Veronica Chen Email & Phone Number

Sunnyvale, California, US

Sunnyvale, California, US

Thousand Oaks, CA, US

. Manage a divisional accounting team of 4 accountants in the areas of revenue/sales orders, inventory/cost of goods sold, general ledger, inter-co transactions, fixed assets, expenses accruals, allocations, sales/use/property taxes, income tax provision, cash management, payroll, A/R and A/P.. Responsible for month end/quarter end close, review of journal.

United States, US

. Assisted a client (a SaaS company) to manage the full cycle of revenue operations under ASC 605 & 606. Reviewed and approved the contracts/sales orders prior to execution, provided the recommendation per ASC 605 & 606. Performed the month/year end close including the preparation of journal entries & account reconciliations. Reviewed and approved sales.

• Managed and supervised accounts receivable, revenue, cost, and commission
• Prepared PBC list for annual financial audit and revenue memo for VSOE analysis
• Prepared sales apportionment for state income tax return and tax provision
• Conducted technical research on revenue recognition and cost areas, assisted top management to implement new revenue recognition rule under ASC606
• Reviewed sales contracts during negotiation and provided recommendations to legal and sales
• Performed month end close for revenue and cost including review of sales orders, preparation of journals entries, account reconciliations and financial reporting

Fremont, CA, US

• Manage and supervise 2-3 team members in accounting/finance team
• Coordinate/assist the financial audit and tax audit, prepare PBC list/audit schedules, answer audit inquiries, update status, and prepare footnote disclosure
• Prepare/provide world-wide revenue forecast on a quarterly basis to the top management
• Implement and document company policies/procedures/memos in revenue recognition, A/R, credit check, fixed assets, purchasing and conduct the technical accounting research
• Perform and coordinate quarter end close procedure, review and approve journal entries, account reconciliations and flux analyses in revenue, deferred revenue, A/R, contra Rev.
• Review, negotiate and structure customer’s contracts with sales and legal teams to ensure finance terms and conditions are in compliant with revenue recognition per US GAAP

Tokyo, Japan, JP

• Managed 3 A/R staff and oversaw G/L, revenue, contra revenue, A/R & credit collection
• Implemented, documented, and maintained G/L, Revenue Recognition and A/R policies, performed accounting research on US GAAP, IFRS and reviewed of SOX requirement
• Performed and coordinated the month/quarter end close procedure, reviewed and approved journal entries, account reconciliations and flux analysis
• Prepared PBC list and answer audit inquiries for US F/S audit and US tax return
• Assisted in G/L, Revenue, A/R, A/P integration and transition for M&A activities
• Supported the sales teams for revenue accounting activities and ensured the sales contracts to be recognized appropriately per company revenue recognition policy

San Jose, California, US

• Participated the revenue accounting team supporting Enterprise and OEM/xSP channels
• Assisted with financial due diligence and acquisition integration activities
• Supervised one accountant and conducted training across the team
• Prepared revenue forecast, conducted contract review, interpreted contract terms relating to licenses/royalty fees, billing frequency, terms and maintenance and support
• Ensured the revenues for all contracts/amendments were appropriately recognized per revenue recognition rules: SOP 97-2, SAB104, VSOE
• Participated revenue tool implementation and enhancements

Master Of Science, Accountancy

Bachelor Of Art, Management, Accounting Emphasis