? Manage the Inventory accounting and close process, including supervising one staff.
? Collaborate with accounting, accounts payable, and warehouse teams on processes to ensure proper accounting and reporting.
? Review monthly Inventory roll-forwards and valuations, prepare and review journal entries and account reconciliations to ensure accurate reporting of Inventory, cost of goods sold, payables, accruals, and obsolescence.
? Streamlined processes and assisted in the automation of the accounting and close process for assigned areas and cross-functional areas.

Inventory Accounting Manager

? Manage off-site staff of five accountants.
? Supervise, manage, and ensure accurate preparation and timely submission of all client participation statements
? Manage the accounting month-end close process, review/approve journal entries, prepare and submit m/e reporting package.

Temp Assignment

? Manage staff of associates key duties to verify, confirm, and reconcile daily store sales transactions and daily store bank deposits
? Month-end accounting close responsibilities includes various bank account reconciliations, cash and sales journal entries, and various g/l accounts SOX review controls requirements
? Prepare and report company's daily cash position and request and affect any funding needs or invest available cash on hand

Los Angeles, CA	11/2014 - 04/2016
(1.4b, privately held women's apparel design, wholesale, and retail)

Manager Inventory Accounting & Control
? Responsible for the company's inventory valuation and record keeping
? Responsible for the wholesale and retail monthly revenue reporting and gross margin results
? Prepare/review weekly inventory valuation (borrowing base capital), required by and compliant with creditors borrowing facilities calculation & reporting requirements
? Maintain appropriate income and/or balance sheet reserve balances for (wholesale) sales returns, allowances, and chargebacks
? Maintain adequate/proper inventory reserve balances for Shrink, LCM (lower of cost or market value) carrying cost, and Obsolescence and provide quarterly analytics supporting the reserve balances
? Provide ad hoc cost of goods sold analysis, requests, and reporting
? Support all business partners' financial and accounting needs, concerns, and analytics requests
? Calculate annual overhead capitalization allocation
? Point person and lead on annual/external audits, interim reviews, and investor & consultants' requests for information and reporting

Manager Inventory Accounting & Control

(18b, worlds' third largest publicly held specialty apparel retailer)

Merchandise Payables (Inventory Capitalization) - Financial Analyst
? Responsible for the monthly reporting/reconciliation of all brands' inventory cost variances (impact to COGS)
? Ensure timely and accurate PO closure and correct income/expense variance is recognized
? Issue reports & data analytics related to an annual capitalized inventory cost (freight, duty, agent & broker fees) cycle of ~$8b in annual receipts
? Provide pending close week merchandise cost forecasts and close week actuals for all brands/divisions with variance explanations to budget and/or forecast
? Prepare all brands' annual merchandise spend (inventory) budgets
? Update/provide rolling forecasts of all brands' inventory cost variances, identifying and providing guidance as drivers & trends change (annual P&L impact of ~$60M income; total all brands)
? Maintain accurate records of company's open/outstanding stand-by Letters of Credit & Lines of Credit facilities
? Calculate, book, and reconcile all related interest, fee accruals, and amortizations; confirm & post all payments made to the issuing banks
? Provide SOX compliant monthly & quarterly off-balance sheet account reconciliations and related schedules (provided to external auditors & SOX Compliance internal department)
? Prepare analysis of inventory's discounted first costs & duty expense for Treasury department's foreign currency cash projections

Supervise staff

Renovation & Design Consultant and Project Manager

? Review licensee contracts to ensure that clients were properly invoiced and paid per contract
? Reconcile licensee payments to the general ledger and recognize income per GAAP
? Lead annual Capital Budgeting process and quarterly reforecasts
? Prepare monthly/quarterly Cash Flow projections
? Supervise staff of one (financial analyst)

Temp Assignment, Paramount Pictures

? Provide support to Label Finance & Accounting Shared Services as related to artist capitalization & marketing recovery analysis, royalty expense analysis and accruals, unapplied cash receipts & aging, TV advertising expense & recoupment, cash flow projections for royalty payments
? Provide analysis to Label Finance & Business Affairs including breakeven & recoupment analysis, projections, and coordination of rate information for artist P&L
? Supervise staff of 3; 1 manager & 2 financial analysts

