Toral Patel Email & Phone Number

Mountain View, California, US

Santa Clara, CA, US

• Oversee overall accounting close, with primary responsibilities around G/L, A/P, A/R, cash management and payroll processes while assisting four accounting staff and a manager in system issues, worldwide consolidations.
• Ensure month end journal entries, reconciliations and reports tick and tie, else work with the team and analysts to understand, document and adjust as needed.
• Principal contact and subject matter expert for designing accounting practices to onboard new Required Materials business partners.
• Collaborate with project managers, engineering and sales to ensure new projects flow from the Company’s internal systems to Oracle Financial system as needed to comply with accounting standards while determining.
• Finalized the Oracle Financials implementation, trained all staff and documented processes to increase day to day productivity and reduce delays in month end close.
• Work cross functionally with the FP&A director and team to forecast balance sheet and cash flow statement as well as facilitating the data needed for the operating forecasts.

US

• Responsible for the Accounting & Finance Department, Human Resources and Facilities.
• Oversaw all legal contracts for revenue recognition, vendors and employees and acted as liaison with outside counsel.
• Member of the Executive Team working and communicating closely with Vice Presidents, COO, CEO, Board of Directors and Investors.
• Conducted financial modeling for business forecasting and budgeting.
• Prepared financial analysis for all Board Meeting presentations.
• Managed and reviewed accounting department’s daily and month-end close activities.

US

• Coordinated and drove responses for due diligence requests from acquiring company by researching and organizing information during the due diligence period of Transmeta’s acquisition.
• Managed the 10-Q filings process and prepared footnote disclosures in compliance with GAAP and SEC reporting requirements.
• Drove company’s SOX compliance and internal controls in coordination with Internal Audit team.

San Jose, CA, US

• Prepared footnote disclosures for 10-Q and 10-K filings in compliance with GAAP and SEC reporting requirements.
• Implemented Oracle 11i Financials System.
• Drove and documented company’s SOX compliance and internal controls through coordination with Internal Audit team.
• Collaborated with the HR Department on Proxy Statements.
• Performed FAS 123R calculations, interfacing with consultant to discuss assumptions.
• Researched FASB and SEC new releases on a quarterly basis, updating staff, Controller, Director of Financial Operations, and CFO on impact of new releases.

• Facilitated year-end audit, decreasing audit schedule from 11 months to less than 3 months.
• Streamlined month-end close procedures, improving close from 12 days to 3 days.
• Prepared balance sheet, P&L flux analysis, and related explanations for upper management on a monthly basis.
• Served as the liaison for all international subsidiaries, maintaining currency rates and translation and reconciling all intercompany activity.
• Managed month-end close for U.S. Operations, preparing journal entries including fixed assets, leases, accruals, and prepaids.

US

• Participated in the company’s IPO and secondary and private placement offerings.
• Interfaced with Liberate’s largest subsidiary located in the U.K.; maintained currency rates and translation, reconciling all intercompany activity and ensuring subsidiary books were synchronized with corporate books.

Austin, Texas, US

Bachelor Of Arts

Education record