Stephen Yu, Cpa, Mba Email and Phone Number

Involved in Vistex software implementation for chargebacks, rebates and claims in SAP. Prepare Gross to Net Sales analysis and analyzing franchise/channels sales using COGNOS and distributor EDI data. Provide key insight into GTN calculations and revenue processes to maximize commercial success in US.Responsible for the timely and accurate closing Americas regional books and preparing adjusting entries to ensuring compliance to IFRS and external reporting of financial results. Collaborate with planning team on expense accruals to ensure company claim liabilities are accurately captured and managed. Perform detailed balance sheet reconciliations, identifying and remediating any action items.Involved in adoption of lease accounting standards (IFRS 16) for Americas region and preparation of monthly reporting and review of lease activities with Corporate and business operations. Provide robust financial inputs and support operations budget/forecasts and collaborate and communicate with world-wide finance organization to ensure accurate results.Prepared the management representation letters and review obsolescence inventory and valuation (LCM) schedules. Detail analysis of P&L, Balance Sheet and Cash Flow. Prepared audit documentation and support external and internal audit, working closely with Deloitte on finalizing annual audit documentations.

Lead in a successful implementation of Revenue Recognition Software (RevPro – Zuora) for ASC 606 new standard. Using Business Objects (SAP) and TM1 (COGNOS) to perform a comprehensive detail variance analyses on $1.2 Billion annual revenue and determine root-cause for significant variances and key drivers; prepare monthly and quarterly analytics and executive summary package to be shared with senior management. Manage the daily subscription revenue from various source feeds; Review and monitor the month-end revenue close in Blackline and analyze different performance of obligations for ASC 606 compliance and ensure revenue recognition in the correct accounting period.Coordinates Sales, Billing, Revenue Compliance and General Ledger teams to ensure completeness of financial reporting by reviewing key customer contracts with the Sales and Marketing teams, maintaining new product revenue mapping in the system, and reconciling accounts at sales channel level for purpose of detail planning and forecasting; Display leadership qualities that mentor, develop and guide team members during the implementation process.Worked closely with both internal and external auditors on drafting and testing internal control procedures and processes surrounding 606 revenue recognition steps, to streamline and optimize quote to cash and close to report processes and to ensure effectiveness of the key controls and integrity of financial information.Prepared the initial cumulative adjustment schedule under the modified retrospective method for 2018 10K filing; interface with both internal and external auditors on SOX 404 mandates on ASC606 internal controls and procedures ensure their effectiveness by performance the substantive testing of performance of obligations and revenue release events.

Oversee and perform a detailed review of property development level accounting transactions and reports on a monthly, quarterly, and annual basis (i.e. financial statements, annual audits, tax returns, general ledger, property income reports, market value, contingent liabilities, cash inflow/outflow report, etc.) for $300 millions assets held for sale. Oversee the day-to-day activities of accountants and accounting department; Demonstrate effective leadership, coaching and development of accounting staff to achieve department and company objectivesManaged technical accounting function including complex financing transactions (e.g. mezzanine debt and seller financing transactions), drafting accounting policies and procedures specifically tailored to the real estate business and multiple accounting memos (e.g. impairment testing and evaluation of revenue recognition practice as result of the new revenue recognition standard), and providing proper training to internal finance group.Reviewed quarterly earnings release materials as well as annual 20-F filing footnotes and related supplemental schedules and review accounting processes create efficiencies and streamline practices in meeting deadlines and deliverable.

Reviewed the consolidation of the firm wide and segment income statement and balance sheet.Prepared and maintained Firm’s earnings release financial supplement schedules and disclosures for 10Q/10K and regulatory filings (Y9C and PPNR)Produced financial and qualitative analysis (EPS, ROE, ROTCE, Capital ratios, etc.) used in Firm’s Board of Director and executive committee’s presentation.Supervised a small team of accounting/finance professionals and deliver Firm’s monthly and quarterly closing and financial supporting documents on a timely and accurate basis, analyze segment financials and associated disclosures by interacting with legal entity controllers and investigate business drivers.

Prepare balance sheet account analysis, statement of cash flows and supporting schedules and standard consolidated reporting packs. Reviews and approves certain PeopleSoft and HFM monthly journal entries.Analyze consolidated financial results and KPIs, while ensuring SOX and Accounting Policy and Procedure compliance.Enhance current intercompany process and ensure balances are translated and reconciled; Streamline internal controls for intercompany transactions to ensure the correct eliminations, and reduce overall intercompany mismatchSupervise accounting staffs to ensure monthly closing requirements are met on a timely and accurate basis.Develop monthly and quarterly close checklists and coordinate quarterly business reviews covering analytical review, balance sheet and P&L controlImplemented Finance Lean Six Sigma projects and successfully achieved the book close process efficiency.Ensure the integrity of accounting procedures and performed due diligence on recording and disclosing the complex financial transactions, including securitization, complicated sale-lease back, and cash flow hedge and currency/interest rate SWAP transactions.Prepare and analyze international segment outlook, cash flow forecasting, and withholding tax on Cash repatriation schedules, five-year strategic plan, and individual foreign investment portfolio ROI analyses.