Senior Director - FP&A

Director

? Responsibilities include coordinate & manage the monthly financial close & reporting process for all BMG Music Publishing N.A. companies in the US & Canada; deliver results & commentary to divisional & corporate management; coordinate & execute monthly forecasting of revenue and costs w/ drivers, cash projections, and reconciled balance sheet accounts w/ variance analysis.  Coordinate annual budget setting process and year-end audits.  Develop & maintain all financial reporting systems, analytic models/tools, and all related processes & procedures
? Successfully consolidated 7 music publishing companies within one centralized location, responsible for delivering all financial reporting/analysis, and providing all accounting functions and services
? Redesigned and implemented standard monthly management reporting including key performance indicators and analysis to budget
? Assisted in the redesign and implementation of two new general ledger systems (SAP & Navision) and two financial reporting systems, trained staff and established SOX compliant procedures and standards within all systems and reporting cycles
? Ensure adherence to company's policies & procedures
? Liaise with external auditors and manage their annual on-site field work & testing
? Analyze and implement cost-savings and efficiencies over all company's business lines & operations
? Supervise staff of 3; 2 managers & 1 financial analyst

Manager

? Preparation of annual budget, including forecasting and modeling of revenue & expenses and cash flow for all theatrical & television product and new production
? Developed methodology & established Borrowing Base Formula to support $250M credit-line for the company
? Designed cash-flow model to project income streams and to track actual cash collection activity; activity in excess of $100M/year
? Created & implemented a Marketing budget/tracking PO system to track individual projects' marketing expenses (including advertising & promotion) against budget for theatrical & television product; budgets up to $30M per title/project
? Assisted in the develop & implementation of a One-Sheet system, designed to track Ultimate's revenue & expense projections against actuals, and to project cash flow needs for all theatrical & television projects
? Responsible for cash-flow reporting, financial analysis as needed
? Manage month-end close process, prepare/book GL entries, reconcile various GL accounts
? Manage the financial reporting of theatrical & television marketing costs vs. budget, oversee the royalty accounting function regarding foreign & domestic distributor payments

Financial Analyst - Financial Reporting Group

? Supervised and examined a portfolio of nationally chartered banks
? On-site audits and testing of banks' asset & liability management
? Detailed review and testing of sampled assets (all lending facilities, investments, tangible & intangible assets), credit analysis, and loan review & risk assessment/grade assignment
? On-going review (on & off-site) of banks' operations and compliance with established banking and lending laws, rules, and regulations

National Bank Examiner

? Responsible for the reconciliation and review of all balance sheet accounts of all financial institutions under supervision, prior to their sale and transfer to acquiring institution, and/or at time of closing of failed institutions
? Supervised the institutions' preparation of all balance sheet accounts for final reconciliation and review
? Supervised the transfer of ownership and possession of all assets and liabilities accepted by the acquirer

Staff Accountant

? Planned, managed, and supervised all activities related to the disposition (sale & transfer or closing) of failed savings & loan institutions; both off and on-site
? Coordinated and supervised all activities (all teams/staff participating in the closing) related to the disposition of failed savings & loan institutions; both off and on-site

Closing Supervisor

Internal Auditor

Albuquerque, NM	09/1984 - 12/1988
(Privately owned, nationally chartered financial institution)

Internal Auditor & Loan Review Officer

TECHNOLOGY EXPERTISE & SKILLS

? Strategic Planning
? Annual Budgeting
? Capital Budgeting
? Contracts Review
? Cashflow Forecasting
? Modeling/Analytics
? Impairment Analysis
? Financial Reporting
? Deal Analysis/Ultimates
? M/E Accounting Close
? Revenue Recognition
? Accruals/Amortization
? Variance Analysis
? Sarbanes-Oxley
? Hyperion/Enterprise
? Oracle/JDEdwards
? Great Plains
? SAP & ACS ERP
? Excel
? Access Database
? Essbase

Internal Auditor & Loan Review Officer

Find out detailed information about Jerome Romero,  in Santa Monica, CA

Jerome Romero: in Santa Monica, CA

Jerome Romero

FabFitFun

Universal Music Group

Torrid LLC

BCBG MAXAZRIA

Gap Inc

Residential Properties

Motion Picture Finance Group

Warner Music Group

BMG Music Publishing N.A

BMG Music Publishing N.A

BMG Music Publishing N.A

Rysher Entertainment

Rysher Entertainment

Office of the Comptroller of the Currency

Resolution Trust Corporation

Resolution Trust Corporation

The Hammond Company

First National Bank of Albuquerque

University of New Mexico, Robert Anderson School of Management