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 and other accounting based questions.• 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 specific reporting needed for inter-system reconciliations. Currently point of contact on Chegg’s most valued partner.• 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.• Collaborate with Finance and Business Leaders to reconcile variances determined in the Budget vs. Actual process.• Collaborate with business analysts to configure, build and test new systems needed for financial operations • Act as a liaison with independent auditors for interim and annual financial audits.• Document gaps and recommend remediation of accounting and IT processes within the company for SOX compliance and financial risk.

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.• Recommended and implemented operating policies and control procedures, and ensure overall efficiency and effectiveness of the company.

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.• Interfaced with external auditors for quarterly reviews and year-end audits.• Mentored Corporate Finance Department accounting personnel.• Served as liaison for all international subsidiaries, maintaining foreign exchange rates and translating and reconciling all intercompany activity; instrumental in consolidating financial statements and resolving timely reporting issues.• Provided information for taxpayers to calculate FAS 109 tax expense and tax return information, including gathering all information required to calculate research and development credit.• Reviewed cost plus adjustments calculated by foreign subsidiaries and confirm calculation is pursuant to agreement.• Charged with interfacing with all internal and external legal counsel; prepare monthly analysis of services rendered and determine accruals; defend findings to auditors and present final figures to general counsel quarterly.• Managed close process.• Advised Finance and Budget managers regarding financials, fluctuations, and discrepancies.• Responsible for SOX compliance and coordinating with internal and external auditors.• Managed the company’s percentage of completion process for certain key revenue streams.

• 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