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 entries and account reconciliations, flux analysis, financial reporting, accounting policy & procedure, financial audits, SOX 404 compliance, coaching & training of the accounting team, and special projects.

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 orders & invoices in NetSuite. Managed, reviewed and maintained revenue arrangements in RevSym. Conducted an analysis of SSP (Standalone Selling Price) for licenses, support, professional services, training on a quarterly basis. Prepared financial reports to management after month/quater end. Prepared PBC list for annual financial audits and provided the supporting documents for selections/ inquiries from external auditors. Provided revenue and deferred revenue schedules for tax provision purpose. Managed sales incentive programs and assisted commission calculations under ASC 606. Performed special projects as needed

• 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 • Reviewed journal entries and account recons for accounts receivable & commission accrual• Provided revenue forecast for 3 years plan to top management for board presentation• Performed VSOE analysis on maintenance and professional services for standalone deals• Conducted annual performance review and set-up quarterly objectives for direct report• Coached team and developed accounting skills for staff to advance career growth• Performed special ad-hoc projects as needed to support accounting and sales operations teams

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• Provide internal training in updating revenue recognition and accounts receivable process• Assist the setup of standard prices for Professional Service and Maintenance & Support• Perform ad-hoc reporting and support special projects as needed

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• Coordinated with BA team for project implementation and system enhancements• Provided internal training to staff in updating the revenue recognition principles• Performed ad-hoc reporting and supported special projects as needed

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• Performed SOX cross-testing and provided documentation for audit requirement• Performed month/quarter end close including preparing journal entries for deferral and amortization, accruals, reasonableness test, flux analysis and account reconciliations• Performed special projects such as VSOE Analysis and SAB108

Master Of Science, Accountancy

Bachelor Of Art, Management, Accounting Emphasis