financial information to board members each month and the audit committee bi-annually. • Responsible for all aspects of the outside audit.• Responsible for responding to finance and accounting inquiries from donors, government agencies and foundations. • Supervised the accounting and finance operations with approximately 50 accounting and clerical staff for AR, AP, account reconciliations, and inter-company reconciliations using FRX and Great Plains software.• Managed accounting for temporarily and permanently restricted funds• Oversaw consolidation of field units and elimination of intercompany activities. • Prepared budgets and forecasts for consolidated operations and field unit operations of $40 million. • Attended board meetings to explain financial and accounting issues to board members. • Prepared forecasts with assistance from operational mangers. • Oversaw the tracking of expenses related to government contacts.• Resolved personnel conflicts and performance issues.• Resolved technical accounting issues and worked with outside auditors to ensure that they agreed with the accounting methods.• Managed banking relationships with Bank of America and Wells Fargo. • Created reports that helped operational managers and donors more easily understand our operations and goals.

Oakland, Ca, Us

• Managed the monthly close processes, supervised 3 staff accountants, and acted as primary contact for outside audit.• Monitored budget versus actual results and determined reasons for variances.• Coordinated obtaining accounting information from other departments.• Prepared annual financial statements. • Resolved technical accounting issues.

London, Gb

• Specialized in not for profit, retail, distribution, and manufacturing industries for public (SEC) and private clients. • Managed all aspects of financial statement audit process including planning, budgeting, profitability management, administration, billing, supervision, review, client service, and reporting.• Extensive experience with consolidation processes.• Assisted clients in converting financial statements to GAAP from other accounting practices. • Researched and concluded on technical accounting issues.• Generated and fostered positive client relationships. • Facilitated and participated in communications to client senior management.• Analyzed and reviewed financial statements including individual balance sheet and income statement accounts.• Developed an understanding of clients’ business by analyzing historical trends and financial information.• Identified and communicated suggestions for improvement of operating efficiencies to client management.• Responsible for supervising and training engagement and client personnel teams.• Provided constructive feedback to engagement personnel.• Past clients included: The Salvation Army, Western TerritoryARCO Inc.DSL Transportation Inc., LogisticsKwikset, Inc., A Division of Black and Decker CorporationEisenhower Medical Center PSL Group Inc. Audio Visual Equipment Square H Brand Inc., Meat Processing Smith + Noble Inc., Catalog RetailerWater Pik Technologies, Inc.Virgin Records, Inc.