Virginia Hong, Cpa, Ca Email & Phone Number

United States

Newport Beach, California

• Supervise the operations accounting group with processing wires, capital calls and distributions• Prepare and oversee cash reporting process on daily basis; ensure adequate funds available and implement process improvements; and create efficiencies by saving preparation time• Streamline entity’s year-end close template and reduce preparation time from a week to a few hours• Document process flowcharts for operations and financial reporting processes; compile and document desktop procedures for key components• Build reports for CRM using SSRS Report builder for executives to gain access to financials real-time• Prepare valuations, annual report, Moody’s survey, quarterly packages, dashboards and graphs

Irvine, California

• Prepare journal entries, reconciliations, management reports, upload forecast, variance analysis, document process flowcharts, regulatory reporting, operations accounting and reporting

Irvine, Ca

• Supervise the month-end close process for parent company and its subsidiaries • Review and approve journal entries, account reconciliations and financial reporting package• Lead Corporate Reporting Team in compilation of Annual Operating Plans • Assist the Corporate Controller in providing the Board and Management with necessary financial and operating information • Streamline reporting processes in order to increase reliability and enhance turnaround time• Supervise the preparation of both internal and external audit schedules and supporting documentation • Research and resolve accounting issues including evaluation and implementing accounting changes • Meet required deadlines and manage staff’s time• Enhance department efficiencies and implement process improvements

Orange, California

•Manage a team of staff/senior accountants responsible for preparing or analyzing monthly balance sheet reconciliations and other ad-hoc reports •Participate in month-end close, including the review of recurring and adjusting journal entries•Create and update monthly management reports as needed. Analyze and interpret complex accounting records or financial statements•Assist the Assistant Controller and Controller with analyses or projects•Work directly with other departments to coordinate the gathering of information necessary for compliance and other projects•Select, develop, mentor and counsel employees and share knowledge as needed or requested•Review work of accountants for accuracy and establish work standards•Responsible for time management of staff and meeting required deadlines•Continuously working on enhancing department efficiencies and process improvements

Irvine, Ca

• Assisted with month-end close; prepared and posted journal entries; completed reconciliations• Prepared quarterly and annual financial 10Q/10K SEC filings• Participated in Epicor conversion project; by assisting with multiple general ledger mappings• Streamlined financial reporting packages and reduced time to pull information by more than 2 days• Researched and completed bank reconciliations; outstanding for over 6 months• Prepared consolidated financial statements and eliminated intercompany balances• Acted as liaison between the Advisors group and REIT group to ensure cooperation and efficiency in processes and procedures• Coordinated interim, year-end and SOX audits• Supported management’s ad-hoc requests and met all reporting deadlines• Coordinated physical move to new office location• Assembled acquisition and disposition binders for audit purposes and record keeping

• Handled month-end processes and ensured timely remittance of monthly financial reports• Produced necessary financial reports to adequately and accurately provide financial information to management and other interested parties• Reviewed monthly journal entries, financial reports and performed P&L variance analysis to ensure successful completion of every month-end close process• Streamlined processes and analyses, provided improved support packages for Operations Group• Supervised, trained and mentored accounting staff• Improved financial reporting and process, eliminated redundancy, reduced reliance on various sources; increased efficiency by 20%• Coordinated quarterly and annual audits, prepared financial statements, made proper recommendations• Project Manager - coordinated, tested and validated operations reporting in conversion to RealPage Property Management Revenue System project• Recruited staff, assigned testing, conducted daily status meetings and resolved identified issues; Secured support of upper management and delivered reporting packages on time• Reviewed, tested, validated data and report definitions with IT Group and consultants on SAP conversion project• Assigned to manage as SAP super-user, shared expertise to other team members, mentored colleagues, improved process clarity• Co-administered successful conversion to SAP system without interruption of accounting operations• Redesigned entire reporting package and integrated with newly implemented SAP

• Prepared annual and quarterly reports to debt holders• Prepared quarter-end and year-ended financial statements and supporting schedules• Completed quarterly audit schedules and SEC documents - Form 10K• Analyzed and reported monthly gross margin analysis for stabilized and lease-up communities• Provided trend analysis of rental growth: collected rental revenue, average occupancy and number of units in renovation• Re-designed investment summary of the units in construction vs. units to be delivered, compared actual to plan• Rendered new template for Financial Results by Segment report; saving process time by 20%

• Provided financial analyst support to operational and divisional managers, met revenue, gross profit and utilization targets• Prepared financial forecasts and plans on a monthly basis to divisional managers, while adhering to US corporate guidelines such as target profit margins• Analyzed and reported monthly profitability of various business units • Delivered feedback to team for any risks or opportunities on revenue and expenses; ensured forecasted figures met on a monthly basis• Supported management’s ad-hoc requests for analysis of contracts’ profitability status • Prepared monthly balance sheet reconciliations and identified risks and opportunities

• Provided timely and accurate financial data for technical consulting services• Reviewed accounting functions and improved the financial reporting process• Advised on accounting issues to the financial analysts; resulted in immediate implementation of recommendations• Led high quality analysis and reporting process improvements on the income statement and balance sheet; enhanced understanding & reliability to Upper Management• Assisted in reducing material aging inventory items on the balance sheet resulting in increased cash flow• Prepared monthly reconciliations and identified risks/opportunities• Enhanced workload effectiveness in the accounting process; obtained timely financial information• Implemented new control procedures with the financial analysts, ensured proper documentation and back-up• Improved the working relationship and communication between the accounting and finance teams• Achieved and maintained audit control readiness posture, identified weaknesses, proposed recommendations

• Planned and supervised certified audits for clients in the retail, manufacturing, pharmaceutical and financial services industries • Prepared clients’ consolidated financial statements, including required note disclosures, in accordance with GAAP• Reviewed and evaluated internal accounting controls and drafted management letters, recommending operational improvements • Conducted compliance and substantive testing • Prepared client corporate tax returns

• Planned and supervised certified audits for clients in the retail and real estate industries• Prepared clients’ financial statements, including required note disclosures in accordance with GAAP• Conducted compliance and substantive testing

Bcomm, Accounting & Mis

Graduate Studies Of Chartered Accountancy, Accounting